dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,039
Likes: 595
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Post by dave4 on Sept 13, 2024 9:22:21 GMT
#5490. Degl loan.
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Post by steveng on Sept 13, 2024 9:55:56 GMT
They want more money? It feels to me like I'd be putting more funds into the same claim and not spreading it as thin as I should over multiple cases.
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p2pfan
Member of DD Central
Full-Time Investor
Posts: 772
Likes: 874
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Post by p2pfan on Sept 14, 2024 12:07:31 GMT
They want more money? It feels to me like I'd be putting more funds into the same claim and not spreading it as thin as I should over multiple cases. You're right, it is a concentration of risk. It will almost certainly be an 'all or nothing' outcome for these diesel emission claims, so you'll either lose all your investments or get a sizeable ROI on all of them. I sincerely hope there can be more diversification from Axia Funder. It will also take many, many years for an outcome on the diesel emission court action. These mega-complex legal cases and then getting payment from adjudications typically take an extremely long time as we all know. The upside of the latter is that, by then, a Conservative government might be about to come into power and reverse the probable impending Capital Gains Tax rises which will significantly affect the net returns many investors pocket from Axia Funder.
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Post by Ace on Sept 18, 2024 16:12:57 GMT
Another HDR loan tranche repayment has been made today. It was from the 3rdd law firm. It was the 2nd tranche repayment for #4237. This tranche had a profit of 31.81%. The average profit for repaid cases in this loan is 28.4% (27.65% XIRR ). Returns so far from all HDR loans (all 4 law firms, including the one in administration) The overall XIRR for the repaid portions of my HDR case investments is now 4.36%. (This should steadily rise as repayments from the loans in good standing are received, barring any further "issues"). Assuming an equal amount was invested in each of the 16 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 4.93%. For each £1k equal investment (£16k across the 16 loans), £8,463.21 of capital and £510.89 profit (£8,974.10 total) would have been paid so far. Returns so far from all HDR loans in good standing(I.e. excluding those from the law firm in administration) The overall XIRR for the repaid portions of my HDR case investments is now 22.14%. Assuming an equal amount was invested in each of the 9 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 21.96%. For each £1k equal investment (£9k across the 9 loans), £2,539.40 of capital and £510.89 profit (£3,050.29 total) would have been paid so far.
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Post by Ace on Sept 18, 2024 16:21:40 GMT
They want more money? It feels to me like I'd be putting more funds into the same claim and not spreading it as thin as I should over multiple cases. You're right, it is a concentration of risk. It will almost certainly be an 'all or nothing' outcome for these diesel emission claims, so you'll either lose all your investments or get a sizeable ROI on all of them. I sincerely hope there can be more diversification from Axia Funder. It will also take many, many years for an outcome on the diesel emission court action. These mega-complex legal cases and then getting payment from adjudications typically take an extremely long time as we all know. The upside of the latter is that, by then, a Conservative government might be about to come into power and reverse the probable impending Capital Gains Tax rises which will significantly affect the net returns many investors pocket from Axia Funder. I completely agree that there is a concentration risk in these loans, both because of them all being via the same law firm so far, and because they all relate to the diesel emissions issue. However, there is some merit in diversifying ones total investment in this topic across multiple loans as different loans relate to different manufacturers. It's perfectly possible that some manufacturers will settle early to avoid going through the full court process, as I believe some have in other jurisdictions. It's also possible that some manufacturers will go through the full court process and be found guilty, while other may not be found guilty.
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