cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Feb 8, 2016 11:23:27 GMT
Allocation Day!
Drumrole please
Our allocation is.........
PBL75 - £180.00 (@ 11:20)
PBL76 - £270.00 (@ 13:10)
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SteveT
Member of DD Central
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Post by SteveT on Feb 8, 2016 11:34:38 GMT
Payday! Drumrole please Our allocation is......... PBL75 - £180.00 (Paid @ 11:20am) PBL76 - TBC Haven't you got that a bit backwards? We pay them for new loan-parts, not the other way around ... not that these 2 are going to mean breaking the piggy bank.
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Post by xyon100 on Feb 8, 2016 11:36:18 GMT
Yup, £180 here too from a request for £5000. I have still no idea how they work this.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Feb 8, 2016 11:37:27 GMT
Payday! Drumrole please Our allocation is......... PBL75 - £180.00 (Paid @ 11:20am) PBL76 - TBC Haven't you got that a bit backwards? We pay them for new loan-parts, not the other way around ... not that these 2 are going to mean breaking the piggy bank. Your quite right! Original post & title has been changed I knew they where going to be tiddlers, but I wasn't exspecting them to be this small.
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spyrogyra
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Post by spyrogyra on Feb 8, 2016 11:39:17 GMT
It looks like everybody got £180 irrelevant of the pre-funding requests (as long as >£180)
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treeman
Member of DD Central
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Post by treeman on Feb 8, 2016 11:40:01 GMT
well ..... 1829 investors for PBL75 - a new high I think.
Pre-funds maybe need some sums and a re-jig!
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Feb 8, 2016 11:41:29 GMT
Yup, £180 here too from a request for £5000. I have still no idea how they work this. For all loans less than £1,000,000 everybody gets an equal share, unless your indicated prefunding amount is less. Basically all you setting in the prefunding is your maximum that your willing to invest in that loan.
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Post by GSV3MIaC on Feb 8, 2016 11:48:03 GMT
Obviously they changed the rounding this time (last time they worked to the nearest £100, this time it looks like £10 or maybe £20). Ah well, be be grateful for small crumbs I guess, but it isn't going to generate much of a selling spree.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Feb 8, 2016 12:01:31 GMT
Obviously they changed the rounding this time (last time they worked to the nearest £100, this time it looks like £10 or maybe £20). Ah well, be be grateful for small crumbs I guess, but it isn't going to generate much of a selling spree. Also, there are other loans being repaid this month so things might get worse before they get better. We definitely need to see some of those big loans come through. SM has been active though. Got some snippets of some decent loans in the past hour.
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Feb 8, 2016 12:08:35 GMT
Well I've got Frances Adams so far with the few tries I have had (with updated method!). I will not be trying 50 times in the next day, and have to prove 50 times that I am not a robot for the privilege (so that increases your chances ). ABL will be getting some of my SS money today.
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awk
Posts: 276
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Post by awk on Feb 8, 2016 12:47:34 GMT
Were we expecting this to be a 6 month (182 days to go) loan? I hadn't registered that
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Post by dodgeydave on Feb 8, 2016 12:51:27 GMT
Why would anyone just buy PBL75 and then resell it ?
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ben
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Post by ben on Feb 8, 2016 12:51:37 GMT
few people selling the new one already I would have thought with amount that got nobody ended up with more then they wanted
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Post by red_panda on Feb 8, 2016 12:54:45 GMT
small investors that just needed to reinvest their interest which was likely <180 , hence need to sell the difference between interest(available funds) and the prefunded part ?
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Feb 8, 2016 12:54:54 GMT
Why would anyone just buy PBL75 and then resell it ? They're just playing the game. They probably just have a single prefunding for all pipeline loans, and decide whether they want to keep the loans when they come through. With the SM being so liquid (and in any case the new loans are going to be popular on the SM) they can afford to do so.
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