Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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vm.uk futures up to £3.00
Anybody any idea why this is creeping up ?
My favourite bank, good potential
This is Virgin Money.
Asos has more than tripled first-half profits to a record £106 million as the online retailer continues to benefit from the pandemic.
https://www.theguardian.com/business/2021/apr/08/asos-triples-profits-as-covid-crisis-boosts-online-sales
Just found out it wasn't me,guv. Shore Capital did it !
Hexed it. Sorry.
Nearly at your prediction ! Well done. A little more for me...
We're heading in the right direction. Hopefully this will be £2 soon.
Loving this rise but no idea why ?Anybody have a theory ?
Hopefully. Its been a long hard struggle to even get back to 160's
You mean Clydesdale was performing fine until the deal with Virgin :-)
It was performing fine until that shonky deal with Clydesdale and Yorkshire
Metro Bank today confirms the sale of a portfolio of owner occupied residential mortgages (the "Portfolio") to NatWest for a cash consideration of up to GBP3,128 million([1]) .
The Portfolio has a gross book value of GBP3,045 million with a weighted average rate of 2.08%. The Portfolio consists of primarily repayment mortgages with an average remaining fixed-rate term of c.2.5 years. The Portfolio has a similar geographic distribution to Metro Bank's wider mortgage portfolio and has a weighted average current loan to value of c.60%.
The 2.7% premium on gross book value results in an estimated GBP83 million gain on sale. On completion, the disposal is expected to result in a 30 September 2020 pro-forma improvement in Metro Bank's total capital plus MREL ratio of 400bps from 20.2% to 24.2%, and a 30 September 2020 pro-forma CET1 ratio of 16.3%.
I certainly am watching this. I need 212p to exit. For years now, there's been excuses\reasons for p####poor performance. Along with all the management jargon, of course.
170s today anyone else watching this share
Great news coming through for this share nice blue day today
Decent rise up again today very pleased:))
Looking good and can get buy quote ,was at gdr and even though down around 8% in red finding it difficult to buy with
NT being quoted when trying to buy as many shares as I can before next week ,like how vmuk moving already Today
looking a strong day Today
About time we got into 2nd gear
nice move up this morning
Interesting share to be in this is a nice rise today and good news on ceo let’s see this hit where it needs to be 160-170
VMUK is at the bottom of the Banking sector, but in my opinion, I see VMUK closing above 150p in every other means. Lets see how it goes... Volume comes and it goes UP..
Of the challenger banks, Liberum said it preferred Virgin Money UK as it believed "the scepticism regarding the group's potential returns and merger synergies are under-appreciated". It added that the brand was in a "prime position to disrupt the status quo of the personal and SME banking markets, driven by an innovative digital platform and a diverse funding model