Of all the banks I hold BNC is the only one in the red right now (it closed on 240.05 bid yesterday).
Goldman Sucks have nearly EUR 1 Billion of our dividend monies to spend but they seem to be only concerned about making more commissions for themselves...
Virgins share price rose in to their results and then on results day jumped 16% and a further 2% over the past few days. They have a meagre £50M buyback scheme.
Santander's results where just as good if not better but fell from 242 on results day to 220 and has only got back in the region (still lower) from some buybacks and halted. EUR979M buyback scheme...
The huge difference between the two's performance... Virgin don't use Goldman Sucks as their Broker... ;-) Maybe the CEO needs to change to Citigroup! |
Share is one way track till Dec22 Santa rally. Will be going 255p lus i recon. DYOR. |
Massively undervalued Share buyback scheme started Excellent results
The downside is Goldman Sucks (Sachs). Always walking the price down to try and find sellers and fiddling with fake UT trades rather than buying the stock higher to get sellers and pushing the share price back up to where it belongs... |
What's behind this rise in santanders share price? |
Those UT trades are such a pain! All they do is screw up the next days on screen statistics. |
I hope now it breaks year high of 295p |
LiveSquawk @LiveSquawk Exclusive: ECB's Holzmann: If Things Stay Unchanged Between Now And Dec 15, I Would Go For 75Bp - @EconoStream
That's going to boost profits :-) |
They say they are willing to pay EUR4.31 per share average or currently that equates to £3.75 average per share.... nice! That shows the confidence they have in the business...
They are going to have to shake holders out of their stock. Keep calm :-) |
A prompt share price response to the buy in commencement. |
That will be great exit point for me . |
I'm thinking with the rise in banks after the Autumn statement I reckon Santander's new trading range should shift back to the 238 - 245 range. With recent falls they have some catching up to do.
The previous 300 level will take time. End year results banking rally may see it back to 270 to 280 range... |
Same here. Waiting for 230p |
The divi is announced. If they didn't do a buyback then they must pay that monies to shareholders. Extra 4P dividend after tax. I reckon they will definitely buyback. It took between 4 to 6 weeks before (can't remember which) to get permission. It's nearly 4 weeks now since announcement.
I just bought back in just below 220. Will hold for a bounce... |
In comparison to other bank recoveries --- Santander share price should be back to 245 at this stage so Underperforming... Compared to recent results they deserve to be back at the 300 level but that will take 6 to 12 months. |
* Mexico Hikes Rate to 10% on Higher Core Prices Banxico raises by 75bps as key price measure continues gaining
* Peru Hikes Rate to 7.25% a 25bps rise
* Dow pops 1,200 points, S&P 500 jumps 5% in biggest rally in two years
* American Banks rally between +5% to +7%
* FTSE +1.1% with Futures positive for Friday
So lets see what Santander Market Makers do tomorrow?! Bet we get shafted again... |
Mexico expected to raise interest rates tonight by 75 points = increase NII profits
Peru expected to raise interest rates tonight by 25 points = increase NII profits
Santander makes a lot of profit from South America...
Santander shares down 10p...
Pass the Vaseline ;-) |
Banks all rallying --- except Santander --- their market makers / Inhouse Brokers are using their dirty tricks on the sell side of the order book again.
When last did we get a 10 point climb here? Can't remember it's been that long... |
Closed above 230 last night (UT Trade was 228 but doesn't really count). So actually down 8p currently at 222.2 for no apparent reason.
I wonder when they plan on starting the Eur 1 Billion odd buybacks. Taking their sweet time again... |
Ie .2% tax |
According to HL if you day trade Spanish shares like IAG or Santander, you will get refund of FTT . |
Yes not often you see these sizable trades. Making a higher high at the close bodes well for a continuation pattern in the share price too. |
A nice 1,356,701 BUY at 1.5p higher than price. You would think that would push the price at least a few pence higher but alas these Market Makers suck.
Had that been a SELL no doubt we would have fallen 10p suddenly. MM's always quick to crash the share price but even RECORD profits means little to them...lol |