“If I stop my so-called bulimic development, in five years I would have no debts…then what? That would be stupid because I would not have grown for five years”
“Some SMEs are facing credit stress. Pricing is going up while liquidity is going down, so there is a trade-finance gap. That’s what’s driving the macro picture on a short-term basis”
“Naively when we first met with investors, I didn’t take my engineer with me and I got tough questions on reporting, which I struggled to answer. I wasn’t sure what we could commit to in terms of details we could report back on”
“We have a strong appetite for financing developers, but at different levels than would have existed pre-crash”
“It’s like an atomic bomb – cut the wrong wire and… ”