poppyland
Member of DD Central
Posts: 237
Likes: 243
|
Post by poppyland on May 23, 2018 17:01:48 GMT
Can anyone tell me why these loans are trading at such a discount at the moment? Are they due to repay soon or something?
|
|
victors
Member of DD Central
Posts: 157
Likes: 86
|
Post by victors on May 23, 2018 17:05:27 GMT
They just seem to be unpopular at the moment, even though an upbeat admin note was added earlier this month.
|
|
Balder
Member of DD Central
Posts: 641
Likes: 614
|
Post by Balder on May 23, 2018 17:25:39 GMT
Could be the company trading report?
|
|
IFISAcava
Member of DD Central
Posts: 3,665
Likes: 2,989
|
Post by IFISAcava on May 23, 2018 17:39:46 GMT
Could be the company trading report? Exactly that - sentiment changed when these were added (and of course them being relatively short dated, interest only loans now)
|
|
nw99
Posts: 340
Likes: 114
|
Post by nw99 on May 23, 2018 18:49:32 GMT
Hoovering them up below 95
|
|
mason
Member of DD Central
Posts: 662
Likes: 640
|
Post by mason on May 23, 2018 20:53:50 GMT
I didn't think it was news that the company had become heavily indebted, given the fact about half the debt is to Ablrate lenders.
|
|
|
Post by dan1 on May 23, 2018 21:32:21 GMT
I didn't think it was news that the company had become heavily indebted, given the fact about half the debt is to Ablrate lenders. Accounts to end of 2017 were released on 4 May but that still leaves the question why the offers have reduced to 99% at times and sellers have taken bids well below this over the last couple of days? What's changed?
|
|
hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
|
Post by hazellend on May 23, 2018 22:15:25 GMT
I didn't think it was news that the company had become heavily indebted, given the fact about half the debt is to Ablrate lenders. Accounts to end of 2017 were released on 4 May but that still leaves the question why the offers have reduced to 99% at times and sellers have taken bids well below this over the last couple of days? What's changed? Nothing has changed. ABLrate SM is not an “efficient market” like equities and bonds. It is mostly retail investors and I doubt anybody has inside info that would not be immediately known on this forum
|
|
nw99
Posts: 340
Likes: 114
|
Post by nw99 on May 24, 2018 12:35:08 GMT
Buy any dips
|
|
|
Post by oktaeder on Jun 29, 2018 12:36:39 GMT
Paused on 2nd marked now. Looking forward to information.
|
|
sj
Member of DD Central
Posts: 229
Likes: 330
|
Post by sj on Jun 29, 2018 12:53:41 GMT
Early repayment might happen - the borrower has requested redemption statements.
|
|
nw99
Posts: 340
Likes: 114
|
Post by nw99 on Jun 29, 2018 14:44:29 GMT
Look forward to getting 100 for mine
|
|
withnell
Member of DD Central
Posts: 550
Likes: 491
|
Post by withnell on Jul 16, 2018 12:05:59 GMT
Hi ablrate - Do you have any view of when funds are expected to redeem these loans? Otherwise will they be opened up for trading soon?
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Jul 16, 2018 17:33:51 GMT
Today, it seems. It's all happening.
|
|
toast
Member of DD Central
Posts: 158
Likes: 90
|
Post by toast on Jul 16, 2018 17:45:43 GMT
1000039 paid out interest on 13th July and has repaid capital in full today. I don't see an interest payment for the period July 13-16th. Is that correct?
|
|