Vanquis Banking Share Discussion Threads

[123trev] 20/5/2024 10:53

Well what a mistake selling but honestly thought there would be another pullback got used to it here lol did very well out of it though but could have been better. The dilemma is that’s a big gap up and am sure it will get filled but the market must be due a correction seeing little value anywhere but here but never like chasing a share when I’ve traded it a number of times but GL all.

[sbb1x] 20/5/2024 10:13

Nice and steady as she goes... :)

[smithie6] 20/5/2024 07:58

TNAV (virtually all money, not bricks or land) is

~170p

;-)

[smithie6] 20/5/2024 06:51

jubberjim
...you seem to have posted a number of negative posts on this VANQ thread

who knows, perhaps you are linked to Redwood who are busy buying lots of Vanquis shares & would be keen to hold back the share price; or you might be an honest PI, we dont know.

[jubberjim] 20/5/2024 06:46

It has been my experience that a leopard doesn't change it's spots

Vanquis is and remains a doorstep lender as it originated and for thar reason alone I would not and have not invested.

There are a lot more worthy candidates out there without the hubris associated with that particular line of business.

Which is once again being opened up to scrutiny

Each to their own , good luck with your investments

[smithie6] 20/5/2024 06:27

..following up my suggestion of a compulsory share buy in & cancellation, to further increase the NTAV/share & reduce the discount to NTAV/share

it is interesting to note that a big company is doing that

at a premium of 25% to the market share price before the announcement !!

if that happened at Vanquis it would be at a share price of 64p+25%

= 80p !

(C'mon on Vanquis dirs, 'make my day/week' !
Vanquis. NTAV 170p/share. share price only 63p/share !!)
=====

Puretech
lse:PRTC

RNS today

"Launch of Proposed $100 million Tender Offer at 250 pence per Ordinary Share"

"The Tender Price represents a premium of 25 percent to PureTech's trailing volume weighted average price per Ordinary Share over the three days prior to 19 March 2024, the date of the Company's initial announcement of the Tender Offer proposals ..."

[diku] 19/5/2024 15:04

Go on sit on the board please...pronto...lots of experts on ADVFN...

[smithie6] 19/5/2024 07:15

....a deramp perhaps....to help pick up more shares at a lower price

-----

jubberjim
does that article give an estimate on the possible impact on the NTAV/share ?
a reduction perhaps from 170p/share to 160p/share ??
if so then who cares, when the share price is just 64p & it rose ~14p last week !......(a long way to go up to get anywhere near the NTAV/share; even if it went to only 2/3rd of the NTAV, that is ~120p/share !!, almost double the current price)

----

if the company were to decide to reduce lending and let the cash pile up....it could pay out a 30p special divi & hardly even blick , NTAV reducing from ~170p to ~140p !!
or do a mandatory share buy in & cancellation, equal to 30p/share
that would be almost half of the shares !!
...& would almost double the NTAV !! ..to perhaps ~250-300p/share ! (not 2 x 170p since clearly the buy back would cost X amount)

-----
if shareholders want me to sit on the board as a shareholders' rep. to see this idea through
....just let me know ! ;-)

[jubberjim] 18/5/2024 17:12

Interesting article concerning moneybarn

This is money

Essential reading

Reasons not to get involved

[smithie6] 18/5/2024 15:45

btw
Friday, volume was ~3.5 million

versus ~1.9m on the day before, Thursday.

interest in the shares is increasing imo

[smithie6] 17/5/2024 14:04

btw

volume is up versus previous days
@ 3.1 million shares
& still 1.5 hrs left to go

and

the trend/slope today is steeper today that it was for the first 4 days of the week

both are good signs imo

[smithie6] 17/5/2024 13:45

that little dip below 64p got

'a bit of a kicking' !!

straight back up above 64.0p

[smithie6] 17/5/2024 13:22

"The only way is up"

hxxps://youtu.be/vjD3EVC1-zU?feature=shared

(but without looking, can you name the group ?)

[s34icknote] 17/5/2024 12:55

More director buys today ?

[diku] 17/5/2024 12:51

Director buys recently was some indicator....

[smithie6] 17/5/2024 12:34

~0.8p above the official price to buy, to get high volume !!

when normally the extra to pay has been 0.2p in recent days, although yes, this was quite a big buy

[sbb1x] 17/5/2024 12:27

Nice buy 153,000@64.83

[smithie6] 17/5/2024 12:24

strange old world

the run up this week is roughly a straight line

& the chart today is also a straight line, after the initial jump just after the open.

[diku] 17/5/2024 12:21

Lot of catching up to do...

[smithie6] 17/5/2024 10:45

anyone clever enough to post a gif with a vibrating rocket launch ?! je je :-)

[smithie6] 17/5/2024 10:20

apologies for clogging up this msg brd with posts

just 1 more post for now.

anyone reading that sold at 50-55p earlier in the week ?

What was your logic/reasoning ?!!!!

or that sold on Thursday or today, when a clear upward trend is displayed, rising 3%/day all of this week, in roughly a straight line & with high volume.