The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
FTSE100, almost up 800pts, since low point during last Fri, and based on what.. absolutely stupid. Reality will kick in soon. Mark Carney to cut interest rates......well, with only 0.5% to work with....good luck with that. Oh by the way, does anyone know of any borrowers that only pay 0.5% interest. £250bn ready to go to the big banks, and just like 2008, the big banks will keep all the money, thanks Mark (that's from the big banks) Brexit, to get a new leader.....yes... a Remain candidate, Theresa May......you could not make this stuff up. Chancellor gives up on controlling deficit......borrowing to get out of control, again,........Labour completely lost........and the stock market soars.....is this a script for some American df movie?.
Sorry.... as you can see at the start of my post, this has been "manipulated".
************* did a weekly update on company short positions, but has stopped. The LSE(stock market) pubishes a daily short position on all shorted stocks, but you need Excell to read it. I have looked on LSE(sm) but does not provide the info on ALD. What I did notice.....another surprise... Aldermore has "underperformed" the FTSE100 by just over 60%. At 3:00pm today, ALD managed 5th place on the worst performing shares in the FTSE250.....still better than are usual first place. Oh....nearly forgot, add in more crap...Barclays on 11th Nov...equal-weight....310p reiteration.....today.....equal-weight...120p...reiteration.........don't you just love it.
so if manipulated down to this position,is that because its been shorted,or because those makers want to buy in low, or both?! shawbrook and aldermore are seriously confusing. Ultimately I dont see either business being anything other than strong going forward?
This must be the Best Buy in the market by some way. In 12 months this will be back to £3 and will still look cheap....
I'm sorry to say, this is one of my larger holdings, and I'm hurting after the last couple of days. Now I'm torn how to play this one. I still think this is a fundamentally good business which is growing nicely. It should have significantly less exposure to Brexit than the established banks, so should be better equipped to cope with the inevitable fallout. This suggests to me topping up and getting my average price down. But against this, I can't disagree with anything you've said Zach. Despite good fundamentals, the market seems to be punishing this stock, and I don't know what will reverse that...
Hi Onye, yes Morgan Stanley have increased their holding to 7.11%. Which as shareholders, is good news. Sadly, all of the very heavy buying of ALD shares, is beinging ignored by the market makers. There was a great opportunity today to mark the shares up on opening, or through buying, with a buy/sell ratio of over 2:1, and that has been on all four trading days. Challange banks today,....Shawbrook +21.43% (was over 27%).....Onesaving +10.32%.....Virgin +8.65%......Aldermore +1.82%.......but this must also be read in the context, that ALD, had been smashed on the Fri and Mon past. All the other challanger banks falls were about half of that of ALD. Aldermore, was the number one faller of the FTSE250 on Fri and Mon........but what is important here.....it was marked down...it was not sold down..........Aldermore has been manipulated to this position by df market makers.
Hello Zach 1 the RNS is that not a buy from an investment company.
Crushed......the number one faller in the FTSE250, for two days running. From 205p to 111p on day low. Then, FTSE, two days of HUGH gains, and ALD as usual, left miles behind.....then add in broker downgrade today, from JP Morgan Cazenove..... 275p to 165p. All the other challanger banks, lead the FTSE250, with big gains. Add to the confusion, massive buying of ALD, on ALL four days......and we are still at the bottom?. With FTSE massive gains over the last two days, we now must expect a sell-off....... If your share collapses on big down days....and stays still on great up days.......then you are in trouble....can see this go under 100p. Market makers, have decided, to ignore the strong buying, and the fundamentals of this company.
Txs but it's the story of my life, in too early out too early 😄 GLA
They say (and me), "never catch a falling knife". Good luck and I hope ALD reverses, But for now it is being hammered like the rest of the UK banking sector.
Bought in here on fri at 149 after watching this go up and down for months and never having the funds available. Only wish I had more to invest ! GLA
£250bn for the banks !! Fantastic news....
Think you will see £1.80 in short term and then climb north slower after that. PE only 5/6 and profits still likely to be strong post Brexit IMHO dyor
Just bought again. Made nice money on last lot, so risking that profit. On a two year view, should be a lot more than the 145p, I paid. The market is saying by this fall, that only a very few people, will ever buy a home again....... WRONG.
LOL!
Don't you just hate, a smart ass.
Brexit looking like a strong Remain, £3 here we come 😀
Nice rise today.... Cheap as chips.....
Need to load onto this one sub 220p....
Looks like we are remaining in Europe, excellent news....
Just bought. Unlike Frisby, it looks like an exit win from me. This is now a cheap stock on any fundamentals, although it could well become lower after EU vote, in which case I will buy more. This has been hit much harder than the other challenger banks, which I see, as a good reason to buy.
Fighting back this morning. Bought in last week off the back of very good Q1 update. Obviously BTL is a big driver and will tail off. But seems good value to me where we are today at 190
Agree. But a disappointing share price reaction. I though it would at least hold a new low of 190, but no.... :-(
Fantastic trading update ...