Natwest Share Discussion Threads

[keifer_1] 06/12/2021 17:25

Market is going mental, is this volatility the start of a market crash ?

[delphiman] 06/12/2021 15:13

So all the news is reporting Omicron is spreading like wild fire, none of them are reporting people are dropping down dead all over, so this is all just fine, its proving it is mild, if its mild you don't need a vaccine for it even. Holocaust over, and each variant will be weaker.

Deadly viruses kill the patient and therefor kills itself, mild viruses live to spread, this is exactly what you would expect.

All looking good to me at the minute.

[delphiman] 01/12/2021 08:15

speaking to a friend last night as she is a nurse, she was telling me that, because the symptoms of omicron where mild, any further mutations of it would be even milder.

[delphiman] 30/11/2021 16:27

No-one is calling it the tax payers owned bank anymore are they, so I wonder who in the media has been paid to get the down low on that to happen.

[delphiman] 30/11/2021 16:17

and another prediction come true is university fee's, you dont have to pay them back until you earn over £20K I said minimum wage will be at 20K soon and everyone will have to pay it back, we are nearly there on that to.
this government gave us a 11% increase on our National insurance and got away with saying 1.25%, this government thinks we are idiots, we do see what the left hand is doing while the right hand is moving.

[delphiman] 30/11/2021 16:11

woo hooo :) "Barclays have completed their buy back yesterday." I wonder how well NWG is doing on becoming none government owned,
Hey anyone seen any money from the government since they used our money to buy this dont you all think we should have a pay-out and tax reductions as there is more money in this bank than the cost of the pandemic.
Also 4% inflation hm anyone seen 95% price hikes, I wish it was only 4% price hikes.

[smurfy2001] 30/11/2021 12:31

Barclays have completed their buy back yesterday.

[delphiman] 30/11/2021 10:59

we wont be having another lockdown, the BBC news reported they expect the new vaccine to beat omicron to be available in January so it just wont happen and the new omicron which is more infectious is also a lot milder so that's the sting taken out of the tail.
The only thing the government is bothered about is hospital figures and they are lower, we are no-way near capacity so another lockdown will not happen.

[polar fox] 29/11/2021 21:03

Buyback

Using ballpark pricing, it looks to me that UBS are past £600m and tomorrow will mark four months. If things stay much as they are, they can probably knock the balance off before Christmas, if that's what they have in mind - for example, they've done around £30m these past two days alone.

[smurfy2001] 26/11/2021 12:28

It's good the gov are acting swiftly in the hope we avoid another lockdown.

[delphiman] 26/11/2021 09:22

At least we already have a vaccine and we tweak the vaccine as the virus mutates and we do expect the virus to mutate so now we are on top of it, it should not really be an issue, Think this once again is more scare mongering to buy peoples shares on the cheap, they must not have completed there shorts and turned them into longs so they are giving it loads on hints of bad news, probably best to buy buy buy and burn them. We need another reddit lol.

[delphiman] 26/11/2021 08:44

I personally don't think there will be an interest rate rise this year, Plus the new covid variant is a little unknow at the moment, it might pan out to be nothing much to worry about but until more is know about it they will probably not want to rock the boat.

[polar fox] 17/11/2021 15:36

Some of you may recall my commentary, several years ago, after the Antipodeans decided to close my town's NatWest branch, before they both moved on. The premises have been available to buy or rent ever since, along with more than a thousand other sites closed by RBS/NWG.

Well, a couple of months ago, the premises were converted to one of those new Climate Hubs, which are multiplying across the land. It is populated by mostly hippy types - long, unwashed hair etc, secondhand clothing by appearances, could be some homeless folk. I'm already pretending it doesn't exist.

Just along the road, Barclays has recently closed its branch. Now Lloyds will be closing its branch early next year. We are a town of 30,000 odd, affluent part of the region, south of the M4. The town is becoming distinctly underbanked, although HSBC, Santander, Nationwide and the Halifax are still present, offering full service.

I suspect all this is fairly typical across the UK these days. Fortunately, Sin City (100,000 plus) is only a half hour away and it has branches covering all my current accounts. Life goes on, but food in the supermarkets isn't the only thing becoming scarcer!

[smartie6] 17/11/2021 07:33

Going to be interesting over the next 20days to see banking share prices rise as all and sundry jump in again, no?
DYOR

[smartie6] 17/11/2021 07:31

Polar fox, that decision by the BoE in November looks highly questionable now doesn’t it?
I’d love to know whether there was any government influence even though the BoE should act alone.
Harder and faster interest rate rises?
DYOR

[polar fox] 17/11/2021 07:05

4.2% and 6.0% - even worse than expected. Now the fun and games begins - I would say the odds of a rate rise next month have just shortened.

[polar fox] 16/11/2021 13:39

Inflation tomorrow....FXStreet have finally got round to consensus forecasts on their economic calendar, which I refer to heavily every day.
They have CPI rising sharply from 3.1 to 3.9. RPI goes up from 4.9 to 5.7. If that more or less happens, everyone's going to get very excited about whether Bailey will finally have the balls on Dec.16 to go to 0.25%. Some think he will delay until February.

Mid-December will be crucial. Employment stats again on the 14th, inflation again on the 15th, the Fed announcement on the 15th - unchanged FF rate probably - then the MPC on the 16th.

Should be a very interesting run-up to Christmas.

[polar fox] 10/11/2021 13:39

Horrid CPI in NY - y/y up from 5.4% to 6.2%. I'm expecting a similar shock over here next Wednesday. If it happens, expect the media to go mad for a higher rate move at the Dec.16 MPC.

ADD: Media says it's a 31-yr high.

The Fed meets on Dec.14-15.

[johnwise] 06/11/2021 21:23

VIDEO

Jim Rickards: The Collapse Of Confidence In Central Bank

[polar fox] 05/11/2021 21:03

UBS have changed up a gear - a record 7,809,519 today and a record 31.395m for the week. I estimate they're now about 2/3rds of the way along, in just over three months.

When they handled one of the buybacks for Lloyds, pre-Covid, they accelerated in the second half in much the same way, regularly buying 50-60m per day. They probably have a pre-Christmas target date in mind and are going for it, as circumstances permit.

I listened to Bailey on the Today programme this morning. Not impressed at all - he was out of his depth at the FCA and even more so at the BoE, IMO. As I posted before, I can see CPI shooting up on the 17th, probably followed by more on Dec.15. The very next day, the MPC meets again, a week before Christmas. A real opportunity missed yesterday, just to add 15bps. What a sad situation; and an untrustworthy, incompetent, serial liar in No.10 at the same time. Heaven help the country!

[delphiman] 04/11/2021 13:42

so today is the same as yesterday for interest rates but apparently it means the world to the share price, cant see it as been anything more than a whim to make a movement rather than been a real reason to, market makers are such commission scaremongering people anything to get a trade moving and a commission been taken.

[polar fox] 04/11/2021 12:02

Unchanged. After last night's comments from the Fed, I suspected that Bailey wouldn't have the balls.