Natwest Share Discussion Threads

[johnwise] 02/6/2022 07:09

Torys..no more surrendering to the "green activists" global warming LIE, then ???


Why would Shell develop this field to be punished with another windfall tax? A crisis of the Government's own making


New gas field in North Sea finally given thumbs up by regulators in move Business Secretary Kwasi Kwarteng claims will 'protect energy security'

A new gas field in the North Sea has finally been given the thumbs up by regulators in a move Business Secretary Kwasi Kwarteng claimed will 'protect energy security'.

The Jackdaw field, east of Aberdeen, is owned by Shell and was originally licensed in 1970.

Last year the Government refused permission to develop it amid opposition from green activists who were pressuring ministers to reduce Britain's reliance on fossil fuels.



The evidence - global warming isn't happening..


Video: Mark Levin sussed the government scam
The truth about global warming



If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore



VIDEO: How Fossil Fuels are Greening the Planet

[blackhorse23] 27/5/2022 13:24

SP already at top , metro bank better value

[smurfy2001] 27/5/2022 12:28

Punched through the MAs

[gcom2] 27/5/2022 11:11

seems to be rising back up

[polar fox] 26/5/2022 17:35

Ten days ago, I posted about the death cross and the moving averages. I asked: "Will something come to the rescue and turn the share price back up in a meaningful way?".

Will today's unexpected package do the trick? Right now the MAs are either side of today's close. Definitely worth watching.

[polar fox] 26/5/2022 13:52

I'm a little surprised that the market hasn't moved SPs higher already - especially for the banks - after that huge gov't package was announced. Additionally, the Fed is indicating a 1% increase in the FF rate over June and July, which guarantees the BoE raising its rate. Maybe more time is required to digest everything??

ADD: Looking better by 3pm.

[action] 23/5/2022 11:13

Big mistake was their reckless expansions in 2007

[johnwise] 22/5/2022 23:51

Things are going to get real bad when those energy bills start rolling in...


Eat or Heat

Cost-of-living crisis sparks boom in 'first time' shoplifters with supermarket bosses saying theft levels are 'off the charts'

It comes as police have been advised to use discretion on those stealing food

[blackhorse23] 22/5/2022 23:31

Metro bank price hikes on the way

[smurfy2001] 21/5/2022 19:51

NatWest’s Sir Howard Davies: ‘I’m quite pessimistic. Brexit was a significant mistake’



Davies has been chair of NatWest for seven years and the turning point in the bank’s fortunes, he says, was paying a $4.9bn (£3.6bn) fine to the US authorities in 2018 for its role in the sub-prime mortgage crisis. Until that point, NatWest had been “scrambling behind the sofa” to find capital, but now it is in better financial shape than many comparable European banks and has been able to expand. It has, he says, been “a game of two halves”.

[blackhorse23] 19/5/2022 11:49

Just moved some money to metro bank , 24 billions deposit but mcap only 130 million, room for make money

[polar fox] 15/5/2022 10:10

1. Next Wednesday's inflation numbers

We've got some consensus numbers at last. Both CPI and RPI are pencilled in to rise by 2.1% - unusual that - from 7 to 9.1% and from 9 to 11.1% respectively. Shocking increases, but remember, in the New Year, Investec calculated that a rise in the cap of around £700 - as happened - would add 1.8% to April's inflation number.

Whether the gov't 'leans on' the ONS to produce numbers just below 9 and 11 remains to be seen. In that regard, for example, Trading Economics are at 8.9% and 10.8% respectively.

As usual the BBC will devote the whole of Wednesday to repeatedly telling everyone how much worse the cost of living is becoming, even before next October's further
30-40% increase in Ofgem's cap. The pressure on the BoE to raise their rate in
mid-June and late July, as the Fed is expected to do, will only increase.

2. The death cross on the 2-yr chart is becoming more obvious by the day. Now another little frisson of concern - the pink 100 looks like it may just be beginning to roll over i.e. follow green 50 down. If that continues in the weeks ahead and it crosses the black 200 too, well, by then the share price will be below 200p. Will something come to the rescue and turn the share price back up in a meaningful way? Or, for example, did a recession start in March, when GDP dropped a tenth? Much to ponder, including at the personal/family level.

[suetballs] 11/5/2022 22:06

This volatility will be with us for some time to come. Hang on to your hats.
Suet

[polar fox] 11/5/2022 21:27

The DOW has finished 326 points down, with NY fearful of the Fed's reaction to the poor inflation data.
FTSE is around 90 down atm from today's close, on IG.

[polar fox] 11/5/2022 13:37

US CPI 8.3 vs 8.5, above consensus of 8.1. NY isn't happy, selling off on IG.

Next Wednesday for the UK latest. Trading Economics has 8.9 pencilled in compared with 7.0 last month. Seems a bit high to me, but we'll see.

[polar fox] 09/5/2022 11:24

Sky and the BBC seem to think Morrisons have won. Looks like the banks will be fine:

Excerpts from the BBC

No formal announcement has been made but it is understood that Morrisons has secured the winning bid.

AND

Key to securing the winning bid has been a willingness to repay McColl's banks around £170m, as well as taking on responsibility for the company's pension scheme which has 2,000 members.
unquote

[polar fox] 06/5/2022 20:52

ITV reported this evening that NatWest is one of the three main lenders to McColl's, the others being HSBC and Barclays. About £170m in all apparently, nothing special.
It looks like the Issa brothers (Asda) may be about to get everyone off the hook by expanding their retail empire.

[smurfy2001] 05/5/2022 15:01

I suspect the last 2 paragraphs are why financial stocks are down.

[tfergi] 05/5/2022 13:34

I thought rising interest rates were a bonus for banks !?

[polar fox] 05/5/2022 13:08

NWG, LLOY and cable selling off, presumably because of the BoE's ugly forecasts for the economy and inflation.
I would just like to point out that the death cross remains on the chart above and the obvious opportunities for the share price to rally seem to me to have passed for the time being.

[smurfy2001] 04/5/2022 15:03

Got my dividend, lovely.

[johnwise] 04/5/2022 07:23

Bank of England to focus on financial resilience to climate change, says policymaker




You must not release true information like this below because it will prove the lies we have been fed by Bank of England and governments that need the excuse to hammer us with their "Green Taxes" and blight the country with their inefficient wind turbines!!

Video: Mark Levin sussed the government scam
The truth about global warming


VIDEO: A Dearth of Carbon Dr. Patrick Moore


VIDEO: How Fossil Fuels are Greening the Planet


VIDEO: Bill Gates Slams Unreliable Wind and Solar Energy


VIDEO: European Parliament Told 'There is No Climate Emergency!'


Global warming a total “hoax and scam” run by corrupt scientists, warns Greenpeace co-founder


Exposed: How world leaders were duped into investing billions over manipulated global warming data

[smurfy2001] 03/5/2022 18:54

NatWest chief: 'No obvious signs of distress but mindful of cost of living'