Vanquis Banking Share Discussion Threads

[oakville] 15/3/2024 08:13

No sign of a floor yet. Maybe needs to fall to 50p?

[sbb1x] 15/3/2024 05:15

Finished blue

[pugugly] 14/3/2024 21:31

Worth while having a look here re competitive rates.

That 59.9% rate seems to be very much at the top end of rates based on the experian link.
Anyone know what constitutes a valid user claim? And or what the Labour party policy is on "excessive" credit card interest rates. That light ahead might just be a steam-roller heading towards many high interest credit card issuers.
However no mention (that I can see about control of banks or interest rates in the top line of the site but have not crawled through the manifesto"

[sahina123] 14/3/2024 15:30

The way they drop share price quickly . It is not going up that quickly. Cheating at his best

[navigo] 14/3/2024 14:36

Yes I got in at the bottom this morning and the sheep followed

Vanquis offers two credit cards with different interest rates12:
Vanquis Classic Card - 39.9% APR (variable)
Vanquis Origin Card - 59.9% APR (variable)
nationwide is around 20%
and Santander around 18%

and now we have a tight spread 53.8 sell 54.00 buy

Happy Times ???

[sbb1x] 14/3/2024 14:11

Lots of big buys coming in

[sahina123] 14/3/2024 11:52

Deliberately mms dropping price even buying is 80 percent compare to 20 percent selling

[123trev] 14/3/2024 09:18

Nope Diku they got hammered by the fall.

[jubberjim] 14/3/2024 08:58

What is worrying me is the next Government

If as looks increasingly likely Labour are returned to power it is highly likely that they will be casting about looking for any thing that can make them look good.

Doorstep lenders and the like will be one of the targets I would imagine.

Guilt by association no matter which way you dress it up is there in the background.

Dangerous times

Be careful

[sbb1x] 14/3/2024 08:36

Is that the bottom in....

[diku] 14/3/2024 07:59

Yesterday's RNS...they taken stake in VANQ?...a little confusing...

[the codger] 14/3/2024 07:57

123trev filtered

[123trev] 13/3/2024 21:22

lol it’s a good job this dropped 50% in a day otherwise we would have codger daily giving it this is definitely going to break out pmsl. Codger I said it was going down further it did I then said if I was a buyer it would have to be substantially lower I’m stating facts not fiction about the company. The thing is being a buyer at a certain level doesn’t make me an investor you prat I just guess how many idiots like yourself bought and at what level thinking that it must be cheap! Pps will break out one day and you will be correct for a change but what will your loss be?

[the codger] 13/3/2024 16:14

Definitely ready to break out

[sahina123] 13/3/2024 15:18

55%down in last 3 days. Over reaction i think

[the codger] 13/3/2024 14:04

You clearly stated you sold out at 1.30
But would jump back in if it drops lower
All the while slating the company that makes no profit.
What a prat

[123trev] 13/3/2024 12:34

Codger yes you are an Absolute muppet and perhaps you should start by reading the selection of investing for dummies books before playing with any money because you seem a little inept at best. Unfortunately I’m away to the pub now a good few drinks and a bit of dinner so I will leave you to that pot noodle and heavy praying session ahead.

[123trev] 13/3/2024 12:16

Yes almost seems like there is a big background sell going on were somebody wants out!

[sahina123] 13/3/2024 12:06

More buyers still mms dropping price. Crazy market

[123trev] 13/3/2024 11:45

What do you reckon mr H,J Simpson!

[123trev] 13/3/2024 11:41

It’s alright brokers giving their targets and asking holders to wait for the better times in 2026 but would this bank survive until then?

[123trev] 13/3/2024 11:18

Estimate £11 million if lucky like I said no money hence collapse of share price ok homer doh.

[the codger] 13/3/2024 11:15

Makes no money,really? 🤣🤣🤣