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    Key Post Investment in Irish Forestry Funds

    I followed up again today to ask for more information on the likely return to shareholders. I was told under no circumstances would the Directors provide this or even an estimate. I find this unacceptable. While our shareholder status is non-voting, that does not excuse the Directors of their...
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    Key Post Investment in Irish Forestry Funds

    It'll be interesting to see the compounded annual return achieved. I suspect it will be far far less than the prospectus and wouldn't surprise me if it is a max 3-3.5% p.a.
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    Key Post Investment in Irish Forestry Funds

    "The directors have today advised that material progress has been made and that they expect to have an update issued to shareholders within 1-2 weeks......"
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    Got My PTSB Offer!

    Hmmm, from quick review of their compensation calculation it looks like they have assumed your tracker rate should be 3.25% above ECB and compared that versus what you actually were charged. The interesting thing is back in 2009 the ECB rate + 3.25% was above the SVR rate and thus they are...
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    PTSB PTSB - on expiry of fixed rate, tracker rate not specified

    I brought a case against PTSB back in 2013/2014 on this topic. On drawdown of my loan I fixed for 2 years with the condition that on expiry of the term I would be offered the then PTSB tracker rate. The margin on expiry they offered was 3.25%. Long story short, the FSO found against me and in...
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    Key Post The Mortgage System in Denmark

    Interesting, I think the Danish model has more plus points than downsides and is certainly far more advanced than ours. Anything which restricts credit growth (equity = skin in the game) & allows borrowers (be they homeowners or investors) to have certainty over their long term expenditure...
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    Tracker rate offered too high, took SVR instead. Complaint with Ombudsman

    Had a similar situation. When we took out the loan we agreed to a 2 year fixed that would revert to the then "tracker rate" offered by PTSB. By the end of the term PTSB had pulled tracker offerings but to comply with our condition offered ECB + 3.25%. I took a complaint to the ombudsman on...
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    Key Post Investment in Irish Forestry Funds

    First time poster. I've been in communication with these guys now for over a year looking for regular updates and it is like pulling teeth. I have a number of concerns: 1. The due diligence process is outlandishly long. It has been explained to me that this is because the fund managers are...
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