||EPS - Basic
||Market Cap (m)
Virgin Money Share Discussion Threads
Showing 51 to 69 of 75 messages
|Placing at £3.20. The market didn't like it!
|Why Barclays plc just can't compete with Virgin Money Holdings (UK) plc
Link -> hxxp://money.aol.co.uk/2016/08/12/why-barclays-plc-just-cant-compete-with-virgin-money-holdings-uk-plc/|
Jonathan Goslin at Numis Securities is more cautious on loan growth and impairments, which is why he expects to cut earnings per share estimates by 10-15%. However, he still thinks Virgin is "very good value" as improvements in operating efficiency should underpin "significant balance sheet growth for very little incremental cost".
"We believe there is a near-term opportunity for investors to benefit from a significant improvement in Virgin Money’s underlying fundamentals," he writes, predicting "strong EPS growth over the next three years". That explains the 'buy' rating and 490p price target.|
|Excellent set of results, a longterm hold as this develops into a major player in the UK marketplace.|
|Agree LK , property has been screwed for some time now.|
|Puhlease Not this mascronicguy BS again. For short interest Have a look at the ALD thread starting from post 722 on the 27 Apr'16
This crash has been on the table for some time. It has a lot more to do with all the serial killer taxes like Osborne's stamp duty on BTL and ATED on nonresident property investors. Brexit was just a trigger has nothing whatsoever to do with the structural problems in the property market.|
|Here - these are taken from the daily short positions report issued by the FCA.
|Mas, where are you getting visibility on short positions in this?
|There are no discernible short positions here so I think you'll find that the fall in the price is a mixture of existing shareholders selling stock and negative sentiment on the sector.|
|Getting hammered again today. The shorts have well and truly got hold of this.
|Keep shorting till 10p then reverse for the dead cat bounce to 29p.
Hope this helps|
Following the referendum announcement, all of our products and services are operating in the normal way.
Virgin Money is a strong, UK-focused bank and we will continue to support our customers with good value products and services.|
|MartyWidget, old news! So, if you have no long position, then why the post?
You're not SHORT by chance...|
|In a big way, agreed! But if I have to wait a couple of years for £4+ I'm in no hurry! As this price is over 25% below the floating price!|
|Bought at 223 and waiting looks like an over reaction|
|Yep, £2.79, then £2.59 both on Friday and now doubled up at £2.17|
|Investec: Virgin Money ‘under-appreciated growth story’
Virgin Money (VM) has bucked the trend for poor results in the banking sector by beating analysts' forecasts.
Investec analyst Ian Gordon retained his ‘buy’ recommendation and target price of 420p on the stock which floated in 2014.
‘After a miserable FTSE 100 bank results season in which every large bank missed market expectations, here come the UK challenger banks,’ he said.
‘Virgin Money’s results once again represent material outperformance versus consensus expectations – an 11% beat at the underlying profit before tax level – and, in our view, offer clear evidence of an under-appreciated and sustainable growth story.
‘Despite a lower-for-longer interest rate environment, the H2 2015 net interest margin of 1.65% was flat versus H1 2015 and ahead of guidance of 1.61%.’
Virgin Money shares gained 24p (7%) to 355p.
Questor: Virgin Money is proof challenger banks are beating big lenders