Virgin Money (VUK), Whitehaven (WHC) & Paypal (PYPL US)

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Question asked 13/11/2021

Virgin Money (VUK), Whitehaven (WHC) & Paypal (PYPL US)

Hi there James and the team!

Thanks for your good work! Can you comment on WHC. Is it a good buy right now? PayPal has really fallen off a cliff. Is this only because they bought Pinterest? Why would that purchase cause a stock to dive? VUK - do you think it has potential short term, medium term?

Thanks

Kim

Answer

Hi Kim,

3 stocks here hence I’ve addressed each individually:

Whitehaven Coal (WHC) $2.46 – we do like WHC around current levels and are happy to stay long but we envisage a trading range of $2.25 – $2.75 over the coming months and will consider tweaking positions accordingly.
PayPal (PYPL US) $US202.03 – PayPal shares have tumbled this week following their earnings report showed disappointing revenue and future growth outlook, nothing specifically to do with Pinterest which they have walked away from. We are holding for now however it is one we are looking to jettison.
Virgin Money (VUK) $3.13 -VUK delivered a very soft report this week but we believe its showing excellent value after correcting 27% from its September high. We are staying long.

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Virgin Money UK Plc (VUK)

LAST UPDATED 12/11/2021 15:14

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