mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Sept 22, 2014 10:45:53 GMT
It certainly will be a help when the underwriter portion finally hits zero and we can see clearly how much gets recycled. There's so much of PBL005 that there's bound to be a fair amount of it being recycled. And it's hard to know how long it might take to sell PBL005 parts as a result. Has anyone here sold any recently? If so, how long did it take? I suppose if someone were really keen to know they could watch the amount available and the recent activity and work out how much of the recent activity was recycling and how much was sales of underwriters' parts. I wonder if the underwriters were expecting their money would be tied up as long as it has turned out to be. We're three months into the loan and there's still over £300k available. That number hasn't been going down very fast, even when PBL005 has been the only SS investment opportunity.
|
|
ramblin rose
Member of DD Central
“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
Posts: 1,370
Likes: 857
|
Post by ramblin rose on Sept 22, 2014 11:13:59 GMT
It certainly will be a help when the underwriter portion finally hits zero and we can see clearly how much gets recycled. There's so much of PBL005 that there's bound to be a fair amount of it being recycled. And it's hard to know how long it might take to sell PBL005 parts as a result. Has anyone here sold any recently? If so, how long did it take? I suppose if someone were really keen to know they could watch the amount available and the recent activity and work out how much of the recent activity was recycling and how much was sales of underwriters' parts. I wonder if the underwriters were expecting their money would be tied up as long as it has turned out to be. We're three months into the loan and there's still over £300k available. That number hasn't been going down very fast, even when PBL005 has been the only SS investment opportunity. A couple of my sales of PBL 005 were very recent and they've all gone within the day. I haven't tried selling them when there's a new loan investment ongoing and everyone else is trying to sell, which might hold things up, but even in those situations, you do see it move a bit. I've took the view that PBL 005 might be more difficult to shift than others and so sold it when everything was nice and quiet. Edit: There's actually quite a lot of it shifting at the moment - in percentage terms it doesn't look so much because it's such a big loan, but I'd estimate easily 80K of it has gone in the past week, which I don't think bad for a loan that most people have as much of as they want. Edit2: And that didn't include the £25K that's just gone through since I posted 
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Sept 22, 2014 12:27:57 GMT
These 3 loans work out at only £1,200 per member, so not much really. And then there are those who bid 10k+, even a 25k bid on PBL 005, and these bids arent uncommon.
Anybody want to guess when they think PBL005 will be full? My guess, early November.
|
|
|
|
Post by Deleted on Sept 22, 2014 14:29:34 GMT
I've sold a few chnks of PBL05 and some sold within 1 day but on one occasion it took about 2 to 3 days. The longer wait was when there was another cashback PBL just launched and available.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Sept 22, 2014 14:39:39 GMT
The longer wait was when there was another cashback PBL just launched and available. Just long enough for you to miss the opportunity to take the PBL005 money and reinvest it into the new PBL?
|
|
|
|
Post by Deleted on Sept 22, 2014 17:12:46 GMT
The longer wait was when there was another cashback PBL just launched and available. Just long enough for you to miss the opportunity to take the PBL005 money and reinvest it into the new PBL? Yes although I didn't miss out altogether as I had a bit of money elsewhere that was more liquid. Also I was quite heavy in PBL05 anyway so was quite pleased to reduce my investment in that loan a bit as it does seem the least liquid of the SS loans, though still quite accessible.
|
|
|
|
Post by davee39 on Sept 23, 2014 7:56:46 GMT
These 3 loans work out at only £1,200 per member, so not much really. And then there are those who bid 10k+, even a 25k bid on PBL 005, and these bids arent uncommon. Anybody want to guess when they think PBL005 will be full? My guess, early November. I love your 'Not much really' for ONLY £1200. We are not all in the 'George Osborne, Nick Clegg, David Cameron' millionaire class just asking everyone else for a small contribution.
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Sept 23, 2014 11:57:04 GMT
The £1200 was only an average figure, many bids(excluding mine) will be massively in excess of that, meaning that vast majority will be much lower.
Anyway having £1200 hardly makes you a millionaire. As a UKIP member and stay at home mum from a poor area in north Nottinghamshire, I deplore the reference to the Tory millionaires.
|
|
shimself
Member of DD Central
Posts: 2,563 
Likes: 1,171
|
Post by shimself on Sept 23, 2014 13:04:17 GMT
I love your 'Not much really' for ONLY £1200. We are not all in the 'George Osborne, Nick Clegg, David Cameron' millionaire class just asking everyone else for a small contribution. You should have written We are not all in the 'George Osborne, Nick Clegg, David Cameron, Nigel Farage, Ed Miliband (I don't know about Alec Salmond)' millionaire class
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Sept 23, 2014 13:23:32 GMT
or Tony Blair multi-millionaire .... but Gordon Brown...he appears to give it all away.
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Sept 23, 2014 14:00:24 GMT
I see super yacht back in the pipeline.
|
|
|
|
Post by wildlife2 on Sept 23, 2014 14:10:36 GMT
Super amount too!
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Sept 23, 2014 14:11:05 GMT
Do I spot exits from some PBLs to navigate into position?
|
|
will
Member of DD Central
Posts: 107
Likes: 8
|
Post by will on Sept 23, 2014 16:14:57 GMT
Could take a while to fully surface as it's only at Stage 4?
|
|
|
|
Post by wildlife2 on Sept 23, 2014 16:21:00 GMT
Shipping forecast ahead..........
|
|
