Vanquis Banking Share Discussion Threads

[smithie6] 18/5/2024 16:45

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 15:04

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 14:45

that little dip below 64p got

'a bit of a kicking' !!

straight back up above 64.0p

[smithie6] 17/5/2024 14:22

"The only way is up"

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

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

[s34icknote] 17/5/2024 13:55

More director buys today ?

[diku] 17/5/2024 13:51

Director buys recently was some indicator....

[smithie6] 17/5/2024 13:34

~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 13:27

Nice buy 153,000@64.83

[smithie6] 17/5/2024 13:24

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 13:21

Lot of catching up to do...

[smithie6] 17/5/2024 11:45

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

[smithie6] 17/5/2024 11:20

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.

[smithie6] 17/5/2024 11:13

btw
one poster claimed there were a lot of short positions via clients at IG

not true imo

clients at IG are reported as "100% long", in CFDs & spread bets. Only 0-50 clients with open positions in any 1 category.

[smithie6] 17/5/2024 11:11

..thanks btw to Prince7652

who wrote
"keep adding"

amongst negative posts from others, perhaps deramping

The 'keep adding' post stuck to my brain cells & resonated as the right move.....so I kept adding !

[smithie6] 17/5/2024 10:56

btw
51p to 62p in 4.3 trading days
~20% rise

and yet the heaviest volume was this morning, after the 20% rise,

inferring imo that
- the shares are in demand
- demand/interest has increased
- buyers are not at all put off by the 20% rise this week, & must think there is more to come.

(never know, might get mentioned/tipped in the weekend press.
or perhaps by Simon Thompson of Investor's Chronicle, he normally likes value plays like this (mega discount to TNAV), or Simon Cawkwell or ShareProphets or Naked Trader or.......)

[smithie6] 17/5/2024 10:06

Anyone know what the NTAV/share is ?
;-)

[smithie6] 17/5/2024 10:06

..'by being patient'

arguably one doesnt need to be patient at all, rising 2-3% everyday I think !!
It's throwing money in to my account every day !

[lawson27] 17/5/2024 09:48

25% off its lows, happy days and climbing, this will be walked all the way back up, just like CABP imo, which was 50p, now trebled to 150s, GLA

[nikesh] 17/5/2024 09:33

A lot of volume so early in the day. Interesting and yes undervalued due to the massive overreaction on the fall last time. Nav significantly higher than m cap….

IIs building
Money is made by being patient. It takes years to learn that!

[diku] 16/5/2024 20:25

Bring on 85p pronto...

[davius] 16/5/2024 19:46

Deutsche Bank cuts Vanquis Banking target to 85 (88) pence - 'buy'

[minja19] 16/5/2024 16:50

All looks good. Closed above the 50 dma again.

A number of punters on IG have had shorts on VANQ (ref central charts analysis). Using their figures, today’s break above 58.8 will be tragic news.
and Schroders rns … more so.

[oakville] 16/5/2024 16:45

Way oversold.