Comments on: The deal’s off http://keo.co.za/2011/05/11/the-deals-off/ An independent look at South African rugby Thu, 23 May 2013 05:12:33 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: shebeen(shebeen) http://keo.co.za/2011/05/11/the-deals-off/#comment-1884545 shebeen(shebeen) Mon, 30 May 2011 11:58:28 +0000 http://www.keo.co.za/?p=77999#comment-1884545 Bunker Capital, name rings a bell and it all went pearshaped once they had to pay up. go google “bull of africa”

]]> By: Heavens Game(Heavens Game) http://keo.co.za/2011/05/11/the-deals-off/#comment-1869224 Heavens Game(Heavens Game) Thu, 12 May 2011 06:54:43 +0000 http://www.keo.co.za/?p=77999#comment-1869224 Heck… Some SWD b.uggers have been conned:
“Bunker Capital traded this future income stream (R430 000??) in parcels, at present value rates….” HUH?

Leading to “Bunker Capital and its associates set in place a unique structured finance transaction not seen anywhere in South African rugby. It paved the way for rugby to be totally revolutionised in the way it viewed the financing of its operations.”

Author Simon: It would be very interesting to know the “parcel” value, the “present value rates” used and the what market was used to trade these “parcels”… i.e. Who the heck would be stupid enough to buy…

Just little details…

]]> By: jb(jb) http://keo.co.za/2011/05/11/the-deals-off/#comment-1868588 jb(jb) Wed, 11 May 2011 05:04:33 +0000 http://www.keo.co.za/?p=77999#comment-1868588 DERRICK DE NECKER (CEO OF BUNKER CAPITAL): ‘Bunker Capital and its associates set in place a unique structured finance transaction not seen anywhere in South African rugby. It paved the way for rugby to be totally revolutionised in the way it viewed the financing of its operations. SWD became one of the first provinces to become totally self-reliant and not dependent on sponsors at all. After political interference for most of 2010, rugby in SWD has experienced a setback like never before. Not only did rugby in SWD suffer, but South African rugby as a whole.’

what a lot of b.s

extraordinary that no due diligence was carried out on the masters of pyramid schemes

the very same that ran the infamous Genesis scam in the SWD/ EC

one giant rip off

come on Simon; dig deeper

]]> By: BULLET(BULLET) http://keo.co.za/2011/05/11/the-deals-off/#comment-1868587 BULLET(BULLET) Wed, 11 May 2011 04:37:35 +0000 http://www.keo.co.za/?p=77999#comment-1868587 Well, at least its not a stormers article?

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