Banco Santander Share Discussion Threads

[my retirement fund] 26/4/2022 09:08

Can only be a matter of time before they leave the London market. A pretty pointless listing now post Brexit and possibly a damaging place to be listed.

[action] 26/4/2022 09:04

Surprise here

[action] 26/4/2022 09:04

Down? No Here ...

[my retirement fund] 26/4/2022 08:16

Jeez these results are ahead what a meek reaction

[my retirement fund] 26/4/2022 07:59

lets hope so, wakey wakey mr market

[flyfisher] 26/4/2022 07:55

Excellent Q1, should lead to broker upgrades.

[flyfisher] 21/4/2022 07:52

Some recent press comments that Santander is looking at mexican bank Banamex.

[my retirement fund] 20/4/2022 12:01

next earnings announcement is expected on Apr 26, 2022

[flyfisher] 20/4/2022 11:43

Broker forecasts have been shaded upwards, now on 49c for 2022, 51c 2023.

[my retirement fund] 20/4/2022 11:04

Looking better

[crazi] 14/4/2022 14:52

FINANCE
Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility

* Here’s are the numbers: Earnings of $10.76 per share, vs. $8.89 estimate, according to Refinitiv
*Revenue: $12.93 billion, vs. $11.83 billion estimate.



So banking still going strong...

I see Santander still being deliberately held back by the Market Makers. The spread getting bigger too. That closing UT trade yesterday making it look like the price has climbed today at 261 but that's what it closed on. MM's really do use that UT auction each day to manipulate the price.

Buyback programme still doing nothing for shareholders either. I reckon some of the larger shareholders will be starting to get frustrated that their Dividend cash is being wasted and no value coming from it.

Daily average shares traded in Spain has averaged at 50% over the past 3 weeks but today is 4x the average. 250M so far. So someone is accumulating a large amount of stock all of a sudden by the looks of it... Buyback program falling behind or Institutional holders...?

[action] 06/4/2022 17:10

Ore buy today but price dropped...

[action] 06/4/2022 15:29

Spread is too much.

[crazi] 06/4/2022 15:22

Down another 15p for no reason... maybe Spain has gone to war with France :-)

[crazi] 06/4/2022 13:11

I don't believe the "possibility" of some bad debts will outweigh the interest rate rises now and coming. Such huge falls are manually manipulated. This is over and above share prices already low due to Russia.

It's just rigged. You're being ripped off.

If buybacks are not used to increase the share price as less shares in issue then don't bother. Cancel the buyback and hand the cash to shareholders. It's shareholders monies at the end of the day.

Averaging down is not a good strategy... Luckily I sold most of my holdings last week for a profit. I bought yesterday at 264 and 261.5 but have sold and taken the loss at 259.9

Won't buy again until the Brokers stop "weighting" the sell side of the order book. Banks don't drop 10% to 15% when interest rates are rising. Insider manipulation all the way... Short attacks supported by Order book Weighting from the Buybacks (Brokers profiting).

You can't win - just walk away...

[action] 06/4/2022 12:29

All the bank shares gone down due to inverse bond yield. Banks are cyclical industry. Higher rates help them but too much higher rates creates possibilities of bad debts.

[action] 06/4/2022 12:26

Gives me chance to average down.

[crazi] 06/4/2022 11:32

So you think share buybacks should be used to drag the share price in to the ground so they can buyback a few extra and leave shareholders at least 10% down?

Then just pay out the cash instead because I don't want to lose 10% to get a small Dividend...

Buybacks just don't bring value for shareholders. They should but they don't because the Brokers doing the buybacks use the huge funds to manipulate the price lower so they make a bigger profit. Then shareholders have to wait 6 months for the share price to maybe recover...

No thanks. We are being robbed with our own dividend monies...

No point being a shareholder if you just get mugged every time...


255 now and falling or I should say "being manipulated lower"... "weighting the order book".

[action] 06/4/2022 09:52

If you think 300p is the right price and shares are under valued, it is great for share buy backs to create customer value.Also no withholding divi tax.

[crazi] 06/4/2022 09:48

Share price back down to the 250's... So the Share Buyback scheme creating great value for Shareholders. Since it started the price has fallen from 278 to 258...

I think perhaps it's time to vote against share Buybacks and just take the cash in dividends instead!

It's obvious that the Company has no intention to ensure Shareholders benefit from the 20% shareholder dividend put aside to buy these shares...

If the CEO has no concern over the pathetic share price then perhaps it's time for a new CEO as well!

[zaxarobal] 04/4/2022 16:19

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