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Post by Badly Drawn Stickman on Aug 9, 2019 12:34:21 GMT
Well that is very different.
Not sure I am seeing much in the way of asset.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,742 
Likes: 3,137
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Post by jonno on Aug 9, 2019 12:45:59 GMT
Looking at their financials "to date" am I the only one who feels their projections a "tad optimistic"?
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Post by Badly Drawn Stickman on Aug 9, 2019 12:55:39 GMT
Looking at their financials "to date" am I the only one who feels their projections a "tad optimistic"? Maybe, but I have a feeling £370K plus some instant returns could set it off like a rocket.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,742
Likes: 3,137
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Post by jonno on Aug 9, 2019 13:02:28 GMT
Looking at their financials "to date" am I the only one who feels their projections a "tad optimistic"? Maybe, but I have a feeling £370K plus some instant returns could set it off like a rocket. You don't think it might bomb?
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withnell
Member of DD Central
Posts: 550
Likes: 491
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Post by withnell on Aug 9, 2019 13:03:31 GMT
68% gone in 2 mins
Edit: Whole lot gone in just shy of 8 minutes
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mrflush
Member of DD Central
This is not me
Posts: 98
Likes: 40
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Post by mrflush on Aug 9, 2019 13:07:40 GMT
Gone at 14:07
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IFISAcava
Member of DD Central
Posts: 3,664
Likes: 2,988
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Post by IFISAcava on Aug 9, 2019 13:08:48 GMT
Ah, just like the good old days
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r1200gs
Member of DD Central
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Likes: 1,883
Member is Online
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Post by r1200gs on Aug 9, 2019 13:11:35 GMT
I grabbed a bit, just hope it doesn't blow up in my face.  |
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Aug 9, 2019 13:18:02 GMT
I grabbed a bit, just hope it doesn't blow up in my face. I reckon the fuse will last at least six months. Nice to see something new and different - though the identities of the major shareholders are unknown.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,831
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Post by ilmoro on Aug 9, 2019 13:19:04 GMT
No mention of ablrate being noted on the insurance on the mobile thingy.
The company name sounds like something from Loony Tunes
Th***** Shock I*****d De****tors sounds like a trendy craft beer or a heavy metal band.
Edit if you google the company name & a well known crowdfunding platform the raise details are viewable (obviously very OOD)
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blender
Member of DD Central
Posts: 5,719
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Post by blender on Aug 9, 2019 13:22:47 GMT
Thunderbird 6 would be better
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boundah
Member of DD Central
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Post by boundah on Aug 9, 2019 14:17:39 GMT
Missed it. At least I didn't shell out on a dud.
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Post by GSV3MIaC on Aug 9, 2019 16:53:44 GMT
ablrate regardless of the merits of the loan I am p1$$ed off that, once again, you couldn't be bothered to set any bid limits such that I (and dozens of others) might have got a small nibble. Please fix it, or my ISA is headed elsewhere. You knew that a previous loan was cancelled, so there was oodles of funds looking for a home, and you let a few people scoop the lot, to resell at a premium to those of us who have a life.
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des
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Post by des on Aug 9, 2019 17:27:50 GMT
ablrate regardless of the merits of the loan I am p1$$ed off that, once again, you couldn't be bothered to set any bid limits such that I (and dozens of others) might have got a small nibble. Please fix it, or my ISA is headed elsewhere. You knew that a previous loan was cancelled, so there was oodles of funds looking for a home, and you let a few people scoop the lot, to resell at a premium to those of us who have a life. if you implement maximum bid limits on loans I'll be forced to move my families large accounts elsewhere. Feel free to implement minimum bid limits  fwiw, I didn't get any of this loan as I was busy reading the docs.
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mason
Member of DD Central
Posts: 662
Likes: 640
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Post by mason on Aug 9, 2019 17:49:38 GMT
Clearly the rate was too high.
Why not make the primary market more like the secondary market, allow people to place bids with an optional premium over a (say) 24 hour period, then match the borrower's loan to the most competitive bidders.
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