dead-money
Rocket to the Moon
Posts: 746
Likes: 654
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Post by dead-money on Sept 21, 2020 7:44:47 GMT
Discount: Received on Purchase / Required to Sell immediately
Fri 04/09/20 9am 9.9% / 10.5%
8pm 9.7% / 9.9%
Sat 05/09/20 9am 9.6% / 10.1% (10.5% for £5K) Sun 06/09/20 9am 9.1% / 9.5%
1pm 8.6% / 9.3%
3pm 8.5% / 8.9%
6pm 8.2% / 8.3% - 9.0% 10pm 8.5% / 9.1% - 9.3%
Mon 07/09/20 9am 8.5% / 9.1%, 9.5%, 9.8%
5pm 8.5% / 9.0%, 9.3%, 9.5%
Tue 08/09/20 Noon 8.6% / 9.1%, 9.3%, 9.5%
7pm 8.3% / 8.7%, 8.8%, 8.9% (Touched 8.0% around 5pm)
Wed 09/09/20 9am 8.3% / 8.7%, 8.8%, 8.9% 6pm 8.2% / 8.4%, 8.4%, 8.4%, 8.5%
Thu 10/09/20 8pm 8.2% / 8.5%, 8.5%, 8.8% ,8.9% (£100, £1K, £5K, £10K)
Fri 11/09/20 8am 8.2% / 8.5% (£1K bid / £10K offer)
6pm 8.3% / 8.5%, 8.6%, 8.7%
Sat 12/09/20 9am 8.2% / 8.5%
10pm 8.3% / 8.5% - 8.9%
Tue 15/09/20 6pm 8.1% / 8.4% Wed 16/09/20 Noon 8.1% / 8.3% (Touched 8.1% briefly)
7pm 7.8% / 7.9% - 8.0% Thu 17/09/20 7pm 7.5% / 7.7% Fri 18/09/20 5pm 7.4% / 7.5%
Sat 19/09/20 4pm 7.3% / 7.5%
Sun 20/09/20 9am 7.2% / 7.4% - 7.6%
Mon 21/09/20 9am 7.5% / 7.7%, 8.0%, 8.2% (£100, £1,000, £10,000) Tue 22/09/20 10am 7.6% / 8.4%
5pm 7.5% / 7.6% - 7.7%
Wed 23/09/20 9am 7.6% / 8.0%
7pm 8.0% / 8.1% - 8.4%
Thu 24/09/20 6pm 8.4% / 9.0% - 9.5% Fri 25/09/20
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ian
Posts: 342
Likes: 226
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Post by ian on Sept 21, 2020 8:04:44 GMT
Given there are other opportunities out there at circa 8/ 9% I believe many might choose to opt out sub 5% - that will be break even for many.
One thing for sure is the intro of the SM has done nothing for liquidity for those not prepared to take a loss
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rscal
Posts: 985
Likes: 537
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Post by rscal on Sept 21, 2020 19:05:28 GMT
I've had three four 'limit' buys @8%+ disc at different times this week/last week:
17/09/2020, 15:51 [8%]
18/09/2020, 08:51 [8%]
21/09/2020, 14:36 [8%]
Edit: Also at
22/09/2020, 09:17 [8%]
More:
24/09/2020, 09:30 [8.5%] More: 24/09/2020, 11:35 [8.7%] [almost instant; btw you can compare time of order with time of completion on the statement itself]
24/09/2020, 12:49 [8.8%]
24/09/2020, 15:29 [9%] More: 28/09/2020, 12:05 [9%]
[HTH]
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Post by korky on Sept 23, 2020 15:32:49 GMT
Looks like average discount to exit is moving up again, large seller (over 30K) has been offering 8% for the last few hours ... any takers?
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alanh
Posts: 556
Likes: 560
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Post by alanh on Sept 23, 2020 16:15:26 GMT
Looks like average discount to exit is moving up again, large seller (over 30K) has been offering 8% for the last few hours ... any takers? The up to 100% losses at Wellesley are probably not helping
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Post by Badly Drawn Stickman on Sept 23, 2020 16:34:47 GMT
Looks like average discount to exit is moving up again, large seller (over 30K) has been offering 8% for the last few hours ... any takers? I am interested, unfortunately for the seller that interest is only in how you have established the volume, I can see how to establish the rate from a buyer prospective. I am guessing it is shown from a seller perspective?
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alanh
Posts: 556
Likes: 560
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Post by alanh on Sept 23, 2020 18:32:41 GMT
The up to 100% losses at Wellesley are probably not helping Never let a nonsense comparison of two totally different business models ruin another opportunity to spread Mr Angry bile. Unfounded fear and scaremongering by the usual suspect, AC investors, has probably done more to worry investors into selling at a loss than the company they constantly bleat and whinge about ad nauseam. Ad nauseam adverb used to refer to the fact that something has been done or repeated so often that it has become annoying or tiresome. Are you suggesting that the ever growing list of failed p2p platforms is somehow good news? Do you think that it is likely to incentivise people to put more money into p2p or withdraw it?
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Sept 23, 2020 19:00:03 GMT
Never let a nonsense comparison of two totally different business models ruin another opportunity to spread Mr Angry bile. Unfounded fear and scaremongering by the usual suspect, AC investors, has probably done more to worry investors into selling at a loss than the company they constantly bleat and whinge about ad nauseam. Ad nauseam adverb used to refer to the fact that something has been done or repeated so often that it has become annoying or tiresome. Are you suggesting that the ever growing list of failed p2p platforms is somehow good news? Do you think that it is likely to incentivise people to put more money into p2p or withdraw it? Could be the same amount of money spread over fewer good surviving platforms - like this one.
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alender
Member of DD Central
Posts: 985 
Likes: 687
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Post by alender on Sept 24, 2020 10:19:27 GMT
Are you suggesting that the ever growing list of failed p2p platforms is somehow good news? Do you think that it is likely to incentivise people to put more money into p2p or withdraw it? Could be the same amount of money spread over fewer good surviving platforms - like this one. The question is good for who, the holders of the GEIA, GBBA1, GBBA2, QAA, 30D , 90D, etc and numerous MLA loan holders in particular D******d M***** Limited might beg to differ but I am sure it is good for the directors of AC.
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dead-money
Rocket to the Moon
Posts: 746
Likes: 654
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Post by dead-money on Sept 25, 2020 7:52:38 GMT
Mon 14/09/20 9am 8.2% / 8.9%
Tue 15/09/20 6pm 8.1% / 8.4% Wed 16/09/20 Noon 8.1% / 8.3% (Touched 8.1% briefly)
7pm 7.8% / 7.9% - 8.0% Thu 17/09/20 7pm 7.5% / 7.7% Fri 18/09/20 5pm 7.4% / 7.5%
Sat 19/09/20 4pm 7.3% / 7.5%
Sun 20/09/20 9am 7.2% / 7.4% - 7.6%
Mon 21/09/20 9am 7.5% / 7.7%, 8.0%, 8.2% (£100, £1,000, £10,000) Tue 22/09/20 10am 7.6% / 8.4%
5pm 7.5% / 7.6% - 7.7%
Wed 23/09/20 9am 7.6% / 8.0%
7pm 8.0% / 8.1% - 8.4%
Thu 24/09/20 6pm 8.4% / 9.0% - 9.5% Fri 25/09/20 9am 8.5% / 8.8% - 9.2%
8pm 8.2% / 8.4% - 8.6%
Sat 26/09/20 9am 8.1% / 8.2% - 8.6%
5pm 8.3% - 8.8% Sun 27/09/20
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Post by Ton ⓉⓞⓃ on Sept 25, 2020 8:50:27 GMT
This spurt up to 9% comes exactly a month after "the email", must be people pulling money from the 30DAA, so another might be likely in two months. I wonder if bigger as they'll feel behind the times in the 90DAA.
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IFISAcava
Member of DD Central
Posts: 3,692
Likes: 3,018
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Post by IFISAcava on Sept 25, 2020 9:02:30 GMT
Discounts are a bit up on the MLA too
So I think also partly related to general economic gloom and second wave impact.
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dead-money
Rocket to the Moon
Posts: 746
Likes: 654
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Post by dead-money on Sept 28, 2020 14:43:47 GMT
Mon 21/09/20 9am 7.5% / 7.7%, 8.0%, 8.2% (£100, £1,000, £10,000) Tue 22/09/20 10am 7.6% / 8.4%
5pm 7.5% / 7.6% - 7.7%
Wed 23/09/20 9am 7.6% / 8.0%
7pm 8.0% / 8.1% - 8.4%
Thu 24/09/20 6pm 8.4% / 9.0% - 9.5% Fri 25/09/20 9am 8.5% / 8.8% - 9.2%
8pm 8.2% / 8.4% - 8.6%
Sat 26/09/20 9am 8.1% / 8.2% - 8.6%
5pm 8.3% - 8.8% Sun 27/09/20
Mon 28/09/20 4pm 8.0% / 8.2%
Tue 29/09/20 8pm 8.0% / 8.2%
Wed 30/09/20 8am 7.8% / 7.9%
5pm 7.5% / 7.6%
Thu 01/10/20 8am 7.0% / 7.5% - 8.1% Noon 7.4% / 7.7% 5pm 7.4% / 7.5% - 7.9%
Fri 02/10/20 9am 7.3% / 7.6%
Sat 03/10/20 9am 7.0% / 7.5% - 7.6% Sun 04/10/20 8am 6.7% / 7.0% - 7.2%
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Post by Ton ⓉⓞⓃ on Sept 28, 2020 20:57:15 GMT
I'm Buying:
I notice a peak for 28th of 8.9% (£100)
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Post by Badly Drawn Stickman on Sept 28, 2020 21:43:23 GMT
I'm Buying:
I notice a peak for 28th of 8.9% (£100) I suspect you have a better understanding of the underlying 'value' than me. I see three main considerations only one of which I can currently value. The obvious first one is the current value, i see a second as the unknown ongoing deterioration simply due to the current climate and a third being the liquidity premium (or lack of more accurately) The third one is pretty much individual circumstance, I am not in great need of liquidity so am content to trade that for a margin of discount. points one and two I truly have no idea. That fails the 'meatloaf' test that two out of three ain't bad. So I am more a potential buyer, but did have a marker at 8.9 that did indeed trigger.
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