cwah
Member of DD Central
Posts: 949
Likes: 468
|
Post by cwah on Jun 2, 2019 9:43:06 GMT
They must have been reading this. Transfer went through. I took a large chunk of Liverpool, I have confidence in the loan being repaid and got a large discount. Sentiment in P2P is rock bottom at the moment. Hopefully MT will provide some reassurance as to the stability of the platform Why u got confidence on this?
|
|
|
Post by Badly Drawn Stickman on Jun 2, 2019 9:54:13 GMT
They must have been reading this. Transfer went through. I took a large chunk of Liverpool, I have confidence in the loan being repaid and got a large discount. Sentiment in P2P is rock bottom at the moment. Hopefully MT will provide some reassurance as to the stability of the platform Why u got confidence on this? Obviously winning the European cup has made Liverpool a far more attractive proposition all round. Maybe they know something, £5255 from memory so certainly money where mouth is.
|
|
hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
|
Post by hazellend on Jun 2, 2019 11:00:40 GMT
Why u got confidence on this? Obviously winning the European cup has made Liverpool a far more attractive proposition all round. Maybe they know something, £5255 from memory so certainly money where mouth is. Just a gut feeling. No inside knowledge.
|
|
coop
Member of DD Central
Posts: 714
Likes: 571
|
Post by coop on Jun 4, 2019 14:59:09 GMT
Definitely sensing a bit of a crisis in confidence at the moment - the Scotland loans have all gone from 97/98% right down to 92/93%?
Doesn't seem to have been anything to have triggered this other than nerves!
Edit: Pinch of salt and all that but this was updated on 1/5/19 and slated to finish early June - wouldn't you be sore to sell at a 7% loss only for it to complete a few days later? Giving up all the interest you earned in the last 7 months...
|
|
|
Post by eascogo on Jun 4, 2019 16:09:14 GMT
Definitely sensing a bit of a crisis in confidence at the moment - the Scotland loans have all gone from 97/98% right down to 92/93%? Doesn't seem to have been anything to have triggered this other than nerves! Edit: Pinch of salt and all that but this was updated on 1/5/19 and slated to finish early June - wouldn't you be sore to sell at a 7% loss only for it to complete a few days later? Giving up all the interest you earned in the last 7 months... Yes I would be sore but many prefer to run for safety. I bought of fair whack in the last few days at around 98% discount but now feel hurt to have missed the 93% discount. With P2P there is no escape from pain!
|
|
|
Post by westcountry on Jun 4, 2019 16:51:33 GMT
Definitely sensing a bit of a crisis in confidence at the moment - the Scotland loans have all gone from 97/98% right down to 92/93%? Doesn't seem to have been anything to have triggered this other than nerves! Edit: Pinch of salt and all that but this was updated on 1/5/19 and slated to finish early June - wouldn't you be sore to sell at a 7% loss only for it to complete a few days later? Giving up all the interest you earned in the last 7 months... I think it's probably to do with the Scotland holiday park loans having had previous updates promising repayment which never materialised - eg the 5th March 19 update expected the loan to be repaid by the end of March, the 17th Dec 18 update reported the borrower expected to repay the loan by the end of Jan 19, 28th Sept 18 update expected repayment of loan in Nov 18 etc. Judging from past performance, I would be very surprised if the early June 19 repayment date is met!
|
|
|
Post by Badly Drawn Stickman on Jun 4, 2019 18:18:27 GMT
Definitely sensing a bit of a crisis in confidence at the moment - the Scotland loans have all gone from 97/98% right down to 92/93%? Doesn't seem to have been anything to have triggered this other than nerves! Edit: Pinch of salt and all that but this was updated on 1/5/19 and slated to finish early June - wouldn't you be sore to sell at a 7% loss only for it to complete a few days later? Giving up all the interest you earned in the last 7 months... I think it's probably to do with the Scotland holiday park loans having had previous updates promising repayment which never materialised - eg the 5th March 19 update expected the loan to be repaid by the end of March, the 17th Dec 18 update reported the borrower expected to repay the loan by the end of Jan 19, 28th Sept 18 update expected repayment of loan in Nov 18 etc. Judging from past performance, I would be very surprised if the early June 19 repayment date is met! I am very interested to see what happens with this one, given that it is using a 'new' type of exit door. MT presumably have confidence in it working given there seems to no longer be a plan B for exit or interest payments. I am comfortable holding mine for sale at par, a little to early for panic selling in my case. Worth bearing in mind it is a large loan and the amount heavily discounted only reflects a small percentage. One 'brave' investor could move the market very quickly.
|
|
|
Post by eascogo on Jun 30, 2019 21:29:36 GMT
A fair few ks of Grouped Assets Pawn Loan available at par right now (not mine)
|
|
pi
Member of DD Central
Posts: 57
Likes: 28
|
Post by pi on Jul 1, 2019 9:37:02 GMT
Sunday Time Article might have spooked a few pple.
|
|
|
Post by mrclondon on Oct 23, 2019 16:05:13 GMT
Various loans on the SM this afternoon at discounts greater than the loan fundamentals probably warrant.
An inevitable reaction to today's demise of FS.
|
|
boundah
Member of DD Central
Posts: 367
Likes: 430
|
Post by boundah on Oct 23, 2019 16:35:58 GMT
Various loans on the SM this afternoon at discounts greater than the loan fundamentals probably warrant.
An inevitable reaction to today's demise of FS.
Just topped up my Pawn collection
|
|
|
Post by df on Oct 23, 2019 16:38:53 GMT
Various loans on the SM this afternoon at discounts greater than the loan fundamentals probably warrant.
An inevitable reaction to today's demise of FS.
I've also looked at Ablrate, couldn't notice any significant changes on SM there.
|
|
|
Post by Badly Drawn Stickman on Oct 23, 2019 18:00:00 GMT
Various loans on the SM this afternoon at discounts greater than the loan fundamentals probably warrant.
An inevitable reaction to today's demise of FS.
Just topped up my Pawn collection Only the foolish or the brave on a day when a platform fails. Seems that MoneyThing have stopped checking deposits, guess its not a regular event these days. I think of myself as foolishly brave.
|
|
upperdeane
Member of DD Central
Posts: 493
Likes: 245
|
Post by upperdeane on Oct 25, 2019 11:10:52 GMT
Various loans on the SM this afternoon at discounts greater than the loan fundamentals probably warrant.
An inevitable reaction to today's demise of FS.
Even more showing this morning. Some much larger than usual discounts being offered if you fancy a punt.
|
|
corto
Member of DD Central
one-syllabistic
Posts: 851
Likes: 356
|
Post by corto on Oct 25, 2019 11:41:34 GMT
Quite a bit of the discounted loans actually get gobbled up quickly. Still a good amount of trust in the system.
|
|