GeorgeT
Member of DD Central
Posts: 1,322 
Likes: 1,576
|
Post by GeorgeT on Jun 25, 2017 21:54:55 GMT
I've had a productive evening on the SM. Picked up more of PBL178, PBL179 and DFL028. Very sought after in my eyes and no doubt the seller was delighted to make such fast sales.
#SMworkingforbuyersandsellers
|
|
|
|
Post by chielamangus on Jun 26, 2017 7:48:05 GMT
I've had a productive evening on the SM. Picked up more of PBL178, PBL179 and DFL028. Very sought after in my eyes and no doubt the seller was delighted to make such fast sales. #SMworkingforbuyersandsellers Is GeorgeT a real person? Sounds just like a publicity machine.
|
|
|
|
Post by Deleted on Jun 26, 2017 7:52:41 GMT
I've had a productive evening on the SM. Picked up more of PBL178, PBL179 and DFL028. Very sought after in my eyes and no doubt the seller was delighted to make such fast sales. #SMworkingforbuyersandsellers Is GeorgeT a real person? Sounds just like a publicity machine. I'm just relieved we don't get a running commentary on the rest of his life the way we do with his buying and selling activities. I bought £1.46 of DFL007 the other day by the way!! Does anyone care? Thought not 😎
|
|
GeorgeT
Member of DD Central
Posts: 1,322
Likes: 1,576
|
Post by GeorgeT on Jun 26, 2017 9:42:40 GMT
Investors can't get enough of PBL 168 it seems. Already today one investor has taken a 10k bite and another investor has taken a 5K bite and other investors have taken 3 figure sums as well. It really is a flyer at the moment that one.
Monday is always the best day on the secondary market for buyers and today is looking like no exception.
By the way folks I am aware of this information because I sold some of my own loan parts in the cement this morning and went on to study the activity that had triggered it. My loan parts were listed for sale on 15th of June and accordingly I am able to advise that my time to sell out of that one was 11 days. With SM activity on the increase I would expect the time to sell out to reduce on that one now.
|
|
mosaic
Member of DD Central
Posts: 69
Likes: 57
|
Post by mosaic on Jun 26, 2017 11:52:45 GMT
Is there a point? Perhaps a diary blog may be more appropriate.
|
|
|
|
Post by lendinglawyer on Jun 26, 2017 14:22:36 GMT
Looks like PBL168 is the longest available 12%-er. Is it too soon to be predicting that 250 days is the new 300 days?!
|
|
|
|
Post by lendinglawyer on Jun 26, 2017 14:50:30 GMT
Looks like PBL168 is the longest available 12%-er. Is it too soon to be predicting that 250 days is the new 300 days?! It would be encouraging if it were... or do you mean 300 is the new 250? Nope, I meant that the number is coming down, such that a loan like PBL168 could be upgraded to high class despite not having been so a couple of days ago. If you believe in such things, of course.
|
|
GeorgeT
Member of DD Central
Posts: 1,322
Likes: 1,576
|
Post by GeorgeT on Jun 26, 2017 16:06:10 GMT
While PBL168 isn't 'high class' it could well be in a week's time. As has already been pointed out, with 285 days to run this is now the longest dated 12%er with general, rather than occasional, availability. I wouldn't be at all surprised to see it disappear from the SM altogether in the next few days. There's already only £27k available and it's falling. Once it goes off the SM it becomes high class because it means it will be in high demand, saleable within hours, if not minutes.
LY shut off the pipeline a week ago and it's having the expected effect. Supply and demand is rebalancing, albeit slowly. With an interest run due on Saturday, we could well see 200 days+ once again becoming in-demand loans and any 250 day+ers selling in a flash.
The sands are shifting once again and in the right direction because it means people will be able to hold their loan parts for longer, with relative safety.
|
|
ped
Member of DD Central
Posts: 255
Likes: 84
|
Post by ped on Jun 26, 2017 17:46:46 GMT
Last month 6 loans repaid giving back approx 6M, this month 1 loan under @400k.
Watched the SM after interest run last month and it dropped but only by a small amount before growing to the 8Mil peak. I can see it taking months before we are back to slim pickings again. It will be very interesting if J** repay's in a few weeks, I say if...
|
|
|
|
Post by mrg on Jun 27, 2017 9:26:21 GMT
Last month 6 loans repaid giving back approx 6M, this month 1 loan under @400k. Watched the SM after interest run last month and it dropped but only by a small amount before growing to the 8Mil peak. I can see it taking months before we are back to slim pickings again. It will be very interesting if J** repay's in a few weeks, I say if... Why would J** repay in a few weeks? "We have been advised the sale has been agreed. Expecting full payment within the next 2 months."
|
|
stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,447
Likes: 945
|
Post by stub8535 on Jun 27, 2017 9:48:54 GMT
Nope, I meant that the number is coming down, such that a loan like PBL168 could be upgraded to high class despite not having been so a couple of days ago. Well, a healthy SM is the sign of a healthy platform, so it would be good to see the current levels drop across the board, but I think gold standard for 'high class' loans are ones that sell on the SM in 11 minutes rather than 11 days. Absolutely! Right along with the Tooth Fairy, the Easter Bunny and Santa.  Oh no! You have burst my bubble! How dissappointing to learn that Santa, the tooth fairy et al are all false! So depressed now 
|
|
mrflush
Member of DD Central
This is not me
Posts: 98
Likes: 40
|
Post by mrflush on Jun 27, 2017 11:48:58 GMT
Well, a healthy SM is the sign of a healthy platform, so it would be good to see the current levels drop across the board, but I think gold standard for 'high class' loans are ones that sell on the SM in 11 minutes rather than 11 days. Absolutely! Right along with the Tooth Fairy, the Easter Bunny and Santa. Oh no! You have burst my bubble! How dissappointing to learn that Santa, the tooth fairy et al are all false! So depressed now Please change the subject - my avatar still believes in them and I don't want an upset snow leopard in the house.
|
|
upland
Member of DD Central
Posts: 479
Likes: 175
|
Post by upland on Jul 7, 2017 5:57:41 GMT
It needs something , it is not like it was. I dont understand where they find the people to buy these additional tranches for some of the big loans.
|
|
skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
Posts: 787
Likes: 424
|
Post by skippyonspeed on Jul 7, 2017 7:35:24 GMT
While PBL168 isn't 'high class' it could well be in a week's time. As has already been pointed out, with 285 days to run this is now the longest dated 12%er with general, rather than occasional, availability. I wouldn't be at all surprised to see it disappear from the SM altogether in the next few days. There's already only £27k available and it's falling. Once it goes off the SM it becomes high class because it means it will be in high demand, saleable within hours, if not minutes. LY shut off the pipeline a week ago and it's having the expected effect. Supply and demand is rebalancing, albeit slowly. With an interest run due on Saturday, we could well see 200 days+ once again becoming in-demand loans and any 250 day+ers selling in a flash. The sands are shifting once again and in the right direction because it means people will be able to hold their loan parts for longer, with relative safety. If you are so positive about the loan, why did you sell parts off..........your credibility is fading fast
|
|
mary
Member of DD Central
Posts: 698 
Likes: 711
|
Post by mary on Jul 7, 2017 9:17:38 GMT
PLB127 just repaid - £620k - lets see what effect that has?
|
|
