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    So keith you are 'unconvinced of the viability of the scheme'. Fair enough but would you mind expanding on why you think that.

    I have to disagree. I do think that the scheme is viable and my reasons for this are:

    1/My own knowedge of business and finance in general. While I am involved in the retail, personal investment, end of financial advice I nevertheless do have a fair bit of knowledge about business finance and issues surrounding it.

    2/Dover's geographical location. This gives it an inbuilt advantage over competitors.

    3/Economic growth. We are at the bottom of an economic cycle and while there is a rocky road ahead recovery will work its way through boosting trade and increasing cross channel volumes and therefore port revenues.

    4/Dover Port is a going concern and not a speculative start-up. This means there is solid proven data that can be used to assess revenues over many, many years.

    5/The City view that Dover Port bonds would be low risk investment grade issues. This would mean that interest rates paid would be low. In other words the people who regularly invest in this way and understand business risk will be willing to take a lower rate of return for what they see as a low risk investment in The People's Port. If such people view the project this way and are willing to put up their own money who are we to argue.

    So I believe that there is substantial evidence that this project is a viable one and it would be interesting to see what evidence you have on which to base your opinion Keith.

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