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Post by dodgeydave on Feb 23, 2016 14:16:31 GMT
How the hell can 20000 pounds just appear on the SM
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ben
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Post by ben on Feb 23, 2016 14:19:07 GMT
How the hell can 20000 pounds just appear on the SM pass but all gone
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mikes1531
Member of DD Central
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Post by mikes1531 on Feb 23, 2016 14:53:11 GMT
How the hell can 20000 pounds just appear on the SM pass but all gone If you have a large account and want £25k of PBL081, and expect the loan to be 4x overfunded, then you put in a pre-fund request of £100k. When the overfunding turns out to be less than you expected, and your allocation is £45k, you end up with £20k more than you want, so you put the £20k excess up for sale on the SM.
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Post by dodgeydave on Feb 23, 2016 22:46:28 GMT
If you have a large account and want £25k of PBL081, and expect the loan to be 4x overfunded, then you put in a pre-fund request of £100k. When the overfunding turns out to be less than you expected, and your allocation is £45k, you end up with £20k more than you want, so you put the £20k excess up for sale on the SM. I understand that. But i thought loans will filled from the bottom up.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 23, 2016 22:48:26 GMT
If you have a large account and want £25k of PBL081, and expect the loan to be 4x overfunded, then you put in a pre-fund request of £100k. When the overfunding turns out to be less than you expected, and your allocation is £45k, you end up with £20k more than you want, so you put the £20k excess up for sale on the SM. I understand that. But i thought loans will filled from the bottom up. Are you talking about PBL82 (Peterborough Loan)?
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Post by dodgeydave on Feb 23, 2016 22:57:32 GMT
I understand that. But i thought loans will filled from the bottom up. Are you talking about PBL82 (Peterborough Loan)? No. As the thread says PBL081. How can someone dump 20k on the SM when i had my allocation reduced. And no i was not gaming the system. I only wanted 1k Sorry but i have a stupid American keyboard no pound sign
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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 23, 2016 23:02:16 GMT
Are you talking about PBL82 (Peterborough Loan)? No. As the thread says PBL081. How can someone dump 20k on the SM when i had my allocation reduced. And no i was not gaming the system. I only wanted 1k Sorry but i have a stupid American keyboard no pound sign As I travel to the US a fair bit, I have learnt to use "Alt+0163" to get me my £ sign  ! PBL081 was not bottom up; everyone got allocated a percentage of their preferred allocation. Someone gamed the system to the max and just dumped the difference onto the SM There is no doubt that gaming needs to be eradicated (terminated as my avatar would say!) by SS.
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mikes1531
Member of DD Central
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Post by mikes1531 on Feb 24, 2016 3:16:36 GMT
Someone gamed the system to the max and just dumped the difference onto the SM If they really put in a maximum pre-fund, they might have had more than £20k surplus -- a £250k pre-fund would have been allocated about £110k. The max had been £250k, but that limit might have been removed when SS changed the max to match every individual investor's account size. (And my account isn't big enough to see whether the drop-down list might go beyond £250k now!  )
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adrianc
Member of DD Central
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Post by adrianc on Feb 24, 2016 8:15:36 GMT
Sorry but i have a stupid American keyboard no pound sign Perfectly decent quality USB UK keyboards start at less than a fiver, delivered, on Amazon or eBay.
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Post by dodgeydave on Feb 24, 2016 8:25:54 GMT
Sorry but i have a stupid American keyboard no pound sign Perfectly decent quality USB UK keyboards start at less than a fiver, delivered, on Amazon or eBay. Thanks . But i live in Thailand . The stupid keyboard i will tolerate a while longer
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adrianc
Member of DD Central
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Post by adrianc on Feb 24, 2016 8:29:30 GMT
Perfectly decent quality USB UK keyboards start at less than a fiver, delivered, on Amazon or eBay. Thanks . But i live in Thailand . The stupid keyboard i will tolerate a while longer I have a mate in the embassy in Bangkok. We might be able to sneak something in in the diplomatic bag...
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Post by dodgeydave on Feb 24, 2016 8:43:07 GMT
Thanks . But i live in Thailand . The stupid keyboard i will tolerate a while longer I have a mate in the embassy in Bangkok. We might be able to sneak something in in the diplomatic bag... I will let you know when i need to renew my passport . But a suitcase of new 50 pound notes would be handy thanks
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Liz
Member of DD Central
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Post by Liz on Feb 24, 2016 9:00:16 GMT
Another £10k put on the SM.
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beechside
Member of DD Central
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Post by beechside on Feb 24, 2016 9:14:51 GMT
But a suitcase of new 50 pound notes would be handy thanks Always happy to oblige. Use it with wisdom, Grasshopper. . . Attachments:
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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 24, 2016 9:23:43 GMT
But a suitcase of new 50 pound notes would be handy thanks Always happy to oblige. Use it with wisdom, Grasshopper. . . is busy at the moment.... doing important stuff in Thailand..... But you can send that briefcase to me and I will look after it for him..... 
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