elsee
Member of DD Central
Retired:D
Posts: 201 
Likes: 117
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Post by elsee on May 22, 2017 12:38:46 GMT
Great picture.
Thanks for the appearance of the balloon as well. Best laugh of the day.
But where is Timmy in the new picture?
SXLR I thought that was him next to the post, it looks a bit like him but also looks like a workman.
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twoheads
Member of DD Central
Programming
Posts: 1,089 
Likes: 1,192
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Post by twoheads on May 22, 2017 15:09:38 GMT
Great picture.
Thanks for the appearance of the balloon as well. Best laugh of the day.
But where is Timmy in the new picture?
SXLR I suggest right at the right hand edge, hiding in the dark about half way up the picture... could be a pair of sheep's eyes peeping out?
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jomantha
Member of DD Central
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Post by jomantha on May 23, 2017 11:04:50 GMT
Any idea why there is so much of this on the SM?
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Post by d_saver on May 23, 2017 11:13:16 GMT
Any idea why there is so much of this on the SM? End of month and 13% at MoneyThing
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jomantha
Member of DD Central
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Post by jomantha on May 23, 2017 11:25:11 GMT
I am just curious as to why that is sat there when I am able to sell shorter dates loans with ease.
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Post by d_saver on May 23, 2017 11:31:27 GMT
Any idea why there is so much of this on the SM? Take your pick - any or all of: - With 'only' 213 days to go some folk may be getting skittish about this no longer being a high class loan. - 12% loans in the pipeline here that offer diversity for those seeking it - 13% loan on MT offering platform diversity for those seeking it £23k represent 0.3% of the current loan amount. Wouldn't think anyone can read too much into that. (Although possibly it speaks volumes to the way lenders are viewing the platform at present, given a number of 'why so much' type posts recently.) It's a very small amount in a loan where most probably already have what they want. Its been a busy week with a few decent loans which have no doubt soaked up many peoples floats. Some will be selling to top up those floats. Still don't know why some freak out when someone drops 50k of a loan of millions.... You'll probably see a lot of small sellers now, only for it to all be scooped up in one go when something repays (or someone knows something and is getting out  )
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elliotn
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Post by elliotn on May 23, 2017 14:38:59 GMT
I am just curious as to why that is sat there when I am able to sell shorter dates loans with ease. Big loan, people recycling. Main loan specific issue is where unilateral notices prior to our 1C sit; plenty of discussion within this thread.
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lobster
Member of DD Central
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Post by lobster on May 26, 2017 10:34:46 GMT
Next tranche of over 500k going live tomorrow - Saturday 27th May.
But with around 150k already sitting on the SM , will there be any takers ? My guess is that tomorrow we'll be seeing 650k on the SM.
Lendy should hold back on this - at least until after the interest payment run in a week's time, or until after a decent size loan repays.
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Post by excalibur on May 26, 2017 10:45:02 GMT
Next tranche of over 500k going live tomorrow - Saturday 27th May. But with around 150k already sitting on the SM , will there be any takers ? My guess is that tomorrow we'll be seeing 650k on the SM. Lendy should hold back on this - at least until after the interest payment run in a week's time, or until after a decent size loan repays. Maybe they should run an operating model that assumes loans will default and so they can move rapidly from day 1 of non repayments. These overruns are eroding their reputation imo.
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vmail
Open image in a new tab.
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Post by vmail on May 26, 2017 10:50:55 GMT
Next tranche of over 500k going live tomorrow - Saturday 27th May. But with around 150k already sitting on the SM , will there be any takers ? My guess is that tomorrow we'll be seeing 650k on the SM. Lendy should hold back on this - at least until after the interest payment run in a week's time, or until after a decent size loan repays. If the borrower requires these funds then why should Lendy delay this to suit the investors?
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p2pmark
Member of DD Central
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Post by p2pmark on May 27, 2017 18:39:24 GMT
Judging by the jump in the amount in the sales queue, it looks like the tranche didn't fill? And it seems as if the unsold PM tranche ranks behind new SM sales (I put some up for sale and the queue was shorter than the amount available). If the new tranche never fills, does anybody know what happens to the project? Will Lendy step in? Are they allowed under FCA rules?
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p2pmark
Member of DD Central
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Post by p2pmark on Jun 7, 2017 17:42:53 GMT
Project seems to be progressing well, to the extent it's possible to tell. I'm surprised the SM queue is so large.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
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Post by ozboy on Jun 7, 2017 17:56:44 GMT
Project seems to be progressing well, to the extent it's possible to tell. I'm surprised the SM queue is so large.It's georget shifting his wedge. 
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sussexlender
Member of DD Central
Cheat seeking missile
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Post by sussexlender on Jun 7, 2017 18:19:23 GMT
Hi Timmy.
Once again many thanks for the update. Very grateful for your posting.
Best wishes, SXLR
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seeingred
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Post by seeingred on Jun 13, 2017 8:52:05 GMT
New tranche for £271k
"Valuation document for tranche 8" on pipeline page but not showing - "Page Not Found: Sorry, we couldn't find a page at that address!"
Best of luck finding the £271k - there is currently £706k on the SM. However the sale queue is only 537k.
So underwriters and/or Lendy are already holding 706-537 = 169k ?
Interesting to see if this fills and to what extent this (good?) project illustrates the lack of new capital available to this platform.
There seems to be a view on this forum (which I do not entirely share) that Lendy need to get their act together on a few repayments and resolution of a few DEF loans before expecting lenders to provide yet more money. As a model of an 'ever expanding business' it may well work until such time as the music stops.
There are now THREE new pipeline loans this morning - and none of the valuations links work.
Come on Lendy - get the links up .......
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