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Post by GSV3MIaC on Jul 31, 2015 7:52:49 GMT
Bidbots choked maybe? Plus these were rolled out late, so maybe Joe public was not looking at their screens. Surprised autobid hasn't chewed on them much though .. Maybe most punters never set a bid rate for Es? Given the SM is full of parts selling at 18% or so, maybe the big flippers lost interest.. Never can find one to ask when you want one. 8>. As a meaningful (multiple) bidbot and flipper what would be your answer? My bidbots have plenty of capacity, thanks, but as you will perhaps have noticed they are throttled to only buy max £600 of any E (which are then promptly listed for sale at a fairly small margin. I'd be happy to keep £100 maybe in each of dozens of Es, for at least a few months, but there are not dozens available yet). The 'choked' ones I was referring to are ba**z et al (including a few new joiners) who seemed to want 20%-100% of any new E, at 18.2%. I did have my bots told to start at 18.2% (since starting any higher meant they'd be knocked out before they noticed - everyone else was piling in at 18.2% from the get-go), but that instruction expires on 01/Aug/2015, at which time I expected the 'first month dust' might have cleared a bit and more orderly auctions might ensue. I may have been off by a day. 8>. Yes, All Es so far have looked dodgy for one reason or another to various degrees, however diversification should still work as long as you diversify across the Es (and maybe 1% is too high, whereas for property loans it is perhaps too low).
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blender
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Post by blender on Jul 31, 2015 8:54:56 GMT
Gratuitous mental image of GSV instructing his bidbots (click on image).  |
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Post by GSV3MIaC on Jul 31, 2015 14:27:54 GMT
The word I actually used was 'recompiled', not 'defaulted', but yeah, you get the idea. 8>.
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Post by goldservice on Aug 4, 2015 16:50:19 GMT
14669E was drawn down this afternoon. Some of my parts seem to have accrued a month's interest already. Should I sell them now? The first scheduled repayment date is 31/8/15. Extract from Sell individually tab:
9274989 Expansion and Growth 14669 E 60 £20.04 18.2%
9274990 Expansion and Growth 14669 E 60 £20.04 18.2%
9274991 Expansion and Growth 14669 E 60 £20.30 18.2%
9274992 Expansion and Growth 14669 E 60 £20.30 18.2%
9274993 Expansion and Growth 14669 E 60 £20.04 18.2%
9274996 Expansion and Growth 14669 E 60 £20.30 18.2%
9274997 Expansion and Growth 14669 E 60 £20.30 18.2%
9274998 Expansion and Growth 14669 E 60 £20.04 18.2%
9274999 Expansion and Growth 14669 E 60 £20.30 18.2%
9275000 Expansion and Growth 14669 E 60 £20.04 18.2%
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Post by GSV3MIaC on Aug 4, 2015 19:43:13 GMT
Well it would be interesting to try, as long as it doesn't (further) foul up the SM systems. Place your bets on what you'll actually get (and how the transaction report will show it) .. Oh, and of course bets on whether anyone will actually be able to see them to buy them.
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fasty
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Post by fasty on Aug 4, 2015 22:49:03 GMT
Why does the recently published blog show a graph implying a 19.8% yield for "E" loans? I thought that they had all landed with a bump at 18.2% so far. Is this some Fiendishly Complicated calculation that is beyond my simple mind?
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sl75
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Post by sl75 on Aug 4, 2015 22:56:38 GMT
Why does the recently published blog show a graph implying a 19.8% yield for "E" loans? I thought that they had all landed with a bump at 18.2% so far. Is this some Fiendishly Complicated calculation that is beyond my simple mind? My calculator tells me that 18.2% "simple interest" paid monthly equates to a 19.8% annualised yield.
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fasty
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Post by fasty on Aug 4, 2015 23:01:03 GMT
Why does the recently published blog show a graph implying a 19.8% yield for "E" loans? I thought that they had all landed with a bump at 18.2% so far. Is this some Fiendishly Complicated calculation that is beyond my simple mind? My calculator tells me that 18.2% "simple interest" paid monthly equates to a 19.8% annualised yield. Ahh, thank you. I should have spotted that.
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Post by ratrace on Aug 6, 2015 16:10:42 GMT
lts fill your boots time.
A £104,000 E loan has just turned up.
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SteveT
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Post by SteveT on Aug 6, 2015 16:46:38 GMT
lts fill your boots time. A £104,000 E loan has just turned up. Could this be the first E that fails to finish fully filled at MBR...?
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Post by ratrace on Aug 6, 2015 17:03:53 GMT
lts fill your boots time. A £104,000 E loan has just turned up. Could this be the first E that fails to finish fully filled at MBR...? l think its highly unlikely,with the demand been what it is for E loans and its already 39% full. But with it been a £104,000 loan it gives you more of a fighting chance to get some money in it before its filled up.
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Post by goldservice on Aug 6, 2015 17:35:57 GMT
Furiously Crunching's stats [edit:in the weekly lending review] say that 17 E loans were launched in w/b 27 July but I take whatever Faintly Credible says with a pinch of Free-running Cerebos. I had my laptop set to squawk loudly whenever one appeared but caught only 12. The loan book won't tell me what the other five were. Can anyone add to these:
14694 14674 14669 14645 14633 14586 14611 14560 14584 14555 14548 14532?
Nine of these have already been accepted. Incidentally, out of about 40 that I've bid on since 1 July, only one has been rejected so far.
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Post by GSV3MIaC on Aug 6, 2015 19:57:09 GMT
Perchance they were (and went as) WLs, which you can only see by downloading the statistics report and peering through it? WLs have been running at 50% of the total recently, so if there were only 5, vs the 12 you saw, they were short-changed on Es.
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TitoPuente
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Post by TitoPuente on Aug 7, 2015 12:11:59 GMT
Furiously Crunching's stats [edit:in the weekly lending review] say that 17 E loans were launched in w/b 27 July but I take whatever Faintly Credible says with a pinch of Free-running Cerebos. I had my laptop set to squawk loudly whenever one appeared but caught only 12. The loan book won't tell me what the other five were. Can anyone add to these: 14694 14674 14669 14645 14633 14586 14611 14560 14584 14555 14548 14532? Nine of these have already been accepted. Incidentally, out of about 40 that I've bid on since 1 July, only one has been rejected so far. Pardon my technical ignorance, but how do you make your laptop squawk when an E loan appears? Is there a setting or alert that I am not aware of or you run a script or some type of bot?
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sl75
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Post by sl75 on Aug 7, 2015 13:45:52 GMT
Pardon my technical ignorance, but how do you make your laptop squawk when an E loan appears? Is there a setting or alert that I am not aware of or you run a script or some type of bot? Whilst I can't comment on how goldservice does it, one way is to use a browser plugin like Check4Change, and have it monitor a part of a web page that will change when a new E loan appears.
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