Hello Crystal. Giving it even further thought. With RBS coming to the forefront and there being a desire for the takeover to go ahead then I expect the conditions to be very favourable. The possibility of SantanderUK floating and the joining of the 2 companies is very attractive. Saving on administration and IT and the new very large customer base in my opinion points it towards an early 600p With the US test passed next it could be on its way to its old heady days of 1000p. plus. I may… Read More
Hello Crystal. It appears the MM's are busy putting pressure on SP. I still think that there will be moves to float SantanderUK shortly, as they wanted to a couple of years ago. In my view SP will rise to 400p. in coming months and when they pass US stress test next year will regain 550p.
Hello Crystal.. We seem to be the only ones on this BB. Banking is still in a bit of turmoil but they always come out on the bright side eventually. I consider Santander shares to be a good buy for long term, they have decent dividends and are lifting off the bottom. I came in previously, a few years back, at 330p when most were standing back and within 18months had doubled on that occasion. I still think Ana will launch Santander UK shortly to bolster group funds until Santander recovers… Read More
I don't think the dividend is enough to make me buy in more simply for it, i'm getting close to break even point, so it's not as if buying in will help me get my average down. As for recovery to the point of last year, where it was 4.70 or higher, i don't know, not in the short term for sure, i'm still hoping for a small profit then i'm out
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