NEW ARTICLE: Trends and Targets for 14/03/2016 " FTSE this week, GBP vs USD, and SANTANDER (LSE:BNC) Don't get used to us doing THREE major reports for a Monday morning. The Formula One season is close to starting with the result we'll have better ways to employ our weekends. Back in the ..."[link]
NEW ARTICLE: Buy equities before the earnings coast clears "Here is some good news no one envisions: If oil prices are done plunging, corporate earnings soon rise. Put your money down now, while earnings uncertainty still blinds the masses.Earnings were weak both in 2015 and now, but think forward, not ..."[link]
Re: Euro Ref -- in - out??? I hold Santander shares in the UK and Spain. Can't see a problem.
Re: Euro Ref -- in - out??? Probably sweet FA. The EU savings guarantee is a very debatable piece of legislation now the EU Bail-In Act 2013 (16) has come into effect. This appears to override any state guarantees. I don´t think no one knows what a UK exit would bring. It´s all "Mystic Megs" on both sides, there is no hard facts. Leaving the EU is more of something that would affect business rather than ordinary people. The EU is basically a business conglomerate. I wouldn´t get too concerned about the UK leaving/staying in the EU.It probably will bring about another UK election very shortly.
Euro Ref -- in - out??? Does anyone have a feel of what the affect would be on the Santander share price if Britain voted to leave the European Union?Also what about the savings guarantee and dividends etc? And the ability to buy and sell shares. With BG Group (formally British gas) selling out to Shell Royal Dutch and also holding Ibederola shares, its seems some of my portfolio is now held in Europe. Would an out vote affect this both from a practicality point of view and dividends and tax etc?Any comments would be appreciated.
stick with the banks OK banks are bad news right now, but that means shares are very cheap especially BARC - bear in mind people have to put their money somewhere and the mattress is not a good place!
Additional £100 million Safeway pe... Whoops previous post on wrong company. Sorry.
Additional £100 million Safeway pension liability Is this common knowledge?High Court rules against Safeway Pension SchemeThe High Court has ruled against the Safeway Pension Scheme, leaving supermarket chain Morrisons with £100m additional pension scheme liabilities. The court case arose when Safeway Pension Scheme members complained that changes to their retirement ages had not been made until 1996, despite an announcement regarding the changes being communicated to members in 1991. Brian Green QC, Leading Counsel for Safeway, stated during the trial that the case was possibly the largest equalisation case, in financial terms, to come before the courts. Pensions Disputes and Litigation Partner at Burges Salmon Justin Briggs said: Even for a company of its size, a liability of £100m is a significant burden. Safeway has sought and been granted permission to appeal and therefore these important issues will be aired before the Court of Appeal in the not too distant future.
More likely a red hot iron HC Made a nice 10% free shares thanks Hardcore!
Gve us a wave, 5 iron! What a difference a weekend makes
Re: Lowest price for ever? At the start of the week there were rumours than Santander, Barclays & HSBC were in trouble. Last week, there was hysteria in an Italian bank which lead to a run on the bank, something which went unreported within the rest of the EU. Most banks are up today & have been following the same trend as Santander but there are big worries over the solvency of banks such as Deutsche Bank. RBS, another that looks completely insolvent. Time to take your money out & buy bullion!The EU Bank Bail in Act 2013, is a serious bit of legislation! These government guarantees count for nothing. I am buying more physical gold!
Re: Lowest price for ever? Thanks for your good luck Hardcore- seems to have worked -just bumped up to 294- thats up 34p per share since your comment Tuesday.
Re: Lowest price for ever? Thanks Hardcore. Hoping for a bounce back up to £3 over next few days. Every bank is in every country these days Hardcore. No more worries here than anywhere else. Still backing gold since the USD1800 days? What will rise the most % in next 12 months - oil from 32 or gold from 1100. Oil could easily double so could bnc but gold won't!
Re: Lowest price for ever? Good luck, with that one! Rather you than me investing in a Spanish bank. Watch The Big Short, the movie I have posted on the Tesco BB, cast your mind back to 2007-08 & all those banks. Bear Sterns, those directors had the same idea!
Re: Lowest price for ever? Wow. Big director buys today. Good signs for my buy today!