Royal Bank Of Scotland Share Discussion Threads

[maxk] 06/3/2017 11:29

More on the Vauxhall deal.


Quote:

Finally, PSA gets a question about Britain’s exit from the European Union....

Q: What impact will Brexit have on this deal?

Carlos Tavares says that no-one knows how Brexit is going to unfold, but the key issue is the trade relationships that Britain has with Europe.



If you think deeply about the two scenarios -either it’s hard or soft.

If it’s a soft Brexit, then the focus is simply on performance - being competitive in the UK versus other countries. In that set-up, the cheaper pound could boost competitiveness.

If it is a hard Brexit - it will be “a very nice opportunity” to source more car parts from inside the UK, Tavares continues.

That would allow Vauxhall to record more of its costs in sterling, bringing them in line with revenues.

This means that the UK supplier base needs to be developed....something that the UK government “totally understands”, Tavares says.


Full story and updates here:

[leedskier] 06/3/2017 07:42

March 6 Britain's FTSE 100 index is seen opening down 12
points at 7,362 on Monday, according to financial bookmakers.

* STANDARD LIFE-ABERDEEN ASSET: Standard Life and Aberdeen Asset
Management, two of Scotland's most well-known financial firms, are in
talks over an 11 billion pound ($13.5 billion) tie-up to create Britain's
largest investment manager.
* SHAWBROOK: British bank Shawbrook Group Plc said on Friday it has
received a joint offer from two private equity firms to buy the lender less than
two years since it went public, in a deal worth 825 million pounds ($1 billion).

* DEUTSCHE BOERSE-LSE: Deutsche Boerse Chairman Joachim Faber has
put the blame for a failed tie-up with the London Stock Exchange on
Britain and its vote to leave the European Union.
* SAINSBURY: Sainsbury's, Britain's second largest supermarket
group, is to cut up to 400 jobs in a restructuring of its store operations, it
said on Friday.
* RIO TINTO: Rio Tinto and its partners are cutting output
and jobs at the Boyne aluminum smelter in Australia, adding to cuts announced in
January, it said on Friday, blaming a jump in power prices.
* ITV: The European Court of Justice ruled TVCatchup.com cannot offer ITV's
channels for free streaming online without the UK broadcaster's
permission, the Telegraph reported on Sunday. bit.ly/2mcjHa3
* OIL: Oil prices slipped in Asian trade on Monday, wiping out some of the
gains of the previous session amid ongoing concern over Russia's compliance with
a global deal to cut oil output.
* The UK blue chip index closed 0.1 percent lower at 7,374.26 points on
Friday, weighed down by a raft of disappointing earnings updates as well as
weakness in the mining sector.
* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:
Synthomer PLC Full Year 2016 Synthomer
PLC Earnings Release
Ultra Electronics Full Year 2016 Ultra
Holdings PLC Electronics Holdings PLC
Earnings Release
Devro PLC Full Year 2016 Devro PLC
Earnings Release
Abcam PLC Half Year 2017 Abcam PLC
Earnings Release
Informa PLC Full Year 2016 Informa PLC
Earnings Release

[polar fox] 06/3/2017 07:40

Keeping an eye on the peer group, Lloyds gets plenty of coverage in Standard Life's very long RNS detailing the Aberdeen merger. It results in SL 2/3rds and AAM 1/3rd of the combined group. Lloyds owns about 129m shares in AAM, arising from the Scottish Widows disposal in 2014 - about 10%. It's an all share merger, which will leave Lloyds as an important shareholder in the combined group. I doubt it will have much impact on Lloyds share price today.

[leedskier] 06/3/2017 06:23

The Asian geopolitical concerns being the North ~Koreans test firing missiles three of which landed in waters the Japanese consider to be part of their economic zone.

[leedskier] 06/3/2017 06:19

David Buik‏
@truemagic68


European opening may be affected by downbeat mood in NY on Friday and Asian geopolitical concerns - FTSE -7, DAX -41, CAC -17 courtesy if IG

[polar fox] 05/3/2017 12:58

For info, the Senate JC has confirmation hearings scheduled for Tuesday morning, for Rod Rosenstein as Deputy AG and Rachel Brand as Associate AG, respectively numbers 2 and 3 jobs in the DoJ. As I understand it, discussions with RBS are most unlikely to recommence until Rachel Brand, in particular, is behind her desk.

Bloomberg is reporting that the Dems are aiming to use these hearings to put pressure on Rep leaders to support a special prosecutor to investigate contacts between Trump's campaign, transition team and Russian intelligence agents - fat chance, IMO. Depending on the partisan grandstanding, therefore, we probably aren't too far away from seeing some action, finally.

[sux_2bu] 04/3/2017 15:48

What about this ppi debacle ball deap.......hopefully now the line is drawn in the sand the market will look forward, however....... now a dead line has been set, how many more will come forward to claim.

That may peg the rise. Although it's lloyds im invested in.

[ball deap] 03/3/2017 23:09

For those that are worried about their short trades, they needed to have taken notice of my wise words and closed them ages ago.The trend as I said months and months ago and from here on is Long. It's so obvious.

[gcom2] 03/3/2017 20:48

avatar, we have seen endless kitchen sinking and doom from mcewan over the years...
now both home and the cfo are sounding more upbeat. you disagree with that?

[polar fox] 03/3/2017 20:17

WSJ:

Federal Reserve Chairwoman Janet Yellen spoke at the Executives' Club of Chicago on Friday, where she signaled the central bank is likely to raise short-term interest rates at its March meeting.

Unquote

[avatar333] 03/3/2017 15:18

LOL

;

[cfc1] 03/3/2017 15:17

look...we've all been in this share price for years....the fines, major dramas, cases are coming to an end...so we WILL start to see this rise. Don't need to be a rock scientist to work that out!

[avatar333] 03/3/2017 14:57

'He seems optimistic going forward'

Would you expect him to be anything else, gcom2?

;

[smurfy2001] 03/3/2017 14:29

Yeah seen that video. One reason l bought a new position @ 239.13 in another portfolio.

[gcom2] 03/3/2017 14:08

A good interview, thanks. He seems optimistic going forward.

[leedskier] 03/3/2017 12:20

Watch the CFO of RBS, he discusses a timetable for a return to profit and dividends.

[cfc1] 03/3/2017 11:42

agreed Leeds...but we haven't even got to a divi yet! STOP painting a doom and gloom picture of the UK as it doesn't exist... we are a G7 country with fingers in many pies across the globe ....a trade deal with the US in the offing unless you people that made Trump rethink his visit persist. A TINY drop in PMI and other data doesn't constitute a collapse!!!
Just agree with my top three reasons that will drive RBS share price and then we can move on with stuff!

[leedskier] 03/3/2017 11:02

UK services contribute 78.4% (2014 est.)towards UK GDP. Weaker services, weaker GDP. Weaker GDP less spending. Less spending lower bank revenues. Lower bank revenues lower profits. Lower bank profits lower dividends.

[cfc1] 03/3/2017 10:47

you think I am wrong Leeds......you think PMI data et al are the MAJOR driving factors in the RBS SP?????? REALLY!!!
You don't think the DoJ, Divi and gov't sell off are the key three factors!

ANSWER that!!!

[leedskier] 03/3/2017 10:45

cfc1 I will add your post to the header so we can all admire and learn from it in the years ahead.

[leedskier] 03/3/2017 10:41

I do try to identify and flag up the issues which are likely to impact.

Take the housing issue ...

Allister Heath is deputy director of content and deputy editor at The Telegraph. He was formerly the editor of City A.M.

"Forget Brexit, Trump, mad equity valuations or any of the other things that our experts tell us to worry about: the biggest threat to the UK economy is our dysfunctional property market."