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Post by GSV3MIaC on Feb 15, 2016 10:03:02 GMT
So WB6 has been pulled again. FC comment: "This loan is being restructured and will then be relisted. Thanks FC". So what does that mean? Roll the dice again to see if they can get a 6 to send it to the Investment Trust?
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blender
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Post by blender on Feb 15, 2016 10:10:35 GMT
So WB6 has been pulled again. FC comment: "This loan is being restructured and will then be relisted. Thanks FC". So what does that mean? Roll the dice again to see if they can get a 6 to send it to the Investment Trust? Yes but they need only an even number.
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am
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Post by am on Feb 15, 2016 10:20:56 GMT
They pulled Towersey too. So with probably few new issuances today they may have enough released cash to ply into Notting Hill and pals. The conversation with the Byfleet borrower might be quite interesting to overhear..... Pulling Towersey may be because a material fact (another loan to the same company) was omitted. If they'd been monitoring the Q&A it may have been pulled earlier.
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acky
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Post by acky on Feb 15, 2016 10:27:07 GMT
They pulled Towersey too. So with probably few new issuances today they may have enough released cash to ply into Notting Hill and pals. The conversation with the Byfleet borrower might be quite interesting to overhear..... Pulling Towersey may be because a material fact (another loan to the same company) was omitted. If they'd been monitoring the Q&A it may have been pulled earlier. Spot on - Towersey relisted.
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guff
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Post by guff on Feb 15, 2016 10:44:18 GMT
Roll the dice again to see if they can get a 6 to send it to the Investment Trust? Yes but they need only an even number. They've changed the rules again allegedly: Roll the dice and if the top and bottom faces add up to 7...
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blender
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Post by blender on Feb 15, 2016 13:17:59 GMT
Re-listed Towersey is filling nicely with Autobid money, but strange that Autobid has taken none of my 8% parts at par on the SM for a few days now. I reckon I have bought my last 8% property loan from Fiddling Chancers.
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jonah
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Post by jonah on Feb 15, 2016 20:53:50 GMT
West byfleet parts (or at least mine) are selling on the SM, so the lever isn't 100% to pm.
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sl75
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Post by sl75 on Feb 15, 2016 21:04:16 GMT
West byfleet parts (or at least mine) are selling on the SM, so the lever isn't 100% to pm. Maybe a new strategy - push the lever over to clear out the SM of discounted parts in the earlier tranches, so that next time they re-relaunch it, they won't get Q&A pointing out the discounted loan parts and asking why any sane person would bid on the new loan without cashback?
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jonah
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Post by jonah on Feb 15, 2016 21:45:22 GMT
West byfleet parts (or at least mine) are selling on the SM, so the lever isn't 100% to pm. Maybe a new strategy - push the lever over to clear out the SM of discounted parts in the earlier tranches, so that next time they re-relaunch it, they won't get Q&A pointing out the discounted loan parts and asking why any sane person would bid on the new loan without cashback? Could be. I figured with yet more parts coming I might as well try selling my small slice but didn't expect it to go so fast.
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blender
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Post by blender on Feb 16, 2016 10:55:48 GMT
New loan Tooting2 9% A+ for 15 months. Not particularly exciting, but I think that for me it would trump a West Byfleet 6 at 8% over 17 months with 1% cashback. It will take 2% cash back to make WB6 worth touching.
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Post by bonfemme on Feb 16, 2016 11:10:48 GMT
I assume 20225 is yet another ****up. A category A short term property loan at only 8pc while the A+ property development loan is at 9pc.
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jayjay
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Post by jayjay on Feb 16, 2016 11:32:22 GMT
I assume 20225 is yet another ****up. A category A short term property loan at only 8pc while the A+ property development loan is at 9pc. If it is, there is some explaining to do as the first tranche went to you know who (WL). If they can hold this one out to Autobid it will be a new low. Flying Carpets have recovered well after the WB fiasco yesterday and seem to be in gung-ho mood again very quickly.
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blender
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Post by blender on Feb 16, 2016 11:37:39 GMT
The A at 8% has not stopped st*v*59 from bidding. Going well with Autobidders and the indiscriminate.
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ptr120
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Post by ptr120 on Feb 16, 2016 14:52:10 GMT
WB6 has been relisted - now at 10%. I wonder if it wouldn't have been cheaper all round to have chucked some CB at it instead?
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mikeh
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Post by mikeh on Feb 16, 2016 14:57:41 GMT
WB6 has been relisted - now at 10%. I wonder if it wouldn't have been cheaper all round to have chucked some CB at it instead? Sounds like they're making the borrower pay.
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