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Post by charliebrown on Mar 18, 2018 14:16:14 GMT
Someone used the word “hubris” before and I don’t think there’s any better word to describe LY. I genuinely don’t think LY will be around much longer and I also think they know it and don’t care.
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elliotn
Member of DD Central
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Post by elliotn on Mar 19, 2018 4:44:03 GMT
Someone used the word “hubris” before and I don’t think there’s any better word to describe LY. I genuinely don’t think LY will be around much longer and I also think they know it and don’t care. Can you imagine the p2p fall out if Ly did go under! 
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Post by p2plender on Mar 19, 2018 5:14:15 GMT
It won't be a big fallout, it's hardly looked roadworthy for a good 6 months imo, so won't come as a shock to those following the jackanory..
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Post by saraph on Mar 25, 2018 10:59:08 GMT
Someone used the word “hubris” before and I don’t think there’s any better word to describe LY. I genuinely don’t think LY will be around much longer and I also think they know it and don’t care. Can you imagine the p2p fall out if Ly did go under! I'm not sure about people from UK, but for people from EU outside of UK I think it's fine as long as Mintos does well.
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hazellend
Member of DD Central
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Post by hazellend on Mar 25, 2018 13:05:12 GMT
I can’t see Lendy gong under.
Big developments can’t get funding anywhere else so it will just take lower LTVs, reliable valuations and higher rates to get things moving. Oh and getting people their money back so they can invest, there should be some biggies repaying soon.
Some people have thrown their toys out of the pram it seems.
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tx
Member of DD Central
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Post by tx on Mar 25, 2018 15:05:34 GMT
Hope the DFL004 s****** 14m will reply on time as they indicated ... that would be a big lifter of the secondary market and will get a lot of things going, even if only 50% of the repair funds go back to Lendy.
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webwizard
Member of DD Central
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Post by webwizard on Mar 28, 2018 16:23:51 GMT
This Friday should have the update, but as it is a Bank Holiday will that happen as usual?
Could it come on Thursday or be delayed until Tuesday?
Can anyone remember what happened last year?
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guff
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Post by guff on Mar 28, 2018 16:37:45 GMT
…Can anyone remember what happened last year? It arrived on Friday 14th April @ 17:34: Quoting TS Eliot.
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hector
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Post by hector on Mar 29, 2018 10:32:00 GMT
I'm very much hoping that there will be no Update, meaning that investors will not have been provided with another dose of misleading information to be ignored
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tx
Member of DD Central
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Post by tx on Mar 29, 2018 10:36:31 GMT
I on the other hand would like to have the update whatever it might be about, I would rather have my own judgement to decide what to believe what not to.
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Jeepers
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Post by Jeepers on Mar 29, 2018 12:52:04 GMT
Well they won't want to rock the boat at the moment so we'll most likely see an update today unless they're working tomorrow.
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blata
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Post by blata on Mar 29, 2018 14:40:28 GMT
Maybe it is a positive update and the sun will shine.
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Post by Paul64 on Mar 29, 2018 14:59:55 GMT
Hi all, the fortnightly Investor Round-up will be out later this pm. Regards, Paul64 |
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johnfleet
Member of DD Central
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Post by johnfleet on Mar 29, 2018 16:31:29 GMT
.. well it's indeed out. That's it really. If you haven't read it, don't bother... (sorry being facetious - I was so underwhelmed by their flummery that I didn’t notice that there was a link to the loan updates)
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Post by supernumerary on Mar 29, 2018 16:51:00 GMT
.. well it's indeed out. That's it really. If you haven't read it, don't bother... Actually there is some good news.  All being well; PBL168 will be repaying £4,763,528 on the 06 April 2018. ALSO, DFL004 full repayment on the 14 April 2018 of £14,308,813. There may be more repayments coming, but those two alone total just over £19 Million. That will help the secondary market. 
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