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Only two dividends from next year.
Er Hello, don't we see this every time a dividend is due. Look forward to it falling again just after appropriate date.
The ex-dividend date this year is 16 October and the payment date is 1 November. I have seen a prediction that the dividend rate will be just 3.5 euro cents per share, so yes it is difficult to see logic in the recent SP rise but it is good to see it back over £4.00 per share.
I think record date for owing shares and collecting the next dividend should actually be around 18 0ctober which was the date last year.
I think the sells are by the broker so they show the demand for them is rising. I believe the cut off date for your shares is 1 0ctober so there may be increased demand for them to that date.
I'm just happy we are rising again, back to 5 pounds soon :-) the buys and sells don't always make sense. we seem to rise when more sells and drop when more buys...
Are you perhaps reading it back to front ? I have read today’s buys and sells and I read 196,000 sold , and I presume that’s Santander selling, Then 56,000 bought, and I read that as bring bought by Santander.? I am not saying that I am right but that’s how I have always read it. Based on the price of the share in comparison with the amount sold or bought.
BNC shares £4 +. I don't understand---millions of shares sold late yesterday. One sale was 20,000,000 yet the shares go up in price and the pound is stronger.
Anybody with any explanation??!!??
The Banco shares certainly won't be on 'Are you being served' as these shares are certainly not 'going up'!
No doubt Robert Sole 17 will tell us that these shares have a great dividend return!
It's a dog of a share and seems to be for many years.
Can't see this share rising much above £4 any time soon.
Perhaps it has something to do with Santander shareholders being shafted up the a***?
What's being gay or not got to do with BNC ****ty share price?
There are always 2 sides to every story, and the flipside of your good value to buy, is my (and others) unhappiness at the collapse in the share price since the rescue of Banco Popular, which I did actually predict at the time. I'm not sure where you arrive at the significantly improved business model either, as any improvements they may (or may not) have made, obviously have not convinced the market as the share price confirms. A low P/E is as often a sign to avoid as it is to buy. Still, you pays your money and you takes your chance.
Santander’s business model has improved significantly in recent years in my opinion. It has been able to strengthen its financial standing while also improve on its efficiency versus banking sector peers.
Of course, improving performance from a number of key markets such as Brazil has helped. The company continues to offer good value for money to my mind, with the Santander share price having a PE ratio of around 10 at the moment.
https://investomania.co.uk/2018/07/is-ftse-beating-performance-ahead-for-j-sainsbury-plc-banco-santander-boohoo-com-plc-and-vodafone-group-plc/
Apparently for the over 18s? Not sure why. It is perfectly possible for somebody to have almost completed a year at uni and still be 16. Had to opt for a young person's account instead which at least was better than TSB telling us that due to their ongoing problems, the first appointment available was during our holidays. Told us to try another branch, told them I would try other banks.
BNC shares are only a bargain if punters want to buy them.
I'm waiting and waiting for some good news to come out of the Santander bunker but it seems only
negative news I'm hearing. I hope I'm wrong.
Some may find this article of interest https://www.fool.co.uk/investing/2018/06/19/is-the-santander-share-price-the-ftse-100-bargain-of-2018/
I have been making this point (Banco Popular) since July 10th last year on here, and I still firmly believe that it is (or at least is very similar to) the HBOS scenario in the UK. Governments in collusion with high ranking directors playing fast and loose with our money. You would think that they (the directors) would be held to account via their fiduciary duty, but hey, that would be in a fair world wouldn't it?
It’s no good dreaming, the absolute reason why this share is preforming poorly is the purchase of Banko Popular. Hopefully it will turn out to be a rewarding investment in the coming years. You are correct about the abysmal interest returns on saving accounts though, I have £20 Grand in one savings account and receive interest of about .11 pence a month.
You may be right, but it is hardly a ringing endorsement is it? I would guess that the main reason that folk are staying put (in others as well as here) is that with interest rates as they are there is pretty much no choice. Lets face it, it is just too much hassle to go changing your account for fractions of a percent.
arsenal58, You hint that the number of account holders is dwindling, thus the fall in profits. This is not the case as regards account holders. 2016, 14 million UK active account holders, 2017 14 million UK active account holders. I never said that Santander was the best, only that it was not the worst and still represented a reasonable deal. This born out by the number of active account holders in the UK holding steady whilst, presumably, Santander makes more profit off the back of it. Exactly what you should be looking for as a share holder in my opinion.
Check it out Maid Lloyds Tsb , and the Halifax all do better accounts than this outfit now and all are free to use Santander seem to have lost their way ???
Hi Maid Have you any knowledge of fall of of accounts? I did not vote for Brexit for a variety of reasons, one of the major ones being I like to know what I am being asked to vote for.
arsenal58, So far as I am aware there has not been a fall off in the number of accounts over the last 12 months. Although annoying and frustrating the cut in the interest on current accounts still represents a good deal at 1.5%. The fall in profits roughly equals the fall in the value of the � v the Euro post referendum, still don't blame me I didn't vote for it!!!!!
"Was the takeover of Banco Popular a Spanish version of the Lloyds HBOS situation? It certainly has many similarities. Large bank on the edge of going bust, desperate government knowing the dangers of letting the first domino to fall putting pressure on a "savior". The "savior" upon taking control finds a toxic balance sheet and needs to raise cash desperately. Savior bank investors asked to stump up more cash via a rights issue that will dilute their existing investment. This is then followed by years and years of under performance as the management struggle to assimilate and turn around the bad bank, taking their eyes off the ball on their day job as a result. I hope this is not the case, but you know what they say about the mistakes of the past. GLA" Share price at the time was 5.09. Sometimes it is painful (and costly) to be correct.