F2F Class Notes (Tibo)

talk about price movement

we have a biweekly  finance catch up meeting to let our colleagues in the UK go through the inflows and outflows and what will happen for our business and what our cash position will be.

to let them to learn how many cash will inflow -> to let them know how much cash will come in.

they request us to provide them loan agreement and certain documents to support how much loan we can get.
the principle is there is 2 ways we can apply loan.
first is borrowing gap, another one is macro method.
Borrowing gap is the difference between the total investment minus registered capital
and macro method is total loan available amount = 2x total assets
We choose borrowing gap because we don’t have sufficient assets at this stage so maybe borrowing gap is more fit for us.

they cannot direct contact the local authorities.
They want direct information from them and it is hard for them to contact and it is hard to get all the information so the only way they can do is consult a lawyer but he is not work for the local firm but in the oversea firm and it is because they can understand each other.

With a local lawyer they have a language barrier and a cultural barrier so oversea lawyer give them information that we can implement max loan of 20m but the reality is as we didn’t receive full payment in capital so maybe 20m is impossible.

they requested us to provide them  with a loan agreement and certain documents to support how much loan we can get / to help them decide how much we can borrow / to assess the loan size

There are 2 ways we can apply for a loan.
We can use the borrowing gap method or the macro method.

If we use the borrowing gap method, our loan size equals the difference between the total investment minus the registered capital.
and if we use the macro method our total loan available amount = 2x total assets.

We chose borrowing gap because we don’t have sufficient assets at this stage so we believe that the borrowing gap is more fit for us. / suits us better.

they cannot contact the local authorities directly (adv)
They want direct information from them and it is hard for them to contact and it is hard to get all the information so the only way they found is to consult a lawyer but he does not work for a local firm but in an oversea firm and it is because they can understand each other.

With a local lawyer they have a language barrier and a cultural barrier so they decided against it and went with the oversea lawyer. He gave them information that we could get/receive a max loan of 20m but the reality is as we haven’t received full payment in capital maybe 20m is impossible. / since we haven’t received the full payment in capital the borrowing limit will be lower than what he told us

Grammar

money/cash is uncountable
He doesn’t have much money
We have too much cash

Vocabulary

to communicate (v)
I will communicate with the bank

communication (n)
We use emails for daily communication

summary (n)
I wrote a summary of the 2 methods

summarize (v)
I summarized it all in a table

straightforward (adj) direct / easy to understand
This table is quite straightforward

support (n) level which stops you from falling
We found support at USD250 and bounced

resistance (n)  level which stops you from going higher
It was rejected at the resistance level of USD400 and dropped 20% right after

Pronunciation

fierce

macro

micro

unstable