AnalysisVBNK is barely followed by analysts but I found this opinion. While it is tough to buy because it's so illiquid, what I like is the considerable amount of insider buying. It began in earnest around mid August and then really picked up steam on 7 Dec following its earnings release. And as can be seen below, their latest earnings were also very impressive. In addition, I saw a report that its fair value is $14.04. In light of these factors, it seemed like a good time to take advantage of weakness in the financial sector so I iniitated a position. GLTA
(14 March) Can I get your take on Q4 and moving forward with this name?
VBNK is very cheap at 6X earnings, with a 1% dividend that has shown some growth. Its small size adds risks and the banking sector is more or less under siege right now. But it has demonstrated good historical growth and the last quarter was very solid. Insiders own 36%. Certainly it needs to be considered risky, but it is priced well and doing well. (5iResearch)