Banco Santander Share Discussion Threads

[glavey] 06/12/2020 06:25

But it is 'getting nothing'. Some think they are getting something when really they aren't. Crazi, isn't it?

[crazi] 05/12/2020 15:17

Cheers. Sold out in 2016 and banked profits from long term holds from the fin crash run. Took a break after 20 years and did some other type investments off the LSE. Then followed Covid since March and timed getting back in early October as just couldn't resist the prices :-)

[invisage] 05/12/2020 15:11

Crazi

I read your posts with interest....you disappeared for a long time so great to have you back....


Keep posting. You are very good.

[crazi] 05/12/2020 15:09

Well I reckon paying out free shares to Investors during a Divi ban is far better than getting nothing! Those shares have now jumped in value as well... and they still have the capital in hand...you must be crazi to think otherwise :-)

[glavey] 05/12/2020 06:58

You must be Crazi if you think a capitalisation issue ex-reserves is 'paying out a dividend'. It's not even 'in the UK'.

[crazi] 04/12/2020 11:47

I find it strange that PI's investing in banks seem to overlook Santander. Such a bargain at this price. 2nd Largest bank in the UK. The only bank to pay out a divi recently and still 80p lower than January levels.

[crazi] 03/12/2020 18:17

Another good day...

[crazi] 03/12/2020 14:40

Interesting - albeit American the exact same thing applies to UK Banks:





Banks could see a windfall as economy recovers: ‘Biggest reserve release in the history of banking’

Banks have been among the most hated of stocks since the pandemic struck this year, forcing lenders to put up tens of billions of dollars in preparation for an expected tsunami of bad loans. Now a silver lining is emerging.

The four biggest U.S. banks – JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – have amassed a nearly $100 billion pile of cash for loan loss reserves as of the third quarter. The broader industry has created its largest collective reserve since 2010, when mortgage defaults sparked a recession that required massive bailouts of banks and other companies.

But the story may end differently this time. A combination of factors – promising vaccines that should enable a U.S. economic reopening, surprisingly resilient bank customers and the expectation that lawmakers will approve another round of stimulus – should allow banks to begin releasing reserves in the second half of 2021, according to five bank analysts surveyed by CNBC.

[crazi] 03/12/2020 09:20

Very cheap at current prices and the only Bank that took steps to pay out a Divi when they didn't have to! Happy to hold. Supporting their Investors...

Then take the cash that was set aside and do a share buyback next year :-)

[justiceforthemany] 02/12/2020 23:01

Treasury yields continue to rise - good for banks and a good sign for the overall economy looking ahead to 2021 and a post vaccine/post Covid world.
Santander was trading at 900p+ not so long ago...

[crazi] 02/12/2020 12:11

It's your Divi Payment. Being made in shares. And jumping in value :-)

[flyfisher] 02/12/2020 11:14

A dummy line of stock that will morph into the scrip issue.

[flyfisher] 01/12/2020 16:29

Why should that impact bank equity?

[justiceforthemany] 01/12/2020 15:46

BOND YIELDS SURGING THAT'S WHY
UP 7 BASIS POINTS

[crazi] 01/12/2020 10:04

Climbing nicely as expected :-)

Large parts of the Spanish economy opening up from restrictions and the UK tomorrow as well...

[crazi] 24/11/2020 14:47

SP finally starting to move again today...

[crazi] 20/11/2020 09:39

300p by May 2021 - nice profits to be made or hold for the dividends

[crazi] 20/11/2020 08:55

Another Bank doing better than originally thought...

hxxps://www.cityam.com/nationwide-profits-resilient-despite-coronavirus-hit/?utm_content=buffer184c2&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer


Building society Nationwide reported a resilient performance in the first half year with profits stable, despite a £139m impairment charge.

The lender reported a 17 per cent rise in pretax profit from £309m to £361m, despite a £139m provision for loans that may not be repaid due to the pandemic.

[action] 18/11/2020 16:47

Price 218.95p for records

[action] 18/11/2020 16:46

Wow 9939 shares at highest price. May be time for this one to move.

[justiceforthemany] 18/11/2020 14:19

Pfizer Covid-19 vaccine has 95% efficacy and is safe, further tests show

The coronavirus vaccine from Pfizer, which is due to arrive in the UK before the end of the year, has 95% efficacy and has passed its safety checks, according to further data from the firm.

The most common significant side effect seen in the study was fatigue, at a frequency of 3.8% after a second dose of the vaccine. No serious safety concerns were observed, the company said.

The companies' release said they plan to file for an emergency use authorization "within days" with the FDA.

The companies expect to be able to make up to 50 million vaccine doses, enough for 25 million people, by the end of 2020. Next year's production would be up to 1.3 billion doses, or enough for 650 million people.

[crazi] 13/11/2020 14:57

Only 90 mins to get your shares to qualify for the Divi Share payout...

[crazi] 13/11/2020 12:26

For such a large bank this thread is very quiet...