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	<title>Commercial Banking &#38; Mortgage Services &#187; News &amp; Comment</title>
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	<description>Specialists in Commercial Finance</description>
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		<title>Luck of the Draw!</title>
		<link>http://www.commercialfinancewales.co.uk/2010/02/08/luck-of-the-draw/</link>
		<comments>http://www.commercialfinancewales.co.uk/2010/02/08/luck-of-the-draw/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 10:27:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News & Comment]]></category>
		<category><![CDATA[cards]]></category>
		<category><![CDATA[luck]]></category>
		<category><![CDATA[owen]]></category>

		<guid isPermaLink="false">http://www.commercialfinancewales.co.uk/?p=104</guid>
		<description><![CDATA[Four card-playing friends including Owen Williams were amazed after picking up identical straight run hands in a bizarre 61 billion-to-one fluke.
Each player found he had a run of cards from an ace through to the 10, completed by a jack, queen and king flourish.


The freak outcome happened last week as Owen Williams, Meirion Hopkins, Ieuan [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><strong>Four card-playing friends including Owen Williams were amazed after picking up identical straight run hands in a bizarre 61 billion-to-one fluke.</strong></p>
<p style="text-align: justify;">Each player found he had a run of cards from an ace through to the 10, completed by a jack, queen and king flourish.</p>
<div style="text-align: justify;">
<div class="wp-caption alignnone" style="width: 478px"><img src="http://i.dailymail.co.uk/i/pix/2010/01/20/article-1244770-07EFB910000005DC-152_468x286.jpg" alt="bilion to one card game" width="468" height="286" /><p class="wp-caption-text">Ieuan Griffiths, Meirion Hopkins, Mike Harwood and Owen Williams found they had matching 13-card runs while playing Crash at the at Brynamman Industrial Club, South Wales</p></div>
</div>
<p style="text-align: justify;">The freak outcome happened last week as Owen Williams, Meirion Hopkins, Ieuan Griffiths and Mike Harwood sat down to play at Brynamman Industrial Club near Ammanford, South Wales.</p>
<p style="text-align: justify;">They were so intrigued by their fortune that they called Cardiff School of Mathematics to find out what the odds on their incredible hands were.</p>
<p style="text-align: justify;">Lecturer Rhyd Lewis astonished them further by calculating the odds at 61,204,166,001 to one.</p>
<p style="text-align: justify;">&#8216;I was just amazed when I sorted my cards and I realised what I had,&#8217; said Mr Williams, 63, a <a href="http://www.commercialfinancewales.co.uk">commercial finance broker</a>.</p>
<p style="text-align: justify;">&#8216;It was the first deal of the evening and I was the first one to finish sorting my cards.</p>
<p style="text-align: justify;">&#8216;A run through takes the kitty &#8211; so I thought I&#8217;d won £1.65.&#8217;</p>
<p style="text-align: justify;">But as the other players sorted their own hands, each found he had an identical mixed suit run.</p>
<p style="text-align: justify;">The friends were so amazed at the outcome they called over other club members to witness the four hands.</p>
<p style="text-align: justify;">Mr Owen insisted the group had been playing with a &#8216;well-used pack of cards which were cut and shuffled in the normal way&#8217;, before being dealt.</p>
<p style="text-align: justify;">He added: &#8216;If you wanted to get this outcome on purpose I would have thought that it would be impossible.&#8217;</p>
<p style="text-align: justify;">Mr Lewis said: &#8216;The probability of this occurring in a single deal is 0.000000000016339. In other words the odds are around 1 in 61,204,166,001.</p>
<p style="text-align: justify;">&#8216;Given that the odds of winning the lottery are around 1 in 16 million, this demonstrates that it is a very unlikely event.&#8217;</p>
<p style="text-align: justify;">Despite the unlikely outcome, he calculates that an identical deal should happen somewhere in the world about once every year.</p>
<p style="text-align: justify;">The calculation is based on the estimate of 10 million people playing cards around the world every day, with each game requiring 10 deals.</p>
<p style="text-align: justify;">That means 36,500,000,000 deals take place each year.</p>
<div id="TixyyLink" style="text-align: justify;">Source: the <a title="Luck of the draw" href="http://www.dailymail.co.uk/news/article-1244770/Four-card-players-beat-odds-61-BILLION-TO-ONE-dealt-identical-straights.html#ixzz0ewFiKVzA" target="_blank">Daily Mail</a></div>
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		<title>MARKET UPDATE</title>
		<link>http://www.commercialfinancewales.co.uk/2010/02/01/market-update/</link>
		<comments>http://www.commercialfinancewales.co.uk/2010/02/01/market-update/#comments</comments>
		<pubDate>Mon, 01 Feb 2010 10:31:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News & Comment]]></category>
		<category><![CDATA[commercial finance]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://www.commercialfinancewales.co.uk/?p=93</guid>
		<description><![CDATA[WHATS HAPPENING IN THE COMMERCIAL MORTAGE MARKET
We are now advised that the recession is officially over and in December 09, valuation instructions showed a 100% increase on December 08, confirming that the property market is moving forward.
With interest rates remaining low and realistic asking prices, it is a very good time to purchase commercial property [...]]]></description>
			<content:encoded><![CDATA[<p>WHATS HAPPENING IN THE COMMERCIAL MORTAGE MARKET</p>
<p style="text-align: justify;">We are now advised that the recession is officially over and in December 09, valuation instructions showed a 100% increase on December 08, confirming that the property market is moving forward.</p>
<p style="text-align: justify;">With interest rates remaining low and realistic asking prices, it is a very good time to purchase commercial property for own use or for investment purposes.</p>
<p style="text-align: justify;">There are some new lenders in the market and some of the existing lenders are now showing a willingness to lend, which is always subject to the applicants ability to service the loan.</p>
<p>Owen Williams, Proprietor.</p>
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		<title>LOOKING FOR COMMERCIAL FINANCE?</title>
		<link>http://www.commercialfinancewales.co.uk/2009/03/28/welcome/</link>
		<comments>http://www.commercialfinancewales.co.uk/2009/03/28/welcome/#comments</comments>
		<pubDate>Sat, 28 Mar 2009 11:31:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News & Comment]]></category>

		<guid isPermaLink="false">http://www.commercialfinancewales.co.uk/?p=53</guid>
		<description><![CDATA[YOU&#8217;RE IN THE RIGHT PLACE!
CBMS provides financial solutions that include commercial mortgages for all types of property, buy-to-let mortgages, hire purchase &#38; leasing, factoring &#38; invoice discounting, bridging, development finance and business banking. 
CBMS provide a FREE initial assessment.
To obtain your FREE quotation:
EITHER:  Download (pdf) and return the Fast Track Proposal Form.

OR: Complete our online [...]]]></description>
			<content:encoded><![CDATA[<h1 style="text-align: center;"><span style="color: #ff0000;"><strong>YOU&#8217;RE IN THE RIGHT PLACE!</strong></span></h1>
<p style="text-align: justify;"><strong>CBMS provides financial solutions that include commercial mortgages for all types of property, buy-to-let mortgages, hire purchase &amp; leasing, factoring &amp; invoice discounting, bridging, development finance and business banking. </strong></p>
<h2 style="text-align: center;">CBMS provide a FREE initial assessment.</h2>
<p style="text-align: justify;">To obtain your <span style="color: #ff0000;"><strong>FREE</strong></span> quotation:</p>
<p style="text-align: justify;">EITHER:  Download (pdf) and return the <a title="Fast Track Proposal" href="http://www.commercialfinancewales.co.uk/fastrack.pdf" target="_blank">Fast Track Proposal Form.<br />
</a></p>
<p style="text-align: justify;">OR: Complete our online eForm &#8230; <a title="FastTrack" href="http://www.commercialfinancewales.co.uk/enquiries/">HERE</a></p>
<p style="text-align: justify;">Only when we are satisfied that we can provide a solution, will a modest administration fee be levied. We will also then agree a success fee with the client in writing. This fee is calculated upon the facility secured and is only payable on our provision of a formal offer from a lender.</p>
<p style="text-align: justify;">Due to our &#8216;NACFB&#8217; connection, CBMS normally enjoy preferential rates and terms from Lenders and our clients will often benefit from a reduction in their overall costs.</p>
<p align="left">If a funding solution is required in the sectors below, we can probably help you so <strong>ACT NOW</strong> and :<br />
Contact us today on <strong>Tel: 01269 822709 | Mob:07967 186851<br />
</strong></p>
<table border="0" cellspacing="0" cellpadding="5" width="400" align="center" bgcolor="#eaffea">
<tbody>
<tr>
<td width="200">
<div>Agricultural Properties</div>
</td>
<td width="200">
<div>Investment Properties<br />
(Commercial and Residential)</div>
</td>
</tr>
<tr>
<td width="200">
<div>Business Start-ups</div>
</td>
<td width="200">
<div>Offices</div>
</td>
</tr>
<tr>
<td width="200">
<div>Buy-to-Let</div>
</td>
<td width="200">
<div>Post Offices</div>
</td>
</tr>
<tr>
<td width="200">
<div>Development<br />
(Commercial and Residential)</div>
</td>
<td width="200">
<div>Professional Practices</div>
</td>
</tr>
<tr>
<td width="200">
<div>Fast Food Outlets and Takeaways</div>
</td>
<td width="200">
<div>Public Houses</div>
</td>
</tr>
<tr>
<td width="200">
<div>Garages and Petrol Stations</div>
</td>
<td width="200">
<div>Residential Care Homes and Nursing Homes</div>
</td>
</tr>
<tr>
<td width="200">
<div>Hotels and Guest Houses</div>
</td>
<td width="200">
<div>Restaurants</div>
</td>
</tr>
<tr>
<td width="200" height="14">
<div>Industrial/Warehouse Units</div>
</td>
<td width="200">
<div>Shops</div>
</td>
</tr>
</tbody>
</table>
]]></content:encoded>
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