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Post by loftankerman on Dec 20, 2018 13:06:08 GMT
I don't know about anyone else, but I have never been impressed by anyone who uses the word pacific when he really means 'specific'.
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Post by loftankerman on Dec 20, 2018 12:58:20 GMT
I assume it will start running when the webinar starts at 1pm as currently there's just a "This video is unavailable" message... Yes. It's prerecorded but going live at 1pm. so it's an advert not a real webinar ??
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Post by loftankerman on Dec 20, 2018 8:47:41 GMT
As long as the board gets another week in Cowes in the summer, what does it matter? Dunno about a board, if they can't afford the sponsorship in 2019 they'll probably have Liam walking the plank!
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Post by loftankerman on Dec 20, 2018 8:41:32 GMT
Lendy Support I'm sure that many of us will be unable to watch the live webinar, so please record it and make available for viewing at a later time. Thanks. The House Crowd are pretty keen on doing them for both project promotional and educational purposes. They link to them through their on site blog and put them up on YouTube. I'd expect Lendy would be keen to follow the example if they want to create a good impression. Just watching a few would be an education for them.
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Post by loftankerman on Dec 19, 2018 23:38:11 GMT
An amusing recent addition from Yoda. It is unlikely to be around long as calling Lendy is definitely a breach of the guidelines. It sounds like he has a bag of chips on his shoulder and his previous eight angry reviews set the scene for this one. Do give them a read. It's nice and straight to the point I think Lendy have given up policing trustpilot, so it wouldn't surprise me if it stays up. It had disappeared without trace when last I looked... Well, apart from any screenshots that might have been taken.
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Post by loftankerman on Dec 19, 2018 19:03:56 GMT
Email just in re 'enhanced recovery'. It goes a bit further than the standard LY drivel - at least it gives some detail of who they are using for legal etc. Although I'm as critical of Lendy as anyone, it seems they are at least trying to engage with lenders more than they have for the last couple of years. Yep! Sounds like they are really trying to do something and if not they get points for a first class act.
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Post by loftankerman on Dec 19, 2018 19:01:13 GMT
An amusing recent addition from Yoda. It is unlikely to be around long as calling Lendy is definitely a breach of the guidelines. It sounds like he has a bag of chips on his shoulder and his previous eight angry reviews set the scene for this one. Do give them a read.
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Post by loftankerman on Dec 18, 2018 16:03:58 GMT
Well... There seems to be a general agreement that Savingstream was pretty good, so using their performance to bolster Lendy's may not be a true indicator. How does the comparison of these three states over the Lendy lifetime look? I realise many will have kicked off under Savingstream but they have been 'managed' by Lendy. Lendy was always the company behind the "Savingstream" brand - they simply changed their public brand to match the company name, so I'm not sure what distinction you're trying to make between the "good" company that ran Savingstream and the "bad" one that is Lendy, as they are one and the same. Did the change to T&C in early 2017 that marked the downward transition completely miss you by? It's why I got 90+% out and am less concerned than others.
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Post by loftankerman on Dec 18, 2018 9:39:54 GMT
Lendy's hallmark “Full repayment this week...Oh sorry meant administration!” , suggests to me that irrespective of assurances or logic, nothing can really look good other than with hindsight.
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Post by loftankerman on Dec 18, 2018 0:35:34 GMT
A quick look at the scrores on the doors tonite,
Lendy loans that ARE tradeable (in 'live' and not suspended) ................................................................ £22.8m
Lendy loans that AREN'T tradeable (in 'live' but suspended plus non-performing plus claims underway) ............ £144.7m
You always seem to forget the most important tab when you're publishing these comparisons...
Lendy loans that have already been repaid in full ........ £199.6M
(or £203.4M, depending on whether you believe the "loan" column or the "capital repaid" one)
Well... There seems to be a general agreement that Savingstream was pretty good, so using their performance to bolster Lendy's may not be a true indicator. How does the comparison of these three states over the Lendy lifetime look? I realise many will have kicked off under Savingstream but they have been 'managed' by Lendy.
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Post by loftankerman on Dec 17, 2018 20:38:15 GMT
Unsubscribe!
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Post by loftankerman on Dec 17, 2018 17:19:22 GMT
Dear Thank you for your email. We are presently awaiting confirmation of communications from our Communications team. Once released you can be assured these will be sent to all lenders in these loans. Thank you for your patience in this matter. Kind regards, The Lendy Team There was a time when one of my jobs was to spin technical problems as being someone else's fault. It rarely took me an hour and was always successful. Things must be pretty bad if it is taking them this long to come up with a fanciful story.
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Post by loftankerman on Dec 17, 2018 15:02:57 GMT
Totally plausible, however Auditors who value company assets for sale are well versed in valuing such items, even in a moving market. So a suspension would not be really necessary.I am not sure how Lendy will get a "decent injection" (other than from the remainder of their portion of the interest on the loan from suspension to expiry date), as the only way that can happen is if the existing lenders decide to reinvest in other projects. And that is contingent on the potential size of your proposed haircut that the lenders would take. No haircut and lenders might reinvest. Any haircut and investors will think twice about reinvesting capital. I agree it is plausible, but it is coming up to two years since I said 'Not another penny!". Getting capital, plus interest and bonus interest wouldn't have the slightest impact on my resolve. I suppose others might be more gullible understanding.
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Post by loftankerman on Dec 17, 2018 13:33:38 GMT
Maybe anyone empowered to comment is somewhere in South America or behind bars, but the office wheels are still turning? You can't beat a bit of Christmas cheer!
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Post by loftankerman on Dec 16, 2018 0:06:10 GMT
And now we have a very positive first time review from someone calling himself Paul. He's into a few bad loans but Lendy are doing their best. He thinks that what they need following some small recent repayments, is some re-investment and lots of positive reviews to encourage new investors in. That way, all original investors will eventually be repaid and all new investors will reap the rewards of the new loans. He thinks that more positive reviews of how good Lendy used to be and is becoming again, is better for all investors. I'm not too well up on all of the technicalities but that sounds like a pretty straight forward invitation to knowingly participate in a Ponzi scheme to me. Let's hope for Lendy's sake that it is not something from their otherwise silent communications department.
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