oldgrumpy
Member of DD Central
Posts: 5,087 
Likes: 3,233
|
Post by oldgrumpy on Mar 25, 2016 13:09:58 GMT
Submarine reactor!!! A baby sardine saw her first submarine: She was scared and watched through a peephole. "Oh, come, come, come," Said the sardine's mum, It's only a tin full of people."  By Spike |
|
|
|
Post by mybridgingloan on Mar 25, 2016 15:38:58 GMT
Disagree with the feast/famine comments. Even after a famine, copious amounts of swill will not necessarily hit the spot. Nice
|
|
|
|
Post by bracknellboy on Mar 25, 2016 22:45:57 GMT
Rolls Royce are trying to get the Government interested in a network of much smaller (and cheaper) nuclear facilities based around their submarine reactor technology. Still might be a little too chunky for P2P-backed financing though  Modular reactor technology could well be the future. Though I'm far from convinced that RR will be the winner in that market if it does prove to be so. The advantages of this approach is economy of production scale i.e. productionise a one off proven design / technology. Given the way technology is currently going, I tend to think that giving the go-ahead on v. large scale one off reactors is poor decision making: better to give the go ahead for e.g. gas fired which are relatively cheap and quick to stand up to plug the looming UK generation gap while watching developments in the modular nuclear space. Hinckley C is rapidly looking like the worst combination of economic madness, large infrastructure massive schedule overrun, and risk (see finland and others with same design) that you can imagine.
|
|
registerme
Member of DD Central
Posts: 6,624
Likes: 6,437
|
Post by registerme on Mar 26, 2016 1:00:46 GMT
Others being France.
|
|
duck
Member of DD Central
Posts: 2,880
Likes: 6,965
|
Post by duck on Mar 26, 2016 7:25:16 GMT
Rolls Royce are trying to get the Government interested in a network of much smaller (and cheaper) nuclear facilities based around their submarine reactor technology. Still might be a little too chunky for P2P-backed financing though Modular reactor technology could well be the future. Though I'm far from convinced that RR will be the winner in that market if it does prove to be so. The advantages of this approach is economy of production scale i.e. productionise a one off proven design / technology. Given the way technology is currently going, I tend to think that giving the go-ahead on v. large scale one off reactors is poor decision making: ... The winners as things currently stand will probably be the Americans and as somebody who has spent a lot of his working life with nuclear reactors/projects - all new build sites (inc Hinckley C!), operating stations, submarines and waste clean up - this is not a prospect that we should be relishing. Hinckley C is the wrong reactor, look at the issues at Flamanville and Olkiluko (Finland), there were and are better designs. EDF is in serious trouble (made to buy Areva recently) but our Politicians are beholden to them so the UK energy security is dependant on the French Government! Why do EDF have such a strong hold in the UK, well if I was a conspiracy theorist I might point out that Gordon Browns brother was Head of International Communications for EDF when they were made the preferred (and therefore only) bidder when British Energy was 'sold' at a very low price ..... (interesting how the G'ment forced down the Share Price of BE for the sale!) But I'm not a conspiracy theorist, just a nuclear engineer 
|
|
|
|
Post by chris on Mar 26, 2016 9:46:10 GMT
samford71 - institutions cannot sell their holdings on the platform as things currently stand. They do not use the client money bank account, instead having their own banking structure, so the two cannot intermingle.
|
|
agent69
Member of DD Central
Posts: 6,051
Likes: 4,440
|
Post by agent69 on Mar 27, 2016 18:00:22 GMT
253 - another pub / restaurant / hotel just appeared (Due to draw down on 30th). £200K needed to refurb some of the bedrooms.
Security is second charge over the owners house. Not certain why the hotel isn't offered as security.
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Mar 28, 2016 10:33:28 GMT
253 - another pub / restaurant / hotel just appeared (Due to draw down on 30th). £200K needed to refurb some of the bedrooms. Security is second charge over the owners house. Not certain why the hotel isn't offered as security. Reading between the lines they've got a mortgage on the hotel at favourable rates. Either there's not enough equity in the hotel to support the loan (take out the intangibles and the NAV is not very large) or they don't want to put the mortgage at risk. I'd like to know more about the current borrowings and the balance sheet. (£80,000 p.a. seems to lot for a thirty year old business to be paying the bank.)
|
|
|
|
Post by crabbyoldgit on Apr 1, 2016 5:01:47 GMT
Well looks like 252 did not draw down on 31 03 so i guess they have incured their substantial tax hit , i wonder what went wrong with i guess something on the legals side , also 246 is now very late.I accept drawdown dates are an estamate but a little news from ac about what is going on would be nice.Return of funds on 46 did not happen as announced.I starting to think if the qaa is running low on available cash to underwrite new loans hence the interest fate hike to attract new money and the underwriters can not move on new loans fully on the sm and free funds for new loans, ac may face a different kind of liquidity problem.What a change in only 2 or so weeks in the market conditions maybe im lookings for problems got a bit of the black dog about my thoughts.
|
|
|
|
Post by crabbyoldgit on Apr 22, 2016 17:55:19 GMT
Underwritting called on 4 loans ,3 to draw down today??? !!!!,shuffling funds at vast speed where did that come from.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Apr 22, 2016 18:42:11 GMT
Underwritting called on 4 loans ,3 to draw down today??? !!!!,shuffling funds at vast speed where did that come from. Did anyone notice when those appeared on the website? The email I received announcing them was sent at 1820. If any did draw down today, I guess the funding must have come from the QAA or institutions.
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Apr 22, 2016 18:51:02 GMT
They weren't there at 6:20am... Can't comment beyond that. For 268... Why does it reference all the properties owned by the borrower when the security only covers two? I get the 'shows income' but as there isn't a personal guarantee I'm not sure that it really helps? What am I missing? Also.... 3x properties on a Friday evening with minimal notice... Not good chris I thought you suggested some potential minimum lead times? |
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
Post by star dust on Apr 28, 2016 21:48:16 GMT
#267 seems to have gone live, but despite having a buy order and money in my account I've got zip. I'm sure it wasn't live yesterday, but maybe I missed it. Does anyone know when it went live or what the allocation was?
|
|
|
|
Post by crabbyoldgit on Apr 28, 2016 22:05:23 GMT
Me to, 267 gone from upcomming loans , money available but naff all.
|
|
|
|
Post by pepperpot on Apr 28, 2016 22:39:03 GMT
23.09pm allocated £214.74. Seems a bit stingy for a £371k loan, managed accounts had a good bite? Or has the 3% cash back inflated lender numbers and there's many more mouths to feed.
|
|
