(Original post by Burton Bridge)
So let me get this straight, you think that losing a regular customer and percentage of their sales will boost the company's turn over thus boosting the individual EU member states?
Vinny have you ever ran a business?
I have and still do.
No, the key is what percentage of the individual company's turnover is predicated on the cross border sales and what damage an interuption will have on that company's ability to continue to operate. No Deal brings into sharp focus how much cash in bank/access to funding a business has to ride through the interuption, as does how long the interuption will continue.
Totals re who sells what to whom at a country level are meaningless unless the country is going to support individual business entities in their time of need, I see no sign that HMG are going to pour support loans into impacted business entities.
Under No Deal, in 47 days (far less working days unless the business entities work the weekends), the change happen and deals in the future are really not much use to those business entities who go out of business in the interim.
The SME sector I do know ,having spent my entire working life supporting them, viewing the sorts of balance sheets they typically have I also have a fair idea how short an interval of grace some will have before they are in really serious trouble; in a lot of cases not very long, a month, two, three, it will vary.
If you want an investment tip for No Deal Brexit, find out which quoted companies offer insolvency/restructuring services as they may well be the growth industry post No Deal Brexit.
Last edited by DJKL; 1 week ago