Another good day in the office! |
If they can genuinely achieve the planned 15-17 per cent ROE, Santander should hopefully be amongst the top performing European banks over the next 3 years! |
Well, with a solid pledge to return half of all profits to shareholders over the next 3 years, I am back in. |
Considering all the profit taking which has occurred recently (especially since 280p was breached), and the share price is still going up, is someone building a stake? |
Sure , I wasn't taking offence. If we all had concordant strategies then there wouldn't really be a market. Sometimes I like to take profit because it is there rather than on a strategic basis. However you remind me of that old Buffet adage "The stock market is a device to transfer money from the impatient to the patient." |
My posts was aimed at posters like Crazi and Action, I guess they don't really have a sensible explanation for liquidating there holdings and moving on to (presumably) better pastures for their money, I doubt they even know how to value an investment correctly, so I doubt they will be providing a coherent answer. |
I think it depends how much confidence you have in the resilience of the Banking sector if the property market downturn steepens.
BNS are significantly exposed and if we have another avalanche of mortgage defaults, it won't be pretty .
This is clearly the worst case scenario and hopefully wrong, but many of us old investors are still sitting on losses from buying bank shares 20 yrs ago in what seemed like a safe sector. |
Https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=BNC.L |
Would love to know what you guys are doing with your money as you all seemed so keen to cash out early? What other prospects are so absolutely compelling and positive and offer such upside and are so undervalued that you were so keen to dump early doors? |
Valuing a diversified bank like Santander at a large discount to a US domestic bank seems insane. That aside, you have got to be looking at the long-term return on capital. The dividends this bank could throw off in a few years' time justifies a doubling of the share price.(unless you imagine a return to zirp), IMO, dyo. |
Wow that'a a 3 year high. So much for lender's gloom. |
Us banks pe 10. Europe arond 5 to 6. DYOR. |
Thats me dumped all my holdings at 300... took a while but made a mint so happy. Back to my holidays... good luck |
Eps well over 53 cents, how long can this trade under a pe of 10? Crazy cheap. |
Sold out. GLA to all long term holders. |
Sold 268.23 Nice 5pps profit day trade... see what tomorrow brings... |
Hit the 262's again. 10p down today alone. 19p down this week.
Lloyds down -1.5% but Santander down -3.65%
Dividend monies well spent for shareholders (not) ;-)
Although did you notice that Goldmans bought shedloads of shares for days just before the Chairwoman sold a bunch of hers. Then the following week after she had sold they hardly bought any at all. Insider trading / favouritism written all over that... FCA should take a close look at that! :-) |
I don't pay anything through IG. Just my £3 trade commission per trade (£8 if you haven't done 3 trades the previous month)... change Broker as Halifax are really sh*t...
Goldman Sach's showing no support today. They really are terrible Brokers. CEO should sack them. Citi are much better and spend buybacks more efficiently. Citi drive up a company's share price which is what you expect when the Broker is spending your Dividend monies.
Goldman's try and get a few extra shares cheaper which means nothing compared to a higher share price for company value... |
No it wasn't stamp duty it was the spanish government money grab tax that was introduced 2021 |
"Yes... great for trading as no taxes..."
Thats what I thought, but halfax just charged stamp duty, the F'rs, Barclays did this a few years ago |
Yes... great for trading as no taxes... |
Anyone know if santander is still stamp duty free in uk? |
Looks like Goldman's have abandoned the so called buyback scheme. Down from 281 to 267.
Took a batch at 262.3 as looking cheap again. More interest rates rises coming soon... |
Hit 280 then the fallback to 274.5... traded that quickly again :-) |
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