Royal Bank Of Scotland Share Discussion Threads

[cfc1] 27/11/2017 16:39

where is this DoJ fine! Been dragging on for months now!

[raffles the gentleman thug] 27/11/2017 13:17

Hard to find better earnings trajectory in the U.K. at the moment. Forward EPS six months ago was 22.76p; three months ago 24.85p; one month ago 25.29p; and now 26.22p a share...

[smurfy2001] 27/11/2017 13:05

Bank stress tests: longer-term resilience of lenders to be revealed


Royal Bank of Scotland, which is still 70% taxpayer-owned, will be closely watched after it failed the stress test a year ago, and because it is being readied for privatisation by the chancellor, Philip Hammond.

In last week’s budget, the Treasury said it wanted to sell off £15bn of its stake in RBS, which is worth about two-thirds of the bank’s current value, even though this would leave taxpayers with a £26bn loss.

[raffles the gentleman thug] 24/11/2017 08:59

On assumption a clean RBS deserves to trade at a 10% premium to book, given its capital generation, then a share price at 272p with existing DoJ provisions of $3.7bn is already fully discounting a $11.6bn settlement bringing book value down from 298p to 247p. Shares a bargain imho

[smurfy2001] 22/11/2017 17:30

Government faces £26 billion loss on RBS shares as it announces plan to sell them off

The Government is dusting off plans to re-privatise taxpayer-backed Royal Bank of Scotland with the aim of selling £15bn of its shares by 2023.

It plans to restart share sales in RBS by the end of the 2018-19 financial year and sell off £3bn a year over five years - around two-thirds of its 72 per cent stake.

In the Budget Red Book, the Treasury said: "RBS has made significant progress on resolving its legacy issues and refocusing on serving British businesses and consumers.

[cfc1] 22/11/2017 17:29

cant see the DoJ fine happening this year....its less than a month of trading days left till xmas!

[raffles the gentleman thug] 22/11/2017 16:44

Exactly - let's see where the DoJ fine comes in and where the book value settles - if RBS remains at a discount by March then demand will be strong for Government holding. Bigger problem will be for LLOY imo

[cfc1] 22/11/2017 16:36

amazing how fast the wheels of gov't move!!! but they are probably thinkng the price will have significant risen by then. WOuld be daft to sell at this price!

[smartypants] 22/11/2017 16:11

Gov to start sale o its RBS holdings in March......2019
Expects to dispose of £15bn worth of shares.

[smurfy2001] 22/11/2017 14:40

Really can't get it's end up here uh hum

[raffles the gentleman thug] 22/11/2017 10:09

RBS shares just a little bit oversold now

[cfc1] 22/11/2017 09:49

Ive written to Ross McEwan again asking (politely) why are the DoJ talks dragging on when Lloyds bank completed their negotiations and fine in four months!

[cfc1] 22/11/2017 08:33

Equalibrium I doubt it. I do wonder where we are with this damn DoJ fine...its the last big hurdle - I thought we would have news by now!

[leedskier] 20/11/2017 17:41

Kate McCann, senior political correspondent

20 NOVEMBER 2017 • 5:16PM

Theresa May's policy chief has stepped down just days ahead of the Budget as he warned the party does not have a "coherent economic programme".

George Freeman called for Chairman Patrick McLoughlin to be replaced and demanded a major shake up to stop the Tories from becoming known as the party of "nostalgia, hard Brexit, austerity and lazy privilege".

He added that an "ambitious" programme of party reform was needed to reconnect with younger voters in the wake of the Tories' "ill-conceived" general election campaign.

[dope007] 20/11/2017 13:09

Political chaos in Germany over the weekend. As a result BTD because the Central banks will ensure you can't lose

[ramco] 20/11/2017 13:08

presumably the home office require translators to ensure proper registration? if however foreign nationals are doing the actual registration as the article alludes towards the end, then that would be surely laughable, not least the many implications that presents on transparent process and eligibility requirements to actually do so, not mentioned...

[cfc1] 20/11/2017 11:41

where is this damn DoJ fine! must be a big fight going on!

[dope007] 16/11/2017 09:54

At east the "bloodless" Zimbabwe coup was quick. the German bloodless coup of Europe has took 30 years

[maxk] 15/11/2017 19:57

Keep chipping away leeds, you never know.

[leedskier] 15/11/2017 18:52

I see there has been a bloodless coup. Surprising I thought these occasions were usually celebrated by heads being placed on spikes.

Perhaps the new President for Life Field Marshall Boris Johnson VC and Bar, wants to be sure that the Army has total control before dispatching his opponents to the Tower for summary execution.

The US Government was asked for advice by tourists present in the UK about what steps they should take to protect themselves. The reply was "Do not worry Boris is an American by birth and has tweeted the POTUS, that it is only the remainers named and shamed as enemies of the people in the Telegraph who are of interest to him. All Americans with the exception of Michael Bloomberg, are safe".

[cfc1] 15/11/2017 13:53

Dope 007 LOL!!!!

[dope007] 15/11/2017 13:46

Nick Clegg is a God!!!

[ramco] 14/11/2017 19:43

lols maxk as always your views with a deft maturity and humour are most witty..;)

PS EU financials currently are as wobbly as he is...;)

[maxk] 14/11/2017 18:46

Everything, but everything that's going wrong is down to brexit.

I know this to be true, Nick Clegg told us so.