Member Info for tonyj

I have said it before but I feel that now is the time for Santander UK to be part sold off as Santander has done around the world before. If they retain 51% they will still get good returns plus a massive asset input from the sale. They were proposing to do this just before last banking crisis. Now the time is right.

Suff. Did you loose a few bob on your sale. 750 plus div on the cards.

Unfortunately that is what they want. Sell,sell,sell. That was the intent. That is buy back. The risk is that if there is a sudden jump you will not get back in at the price you want or at all.

I have a strong feeling that HSBC could still reached 700 by year end. Accountants like to keep the books tidy and to buy upwards would make the company look good in the banking industry. However time is short.

There is still a good chance that Santander will put up 49% for sale of UK. It is logical seeing that UK finances such as mortgages could well rise after article 50, so Santander could get a good return off of 51% ownership and have an asset gain which it could do with now.

Hello All.. Have not been viewing for last week. Any suggestions why SP down so much. It would appear that buy-back continues briskly, being paid for by Brazil money. So total share numbers still reducing at no cost with buy back. So is it political unbalance or manoeuvring by Goldsmith. As it is unusual for big cos to buy-back I would place them outside daily FTSE100 ups and downs. When someone is looking for stake building and this case to dispose logically SP would rise.

Does not make much sense at present, over bought but falling. Are they just quoting any SP price.

"Push pineapple, shake the tree". Buys/sells going well, so just trying to squeeze out a few more.

You have probably noticed a lot of big trades are Ordinary so probably not HSBC orientated. If so big chunks are going outsiders so HSBC may have to up the bidding.

Hello there.. You have obviously done the maths so what do you consider the top-out price should be. Thanks

Logically SP should rise and rise whilst buy-back is in progress. Sellers are being sucked up by HSBC, so less shares in circulation higher SP. However every so often broker stops transferring to HSBC, on instructions, to hold SP down and shake a few more sellers out. After all HSBC has given the instruction to buy-back so its going to take them eventually but the computer, which only balances buys and sells, backs off SP when there is a hold up in transfers to HSBC. If a few more resisted selling then SP would possibly rise.

Hello Fan62. You may have seen my other posts. My view is that there may or may not be a take-over of Cyan but either way the .18p will lift to 2p possibly higher, so X10. We will see. Here we are on a site that by running a heavy buy-back is lifting the SP but normally it would be down in the dumps as other banks, so not exactly the normal and many hope they will cash in on a high next year.

All.. Keep an eye on them in the future. I have some now and they could be on the cusp of big time if not taken out. Do your analysis, it could be an ARM some day. Or just another AIM.

The market cap will depend on how the market sees the cash flow, supposedly HSBC are returning this cash as a result of selling Brazil interest but never the less buy backs come out of capital reserves if necessary. Having said that I still think that HSBC will speed up the buy back. There is a lot to buy and cancel as I do not feel they will hold them all in treasury.

Hello karurtedd. My reasoning is once a big company decides on an action it does not want to wait years to clear a buy back and currently at 2m a day it will take forever. The SP would not fall back as instead of 19b shares in circulation you would have 17b or less which would be a much better division into market cap.

As HSBC are undertaking this massive buy back they are not wanting it to go on forever. I would not be surprised if they offered a premium, say 650p for holders before buy back was offered and say 575 for all after that date, until they reached their 2.5B target. This would very quickly increase the buy back and probably establish and new higher SP.

At present HSBC is buying back into treasury. When it gets to its first billion it should start cancellation, say 500m each time 1b. is reached to reduce total issue.

Hi All. I have gone about as far as I can go buying wise. In my belief Santander has the soundest base of UK banks. With the acquisition of the better parts of RBS and its large customer listing I feel that it is now about to take off. It has dragged along bottom a couple of times in last few years but excluding Brazil which is more to do with politics it has only minutely got caught up in the banking drama. I see 600p. shortly.

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 be getting carried away but I feel it has the best chances of any UK bank.

Question mark. Big question mark. Are Santander about to make a move.