Alliance & Leicester Share Discussion Threads

[loganair] 15/7/2008 09:02

The share price now back down to the bid price. imo - Santander is a take it or leave it offer and there is no one in the wings to make a higher bid. If the offer is not taken up could easily see A&L share price fall to 100p or less.

[sbs] 15/7/2008 08:54

I wonder how many spread betting shorters missed their stops on the rise?

[tricky1992000] 15/7/2008 08:29

entry level business for sale

access and infrastructure to enter the trillion pound economy of the uk, for sale 1.3 billion. Now step up, how much would you have to pay for this from scratch?

Bargin....

even with the write downs.

[tricky1992000] 15/7/2008 08:26

HELLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Sorry i have to shout, but do all you alliance and leicester holders relish the chance to become santander share holders, with their shares yielding a mighty 2% and huge exposure to the brazilian bubble, and spanish property market.

I DON'T

[acamas] 15/7/2008 07:30

Morning all.

This certainly has the smell of a shotgun wedding. A&L is being marched down the aisle into the arms of Santander. Pity there is no Sir Francis Drake around to save her honour. How times have changed Spanish Banking Armada 2 English junior Banks 0.

Not so Merry England 2008.

Healthy Sharks eat wounded Sharks

[barnetpeter] 15/7/2008 00:48

Three poxy squid! That leaves most investors with a thumping loss.

[gringostar] 15/7/2008 00:10

How very dare you!

[diku] 14/7/2008 23:31

wonder if a spanish villa has been thrown in for the board?...

[johnmp] 14/7/2008 23:29

as for the Govt. they certainly know when to sell things off at the bottom, how much did we get for all the gold we sold?

[johnmp] 14/7/2008 23:27

just read the Alliance & Leicester Interim Management Statement from 2 months ago. other then the management taking 2 pieces of silver (or is it spanish gold) it would appear we have a bunch of cowards on the board and certainly not playing in the interest of the shareholders. send them packing?

[gringostar] 14/7/2008 23:13

"£3.17 is way too low. A quarter of it's peak price".
Someone hasn't read the newspapers in the last 6 months!
B&B are as good as bust without the rights issue.
A&L were next after B&B and have you seen the B&B share price
The Govt will love this deal as it takes the next falling domino out of the picture.

[johnmp] 14/7/2008 23:12

dont see why shareholders would want to sell at this price?

[diku] 14/7/2008 23:08

Buy high...Sell low...

last year RBS and Barc were fighting for ABN at the top of the cycle...and AL rejected a juicy offer and now accepting a lot lower offer...doesn't that tell you about these guys in charge of the banks...

[johnmp] 14/7/2008 23:06

thought they wanted above 8 pounds due to options?

[gringostar] 14/7/2008 23:05

Rejected a £5bn bid last year and CEO was holding out for £15/share :-O

[jazza] 14/7/2008 22:59

Spent virtually the whole day above 317p and finished near the daily high.

Looks like the market is convinced Santander won't get AL. first time around.


So what's gonna force the take-out price up?

- Shareholder activity?
- Counter-bid?

[johnmp] 14/7/2008 22:57

see no announcements of shorts in this stock?

[vod999] 14/7/2008 22:45

if this deal falls through the stock will fall through the floor,stop moaning and be gratefull some clown is prepared to throw cash at this,no position though wish id bought last friday.
and why its set at 1.4b i dont know expect a 10% fall tomorrow.

[diku] 14/7/2008 22:34

this has been a rushed deal...something very suspicious...and the news never leaked to the media...surely that can't be a UK plc!!!:)...

[rich2006] 14/7/2008 22:17

need to start a petition imo
A&L stays solo
Did the same directors not discard other takeover talk when the share price was much higher.
Yeah i know things have changed since then but things will change again in a few years time and the share price will be back up again.
santander is going to come out of this deal smelling of roses and making loads a dosh.
AIMHO

[diku] 14/7/2008 21:57

the onlooker

UK is seen as the muppet of the US since the Iraq war...but when push comes to shove even the US won't give a monkey towards UK...the US defence contract awarded to Airbus which would have safe guarded British jobs has been cancelled and to be awarded to Boeing...to safe guard US jobs...

[sbs] 14/7/2008 21:47

I wonder why they are not insisting on the usual 90% acceptances.

[the onlooker] 14/7/2008 21:43

I think this just about sums up Britain and the British government for you. Allow the USA to dictate the countries economy, allow everyone to short stock to push the price down for a cheap gain for a few rich people then allow another country to have our assets as cheaply as possible. I cannot blaim santander at all or buying but who would sell at these prices? The people who are running the countries pensions. Why does the FSA allow shorting in the first place? Who in their right mind would own stock and loan it to someone else so they can force the stock price down.

[johnmp] 14/7/2008 21:40

call for an egm and sack the board.