Northern Rock - Shares [Merged Threads]

FelOn_2

getoblast wrote: »

163.10 p 8.90 (5.17%) close of play 25 Sep 2007

I've been advised to buy at 137. mid day Wednesday...

Why do you want to buy at "137. mid day", just short first thing in the morning and your profits will already be in (if you *trust* this info)

bristolleedsfan

FelOn wrote: »

The market had already priced in the cancelation of the dividend, the price did not drop 14.2p when the BBC leaked the news before the official announcement.

my hunch was that NR share price would fall 14% tomorrow or 14% less todays falls unless wednesday saw a good news announcement for NR., which fits well with what the later poster said re drop in price to 1.37.

any discussion or statements about 14% drops has to be seen in the context that NR share price has not found its level and all banking shares are in state of fluctuation ( more than they would be in a settled environment) before you say thats always the case, bradford and bingley historical share price movements show thats not always the case.

purch

I've been advised to buy at 137. mid day Wednesday...

Goooood advice...........:eek:

Nothing beats a bit of 'insider' trading :T

benood

I should have taken Getoblast's advice - s/he's sitting on a tidy 30% gain by now. Problem was I couldn't find anyone willing to sell at that price, ah well there's always tomorrow!

getoblast

What a KILLING I've made

What a KILLING I've made... I was a bit too eager and bought at 165 but that’ll do me.
:beer:

Hang on in there is the advice...

baby_boomer

bristolleedsfan wrote: »

my personal opinion is that rather than sell off the business cheap NR should salvage its local interests even if this means demutalising

They've already done that blf. Do you mean that they should try to remutualise?

If so, I can't see how. Remutualisation would mean that their saving members would become liable for losses. Would the government sanction that having handed out a guarantee to existing savers? I think not.

As you know, the NR board's fiduciary duty is to do the best they can for their shareholders.

bristolleedsfan

baby_boomer wrote: »

remutualise?

If so, I can't see how. Remutualisation would mean that their saving members would become liable for losses. Would the government sanction that having handed out a guarantee to existing savers? I think not.

As you know, their fiduciary duty is to do the best they can for their shareholders.

yep i meant i similar word to remutualise.

labour has always despised shareholders, reports have indicated that the government would be happy for shareholders in NR to lose everything

FelOn_2

getoblast wrote: »

What a KILLING I've made

Well done mate :T :dance: :T


What does your "insider" predict for the next trading session :question: :question:

yorkie999

Guys im wondering do you think if no one buys any part of the buisness do you think in say a months time it may be able to dig itself out of the hole it is in at the moment.?
In other words if no change happens other than the BOE giving continued support.
The reas i ask this is because todays disaster quickly becomes old chip paper news and while i think new investments and new banl accounts may be slow to open,,if the correct incentive is in place,,open they shall albeit through time.


Just assuming if a company were to try a takeover what do you reckon the share price is we would all be offered,i realise its just a guess but id like to hear going by the last few days calculations what some of yous realistically think a share offer may be.
I was thinking roughly £3.80 per share

getoblast

Going off one of Martin's post I have deleted my last post...

<quote>Hi folks,

This is not an investment site and not regulated for discussion of specific investments. I would prefer it if we didnt discuss Share buying here.

Martin</quote>