Banco Santander Share Discussion Threads

[big7ime] 15/7/2014 08:58

There is no special, have you seen an RNS? a bad US site with incorrect info I think. The US sites seem to have the exdiv dates incorrect too.

[oniabsta] 15/7/2014 08:39

I believe it was the 10th for the special and today for the int.
taking a hammering today - thought the int was only 15c ;-)

[big7ime] 15/7/2014 08:27

Thought it went exd on 10th. The chart looks a signal to sell to me, the post above has it upside down. More trouble in Banking brewing I think.

[acamas] 15/7/2014 07:27

That is correct

[oniabsta] 15/7/2014 07:19

looks to me like it went exd today as per digittal look?

[acamas] 15/7/2014 06:57

The recession in Spain I would suggest

[tonio] 14/7/2014 19:58

A little odd that a share that has risen by 50% over the last year with a yield of near 10% should be described as 'a relatively unloved stock'! From what is it going to break out?

[leebong] 14/7/2014 14:59

Banco Santander, S.A. (SAN - Snapshot Report) has been struggling lately, but the selling pressure may be coming to an end soon. That is because SAN recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.

What is a Hammer Chart Pattern?

A hammer chart pattern is a popular technical indicator that is used in candlestick charting. The hammer appears when a stock tumbles during the day, but then finds strength at some point in the session to close near or above its opening price. This forms a candlestick that resembles a hammer, and it can suggest that the market has found a low point in the stock, and that better days are ahead.

Other Factors

Plus, earnings estimates have been rising for this company, even despite the sluggish trading lately. In just the past 60 days alone 1 estimates has gone higher, compared to none lower, while the consensus estimate has also moved in the right direction.

Estimates have actually risen so much that the stock now has a Zacks Rank #2 (Buy) suggesting this relatively unloved stock could be due for a breakout soon. This will be especially true if SAN stock can build momentum from here and find a way to continue higher of off this encouraging trading development.

[4spiel] 13/7/2014 09:42

Good reply pvb.

[pvb] 12/7/2014 23:05

4spiel, I very much doubt just a post on ADVFN can move the share price of a large company like BNC.

But I agree that not everything you read on ADVFN can be taken at face value!

[4spiel] 12/7/2014 18:56

No problem with the actual dividend election now announced by Santander pvb ! But posts about non existent special dividends said to have been announced on July 8th -we have to be careful to not take what we read at face value on ADVFN - the share price surged on that post I am sure for that reason -admittedly it gave some an opportunity to sell but was it an ethical post? Do we have to be ethical on ADVFN ? maybe not but from my experience there are some good writers on ADVFN but its still important to check anything you read that is not company information.

[pvb] 12/7/2014 16:42

It's all part of the Santander offered scrip dividend election.

[big7ime] 12/7/2014 12:25

There is no "special dividend" it's a normal interim but Santander pay most divs in shrs so the cost to them in cash is low and the rate appears very good I.e. Around 8%pa. This div is 1:49 shrs equal to 15euro cents or 20.4us cents

[dendria] 11/7/2014 16:39

Jul 14 scrip is 1 for 49.

[acamas] 10/7/2014 13:18

pvb,

I do not think it will be announced until 14 July because of the item below


" -- 11 July 2014. Execution of the Capital increase. Communication of the number of rights needed to receive one share and of the final price of the right-purchase commitment[2]. Such price will be determined considering the stock price of the Santander share on 4,7,8,9 and 10 July.

-- 14 July 2014 (23:59 hours CET). Record date for the granting of rights."

Maybe sometime tomorrow or more likely Monday?

[acamas] 10/7/2014 13:05

pvb,

I did look there and could not find the conversion factor quoted or a UK telephone number to discuss Investor Relations. It seemed mainly to reflect on UK Banking Issues not the shares which come from Spain

[pvb] 10/7/2014 13:02

You could try looking here:



Try the Q&A pdf document.

[acamas] 10/7/2014 12:33

Does anyone know the conversion factor for this 0.2048p dividend. I always take shares over cash? Normally it is in the range of 1 new share for every 40 odd shares already held.

[big7ime] 10/7/2014 09:45

Where do you find info on the dividend?

[4spiel] 09/7/2014 13:11

Very nice but is this the top for now ? Spain ? Brazil ? UK ? US ? A special dividend sometimes means thank-you but next year we have to pay you less. Not trying to be a misery! Fitch ratings agency anticipate Spanish housing market to bottom in 2015 -meaning any further downside in 2014. Maybe upturn from 2016 -if so will help the Spanish banks I am hoping Santander shares will catch up with the one Jim Kramer likes -BBVA !