scc
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Post by scc on Apr 5, 2018 12:43:20 GMT
I was amused to read that it all now hangs on some Offgem bureaucrat who belatedly announced their easter hols on Sunday evening. It's like some kind of Ealing comedy now Perhaps we should organise a mass easter egg sending for their return to keep them sweet.
I'm pretty confident we'll get our cash back - but perhaps over a longer time horizon than was originally planned. I'm very doubtful they'll make the 30th April deadline.
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scc
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Post by scc on Mar 23, 2018 17:37:20 GMT
Expect an update around middle of next week, according to an email from Abundance.
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scc
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Post by scc on Mar 13, 2018 16:13:23 GMT
Where did you find any information on this? All I have is a refund statement to my email, zero explanation there or that I can see on the site! Does this have a knock on effect on the existing M***** V***** debentures? An email was sent to investors.
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scc
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Post by scc on Mar 13, 2018 16:02:25 GMT
Aye it's a tricky situation. Fingers crossed it comes good for them (and those who've invested). The long term debenture was quite a big offer as the platform goes and taking a while to fill too. They are bound to struggle if/when they reopen it.
Interesting that it has occurred to as they seemed to have had a decent track record in these installations.
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scc
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Post by scc on Mar 6, 2018 8:02:34 GMT
Parts of Liverpool have been bad for a long time.
I remember a friend living in an area supposedly being gentrified in the 90s. Magnificent multistory house he lived in which he was slowly renovating - the ground floor was completely burned out due it a cannabis farm gone wrong.
The approach contractors took was to renovate the inside, fix the windows etc and then leave the windows boarded up until the day of handover to the house owner. They would then quickly take them down and handover because chances were that within hours the windows would be smashed.
To the OP, I would want to know who owned the freehold. If local council, you would well find yourself with massive repair bills if most of the block is still council owned.
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scc
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Post by scc on Mar 5, 2018 12:45:34 GMT
RS: + easy to understand, any fool could do it. - any fool does do it resulting in poor rates. Abundance: + focus on green projects. Good customer service. - loan availability is often lumpy.
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scc
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Post by scc on Feb 28, 2018 12:14:53 GMT
I guess their current way around maximises the chance of getting your cash back quickly. After all, I know (and I suspect I'm not alone here), I would be cashing out low interest loans for better rates pretty regularly otherwise.
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scc
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Post by scc on Feb 20, 2018 15:43:16 GMT
Missus tried to open an account. They said they needed to check something and would be in touch.
Never have.
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scc
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Post by scc on Feb 20, 2018 5:48:37 GMT
One of the abundance peeps told me late last year that they were hoping to make it easier for secondary market buyers to calculate returns.
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scc
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Post by scc on Feb 20, 2018 5:46:43 GMT
Neither of the two current offers are being taken up very quickly. Any idea why? In addition to what stub8535 says. Time of year. Some will still be paying off Christmas bills and/or booking holidays. Stock market wobbles. Abundance investors are quite sensitive to them. I've seen a bunch of secondary market offers get withdrawn during stock market dips previously. Size of loans. They are both quite sizeable compared to some of Abundance's previous offers. I guess they will get filled eventually, but it could take easily another month - which might take them past their deadlines.
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scc
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Post by scc on Feb 13, 2018 0:27:29 GMT
BTL falls outside of my ethical criteria. It really is a pox on society.
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scc
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Post by scc on Feb 1, 2018 22:30:45 GMT
MV debenture now up - and you can rollover your existing one into this new one if you want.
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scc
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Post by scc on Jan 31, 2018 7:28:31 GMT
New At**** offer up.
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scc
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Post by scc on Jan 13, 2018 22:44:40 GMT
i suspect the panic with Kraken has come about because there's a been a few exchanges that got hacked and then basically declared themselves bankrupt. Dogecoin was created as a joke coin, wasn't it? Still, in a bubble even turkeys might fly? The panic came about with Kraken because they remained quiet in certain quarters, including their own status update page. Kraken has a lot higher security than the exchange that I suspect you are referring to (Mtgox?). However, when an exchange stay quiet for over 8 hours when their website is down, panic becomes endemic.
Dogecoin probably was created as a joke, however I am now over 360% up in less than a month. I don't mind being a joke or a turkey for those kind of returns.
Here come the bubble comments again!!
There was a South Korean exchange recently that was hacked and then went bankrupt. I think if you have a coin created as a joke that people are actively trading for profit, then that's the kind thing bubbles are made of. It's very reminiscent of the South Sea company that was created for a purpose so mysterious they wouldn't actually tell investors. Some coins are undoubtably in a bubble as they will have no long term value once all of this shakes out (in the same way that some 2000 era dot.coms turned out not to have). Others might well do. Personally, I have a small amount in Bitcoin - mostly because I love the idea of a decentralised currency/asset, it has brand recognition and McAffee is just crazy enough to be possibly right.
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scc
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Post by scc on Jan 13, 2018 13:58:39 GMT
i suspect the panic with Kraken has come about because there's a been a few exchanges that got hacked and then basically declared themselves bankrupt.
Dogecoin was created as a joke coin, wasn't it? Still, in a bubble even turkeys might fly?
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