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Post by oldnick on Aug 10, 2016 20:51:56 GMT
Level flight or a dive?
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Post by ablrateandy on Aug 10, 2016 21:12:21 GMT
If they are in a dive, there's a problem!
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Post by ablrateandy on Aug 10, 2016 21:13:49 GMT
Oh and sorry to be flippant - we are still working hard on this and should update the info on this loan early next week.
If I didn't have the chance to give a wry smile I'd cry.
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blender
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Post by blender on Aug 10, 2016 23:00:09 GMT
If anybody knows the flight speed of an unladen Chinese shipping container, please PM me. The Chinese red tandem does about 300 knots. Or have I picked up the 532 image in error?
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nick
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Post by nick on Aug 11, 2016 20:53:54 GMT
At some point shortly yes. As you can imagine at the moment though it is in a queue of container-related jobs! Andy - any clearer idea on the timing of when the B******* loan will be allowed to trade on the SM?
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stevio
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Post by stevio on Aug 16, 2016 8:01:51 GMT
ablrate ablrateandy any update on the 'Next Installment Date' being stuck on the Dashboard for this loan
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ptr120
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Post by ptr120 on Aug 17, 2016 13:53:06 GMT
Oh and sorry to be flippant - we are still working hard on this and should update the info on this loan early next week. If I didn't have the chance to give a wry smile I'd cry. Hi ablrate ablrateandy it is now middle of the following week and you'd previously indicated we could expect another update in the early part of this week. Can you do anything to manage our expectations?
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ptr120
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Post by ptr120 on Aug 18, 2016 16:48:04 GMT
I've just received a monthly interest payment for the January container loan. It is interesting that the borrower continues to services this loan but has defaulted on the December version of the same loan. I wonder if it is because Ablrate still hold the title to this batch of containers, rather than just a charge?
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pom
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Post by pom on Aug 18, 2016 16:52:51 GMT
I think you'll find it's because Ablrate are paying it... like they did last month
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ptr120
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Post by ptr120 on Aug 18, 2016 17:25:09 GMT
I think you'll find it's because Ablrate are paying it... like they did last month I must have missed that. Did they confirm that they paid it or say why / how?
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TitoPuente
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Post by TitoPuente on Aug 19, 2016 7:18:38 GMT
It would be appropriate and professional to provide an update today. It is urgent to understand where is the asset. Edit: I stand by my deleted last sentence but choose to err on the cautious side at this point.
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hazellend
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Post by hazellend on Aug 19, 2016 7:38:28 GMT
Hi titopuente. First two sentences quite right and useful. Third sentence could be most unhelpful at this stage. Hi blender, can you explain that please?
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james
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Post by james on Aug 19, 2016 17:33:51 GMT
An email update has been sent I think to all customers on this. If it hasn't arrived in an hour or so you might want to contact Ablrate so they can investigate what's happening in your specific situation. No point in doing it before say 7:30PM as that's in the normal range for mail processing delays. Nothing very dramatic, lots of waits built into the legal system and its processes.
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TitoPuente
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Post by TitoPuente on Aug 19, 2016 20:15:27 GMT
Yes, but the message is mute in regards of the whereabouts of the assets.
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Post by ablrateandy on Aug 19, 2016 22:16:00 GMT
The container loan is still subject to proceedings. We are doing our best to balance everything and we will keep lenders updated as and when we can.
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