Banco Santander Share Discussion Threads

[keith95] 08/1/2015 23:27

//www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12156427.html

BBVA did the same raising in November .. so I am guessing that this is a regulatory requirement .. looking at the share price of BBVA around the time .. it recovered pretty quickly.

[keith95] 08/1/2015 19:18

.. other site (LSE) could be wrong ... I don't especially care .. as far as I'm concerned .. I've bailed.

[dendria] 08/1/2015 19:16

RNS '14 January 2015. Commencement of the rights trading period. Santander shares start trading ex-coupon.' This is effectively the ex-div date.

[keith95] 08/1/2015 19:10

.. from another site ...

Dividends
Interim Ex-Dividend Date 12-Jan-2015
Interim Dividend Payment Date 02-Feb-2015

[dendria] 08/1/2015 19:02

'two days before ex-div'..? It's not ex-div until next Wed - and the new shares would qualify.

[keith95] 08/1/2015 18:45

... it is up to the provider to sue the LSE ... I expect my provider to cover any losses from tomorrow - if there are any ... so I'm not bothered.

[rat attack] 08/1/2015 18:41

I sold and received a phone call to say transaction would be reversed. So looks like will be screwed in the morning.

[pvb] 08/1/2015 18:25

Capital increase:



Information on Capital Raising:



Presentation by BNC:



Guidance on results:



Trading in shares resumed following the suspension.

[keith95] 08/1/2015 18:10

I have copies of the contracts. That is all people need if they are not happy with the cancelled trades - doesn't matter if it was 1 share or 5000 shares ....

Santander have screwed up here .. and so has Spanish regulator and the LSE IMO.

A contract is a contract and should be honoured.

Suggest anyone not happy with the cancelling of trades writes to/e-mails their provider immediately expressing their displeasure - to generate a paper trail.

[pyemckay] 08/1/2015 18:06

how many shares did you sell today keith? have you checked the trades.

[pyemckay] 08/1/2015 18:05

this is going down tomorrow. look at the BNC ADR in usa

[heffermj] 08/1/2015 17:28

I had a buy order in today but it wasn't filled - tomorrow will tell if it was a lucky escape or not. Personally I expect the book build to be quick and successful

[rat attack] 08/1/2015 17:27

Presentaion on capital raise:

[rat attack] 08/1/2015 17:10

Anyone had their transactions reversed?

[smurfy2001] 08/1/2015 17:04

Lucky escape - was looking to buy ....

Santander asks investors for €7.5bn in share sale

Shares in eurozone's largest bank suspended on news of fundraising to raise capital


Banco Santander has announced plans to raise up to €7.5bn (£5.9bn) from shareholders to boost its capital in an unexpected move that sees Ana Botín, its new chairman, put her stamp on the eurozone’s biggest bank.
The Spanish lender had trading in its shares suspended on Thursday as it announced plans to raise the money in an overnight share sale.
Emilio Botin, who led Santander for more than a quarter of a century before his death last year meant his daughter Ana take the helm, had been reluctant raising new capital despite occasional shareholder pressure.
Ms Botin, who was the head of Santander’s UK arm for four years until becoming the Spanish parent’s executive chairman last year, has been quick to establish herself, for example by replacing the bank’s chief executive with its finance director.
Santander is seen as potentially the least-well capitalised of the biggest eurozone banks, despite easily passing European stress tests in October.

The tests, which modelled a new recession and a slump in house prices, have had their credibility questioned after several banks seen as being at risk passed, and a further exercise this year is expected to be tougher.
Questions over the bank’s financial buffers have led to suggestions that it is under pressure to float its UK unit, something that remains a medium-term priority.
Santander said the share placing would be enough to boost its capital position by almost 10pc.
Meanwhile, speculation that it would enable the bank to make an acquisition saw shares in Monte dei Paschi, the deeply-troubled Italian lender, rise by more than 12pc.

[cwa1] 08/1/2015 15:14

Absolutely super :-(

[keith95] 08/1/2015 14:57

... I got rid of my Santander 123 account about 6 months ago because I could not pay my Santander Credit card with my debit card when I wanted to ..... bug in the system ....

... thought the bank was well run, however. This is shambolic .. two days before the ex dividend date Grrrrrrrrrrrrr

[neilsy] 08/1/2015 14:42

Sold out too, couldnt take the risk. A shame as the divi was excellent.

[keith95] 08/1/2015 14:32

... took a £1500 hit .. but have cleared out .... Rights issue and divi reduction .. don't like it.

Good luck all.

[dendria] 06/1/2015 18:18

Pricing of the scrip is over the next few days (5, 6, 7, 8 & 9 Jan). With the fall in share price we will receive more shares. Of course we will have to see an increase in share price to benefit which is looking unlikely given the Greece situation - but still a great value play for the long term.

[its the oxman] 02/12/2014 15:24

600p for Xmas surely.

[its the oxman] 10/11/2014 14:09

Topped up 523p. Nice long term hold this one.

[sanks] 07/11/2014 16:58

Personally i think they're technically on route to retest that £3.30 mark for the double bottom.
Its the way the technicals work...Sheila told me last night.

Hope this helps

[its the oxman] 04/11/2014 10:31

Results look pleasing enough to me. Not sure why the shares are struggling around the 550p mark though. Be interesting to see how forecasts have moved and hoping to see us back above 600p by year end.