Virgin Money Uk Share Discussion Threads

[arja] 20/4/2023 07:24

well, I got that wrong but have bought a modest holding at 156.38 with a CFD and hoping it might put on few more pence today :)

[netcurtains] 20/4/2023 07:10

It does feel that way.

[arja] 20/4/2023 06:40

the breskout will be today it seems or will hit at least 160 level .

[netcurtains] 19/4/2023 10:58

I feel it definitely wants to break 1.60....
Well it certainly feels that way.

[netcurtains] 19/4/2023 08:24

The reason this keeps rising is that its value compared to its historic value (and other banks) is low.

Virgin bank includes Clydesdale in Scotland and Yorkshire bank up north! So in a sense it is a UK wide bank at the faction of the price of the other UK wide banks.

[netcurtains] 12/4/2023 08:01

Looking over the 5 years or even 2 years, the average price of this stock appears to be about £1.80
So should be some way to go yet.

[netcurtains] 11/4/2023 12:36

If we break 150 then 160 should be easily doable.

[netcurtains] 05/4/2023 08:48

LOL - I suspect yesterdays drop was due to silly people thinking Virgin Broadbands outage are the same company as Virgin Money.

[netcurtains] 04/4/2023 16:25

Dont panic Mr Mainwaring. 😀...

I guess I got taken by surprise.
Still think the theory is OK

[netcurtains] 04/4/2023 12:55

I'm still buying. (Just bought HSBC too) which is beginning to rise

[netcurtains] 04/4/2023 08:58

Crazi: I always feel these things are like buying opportunities.

Nearly always, whatever the price opened at the share reaches again either on the same day or a day or so after.

Thats one of the reasons why I am still buying. Because it was a good open.

[netcurtains] 04/4/2023 08:24

Good dividend yield.
Good PE ratio.
Good NAV.
Recovery hardly started.

It seems all good to me.

[netcurtains] 04/4/2023 08:16

I still buying... I think its hardly started to recover.

[arja] 30/3/2023 07:50

great move netcurtains and VMUK just might be turning up at last . In tend to focus on stocks where NO stamp duty payable as using my share account much more with only £3 commission in and out - I love that , good luck with VMUK . VUK in OZ was up 9 to 262 anticipating an up day for VMUK

[netcurtains] 29/3/2023 09:20

Anyway I bought some.
I think it will break 140 today or soon anyway.

[crazi] 29/3/2023 09:13

You got to ask yourself though --- who's daft enough to sell their shares at these low low prices? The odd profit taker from a slightly lower level perhaps but realistically they can't have many "real" sellers... order book manipulation at it's finest :-)

[netcurtains] 29/3/2023 09:02

Well seems to be turning corner. Touchwood.

[netcurtains] 27/3/2023 14:29

thanks arja and Crazi for your views.

[crazi] 27/3/2023 14:19

Market Makers doing their very best to hold the price down for their Hedge Fund buddies. Give them time to shift position from Bear to Bull.

UK banks have been dragged down 30% off the back of Credit Suisse and American Regional Banks. It pathetic as UK banks are thriving. Their share price have always been realistic compared to Wall Street evaluations of their stocks. We don't get the same gains and share profits than the USA but for the purpose that we "shouldn't collapse" when Wall Street screws up and falls...

Yet we always do anyway as London Trading is owned by New York