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Post by crabbyoldgit on Nov 21, 2015 23:48:22 GMT
Cris if this is reserved for the geia only can we have notice so as to enable us to transfer funds so as to acquire a stake in this wt.
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Post by crabbyoldgit on Nov 13, 2015 14:13:36 GMT
This a guess so probably utter hot air and rubbish, windmills need laminar non turbulent wind to work best but it being nature do not get it.So maybe the angle of attack of the blades can be changed to maximise output in different wind strengths and directions, this would be different for ever site because of local factors creating turbulence so imperical results would need to be gathered and a kind of one off engine mapping created for the site. There b### s### baffles brains
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Post by crabbyoldgit on Nov 11, 2015 21:51:41 GMT
Sorry all conditions a bit ott all practicable managable conditions a more balance statement
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Post by crabbyoldgit on Nov 11, 2015 21:16:21 GMT
Fine but i have to much loan b within the fund , another has to much loan f by swapping fund holdings you could keep to the proposition rules and ac do not, we the both funds in effect pay ac to manage our funds to the terms within the proposition statement and you dont.Any simple invester expects the proposition terms to be held to in all situations how, not our problem, its what we pay in a reduced return for. Sorry but how program works is of no interest ,its if it produces the results promised in the propostion statements that counts in all conditions ,full stop, and as you just said it does not.
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Post by crabbyoldgit on Nov 11, 2015 20:02:01 GMT
Hi i am sorry i have been gently trying to raise my concerns over the practicle operation of the geia for some time and if my very amateur understanding is wrong i am sorry,but ac sell a product or service, sell of goods act here, lets just forget the fsa for now in which the proposition document says investers will not be exposed to more than a 20% risk in any single investment in a single loan and it does not.Because the 20% rule is turned off in the case of sales, loans in which there is a small holding can be and in my experiance are sold this means that large 20% loans are left the same value in a now smaller pot hence greater than 20%.Even worse the proposition document states the progam will try and even out the risk spread as far as possible in practice one would expect below 20% but with no new loans and the trading between geia members turned off and the new progam to renable this not implimented nothing is being done to address the problem and it must be growing slowly worse. Now as existing loans repay well its a in my opinion a big can of worms.If a couple of wt was to go bad and the provision fund could not deal with the sitution how would ac like to deal in court the product is deigned for unsophisticated investors.So the judge says you lost more money because your share in the loans exceeded 20% why did you not keep due care to ensure this was not so, because mlord ac decided not provide the information to enable me to know what individual loans at what value i was in and as a 73 year old widow i do not understand spread sheets and to filter verious values and sums.I think a real long look at what is happening in in geia and is likley to occur if the fund reduces in value over time with the compliance officer may be in order. if my fears and understanding are wrong again sorry ,but.
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Post by crabbyoldgit on Nov 10, 2015 22:10:52 GMT
Yes and for me the interesting thing is how the geia is going to act when the two windmills repay.Will it just ignore the 20% rule and leave accounts outside the fund proposal statement to investers or will it start saleing off loan parts to maintain the max 20% investment rule and leave people at present 100% invested with uninvested funds.I am thinking the scheme was designed for a constant churn of new loans to enable loan parts to be moved arround to maintain diversity but with no new loans and old ones starting to repay thing are going to get very messy.
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Post by crabbyoldgit on Nov 10, 2015 10:11:17 GMT
Ah you city types living up smoke down eer in dorzet we have to get the pony and trap out to get to the nearest pub with moble coverage, 1g ,if you stand in the gents toilets with one hand in the air,gets busy out there. Cant get busted for drink drive with old dobbin and the old milk cart.
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Post by crabbyoldgit on Nov 10, 2015 8:47:55 GMT
Did not go to pub last night, why, soon to own my own pub or bit of it , poured can of cold beer and waited to celibrate and waited to enjoy, went to bed undrunk beer warm and flat, me stone cold sober disaster.
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Post by crabbyoldgit on Nov 6, 2015 15:48:04 GMT
Ok so ac making a loss this year,needs massive increase in deal flow to meet projections for next year to turn into profit, well at least they need more deals as much as people on this forum want more, the only issue is if ac take their eye off the quality of loans in looking for quantity at any cost.Andrews comments in past are reassuring in this respect but it must be a tough time at the top of ac i for shure are going to be even more picky where my money goes. Wonder what gross amount of money ac needs to churn to make a go of it any reasonable guesses out there.
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Post by crabbyoldgit on Nov 5, 2015 19:23:11 GMT
Is this a record, announced today underwriting called immediately, drawdown 18th or who knows tomorrow, has a fire been lit somewhere or has this been diverted from the institutions to quieten the restless mob.
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Post by crabbyoldgit on Nov 4, 2015 22:05:59 GMT
30th of nov is last projected drawdown date of last new loan on offer, with new loans appearing on platform well 1 every i guess 2 weeks and slowing.Hence it looks like its possible by early next month we could have an empty upcomming loans file
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Post by crabbyoldgit on Nov 4, 2015 20:35:41 GMT
Um yes as and as i have holdings i think possibly in geia but ac wont tell me how much i cant plan what i might do with the funds if there is anything to buy with this mysterious sum of money.One thing is for shure there is no point in leaving it in the geia have not had any units purchased by the progam for at least 3 weeks.Next question when will the promised trading between geia members become funtionable, my promiced max 20 percent holding in any one investment i think is just a joke by now but of course i dont know because again its info ac dont let me know.Sorry like this platform but loseing faith, we are just over 3 weeks away from a platform with nothing to sell apart from the after market with we are told ever increasing invester funds available not a good place to be.
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Post by crabbyoldgit on Oct 27, 2015 16:10:01 GMT
Life it would seem is tough for smallish private schools at the moment we just had one fold in dorset about a week ago, thornlow prep, again lack of pupil numbers the owners saying a drop in foreign students enrolling in particular chinese students had made the school unviable.Also a long established large nursery has gone, unemployment among young parents has slashed demand, the recession is far from over by a long chalk in deepest darkest dorset
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Post by crabbyoldgit on Oct 25, 2015 17:35:10 GMT
I know very little about this but my feeling its structure is for short term loans to cover cash flow issues so probably quite relative high interest rates i would have thought as the security is future payments for work completed or nearing completion not hard physical assets.have i got the right end of the stick here.
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Post by crabbyoldgit on Oct 23, 2015 18:52:00 GMT
As a very small beer investor the present loan shortage has not effected me at all,one or two new loans a month and a bit of shrapnal have been more than enough but suddenly thing do not look very good at all and if im getting worried and starting to see with repayments from existing loans coming fast what must you much larger investers beginning to think.ac need a few new loans to be annouced and soon .
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