Any one heard of escalator capital?

[Lament]

Hi, i came across this site www.escalatorcapital.co.za, does any one know of them?, the site is not really that informative

Interest rates of 10% PA, thats good!!

[grim]

I used to work for a company that's in the same office park as them. They had 2 Ferrari's (458 and California) and a Maserati (MC Stradale) there the one day taking their clients for test drives.

Where do you see the 10%?

[Lament]

www.escalatorcapital.co.za/investments/

[supersunbird]

OK, the problem here is you're using interest rate in the same breath as dividend. It's actually income from sharesholding of a company/companies, not a return on cash.

My Satrix Divi has returned of 15% on the total amount I have punt over the past 14 months (thats dividend and shareprice growth) if I sold it.

Anyway, 10% (since its annual) dividend by 12 gives you 0.83% a month so that means R10 000 will give you R83 a month.

[marco]

Stay away. Not enough info on their website. Are they registered legally?

[phiber]

I used to work for a company that's in the same office park as them. They had 2 Ferrari's (458 and California) and a Maserati (MC Stradale) there the one day taking their clients for test drives.

Where do you see the 10%?

Sounds like those guys that run Ponzi's and Pyramids

[ld13]

rise from the dead ye shall

Looking into this at the moment. Could be a nice addition to a portfolio. Anyone got any comments to add?

[supersunbird]

rise from the dead ye shall

Looking into this at the moment. Could be a nice addition to a portfolio. Anyone got any comments to add?

I just read their site and prospectus again... what do you find appealing?

[ld13]

I just read their site and prospectus again... what do you find appealing?

Will work through their prospectus properly tonight just to try and check my facts and then respond.

[IridiuM]

Hi, i came across this site www.escalatorcapital.co.za, does any one know of them?, the site is not really that informative

Interest rates of 10% PA, thats good!!

They have offices on Lynnwood that look semi-decent. Never heard of them before until I saw their logo next to the road.

[^^vampire^^]

They definitely have "that" kind of feel to their website where everything winds up "disappearing".

[Jozsef Borbely]

You dont have to use complicated products to provide a deceit return. Have to agree with the previous post, what do you find appealing about it. Maybe we can provide alternatives that are more standard and safe.