mikes1531
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Post by mikes1531 on Jan 13, 2017 18:57:27 GMT
Even though it's, I guess, a maybe global market for Railwayana, I didn't realise it's hundreds of £1,000s borrowed, that's a lot of pieces. So Yes, I'd have thought market value attainment would suffer when word gets out there's a possible stream of this stuff about to flood in. I was an early investor but got out at the first renewals because of my "Lubin Experience." Searching the list of all FS loans for "rail" brings up £142k of active loans. Searching for "train" brings up £124k of active loans.
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ozboy
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Post by ozboy on Jan 13, 2017 19:14:47 GMT
Blimey, over a quarter of a mill of trainy thingy bits & pieces .............................
Ah, but I do recall some of them are "Hand Made"!!!
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ozboy
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Post by ozboy on Jan 13, 2017 19:18:05 GMT
Which reminds me, why call the Loans under different headings "Train/s", "Rail", "Railwayana", etc, etc.
No consistency, why not a bog standard Single Title so we can keep track?
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mikes1531
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Post by mikes1531 on Jan 13, 2017 19:43:19 GMT
Blimey, over a quarter of a mill of trainy thingy bits & pieces ............................. Ah, but I do recall some of them are "Hand Made"!!! Actually, it's more like half a million in terms of their 'value' -- the £266k is the amount that's been lent against that security. On a somewhat related subject, I see that the 1891972919 watch failed to sell at auction -- again. A third attempt will be made next week. I haven't a clue how far the bidding might have got to, so don't know whether we have a small problem or a big one.
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stub8535
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Post by stub8535 on Jan 13, 2017 20:02:10 GMT
Which reminds me, why call the Loans under different headings "Train/s", "Rail", "Railwayana", etc, etc. No consistency, why not a bog standard Single Title so we can keep track? Try using common snippet in your search. Strange rai brings em all up. Interesting impact the comments from conspiracy theorists have had on sm dicounts. Making hay. Keep em coming. I believe that fs may be trying to act in lenders best interests by communicating what is hapoening and it still isnt good enough for some.
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ozboy
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Post by ozboy on Jan 13, 2017 21:03:03 GMT
That's what I love about this site, far brighter peeps than me - that "rai" suggestion is brilliant stub8535, I'm sure it would have occurred and been known to most of you but I'm certainly grateful to now be availed.
And to be honest, there's no reason for all the trainy stuff to have different titles, it would even make in-house sense at FS I'd have thought to keep it tidy and have a Consistent Title - the same thing tends to happen reasonably often I've noticed with some other loans.
Why?
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stub8535
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Post by stub8535 on Jan 13, 2017 22:07:37 GMT
That's what I love about this site, far brighter peeps than me - that "rai" suggestion is brilliant stub8535, I'm sure it would have occurred and been known to most of you but I'm certainly grateful to now be availed. And to be honest, there's no reason for all the trainy stuff to have different titles, it would even make in-house sense at FS I'd have thought to keep it tidy and have a Consistent Title - the same thing tends to happen reasonably often I've noticed with some other loans. Why? I agree that consistent naming is logical but we are talking FS here! If they started to do it then someone would smell the manure amongst the flowering roses and call foul!
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mikes1531
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Post by mikes1531 on Jan 15, 2017 0:39:25 GMT
Friday's updates on the two overdue Powerboat loans (4945807152 and 5818112533) look positive... fundingsecure : Is it fair to presume that interest will continue to accrue for investors until the capital is repaid? Will the chunk of interest that's paid first be paid to investors as soon as FS receive it? Or will FS retain it and pay it out when the capital is repaid a month later -- along with the additional interest that will have accrued during that month?
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stub8535
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Post by stub8535 on Jan 15, 2017 16:44:27 GMT
I would not count on it Mikesq1531 based round previous performance. Interest was meant to have been paid on the land at Rixxxxn in September and is still not in accounts whilst the embarrassing saga goes on. Saw a comment on Astbxxxy property saying that FS are pressing for quick interest payment. Wonder where they are investing money that's rightfully investors in order to garner further profits? Sounds like something a bank may have done in the bad old days.
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hendragon
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Post by hendragon on Jan 16, 2017 9:05:49 GMT
I am starting to wonder about 2886191032 C******* E*******. It does seem that the underwiters are proving "difficult to get hold of".
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hendragon
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Post by hendragon on Jan 16, 2017 9:15:50 GMT
On a somewhat related subject, I see that the 1891972919 watch failed to sell at auction -- again. A third attempt will be made next week. I haven't a clue how far the bidding might have got to, so don't know whether we have a small problem or a big one. Just had a quick look through an auction portal and can't find the item for sale on the 17th
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ozboy
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Post by ozboy on Jan 16, 2017 9:50:24 GMT
I've just posted also under "Lancaster Hotel" which should be paid today, after what is becoming the usual rigmarole. Fingers crossed it's not another member of a very worrying queue ("Line" for our American friends .)
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09dolphin
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Post by 09dolphin on Jan 18, 2017 14:27:44 GMT
Talked to Daisy online today about the Lancashire Hotel loan. Specifically if all legals were complete as stated on 8th why was more work required later as stated in latest update. Was told that they had met unexpected problems. Daisy hoped I had a good day and closed the conversation when I suggested that believing legals were complete when they weren't suggested incompetence.
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ozboy
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Post by ozboy on Jan 18, 2017 14:42:59 GMT
I know FS monitor this site so they're very aware of Lender feelings, and have been for some time. Problem is, will they " Do an SS" ?
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stevio
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Post by stevio on Jan 21, 2017 15:24:30 GMT
Noticed FS Statistics ahs got 'Capital lost though defaults*' as £15,612 (0.04%) - just wondering loans these were?
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