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Who bottled it?

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    #11
    Spanish banking rules are different they have to hold a greater amount of assets than non spanish banks.

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      #12
      Originally posted by Sockpuppet View Post
      Spanish banking rules are different they have to hold a greater amount of assets than non spanish banks.
      they're massive across europe, not just spain, bought again this morning at £8.06. Sweet sweet credit crunch!

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        #13
        £7.55 today Jeebo.



        You called that one brilliantly!

        http://www.santandershareholder.co.u...elling-shares/
        What happens in General, stays in General.
        You know what they say about assumptions!

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          #14
          Originally posted by MarillionFan View Post
          £7.55 today Jeebo.



          You called that one brilliantly!

          Santander Shareholders :: Buying and selling shares
          Long sold, and bought again today.

          City AM have done a big write up today on how sound Santander are and their long term prospects. The volatility of the share price is great news. A large spread and quick turnaround are fantastic for short term gains, and if it goes wrong short term, you have a high/frequent dividend with sound long term financial footing...
          But heh, you feel this is a chance to mock, so you prob feel good ... we are all winners today.

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            #15
            Forgot to add the farourite smilley of the losers:

            Comment


              #16
              Originally posted by Jeebo72 View Post
              Forgot to add the farourite smilley of the losers:

              No need to add the smiley. We know what you are already.
              Hard Brexit now!
              #prayfornodeal

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                #17
                Originally posted by sasguru View Post
                No need to add the smiley. We know what you are already.
                Yip, a genius wit.

                Comment


                  #18
                  Originally posted by Jeebo72 View Post
                  Yip, a genius wit.
                  Nice volatility for day training. 120 points down today so far.

                  Time to fire up my Barclays account. Should be volatile for the next few days. Then time to gamble on the election result.
                  What happens in General, stays in General.
                  You know what they say about assumptions!

                  Comment


                    #19
                    Originally posted by Sockpuppet View Post
                    Spanish banking rules are different they have to hold a greater amount of assets than non spanish banks.
                    What if the assests are way over valued? I have not seen where any Spanish bank has re-values their assets. You can't say Spanish properity has not fallen in value. As for the land banks that will not be built on in your lifetime, how much are they really worth.

                    One Irish bank just wrote off 50% of their assets value. How the Irish banks got into problems was Securitization they got around the need to asset back loans. Comming to a Spanish bank near you.
                    Fiscal nomad it's legal.

                    Comment


                      #20
                      Originally posted by alreadypacked View Post
                      What if the assests are way over valued? I have not seen where any Spanish bank has re-values their assets. You can't say Spanish properity has not fallen in value. As for the land banks that will not be built on in your lifetime, how much are they really worth.

                      One Irish bank just wrote off 50% of their assets value. How the Irish banks got into problems was Securitization they got around the need to asset back loans. Comming to a Spanish bank near you.
                      Are you drunk?

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