Banco Santander Share Discussion Threads

[sanks] 25/4/2012 10:18

Looks ready to fly past £5 pdq!
Hit that level 4 entry target and is clearly on the loola bounce.

Overall medium to long term target remains £8.47

[zhockey] 23/4/2012 11:52

Santander is Spain's biggest bank, I know they have international exposure (not sure a good thing - UK housing etc) but surely they will be hit hard by the crisis in Spain?

Spanish banks will go teh way of Ireland I fear, bailouts and quasi-nationalisation.

[elssworth] 22/4/2012 21:31

Its not a poodee so it shouldn't create a poodaa.
I still have buy orders, and am looking to keep adding for the major loola above £5.40..towards the £8.57

Hope its helping

[shugsy] 22/4/2012 16:48

The problem with that article is that it states there is a possibility of the bank failing.

Creates a panic.

[northernlass] 22/4/2012 16:14

How Safe Is Santander?

Q&A: As fears grow for Spanish banks we explain what it means for Santander customers

By DAILY MAIL CITY & FINANCE

PUBLISHED: 09:29, 18 April 2012 | UPDATED: 10:25, 18 April 2012

As fears are mounting that Spain will be the next country in the single currency bloc to implode, we look at how safe your savings are with Santander. Also, don't miss our special report today: Spain teeters on the brink.

How safe is Santander?

Santander in the UK is part of the Santander Group, which also owns Banco Santander, the largest bank in the eurozone and a cornerstone of the Spanish economy.

However, the UK arm operates as an entirely separate business to its Spanish sister. This prevents problems in Spain affecting British customers, it says.

A Santander spokesman says: 'Santander's UK business is strong and has a standalone credit rating which is one of the highest credit ratings of any UK bank.'

Are my savings safe? The £120billion of UK savers' money with Santander stays in the UK and is not fed back to Spain. In – what experts say – the unlikely event of Santander's UK arm going belly up, the first £85,000 (£170,000 for joint accounts) of savers' deposits is protected by the UK savings safety net, called the Financial Services Compensation Scheme.

What if I have a mortgage? If Santander's UK arm ran into serious trouble your loan would be sold to another bank and repayments would continue. If you have an offset mortgage, you would receive up to £85,000 (£170,000 for joint accounts) of your savings back. Any surplus would be used to repay the debt.



Read more:

P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[shareho1der] 22/4/2012 13:00

Sanks, I need my money to buy back when this plunges to 50p.

[sanks] 20/4/2012 14:47

Its destined for £8.57...that takes into account any more poodee poodaa or drips before it eventually hits circa £8.57.

As long as you don't need your money tomorrow, this one of the best poodees amongst poodaays.

Sanks

[nicd] 20/4/2012 11:31

the worst behind us now perhaps?
famous last words (hope not)

[shugsy] 20/4/2012 09:48

Another new low in this morning.

[call-logger] 20/4/2012 08:51

see post 829

[w1ndjammer] 20/4/2012 08:34

buy order set at 353p

BOR been flying for me this week, so loads of dosh

still can`t see whats happening in madrid.

WJ.

[sanks] 19/4/2012 14:52

You forgot the £5 in front of the 90p
Hope it helps

[blueball] 19/4/2012 14:50

Short term target 90p..

Es mas tiempo que vida.

[sanks] 19/4/2012 14:36

Yep Spains shagged at the moment, but they have a more shagular government who will enrol out Cameron's "we're init together" poodaa, for the loola bounce.

Just buy in batches and you will be alright.
Like i stated months and months ago..i knew it would hit £3.90..and it could fall a tad more..but in the bigger picture, its worth an easy £8.57

Hope this helps
Sanks

[shugsy] 19/4/2012 14:19

Sanks

What's the exposure in Spain?

Spain currently paying just shy of 6% and struggling at that level so any higher and it could jump up to similar prices as Portugal.

Unemployment needs addresses.

[shareho1der] 19/4/2012 14:18

It's now 13.15% yield..... if something sounds too good to be true, it possibly is.
I fear for those buying and still holding this.

But what do I know ? DYOR

[sanks] 19/4/2012 14:14

The more it falss, the more the buyers are looking at a medium to long term loola opportunity. Great for buying in batches.

Hope its helping

[shugsy] 19/4/2012 12:38

Continuing new lows.

Need a capitulation here to about 350 to start the recovery.

[sanks] 19/4/2012 11:23

JAMMER try SANT
Does it help

[w1ndjammer] 19/4/2012 11:08

sanks i can`t get the bmad:san ticker to load on advfn

is this the correct ticker for santander madrid

tia WJ.

[acamas] 19/4/2012 07:28

Last time I looked their assets were worth around £7.40p per share. Has this changed recently? Because their share to book value looks attractive to myself. Need to study a pie chart of their global spread of asset allocation

[sanks] 18/4/2012 23:44

Its true to a certain extent...difference being, EMG have a sense of poodee poodaa about them, but BNC have some poodee poodaa but also have a loola potential.

I have a 71p buy order for EMG purely for the dead cat loola bounce, with more buys at 41p and 37p respectively. Its a dead fund with withdrawls coming to the fore.

BNC remains my Shagging Investment Fund. I am thinking of pitching this fund to the Dragons Den. I think they are all interested in the word "Fund", and may be enticed by the word "Shagging".

Hope it helps
Sanks.........short term £5.45 target, long term £8.57