any comments, thoughts, on this stock.

well, this will go one way or the other!

annie ..... i trade and i also suggest that you read properly what i wrote in that post .... anyway, assuming that NRK has some value, there could be a quick turn to make during the course of today .... that is a long way from wringing your hands that you bought at 500 (say) and have just sat and watched it slide 2/3/4 days on the trot and done nothing in the fond but totally misguided hope that you will recoup those massive losses.

though i certainly don't get it right all of the time, i have been both long and short of SOLA and done very well indeed ...... even AL which i bought as a safe defensive stock (hahaha!) i initially lost my shirt, but sold up and then bought back and profited on the bounce and sold again - nett result is still a nasty loss, but less than half of what it was.

Interesting read on NRK

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/21/cnnrock121.xml

nice find bluelady, thx.

yes thanks for that bluelady. Thanks also to derwent who highlighted RAB buying yesterday (post 203)

NRK goes ex-divi on the 26th sept. 14.2p on a share currently worth 181p!!!
I suspect that the final divi in 6 months time might not be so good.

I agree about Brand reputation but it is one very important thing which was also the reason of troubles, this bank is lending money to customers more than running and gaining from investments and current accounts. And if someone is looking for bank to borrow some money the most important think is if this someone will get money and how much will be interest, brand is less important. And you see prices today, just because some announcements is already 10% up.

i suspect there will an announcement that the divi has been withdrawn

If divi is cancelled that would severely effect the sp and undermine any remaining confidence.

I doubt it, I think most people buying at present would not expect a final dividend. Infact, it will help the Company conserve cash assuming it survives in its present form. I remember BT passing a dividend when things were not so rosy.

I AM VERY THICK!
How can paying a divi conserve cash?

I think Guscavaleir means if they dont have to pay a divi, as the people paying at present dont expect ony anyway.

I believe that this divi (interim) will be paid, though the final divi is unlikely.
I remember seeing an article to this effect. If I find it, I will post here.

Last week they confirmed the interim would be paid. I've seen nothing to say they've changed their minds.

So the divi represents about 7% of the share price, which is exceptional.
However, once it goes ex-divi, presumably people will pile out & the sp will slide again. The choice is income over a capital gain.

Pretty much sums it up, Harry

sorry cynic, I just got back, degzy1 understands, stick with him.

never apologise, especially to me - lol! .... i am def in here only for the day as goodness knows what the w/e press will have to say, be it good or bad

I've bought a few more this afternoon. ;-0

i dithered this morning so bought at 195 when could have got in well below that ...... only a fairly modest stake, and just a rather silly gamble