Severfield Share Discussion Threads

[dan_the_epic] 23/5/2019 09:15

I am shocked severfield and billinton are not selling off yet. It maybe just needs a couple of people to wake up and bank profits. This is a serious event for the supply chains of both businesses

[steelwatch100] 22/5/2019 22:05

Hope the news re British Steel does not prevent SFR (or BILN for that matter) fulfilling their contractural obligations.

[sarkasm] 21/5/2019 14:42

Point of no returns
UBS to implement zero interest rate on savings accounts
This content was published on May 21, 2019 2:49 PM May 21, 2019 - 14:49
ubs

UBS already implements a zero interest policy for savings accounts with over half a million Swiss francs.
(© Keystone / Gaetan Bally)

As of June 1, Switzerland's largest bank will stop paying interest on adult savings accounts.

Funds deposited in UBS savings accounts currently earn a rate of 0.01%, just like at Credit Suisse, the other major Swiss bank. Almost all other Swiss banks pay a small interest on saving accounts with the average amounting to 0.07%.

"UBS assumes that this phase of very low interest rates will continue for some time to come. For this reason, the bank decided to adjust its interest rates," the bank told the Swiss news agency.

Online comparison platform Moneyland warns that the move by UBS could have a ripple effect. UBS already doesn’t pay interest on saving accounts with more than CHF500,000 ($495,000). According to Moneyland there is a possibility that the bank could even impose a negative interest rate on such accounts in the future. For comparison, competitor Credit Suisse applies zero interest rate to savings over CHF250,000.

It is not just adult savings account that will suffer from the new UBS policy. Interest rates of youth savings accounts, retirement accounts (third pillar) and vested benefits pension accounts (second pillar) will also take a hit, dropping from 0.50% to 0.25%, 0.20% to 0.15%, and 0.05% to 0.01% respectively.

Keystone-SDA/ac

[sarkasm] 20/5/2019 16:37

1.1266CHF -0.0014 -0.12%

[waldron] 08/5/2019 07:40

1.1422CHF
+0.0012+0.11%

[waldron] 07/5/2019 08:06

EURCHF:CUR
EUR-CHF X-RATE
1.1402CHF
+0.0005+0.04%

[waldron] 06/5/2019 06:42

EURCHF:CUR
EUR-CHF X-RATE
1.1366CHF
-0.0021-0.19%

[jadeticl3] 03/5/2019 08:21

This fellow has posted the same message on all my sites so is now filtered.

[cc2014] 01/5/2019 13:34

looking at the trades it seems we have good support at 76. I'm hoping the buyers will keep nibbling this upwards over the next few weeks.

[waldron] 30/4/2019 15:38

EURCHF:CUR
EUR-CHF X-RATE
1.1439CHF
+0.0033+0.29%

[waldron] 30/4/2019 07:43

EURCHF:CUR
EUR-CHF X-RATE
1.1391CHF
-0.0015-0.13%

[waldron] 29/4/2019 07:21

1.1375CHF
+0.0007+0.06%

[waldron] 26/4/2019 08:12

1.1370CHF
+0.0010+0.09%

[jadeticl3] 25/4/2019 13:18

I thought the move into India was great at the time but it has taken sooooo long to look good.

[owenski] 25/4/2019 11:23

Indian order book shows good potential, I used to be critical of the move there but looks like it could be a shrewd move.

[jadeticl3] 25/4/2019 10:43

The update is not wildly exciting but there appears to be no bad news, so what do we expect for share price performance? 80pmax? Will dividend be increased ?

[cc2014] 25/4/2019 10:19

Since the order book figures are as of 1st April I guess the trading update was held up as they were finalising the settlement on the Cheesegrater.

[cc2014] 25/4/2019 08:20

I don't think you could ask for more. That's a pretty impressive order book gain against a benign environment in the UK and India is starting to come to fruition.

[podgyted] 25/4/2019 08:08

Trading statement looks good to me. Orders up considerably. In-line. Agreement on the Shard at no further cost.

India going great guns.