Steerpike
Member of DD Central
Posts: 1,961 
Likes: 1,680
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Post by Steerpike on Jun 13, 2017 15:48:07 GMT
What is the good news? Thincats are distributing more frequent loan updates!
Great, what is the bad news? The contents of the updates!
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Post by tybalt on Jun 14, 2017 5:23:36 GMT
What really does me is the circumlocutious and obsequiousness tone of the missives speaking as a man who knows the difference between a spade, a spit and a shovel
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Post by bracknellboy on Jun 14, 2017 6:33:00 GMT
At least we are now getting more comms. TC remains my biggest single exposure and I need some of those updates to start turning positive.
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rookey123
Member of DD Central
Posts: 74
Likes: 128
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Post by rookey123 on Jul 24, 2017 21:14:12 GMT
Worst P2P company I invest in by a mile. Divesting as quick as I can. Was with them since 2012 and cannot now think of a good thing to say about them.
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Steerpike
Member of DD Central
Posts: 1,961
Likes: 1,680
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Post by Steerpike on Jul 25, 2017 6:34:37 GMT
I can think of far worse platforms, Thincats has a decent deal flow, a range of investment options, detailed loan documentation, open Q&A on the platform, and two investor forums.
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pikestaff
Member of DD Central
Posts: 2,136
Likes: 1,484
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Post by pikestaff on Jul 26, 2017 7:38:20 GMT
I'm happy with TC for those reasons plus the more than satisfactory performance of my portfolio. It is my largest p2p exposure by far and I am still adding.
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Post by Deleted on Jul 27, 2017 11:48:57 GMT
Worst P2P company I invest in by a mile. Divesting as quick as I can. Was with them since 2012 and cannot now think of a good thing to say about them. Can you provide more details? What happened to you there? You were there for quite a while so your opinion is probably pretty useful...
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shimself
Member of DD Central
Posts: 2,561
Likes: 1,170
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Post by shimself on Aug 1, 2017 19:04:58 GMT
Their in house forums certainly have a lot of vituperation, to the level that the mods here would intervene. Some might find this offputting. (I just posted another thread here praising them). They are my biggest platform
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Greenwood2
Member of DD Central
Posts: 4,243
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Post by Greenwood2 on Aug 1, 2017 20:23:46 GMT
Some posts on the TC forums I just skip over, not worth reading I know what they are going to say (again) boring and unhelpful.
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shimself
Member of DD Central
Posts: 2,561
Likes: 1,170
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Post by shimself on Aug 2, 2017 7:41:52 GMT
Their in house forums certainly have a lot of vituperation, to the level that the mods here would intervene. Some might find this offputting. (I just posted another thread here praising them). They are my biggest platform Hi shimself , for those like me who are either slightly familiar with TC or have never been anywhere near please would you be willing to provide a personal list of pro's and con's as to how you see the place and why? Thanks for your help with this.  Thanks to a small number of involved investors the Q&A is head and shoulders above any other site. Alongside this site I have been able to learn a lot. The info packs are complete (or if not get short shrift). A reasonable deal flow with a secondary market. The website is arcane, the opposite of instinctive. If you want to do a monthly reconciliation you are in for a job. Recovery is professionally done (now), but they tend not to be communicative I continue to be more invested there than elsewhere.
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Post by petebutt43 on Oct 21, 2019 1:20:42 GMT
I have gone off Thincats over the last few years, letting the portfolio slowly decline. My one BIG success was D******M********! Became a share holder and they are now doing incredibly well, with sales / EBITDA doubling year on year and four bespoke outlets in swanky parts of town.
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ton27
Member of DD Central
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Post by ton27 on Nov 4, 2019 21:36:02 GMT
I also became a shareholder and am impressed with the results; however the shares are worth nothing until there are buyers!
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