Virgin Money Uk Share Discussion Threads

[netcurtains] 11/7/2023 16:45

How come its only £1.46p ? This is crazy.

[netcurtains] 11/7/2023 14:10

How on earth did it get so low?
Its insane.

[netcurtains] 07/7/2023 11:18

A great buy at £1.70p
This is a bargain....

As are nearly all banks...

There is little sign of massive defaults on mortgages but profits are going up (interest rates). And Virgin has little or no exposure to high risk mortgages.

My target is about £2 a share - perhaps higher. But on top of that there is a massive dividend....

[shawzie] 07/7/2023 11:08

A better buy at 125.

[netcurtains] 07/7/2023 09:32

naw - its all nonsense.
I think this is a massive bargain for investors.

[its the oxman] 07/7/2023 09:19

What's the osb read through for vmuk?

[arja] 07/7/2023 08:57

chart for VMUK not looking good and likely to get to 135 support level as minimum target . Sometimes rising bond yields are good as increase bank margins but I guess this is negated by mortgage defaults and possibility of a recession and especially under the totally incompetent Tory governement focusing on who should get honours for doing SFA !

[netcurtains] 05/7/2023 10:02

Nat West just gone blue. Touchwood.

[netcurtains] 28/6/2023 13:32

Recovery hardly started

[netcurtains] 28/6/2023 10:39

Its recovering a little but it still has an awful long way to go.

[netcurtains] 27/6/2023 11:18

Do you know what day we should expect our dividend payment

[netcurtains] 23/6/2023 16:07

7.6% dividend yield

[netcurtains] 23/6/2023 10:01

I personally think the two relatively safe medium term LARGE dividend yield companies are ITV and VMUK.

[netcurtains] 23/6/2023 08:12

I could not resist it. I bought some more this morning.
I dont need the capital, I need the LONG TERM dividend.

Currently its 7.65%....

That is a lot of money.

[netcurtains] 22/6/2023 16:20

Likewise 👍

[netcurtains] 22/6/2023 16:17

Likewise 👍

[netcurtains] 22/6/2023 10:13

People assume high interests are bad for banks, but in fact, provided we dont go into a steep recession, its a self evident truth that high interest rates are good for banks. That is how they make their money. 😀

[netcurtains] 15/6/2023 08:21

I've added more on the dip.
The 6.82% dividend and recovery potential is too strong a pull factor.

Its not easy to get a 7% dividend yield on a bank nowadays...so 6.82 is pretty good.

[netcurtains] 14/6/2023 20:59

marta34: That is so kind of you.
You should likewise buy my book. You'd love it:



(let me know how you get on with it)

[netcurtains] 14/6/2023 09:03

Banks are continuing to do well. I guess relatively high-interest rates are identical to banks making more money.

[netcurtains] 09/6/2023 09:54

So reasons for rise?