B & B shares - would you buy now?

Stavros_3

What they should do is issue assurances that all savings are safe with every regulated bank/BS, then they wouldn't be nervous people

fatpig_2

They already gave that implicit assurance after the N Rock fiasco. So no point moving your money.

sabretoothtigger

Yes buy BB, if you have 250 pounds you were only going to do something stupid with then why not see where it goes. You could use it as a kind of gauge if you have other investments

China’s State Administration of Foreign Exchange (Safe) has agreed to invest more than $2.5bn in the latest TPG fund, in what could be the largest commitment ever made to a private equity firm. The move highlights the growing inclination of sovereign wealth funds to invest through private equity firms – rather than directly – to minimise potential political backlash. It also illustrates the growing importance of SWFs to buyout firms at a time when pension funds and non-profit endowments are cutting back their exposure to leveraged buy-out investments. Safe oversees the bulk of China’s $1,600bn in reserves. The new TPG fund, which has not yet closed, has about $17bn in assets.

MiserlyMartin

opinions4u wrote: »

By nationalising Northern Rock, has the government created a safe institution that will lead to instability in others as savers withdraw their balances?

They have altered the market dynamics and as such increased the risk of a bigger failure.

Thats an interesting point. They may well have done when the banking crisis gets even worse, but I don't think the general public view Northern Crock now as a safe place to put their money even after government backing.

Almost forgot - don't touch B&B shares with a bargepole!

cheekykid

stevetodd wrote: »

I recently took most of my cash out of B&B and parked it into bonds, when they mature I will put in Birmingham Midshires where (if I understand the rules correctly) it would be 100% safe

Why are they more safe than B&B?

bristolleedsfan

Will be 6 for 1.00 soon. :rotfl:


Date: 17/09/2008 I Last trade: 09:02 BST
Current price27.00

cheekykid

bristolleedsfan wrote: »

Will be 6 for 1.00 soon. :rotfl:


Date: 17/09/2008 I Last trade: 09:02 BST
Current price27.00

am waiting the time it hits 10p:D. Then am going in with £100

Can you reccoment a good website where you can buy/sell shares etc?
Also if they are saved by the governement would their shares still be "active"?

sabretoothtigger

halifax are cheapest and nr shareholders wont get anything afaik

bristolleedsfan

cheekykid wrote: »

am waiting the time it hits 10p:D. Then am going in with £100

quote]


Ironically i was thinking last night that soon Grand Dads are going to be asking their Grand Children whether thay would prefer 10 black jacks or a B+B share. :rotfl:

Masomnia

I love how everyone stops posting in these scaremongering threads when the share price goes back to where it was at close.


They in fact currently up to 31p.