B+B shares are now sitting at 20p.....Are they worth a punt ?
200 would only cost me £40 .

wrote in message
...
B+B shares are now sitting at 20p.....Are they worth a punt ?
200 would only cost me £40 .


Plus brokerage fees (perhaps another £20).

If you like betting at the bookies then they might be, but as with the
favourite in the three thirty at Doncaster, you could lose the lot...

"R. Mark Clayton" wrote in message
...

wrote in message
...
B+B shares are now sitting at 20p.....Are they worth a punt ?
200 would only cost me £40 .


Plus brokerage fees (perhaps another £20).

If you like betting at the bookies then they might be, but as with the
favourite in the three thirty at Doncaster, you could lose the lot...


Plus you might be asked for more money in a rights issue - a sort of double
or quits...

On Sat, 27 Sep 2008 20:23:26 +0100, "R. Mark Clayton"
wrote:


wrote in message
.. .
B+B shares are now sitting at 20p.....Are they worth a punt ?
200 would only cost me £40 .


Plus brokerage fees (perhaps another £20).


It's £15


If you like betting at the bookies then they might be, but as with the
favourite in the three thirty at Doncaster, you could lose the lot...

Indeed ...

wrote in message
...
B+B shares are now sitting at 20p.....Are they worth a punt ?
200 would only cost me £40 .

Looks like you are too late.
The BBC web site says that it is to be nationalised as Northern Rock.
B.

On Sat, 27 Sep 2008 22:48:24 +0100, Derek Geldard
wrote:

Right, that's it then .

Any bets on who's next ?

Derek

Probably another of the former Building Societies who were too big for
their boots and wanted to be banks.

I wonder what is going to happen to Mr. Bradford and Mr. Bingley, the
two men with the bowler hats? Anyone know who the actors were in that
B&B commercial?

--
Alasdair.

"Retired" wrote in message
et...

wrote in message
...
B+B shares are now sitting at 20p.....Are they worth a punt ?
200 would only cost me £40 .

Looks like you are too late.
The BBC web site says that it is to be nationalised as Northern Rock.
B.


In which case you might get your stake back.

Not so lucky all the shareholders who invested when the shares were pounds
each.

"Alasdair" wrote in message
...
On Sat, 27 Sep 2008 22:48:24 +0100, Derek Geldard
wrote:

Right, that's it then .

Any bets on who's next ?

Derek

Probably another of the former Building Societies who were too big for
their boots and wanted to be banks.


Except that I believe that the B&B was the last of them.

"Alasdair" wrote in message
...
On Sat, 27 Sep 2008 22:48:24 +0100, Derek Geldard
wrote:

Right, that's it then .

Any bets on who's next ?

Derek

Probably another of the former Building Societies who were too big for
their boots and wanted to be banks.


also, it's worth recording that the Bradford and Bingley had no desire at
all to be a bank. The people who ran it wanted to remain as a mutual.
Unfortunately, it was the members who were greedy* and wanted the windfall
shares that forced it to demutualise and become a bank.

* and even more likely, those members who joined just before demutualisation
with the sole aim of voting for and getting the windfall.

On Sep 29, 6:16*pm, "M.I.5¾" wrote:
"Alasdair" wrote in message

...

On Sat, 27 Sep 2008 22:48:24 +0100, Derek Geldard
wrote:

Right, that's it then .

Any bets on who's next ? *

Derek

Probably another of the former Building Societies who were too big for
their boots and wanted to be banks.

also, it's worth recording that the Bradford and Bingley had no desire at
all to be a bank. *The people who ran it wanted to remain as a mutual.
Unfortunately, it was the members who were greedy* and wanted the windfall
shares that forced it to demutualise and become a bank.

* and even more likely, those members who joined just before demutualisation
with the sole aim of voting for and getting the windfall.

The B&B were always abunch of con men....they were never going to have
the required tier one capital to be abank and always prefer to treat
any mortgage like stock and mark to mark to borrow more and pay
themselves more ...its the requirement to mark to mark that trading
stock that has ****ed them over..the stock has gone down and they have
been required to put in more funds to back there borrowings....they
couldnt do it