Member Info for Petr_

What do you think is the likely driver of the current SP creep?

Is it a q/q NIM drop?

How do you predict the SP move for the remainder of the year? :-)

Will we bounce over 130p?

What is the next catalyst?

Seems the drop yesterday like last chance to get while cheap? ;-)

I agree.

The report was in line with expectation, so today is kind of sell the news effect.

Considering the document "Vanquis Banking Group post-FY25 Results Analyst Consensus" from 22th Apr 2026:

Forecasted EPS in 2027 is 23.7p

=> for conservative P/E of 8, the SP shall be 189p

2027 results are in ~ 18 months . If the positive trend continues, market will price it 3-6 months before IMHO

-> in 12 months

So holding 12 months for the potential 70% gain, is rational for me...

Fingers crossed for tomorrow,

hope the trend will be confirmed and no negative surprise!

Yes, hope in some tailwind in terms of global situation mitigation...

some positive signals coming from Ukraine and Iran recently...

Noted, so you expect, after the short term consolidation, continuous slow up trend move from now rather then some quick move, right?

I find the report over all in line with expectation....

seems market was expecting even better results...?

Resistance 130 broken today -> hope we get the direction 140 before the results!

Putup, let´s read my message again. ;-)

I mentioned: There won´t be likely better environment for Vanquis reaching their reinforcement, than now. (as there is NO RECESSION, low unemployment rate...)

What would be your prognosis for the case the recession would come? How Vanquis would be resilient against it?

In general, the current economic environment shall be a tailwind.

When the turn over shall be reached if not now (no recession, no big unemployment, shall lead to stable collections...)

I expect results (+/- few %) in line with expectation accenting the Gateway progress and hopefully savings implementation/ identification -> lean operations.

Hope to see some new product(s) launched?

Last 6 months in the mild up trend, where every local bottom is higher then the previous month.

Let´s see if there will be fear or greed prevail prior to the results announcement in February.

I would not expect any bigger move (up / down) prior to the results are released and trend is confirmed..

I would say it is consolidating before the next slow move up.

In the report, there were no real catalyst.

We are still higher than in the last earnings released from mid of the year (105p)

So we go the right direction...

Today´s trading update is IMHO to be perceived as neutral, on track.

Agree with Putup that the growth now shall be rather slow creeping, as long as company moves in line with their forecast...

I find positive, that the CEO and new management team more or less delivers according to their guidance, which is quarter per quarter building more and more trust to believe they are on track to achieve their 2026+ objective.

So still, solid chance the SP will move nord of 140p in 2026....

GLTA!

P.

If we stay in the upwards 6M channel, the local min shall be around 115p before another leg up...

Thx, Putup, if they project FY27e tangible book of 179p -> when do you think that market shall reach this value? 3-6 months before the date of the publication of the results for FY27? (as markets usually price in the expected results 3-6 months ahead? Or do you expect the SP to reach this first after the publication? (meaning in this case this would be approx. 04/2028? Still, 180p is 50% increase potential from today´s SP -> to wait between 1- 2.5 years for the potential 50% profit sounds OK for me...

Seems that today, the level 130p was tested, no break , curious if there will be small pull back to 120p level area (similar of those at 100p and 120p levels, or if there will be another trial to break though 130p? ;-) In any case, hope it will continue slowly creeping up to 140p+ and what will be the effect of the two investor meetings approaching (17th of Oct -> Capital optimization presentation, 5th of Nov -> Third Quarter 2025 Trading statement)

I believe the 3rd Q statement will be in line with expectation, which would support the current trend...

GLTA!

Yes, trend seems to be our friend now, 119p was the resistance, so let´s see if the break out is confirmed and we move to the area 120-140p

There is always chance. I shared below I think we might see it before end of 2026, if the company performs or overperforms their business recovery plan.

Putup sees the SP at approx 1.6 pounds in 12 months...

Already 10p dividend for my 60k shares would be nice annual income... and this might be realistic from 2027 onwards for 40-50% of pay out ratio...

Hxulcolrdoh: SIGNED! As well for me, the MANAGEMENT (VISION, PLAN, STRUCTURE, TRANSPARENCY, MONITORING, STEERING, PASSING, ENTHUSIASM) is the key. And with new management, it is THERE. This is a key for success.

Another aspect -> the industry is not dead and market is there -> so there is a plenty of potential for growth. Macroenvironment seems to be improving as well.

I have approx. 20 companies in my portfolio, but I plan to keep holding VANQ long term (as long as this management is there and current trendline won´t change) nd will be ignoring the short term SP moves / pullbacks.

Possibly, I´d like to have this share as the solid dividend income for future....