mikeb
Posts: 1,072 
Likes: 472
|
Post by mikeb on Oct 14, 2015 18:45:35 GMT
#195, #197 gone ... but where's #196 (Armand Hammer Property @ 11%) -- I had instructions set, it's gone, nothing bought, can't find it anywhere now.
|
|
|
|
Post by pepperpot on Oct 14, 2015 19:58:48 GMT
#195, #197 gone ... but where's #196 (Armand Hammer Property @ 11%) -- I had instructions set, it's gone, nothing bought, can't find it anywhere now. It was pulled, it's in the missing links list but it's no longer working, guides you to room 404. At least there's a brief summary of the reason for pulling it. (Had a target for it too)
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Oct 14, 2015 20:50:02 GMT
I'm assuming 195 is a database / display issue? Otherwise I seem to have found a way to double my money. Which, as a return for being a day late on the draw down, I find a reasonable form of compensation  |
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 15, 2015 2:36:55 GMT
Maximum of 3 days with money waiting doesnt seem unfair. Isn't that the general idea of the 'Underwriting Called' flag? Wasn't the appearance of that supposed to be notice that drawdown was reasonably imminent?
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,334
Likes: 11,558
|
Post by ilmoro on Oct 15, 2015 11:48:29 GMT
#183, 184, 185 EE Beer - pulled as bank holding debt has pulled out, may get relisted under revised terms
|
|
wysiati
Member of DD Central
Posts: 397
Likes: 86
|
Post by wysiati on Oct 15, 2015 13:10:51 GMT
At least you have your high yield bonds.
|
|
|
|
Post by chielamangus on Oct 15, 2015 14:22:39 GMT
Yes, the queue of upcoming loans gets shorter and shorter, and drawdown dates of the remainder get longer and longer. Somebody has decided it's not worth waiting around any longer because I've picked up over £1000 in various loans today, and I presume I am not the only one. But I'm still underinvested and wondering how long this is going to last. Is there any light on the horizon?
|
|
|
|
Post by chris on Oct 15, 2015 14:59:48 GMT
Yes, the queue of upcoming loans gets shorter and shorter, and drawdown dates of the remainder get longer and longer. Somebody has decided it's not worth waiting around any longer because I've picked up over £1000 in various loans today, and I presume I am not the only one. But I'm still underinvested and wondering how long this is going to last. Is there any light on the horizon? There's plenty of light on the horizon but I think the directors are wary of making more public proclamations. Not that we don't believe things are about to turn around and get moving again, but that we've made declarations in the past that we haven't delivered upon. We'd rather deliver and let the results speak for themselves. We've made some very large changes behind the scenes and whilst these have taken longer to implement than we would have liked the results are now starting to be seen. Origination is already 100% higher this month, two weeks in, than any previous month in the companies history with two more weeks left to take that total higher. That will still take time to filter through to drawn loans but there is a ramp up in activity coming through. I'll leave it there as it's down to us to deliver actual drawn loans for you all to invest in rather than give more promises of what may come.
|
|
|
|
Post by Deleted on Oct 15, 2015 15:07:34 GMT
Pictorial representation of AC deal flow ... the shrapnelator is certainly serving up some deals at the moment and I've also reduced my cash to put in other portals, still I see a bunch of loans all going to go live on the last days of October. Now the question is do those loans come within the Directors' new promising rules or are they old style promises?
|
|
|
|
Post by Ton ⓉⓞⓃ on Oct 15, 2015 17:05:11 GMT
@bobo As a Mod I feel I should fix that missing piccy in your post Pictorial representation of AC deal flow ...  the shrapnelator is certainly serving up some deals at the moment and I've also reduced my cash to put in other portals, still I see a bunch of loans all going to go live on the last days of October. Now the question is do those loans come within the Directors' new promising rules or are they old style promises? |
|
mikeb
Posts: 1,072
Likes: 472
|
Post by mikeb on Oct 15, 2015 17:28:46 GMT
#195, #197 gone ... but where's #196 (Armand Hammer Property @ 11%) -- I had instructions set, it's gone, nothing bought, can't find it anywhere now. It was pulled, it's in the missing links list but it's no longer working, guides you to room 404. At least there's a brief summary of the reason for pulling it. (Had a target for it too) Thanks for that -- looked everywhere on AC's site, but nothing. Of course, I should have checked an unofficial but accurate independent place. Silly me  It's good that the improved communications means that lenders were all emailed that this one had been withdrawn. It's good that AC are no longer sweeping dead loans and those still owing pre-drawdown under the carpet, so you can't find them any more. Wow that Spring Clean will be a big job ... next Spring, that is.
|
|
mikeb
Posts: 1,072
Likes: 472
|
Post by mikeb on Oct 15, 2015 17:29:19 GMT
Pictorial representation of AC deal flow ... You're bang on there. Even the tumbleweed isn't moving
|
|
|
|
Post by bracknellboy on Oct 15, 2015 20:05:15 GMT
If I was an AC investor rather than just an AC lender I would be seriously concerned. As a lender I'm just mildly concerned as I worry about platform viability - but of all the platforms I'm involved with AC is the one of those I would have most confidence in would handle a managed wind down if required (integrity), along possibly with FC (size - but frankly regardless of P&L I don't see a short term-medium term risk there due to equity investments).
Even as a lender only, I would be keen to know whether AC is currently a duck, with a shed load of institutional lending on loans we are not seeing going on under the surface. I seriously fear there is not, but would welcome a straight statement on this from AC.
|
|
|
|
Post by Ton ⓉⓞⓃ on Oct 19, 2015 14:55:39 GMT
SV&B #202 is looking like tomorrow (20th Oct 2015 in case anyone asks which tomorrow)
Is this loan eligible for any of the other a/c?
|
|
Steerpike
Member of DD Central
Posts: 1,977
Likes: 1,687
|
Post by Steerpike on Oct 19, 2015 16:43:44 GMT
If I was an AC investor rather than just an AC lender I would be seriously concerned. As a lender I'm just mildly concerned as I worry about platform viability - but of all the platforms I'm involved with AC is the one of those I would have most confidence in would handle a managed wind down if required (integrity), along possibly with FC (size - but frankly regardless of P&L I don't see a short term-medium term risk there due to equity investments). Even as a lender only, I would be keen to know whether AC is currently a duck, with a shed load of institutional lending on loans we are not seeing going on under the surface. I seriously fear there is not, but would welcome a straight statement on this from AC. Yes, as a lender and an investor I can only agree. The natives are getting restless over on Seedrs as well, and no sign yet of a reassuring response from Assetz.
|
|
