Aldermore Share Discussion Threads

[scanjet17] 22/12/2016 11:55

For OSB I mean.

[scanjet17] 22/12/2016 11:54

Today looks a good buying opportunity for those holding medium/long term.

[steptoes yard] 22/12/2016 10:54

Been saying for a while that 232/233 was a resistance point which if it becomes support would be a clear path to 286

[scanjet17] 22/12/2016 10:23

It's bounced off a resistance level. Look at the daily chart.

[che7win] 22/12/2016 10:13

Whole sector rising, ALD and SHAW moving nicely.Don't understand why OSB is down today

[steptoes yard] 22/12/2016 10:02

I've been saying since 140 that these are substantially oversold, still only 10 years earnings in benign conditions, it's not like interest rates are 7% are they?

[cc2014] 21/12/2016 22:07

lol. I agree too. It's really interesting as if you read back a couple of hundred posts the analysts were spouting the interest rate drop to 0.25% as really terrible news for all the banks including the challenger banks. And you will also find the PI's saying they thought the opposite.

I guess the analysts clients are now starting to go long. They have been pouring into SHAW as well today and over the last week.

I guess this is an easy ride now to 300 and then I'm going to have to think a little harder as there will be no chart to go by. I suspect by then ALD will be still be looking good and the analysts will start to take about the dividend flow.

[future financier] 20/12/2016 16:56

For virtually the first time in my investing life I agree with an analyst.

Worrying!

[masurenguy] 20/12/2016 16:25

Deutsche Bank upped its price target on challenger bank Aldermore to 257p from 194p as it reiterated its 'buy' rating on the stock. It noted the shares are up 38% since the beginning of September amid an improved perception of the UK economy and following a better-than-expected third quarter.

"We think there is still upside from here, driven in particular by falling funding costs. On today's advertised deposit rates, we estimate a flow cost of deposits of around 1%, compared with 1.8% at 1H16. We expect the majority of this benefit to flow through over the next two years, helping offset asset pricing pressure and providing Aldermore with a stronger buffer against falling margins than other UK peers." Deutsche said. The bank said key downside risks include deterioration in the UK economy or market sentiment, slower loan growth, asset price compression, higher loan losses/UK recession, a material fall in house prices and higher capital requirements.

[steptoes yard] 16/12/2016 13:15

Breakout alert over 232, the US hedge fund shorter ant hill mob have finished their games here it seems

[che7win] 07/12/2016 13:31

I don't hold SHAW out of those three.Agree, I'm holding ALD up to £3, then I will reassess.OSB should reach £5.I got into ALD around 160p, OSB bought numerous times and hold more there.Brokers seem to be playing catch up for the sector.

[cc2014] 07/12/2016 12:55

OSB looks great but I'm on ALD and SHAW both of which I'm very happy with. I caught the very bottom on SHAW and nearly the bottom on ALD and had enough conviction not to sell on the way up.

We seem to be in an area of churn now where some buyers from lower down are selling out and being replaced by new buyers. Can't blame them I guess. I'm happy to continue holding and possibly sell half around 300 depending on what I see then

[che7win] 07/12/2016 09:11

CC, Have you looked at OSB, similar situation.

[cc2014] 06/12/2016 19:01

You'd have to go a long way to find a better trade or chart than this. The volume of trades continue to suggest considerable strength in the stock

[cc2014] 05/12/2016 21:14

It doesn't really matter Investec have been saying that from the 130 area.
I remain long and would love to see it move higher through this congestion area

[che7win] 05/12/2016 14:48

I've no idea, can only see the headline...

[future financier] 05/12/2016 08:47

.... what did the rest of the article say che7win. Don't keep us in suspense!

[che7win] 02/12/2016 22:04

IN THE KNOW: Aldermore Margin Consensus "Patently Absurd" - InvestecSource: Alliance NewsChallenger banks will be the biggest beneficiaries of the Bank of England's Term Funding Scheme but Aldermore Group remains the top pick for...

[che7win] 01/12/2016 09:50

It's underpriced, mortgage lending taking off again last month.

[steptoes yard] 01/12/2016 08:39

good all the way to 234-237 as I stated the other week. Still less than 10x earnings

[igoe104] 01/12/2016 08:36

Breaking out now, looks like a lot more in the tank yet.

[cc2014] 22/11/2016 19:22

It's all good on here. It seems the stock is finally staring to get the re-rating it deserves. Fingers crossed for the budget tomorrow

[steptoes yard] 22/11/2016 17:53

Tremendous day for this stock today, there is little resistance up to 237 now but quite a bit around that level. Chris Patrick btw is a good find for the non exec, no doubt he'll have his eye on the AnaCap holding over and above anything else but he's an intelligent chap, I wouldn't pick a fight with him mind he is a big guy :-/

[igoe104] 17/11/2016 16:07

Can`t understand why it fell so low in the first place? crazy world that doesn't make sense sometimes. expect these to continue creeping up over the next few months.