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Ann: Silver Chef - 31 Dec 2017 Investor Presentation 1H18, page-16

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  1. 33 Posts.
    Business may be profitable until you take into account some large scale frauds that have burnt them.
    I sell against these guys for a different finance company and have been amazed for years at the pond scum customers that they would happily fund. What's scary is that GoGetta is simply Silverchef for non-hospitality customers. Without having spent one second looking at their financials, I'd postulate that the only thing keeping Silverchef alive is the ability to sell second hand re-possessed goods. But at some point they're going to run out of warehouse space...
    Last edited by Folding: 26/02/18
 
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