Abbey Nat. Share Discussion Threads

[boggles] 30/9/2004 14:46

Abbey set to fall to under £3.00. Bail out now before the crash in share price. Serious underlying problems to be announced soon.

[broadwood] 29/9/2004 12:42

All ashore thats goin' ashore - I'm staying on the Jolly Santa.

Price should recover once all the don't knows etc have left.Mind you, the closer we get to 12 Nov, the more difficult it will be to sell.

[dm1] 28/9/2004 08:11

Any Abbey rumours in the City today? Seem to be a lot of buy orders showing on level 2. DM1

[xjks] 25/9/2004 10:45

Subject to the shareholder vote:
If you hold ANL shares at the close of business on the 11 nov 04 you will receive 1 Santander share and the 31p div (to be paid on the 14 Dec 04 ?) for each ANL share.
ANL shares will be delisted on the 12 nov 04.

[robertspencer] 24/9/2004 17:24

Thanks XJKS . when is completion expected and special dividend goes ex div I assume that this then means the shares drop by 31p?

[dm1] 24/9/2004 09:58

567P thankyou XJKS

Lots of buying today, both in Abbey & Santander.

[xjks] 24/9/2004 08:43

As of 9:37


7.83 / 1.46 = 536
+ 25p specialdiv
+ 6p diff div
= 567p


as of 2 oct 04

7.99 / 1.45 = 551p
+ 31p
= 582p

[robertspencer] 24/9/2004 07:35

Anyone know current bid value based on Santander price?

[xjks] 23/9/2004 08:31

A bit too long to paste?

[elimall] 23/9/2004 08:18

XJKS. yes, please I would like to read the art. or otherwise please could you tell me the date and page in the FT. thank you kindly. elimall

[xjks] 22/9/2004 12:51

They are also promising free dealing for small shareholders.

The London listing will be a secondary one - IIRC they won't be included in the ftse100.

There are also mentions of having to file Spanish tax returns for any holders.

I could cut and paste an FT article if anyone is interested.

[taylorag] 22/9/2004 11:56

I thought Santander were going to list on the London market as well in order to appease the small investors who don't like holding foreign shares. Is this still the case ??

[dm1] 22/9/2004 11:53

Sure looks like it, shorters closing & Institutions buying.

[xjks] 22/9/2004 11:52

They should go up to near the bid price (590p ?). In the short term some of the fund managers who aren't allowed to own foreign shares will be selling and forcing the price down.

[rashena] 22/9/2004 11:03

Is this share gono go up?

[dm1] 22/9/2004 10:00

Going up strongly today with big buy orders showing on Level 2. Anyone know why? Is it seen as a cheap way to get Santander shares, ior rumours of another bidder.

[angry sad] 21/9/2004 15:28

Maybe the previous Management, prior to 2002, should put their hands up.
The present team have at least secured some value for shareholders; the previous so called management lost £1000,000,000 and more and simply walked away.
Makes me very angry and sad.

[mike24] 21/9/2004 14:12

james ashton says Arnee stands to pocket 5.5m from deal
six other directors share 7.2m from options
those picked by santader to stay till end 05 get 75% retention bonus of thier salary banks & lawyers advising abbey/santander will split most of the deal costs at 122m printing offer document alone cost 9m

who are the real winners/losers?
mark harris says we urge borrowers to seek out cheaper rates,

[dm1] 21/9/2004 06:29

Should add support to ANL shareprice:

[dm1] 21/9/2004 06:06

In the near future the name will change back to 'Abbey National' on the High St.

[petralva] 20/9/2004 22:14

dont like there image now, especially those green signs!

[angry sad] 20/9/2004 21:56

Abbey National has been a great company over the years with many original initiatives creating better services and products and as a result great shareholder value.
So what went wrong 3 odd years ago??? I bet those who should accept responsibility are, as usual, sitting OK!!!!
Any one out there with more info or another view??