Das hat sich wohl ausgerockt ?
Haut wohl doch nicht so richtig hin, die Aktie künstlich in den Keller zu drücken...... :-)
.....oder ist es ein letztesaufbäumen vor dem Fall......? ? ?
Cerberus lässt fallen
Der US-Finanzinvestor Cerberus hat seinen Plan für ein Gebot für die angeschlagene britische Hypothekenbank Northern Rock einem Zeitungsbericht zufolge fallen gelassen. Das bedeute einen weiteren Rückschlag für Northern Rock, schreibt die Zeitung "Times" ohne Angaben von Quellen. Die Gespräche mit den interessierten Parteien an der Bank dürften bis Februar laufen. Die Beraterbanken von Northern Rock, Merrill Lynch und Citigroup, hatten an bis zu 50 mögliche Bieter Informationen über den Hypothekenfinanzierer verschickt und Vorschläge zur Rettung und Rekapitalisierung von Northern Rock bis vergangenen Freitag erbeten.
Northern Rock hatte den Eingang von Vorschlägen bestätigt. Es gebe Angebote über eine Investition in das Unternehmen und über einen Teilkauf. Bislang würden die Angebote dem Wert von Northern Rock nicht gerecht und würden den Aktionären einen geringen Wert bieten, so Northern Rock. Die bisherigen Gebote würden unter dem Marktwert des Unternehmens gemessen am Schlusskurs der Aktien vom vergangenen Freitag liegen. Zum Börsenschluss am Freitag betrug die Marktkapitalisierung 559 Millionen Pfund.
Nach Einschätzung von Beobachtern könnte Cerberus von den anhaltenden Marktturbulenzen abgeschreckt worden sein. Ein weiterer Grund für den Rückzug seien zudem hohe Belastungen bei der GM-Bank GMAC, an der Cerberus mit 51 Prozent beteiligt ist, berichtet die "Times" weiter.
Die Aktie von Northern Rock brach am Dienstag mit einem Minus von 21 Prozent auf 82 Pence regelrecht ein. Northern Rock verliert noch immer Einlagen, trotz Garantie der Regierung. Das Hypothekengeschäft läuft nach Einschätzung von Beobachtern derzeit minimal. Northern Rock ist das prominenteste britische Geldhaus, das im Zuge internationalen Kreditkrise ins Trudeln geraten war.
wenn jemand NR uebernimmt,bekommen wir dann nur einen gewissen Preis fuer die Aktie,und das wars dann,oder werden die weiter gehandelt?????Bitte um eine Antwort.
http://www.boerse-online.de/steuern-recht/aktuell/492292.html
Vielleicht gibt es da andere Möglichkeiten im englischen Recht, die fahren ja auch auf der falschen Seite, aber das weiss ich nicht.
Sources close to the company confirmed this afternoon that it has proposed to pay only a "nominal amount" for the company, and inject around £1bn to refinance its balance sheet and fund a new business plan. It is understood that this business plan could involve job cuts.
If successful, JC Flowers would immediately repay £15bn of the emerging funding provided by the Bank of England, cutting the loan to below £10bn. According to those familiar with the bidding process, this is the highest repayment proposed by any of the prospective bidders, which include Virgin Group and investment group Olivant.
David Buik of Cantor Index said this afternoon that the plan was "by far the most plausible proposal so far".
JC Flowers has assembled a heavyweight team of experienced City executives to run Northern Rock.,,,,,http://www.guardian.co.uk/business/2007/nov/20/northernrock.banking
JC Flowers' proposal, submitted yesterday, also includes an injection of between £1bn and £1.2bn of cash into Northern Rock to bolster its balance sheet.
The proposal comes after Sir Richard Branson's Virgin, a group led by ex-Abbey boss Luqman Arnold and a consortium led by America's Cerberus put forward proposals on Friday. Dutch bank ING and private equity firm Apollo are thought to be considering making offers for parts of Northern Rock.
The details of the Flowers plan have not been disclosed but they are understood to include a provision either to pay the Northern Rock Foundation £15m or for it to take a stake in the bank. Flowers is also offering to manage some of the foundation's assets, and it could invest alongside the private equity firm in the future.
The foundation, the largest donor to charity in the North East, has been seen as a stumbling block to a deal because it receives 5pc of the bank's pre-tax profits, worth last year £31m. It is also entitled to 15pc of a takeover price should the bank be bought.
Flowers, set up by ex-Goldman Sachs banker Christopher Flowers, has £15bn of funding from Royal Bank of Scotland, JP Morgan and Credit Suisse which it would use to repay most of the Bank of England's £25bn loan to the Newcastle-based lender. The Bank would have to continue to finance about £5bn of Northern Rock's consumer loans book and a further £5bn of mainly residential mortgages.
The group also believes Northern Rock's business would only succeed in the future if it writes new business and so would aim to rebuild its mortgage market share to about 7pc.
Both Flowers and Virgin require some Bank of England funding to remain in place for up to three years, and for the Government to continue to guarantee deposits.
While Flowers is bidding for the whole bank, Virgin would take a stake in the business, with the portion owned by existing shareholders diluted down to 45pc. Virgin would inject £1bn into Northern Rock, as well as its own Virgin Money business. A further £10bn would be used to repay some of the Bank of England's loan, with a plan to pay off the rest over time.Northern Rock's shares slumped for a second day yesterday, falling 7pc to 97p, as prospects for shareholders receiving anything from a sale of Northern Rock looked increasingly gloomy. Virgin has argued shareholders could benefit from the future recovery of Northern Rock. Mr Arnold's plan keeps shareholders in place, but its sticking point may be that taxpayers' exposure would remain hefty, and there is no sign of a capital injection into Northern Rock.http://www.telegraph.co.uk/money/main.jhtml?xml=/.../21/cnrock121.xml
Northern Rock attracts latecomers
Rodney Hobson, 21/11/07 09:05
The shambles at Northern Rock continues with news that 'expressions of interest' continue to roll
in after the supposed deadline last Friday.
The position is so dire that the banking group can hardly afford to turn latecomers away Northern Rock says this morning that it has received ‘additional indicative expressions of interest covering a range of options for the business’. It looks as if there is still only one possible bid though, and that one, if it ever materialises, will be well below last night’s closing price of 97p.
Rock warned on Monday that the approach indicated a price materially below last Friday’s close of 132.6p but shareholders seem to have wildly underestimated the gap between hope and reality. There are an awful lot of small shareholders out there who are blinkered as well as being deaf. Talks have begun with ‘a number of selected interested parties’ to clarify their proposals and Rock promises that it is moving as quickly as possible. The simple fact is, though, that so far there are no definite bids for part or all of the company. Northern Rock shares tumbled another 15.5p to 81.5p in early trading. We note the suggestion earlier this week that Virgin might put forward a proposal that left existing Rock shareholders with 45% of the company. We think it more likely that they will end up with no more than 4.5%, and possibly 0.45%. It is still not too late to get out with something by selling in the market. The window of opportunity is closing rapidly.
Hallo zusammen,
kann jemand sagen, ob die Aktie von Northern Rock, ausgesetzt werden kann oder nicht? Bei Amis habe ich leider erlebt, dass die Aktie eines Unternehmens, das unter Chapter 11 sein Geschäft weiterführte, ausgesetzt wurde. Kann es auch hier der Fall sein, dass die Altaktionäre leer ausgehen?
LG Karl
Der Wert sollte kurzfriestig als ein guter Zock angesehen werden um Geld zu machen!
Ich glaube das wir den Kurs von N.ROCK bald wieder wieder wesendlich höcher sehen werden.
Wenn sich das ganze Szenario um die Imo-Werte einwenig gelegt hat und im Amiland auch die Ruhe wieder vorherrscht, wird es bei N.Rock wieder nach oben gehen.
maxiwilli hätte besser in der Schule aufpassen sollen,das ist ja nun wirklich nicht nur mangelhafte Rechtschreibung sondern auch fehlende Urteilskraft und nicht vorhandene Englischkenntnisse
das ist jetzt nur noch Zockerei
Fresh doubts emerged last night about Northern Rock's ability to repay the £23bn of taxpayers' money it has been lent by the Bank of England.
A Guardian examination of Northern Rock's books has found that £53bn of mortgages - over 70% of its mortgage portfolio - is not owned by the beleaguered bank, but by a separate offshore company.
The same investigation reveals just how vulnerable the bank is to a cooling property market and demonstrates the scale of Northern Rock's exposure to mortgages where customers have borrowed heavily against their homes.
The mortgages are now owned by a Jersey-based trust company and have been used to underpin a series of bond issues to raise cash for Northern Rock. It means the pool of assets available to provide collateral for Northern Rock's creditors, including the Bank of England, is dramatically reduced, calling into question government claims that taxpayers' money is safe.This week the chancellor, Alistair Darling, told parliament taxpayers' money was safeguarded. "Bank of England lending is secured against assets held by Northern Rock. These assets include high quality mortgages with a significant protection margin built in and high quality securities with the highest quality of credit rating," he said.
The first tranche of the Bank's emergency lending to Northern Rock in September has been secured against specific assets. But the second tranche is secured only by a more general floating charge, which would mean the Bank would be vying with other creditors for repayment if Northern Rock failed. It is not clear how much money was loaned in each tranche, but the emergency loans are thought to have been for about £11bn each....Among the findings are:
· Mortgage loans of over 90% of the purchase price of a house have soared to £16bn, from £2.7bn, in the space of three years.
· Loans have exceeded the value of the property on nearly 2,500 mortgages, with a value of £263m. Three years ago, the figure was just £13m on 158 properties.
· 10,000 Northern Rock customers are a month or more in arrears on their mortgages, on loans worth nearly £1.2bn. At the end of 2003, there were only 2,500 in the same difficulties, with mortgages worth £168.8m.
· In 2003 Northern Rock repossessed 80 properties. Last year more than 1,000 properties were repossessed. By the end of September this year 912 properties had already been repossessed.
A rising loan to value ratio leaves Northern Rock exposed to any slump in house prices. Any property market crash would also have an impact on the company's arrears position.
The Guardian analysis has also discovered that Northern Rock has admitted being in breach of the conditions of the securities it has sold through its Jersey-based Granite Master Issuer, the company which packages and sells mortgage backed securities, but it has decided to ignore the breach. The breach occurred in September when Fitch, one of the main ratings agencies, downgraded Northern Rock's long-term credit ratings.http://www.guardian.co.uk/business/2007/nov/23/...nkofenglandgovernor