agent69
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Post by agent69 on Mar 4, 2016 17:46:48 GMT
Don't forget 240. A chunky 9.5%, although 'the asset quality here is acknowledged to be relatively basic' (whatever that means).
Can anyone work out where the original debt came from. Did they borrow £750k many years ago to finance the purchase of properties now worth £708k?
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am
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Post by am on Mar 4, 2016 18:27:16 GMT
Don't forget 240. A chunky 9.5%, although 'the asset quality here is acknowledged to be relatively basic' (whatever that means).
Can anyone work out where the original debt came from. Did they borrow £750k many years ago to finance the purchase of properties now worth £708k? 238 seems familiar. Have the documents been on AC for a while, or have I seen it elsewhere? Update: it must have been on AC for a while - I recognise the details, and no one else puts in that much detail.
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jonah
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Post by jonah on Mar 7, 2016 15:54:10 GMT
Woo... Another WT has emerged from the AC pipeline. Has a target of Wednesday to draw down. Those folk with idle cash in GIEA will hopefully get a piece and I assume some will be on the mlia also.
Now just to work out if I should set a target...
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Post by crabbyoldgit on Mar 10, 2016 8:30:44 GMT
New wt did not attain sufficient rotational propeller speed to take off on schedule yesterday.No update so i guess it will be later today.Hope this performance issue does not result in longer time output issues as in so many others.
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Post by lynnanthony on Mar 10, 2016 17:24:24 GMT
241 Wind Turbine has drawn down. Got £1260.10
(Edit, just realised that represents all the cash I had available at the time of drawdown, so likely the max was greater.)
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registerme
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Post by registerme on Mar 10, 2016 17:29:43 GMT
What was interesting about the new wind turbine was that I asked for £1000 and got £999.9999999999999999999999999999999999900000. chris, I can see why you can get funky numbers post the decimal point as you pick up shrapnel on MLIA, but on a new loan draw down that strikes me as a bit odd. Am I missing something? |
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oldgrumpy
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Post by oldgrumpy on Mar 10, 2016 17:30:39 GMT
It seems the spread of demand was limited, with only 20% goung to MLIA, yet £1260.10 being allocated (my request was a bit under that so I got my full dose).
With so many prospective loans being 7%-9% I would have thought more would have gone to this (one of the last?) wind turbines at 9.75% as a useful cash holding investment, fairly easily tradeable.
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oldgrumpy
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Post by oldgrumpy on Mar 10, 2016 17:33:17 GMT
What was interesting about the new wind turbine was that I asked for £1000 and got £999.9999999999999999999999999999999999900000. chris , I can see why you can get funky numbers post the decimal point as you pick up shrapnel on MLIA, but on a new loan draw down that strikes me as a bit odd. Am I missing something? Really registerme ! Do I need to do it for you? You are missing £0.000000000000000000000000000000000001 !  (I charge 10% for accountancy fees).
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Post by chris on Mar 10, 2016 17:33:31 GMT
What was interesting about the new wind turbine was that I asked for £1000 and got £999.9999999999999999999999999999999999900000. chris, I can see why you can get funky numbers post the decimal point as you pick up shrapnel on MLIA, but on a new loan draw down that strikes me as a bit odd. Am I missing something? on the road (stopped at service station) so hard to explain fully but you don't hold £1000 of the loan. The system stores it as the decimal fraction of the loan - I.e. £1000 / loan amount. In this instance that fraction most likely won't round out to a nice even amount so the system can't accurately represent £1000 interested in the loan. You will only have been billed for the amount it can represent.
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Post by bracknellboy on Mar 10, 2016 17:36:04 GMT
What was interesting about the new wind turbine was that I asked for £1000 and got £999.9999999999999999999999999999999999900000. chris , I can see why you can get funky numbers post the decimal point as you pick up shrapnel on MLIA, but on a new loan draw down that strikes me as a bit odd. Am I missing something? Really registerme ! Do I need to do it for you? You are missing £0.000000000000000000000000000000000001 ! (I charge 10% for accountancy fees). : does that mean you have just earned £0.0000000000000000000000000000000000001 or £99.9999999999999999999999999999999999900000 in fees.
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oldgrumpy
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Post by oldgrumpy on Mar 10, 2016 17:40:47 GMT
registerme Pay up. Do not pass Go. (better hold on - Brackers has discovered a legal technicality - I'd better let you off  ) (Just noticed my allocation has been billed similarly short, but as I asked for £1200, my account goes to 36 dp rather than 35 (before the zeros start). Brackers, what's your fee for informing me of what I am owed?
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max
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Post by max on Mar 10, 2016 18:27:19 GMT
What was interesting about the new wind turbine was that I asked for £1000 and got £999.9999999999999999999999999999999999900000. chris, I can see why you can get funky numbers post the decimal point as you pick up shrapnel on MLIA, but on a new loan draw down that strikes me as a bit odd. Am I missing something? on the road (stopped at service station) so hard to explain fully but you don't hold £1000 of the loan. The system stores it as the decimal fraction of the loan - I.e. £1000 / loan amount. In this instance that fraction most likely won't round out to a nice even amount so the system can't accurately represent £1000 interested in the loan. You will only have been billed for the amount it can represent. well done!
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Post by crabbyoldgit on Mar 11, 2016 18:48:26 GMT
As an extremely modest investor up to now i have never failed to get my full requested allocation of loan parts in a new loan , so my not getting £50 in 242 today was a shock, i was a bit hot and cold over this one but it must be better than i understand £49.25 that missing 75p is going to erk.Somebody put a old crustation out of his misery go on sell me that 75p.  |
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Post by crabbyoldgit on Mar 11, 2016 18:55:37 GMT
Hang on i see loads of loan parts available maybe i did not have enough dosh , sorry will go away and hide  ,um but that means maybe my cool response to this loan is shared by many and ive made a mistake.ON the other hand the lack of any choice to invest in, stagnant after market feels on long time ago so we will see. |
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Post by Ton ⓉⓞⓃ on Mar 11, 2016 18:56:00 GMT
As an extremely modest investor up to now i have never failed to get my full requested allocation of loan parts in a new loan , so my not getting £50 in 242 today was a shock, i was a bit hot and cold over this one but it must be better than i understand £49.25 that missing 75p is going to erk.Somebody put a old crustation out of his misery go on sell me that 75p. It might be an idea to keep your target set to £50 as some may sell out seeing such as a small allocation. But it might also be that there are still u/wers to sell... my target was £500 but I didn't have that amount available.
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)
,um but that means maybe my cool response to this loan is shared by many and ive made a mistake.ON the other hand the lack of any choice to invest in, stagnant after market feels on long time ago so we will see.
