victors
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Post by victors on Sept 29, 2018 13:42:17 GMT
At what level will these connected loans begin to be bought again. Will they go under 90%?
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elliotn
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Post by elliotn on Sept 29, 2018 13:47:39 GMT
At what level will these connected loans begin to be bought again. Will they go under 90%? No loans on abl are connected as subsidiaries of BNG, the list is available on its group accounts. Edit - there is a bit of a ‘typo’ where startermode is joined to the previous entry, BNL is PSC.
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macq
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Post by macq on Sept 29, 2018 22:01:41 GMT
If memory serves i think the next loan up is the plane being dismantled after the extra 9 months given so hopefully it has worked out - if not i know an estate where they can do it over night
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Balder
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Post by Balder on Sept 30, 2018 9:32:58 GMT
If memory serves i think the next loan up is the plane being dismantled after the extra 9 months given so hopefully it has worked out - if not i know an estate where they can do it over night Need a lot of bricks!
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Post by Badly Drawn Stickman on Oct 1, 2018 21:50:29 GMT
I think this is the first time since I have been tinkering with Ablrate that it is a clear buyers secondary market. I even find myself holding a pretty good hand not being exposed to anything 'suspect', in fact apart from some slightly discharged batteries and a very slowly filling loan I currently hold nothing. (Or I may be bluffing and keen to sell)
I don't think it's a big crisis, unless one domino gets knocked over, but does make the lack of diversity problem that we have all been conscious of (and the reason I am holding so little - or is he?) a genuine problem. Think I might just sit and observe for a while (or am I just being crafty).
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blender
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Post by blender on Oct 1, 2018 22:02:57 GMT
That Village Idiot is a tricksy one and no mistake. He can mess with your head. Try not to look in his eyes.
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Post by Badly Drawn Stickman on Oct 1, 2018 22:20:33 GMT
That Village Idiot is a tricksy one and no mistake. He can mess with your head. Try not to look in his eyes. Clearly we are in interesting times on Ablrate, why even nw99 nearly completed a whole sentence on one post. Would you like to see my pocket watch? Its getting late you must be feeling sleepy.
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nw99
Posts: 340
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Post by nw99 on Oct 2, 2018 9:18:30 GMT
That Village Idiot is a tricksy one and no mistake. He can mess with your head. Try not to look in his eyes. Clearly we are in interesting times on Ablrate, why even nw99 nearly completed a whole sentence on one post. Would you like to see my pocket watch? Its getting late you must be feeling sleepy. What’s wrong with my one liners ?
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Post by Badly Drawn Stickman on Oct 2, 2018 9:34:50 GMT
Clearly we are in interesting times on Ablrate, why even nw99 nearly completed a whole sentence on one post. Would you like to see my pocket watch? Its getting late you must be feeling sleepy. What’s wrong with my one liners ? I can offer multiple choice (well two) replies. a) nothing, all good b Absolutely nothing, I would suggest they are an intrinsic part of the 'Ablrate Experience' and the World would be a sadder place if they were absent.
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blender
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Post by blender on Oct 2, 2018 9:51:37 GMT
Clearly we are in interesting times on Ablrate, why even nw99 nearly completed a whole sentence on one post. Would you like to see my pocket watch? Its getting late you must be feeling sleepy. What’s wrong with my one liners ? I said you should avoid looking in his eyes. Don't be fooled by the blinking. Now you are starting to doubt everything.
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Post by elephantrosie on Oct 27, 2018 5:03:55 GMT
Many discounts on SM
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SteveT
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Post by SteveT on Oct 27, 2018 7:53:05 GMT
ablrate, why is there a lowest Bid limit of 75% in place on #1000067? The current "market" price is clearly below this (ie. lots of Offers listed, but just 1p Bid at the 75% limit). Thx.
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ceejay
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Post by ceejay on Oct 27, 2018 8:02:08 GMT
ablrate , why is there a lowest Bid limit of 75% in place on #1000067? The current "market" price is clearly below this (ie. lots of Offers listed, but just 1p Bid at the 75% limit). Thx. Not to mention all of the related loans, where offers have been deleted, and we have the comment "This is an amortising loan and a repayment is due. New offers and bids are unable to be placed until that repayment is made to holder's accounts. " Except of course that the repayment isn't coming so the market is completely frozen...
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SteveT
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Post by SteveT on Oct 27, 2018 8:58:54 GMT
I think that stems from difficulty in calculating the AER for amortising loans where capital repayment dates have moved / are unknown. ablrate, to overcome this issue and enable trading of non-performing amortising loans, how about simply replacing the displayed AER with a clear " N/A" and a note explaining that the AER cannot be calculated since the timing of capital (and interest) payments is not known. You have about the most sophisticated SM in the world of P2P, but it breaks down as soon as an amortising loan misses a repayment date.
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blender
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Post by blender on Oct 27, 2018 9:01:31 GMT
These are all self-declared non-performing loans. On a platform such as FC they would not be traded at all (even in olden times). There is no plan yet which provides for any future payments.
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