kermie
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Post by kermie on Sept 24, 2015 9:45:26 GMT
I got nothing - and if noone else got anything it indicates the QAA bought all of it. I agree, and it fits with samford71 saying it all sold in one lump. The QAA needs to generate interest sufficient for the monthly payout on the 1st and also to help facilitate an increase in the global cap that has been suggested. Until the deal flow picks up, the AC set of accounts are like an F1 car driving around a go-kart track with inevitable consequences. I've every confidence it'll all work fine when the flow is there, it's only one loan, possibly only for a few weeks till the shrapnelator starts to dish it out and it's pause will be forgotten about in a couple of months. More patience required. If it has been gobbled by the QAA, then for all those wanting to raise the £1M QAA limit - perhaps think twice about that if you want to invest via MLIA in the interim. Further, if it is the QAA wot gobbled it - what an irony - the QAA being designed to improve returns whilst waiting for opportunities-to-invest has resulted in fewer opportunities-to-invest (and reduced returns!). Agree, pepperpot, that it will be forgotten in a couple of months - still frustrating atm though.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 24, 2015 10:01:18 GMT
it's pause will be forgotten about in a couple of months. More patience required. Agree, pepperpot, that it will be forgotten in a couple of months - still frustrating atm though. Forgotten! On this forum! Its like an elephant ... and has a search function  (Maybe, if odd post QAA stuff doesnt keep happening)
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Post by stuartassetzcapital on Sept 24, 2015 10:33:29 GMT
Hi everyone, the loan #198 is coming out today, the new aftermarket system released a couple of weeks caused it to pause the loan instead of automatically coming to market. Further loans (inc one in a few working hours) will come much faster/ instantaneously.
We have c £3m of further draw downs due by c 7th October.
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Post by Deleted on Sept 24, 2015 11:03:53 GMT
Thanks Stuart good to know, thanks for clarifying. but... "We have c £3m of further draw downs due by c 7th October." hard to know how to respond, are you saying AC are going to stick to their dates? Or what? Been waiting 6 to 8 weeks for some of these.... have no real confidence in any improvement in certainty, but if you want us to start measuring you again  |
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SteveT
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Post by SteveT on Sept 24, 2015 11:07:56 GMT
Happily I just bought my full MLIA order of #198 (£500)
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min
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Post by min on Sept 24, 2015 11:17:48 GMT
Happily I just bought my full MLIA order of #198 (£500) Got my £50's worth as well.
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Post by chielamangus on Sept 24, 2015 11:28:35 GMT
Got my £0.01 at 12:05 - none left in market. Curious to know, paul123, why you bid for this one when you don't like it?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 24, 2015 11:35:51 GMT
So got my chunk. GBAA doesnt seem to have got a look in and no funds made into QAA. Ho hum, lets see whether the next one causes a tremor
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kermie
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Post by kermie on Sept 24, 2015 12:18:10 GMT
Crisis averted :-) - I got most of my allocation - unsurprisingly for a small loan, it looks like demand outweighed supply for underwriter's loan parts.
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Post by chielamangus on Sept 24, 2015 12:20:32 GMT
Curious to know, paul123, why you bid for this one when you don't like it? It's my way of "marking" the loan so I know I've looked at and decided "no" to help distinguish it from a loan that I missed or didn't see. It also means that AC will send me updates about the loan that I wouldn't otherwise see which may help me make decisions about the loans I do have (like how AC respond to situations that may arise) or that may make me decide to buy some units in the loan after all. Good reasons. I do wish that AC would allow us to "mark" the loans with our own assessment (e.g Yes, No. Maybe) so that we can manage the portfolio better. If the number of active loans ever increases, then this sort of feature would be essential as we cannot be expected to remember the ins and outs of every loan.
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Post by stuartassetzcapital on Sept 24, 2015 12:42:31 GMT
It's my way of "marking" the loan so I know I've looked at and decided "no" to help distinguish it from a loan that I missed or didn't see. It also means that AC will send me updates about the loan that I wouldn't otherwise see which may help me make decisions about the loans I do have (like how AC respond to situations that may arise) or that may make me decide to buy some units in the loan after all. Good reasons. I do wish that AC would allow us to "mark" the loans with our own assessment (e.g Yes, No. Maybe) so that we can manage the portfolio better. If the number of active loans ever increases, then this sort of feature would be essential as we cannot be expected to remember the ins and outs of every loan. Good call and will add to the list - suspect its already on Good to see everyone mostly happy now !
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Post by chris on Sept 24, 2015 13:05:22 GMT
Good reasons. I do wish that AC would allow us to "mark" the loans with our own assessment (e.g Yes, No. Maybe) so that we can manage the portfolio better. If the number of active loans ever increases, then this sort of feature would be essential as we cannot be expected to remember the ins and outs of every loan. Good call and will add to the list - suspect its already on Good to see everyone mostly happy now ! Yup it's being worked on.
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mikes1531
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Post by mikes1531 on Sept 24, 2015 13:27:51 GMT
Happily I just bought my full MLIA order of #198 (£500) Got my £50's worth as well. Crisis averted :-) - I got most of my allocation - unsurprisingly for a small loan, it looks like demand outweighed supply for underwriter's loan parts. Does anyone know what the allocation rules are? We have reports of £50 and £500 orders filled completely, and a report from kermie that he received "most" of what he asked for. (How much did you ask for, kermie?) I received £721.31909346047749287663 of the £1000 I asked for, i.e. 72.132%. chris: Can you please tell us how the allocations were worked out? Also, does the amount of available cash in an account affect the allocation? For instance, if I had only £800 in my account, would I still have received £721 of the new loan? Or would I have been treated as if I had put in a £800 order?
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mikes1531
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Post by mikes1531 on Sept 24, 2015 13:32:21 GMT
Further loans (inc one in a few working hours) will come much faster/ instantaneously. : Are you referring to #191? Might that draw down today? That loan's page says it won't draw down until tomorrow.
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kermie
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Post by kermie on Sept 24, 2015 13:37:40 GMT
Does anyone know what the allocation rules are? We have reports of £50 and £500 orders filled completely, and a report from kermie that he received "most" of what he asked for. (How much did you ask for, kermie?) I received £721.31909346047749287663 of the £1000 I asked for, i.e. 72.132%. chris: Can you please tell us how the allocations were worked out? Also, does the amount of available cash in an account affect the allocation? For instance, if I had only £800 in my account, would I still have received £721 of the new loan? Or would I have been treated as if I had put in a £800 order? Ditto, mikes1531, I got £721 out of requested £1000. I suspect anyone who wanted less than £721 got their requirement met in full. I *don't* think that the system favours larger lenders here - I believe allocations tend to be done based on "absolute fairness" rather than "relative fairness" - so if anything it favours smaller lenders.
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