Vanquis Banking Share Discussion Threads

[prince7652] 16/5/2024 16:00

Keep adding

[diku] 16/5/2024 15:58

Post 283...wrong footing punters...

[oakville] 16/5/2024 15:10

Shroders increasing again.

[s34icknote] 16/5/2024 12:48

Drops in morning Rises pm.

[pugugly] 16/5/2024 09:48

From the press re Moneybarn.
Loan firm Moneybarn tried to take my car - but I don't think I'm behind on payments: CRANE ON THE CASE



Neither positive nor negative (imo) but for interest on trading practices.

[scemer] 15/5/2024 15:18

Definitely in recovery mode now positive on persuing claims company and fca extension on reply times after all that's what spooked the market which was way over done

[s34icknote] 15/5/2024 14:56

Another tr1 due , ii increasing or director buys ?

[123trev] 15/5/2024 10:55

Sold again just can’t ignore that sought of profit hoping this drifts back down again to my original price. I definitely see value here but it’s a long term play with possible double digit profits for this year and next while they work out what gives them the true growth they need. Obviously recent buying by certain players would suggest they will get there but they may want more cheap stock if there’s any left.

[strawberry alarm clock] 15/5/2024 10:08

Yeah it was the same people that believe that the earth is flat you bozo

[strawberry alarm clock] 15/5/2024 10:07

NoNext question

[diku] 15/5/2024 09:01

Would any of big building socities be interested in VANQ?...

[sbb1x] 15/5/2024 08:10

No excitement in that update.Might drip back to 48/50 ?

[minja19] 15/5/2024 07:55

Absolutely nothing in the update to frighten the horses.
someone is bound to highlight the complaints management company. these opportunistic ambulance chasers are industry wide and not VANQ specific.
It certainly doesn’t bother Redwood, Schroders or Norges Bank and they definitely know a lot more than us.
Let’s see how the agm goes
.......................................
Warren .. The 200 is currently circa 102p according to advfn and 101 on IG
take your pick

[warren bluff it 1] 15/5/2024 07:50

Looks well over sold,If it dips today I for one will be buying more.

[warrenbuffet73] 15/5/2024 07:20

Solid

10,000 new customers

Loss making customers being moved on

All good

[warrenbuffet73] 15/5/2024 07:16

Solid

10,000 new customers

Loss making customers being moved on

All good

[123trev] 15/5/2024 07:10

Well not much to digest could be wrong but think the rise is already baked in for now.

[oakville] 15/5/2024 07:09

Financial highlights



· New customer acquisitions grew in line with expectations in Q1.

· Gross customer interest earning balances declined due to the action taken at the end of 2023 to moderate unprofitable lending growth, as well as customers spending less in the current economic environment and paying down more debt than forecast.

· Increase in NIM was driven largely by the re-pricing in Cards at the end of 2023.

· Underlying credit quality remains stable.

· Focus on efficiency and simplification continues, with costs in line with expectations.

· Vanquis remains well capitalised with strong levels of liquidity and funding.

· £50m of TFSME funding was repaid early in the interests of prudent liquidity management.

[warrenbuffet73] 14/5/2024 22:35

My estimate on a positive update tomorrow is 71p then onward rise to £1 over the coming weeks

[davius] 14/5/2024 22:17

According to II...

200dma is at 104p
50dma is at 60p

[diku] 14/5/2024 21:17

Somebody mentioned 200p?...

[warrenbuffet73] 14/5/2024 18:49

What’s the 200mda price roughly?

[sbb1x] 14/5/2024 16:40

Another decent UT 56.60 up 4.42 percent.Higher lows and higher highs. Hopefully a good update tomorrow!

[sbb1x] 14/5/2024 16:27

Vanquis Banking Group (#VANQ) ? 57.9pSchroders #TR1 13.48% (? 1.23%) ~=3.1m #acquired 14/05 14:56 #RNS Holding(s) in Companylondonstockexchange.com/news-article/V...