trevor
Member of DD Central
Posts: 557 
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Post by trevor on Sept 6, 2018 12:58:26 GMT
Well blow me down with a feather, how much more rubbish could my prediction have been!
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arby
Member of DD Central
Posts: 910
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Post by arby on Sept 6, 2018 13:06:47 GMT
Well blow me down with a feather, how much more rubbish could my prediction have been! Yep, the ones that will default are quite difficult to predict. A lot of the seeming safe ones can surprise us!
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sarahcount
Member of DD Central
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Post by sarahcount on Sept 6, 2018 13:17:28 GMT
That's a relief.
No comment yet from monger of doom Gordon Bennett.
I expect he is at home busy drinking his Horlicks and updating his Shoot league ladders.
Answers on a digital postcard etc etc. Yawn.
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adrian77
Member of DD Central
Posts: 3,920
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Post by adrian77 on Sept 6, 2018 16:50:01 GMT
posted 8 hours ago
easier to criticise than predict - yawn
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kielbasa
Member of DD Central
Posts: 246
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Post by kielbasa on Sept 6, 2018 16:56:14 GMT
As Yogi Berra said, it's tough to make predictions, especially about the future.
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ashtondav
Member of DD Central
Posts: 1,814
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Post by ashtondav on Sept 6, 2018 17:03:26 GMT
As Yogi Berra said, it's tough to make predictions, especially about the future. Not if it's about Power Boats....
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adrian77
Member of DD Central
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Post by adrian77 on Sept 6, 2018 17:03:37 GMT
this has been very good for those of us with up to £300K invested - I am pleased for them but they have more bottle than I do - well done FS and now for the powerboats....
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james21
Member of DD Central
Posts: 651
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Post by james21 on Sept 6, 2018 18:21:43 GMT
That's a relief.
No comment yet from monger of doom Gordon Bennett.
I expect he is at home busy drinking his Horlicks and updating his Shoot league ladders.
Answers on a digital postcard etc etc. Yawn. Shameful comments madame
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
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Post by Godanubis on Sept 6, 2018 21:44:59 GMT
 FOR ALL THOSE WITH EGG ON THEIR FACES
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arby
Member of DD Central
Posts: 910
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Post by arby on Sept 6, 2018 21:55:51 GMT
FOR ALL THOSE WITH EGG ON THEIR FACES I nearly missed your caption. That changed my interpreted meaning markedly.
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Post by dan1 on Sept 7, 2018 11:02:33 GMT
Excellent result for all investors in this loan coupled with the fun and drama of the forum, what's not to like? Anyway, further evidence that the BHs are earning returns in excess of the bonuses listed on the loan details page are evident. Remember, the previous loan paid returns of 18.9% - well in excess of the nominal rate of 13%.... I'm looking at the loan details across all loans and the original loan ( 1781021782) sticks out as having paid the most interest in excess of the basic interest rate. It was active for 224 days, which equates to £131.6k interest at 13%. It actually paid £191.4k interest at an actual return of 18.9%. The excess return of 5.9% exceeds the maximum bonus of 4.0% for investments of £100k+. A question for investors in this loan, did it pay default interest for the period overdue (41 days)?If there was no default interest then I guess FS are paying higher returns to institutional investors, BHs, underwriters, syndicates, etc? I've no problem with this but if this is the case it may further depress actual returns compared to the published statistics for standard retail investors. It's certainly not something you consider when you first look at the statistics page and decide to invest, or not. The loan repaid yesterday paid 18.3% with a nominal rate of 13% yet the first additional loan only saw modest increase in the overall rate, which is consistent with the bonuses available to the BHs, and the second additional loan paid under the advertised rate, huh? Renewal, 1884545779, paid 18.3%, nominal 13% + bonuses Additional, 8824507669, paid 14.8%, nominal 14% + bonuses Additional 2, 4955106126, paid 14.8%, nominal 15% The additional loans at 2nd and 3rd charge appear to have paid some of the BHs less than the 1st charge! No wonder there were no bids higher than £25k in the additional loan. |
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mjc
Member of DD Central
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Post by mjc on Sept 8, 2018 4:11:21 GMT
Are there any information sources re how the BH system works?
Seems odd if the original borrower could have made anything on this risky, stressful (for them and us) investment after paying up to 18% interest to a lender of last resort.
Anyway a lot of people relieved FS achieved some success on this nail biter.
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