Member Info for BIGfatty

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.

Over 5 million shares sold late today. So what do they know and don't tell us?

Seems it's bail out time as over 1.3 million shares sold after hours.

LongSufferin are you a carpetbagger then?

LongSufferin are you a carpetbagger then?

Going down. So does anybody know why, or is it just a generalised 'worldwide' sell off?

Santander Consumer’s parent, Santander Holdings USA, set an unenviable record by becoming the first bank to fail the stress test carried out by the Federal Reserve for a third year in a row. These and several other nuggets suggest junk bonds status not far away.

Shares in BNC are like the Titanic, 'they seems sound but are leaking all over the place'. Captain Botin O'Shea has done enough damage to this passenger, time to bail out. Looks as though BNC will be 'junk' bonds soon.

Time to bail out of BNC. Seems like O'Shea values bigger wages/profits before dividends. Can't see these shares rising anytime soon.

I had heard that BNC was supposed to be getting listed in the London Stock Exchange due to the amount of UK assets that BNC had in it's portfolio. Was I dreaming?

Why if Banco is making so much profit are the dividends so low and about to get worse if you opt for SCRIP DRIP, due to the rising price of the shares?

Surely if the pound weakens against the euro this share should go up in price not down or is Banco in so much a mire due to Brazil's economy going down the loo?

It seems with Brexit and the failing Brazil economy Banco shares will be worth a whole lot less than the "bargain" price of £3 a share. Pointless buying more as the price will keep dropping.

All I can see for the future is Junk Bond status for Banco. Share price collapsing dividends much reduced. Bail out time.