Member Info for Albir

You need to be looking at the 12th or 13th of May, all the last minute selling and buying alters the buyers and sellers entitlement to what they are due.

Caution is the name of the game for selling, don’t sell your shares on a whim, or someone’s opinion.

£5.25 Madrid bolsa @ 09-45 am.

Down or Up?

Regarding the payment on your Shares, they can be anything from 11 to 13 days., before you receive payment.

I have never had them 1 or 2 days after the 1st.of the month.

Last year 16th May, they never ever hurry.

14th I received my divi last year, and yes I’m still waiting.

All the banks on the Madrid Bolsa are down today. It’s not always the buying and selling of shares that seems to affect the price. If my maths are right then 100 million shares are only 0.06 % (1/162) of the shares issued. If my maths are wrong? Then I am sure I will be corrected.

Ex Div 30/1/2019 and Paid 1st Feb, according to Financial Diary

It can only be the Popular bail out, the €1 Santander spent relieved the Spanish Governments guarantee of replenishing Populars savings account customers of up to €100,000 per single account and €200,000 per joint account. Santander who though holding Italian government bonds are not that heavily exposed to them.

I also read the article you quoted a while ago but for me it was a little vague and ambiguous; I did read an article that there was a proposal put forward for the AGM for two dividends, but to find if it was accepted I cannot? If you are correct in how you read the article and the proposal was accepted then that would explain the fall in the share price. It makes little difference to me but if one was a major investor / investment Co. then they would not be too impressed with loosing the interest on the first and third quarter of the year’s dividends, which equates to a six months loss of interest. I have for three of four times, tried to ratify the contents of the article that came via Reuters on the internet but without success.
Footnote.... For those too young to remember what interest is? It was a bonus of anything between two and five percent or even more, that one would get for depositing their money in a bank.

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.

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.

This is what probable caused the fall in Santander shares on Friday. SPAIN is facing the possibility of a snap general election this year as the ruling Partido Popular become increasingly engulfed in scandal. It comes a day after the PP�s former treasurer Luis Barcenas was convicted in the Gurtel Case, the country�s biggest ever corruption probe. Rajoy has now been told by the opposition that it would be tabling a no-confidence motion in the prime minister. Ciudadanos, the centre-left ally that the conservative PP need to govern, has said Rajoy must call a snap election or it too will file a motion of no confidence. It comes after a string of former PP leaders were convicted yesterday for a combined 351 years in prison for crimes including falsifying accounts, influence-peddling and tax crimes.

The difference between shares bought and sold has only slightly varied around the 8 million mark all day as it was at the close; the price though was even lower during the day than it is now. This is what happens when senior management on a whim, buys a defunct bank and all of its debt for a �1, it was always going to end in tears for the investors. Within a few weeks of the purchase, ones holdings had lost 10% of their value, with reimbursement being in the region of a scanty 1.5% for those not offered the option of buying the new shares at discounted prices. At close today the share stood at 435p, Investors are now looking at a drop of over 20% since the purchase of Banco Popular. Having said all that the Spanish and Italian stocks fell sharply today, and apparently in Spain Mariano Rajoy is facing a vote of no confidence over a corruption case involving members of his party. (Surely that cannot be true? In Spain? Never.