Banco Santander Share Discussion Threads

[harmonics] 30/11/2012 13:00

Now then young Sanks, this is going to take some serious deramping to get to 3.13 from here!

[harmonics] 23/11/2012 05:08

I have to say that I do hold some of these (not many thoough) but would like to own many more.
I fear we may not see another buying opportunity like we did in July.

[dendria] 22/11/2012 13:09

It's probably the date of the next fat divi...

[sanks] 16/11/2012 16:23

Sheial dreamt of the number 3.13 last night
Wonder if it has any significance!

[sanks] 07/11/2012 13:29

harmonics, i appreciate your feedback, hence i would like to point out that the market likes to hold on to a temporary bubbled level, a tad longer sometimes, to entice more sheepshaggers with minjsniffing potential.
It'll soon be testing minj juice at circa £3.13 and lower.

Sheila also wants to sank you for being so kind.
She will be placed into battle at £3.13, where my other birds will be looking to join her in pink mini skirts.

Hope this helps
Sanks

[sanks] 25/10/2012 11:50

It looks technically shagged medium term, or really shagged short term.
I'm gonna wait till it drips below that £3.22 level...it is showing genuine signs of a possible shagging.

Hope it helps
Sanks.............Wealth Transfer Specialist
================================================================

Santander profits sink 90% on bad property loans
25 October 2012

Spanish bank Santander has said its quarterly profits fell by more than 90% after taking provisions for bad property loans in its local market.

Net income fell to 100m euros (£81m) in the third quarter from 1.8bn euros in the same period last year, it said.

The bank also said that UK profit fell 21% to 337m euros in the three months.

So far this year Santander has set aside 3.5bn euros for provisions for property losses - a problem facing all Spanish banks.

The Spanish government has found itself in financial difficulty since the 2008 global financial crisis caused a big crash in the country's over-heated property market, and many fear that it will need a full bailout on top of the banking loan that has already been agreed.

Santander said that total problematic property assets amounted to 18.5bn euros.

[pvb] 25/10/2012 09:32

Q3 results out today. See above.

[dendria] 25/10/2012 08:24

Bloomberg comments on results:

Santander Profit Plunges on Spain Property Purge as U.K. Slumps

[dendria] 12/10/2012 19:45

RBS branch sale to Santander collapses

[highball10] 04/10/2012 17:24

did you say double , where there,s the other 22 mill

[stevefoster] 04/10/2012 14:45

London Calling,

Well, they're obviously seeing double... :)

[london calling] 04/10/2012 00:23

do my eyes deceive me. A buy of 22 million shares at 473p this morning?

[london calling] 04/10/2012 00:22

do my eyes deceive me. A buy of 22 million shares at 473p this morning?

[harmonics] 30/9/2012 18:41

dendria, I never thought we would hit 322!
If Sanks could help by deramping I would aprciate it though!
We will know when Sanks has bought back in as BNC will be an 8 quid no-brainer Lol

[dendria] 28/9/2012 19:01

No surprises - BNC passes the stress test and exceeds the minimum capital requirement by over EUR 19 billion. More surprisingly the report states 'The results confirm that the Spanish banking sector is mostly solvent and viable, even in an extremely adverse and highly unlikely macroeconomic setting'.

Doesn't look like we'll see that 322.

[harmonics] 26/9/2012 17:08

Sanks

I got out too early (£4.25...Doh!) but if it sinks below £4.00 it has to be a good buy.
If you could carry on deramping to £3.22 you would be helping a great deal my friend.

Cheers

[sanks] 26/9/2012 11:48

Its doing a skirting drip towards £3.22
If it gets worse...we could hit the 50p that Barclays hit recently!

Let me know if i'm helping

[sanks] 23/9/2012 19:48

£3 target within the shags of possibility. Spain looks shagged!
Let me know if it helps

========================

22 Sep 2012

Debt crisis: Spain 'will need extra bail-out'
Spanish banks may need a cash injection of more than €100bn (£80bn), the results of an official stress test are expected to show this week, placing more financial pressure on to an already explosive political crisis in Madrid.

The stress test is expected to show a dramatic deterioration since the previous tests were carried out at the beginning of the summer which suggested a €60bn cash injection would be the worst-case scenario.

Nomura Global Economics said in a note: "Our initial reaction to the publication of those estimates has been negative. The announced figures are well below the market expectations, which start at around €100bn, and, in our view, not only fall short of bolstering market confidence but may actually increase the risk of Spain losing market access."

Last week, the Bank of Spain said bad debts at Spanish lenders had risen to record levels, with almost one in 10 loans in arrears. It is the highest bad-loan ratio since central bank records began in 1962.

[sanks] 20/9/2012 11:21

I will do my best for you and myself too. dendria.
I have instructed the girls with pink thongs to start the process for my buy order at £3.22 to be taken by market forces.

The birds aknowledged receiving my request and are working on this order, as you can see. Its now dripped circa 10% from the first loola bounce i predicted.
It won't be long. Spains in dire straits, best waiting for the bra to hit the fan!

Let me know if this helps
Sanks......with a buy order in at £3.22, £2.89 and £2.11 respectively

[dendria] 11/9/2012 17:39

Not selling mine - up over 40% and locked into a 14% DY. These are 1000p shares but if you can get it back to 300p that would really help...

[sanks] 11/9/2012 12:02

It got it the other day...i now have nothing left.
Do some of you more astute nobs think i should buy some..or maybe wait for £3

Let me know
Sanksalot

[tricky1992000] 06/9/2012 20:16

sanks recheck your level 4 maths