Aldermore Share Discussion Threads

[gargleblaster] 01/7/2015 13:37

ramridge - OSB, SHAW and VM. spring to mind.

[ramridge] 01/7/2015 13:13

Can anyone please list other UK quoted challenger banks?

[mazarin] 30/6/2015 18:03

Yes, you could well be right and unfortunately we have to accept that there's no such thing as 'squeaky clean' in the Banking world, however its all 'relative' to what the rest are up to...! Banking culture has to radically change and re-focus on the needs of their customers and not themselves. The arrogance of 'Fred the Shred' and others of his like knew no bounds. The very existence of Challenger Banks is proof alone that the mixing of Investment Banking and Retail was fundamentally wrong. Customers were viewed as a 'commodity' to be exploited as opposed to being served, that at the time was confidently being defended by Angela Knight (now Energy Suppliers' spokesperson)

[future financier] 30/6/2015 15:18

Mazarin - not so sure that ALD is so squeaky clean on the matter of dodgy dealings and greedy bonus culture - see my posts 59 and 63.

Also just read that they have lost their largest introducer of new business (£200m worth)- careless! hxxp://www.mortgageintroducer.com/ccstory/252970/238/Keystone%E2%80%99s_buy-to-let_contract_with_Aldermore_ends.htm

But the market loves them ....... and as you say there is growing confidence in the "Challenger Banks" as a whole.

[mazarin] 29/6/2015 17:31

ALD recovered well following an initial knock back in the face of Greek headwinds to end closing up 1.66% on the day, a similar story at OneSavings (OSB) but to a much lesser extent. Whereas mainstream Banks - HSBC, Barclays and Lloyds today all failed to recover and were well down at close. Is this perhaps indicative of a growing confidence towards 'Challenger Banks' and move in sentiment away from 'Old Guard' bankers with their legacy of dodgy dealings and greedy bonus culture.

[igoe104] 29/6/2015 16:46

Good performance against weak markets, looks good going forward.

[tjbird] 25/6/2015 00:43

check out LVD on fire

[mazarin] 25/6/2015 00:21

ALD finally got to £3.02 just before close today, however, as ever 'beware of Greeks bearing gifts' of more false promises.

[cestnous] 24/6/2015 10:10

About time. Maybe they read the comments about doing exactly that on the CR thread.

[ramridge] 24/6/2015 10:02

Well, what do you know. FCA has started an investigation of Quindell and by implication Rob Terry.

[mazarin] 24/6/2015 09:39

Is this going to be the day when we break through £3....?

[melody9999] 23/6/2015 22:27

AIM - at the end of the day you pays your money and you takes your chance. If you are that concerned about the lack of regulation, just don't invest in AIM stocks. Not that difficult.

If like me, you are more interested in selecting GARP stocks based on an amount of research into their fundamentals and quality of management, then the market on which they are listed is largely irrelevant. In fact AIM stock purchases benefit from no 0.5% stamp duty.

Exclude junior oil resources stocks and micro caps and poorly managed companies and you have some great investments. BVXP, ENTU, EPWN, GBG, GVC, INSE, MANX, RST, TEF and UTW to name a few I hold.

Rest assured Daniel Stewart is not on my watchlist!

[sian] 23/6/2015 19:52

Trackers buying in.....large trade buys....small retail sells.....

[mazarin] 22/6/2015 08:15

ALD now listed in today's FTSE 250 (1 of 9 new additions for this quarter) See FTSE 250 constituents :

[togglebrush] 21/6/2015 17:25

FWIW
100 days since IPO was last Friday
'
Some institutions hold an initial investment for such a period before adjusting or trading. Possible reason for Fridays volume ???

[masurenguy] 21/6/2015 11:31

Well we agree that AIM can be high risk but we have a different view in relation to approaching or avoiding it. I've already explained my view on AIM above so there is no need to reiterate it again.

"SHOE is a classic. You might have made a few bob buying recently but how many were holding a few months ago when that halved? Can you see full listing going like that? Perhaps on the rare occasion but on AIM it's all far too common I'm afraid."

You specifically mentioned SHOE. I set up a thread when they first listed and also clearly explained why I was not investing in them. After their recent profit warning I have now taken an initial position since the initial price rise on euphoria has now evaporated. It's a small speculative investment but given the fundamentals there (plenty of cash, no debt and no pension deficit), the growth in their online sales and the recent success of Poundland, I think that the downside risk is now quite limited since they will either progress on a more sustainable basis or be taken over.

"Can you see a full listing going like that?" Yes, of course I can and two good examples immediately spring to mind, REC and PRW, and there are others too but I certainly don't dispute that this continues to happen on a far more frequent basis on AIM!

[cockneyrebel] 21/6/2015 11:12

The problem with AIM is that you no longer dilute your risk by buying a spread, you increase your risk imo. So many warn these days or are prone to being part of scam that trying to find the genuine ones are too difficult in the main.

I now no longer entertain investing in foreign based AIM at all. I don't even invest in US based AIM stocks - they are nearly all here for a reason and that is too fleece investors - or they'd invest in their own markets imo.

I also avoid new floats on AIM, TUNG, SCS, BOO - all been big let downs.

The only AIM area worthy of fishing in are those UK based co's with a decent history that pay a divi. These are by far and away less likely to warn imo.

Take a look at how the AIM index has performed over the last two years compared to the main market. All last year it was the worst performing UK index. Since Jan it has failed to match the FTSE250. Over 12 months investors in AIM have taken on far more risk that on average for far less reward when they could have made more in fully listed stocks with less risk.

I'd give you one classic example - Small Co Sharewatch. They selected 11 Naps in Jan - that 11 are under water by 5% in total despite having the advantage of ramping them monthly in their newsletter. One of their best performers is the fully listed stock TPT that they picked - take that out and the rest all AIM stocks under perform even more.

So yes, you may be finding a few great ones but the dogs that crop up take far too much off your gains imo.

Lack of regulation on AIM is shocking. How does Rob Terry come back from Innovation Group, start running QPP, lie about buying shares when really he was selling. He was talking the stock up while selling too. He was talking about a full listing and one in America when they clearly couldn't do so. He has got away scott free. That just wouldn't go on on the main market.

Until AIM changes it's ways you cannot know if you are buying a genuine investment or a scam for someone to fleece investors imo, especially in foreign and newly listed.

SHOE is a classic. You might have made a few bob buying recently but how many were holding a few months ago when that halved? Can you see full listing going like that? Perhaps on the rare occasion but on AIM it's all far too common I'm afraid.

Investing rule number 1 - limit your risk.

All imo.

CR

[cestnous] 21/6/2015 11:08

According to the FT this weekend, just under two thirds of companies ever listed on aim, have lost 90% of their value. Minefield is appropriate.

[mazarin] 21/6/2015 09:13

Friday was clearly a busy day for ALD with 1450 recorded Trades that included some very large numbers, including 1,100k, 250k and 850k reported as 'Sells' that surprisingly didn't seriously have much impact on the share price and later they were followed by 2 x 45k and 2 x 498k 'Buys'. However, the net 'Sell' volume recorded 2,921.6k (i.e. 56% higher than Buys) and 1,866.6k 'buys' and yet the share price finally closed up by 2.8% on the day. Although classed as 'Ordinary' trades, I'm assuming that these deals were not what they appeared and must have been collaborating Institutions balancing their 'sell and buy' deals, hence not affecting the price too much.

I find such Trades difficult to interpret and still fail to understand why all trades are not accurately identified as either Buys or Sells in this computer driven age and remain only as 'estimations' based on Trade price. The Market makes no attempt to be 'transparent' and the same applies to RNS formats that mystifies Holding transactions. They appear to be deliberately obtuse.

[leeson31] 21/6/2015 08:50

Hopscotch in a mine field. Lol. Love it.

I like ALD and OSB. I think theyll both do well given the pegs..
Cheers

[cockneyrebel] 20/6/2015 19:20

There's one massive difference between Aldermore and Tungsten Masurenguy and the reason why I'm holding Aldermore and wouldn't buy Tungsten.

ALD is fully listed, TUNG is AIM. 90% of the stocks on AIM are ramped up, dishonest, cesspit filth. Trying to find the genuine ones is like playing hopscotch in a mine field.

If a co lists as a fully listed co you can be far more satisfied that they have gone through a much more stringent checking procedure and are prepared for far more scrutiny and a heavier hand regarding compliance imo.

I've bought one recently listed AIM stock in the past 5 years - SCS a few months ago. Nuff said.

All imo

CR