Natwest Share Discussion Threads

[polar fox] 26/4/2024 15:18

On Oddschecker, the odds on June and July for the election are rapidly shortening - lots of rumours flying around. I've just checked Laddies and they are still using Dec.12 on their website. There is also the little matter that Hunt wants an Autumn Statement, presumably so that he can use money from selling NatWest shares to bribe voters!

We live in interesting times.

[polar fox] 26/4/2024 14:23

In relation to last May's off-market, the RNS said:

The purchased Ordinary Shares represent 4.95 per cent of the Company's issued Ordinary Share capital (excluding treasury shares).
unquote

Therefore, 15% is three times as much of the issued Ordinary. That would leave about 13% with HMT, after today's RNS.

ADD: 15% of 8.723bn is around 1.3bn, so the cost would be approaching £4bn or so.

[delphiman] 26/4/2024 14:03

is it 15% of whats left or 15% of the whole originaly issued shares
as if its 15% of the 30% outstanding then that's 4.5% reducing it to 25% outstanding, which is it ?

would we end up with 15% outstanding or 25% outstanding after a 15% buy back ?

[smurfy2001] 26/4/2024 13:46

The prospect of buying back upto 15% via directed buy back is exciting.

[polar fox] 26/4/2024 13:42

Amid all the excitement, HMT carries on selling:

The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (27.93%), has been calculated following the disposal by HMT of 84,107,387 ordinary shares in NWG since its last TR-1 notification on 5 April 2024.
unquote

[scemer] 26/4/2024 12:36

Can see a return to the old high and new broker upgrade's once the government sale cleared up to the public if it goes ahead

[skinny] 26/4/2024 11:50

All looking pretty decent - if a bit toppy (technical term).


free stock charts from uk.advfn.com

[chinese investor] 26/4/2024 11:28

Looking Good !

[smurfy2001] 26/4/2024 10:10

Impairments, a closely watched measure of loan losses, were £93m - much better than the £186m forecast by analysts.

However, the figure was better than the £1.2bn forecast by analysts, and the bank's chief executive described the results overall as "strong".

[polar fox] 26/4/2024 08:24

If you look at the L/T chart above, last February the high was 313.10. It is a very important level. If the share price goes above 313.10, it will be a new high since 2018. Bullish price action.

Keep an eye on it!

[smurfy2001] 26/4/2024 08:16

Wow 😮 sure the government would like a directed buy back at the levels 😀

[skinny] 26/4/2024 08:06

12+ month high @304.10p

[hutchmeister] 26/4/2024 07:47

https://www.bloomberg.com/news/articles/2024-04-26/natwest-beats-estimates-on-signs-of-growing-customer-confidence

[netcurtains] 26/4/2024 07:37

im not sure results have much baring, price action all seems to be linked to buybacks and government sales

[scemer] 26/4/2024 07:29

Can't see results runs!

[qantas] 26/4/2024 07:09

Great results shorts doomed to failure

Hello Kitty says Hodl Yoda

Please do your own research as always and always follow FCA guidelines

[kiwi2007] 24/4/2024 23:04

12.7% decrease in revenue to £3.384 billion from £3.88 billion expected.

EPS 10p

[smurfy2001] 23/4/2024 22:42

Natwest shareholders approve proposal to buy back 15 per cent of government’s stake

[smurfy2001] 22/4/2024 19:41

FTSE 100 futures making all-time highs.

[smurfy2001] 22/4/2024 17:56

Will the results blow the doors off 300p.