Problems for Manchester Building Society

Money, investing, mutuals etc

Re: Problems for Manchester Building Society

Postby Oggy » Thu Aug 11, 2016 1:20 pm

LOL. I've still got them - took my eye off the ball! :thumbdown: Anyway, income is good and I've lost nothing whilst I still have them! :thumbup:
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Re: Problems for Manchester Building Society

Postby Trustee » Fri Aug 12, 2016 7:54 am

Oggy,
I dumped mine with a heavy heart on the news yesterday there'll be no income payments this year. http://www.londonstockexchange.com/exch ... 27103.html
@8% they were good and still might recover or rescued like my Co-op 11% 2023 sub notes which I'm happy with.
If they go much lower, I will buy back in.
Rds.
T
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Re: Problems for Manchester Building Society

Postby planteria » Fri Aug 12, 2016 8:03 am

good luck to both of you with these.. not really clued up re. PIBS, but i'd have thought MBS being absorbed into another society is fairly likely :think:
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Re: Problems for Manchester Building Society

Postby planteria » Fri Aug 12, 2016 11:00 am

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Re: Problems for Manchester Building Society

Postby planteria » Fri Dec 09, 2016 10:08 am

apparently Nationwide have declined to absorb the Manchester..

http://www.thetimes.co.uk/article/hunt- ... -wqkbhxdv7
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Re: Problems for Manchester Building Society

Postby planteria » Wed Mar 15, 2017 8:59 am

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