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Post by supernumerary on Sept 18, 2015 7:56:01 GMT
Yesterday, there were 4,446 investors who had signed up with Saving Stream since launch. Today that figure is 4,521, an increase of 75 in one day... The amount of money needed to fund these loans, are substantially increasing Saving Streams investor numbers. With the amount still available to fund currently at £870,090.57, it will be interesting to see what the investor numbers are, when this loan is fully funded. So the average investment is in the region of £10k then? c£44m / 4,500 investors. This morning the amount available to fund is £694,840.43. So, as you have calculated, that "...the average investment is in the region of £10k...", all that is needed is for 70 new investors join Saving Stream to put ALL their 'average investment' of £10,000 into fund this loan and it will be FULLY funded... However, if the new Saving Stream lenders will only fund individual loans to a 10% max of their 'average £10k' Saving Stream holdings, then it follows, that 700 new Saving Stream lenders will be required. If around 70 new lenders are potentially joining per day, that would then take another 10 days based on those averages, assuming ALL existing lenders have fully exhausted their funding for this loan...
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Investor
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Post by Investor on Sept 18, 2015 10:32:44 GMT
In case anyone is interested, this is the graph of average investor holdings for the last year+ I can think of 117 reasons why this is inaccurate/non-representative/irrelevant, if you can think of a new unique reason (no 118) please let me know  |
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jonah
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Post by jonah on Sept 18, 2015 11:07:54 GMT
In case anyone is interested, this is the graph of average investor holdings for the last year+ I can think of 117 reasons why this is inaccurate/non-representative/irrelevant, if you can think of a new unique reason (no 118) please let me know Shows growing confidence in the platform to me.
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webwiz
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Post by webwiz on Sept 18, 2015 11:12:30 GMT
What is the y axis scale?
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Investor
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Post by Investor on Sept 18, 2015 11:15:11 GMT
What is the y axis scale? ? GBP
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Investor
Member of DD Central
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Post by Investor on Sept 18, 2015 11:17:29 GMT
In case anyone is interested, this is the graph of average investor holdings for the last year+ I can think of 117 reasons why this is inaccurate/non-representative/irrelevant, if you can think of a new unique reason (no 118) please let me know Shows growing confidence in the platform to me. Combination of that and the opportunities for investment. I have a separate graph that shows how much is 'available' and that tends to run close to zero, not withstanding the last few days since pebble 58 launched
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jonah
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Post by jonah on Sept 18, 2015 14:01:18 GMT
Over 100k bought up in the last hour or so, including 90k 160k from one investor. Now under half a mill left. What looks to be the same investor has bought another 50k. That makes at least 210. If he / she is follow FC style diversification rules, I shudder to think of the over investment pot. However, good to see the platform turn over continue.
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SteveT
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Post by SteveT on Sept 20, 2015 7:04:22 GMT
Just £260k left now ...
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alan
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Post by alan on Sept 20, 2015 7:41:46 GMT
Some time last night it was the only one available. Green at the top and the rest all white!
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webwiz
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Post by webwiz on Sept 20, 2015 12:25:32 GMT
SS say they have full underwriting in place for this loan, so I suppose it will draw down when the borrower needs the cash whether it has filled or not. If so what happens then? I presume that some of the outstanding amount has been put there on the SM. Do the underwriters buy that as well as any that was never taken up? Is there any way to tell how much of "Available" is SM?
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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 20, 2015 14:08:16 GMT
SS say they have full underwriting in place for this loan, so I suppose it will draw down when the borrower needs the cash whether it has filled or not. If so what happens then? I presume that some of the outstanding amount has been put there on the SM. Do the underwriters buy that as well as any that was never taken up? Is there any way to tell how much of "Available" is SM? Not sure what SS UW model is. Could either be UW prefund all loans in advance so the cash is available when required and what happens on the actually SS market doesnt impact this. In effect, we are taking the UW out on the platform and its their units available for sale in the majority. Also whether they are required to offer all or part of holding to investors. This is the AC model. Alternative, is that UW just agree to acquire any unsubscribed amounts at drawdown and then can hold or sell at their discretion. This is the Ablrate model AFAIUI Always assumed it was the former as lender units take priority over UW on SM which implies they already hold the units at launch rather than acquiring the residual amount. Not aware of any way of determining what is UW & what is lender availability. More complicated now with PF where large chunks are released onto market when not funded. Generally, when this happened before it was assumed that SS were stage releasing UW funds on to the market to encourage liquidity on big loans (ie manage supply to ramp demand) now it is less clear
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jimbob
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Post by jimbob on Sept 21, 2015 11:13:33 GMT
1st post, and I've decided to dip my toes into p2p investing with 50 in this investment and 50 in the Scottish land ! Does that sound sensible ? Will make more investments as I see the interest start to return  |
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adrianc
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Post by adrianc on Sept 21, 2015 11:22:23 GMT
"50"?
Fifty quid?
Fifty grand?
50%?
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jimbob
Member of DD Central
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Post by jimbob on Sept 21, 2015 11:25:14 GMT
£50 - like I said - toe dipping !
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SteveT
Member of DD Central
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Post by SteveT on Sept 21, 2015 11:30:58 GMT
We'll warn the underwriters...!
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