Aldermore Share Discussion Threads

[opodio] 04/3/2016 10:34

someone buying the hell out of it

[my retirement fund] 04/3/2016 09:53

what pivot do you have then?

[steptoes yard] 04/3/2016 09:20

based on what opo. I do pivot trad on ARM and I cannot see 280 on here. Pls substantiate. TIA

[opodio] 04/3/2016 08:27

280p first stop on chart

[deadly] 03/3/2016 11:59

It's not just the sector, it's the whole London share market that's undervalued and has been blindingly obvious for several months, as so many results have now shown. Just a chronic lack of confidence by buyers.

[dlku] 03/3/2016 11:52

OSB going nuts!!

[dlku] 03/3/2016 10:28

ALD, OSB and SHAW


OSB looking cheap down here :)

[steptoes yard] 03/3/2016 09:16

Any industry where you are paying six years earnings has to be undervalued unless you manufacturing explosives without tqm

[woodcutter] 03/3/2016 09:07

look at the SHAW results today on top of VM. the whole sector is under valued. It's disruptive technology and the larger banks are going to suffer quite badly over the coming years as these challenger banks take more market share in convention loans for mortgages and car finance and most importantly SME loans.

woody

[paleje] 03/3/2016 07:52

Questor this morning says buy the Challeneger Banks

[dodddy] 02/3/2016 16:08

a few shorts squeezed, will happen again in the next week or so as they close out or get long

[steptoes yard] 02/3/2016 12:54

What caused the spike to 216 yesterday guys?

[my retirement fund] 02/3/2016 09:17

Took some ahead of results

[woodcutter] 02/3/2016 09:11

I've been buying heavily in this sector recently PAG, ALD and OSB. The drop is overdone and the VM. results this morning have convinced me to keep accumulating

woody

[dodddy] 02/3/2016 09:05

downtrend broken yesterday so added a few more today at 200.09 chart looks appealing now

[masurenguy] 02/3/2016 07:51

The good set of results from Virgin Money this morning may boost Aldermore today!

VIRGIN MONEY GROUP 2015 RESULTS

§ Virgin Money Holdings (UK) plc delivers strong performance in its first full financial year since listing

§ Market-beating growth across core mortgages, savings and credit card businesses

§ Underlying profit before tax increased by 53% to £160.3 million, from £104.8 million in 2014

Financial Highlights

· Underlying profit before tax increased by 53 per cent to £160.3 million, from £104.8 million in 2014.

· Underlying net interest margin increased to 165 basis points, from 150 basis points in 2014.

· Underlying cost:income ratio improved to 63.6 per cent, from 72.5 per cent in 2014.

· Underlying return on tangible equity increased to 10.9 per cent in 2015 from 7.4 per cent in 2014.

· Statutory profit before tax of £138.0 million, compared to a statutory profit before tax of £34.0 million in 2014.

· The Board recommends a final dividend of 3.1 pence per ordinary share. The total dividend for the year will be 4.5 pence per ordinary share.

Delivered significant growth across our core businesses

· Retail deposit balances increased to £25.1 billion, up 12 per cent versus market growth of 7 per cent.1

· Credit card balances increased to £1.6 billion, up 44 per cent versus market growth of 4 per cent.1

· Mortgage balances increased to £25.5 billion, up 16 per cent versus market growth of 1.8 per cent.1

· Gross mortgage lending of £7.5 billion, representing a market share of 3.4 per cent, and net lending of £3.6 billion, representing a market share of 10.6 per cent.1

[mazarin] 29/2/2016 18:19

Is this decision likely to have a positive affect on ALD ? I see SHAW and PAG have both moved up as well, but notably not all Challenger Banks today.

[mazarin] 18/2/2016 22:05

Thanks the petition now reached 3,036 this evening, but still a long way to go

[reddave999] 18/2/2016 16:04

FY results 10th March

[maurillac] 18/2/2016 11:52

me too - petition long overdue .. now at 3000 signatures
m

[johnsoho] 18/2/2016 11:04

Mazarin, have signed the petition.....hope it gets well past 10,000 to 100,000 plus signatures !!!

[paleje] 18/2/2016 08:00

Citywire this morning:-

Aldermore to outperform all UK banks this year
Challenger bank Aldermore (ALD) is expected to outperform every other UK bank this year.

Investec analyst Ian Gordon retained his ‘buy’ recommendation and target price of 325p on the shares, which rose 2.1% to 187p yesterday.

‘We reaffirm our view that, in 2016, Aldermore should materially outperform every other UK bank in our coverage,’ he said.

‘It currently trades on a 2017 estimated price/earnings of 5.4x. [Yesterday’s] Council of Mortgage Lenders data confirmed solid buy-to-let activity for December, most notably in the remortgage segment which drives c.70% of Aldermore’s buy-to-let flow.

‘Our real frustration is that Aldermore’s detractors seem a little unsure as to precisely what it is that they don’t like, but on the issues of loan growth, net interest market, risk-weights, credit quality and value we have little concern.’

[nurdin] 17/2/2016 09:43

Hopefully the IPO will draw attention to the value here and perhaps other challenger banks! Crazy valuation.