RE: You are not watching the ball chaps..9 Mar 2026 05:59
Talking of stupid, two green boxes appear! This findog character...check out his early posts...then fast forward.. Total liar. either that or really stupid. 6 years of evidence to digest and he buys in for a punt. Stupid punt.
FromPPE
""Tell me how your due diligence is producing more positives than my due diligence in 2020? "
Fair question.
The difference compared with 2020 is that several structural things have changed.
Back then investors were paying a far higher valuation for what was largely a concept. The inventory monetisation model, funding structures and legal framework were still largely theoretical.
Since then Italy has actually introduced legislation designed to support this type of financing. The “pegno non possessorio” (non-possessory pledge) regulation came fully into force in 2023 and allows companies to pledge inventory as collateral without handing possession to the lender, meaning the goods can still be used in production — similar to a floating charge in UK law.
That change materially improves the enforceability of inventory-backed financing and gives banks and funders a clearer legal structure for lending against stock.
More recently, further changes to Italy’s securitisation framework under Law 130 have expanded the ability to securitise inventory and other movable assets, allowing companies to unlock working capital by financing or selling stock through structured vehicles.
On top of that, the macro backdrop is very different from 2020. The war in Ukraine, rising tensions involving Iran and a broader re-armament cycle have pushed governments to prioritise defence production and supply-chain resilience.
That environment increases the relevance of working-capital and inventory financing solutions.
So the risk obviously hasn’t disappeared. But the valuation, the legal framework, and the geopolitical environment are all very different from 2020, which is why some investors see the risk/reward differently today."