Member Info for Patexd

My understanding is that this company apart from trading in UK in Canada and Scandinavia and has like Standard Life exposure to corporate bonds but does not have the kind of eurozone exposure of Aviva. Obviously can be affected by eurozone fallout but not much directly

Yes but much overpriced !!!! Never follow the herd . If you are not in early wait for the inevitable and meanwhile keep your cash somewhere else. You cannot tell me 2.54% is somewhere to keep cash. At that rate you are better hoarding bottles of Jonnie Walker

Good company but in time of slowing global economy alleviated maybe by money printing and with a yield that is not now tempting I find this not exciting !!!! I do not want to upset our friend Mulled Wine but suggest a flash crash would be a chance to add to this nearer 1700p where it would be more enticing. More hopefully something will happen that causes it to fall out of bed so we can buy before recovers conciousness ! I have to say it but for me its 'Hold and ignore' because there are esasier places to make a few bob or get a better yield that are as good if for different reason !

Buy at 5p

WHOOSH IN THE BIN SHORT IT TO HELL

Question is whether the loan would be refianced in this case substantially by Barclays. Have a look on the ADVFN thread for this as there are some experienced and varied opinions. If you are holding all these you risk losing a lot of money. There is the dividend that may be cut and other possibilities but it has to be a pure GAMBLE. So if you can find a good way of reinvesting that money that will recover your loss and regain your momentum that I would not hesitate to do. Its very sad I must say. Thiswas a lovely idea -a lovely prospect but I think it really hangs on the currency swap. Sterling has recovered a bit but can see no reason for it to get back to where it needs to 1.50 at least.

You have got this the wrong way round . The company got the Euro to pay for the loan that financed the properties at a rate of 1.60. In 2014 the loan has to be redeemed or refinanced .The exchange rate is now about 1.22 not as bad as a year or two ago but still way underwater. You have to accept the shares will be worthless in 2014 but in the meantime you have a dividend. Work out how much divi you get and how much capital you lose. ancsYou could be a gambler -that something might happen -but if Euro collapsed and we had pesetas and francs well the franc where most of assets would be 'bette'r than the pesetat worse for this asset- it could get a bit closer to the 1.60. Actually the case for ALPH is a little less negative negative but its not yet a good gamble for the additional reason now of recession in Europe. Enough said indeed !!!!

They may have big new loans to capitalise their banks but this money has to be paid back . Sadly there are no conditions to make them reform. Above all with 50% of young people unemployed Spain is massively uncompetitive and a big devaluation still the default option.if deflation cannot be enforced to bring down their price level. If you have bought Santander get ready to pull out if you have not done so

I sold my Santander bought in sterling at 1.22 and will send the Euro to Canaries for my holidays. Gave me an exchange rate over 130. Hoping for a sharp retrace soon with Greek Elections to buy in again. Want to catch a few more euros for the winter.

Dividends in ISA are tax paid NOT tax free! Bonds are tax free in an ISA. But all capital gains tax free if you are basic rate taxpayer Does Putin shop at lauras in Moscow ?

Good investment for income from the country with best economic growth prospect at present

This SP has improved since I bought at Euro 4.26 I have heard though that the dividend is being cut from present high level due to the cpital costs. Well that was to be expected and at reduced cost of the shares not a problem for me.

Sorry I have miread Banco Santander dividend dates . Fortunately my posts were outside trading hours . THE QUARTERLY DIVIDEND WAS I FACT PAID AT BEGINING OF MAY. The next one falls due to be paid beginning of August.but alwaysvcheck the Santander site.

Sorry ex div date tomorrow. so today 30th was last day or dividend.

Banco Santander -tomorrow last day for quarterly dividend. EX tomorrow 31/5 Pays 1/6 as quick as that. Lot of risks holding this and it may be a long wait with rough waters to cross yet. But Spain will survive. Will Santander end up like RBS 20p ? Pray.not. (declared interest : I am small holder)

At some point these shares are a buy.. The big issue in Spain is competitiveness and the second is corruption. People are fed up with the rip off property system they are fed up with the Inheriteance Taxes foreign buyers fanilies have to pay and having their bank accounts frozen when they die so they don't want Spanish Property. They have very high unemployment and they can sell little abroad because they have to sell in Euro.. The future for Spain is hopeless. Touristswill go there until the hotels start closing down.Spain is far big a problem than Greece. Santander gets revenue from Brazil but the Brazilian Real has dropped a lot.too. What price buy Santander -you can always buy and average but until it is clear where this is going to stop this isa pending disaster..

Bargain !! HA HA Alert HA HA. You should know when the market drops this one is very high risk.Look what happened in 2008/9. Its got a goodway down to go yet

I sold long ago at 157p and wait for it get nearer to there.

20% witholding tax. Hassle getyting any back. Hassle i you sell-Ha HA -you even have to fill in a Spanish Tax return !

Indian Rupee falling and sterling stronger -unfortunate for the Indian venture maybe -but what can turn this company round