Online Jukebox...

If SJ were to secure funding which seems very unlikely now .What would they do with it , pay back the money of those who do not wish to continue with their purchase in accordance with Spanish law  and then continue to re sell  the properties or continue to build to enable them to gather funds from final  payments quickly  ,  if  which is again unlikely they were allowed to build  on to maximise quick returns from final payments , which development would  they complete first in order to maximize the return of  final payments in the quickest  possible time scale ?  Which in turn could draw in the capitol to enable completion of other developments.


This message was last edited by julie anne on 7/19/2008.

This message was last edited by julie anne on 7/19/2008.

This message was last edited by julie anne on 7/19/2008.

Simply and very well put JA.  Lets hope it gets answered as clearly.

Sally

Hi JA....Good post, who knows what sites there are and what info do we have on each?

When you think about administration of large companies, the ones that usually trade on are ones that have some assett stripping carried out, they become slimmer and less rigid and hopefully financially healthier.  The big decisions would be.....do you lose the bigger sites or the smaller sites, which ones give bigger returns etc.

I dont know enough about the locations, the number of customers and the like on SJ's and HdT's sites, the people in Spain have given the clues though.  Any local information forthcoming please???

Heres a clue....San Jose administration...my thoughts recently on a section of this administration is.

Easiest to sell?....Albatera, no building, parcel of land....disposable or tradeable assetts
Easiest to complete?....El Pinet....good location,minimal infrastructure requirements (no golf course) least amount of issues (environmental lobbiers, licences etc), easiest to attract customers and probably enough potential deposit movement from the likes of Albatera to complete quickly.

Who can fill in the rest of the San Jose Admin?

San Jose administration may prove the easiest to work through at first glance..

H d T Administration

Hard to sell?.......Santa Anna.....large site, dwindling custom, lots of infrastructure, many arguments and delays, requires substantial finance package.
Easy to sell.......Anyone fill in the blanks on this for HdT?

Maybe the San jose side will be easy to trade on, maybe H d T will be sacrificed to keep the San Jose side afloat...who knows.

Brian

Hi All,
Had a busy weekend so sorry for not joining in the conjecture game. So what if , as they have water, licences, golf course landscaping underway, foundation in for a lot of properties, 45% Spanish purchasers, are not part of the coastal property bubble and it is supported by the Town Hall etc..... I suppose that there is a good probabilty that they will do exactly what they have said and offer us contract to carry on with our purchases. Especially as thefunds would be linked to a buisness plan and the designated development.

All the best
Tony

 

Hi Tony

Thanks for joining in.....you have done loads of research so it should be good information from you at this post.

On H d T administrarion, how many sites are there in the administration and what stages are they at?....can you pop them on here as a list with any other info.....it may start to develop as a picture.

Cheers
Brian