archie
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Post by archie on Jun 2, 2016 9:18:02 GMT
See PBL - Tranche increase to PBL060
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Post by GSV3MIaC on Jun 2, 2016 9:21:34 GMT
Yes, you can invest in 60 (tranche2) via the pipeline. Investing in 61 involves managing to buy some on the SM (not easy at the moment). Not sure whether to venture a guess at what might be the upper limit for pipeline allocation .. given that many people already have quite a bit (£3m+) it might not be that popular .. then again, it's the first opportunity to re-invest yesterday's (OK, OK, 'last month's') interest, so maybe it will. I'd guess a few £100 at best. I suppose, since it rolls straight into the existing PBL060, it'll be impossible to tell how many people bought in to the new tranche at launch.
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littleoldlady
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Post by littleoldlady on Jun 2, 2016 9:44:43 GMT
I for one have set my prefund at zero, even though I quite like the loan, as I am already well overweight in it. It's my biggest investment on SS.
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Post by grodecki on Jun 2, 2016 10:19:34 GMT
I'd jumped out of this one as it was due to repay so am pretending 500 quid. Purely as a redistribution of other funds, no further investment at present.
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littleoldlady
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Post by littleoldlady on Jun 2, 2016 10:45:31 GMT
I'd jumped out of this one as it was due to repay What makes you think that?
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jamesc
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Post by jamesc on Jun 2, 2016 11:35:47 GMT
£270 allocation on this one even less than I thought. What a difference six months makes first time around SS had to add CB to get the first Trance away and now the prefund for this small trance would have covered the first trance several times over !!!!
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adrianc
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Post by adrianc on Jun 2, 2016 12:09:29 GMT
I'd jumped out of this one as it was due to repay What makes you think that? The updates on it. 11/5 Expecting repayment from an investment fund soon. 12/4 ...expecting payment of this loan within 1-2 months
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sl75
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Post by sl75 on Jun 2, 2016 12:29:16 GMT
£270 allocation on this one even less than I thought. What a difference six months makes first time around SS had to add CB to get the first Trance away and now the prefund for this small trance would have covered the first trance several times over !!!! Probably a lot of people who, like me, had the automatic pre-fund set up, and didn't notice the additional tranche during the few hours' warning that we had to check our pre-fund targets for that loan were accurate - I already had as much as I wanted, but the auto pre-fund doesn't let you distinguish between new loans and additional tranches of existing loans and/or further loans to the same borrower. As it is, the flurry of activity has been an excellent opportunity to get a new tranche of funds deployed - I might as well hold on to the excess allocations until the next loan is about to draw down.
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mikes1531
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Post by mikes1531 on Jun 2, 2016 14:27:06 GMT
... and now the prefund for this small trance would have covered the first trance several times over !!!! : How do you know what the prefund for this tranche was?
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jamesc
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Post by jamesc on Jun 2, 2016 15:06:31 GMT
Mikes I don't know what the prefund is but I can make an educated guess of at least £4mln
Given the level of allocations were so low, the allocations lead to a minimum of 1720 investors probably closer to 2000 with an average prefund of at least £2000 gives at least £4mln prefund ! All guesswork and estimation but I bet not too far wrong.
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sam i am
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Post by sam i am on Jun 2, 2016 15:13:03 GMT
What makes you think that? The updates on it. 11/5 Expecting repayment from an investment fund soon. 12/4 ...expecting payment of this loan within 1-2 months I fell for that one too. Now I have less in the loan than I would like, especially if it gets rolled over into a DFL.
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bloodycat
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Post by bloodycat on Jun 2, 2016 15:23:40 GMT
Mikes I don't know what the prefund is but I can make an educated guess of at least £4mln
Given the level of allocations were so low, the allocations lead to a minimum of 1720 investors probably closer to 2000 with an average prefund of at least £2000 gives at least £4mln prefund ! All guesswork and estimation but I bet not too far wrong. I think you could be a long way out. There will be a number of smaller investors who asked for less than £270 so got everything they wanted and judging from previous much bigger loans there is a large number typically bidding for £1k or less. Currently I'm only setting prefund levels of £200- £300 on the loans I'm interested in as that is all I can afford from my my current unallocated balance on here and the excess in my current account that's not earning interest. £2K is the most I have ever put into any single loan, usually I stick to £1k.
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Liz
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Post by Liz on Jun 2, 2016 15:45:25 GMT
Mikes I don't know what the prefund is but I can make an educated guess of at least £4mln
Given the level of allocations were so low, the allocations lead to a minimum of 1720 investors probably closer to 2000 with an average prefund of at least £2000 gives at least £4mln prefund ! All guesswork and estimation but I bet not too far wrong. Prefund levels are highly misleading, members prefund far higher than they know they want and what they will get. I do think the point stands that pendulum has swing and cash back is long gone(for now)
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jamesc
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Post by jamesc on Jun 2, 2016 17:10:41 GMT
Mikes I don't know what the prefund is but I can make an educated guess of at least £4mln
Given the level of allocations were so low, the allocations lead to a minimum of 1720 investors probably closer to 2000 with an average prefund of at least £2000 gives at least £4mln prefund ! All guesswork and estimation but I bet not too far wrong. I think you could be a long way out. There will be a number of smaller investors who asked for less than £270 so got everything they wanted and judging from previous much bigger loans there is a large number typically bidding for £1k or less. Currently I'm only setting prefund levels of £200- £300 on the loans I'm interested in as that is all I can afford from my my current unallocated balance on here and the excess in my current account that's not earning interest. £2K is the most I have ever put into any single loan, usually I stick to £1k. bloodycat
you may well be right that there were a lot of smaller punters asking for less than £270 although the numbers on the recent loans would suggest otherwise as most of them have had sub 2000 investors and therefore it is likely that the number for this one would be lower as some investors are already maxed out. We know the number must be more than 1720 due to the allocations. I personally was surprised the allocations were not higher because I thought a lot of investors would opt out of this one, most of the accounts I invest for did not prefund, the only explanation I have is that most people have a pre set prefund and did not change it for this loan. Any way the numbers support my guesstimate for the number of investors give or take.
As to the prefund number I admit that was more of a guess but I suggest a lot of people have their prefunds set high because either for small loans they know they will get a tiny allocation regardless of prefund and for larger loans where there is gaming you will only get a % of what you ask for, plus a few big hitters and I think that the £2000 figure I have used is a good guess and therefore I would be surprised if I am way off. More likely to be too low imho !
Anyway the point I was first trying to make as Liz says is that the pendulum has well and truly swung and no more CB !
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