corto
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one-syllabistic
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Post by corto on Mar 29, 2020 15:39:29 GMT
Usually if one sells a thing, features are exaggerated in rosy terms.
Here someone sells and warns it's a bad buy.
Which one is more perturbed?
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Post by Badly Drawn Stickman on Mar 29, 2020 16:30:18 GMT
Usually if one sells a thing, features are exaggerated in rosy terms. Here someone sells and warns it's a bad buy. Which one is more perturbed? True in a one to one negotiation, but lets take a theoretical example where I think something is overvalued but would buy a lower price.... Lets say an imaginary shop selling high end shoes at a big mark up, my ploy would be to big it up despite current events as follows... Well in the current climate people need cheering up, a bit of retail therapy could well be on the cards. If you are going to have to ration yourself to two sheets of toilet paper and stand for an hour washing your hands afterwards. Why not walk there in style at least, time for a treat. A few minutes pass and people start to rubbish that idea.....something like I suspect posh shoes will be the last thing on anybodies mind right now, and lets be honest this loans (just building loan character obviously) is amortizing and the shop is not trading. Fat chance of any repayments on this for a good while and a load of overpriced shoes as an asset. No thank you. My work is done by others, suddenly those bidding at over 80% have a light bulb moment and those selling start a stampede.
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Post by Ace on Mar 29, 2020 16:45:19 GMT
Usually if one sells a thing, features are exaggerated in rosy terms. Here someone sells and warns it's a bad buy. Which one is more perturbed? True in a one to one negotiation, but lets take a theoretical example where I think something is overvalued but would buy a lower price.... Lets say an imaginary shop selling high end shoes at a big mark up, my ploy would be to big it up despite current events as follows... Well in the current climate people need cheering up, a bit of retail therapy could well be on the cards. If you are going to have to ration yourself to two sheets of toilet paper and stand for an hour washing your hands afterwards. Why not walk there in style at least, time for a treat. A few minutes pass and people start to rubbish that idea.....something like I suspect posh shoes will be the last thing on anybodies mind right now, and lets be honest this loans (just building loan character obviously) is amortizing and the shop is not trading. Fat chance of any repayments on this for a good while and a load of overpriced shoes as an asset. No thank you. My work is done by others, suddenly those bidding at over 80% have a light bulb moment and those selling start a stampede. I can't believe you typed all that just to get the posh shoe loan down from 81% to 80% discount 😂
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Post by Badly Drawn Stickman on Mar 29, 2020 16:47:16 GMT
True in a one to one negotiation, but lets take a theoretical example where I think something is overvalued but would buy a lower price.... Lets say an imaginary shop selling high end shoes at a big mark up, my ploy would be to big it up despite current events as follows... Well in the current climate people need cheering up, a bit of retail therapy could well be on the cards. If you are going to have to ration yourself to two sheets of toilet paper and stand for an hour washing your hands afterwards. Why not walk there in style at least, time for a treat. A few minutes pass and people start to rubbish that idea.....something like I suspect posh shoes will be the last thing on anybodies mind right now, and lets be honest this loans (just building loan character obviously) is amortizing and the shop is not trading. Fat chance of any repayments on this for a good while and a load of overpriced shoes as an asset. No thank you. My work is done by others, suddenly those bidding at over 80% have a light bulb moment and those selling start a stampede. I can't believe you typed all that just to get the posh shoe loan down from 81% to 80% discount 😂 I am really working on another loan, that was just bait.
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IFISAcava
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Post by IFISAcava on Mar 29, 2020 18:07:17 GMT
I can't believe you typed all that just to get the posh shoe loan down from 81% to 80% discount 😂 I am really working on another loan, that was just bait. Well, whichever one of you it is that keeps undercutting me, would you mind awfully just resisting the temptation for a little while?
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corto
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Post by corto on Mar 29, 2020 18:47:36 GMT
I appreciate the 80% optimism
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boundah
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Post by boundah on Mar 30, 2020 16:16:10 GMT
Well report it and ask it to be removed then. I will discuss my opinions as a lay person as I see fit, bearing in mind you've been refusing to discuss this one with your running commentaries remark. 5 days on perhaps an update would be in order for those with holdings as to whether you've even managed to have a conversation with them. Of course you can discuss your opinions, but I'm not sure why you're being so cantankerous. ABL have so far been the most transparent P2P platform I've used, and from what I can make out are working pretty hard to get the best possible outcome in challenging circumstances.
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Post by Badly Drawn Stickman on Mar 30, 2020 17:06:01 GMT
Well report it and ask it to be removed then. I will discuss my opinions as a lay person as I see fit, bearing in mind you've been refusing to discuss this one with your running commentaries remark. 5 days on perhaps an update would be in order for those with holdings as to whether you've even managed to have a conversation with them. Of course you can discuss your opinions, but I'm not sure why you're being so cantankerous. ABL have so far been the most transparent P2P platform I've used, and from what I can make out are working pretty hard to get the best possible outcome in challenging circumstances. Judging by the gap in posting I must have missed a kerfuffle, in my time in the exercise yard. I would however suggest cantankerous would count as a quiet day for a Demon.
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blender
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Post by blender on Mar 31, 2020 7:29:29 GMT
Of course you can discuss your opinions, but I'm not sure why you're being so cantankerous. ABL have so far been the most transparent P2P platform I've used, and from what I can make out are working pretty hard to get the best possible outcome in challenging circumstances. Judging by the gap in posting I must have missed a kerfuffle, in my time in the exercise yard. I would however suggest cantankerous would count as a quiet day for a Demon. Psychiatrists might say that these tensions can be expected when we are all locked down together in this forum for the foreseeable future. My worry is whether the demon or the idiot will be next in line to take the chameleon out for its daily exercise. Being tied to boundah's bike was no fun - and he failed to clean up.
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dh1
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Post by dh1 on Mar 31, 2020 12:07:33 GMT
Well, there's an update out... Don't hold your breath. Well....
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blender
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Post by blender on Mar 31, 2020 12:55:32 GMT
Almost out in time. Just caught the end of my tail in the door.
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corto
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Post by corto on Mar 31, 2020 13:02:06 GMT
Well, there's an update out... Don't hold your breath. Well.... Not only one update - some 15 loans are paused.
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Post by Badly Drawn Stickman on Mar 31, 2020 13:02:35 GMT
Well, there's an update out... Don't hold your breath. Well.... Pretty much updates across the board, and none any great surprise. The amortising were all going to become interest only and the interest only getting a holiday. The key thing was always that they got put on some sort of life support. Credit to Ablrate for the quick handling of them and rapid updates. Just 137 standing between me believing the hype they have been getting the past couple of years.
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TitoPuente
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Post by TitoPuente on May 31, 2020 9:45:33 GMT
Press release including material information posted in DDC.
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nw99
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Post by nw99 on Jun 1, 2020 15:34:37 GMT
Great news
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