Uncle Doug
03 Mar 2017
Here we go Hit 460 today. Bullish few weeks , several higher highs and sharply above 50 day MA. Threatening to break out.Expect to head up to 500 ... Time for a re-rating. Ker-ching.
Market Guru
06 Feb 2017
Williams & Glynn Rumours Again! Speculation that CYBG's interest in Williams & Glynn will wane and BNC to win the deal.Likely this will be announced on the lead up to the 2016 full year results for RBS later this month.How the BNC share price will react? Not really sure; but more positive than negative in my view.Regards, M.G.
arp40
05 Feb 2017
Dividend tax Could anyone enlighten me as to why Equiniti is deducting UK tax on my dividends payment please?
Market Guru
02 Feb 2017
Broker Upgrade - UBS (ShareCast News) - UBS upgraded Santander to 'buy' from 'neutral' and raised it share price target to €5.85 from €4.15. A strong fourth quarter prompted the broker to raise its earnings per share estimates (EPS) by 7-10% for 2017 and 2018, with the latest set of "strong" financials solidifying its view of the bank's improved earnings momentum and profitability premium. The broker's more positive take is due to increased conviction on Brazil's turnaround, less cautious view on UK/Spain net interest income (NII) and improved foreign exchange dynamics. Brazil's improved outlook is instrumental in the Spanish lender's enhanced profit power. The fourth quarter reflected that with fading deleveraging pressure combining with positive net interest margin (NIM) progression in the initial phase of a monetary easing cycle, strong fee progress and more stable cost of revenue (CoR) prospects for a 15 to 20% compound annual growth rate (CAGR) 2017/18 estimate net profit growth in local currency terms. Although the bank does not score well on the capital front with an approximate 10.5% fully loaded common equity tier 1 (FLCET1) ratio, there has been no "meaningful impact" on the broker's valuation. "That said, the 50bps formation throughout 2016 met guidance after absorbing a 40% cash payout, and our estimates suggest SAN reaches its 11% target one year ahead of the 18E deadline. Our take is hence pragmatic, and we see capital as having no meaningful impact on our valuation." Santander's share price rose 2.15% to 1122 GMT on Thursday.
Speedo Boy
02 Feb 2017
Re: Santander is facing fury from tenants and housing groups Hopefully the media won''t go to town on this, although it does seem BTL landlords are their new whipping boys at the moment!
Uncle Doug
01 Feb 2017
Santander is facing fury from tenants and housing groups [link] is article re Santander clause telling landlords to raise rents to the max. Good for Santander to be aiming to ensure loans get repaid but sloppy PR I reckon.
Market Guru
27 Jan 2017
Evening Standard - Interesting Article re Santander A very good article, re Santander UK and where it fits within the UK market.....[link] M.G.
Uncle Doug
25 Jan 2017
Superb Results - Press Release "Underlying profit before tax was €11,288 million, up 11.7% excluding currency movementsMadrid, 25 January 2017Loyal customers increased by 1.4 million to 15.2 million, with lending and customer funds up by 2% and 5% respectively, excluding currency movements.Tangible net asset value per share increased by 3.7% to €4.22 in the year, cash dividend per share increased by 8% to €0.17 and earning per share increased by 1% to €0.41.Common Equity Tier 1 ratio increased by 50 basis points in the year to 10.55%.In the fourth quarter alone Santander generated €1,598 million in attributable profit, compared to €25 million in Q4 2015.Banco Santander Group Executive Chairman, Ana Botín, said:"In 2016 Santander has achieved strong results, meeting all our strategic and business objectives. We have earned the loyalty of a further 1.4 million customers, serving 125 million people and businesses across Europe and the Americas and increasing lending by 2%.It is thanks to the talent and hard work of our teams that we have achieved these excellent results, while also executing our strategy in the right way - a way that is more simple, personal and fair.Our investment in technology, together with the advantages of working as a Group, make Santander one of the most efficient and profitable banks in the world, with a cost/income ratio of 48%, while also improving the customer experience, especially in mobile banking and digital services. Santander now ranks among the top three banks for customer satisfaction in eight of our nine major countries.The strength of our business model and the discipline in execution, has allowed us to accumulate more than €3 billion of capital in 2016, taking our CET1 ratio to 10.55%, exceeding our target. During the year we have also increased earnings per share, dividend per share and tangible net asset value per share.Going forward, we have many opportunities for profitable growth in Europe and the Americas, in an environment we anticipate will be volatile but generally better than 2016.The key to our success for 2017 and beyond will be an ever-stronger collaborative culture across the Group and a shared purpose to help people and businesses prosper."
Uncle Doug
08 Dec 2016
Re: Volatile Got there today (420p) then slipped back a bit. Up 32% in 6 months. Extension of QE announced today for whole of 2017 should help. I am very near hitting the Sell button but BNC has broken the 410 barrier and banks seem to be in favour right now so I'm continuing to hold and lifting my stop loss.
roverbill
06 Dec 2016
Re: Volatile 20p up today, now 385 whats the reason for the big step upUncle Dougs 420p by year end looks good
Uncle Doug
14 Nov 2016
Re: Volatile Today 370, expect 420 by Year End.
abeetle
24 Oct 2016
Re: Volatile Need Gunga Din to make sense of this!The bid/ask price remains normal ~393 but the trade price for Ordinary sells is at about 307. Some of sells have negative signs on the volume. Auto sells are at ~ 393.
High Tech Investor
24 Oct 2016
Volatile Blinking bonkers this price switching,Anyone got any inf
5 Iron
24 Oct 2016
Bouncing around am Whats going on? it bounces from +10 to -76 and back again. Up down, up down. Very odd.
Tommotumtum
13 Oct 2016
Banco santander I need to close my Banco Santander account online. Does anyone know how to do this? Many thanks.
