stevio
Member of DD Central
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Post by stevio on Jun 8, 2017 18:46:51 GMT
Very surprised at only 850 punters for this one. In a way it's slightly worrying. I asked for less than £2k so obviously got my full allocation. For now I'm very pleased to have added this one to my portfolio in terms of diversity. I sold a few bits in other loans to fund it (that I've listed for sale in the last 2 or 3 days) and had no difficulty selling enough. SM has been moving today, albeit still quite glacially. Maybe most can not sell to fund it or decided want out completely
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nick
Member of DD Central
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Post by nick on Jun 8, 2017 19:04:31 GMT
Slightly off topic, but what happens if SS are unable to shift future tranches of DFLs and are unable or unwilling to sleeve them on their own account? Self inflicted default and subsequent distressed sale/refinance unless someone is underwriting in the background?
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rxdav
Member of DD Central
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Post by rxdav on Jun 8, 2017 21:12:56 GMT
Very surprised at only 850 punters for this one. In a way it's slightly worrying. I asked for less than £2k so obviously got my full allocation. For now I'm very pleased to have added this one to my portfolio in terms of diversity. I sold a few bits in other loans to fund it (that I've listed for sale in the last 2 or 3 days) and had no difficulty selling enough. SM has been moving today, albeit still quite glacially. Maybe most can not sell to fund it or decided want out completelyI hope this isn't actually the case, but like georget I am somewhat surprised this loan had so (relatively) few punters - not too long ago (weeks, not months) this loan, given its fundamentals, would have been hugely oversubscribed. A rather worrying development methinks - time to pause for thought!
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fp
Posts: 1,008
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Post by fp on Jun 8, 2017 21:31:19 GMT
Or Ly bond can take up the slack, handy little fund that.
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Post by mrg on Jun 8, 2017 22:09:41 GMT
Slightly off topic, but what happens if SS are unable to shift future tranches of DFLs and are unable or unwilling to sleeve them on their own account? Self inflicted default and subsequent distressed sale/refinance unless someone is underwriting in the background? I'm convinced lendy are expecting some massive repayments. Therefore they run the risk of losing those repayments as people withdraw their cash if there are no loans to invest in. Solution: make sure there are loads of loans available before repayments are made. The only concern I have is that it means they may be more likely to lend to less desirable borrowers just to boost their available loans. As such more DD and/or smart investing is required.
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Post by investor191 on Aug 29, 2017 9:49:36 GMT
Please can someone buy the remaining 9p left on the secondary market.
I want my sale to complete so I can make a withdrawal.
Thank you!!
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n
Member of DD Central
Yet another Nick
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Post by n on Aug 29, 2017 9:53:59 GMT
Please can someone buy the remaining 9p left on the secondary market. I want my sale to complete so I can make a withdrawal. Thank you!! Sorry, I'm already up to my limit on that one.
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SteveT
Member of DD Central
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Post by SteveT on Aug 29, 2017 10:12:33 GMT
Please can someone buy the remaining 9p left on the secondary market. I want my sale to complete so I can make a withdrawal. Thank you!! Just buy it yourself to complete the sale of the whole loan part, then re-list the 9p again separately.
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twoheads
Member of DD Central
Programming
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Post by twoheads on Aug 29, 2017 10:27:25 GMT
Please can someone buy the remaining 9p left on the secondary market. I want my sale to complete so I can make a withdrawal. Thank you!! Just buy it yourself to complete the sale of the whole loan part, then re-list the 9p again separately. Only possible with available funds of at least 9p (since INPL was scrapped).
I suppose, for a large enough incomplete sale, it may be worth the hassle of funding via bank transfer to complete the sale this way?
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GeorgeT
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Post by GeorgeT on Oct 6, 2017 10:55:04 GMT
Latest tranche has gone live and the maximum allocation was £150.
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nick
Member of DD Central
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Post by nick on Oct 6, 2017 11:05:23 GMT
Latest tranche has gone live and the maximum allocation was £150. The tranche is being listed as a separate loan - is this normal immediately after allocation?
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mary
Member of DD Central
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Post by mary on Oct 6, 2017 11:16:05 GMT
Latest tranche has gone live and the maximum allocation was £150. The tranche is being listed as a separate loan - is this normal immediately after allocation? No, perhaps a new strategy to disguise how big the loan is in total, DFL19 and 07 similarly listed separately now?
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nick
Member of DD Central
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Post by nick on Oct 6, 2017 11:20:14 GMT
The tranche is being listed as a separate loan - is this normal immediately after allocation? No, perhaps a new strategy to disguise how big the loan is in total, DFL19 and 07 similarly listed separately now? Please don't give them ideas! 
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twoheads
Member of DD Central
Programming
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Post by twoheads on Oct 6, 2017 11:29:16 GMT
Latest tranche has gone live and the maximum allocation was £150. The tranche is being listed as a separate loan - is this normal immediately after allocation? Not normal. And also not just for DFL029 either; the same has happened for the latest tranches of DFL019, DFL007 and DFL005. I can understand the reason for DFL005, the new tranche has cash-back and so is kept separate until the cash-back is paid (end of the month for previous cash-backs). For DFLs 007, 019 and 029 there doesn't seem to be any reason why the tranches are listed as separate loans. EDIT - Not all the loan terms (days remaining) are in agreement for the loan/tranche pairs (see 005 and 019). Typical sloppy IT work again: 
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
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Post by ilmoro on Oct 6, 2017 11:41:09 GMT
Im sure they are busily adding something to the weekly update to explain it. Most likely a cunning plan to promote liquidity by listing tranches separately therefore circumnavigating the issue with new tranches jumping the queue.
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