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NRK Northern Rock

90.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Northern Rock LSE:NRK London Ordinary Share GB0001452795 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 90.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Northern Rock Share Discussion Threads

Showing 17376 to 17392 of 17400 messages
Chat Pages: 696  695  694  693  692  691  690  689  688  687  686  685  Older
DateSubjectAuthorDiscuss
26/2/2021
14:29
Just saw this and bought back some memories
knowing
02/3/2020
09:15
Thousands of former Northern Rock shareholders are planning to restart their fight for compensation after the nationalised bank was left with ?5 billion in surplus equity having repaid its government loans in full. Dennis Grainger, chairman of the Northern Rock Small Shareholder Action Group, said that he would be writing to the prime minister and to the chancellor to recover the excess profits made by the Treasury from the bank's 2008 nationalisation. - The Times
qantas
09/8/2012
10:41
thanx Quantas - yuk!!
galleon
29/7/2012
19:04
Sunday Express today Northern Rock euro court case rejected.
qantas
02/4/2012
12:31
Answer:
The historical share price about 2 years before the government took over was £11.50 on Friday 17/02/06.

The original issue value was £4.51908 and the takeover was on 22/03/08.

miata
02/3/2012
10:12
For research I am trying to obtain the historical share price (about 2 years before the government took over). I looked at yahoo/google and could not find it.
Do you know of any source that I coudl use to obtain this information.

aliveli
02/3/2012
08:34
"Rock: Bad bank gone good

There was big controversy in November when the government sold the so-called good bits of Northern Rock to Virgin at a loss which could be greater than £500m.

But the part of Northern Rock that is still owned by taxpayers, and has been combined with the mortgage book of Bradford and Bingley, today announced a very handsome profit for 2011 - of £1.1bn, an increase of 145%.

What is striking, just to labour the point, is that the annual profit on this business, now called UK Asset Resolution, exceeds the losses incurred by the Treasury on that contentious privatisation.

The reason for the big profit - which also allowed UK Asset Resolution to repay £2bn of money it borrowed from the Treasury - is that there has been a sharp reduction in loans going bad and running costs have fallen.

Even more encouraging, UK Financial Investments, which manages taxpayers' holdings in banks, estimates that the government will have generated a cash surplus of £10bn when all Northern Rock's mortgages are eventually repaid.

That would represent an annual rate of return in the region of 3.5% to 4.5% for the Treasury, which is perhaps a tiny bit better than what it costs the government to borrow. Or to put it another way, taxpayers may eventually end up with a genuine profit on the 2008 nationalisation of Northern Roc

grbaker
05/1/2012
21:05
will P I before delisting get anything out of it at all?
golikethewind
20/12/2011
11:43
Although better book value than Lloyds will receive for Verde.
zeuseq
20/12/2011
11:41
maybe not.
zeuseq
25/11/2011
08:43
excellent price.
zeuseq
17/11/2011
10:53
Northern Rock is being sold to Virgin Money for £747m, the government has announced.

Northern Rock plc will be rebranded as Virgin Money, which has pledged no compulsory job cuts for three years.

The bank currently employs 2,500 people, down from 5,500 when it was nationalised.

miata
29/7/2011
16:53
Bad Bank repays
qantas
16/6/2011
12:53
so where now for luckless ordinary / small shareholders?..suppose we just have to pray!
galleon
13/2/2011
19:50
The Sunday Times today
Northern Rock to buy back old loans
Taxpayer-owned lender poised for partial reunification as it eyes purchase bad bank assets.

qantas
09/1/2011
23:26
Energy provider npower officially opened its £60m offices at Rainton Bridge, near Sunderland. The site had originally been built as Northern Rock's showpiece headquarters.
miata
07/10/2010
11:17
B&B really was a basket case. This is an excellent way to write off B&B failings by sucking up the assets in the NR part. - Thereby justifying that there was no value of NR when confiscated.

Outrageous.

ekuuleus
Chat Pages: 696  695  694  693  692  691  690  689  688  687  686  685  Older

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