Natwest Share Discussion Threads

[smithie6] 02/12/2023 19:43

Btw

Price up from 203p to 211p over last 3 trading days....steady trend line

:-)

....supposed to be a positive indicator I think, volume + increase in price

[smithie6] 01/12/2023 09:07

Dow Jones at ~35950

I didn't expect that a few weeks ago.

[smithie6] 01/12/2023 09:06

...numerous buy tips coming out of big finance houses

I assume they hold a lot of shares

.. I assume they will keep tipping NWG in the months ahead

[smithie6] 01/12/2023 09:03

I wonder if we will get to 210.0p today & stay above it ?

[polar fox] 30/11/2023 21:39

Notice that they've 'overlooked' issuing a Total Voting Rights RNS, which they are supposed to do on the last business day every month. What a hopeless bunch.
And if the algorithm bought some back today, that's another one.

[qantas] 30/11/2023 18:22

JPMorgan Cazenove upgraded NatWest on Thursday to 'overweight' from 'neutral' and lifted the price target to 280.0p from 230.0p as it took a look at European banks.

JPM said it remains bottom-up in its approach to European banks, and further shifts the portfolio away from short-rates driven net interest income (NII) geared banks as it believes we are at, or near, peak rates in key geographies.

The bank's house view is for no further hikes by the European Central Bank, Bank of England or Federal Reserve, but rate cuts starting with the Fed and ECB in H2 2024.

"Hence, we shift away from currently low deposit beta driven NII-geared banks and instead increase the quality bias of our portfolio by adding BBVA to current top picks UBS, ING and ISP," it said.

JPM also added NatWest to its 'top picks' portfolio, as it sees the stock materially undervalued at 4.8x price-to-earnings 2025E.

"While 4Q net interest margin could still be under pressure, we see this as largely discounted and in 2024/25 we are in line with consensus on NII," it said.

Please do your own research as always.

[polar fox] 30/11/2023 14:33

That's why the share price opened at 211.70, continued on up to 213.20 in a blink, whereupon there was a tsunami of selling, back down to 206 odd, all in less than an hour...

[skinny] 30/11/2023 10:19

JPMorgan raises NatWest to 'overweight' (neutral) - price target 280 (230) pence

[tim 3] 29/11/2023 18:35

Yeah where's that housing crash that was all over the media earlier this year!

[smurfy2001] 29/11/2023 14:02

Mortgage approvals rise for first time since June as housing market stabilises

[qantas] 28/11/2023 17:53

City firm argues Lloyds Bank shares worth at least 50% more


The base case on Barclays
BARC
0.16%

in today’s note is 235p, rising to 350p in an upside scenario. NatWest Group
NWG
0.15%

is rated “equal weight” and 260p, with a bull case of 440p should there be a stronger earnings recovery due to a resilient economy and higher terminal rates.



Please do your own research as always.

[polar fox] 27/11/2023 13:37

I see that Jamie Dimon is at the Investment Summit at Hampton Court, opened by Sunak.
What an opportunity to discuss NatWest and see whether there's any interest at all in that quarter.

[1224saj] 26/11/2023 16:56

Good article in todays Sunday Times, suggesting NWG is undervalued to its peers

[smurfy2001] 25/11/2023 14:22

Natwest in no hurry to finish the buyback.

[chiefbrody] 25/11/2023 06:10

That was then. This is now.

[svend2] 25/11/2023 00:42

Polar Fox > Maybe jo public might/should take a share of the flotation if the price/conditions are right just IMO. Why not?

[smithie6] 24/11/2023 22:05

Chiefbrody

...but didn't Santander buy a UK bank in order to establish itself in the UK ?

If so, it shows your post is wrong.

[polar fox] 24/11/2023 14:17

cb,

Given what Hunt said on Wednesday, if a big, well-managed US bank were to offer/negotiate around 250-275pps for the whole of the govt's holding, I suspect they would sell out pronto, with a public offer then for the remainder. Hunt would get loadsamoney and get rid of a pain in the backside.
But I doubt a buyer from any other country would be welcomed.

I think I now understand why Katie Murray sold over 600k shares last May at 274p!

In a sense, especially since the Q3, NatWest has become a low-hanging fruit of rare opportunity for the likes of JPMC and BoA and it's probably mostly a matter of whether there is any interest over there in such UK exposure.

[johnwise] 24/11/2023 13:59

How nearly £1m has gone 'missing' from NatWest Isa savings transfers

NatWest topped the cash Isa tables in the summer

Dozens of readers say their cash has disappeared

In total, £941,888 is missing - with some waiting up to four months for answers

[chiefbrody] 24/11/2023 12:38

Would the powers that be ever let a big UK be taken over. These days I think not.

[smithie6] 24/11/2023 10:33

...with the Govt reducing its stake

Then the overall company becomes worth more imo.
..it's value for example to other banks increases, as a possible takeover target. (No one wants to take over a bank where a Govt owns 35-40% & effectively controls it)

[gcom2] 24/11/2023 09:18

Should warn Sid about the 10% drops on reasonably good quarterlies?

[smurfy2001] 23/11/2023 14:44

Should you invest in NatWest if the Government offers cut-price shares?

Questor Autumn Statement special: the Chancellor plans a new ‘tell Sid’ share sale

[smithie6] 23/11/2023 08:54

Clocktower wrote
"The removal of the last CEO, through her own fault will in time come to be seen as very regrettable as she had done a good job."

I think you are perhaps the only person posting on here with that view !

--------

Businesses that have raised money from investors in order to exist should operate taking in to account those investors (who are risking their money); or should they operate for the personal social interests & charity interests of the "temporary" boss of the business ?

Alison Rose appears to have gone a bit native & devoted a lot of her work time to using the bank's own money & workers for social interests & charity interests. If she wanted to do that she should have applied to work for UNICEF, Barnardos or the Red Cross & not a major bank.

If she had not been removed due to breaking the regulations then I personally think that shareholders would have voted to remove her at the next AGM.

(....social obligations of businesses, imo the state receives a lot of tax from businesses & from taxes on workers' wages, it is the job of the state how they use that money & how much is used to help the needy & how much for defence, hospitals, schools etc. Imo it is "not" the job of listed businesses to be state soldiers, or teachers, or treat drug addicts or give out hot soup to the needy.

[qantas] 23/11/2023 08:33

Fun fact Boy

Hedge fund short sellers suffer $43bn of losses in market rally





Please do your own research as always