any comments, thoughts, on this stock.

Any company that has interference from Politicians should be regarded as "suspended" - like a dormouse in Winter....to the casual observer it is dead!...but it might awaken, in the good times months ahead.

Frankly having been burnt by this rotter, I'm only glad I'm out.

Does anyone think a rescue will happen - will anyone risk more than (50p? ) a discount to the current sp. It's a fire-sale isn't it?

Note: I believe the business itself (ie Lending mortgages) is sound - and we are reasonably sure "savers" are OK - at least until the Government makes strange noises and there is another "run" - I suspect by Xmas they will be practically empty of funds. ( Why would anyone risk a long queue, in the cold?)
What seems unforgivable is the woeful attitude of the Directors - feathering their own(pension) nests yet having no regard for the investors, many of whom were small savers - post-floatation.
I will be posting a short-version of the Annual Report and ask the Question...
..Where was the risk I suffered spelt out for all to see?
I believe the Annual Account did not explain the risk and that PriceWaterhouseCoopers (Newcastle) had not been sufficiently diligent that they thought fit to forewarn of the impending disaster.
- - - I'll leave it to others to determine if the cost of the 1pp Auditors' Report along with the huge fees paid annually to Directors was money well spent. - -

my bank manager was very pleased with me, though he says i should have bought back at 60/65p this morning instead of waiting until it rebounded to 91!

I hear the J C Flowers bid is 35p.

press release implied "bugger all" which i read as being rather less than that

You may well be right as as far as I know there are no other bids on the table unless toothy branson puts one in.

for all that, sp has remined quite solid round present level of 86/87

Reports on Tuesday indicated that private-equity house J.C. Flowers made an offer with a "nominal" payout to shareholders. The buyout offer from the group led by an ex-Goldman Sachs banker reportedly would pay 15 billion pounds of Bank of England loans immediately, and around 10 billion pounds more by 2010, according to wire service reports.

Ho Ho Ho 85p now...NRK will be 30p by X'mas.

i am currently out, but fear that greed may force me to short again

i am currently out, but fear that greed may force me to short again

Get in, cynic...the debacle will widen and Chancellor Darling will fall into it.

Can you still get a short position on this?

possibly

For anyone who wants cheering up see the following. It's a sketch of the sub-prime fiasco. It's so near to the truth it's almost unbelievable. It is a wind-up so if you are only looking at serious debate don't go there.

http://www.dailyreckoning.us/blog/?p=619

Buyers seem to be winning at the moment.

Very funny, Greek.
Too close for comfort in many respects, but a mile away on others.
Very true that it almost a self fulfilling prophecy. Had no-one got the jitters over property valuations, it would never have happened, and the best hope for a relatively blood free end to it all is a forecast of robust property prices, though I doubt that.
Even in satire, governments and brokers get hit, but surely the truth is that individuals decide what they can afford and want to do. Not governments and brokers. Lenders decide on their underwriting, not governments and brokers.
But we all know that governments will be blamed for allowing it to happen, and brokers will carry the can for the clients wrong decision.
Meanwhile the lenders will be bailed out by the taxpayer and destitute homeowners will be assisted by legal and / or benefit changes, even though both have only themselves to blame.
Anyway, enough of the serious stuff.
very funny and well worth a view.
Alan

40 billion deficit in this NRK debacle will cost Gordon Brown his election.

he is perfectly capable of losing the election without the help of either NRK or "sweetness and light" aka Darling

cynic
In that case we are doomed.

you could have Minger if you would rather!