VUK virgin money uk plc

Ann: Statement re Rule 19.6(b), page-2

  1. 4,338 Posts.
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    great work. Accelerated synergy benefits. Ship up or....become the next thomas cook!

    pieces of the puzzle slotting in nicely, coupled with headcount reductions, should cushion the impact to P&L over time. Will likely be a tough year this year (take the bath now style), but medium to long, mngt are making the necessary & tough decisions now to weather the storm and come out stronger.

    My guess is another 2-3% down today based on UK lead, US down a bit too, wild guess of $2.14 close today after hitting $2.10 low.

    mkt in general goes ex-div soon, so typical Oct/Nov vol. hopefully next weeks domestic rate cut by RBA should give all equity yield plays a boost - us included.
 
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