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Topped up today, some good numbers of late and with Interest rise on the cards will be smashing back over £2 in the coming 6 weeks.
Nice pop on today ready for the results - markets think we may be looking at a 0.25pct basis points interest rate rise instead of 0.15pct - kerching for VMUK if that happens - looking for solid results this week and a further uptick north
gla dyor etc
I got in on update @ £1.83, surprised sp went down considering it was positive news and sp had been comfortably hanging around the £2 area. Green on Friday when most where in the red, so hopefully bodes well for the 24th....
Seems oversold on decent trading update - bought back in here
1:09pm someone sold 913000 shares for c2pence each hahaha
Agree, very cheap and safe stock, why risk when this should bring me 15-20% return in less than 60 days.
Smartie - I bought in here yesterday at 174p as I felt the interest rate rise was a certainty next month and the share had been battered due to the last rate rise not materialising - concur with you that this stock looks very very cheap right now on the back of cpi
dyor etc
Following those CPI figures today how cheap does this stock look now?
Very interesting that BoE decision looks highly questionable now, no?
DYOR
Expecting to see a rise today.
Bought in at £1.70, very pleased. Would expect this to be at £2 region on the next few months, better in this share than in the bank account.
Crikey, looked at price for the first time in a few days. I can’t believe I missed below 170p.
What a very cheap price at this time. DYOR.
In for more today.
And Abrdn in talks to buy Interactive Investor in £1.5bn deal.
https://www.ftadviser.com/companies/2021/11/08/abrdn-in-talks-to-buy-interactive-investor-in-1-5bn-deal/
Virgin Money & Abrdn platform to launch next summer
https://www.ftadviser.com/investments/2021/11/09/virgin-money-abrdn-platform-to-launch-next-summer/
And
9th November @ 9.34
DEUTSCHE BANK RAISES VIRGIN MONEY PRICE TARGET TO 260 (255) PENCE - 'BUY'
I agree really positive financial update, drop possible just a bit profit taking ( “sell on news” scenario ) but it’s been a really good couple of years for virgin money and after a nice report a pause for breath and up and away again, I like the push to electronic too.
I’m in at 181p and can’t see anything in the report that “should” prevent this from rebounding fairly quickly.
Al in all amazing rns see previous post ref new coverage
The profit jump from a awful loss is quite something , in fact most spectacular.
The dividend small as it may be is a sign of positivity and confidence.
The integration into more techy side is most welcome and in line with customers expectations.
This was dropped to allow large buyers on board and will IMO shot back swiftly.
The update is strong on jargon, as ever. But a 1p dividend ,? Why bother ? I am out of here ASAP.
OMG. Yet more jargon and a 1p dividend. I'm underwhelmed, like the market. Time to leave soon.
Well 5% fall. Looks like I need to buy some more.
Looks like a great update today. Lots and lots of positives plus commencement of dividends.
Surely we’ll see a rise early.
When are people expecting dividends to start again? Just interested in people's thoughts?
Virgin Money UK PLC Stock Price Forecast for 2023 October 2023 382.297 395.860 382.297 395.860 3.43 % ?
https://walletinvestor.com/lse-stock-forecast/vmuk-stock-prediction
Big jump this morning. Any ideas why ?
Thank you. It's back to its normal self now, I see.
vm.uk futures up to £3.00