Cup and handle chart pattern |
This is going to rocket |
Santander in 1990 deferred mortgages by up to 30%
a transfer to interest only is a better option in present climate
reducing risk of defaults,
keeping house builders afloat, in itself would reduce inflation
BoE policy pushing UK into recession
edit
29/6 best saving rate hits 5.9%
30/6 about time, banks look positive, but at what price to borrowers
13/7 BNC share price up 50% on july 22 70% of inner London prop buyers pay cash, with no borrowing
so Savills should hold up well
dyor |
Are we going to see 228p to 231p |
Mid price of high and low of year |
...Halifax? |
No sign of div yet from Halifax, have others received? |
With regards to the BNC dividend - how does the 19% withholding tax work reference UK tax residents? Do they just have to lump it or can they get a refund?
Quality advice would be much appreciated.... |
I'm here enjoying the sunshine |
up nearly 5% yesterday, where is everyone?
doom & gloom views everwhere, but what are pro's & cons
US banking "V" UK, sales of btls' cashing in nearly £500ml x wk, is a healthy figure of many cheap loans
redeemed, windfall taxes due, a fig likely to double over next 12 months keeping valuations steady
as first timers/downsizers keep the housing economy ticking over,
US banks unlike our own depending on area are exposed to commercial real estate
but say their residential is ok, the days of free money are over, but no reason not to say
balanced inflation can be a good hedge against residential debt
all to the benefit of Santander & other UK lenders
dyor |
Banks are back in favour despite the Silicon Valley failure, I think the "too big to fail" label applies here. But then I thought that before losing a lot with RBOS and Lloyds 13 yrs ago.
Looks like another breach of the 3 yr high is imminent. |
What a diff one month makes. Hero to zero. |
Going back to 250p? |
Is it because of SVB? |
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. |
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