Aldermore Share Discussion Threads

[nw99] 25/8/2016 08:10

Stake building

[duncan doughnut] 24/8/2016 17:22

Looks like I'm holding the wrong one, I should have bought OSB :-[

[isaready] 24/8/2016 16:55

yep. Good number of shares traded. Expect this to push above £1.60 now towards the £1.80 mark.

[someuwin] 24/8/2016 14:45

Nice recovery underway here.

[davebowler] 24/8/2016 12:28

PAG is also on the move.

[isaready] 24/8/2016 12:26

I think we will see it rest, the last high and break through that. Don't forget, its tin the interests of the MM, to collect stock, sell stock, buy stock when most of bored. Now they will have a play. two days ago the shake to £1.29 nearly pushed more out, but it was a retest of the last low point.

[cc2014] 24/8/2016 09:06

FTSE review is the last day of August. As of Friday, ALD needed about 156 to stay in.

ALD, SHAW on the move today. Yeehhhaaa

[tattooed93] 24/8/2016 08:47

Has this come out of FTSE250

[nw99] 24/8/2016 08:43

Great results One Savings helping us here

[isaready] 23/8/2016 17:44

good end to the day and reason to believe it will now retest the last high.

[isaready] 23/8/2016 13:22

it needs to break out of 138/139. I fit does we will hit 160 again

[cc2014] 22/8/2016 15:52

lol. If it goes much lower and I can find something in my portfolio I don't want, I shall buy some more.

[igoe104] 22/8/2016 15:47

You guys spoke too soon, you should know that their is a seller around.

[cc2014] 22/8/2016 11:26

Going very well today against the trend of FTSE. Nice.

Around 156p required to stay in the ftse 250 with a week to go so that looks increasingly unlikely. SHAW requires 214p

[mdw1] 22/8/2016 10:03

As I said due a bounce from low 130s; still got a long way to go....

[extrader] 20/8/2016 18:07

Hi cancun tango,

Thanks again for the detailed timing of Basle.

ALD's shareholder funds totalled £ 533.6 at FYE 2015, with earnings projected @ £ 80-90 million p.a. for 2016-2018, ie approx 50% increase in shareholder funds if all retained.

Still BEmused....and, as a holder, not Amused !

ATB

[tini5] 20/8/2016 14:39

Came in at the mid 150ish mark.

Lavendon group are specialists in power access rentals.

[mdw1] 20/8/2016 13:08

And look at Metro Bank which operates in the same space as Aldermore, share price up again yesterday and virtually back to where it was before Brexit.

Aldermore definitely due a bounce from here.....

[homerdude] 20/8/2016 12:25

Tin,Forgive me, what do Lavendon do ?Also, what was your entry? I'd not say sell, I'd wait, they will bounce, up, down and up again. September to November should be a busy trading period.Sometimes you can spend your life selling at losses and playing catch up. A recipe for disaster. Remain calm, look at the trade patterns and buy when best suits you.

[bonio10000] 20/8/2016 11:40

And remainers were saying being in the EU would help our financial services.

Get out, self regulate and put in more flexible regulation that reflects the party being regulated.

[cancun tango] 20/8/2016 11:39

1) Basel III foresees a gradual transition to the stricter standards, with full implementation as of 1 January 2019http://europa.eu/rapid/press-release_MEMO-13-272_en.htm?locale=enSo only 2 years away.2) 'the Group would be required to hold INCREASED capital'

[extrader] 20/8/2016 09:53

Hi cancun tango,

Thanks for the extra info !

However (1) the Basle proposal, if implemented , only bites from possibly end 2019, which seems a bit remote to be affecting sentiment in mid 2016 and (2)AIUI, ALD has plenty of spare capital capacity : from the Mar 2016 presentation, leverage of 7.3x and CTI capital of 11.5%, vs. PRA minima of 3 and 7 respectively.

Rather perversely, it seems to me that ALD may be being held back by its current lack of dividend ( which, incidentally, helps protem address any capital adequacy concerns) : paradoxically, it seems, if ALD were to pay a dividend (with negative impact on capital growth potential) and thereby raise its risk profile, it might be rewarded with a higher stock market rating....!

ATB

[cancun tango] 20/8/2016 09:24

ExtraderYes, you are missing something. This from the accounts on capital requirements:A second consultative document, 'Revisions to the Standardised Approach for Credit Risk', was issued by the Basel Committee on Banking Supervision in December 2015. This document contained proposals to increase the capital risk weights of buy-to-let and commercial real estate lending. If these proposals were implemented as outlined, possibly from 2019, the Group would be required to hold increased capital to support these lending segments under a standardised approach.

[extrader] 19/8/2016 19:01

Hi all,

Maybe I'm missing something ?

If the BTL 'cake' is getting smaller, through a combination of disincentives and tightening of lending criteria, doesn't this mean that - as a newcomer - ALD is comparatively well-placed to take a bigger slice of more profitable (because less competition) and lower-risked business ?

And this before any easing of capital requirements for the challenger banks.

ATB

[tini5] 19/8/2016 18:35

Couldn't have timed my entry any worse, bought at the peak and watched it spiral downwards ever since. Sold half today to get into Lavendon group ahead of results next Friday.

Hoping I can recoup some loss there and then sell those to average back down here. That's the plan anyway...