Gen.acc.8se.pf Discussion Threads

[hindsight] 19/6/2023 09:54

Maybe it because if santander go bust and need debt bail in then both will be at par, but think if santander go bust we will be in deep recession and interest rates lower

[hindsight] 19/6/2023 09:51

Still cant work out why spreadsheet says SAN is 8.09 and SANB is 7.18%
Maybe markets thinking SAN will have a tender, but previous tenders by Santander seem fair and banks maybe keen not to close any debt source at present
On a chart they have tracked well for 5 years apart from the covid spike down and now

[nerja] 19/6/2023 08:37

CWA1 did the same myself again at 130.5p, thanks for pointing it out hindsight

[cwa1] 19/6/2023 08:32

FWIW I added some SAN to my holding this morning at 130.5p, giving an above 8% yield. Time will tell if that was sensible or not...

[hindsight] 17/6/2023 09:30

What seems odd is spreadsheet says san is 8.09 and sanb 7.18% , either something wrong in spreadsheet here or thats the widest gap ive seen

[nerja] 17/6/2023 06:25

Bloodyhell I will have to add to my San now, thanks for that hindsight

[hindsight] 16/6/2023 21:10

8.09% at 131p I think

[8w] 16/6/2023 19:59

San must be paying nearly 8 (haven't got a calculator to hand)

[nerja] 16/6/2023 11:31

Added Gacb as well also Stac at 105.5 which is giving 7.82 div at that rate

[joey52] 16/6/2023 10:53

Thanks, added yesterday, closer to par is definitely in my thinking.

[crt131] 16/6/2023 10:43

I am more inclined to buy GACB at this level as quite close to par... just incase

[aishah] 16/6/2023 10:26

Truflation's methodology has UK inflation at 13.02% against govt.reported of 8.7%

[joey52] 16/6/2023 10:14

Thanks Dope007

[dope007] 16/6/2023 09:00

I have RSAB and BWSA

[joey52] 16/6/2023 08:47

I hold GACA AND GACB, are there any other preference shares of note that I should be looking at, as interest rates are rising and prices are falling.
I have considered ELLA,RSAB,STAB and STAC

[hindsight] 15/6/2023 17:06

Sky for what its worth my spreadsheet makes GACA 7.79% with accrued
Pencilled in 7.6% May inflation so hopefully crossed that threshold for a start

[nerja] 15/6/2023 16:44

What do you think Sky , do think they will hit the October lows again?

[skyship] 15/6/2023 16:34

Yields at offer prices:

# AV.A 8.75% @ 121.0p-121.84p = 7.18%
# AV.B 8.375% @ 113.0p-116.0p = 7.22%
# GACA 8.875% @ 113.15p-114.25p = 7.77%
# GACB 7.875% @ 103.7p-104.5p = 7.54%

Being hit by the continuing rise in interest rates. The GA prefs again the best value.

[badtime] 15/6/2023 15:45

If only you had waited a week

[badtime] 07/6/2023 20:21

Likewise loaded with RECI having added to my holding earlier in the week at 122Have enough of these and the other set ..so won't be adding at this juncture

[my retirement fund] 07/6/2023 16:54

Already have a lot of RECI so added here today

[skyship] 07/6/2023 16:01

Tempted; however chose to buy back in to RECI for a 16.2% discount and a 9.7% yield. IMO outstandingly good value as many of us scoop up stock being discarded by some teenage scribbler, fund manager!

[jitters3] 02/6/2023 14:56

Bought in today 116.35