Virgin Money Share Discussion Threads

[bad robot] 27/6/2016 17:05

Keep shorting till 10p then reverse for the dead cat bounce to 29p.


Hope this helps

[netflix2015] 27/6/2016 12:25

EU REFERENDUM
Following the referendum announcement, all of our products and services are operating in the normal way.
Virgin Money is a strong, UK-focused bank and we will continue to support our customers with good value products and services.

[netflix2015] 27/6/2016 12:23

MartyWidget, old news! So, if you have no long position, then why the post?

You're not SHORT by chance...

[netflix2015] 27/6/2016 11:13

In a big way, agreed! But if I have to wait a couple of years for £4+ I'm in no hurry! As this price is over 25% below the floating price!

[mj19] 27/6/2016 11:10

Bought at 223 and waiting looks like an over reaction

[netflix2015] 27/6/2016 10:59

Yep, £2.79, then £2.59 both on Friday and now doubled up at £2.17

[mj19] 27/6/2016 10:46

Anyone buying

[philanderer] 03/3/2016 10:00

Investec: Virgin Money ‘under-appreciated growth story’


Virgin Money (VM) has bucked the trend for poor results in the banking sector by beating analysts' forecasts.

Investec analyst Ian Gordon retained his ‘buy’ recommendation and target price of 420p on the stock which floated in 2014.

‘After a miserable FTSE 100 bank results season in which every large bank missed market expectations, here come the UK challenger banks,’ he said.

‘Virgin Money’s results once again represent material outperformance versus consensus expectations – an 11% beat at the underlying profit before tax level – and, in our view, offer clear evidence of an under-appreciated and sustainable growth story.

‘Despite a lower-for-longer interest rate environment, the H2 2015 net interest margin of 1.65% was flat versus H1 2015 and ahead of guidance of 1.61%.’

Virgin Money shares gained 24p (7%) to 355p.

[philanderer] 02/3/2016 20:25

Telegraph:

Questor: Virgin Money is proof challenger banks are beating big lenders

[goldie40] 01/3/2016 16:24

what is the forcast fiqures for tomorrow

[ppreston1] 01/3/2016 11:37

Chart beginning to look much more promising. Double bottom has formed. Hopefully share price will get back up to 400p following Q4 results tomorrow. GLA.

[ppreston1] 13/1/2016 15:37

Chart not looking very pretty here.

[joel erickson] 08/1/2016 17:03

Hi,Newbie here.Any reason or theories why there were two very large buys right at the end today?Thanks

[shamus21] 29/10/2015 21:32

The Chart for VM just seems to follow the index regardless of what they do.

[jr_] 30/7/2015 08:37

hxxp://www.4-traders.com/VIRGIN-MONEY-HOLDINGS-UK-18537029/calendar/

Good results posted. They need to push the credit card and the insurance and not just rely on the mortgages.

[andrewbaker] 28/7/2015 13:18

This one has jumped today on reasonable but not great results. Apart from one big buy, seems mainly to be small investors biting. Institutional interest is modest. Investec rate this a buy, but don't seem to have bought themselves. I guess the virgin dividend (pun intended) has got a few excited, but I'll wait a while, at least until the froth comes off today's price.

[liquidkid] 23/7/2015 10:16

The estimates have come down since the budget.
Golden Sacks reduced the dart throwing target to 400p
bet they stayed up all night working on that number.
At the other end of the scale Exinane UKIP Paribas did overtime to come up with
the magic plus 500 last week.

[mazarin] 15/7/2015 08:27

jr - if its any consolation, you're disappointment is shared by many, me included as sentiment in 'Challenger Banks' since last week's Budget has taken quite a bashing. Until then the sector was showing considerable promise in the face of concerns over Greece.

[jr_] 10/7/2015 10:28

Please forgive my lack of knowledge here.

But can someone please explain to me why these have dropped so much?

Surely, they knew the 8% charge on profits was coming, and the buy to let tax was being adjusted?

This doesn't even kick in for months down the line anyways?

I am disappointed with the major shareholders/MM/city boys/girls playing their usual games with VM.

I had expected better from them with regards to this stock. Oh well. I expect they wont be able to contain themselves for long. Soon be buying it back on the cheap no doubt.

Just sour grapes from my part that I didn't have a crystal ball.

Am sure if the financials are as they suggest, then its not all bad...

hxxp://www.4-traders.com/VIRGIN-MONEY-HOLDINGS-UK-18537029/financials/

Think the lesson for me is to never buy a bank stock so close to the budget...

[hibberts] 08/7/2015 14:38

And a 8% bank Levi.

[discodave4] 08/7/2015 14:14

Buy to let tax changes causing the drop today I guess.DD

[jr_] 11/6/2015 10:51

Just bought some for the long term. Hopefully these are a 'good bank' and not a 'naughty naughty' bank...

Be interesting to see how these do next year when Metro bank enter the main market.