Royal Bank Of Scotland Share Discussion Threads

[homeboy35] 11/10/2013 12:00

RBS is getting a bit of a bloody nose at these heady heights

[leedskier] 11/10/2013 10:06

Miners and life insurance companies leading today's parade.

[leedskier] 11/10/2013 10:04

FTSE100 up 0.4%. Still strong at 10.00am.

[leedskier] 11/10/2013 09:36

Yep.

Given the sentencing tarifs there, it is not the country for anyone to act corruptly, or at least to get caught doing so.

By comparison T Dan Smith leader of Newcastle upon Tyne was sentenced to just six years for accepting bribes of more than £150k in the 1960s from Poulson, in what became a cause celebre criminal trial in the 1970s involving a number of the good and the great.

[speedy] 11/10/2013 09:30

"If I was not able to push through something that obvious, the [NY Fed] certainly won't be capable of supervising banks when even more serious issues arise."

Interesting ...

[speedy] 11/10/2013 09:16

Putting the US negotiations in context ...



And the NSA had no clue this was happening?

[leedskier] 11/10/2013 08:49

That is what it is showing ... on the screen ... but the real mark up is 450-330 = 120/330 = 36%

But the shares opened at the 'grey price' set by IG Index which reflected a significant mark-up.

add:

The shares are not officially listed until Tuesday.

[begorrah88] 11/10/2013 08:44

6.5% to 448p? you might need some new batteries for your calculator

[leedskier] 11/10/2013 08:10

RMG up 6.5% at 448p. That is higher than the grey market price.

[leedskier] 11/10/2013 08:08

Talking of 'RMG'


October 11, 2013, 2:18am
ROYAL Mail will this morning be privatised in a deal worth £3.3bn – but tens of thousands of private investors will miss out on shares in the postal service due to extraordinary demand and a controversial allocation policy.

Around 40,000 individuals who each applied for more than £10,000 worth of shares last night discovered that business secretary Vince Cable had taken the highly unusual decision to give them no stock at all.

Those who applied for smaller amounts were also left disappointed when the government confirmed that the remaining 690,000 would-be investors are to receive a share allocation worth just £749.10 each.

A grey market operated by spread betting group IG suggests Royal Mail shares will jump 23 per cent today, meaning even small investors could be left with an instant £172 profit.

- See more at:

[leedskier] 11/10/2013 08:03

FTSE100 and RBS both up about 0.29%.

[leedskier] 11/10/2013 07:55

The market may open high today, but given that a deal has not yet been struck and today is Friday, will the market sell it off?

It may all depend on whether the FSTE100 is viewed as cheap at current levels.

[leedskier] 11/10/2013 07:38

If these UK banks barely have enough liquidity to meet UK retail/corporate demand it seems pointless pretending to meet demand overseas.

[leedskier] 11/10/2013 07:34

10 October 2013

LLOYDS BANKING GROUP ANNOUNCES SALE OF AUSTRALIAN OPERATIONS

Lloyds Banking Group plc ('the Group') announces today that it has agreed the sale of its Australian operations to Westpac Banking Corporation. These operations principally comprise Capital Finance Australia Limited (CFAL), a provider of motor and equipment asset finance, and BOS International (Australia) Limited, a corporate lending business. The consideration includes approximately AU$1.45 billion for the shares in the operations and approximately AU$0.1 billion for the market value of derivative contracts, resulting in total consideration of approximately AU$1.55 billion, or approximately GBP0.9 billion at current exchange rates, which will be payable in cash. In addition an AU$0.1 billion pre-completion distribution will be made by the Australian operations.

The sale is in line with the Group's strategy of focusing on the UK, rationalising its international presence and ensuring best value for shareholders. The sale will enable our country exit from Australia, which will be effected a short time after completion, although we will continue to support core UK-linked clients in Australia. The proceeds of the sale will be used for general corporate purposes.

[jwe] 11/10/2013 07:15

Royal Mail-I assume that is a typo & should be RMG

[leedskier] 11/10/2013 07:11

FTSE100 tipped to open firmly higher this morning
11 October 2013 | 06:34am
StockMarketWire.com - PRE-OPEN REPORT: The headline index is tipped to open over forty points higher this morning, according to financial websites, as US Budget crisis talks raise the prospect of a resolution, and with Royal Mail a focus.

US & ASIA

In the US last night, the Dow climbed 323 points to 15,126, the Nasdaq added 83 points at 3,761 and the S&P500 gained 37 points at 1,693.

In Asia today, the Nikkei was recently up 216 points at 14,411 and the Hang Seng ahead 288 points at 23,240.

WTI crude oil traded at $103.01 a barrel and Brent crude at $111.80.

Gold settled at $1,296 an ounce.

LONDON MARKETS

In a quiet corporate diary today, final results are scheduled from Aeorema Communications.

A trading statement is expected from XP Power.

Shares in Royal Mail begin conditional trading under the EPIC DMG.

Transense Technologies hosts its AGM.

Story provided by StockMarketWire.com
- See more at:

[gcom2] 10/10/2013 15:40

brakes off, technical resistance broken

[srpactive] 10/10/2013 15:31

leedskier

And it will imho, I have switched a large stake from
ezj at 1300p into rbs at 369p, the long term chart
has plenty of upside. I still hold both though.

regards

active

[djgeru] 10/10/2013 15:30

Broken and re-tested the 375p long time barrier ... Now all the way is free to the 450s ... as soon as the Split news are released ...It may be a very happy end of the year for all the shareholders!

[leedskier] 10/10/2013 14:55

Up 4.5% today, it needs just another 16.5% to get to 450p.

[leedskier] 10/10/2013 14:53

386p and rising ;