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Soc Gen

  • 11-02-2008 12:11pm
    #1
    action jackson
    Closed Accounts Posts: 130 ✭✭


    worth buying ?

    just dropped share price 40%, in order to help them out of the "little" mess that happened on jan 23rd.


Comments

  • #2
    justfortherecor
    Registered Users, Registered Users 2 Posts: 714 ✭✭✭justfortherecor


    Well if BNP or Credit Agricole decide to launch a bid it may well rise, but the fact that only French Banks will be allowed to bid for SocGen will lead to less speculation than would otherwise be possible.


  • #3
    portomar
    Closed Accounts Posts: 507 ✭✭✭portomar


    if you search for northern rock, you'll find a topic which started off much the same, when it was at 115p. now at 97p. although there does seem to be a major difference in that NRKs problems were systemic and SGs seem to be non systemic. but i would wait for some upside before going near it.


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