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Post by funkymonkey on Dec 9, 2018 20:16:37 GMT
£18 put in to tranche a and £72 in tranche b today....will it fill this year?
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Post by Badly Drawn Stickman on Dec 9, 2018 22:24:23 GMT
£18 put in to tranche a and £72 in tranche b today....will it fill this year? Probably quite a few factors at play, the time of year being one, some people will be wanting extra money for Christmas so may be withdrawing interest payments rather than looking to reinvest (additionally interest payments are a bit thin on the ground with non performing loans) On the other hand probably not going to be many new loans this year, so if any repayments are forthcoming it might seem as good a place as any to put it in a quiet spell. On the other, other hand maybe nobody wants to invest in the loan. Yet another other hand (I am obviously assuming we have octopus investors) the borrower may lose hope in it filling and decide to cut their losses and pull it. So it would seem I have no idea, and doubt anybody else does either.
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elliotn
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Post by elliotn on Dec 10, 2018 1:43:53 GMT
£18 put in to tranche a and £72 in tranche b today....will it fill this year? Probably quite a few factors at play, the time of year being one, some people will be wanting extra money for Christmas so may be withdrawing interest payments rather than looking to reinvest (additionally interest payments are a bit thin on the ground with non performing loans) On the other hand probably not going to be many new loans this year, so if any repayments are forthcoming it might seem as good a place as any to put it in a quiet spell. On the other, other hand maybe nobody wants to invest in the loan. Yet another other hand (I am obviously assuming we have octopus investors) the borrower may lose hope in it filling and decide to cut their losses and pull it. So it would seem I have no idea, and doubt anybody else does either. Quite the octopus choice (whose parent has tentacles in many, some might say, safer Xmas pies).
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Post by Proptechfish on Dec 14, 2018 16:58:03 GMT
It's been a month and still £390k short, looks like the the new split strategy has fallen short
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SteveT
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Post by SteveT on Dec 18, 2018 10:50:24 GMT
It's been a month and still £390k short, looks like the the new split strategy has fallen short With £1.56m expected to be repaid tomorrow from Lancs, perhaps it's a little early to make that call
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Post by Proptechfish on Dec 18, 2018 14:57:39 GMT
There was big repayment last time around and the effect was negligible on this offering, we shall see through
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pickles
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Post by pickles on Dec 18, 2018 18:20:19 GMT
Someone just put 15K into the 16% loan. It will probably be all gone by the morning. Not sure about tranche A though.
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boundah
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Post by boundah on Dec 18, 2018 18:40:34 GMT
Tranche B nearly all gone, but 28% of A still left. Is there any reason why MT can't move some of A to B if there's demand?
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Post by Badly Drawn Stickman on Dec 18, 2018 19:19:13 GMT
Tranche B nearly all gone, but 28% of A still left. Is there any reason why MT can't move some of A to B if there's demand? I suppose the rate might be a minor snag, due the risk reduction. Maybe an A- band would be an option. Or just stick an extra 1% on all of A
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Post by swissbankers on Dec 19, 2018 17:42:18 GMT
Someones feeling lucky, they just put 100k in
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sj
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Post by sj on Dec 19, 2018 18:12:47 GMT
I'm looking forward to the stampede to list it all on the SM the microsecond after the cashback is paid!
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marka
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Post by marka on Dec 19, 2018 19:00:36 GMT
Someones feeling lucky, they just put 100k in That might make some of those in tranche B nervous if they were hoping tranche A wouldn't fill.
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pickles
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Post by pickles on Dec 29, 2018 18:56:53 GMT
So, with less than 10% left, there's still no shortage of people putting their money into this one. However, with all the £1's and £6's it's going to take about a year to fill. Perhaps if there were a hard(-ish) deadline that might encourage those who are in it for the cashback to make sure it fills. Followed by this: I'm looking forward to the stampede to list it all on the SM the microsecond after the cashback is paid!
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Post by Badly Drawn Stickman on Dec 31, 2018 19:25:12 GMT
I'm too lazy to do the maths accurately but with accrued interest to date and cashback on both loans there must be something like 2.5% in the system. Maybe its time for Moneything to have a look outside the box and offer some sort of deal, maybe a 1% bonus on the amount that investors are willing to consolidate into investment. If enough commitment can be gained a finish line might finally appear.
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zendog
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Post by zendog on Jan 3, 2019 20:21:25 GMT
Gone!
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