Virgin Money Share Discussion Threads

[interceptor2] 17/10/2017 07:52

Good solid update which was in line yet came across with an upbeat tone. Should help underpin any change of sentiment in this sector and help re-rate VM. which is I believe at least 35% undervalued.

[cfro] 17/10/2017 07:33

Actually that is a very good statement albeit only inline but sounding upbeat.

Future plans to be revealed to shareholders in next update on Nov 16th.

[catsick] 17/10/2017 07:09

Trading statement all steady as she goes, nothing in there to cause concern, business stable and small improvements in a few areas ...

[carer] 16/10/2017 14:03

VM will be next being taken over if it does not do the same. Surely all the predators think ALD and Shaw are easier targets for now. Challenger banks can never really challenge big banks. Expect further upside on this one.

[slyfox1] 16/10/2017 10:27

I think the ramp is due to the Interim Report tomorrow. I might sell out later today as have held through the last two reports and watched it go south on both occasions

[interceptor2] 16/10/2017 09:40

Worked out over the weekend that when compared to ALD and SHAW before and after the offers for these companies that VM. are at similar valuations now as both ALD and SHAW before any offer were announced and are approximately 35% undervalued in comparison.

OSB are similarly undervalued imo.

[cfro] 16/10/2017 09:14

Bought in this morning. The challenger banks all looking undervalued and due a general sector re-rating imv.

[its the oxman] 16/10/2017 08:48

Getting closer but still need to break 300p.

[bigbertie] 13/10/2017 16:27

OXMAN 256 - someone could bid but they would need support of any shareholders with more than 30% of the shares - when I last checked both Virgin Management and a US investor held over 30%. There must be some kind of legal deal with Virgn, so I suspect takeover unlikely, at least with the Virgin name.

[interceptor2] 13/10/2017 16:25

No idea if someone could bid for VM. but I did take a position here because maybe sentiment will change now towards this sector.

[nortic 007] 13/10/2017 16:08

Well done boys. Wish I'd held on.

[its the oxman] 13/10/2017 16:02

Could someone bid for VM?

[interceptor2] 13/10/2017 14:40

Aldermore Group a Challenger Bank.

[shammytime] 13/10/2017 13:23

What is ALD?

[interceptor2] 13/10/2017 13:03

313p offer for ALD.......

[ny boy] 13/10/2017 13:02

Rise due to a bid for ALD, provided sector interest.

[its the oxman] 13/10/2017 12:58

Not complaining but why the rise?

[letsgetbizzay] 13/10/2017 12:32

YEE HAAAWW 300p today

[its the oxman] 12/10/2017 21:51

Believe it when I see it.

[letsgetbizzay] 12/10/2017 12:24

Gap filled, this is ready to fly to 300p and beyond in the coming days...

[adejuk] 06/10/2017 16:00

i'm out
this share is as reliable as the phone and internet service

[scothernman] 05/10/2017 21:34

Short Interest in VM held by wellington dropping further to 1.12% 2 days ago is a good sign. Market makers will get the price down to help the big boys close their position. In at 259p a decent chunk after disposing PAYS which gsve a good return.

[adejuk] 29/9/2017 15:32

hold only 11k so no sleeploss yet

[adejuk] 29/9/2017 15:31

oops
recovery?

[its the oxman] 27/9/2017 15:48

Downtrend line suggests clear break through 300p is required to change the trend. Let's hope we can at least achieve that.