hendragon
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Post by hendragon on Aug 26, 2018 9:42:37 GMT
As much as this is a good valuation, a building like this needs money for upkeep. If there is a negative cashflow things can deteriorate quite quickly. This issue needs resolution within a limited timescale and should not be long drawn out.
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archie
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Post by archie on Aug 26, 2018 11:04:03 GMT
As much as this is a good valuation, a building like this needs money for upkeep. If there is a negative cashflow things can deteriorate quite quickly. This issue needs resolution within a limited timescale and should not be long drawn out. They'll have the rental income soon. Only another week before the tenants start setting up to get ready for the launch.
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hendragon
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Post by hendragon on Aug 26, 2018 13:12:37 GMT
Let us hope that all goes well then
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amwinv
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Post by amwinv on Aug 26, 2018 13:49:38 GMT
As much as this is a good valuation, a building like this needs money for upkeep. If there is a negative cashflow things can deteriorate quite quickly. This issue needs resolution within a limited timescale and should not be long drawn out. They'll have the rental income soon. Only another week before the tenants start setting up to get ready for the launch. Haven't we been hearing this for about a year now though? I think the opening has been "imminent" since about October?
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archie
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Post by archie on Aug 26, 2018 13:52:00 GMT
They'll have the rental income soon. Only another week before the tenants start setting up to get ready for the launch. Haven't we been hearing this for about a year now though? I think the opening has been "imminent" since about October? No. 22nd September is the only date that has been announced to the public.
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johni
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Post by johni on Aug 26, 2018 16:13:37 GMT
There are at least 2 people who have take space in the premises ready for opening.
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stokeloans
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Post by stokeloans on Aug 26, 2018 18:26:35 GMT
There are at least 2 people who have take space in the premises ready for opening. It's going to take more than 2 people to make a success of this.....1 is a chap selling scooter scarves and badges is it not ? I can't see that dragging the punters in. Less than 4 weeks before it's supposed to open.....assuming the cryptic posting on facebook refers to the opening date and not something else....and still no signs up and no active marketing that I'm aware of. Anyone with any sense would have got 1 floor finished and rented out to get some income flowing.That could have happened a year ago.
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hazellend
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Post by hazellend on Aug 26, 2018 20:10:27 GMT
So much pessimism.
The photos look great and I think this place is likely to do very well.
Not happy with the arrears but am always happy supporting projects like this that should benefit the local area
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hazellend
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Post by hazellend on Aug 26, 2018 21:06:12 GMT
So much pessimism. The photos look great and I think this place is likely to do very well. Not happy with the arrears but am always happy supporting projects like this that should benefit the local area Are there any loans in the P2P you don't like? Sure, but I invest in and comment on the ones I do like.
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amwinv
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Post by amwinv on Aug 31, 2018 21:22:56 GMT
2nd tranche of this one just got mopped up in several k chunks, all within 3 minutes. About 14k in total. Something I've missed?
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elliotn
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Post by elliotn on Sept 1, 2018 3:13:44 GMT
2nd tranche of this one just got mopped up in several k chunks, all within 3 minutes. About 14k in total. Something I've missed? This has happened on 1 or 2 other loans ahead of good news.
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amwinv
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Post by amwinv on Sept 1, 2018 9:05:35 GMT
2nd tranche of this one just got mopped up in several k chunks, all within 3 minutes. About 14k in total. Something I've missed? This has happened on 1 or 2 other loans ahead of good news. Hmmmmmm..... I'm pretty sure Wandsworth suddenly started selling chunks before it went non performing. Damn insiders and their sneaky knowledge
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MONEY
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Post by MONEY on Sept 1, 2018 9:58:00 GMT
... Hmmmmmm..... I'm pretty sure Wandsworth suddenly started selling chunks before it went non performing. Damn insiders and their sneaky knowledge It was probably those pesky Ruskies again, ilmoro slov and cooling_dude liev. Allegedly, their posts are so convincing, it's been known for people to just throw their login details at them and get them to overinvest. What makes you so sure? I've had a page monitor running on the Wandsworth loan for months, so unless you're referring to a few low value offers as 'chunks', you're wrong.
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amwinv
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Post by amwinv on Sept 1, 2018 10:04:37 GMT
... Hmmmmmm..... I'm pretty sure Wandsworth suddenly started selling chunks before it went non performing. Damn insiders and their sneaky knowledge It was probably those pesky Ruskies again, ilmoro slov and cooling_dude liev. Allegedly, their posts are so convincing, it's been known for people to just throw their login details at them and get them to overinvest. What makes you so sure? I've had a page monitor running on the Wandsworth loan for months, so unless you're referring to a few £20-50 offers as 'chunks', you're wrong. Haha. I wouldn't put it past those troublemakers! I'm happy to be proven wrong if someone has some kind of monitor on the page. I'm getting on in years now and my brain ain't what it used to be. (And I'm only 34. Ha!) I just thought several k chunks popped up a few times, a day or maybe just a few hours before the official notice went up. And then suddenly there was vast chunks up for sale.
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78
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Post by 78 on Sept 1, 2018 10:37:14 GMT
If the second charge has not been repaid it is now in default and the second charge holder has the right to appoint an administrator at any time if in default
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