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VANQ Vanquis Banking Group Plc

47.55
0.10 (0.21%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vanquis Banking Group Plc LSE:VANQ London Ordinary Share GB00B1Z4ST84 ORD 20 8/11P
  Price Change % Change Share Price Shares Traded Last Trade
  0.10 0.21% 47.55 202,368 16:35:07
Bid Price Offer Price High Price Low Price Open Price
47.50 47.70 47.70 47.00 47.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Personal Credit Institutions 487M -6M -0.0234 -20.38 121.7M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:41 O 52,910 47.55 GBX

Vanquis Banking (VANQ) Latest News

Vanquis Banking (VANQ) Discussions and Chat

Vanquis Banking Forums and Chat

Date Time Title Posts
13/12/202417:10Vanquis Banking (ex Provident Financial)714

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Vanquis Banking (VANQ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
17:08:4147.5552,91025,158.71O
16:35:0747.5510,9375,200.54UT
16:25:5947.705727.19AT
16:23:0247.70626298.60AT
16:21:2147.6910.48O

Vanquis Banking (VANQ) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Vanquis Banking Daily Update
Vanquis Banking Group Plc is listed in the Personal Credit Institutions sector of the London Stock Exchange with ticker VANQ. The last closing price for Vanquis Banking was 47.45p.
Vanquis Banking currently has 256,482,888 shares in issue. The market capitalisation of Vanquis Banking is £122,342,338.
Vanquis Banking has a price to earnings ratio (PE ratio) of -20.38.
This morning VANQ shares opened at 47.40p
Posted at 09/12/2024 21:07 by wad collector
I am confused ; you kept posting in the summer , at similar prices ,that this was a lemon, and yet now it is a ten bagger.
Blackhorse23 - 23 Aug 2024 - 12:11:23 - 495 of 698 Vanquis Banking (ex Provident Financial) - VANQ
Going back to red again
Blackhorse23 - 01 Aug 2024 - 07:55:03 - 473 of 698 Vanquis Banking (ex Provident Financial) - VANQ
Loss went double
Blackhorse23 - 26 Jul 2024 - 09:13:19 - 466 of 698 Vanquis Banking (ex Provident Financial) - VANQ
Rates are going down
Blackhorse23 - 16 Jul 2024 - 10:25:01 - 459 of 698 Vanquis Banking (ex Provident Financial) - VANQ
Results no good
Blackhorse23 - 16 Jul 2024 - 10:24:52 - 458 of 698 Vanquis Banking (ex Provident Financial) - VANQ
Dropping below 40p
Posted at 03/12/2024 20:55 by blackhorse23
As they mentioned in their RNS most of the cases are in favour of VANQ , it is the one claim management company who abusing the law and doing no win no fee basis claim, VANQ is taking them court as well , I see this an opportunity to buy ... other hand their balance sheet very strong , 600m pounds above the FCA financial requirements which is excellent against tiny mcap of 98m ...
Posted at 28/11/2024 15:14 by blackhorse23
VANQ has net cash around 200p per share after FCA compensation claims and all deduction. It's a WIN WIN buy . share price now 45p and another 155p to go
Posted at 28/11/2024 14:40 by blackhorse23
Reversing share price : 12 months price range 160p to 40p , 4 years price range 500p to 40p
Posted at 27/11/2024 20:02 by qs99
"Vanquis Banking Group Plc

This highly regulated bank (FCA and PRA) is also another 'fallen angel' having emerged from the collapse of Provident Financial Plc. With material deposits (covered by the FCSS), the business is primarily focused on a below-prime credit card and vehicle financing with over 1.7m customers. An evolving Board and highly experienced new management is focused on its purpose of helping the nearly 20 million consumers who are financially stretched access credit and achieve mid-teens return on net tangible assets. Their potential financial returns are high relative to mainstream banks as managing high risk credit comes with higher returns, however currently they are being negatively impacted by a deluge of complaints - the vast majority of which are from financially motivated Claims Management Companies. This has caused considerable cost to administer and distraction to the business despite a very low uphold rate; the company is engaged with the regulators to create a fairer playing ground and suing the worst offending claims company. Well capitalised and undergoing a technology improvement plan, our full thesis for recovery indicates returns well in excess of our target rate. On current market expectations, the shares are valued on a Price to Book ratio of 0.3x to their Financial year 2025."

From Rockwood Plc RNS on their "new investment".....a hard one IMO to bet against given their track record of success, so what does GLG know that Rockwood don't?

DYOR
Posted at 18/11/2024 13:31 by diku
CURYman...plenty liquidity???...why share price not going up...
Posted at 15/11/2024 18:56 by diku
CURYman...VANQ makes money from you either way...you buy shares it goes down...VANQ shares don't care you are in or out...



Blackhorse23 8 Nov '24 - 09:07 - 570 of 613
0 0 0
I have Vanquis card as well, during balance transfer they have made 280 pounds from me , it’s nice easy money for them
Posted at 07/11/2024 18:55 by diku
CURYman...more big block buy keep coming and share price finished down...market is sucking money in...
Posted at 20/5/2024 06:27 by smithie6
..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 ..."
Posted at 19/5/2024 07:15 by smithie6
....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 ! ;-)
Vanquis Banking share price data is direct from the London Stock Exchange

Vanquis Banking Frequently Asked Questions (FAQ)

What is the current Vanquis Banking share price?
The current share price of Vanquis Banking is 47.55p.
How many Vanquis Banking shares are in issue?
Vanquis Banking has 256,482,888 shares in issue.
What is the market cap of Vanquis Banking?
The market capitalisation of Vanquis Banking is GBP 121.70 M.
What is the 1 year trading range for Vanquis Banking share price?
Vanquis Banking has traded in the range of 37.40p to 134.40p during the past year.
What is the PE ratio of Vanquis Banking?
The price to earnings ratio of Vanquis Banking is -20.38.
What is the cash to sales ratio of Vanquis Banking?
The cash to sales ratio of Vanquis Banking is 0.25.
What is the reporting currency for Vanquis Banking?
Vanquis Banking reports financial results in GBP.
What is the latest annual turnover for Vanquis Banking?
The latest annual turnover of Vanquis Banking is GBP 487M.
What is the latest annual profit for Vanquis Banking?
The latest annual profit of Vanquis Banking is GBP -6M.
What is the registered address of Vanquis Banking?
The registered address for Vanquis Banking is NO. 1 GODWIN STREET, BRADFORD, WEST YORKSHIRE, BD1 2SU.
What is the Vanquis Banking website address?
The website address for Vanquis Banking is www.providentfinancial.com.
Which industry sector does Vanquis Banking operate in?
Vanquis Banking operates in the HOLDING OFFICES sector.

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