Virgin Money Uk Share Discussion Threads

[swiss paul] 06/3/2024 17:12

Millaree - pick your charity. £20 says it dont.

My charity BLESMA hxxps://blesma.org/

Challenge accepted?

[rmillaree] 05/3/2024 20:27

that has to be clearest buy signal i have seen here in 5 years. we should see return to 225 p in 27 days (9.30 am). feel free to come back and tell me i was talking nonsense if my must happen prediction does not pan out by then.

[swiss paul] 05/3/2024 19:54

So this bird
The Company announces that on 01 March 2024 the following Persons Discharging Managerial Responsibilities purchased shares under the Share Incentive Plan.

Managing Director Business and Commercial

Number of Shares 95

Purchase Price £1.5745

Allegra Patrizi

Been here since 1st August, 2023 and only just dipped her toe in.

Does that instil confidence in you?

[swiss paul] 28/2/2024 22:05

Big day on Friday, fun and games

[crazi] 26/2/2024 16:20

Goldman Sucks are in total control of the share price. Whilst they have millions of our monies to manipulate the order book the price won't get much beyond 160 (if at all) BOD/CEO just do as the House Broker tells them - useless

Lloyds, Barcs, NWest have all been climbing for a week whilst VM has just flat lined...

[swiss paul] 15/2/2024 10:01

All i will say is that there is something very strange going on in this share. Lots of buying and share price has hardly shifted, but as soon as the AGM was mentioned it seemed to generate a lot of activity.

Hmmm wonder if board are seeing their bonus gallop off over the hill.

As an aside why did they (Board) change the ROTE - hmmm is it tied into their bonus?

Answers on the back of a voting slip please 😉

[rmillaree] 14/2/2024 11:50

ref ROTE

would be interested to know why the difference on rote is so high ?

is it a real fair comparison or are you/we comparing apples with pears if they have different balance sheet profiles.

To me part of the attration here was that they needed to do doneky work to take an incoherent mess of brands and get simple coherent brand and also modernise. The realityn is to close branches to modernise and merge brands costs money and takes investment compared to company that might be ticking over not needing to re-invent itself.

It might simply be the quality be the balance sheet this company inherited - if its clearly different profile that perhaps you cant expect same numbers.

Are you 100% sure there are no genuione reaoons for difference in rote that should just fundamentally be accepted medium term or even long term. Ie comparison isnt right or fair.


Comparsions of numbers to other companies without the detail of why they are different is imho adding little of use. At least 8% is a 33% improvement on 6%

To me the most imprtant thing here is that they give good customer service and brand is clear and on point and that they work to providing simple digital stuff for as much as they can do (clearly good progress has ben made ref closing branches). In that regard ongoing investment may be needed - other that "customer service" things seem to be trending in the right direction.

Ref customer service they seem to have had an ability to annoy a % of their customers - thats not great and needs to be addressed. Note it might be semi planned to not go out your way to get insituation where customer can stand their and have natter over stuff for 15 minutes - i do think they still have issues though in tis regard from peeps i have spoken to. Thats not a huge sample though - but one of my mates worked form them and used a different bank for banking - not a great advert.

Ref poor customer service perhaps thats just symptom of what they had was not they wanted to provide so some of teh tools didnt make good customer service easy. If you are closing branch in 3 months time is it top priority to ensure customer service in that branch is great ? also staff morale while you are downsizing will be on the floor i ssupect till they have some degree of confidence they are simply not on waiting list to be given p45.

[swiss paul] 13/2/2024 20:30

Hopefully so - then near breakeven and can get out of this bag of pooh

[arja] 07/2/2024 08:44

through 160 and might get to 170 resistance this week if not today !

[blackhorse23] 07/2/2024 08:19

Money moving to GNC

[arja] 07/2/2024 07:39

expect a good move in VMUK today and to about 160 or a tad under !

[swiss paul] 25/1/2024 15:01

anyone going or more importantly can we go?
hxxps://www.virginmoneyukplc.com/investor-relations/shareholder-information/shareholder-meetings/
- Voting Intention Form for the 2024 AGM for those holding CHESS Depositary Interests (CDIs).
The Notice of the 2024 AGM will shortly be available to view on the Company's website:

hxxps://www.virginmoneyukplc.com/investor-relations/shareholder-information/shareholder-meetings/

The 2024 AGM will be held at 9.00am (GMT) on Friday 1 March 2024 at the offices of Addleshaw Goddard LLP, Milton Gate, 60 Chiswell Street, London EC1Y 4AG.

Information on how to submit questions and vote are set out in the Notice of the 2024 AGM. Responses to frequently asked questions across key themes relevant to the business of the Meeting will be available to view on the Company's website prior to the 2024 AGM by following the above link.

Announcement authorised for release by Lorna McMillan, Group Company Secretary.

[arja] 23/1/2024 13:19

swiss paul ,
the empty headed muppets always on about " take back control " having no idea what it means . have you not noticed that the immigrants from EU countries have had to be replaced by those from the sub continent etc and immigration is now much higher than before we left the EU ? Sure , we took back contol - LOL !! . But good luck to the boat people as most are genuine asylum seekers .

[crazi] 05/1/2024 14:17

Goldman Sucks putting the boot in today. Watch your dividend monies erode the value of your remaining shares as they weight that Sell side as hard as they can...

It amazes me that CEO's don't make it a condition on these Brokers that if they don't "lift" the share price when buying £100'S MILLIONS in stock then they get NO BONUS...

How hard can it be for a CEO to have some BALLS!

[swiss paul] 30/11/2023 21:04

Not me fella - I just wanted us to take back control :-)

[arja] 30/11/2023 09:08

VMUK down on close in OZ which was 145.2 p equiv !

[swiss paul] 28/11/2023 13:56

Arja - yep you got me. You can claim your £5 from the next divvi, thats if your still trading this heap.

You seem to bandy the word 'sovereingity' with those who you disagree with.

Keep stalking 😏

[arja] 28/11/2023 09:32

o/t , CEY has nice looking uptrending chart and it is a NO SD stock . DYOR ofv course !

[arja] 28/11/2023 09:30

swissie,
let me guess ! you are a brexiteer and one who enjoys eating " sovereignty" ? :) . Or maybe you will surprise me ! :)