warn
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Curmudgeon
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Post by warn on May 9, 2017 15:41:23 GMT
My spirit level is my best friend. Me too. Except I call it a shot measure... 
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GeorgeT
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Post by GeorgeT on May 9, 2017 19:59:06 GMT
The Hotel just got a number - PBL179 Yes going live tomorrow along with the 3 other tranches. Tomorrow will be a very notable day because 4 new 12% loans are going live on the same day. That's not a situation we ever thought we would see happen again. I will have to go and have a lie down.
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Liz
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Post by Liz on May 9, 2017 20:37:43 GMT
The Hotel just got a number - PBL179 Yes going live tomorrow along with the 3 other tranches. Tomorrow will be a very notable day because 4 new 12% loans are going live on the same day. That's not a situation we ever thought we would see happen again. I will have to go and have a lie down. Are you gambling investing in all 4 george? This might not be a time to lend short-term, too many red flags. The liquidity on FS is massively improved on FS, but getting worse on LTPP, tomorrow could be the start of another liquidity squeeze.
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GeorgeT
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Post by GeorgeT on May 9, 2017 21:33:46 GMT
I am going for PBL179, the new one. It looks a fine building. Or at least the facade is attractive.
I am sitting out the other 3 because I am already up to my limit in L**erpool and Pa**nton and the other is too short dated and illiquid for me.
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twoheads
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Programming
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Post by twoheads on May 9, 2017 21:54:34 GMT
I am going for PBL179, the new one. It looks a fine building. Or at least the facade is attractive. I am sitting out the other 3 because I am already up to my limit in L**erpool and Pa**nton and the other is too short dated and illiquid for me. I'm actually way (nearly 50%) over my usual limit on HQ Liverpool. It is not easy to find similar quality loans to which I can diversify.
The constant pictures of progress are very reassuring, my over reaching investment sum is not! I'm in a quandary. I will probably end up selling a third and cashing out.
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GeorgeT
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Post by GeorgeT on May 9, 2017 22:09:57 GMT
I am going for PBL179, the new one. It looks a fine building. Or at least the facade is attractive. I am sitting out the other 3 because I am already up to my limit in L**erpool and Pa**nton and the other is too short dated and illiquid for me. I'm actually way (nearly 50%) over my usual limit on HQ Liverpool. It is not easy to find similar quality loans to which I can diversify.
The constant pictures of progress are very reassuring, my over reaching investment sum is not! I'm in a quandary. I will probably end up selling a third and cashing out.
Yes I am in much the same boat as you. I have a ridiculous 15% of my Lendy holding in that one loan. In fact I have more than double in that one than in any other. Because I have so much in it, when I needed to raise some fast cash today to pay for my loan purchase I put a little bit up for sale and it sold in a flash and there was a sale queue of 0 when I listed it. It is a high class loan but you start to get a bit twitchy when you see how much you have invested in it.
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elliotn
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Post by elliotn on May 10, 2017 0:39:26 GMT
I am going for PBL179, the new one. It looks a fine building. Or at least the facade is attractive. As Liz pointed out, all the high class loans are a facade gt 
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GeorgeT
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Post by GeorgeT on May 10, 2017 13:38:40 GMT
PBL179 - Live at 2.35pm
Max Allocation I think was £2,280.
1,364 investors @ live.
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twoheads
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Post by twoheads on May 10, 2017 13:41:15 GMT
PBL179 now live (at 14:35). Max allocation £2280. £2160 left on the SM.
Initially, the number of investors did not appear - not seen that happen before. However, after two SM purchases (£110 and £2050) there were 1364 investors showing.
EDIT - Crossed with GeorgeT
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elliotn
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Post by elliotn on May 10, 2017 15:50:44 GMT
PBL179 - Live at 2.35pm Max Allocation I think was £2,280. 1,364 investors @ live. 2280 indeed. Another OCD snippet confirms this to be an indisputably high class loan (and again the middle of the night nano-second loans that pre-funded it). Like one's Spring, patio, potted plants, LtPPfSS is Alive!
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twoheads
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Programming
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Post by twoheads on May 16, 2017 14:19:24 GMT
All three (PBLs 177, 178 & 179) have just drawn down (at 15:16).
EDIT: I assume that the borrower is now, conveniently, out of receivership and that we now have to get our money back from them instead of the previous lender.
Well, look on the bright side: the previous lender managed to get their money back (just now presumably) so why shouldn't we?
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GeorgeT
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Post by GeorgeT on Oct 13, 2017 12:48:51 GMT
Worrying updates on these 3 loans.
I avoided PBL177 because it was a joke 10% rate (simply because it was smaller than the others - nothing to do with risk as they claimed).
I ploughed into 178 and 179 for the 12% as these met my definition of high class loans and have paid me 12% for approx 150 days. They were great loans to hold for a few months. However now I'm out!
I had suspicion something might be up yesterday, before today's update, because suddenly quite a lot of these appeared on the SM. Why I asked myself. Luckily I was not tempted to invest more as I am down sizing in LY. It seems possible that somebody had some advance, inside knowledge.
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gustapher
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Post by gustapher on Oct 13, 2017 14:04:04 GMT
I sold a load of 179 yesterday purely to put into the MT 13% loan - figured neither are ideal so may as well go for the extra percentage point. No inside knowledge though. Wishing I'd sold 178 as well now.
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GeorgeT
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Post by GeorgeT on Oct 13, 2017 14:08:43 GMT
I sold a load of 179 yesterday purely to put into the MT 13% loan - figured neither are ideal so may as well go for the extra percentage point. No inside knowledge though. Wishing I'd sold 178 as well now. I managed to sell out of PBL178 in about 1 hour, right after I got today's update. PBL179 is proving the slower shifter for some reason.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Oct 13, 2017 14:15:11 GMT
I sold a load of 179 yesterday purely to put into the MT 13% loan - figured neither are ideal so may as well go for the extra percentage point. No inside knowledge though. Wishing I'd sold 178 as well now. I managed to sell out of PBL178 in about 1 hour, right after I got today's update. PBL179 is proving the slower shifter for some reason. You need a new strategy 'read fast & pivot' Out within 5mins. Read em online.
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