daveb4
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Post by daveb4 on Jun 22, 2017 17:33:58 GMT
Surely tranche A is a good option to put a little cash in due to the site having to be very badly mismanaged from here on as even if sold out to another builder LTV would drop to say 50/60%? Obviously no guarantees on this but i have been adding a little to a small amount I had here. We will see if this is foolish.
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archie
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Post by archie on Jun 22, 2017 17:37:00 GMT
I've added a little to tranche B but I'm crazy.
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Post by bengilbert on Jun 22, 2017 21:11:01 GMT
Just wondering if there were any updates on this one bengilbert or anyone else? The last update on info page (which was a "no update" type of update) was 16/06 so no further information since the announcement of 11/06. I currently have a few K in it already but was hoping to scoop up some SM once more information comes through.... We've had a number of meetings this week and will be getting a weekly report tomorrow, so I'll look to prepare an update then. I have to be careful that anything I report doesn't get in the way of the process of moving towards redemption, so communications are likely to be a little more formal than usual. But I do understand how important it is for investors not to be left in the dark. Obviously managing the loan through to a successful conclusion takes priority, but I'll see what we can provide once we get the report. Thanks for your patience in any case.
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fp
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Post by fp on Jun 23, 2017 5:59:56 GMT
Administrators now showing as being appointed at CH for the borrower B*****n H***e LTD
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ding
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Post by ding on Jun 23, 2017 14:42:23 GMT
Administrators now showing as being appointed at CH for the borrower B*****n H***e LTD No one concerned, or simply we don't know the implications? I've no idea who B*****n H***e LTD is. I looked at the loan and there were two other companies mentioned Holmes Xxxxx Pxxxxxx Property Development Ltd
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Post by bengilbert on Jun 23, 2017 14:58:05 GMT
On the question of updates, there is still some information due to come in over the next few days so we've been advised that it would be best to wait until that is all in before giving a more substantive update.
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fp
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Post by fp on Jun 23, 2017 15:28:56 GMT
Administrators now showing as being appointed at CH for the borrower B*****n H***e LTD No one concerned, or simply we don't know the implications? I've no idea who B*****n H***e LTD is.I looked at the loan and there were two other companies mentioned Holmes Xxxxx Pxxxxxx Property Development Ltd This is the borrower, if you've been following the topic you will know the relevance, suggest you scroll back to page 11, and check the update on this particular bunch of loans on MT
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ding
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Post by ding on Jun 23, 2017 15:44:28 GMT
[Modearated, deleted] I got my Birkenhead and Bollington mixed up!
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fogey
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Post by fogey on Jun 23, 2017 16:15:46 GMT
I've added a little to tranche B but I'm crazy. There seems to be a steady trickle of crazy money going into 537 today ...
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fogey
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Post by fogey on Jul 1, 2017 2:52:00 GMT
I've added a little to tranche B but I'm crazy. There seems to be a steady trickle of crazy money going into 537 today ... Even more of a crazy trickle on Friday !
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registerme
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Post by registerme on Jul 10, 2017 16:01:09 GMT
On the question of updates, there is still some information due to come in over the next few days so we've been advised that it would be best to wait until that is all in before giving a more substantive update. Is two plus weeks enough time? I'm not being sarcastic, just giving this a bit of a bump .
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registerme
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Post by registerme on Jul 11, 2017 19:57:52 GMT
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greatmarko
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Post by greatmarko on Jul 13, 2017 16:22:47 GMT
As investors though, are we not entitled to these updates? Are MT allowed to withhold information about our investments from us? I appreciate that some of the information may be "commercially sensitive", but it is our money that's at stake at the end of the day! Why can't MT just privately email all investors in these loans with updates, if they don't want to publish the info on their own website/here?
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registerme
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Post by registerme on Jul 13, 2017 16:41:16 GMT
A question for MoneyThing more than for me I think . All I was doing was linking in the most recent relevant update, such as it was, here in this thread to keep things tidy and give more people a chance to see it / not miss it.
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greatmarko
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Post by greatmarko on Jul 13, 2017 17:30:51 GMT
A question for MoneyThing more than for me I think . All I was doing was linking in the most recent relevant update, such as it was, here in this thread to keep things tidy and give more people a chance to see it / not miss it. Sorry for any confusion - my questions were not directed specifically to you registerme - they were open-ended, following on from the BPF update you quoted
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