Notts.b/s.7 7/8 Discussion Threads

[return_of_the_apeman] 17/9/2024 07:20

Is this the last of the PIBs and Prefs yielding over 7%?

I see it has started to move again perhaps in anticipation of the BOE rate decision on the 19th or perhaps just due to its relative price to the majority/rest of the market

Either way the 5yr chart is beginning to paint a nice picture

[spittingbarrel] 12/8/2024 15:19

110.25 bid online and no offer!

[my retirement fund] 09/8/2024 16:50

If an offer is made to buy them back, that's probably what it would take today for Notts to have a hope of extinguishing them

[holts] 09/8/2024 13:12

Should have sold then , half asleep , although I just wanted the income . Couldn't understand why it had got so low again in the last couple of years .

[my retirement fund] 09/8/2024 12:22

It's been as high as 132p

[holts] 09/8/2024 12:09

I’ve been waiting for life since 2010 , 1.14 I think was about as exciting as it got .

[my retirement fund] 08/8/2024 15:55

Nice to finally see some life here

[my retirement fund] 02/8/2024 13:54

107.2p quoted on the bid, yield should move down shortly towards something under 7%. 115p sooner than later imo.

[my retirement fund] 01/8/2024 08:40

I note that Newcastle pibs trade at 7% today. Nottingham needs to trade at 112p to match Newcastle. That said, the risk premium is better with Nottingham, so technically, it should trade at a slight premium to Newcastle. Say 115p

[yaesu] 01/8/2024 07:59

I would be very sorry to see them go.

[spittingbarrel] 01/8/2024 07:53

105 online bid with idealing now.

[my retirement fund] 01/8/2024 07:41

Yes, who can say, but the superior tax treatment of them must make it worth holding them in the event they do make a proposal as the capital gain will be free from tax.

[yaesu] 31/7/2024 21:32

When will that be ?

[my retirement fund] 31/7/2024 18:13

I thought it would be helpful to create a thread about these before they are inevitably taken out for a premium and consigned to the history books of extinction

[my retirement fund] 31/7/2024 18:11

Nottingham Building Society 7.875% permanent interest bearing shares.