Royal Bank Of Scotland Share Discussion Threads

[petesnow] 04/8/2015 10:23

Hopefully this sets a low for RBS share price. I am sure last nights buyers wouldn't want to make a loss 😉

[smurfy2001] 04/8/2015 10:06

669.38m shares traded vs average volume of 14m ;)

[ariesr] 04/8/2015 10:04

Despite the offloading, its holding.

[gcom2] 04/8/2015 09:43

rather buy now than in a year or two. It won't be 33p by then

[leedskier] 04/8/2015 09:29

Yes the FTSE100 is now positive.

[smurfy2001] 04/8/2015 09:23

Nice recovery & morning to all.

[smurfy2001] 04/8/2015 09:21

Added @ 336.x to long term holding average still 348.x.

[avatar333] 04/8/2015 09:18

Morning.

;

[smurfy2001] 04/8/2015 09:17

emptyend - sorry to hear you got burnt but my average is low and l will make a fantastic return here for sure. See you at 450p when you will probably buy.

[emptyend] 04/8/2015 08:58

Smurfy - I was one of the few who warned against the banks as early as 2003. Please don't trot out your rubbish about the breakeven to me - it has absolutely NO relevance to the potential. At some point RBS probably will offer better prospects than Lloyd's - but not for a year or two yet. I'll be back then, but meantime you can keep your misplaced views to yourself.

[isis] 04/8/2015 08:25

RBS probably made the worst timed takeover in history when they bought ABN AMRO - probably accounted for most of their loses.

The Dutch Government will forever be grateful to the British!

[smurfy2001] 04/8/2015 08:18

So its taken down to 330 lolz

[smurfy2001] 04/8/2015 08:15

emptyend - RBS has far more upside potential than Lloyds even though it's paying a dividend.

Don't forget gov break even is 502p.

[smurfy2001] 04/8/2015 08:13

Added @ 332.x to long term holding average now 348.

[emptyend] 04/8/2015 08:13

What the sale does IMO is encourage people to focus on value and potential upside, instead of simply dismissing RBS as uninvestable due to a permanent overhang. People like me (who've ignored RBS for about the last 12-13 years) will at least think about the fundamentals from time to time.I'd still rather own Lloyds for now though.

[smurfy2001] 04/8/2015 08:01

Must say holding up better than expected on the open, let's see.

[smurfy2001] 04/8/2015 07:57

Jungle Jim ;-)

Price goes down after a profit, you gotta laugh.

[isis] 04/8/2015 07:55

Taxpayers have had their pound of flesh - or rather £50billion worth!

[emptyend] 04/8/2015 07:46

Yet more confirmation that the Labour government overpaid massively when bailing out RBS. All those in the press who fulminate about the loss to the taxpayer need to be looking at the buyers 7 years ago, not the sellers who have finally started to bite the bullet.Probably a helpful move for shareholders - beginning of the end of a massive overhang....

[marko1961] 04/8/2015 07:40

Wow is that print right 630 million

[jungle jim] 04/8/2015 07:39

What an amazing coincidence that just around the election the price drops to around 350 and holds there in a suspiciously straight-ish line until Lo: the shares are offered at a discount to this new low price to some big names in the city. I like a good conspiracy theory, I think I'll start one.

[smurfy2001] 04/8/2015 07:25

Interesting looks like they sold 0.2% more?