Aldermore Share Discussion Threads

[aishah] 08/7/2015 14:07

Landlords will simply increase rents to recoup some of the losses

[gargleblaster] 08/7/2015 14:04

OSB and other lenders also been clobbered.

[gargleblaster] 08/7/2015 14:02

I think this is the key item - and I suspect that there was a leak yesterday which caused the fall on both days!

Buy to let landlords will get less tax relief on their mortgage interest payments, Mr Osborne said.

[harryjp123] 08/7/2015 13:59

Mere speculation?

[gswredland] 08/7/2015 13:51

Chart looking nasty now - should have expected this though!

[gargleblaster] 08/7/2015 13:49

Certainly turned a bit nasty now - just wondering if this might be budget related?

[mazarin] 08/7/2015 07:55

Thanks Gargle, I had considered 'top slicing' on Monday, but noted that ALD had performed remarkably well during the jittering events unfolding throughout the 'The Greek Tragedy', so held firm. Yesterday appeared a somewhat belated response, if that what's behind it, particularly when Motley Fool had earlier included ALD, AML and AV. as likely defensive stocks to hold during the turmoil, see :
I see that SHAW today announced they intend to present their Half Year results on 28th July, so would expect ALD to follow suit soon.

[igoe104] 08/7/2015 07:30

I see the naked trader has topped up as well.


And final top up is in challenger bank Aldermore (ALD) - already in handsome profit here but more to come and I think this one could easily head up to the 400p mark.

[gargleblaster] 07/7/2015 21:03

maz - don't think it is anything to worry about. Based on the chart since inception the close takes us down to the trend line so it has gone from somewhat overbought to fair value (purely based on the trend). The fundamentals are v attractive - fwd pe of 12.2 and fwd rolling PEG of 0.28 - so dirt cheap imv.

[dippydodaa] 07/7/2015 18:27

Great opportunity to get more at a reasonable price

[mazarin] 07/7/2015 17:33

Today's grim session ended (-5.66%) down, presumably triggering 'stop losses' on the way. For some reason ALD faired far worse than SHAW (-1.35%)and OSB (-0.13%)that made something of a rapid recovery towards the end of trading.

[gargleblaster] 07/7/2015 11:09

Looks solid on L2 - good opportunity for new investors to get on-board imv.

[mazarin] 07/7/2015 10:06

The last time it dipped in similar fashion (around -3%) was on the 9th June, then for no apparent reason. The 'lull' only lasted for a couple days and it 'took off' with a vengeance thereafter. I used it as an opportunity to buy and it hasn't looked back since, that is until today.....!

[masurenguy] 07/7/2015 09:49

Hardly hammered - just took a bit of froth of the top temporarily ! :o)

[igoe104] 07/7/2015 08:58

Hammered down 2% LOL, and ALD will probably end up share price by the day end.

[cestnous] 07/7/2015 08:38

Hammered? Hardly.

[altom] 07/7/2015 08:37

After the Greek referendum fiasco, ALD share price is being hammered along with all banks but IMHO this has nothing to do with us as we are a very different animal. Are we due an update soon ?

[mazarin] 03/7/2015 15:59

Its encouraging to read that ALD's 'customer orientated' approach is actually happening in practice. All to often we hear organisations talk about their 'vision of meeting customer needs' but fail on some pretext to actually put it into action. Banks in particular are now so 'risk averse' they seem to have lost sight of what they're in business for.

[mazarin] 02/7/2015 07:30

Thanks GB an Interesting article that may even stimulate some more 'buying interest' today and also I note just for the record, that yesterday's share price closed at 308.5p and thus achieved something of 'A Milestone' by notching up a full £1.00 gain in less than 4 months since its admission (10/03/15).

[future financier] 01/7/2015 16:03

.... and Metro Bank is stacking up losses at the rate of £10m every quarter - so probably some time before they are ready to float!

[mazarin] 01/7/2015 15:04

The Prudential Regulation Authority’s fast-track licensing regime is set to enable several Challenger Banks to come to market and include some familiar names as Tesco and M&S as well as some 'new kids on the block'

Atom Bank I believe is due to be floated sometime this year. To see a recent article on Atom try:
There is also 'Metro Bank' that describes itself as the "Entrepreneur's Bank”, but as yet not floated :

[ramridge] 01/7/2015 15:03

Thanks, guys

[future financier] 01/7/2015 14:19

... and ARBB is the cheap way of getting in to STB at a discount!