Natwest Share Discussion Threads

[smurfy2001] 06/7/2022 19:31

Result announcements

Lloyds Half year results - 27 July 2022
Barclays H1 2022 Results - 28 July 2022
NatWest Group H1 Results 2022 - 29 Jul 2022

[smurfy2001] 06/7/2022 10:18

Could likely help explain recent weakness in bank shares.



The Bank moved to build up banks' emergency reserves by ordering them to increase the countercyclical capital buffer from 1pc to 2pc by next summer, locking up approximately £22bn more in a change that is likely to restrict lending.

[smurfy2001] 30/6/2022 19:54

Nice buyback today 8.5m shares. That's more like it.

[delphiman] 29/6/2022 10:29

Dont forget, at present, every day a certain percentage of the traded are the government selling, they said they would sell x% of the daily trade, so the Governments hold is getting less and less daily as well.

[smurfy2001] 28/6/2022 18:16

Pitiful buyback today.

[delphiman] 28/6/2022 13:19

hxxps://investors.natwestgroup.com/~/media/Files/R/RBS-IR-V2/q1-results-sell-side-update-transcirpt.pdf

Search BuyBack, they are discussing an In House Buy Back to be announced in February, this is great for the share price, less share's available in the public domain woohoo.

[smurfy2001] 28/6/2022 11:57

ECB to Activate First Line of Defense in Bond Market on Friday

Flexible PEPP operations can start as APP ends, Lagarde says

Officials are also working on a separate fragmentation tool



QE again?

[polar fox] 23/6/2022 21:32

"New Government-backed interest-free loan scheme to be rolled out across the UK from September – here’s how it works."

Full details on MSE.

[smurfy2001] 23/6/2022 16:48

Where you getting your returns then, i.e., dividend?

[polar fox] 23/6/2022 15:34

A lot of folk are getting excited today by the surge in interest payments on gov't debt and the resulting impact on PSNB, as per this morning's numbers. Here's why it happens and matters:

"Inflation lifts government borrowing costs because gilts linked to the retail price index make up 25 per cent of UK government debt."

It's why I have been noting the monthly RPI numbers. Think about it, suppose CPI does rise to around 11% in Q4. RPI jumped to 11.7% in May. By Q4, RPI might be above 13%. All these rising interest payments are steadily taking from the country's available resources, at an increasingly tricky time.

[johnwise] 23/6/2022 10:58

Sean Hannity discusses Biden’s disastrous policies that have left Americans massively suffering financially and how the admin’s response is to ‘settle for less’ on ‘Hannity.’

VIDEO.. Americans are suffering and it’s about to get worse:

[smurfy2001] 23/6/2022 10:45

Jefferies Financial Group Analysts Give Barclays (LON:BARC) a GBX 369 Price Target

Barclays (LON:BARC – Get Rating) has been given a GBX 369 ($4.52) target price by analysts at Jefferies Financial Group in a research report issued on Wednesday, Borsen Zeitung reports. Jefferies Financial Group’s price target indicates a potential upside of 130.37% from the company’s current price.

A number of other analysts have also weighed in on the stock. Credit Suisse Group set a GBX 245 ($3.00) price objective on shares of Barclays in a research note on Tuesday, May 24th. Morgan Stanley restated an “equal weight” rating on shares of Barclays in a report on Wednesday, May 11th. Deutsche Bank Aktiengesellschaft lowered their price objective on Barclays from GBX 230 ($2.82) to GBX 210 ($2.57) and set a “hold” rating on the stock in a research report on Monday, May 30th. Deutsche Bank Rese… set a GBX 210 ($2.57) price target on Barclays in a research note on Monday, May 30th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Barclays in a research report on Thursday, May 19th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Barclays has a consensus rating of “Moderate Buy” and an average price target of GBX 243.78 ($2.99).

[jordaggy] 22/6/2022 12:54

The UK government has extended the time period it will take to sell down the taxpayer’s stake in NatWest Group by another 12 months, as concerns over the global outlook weigh on the share prices of Britain’s biggest banks.

The Treasury said today that it will only sell its remaining 48.5% shareholding in NatWest “when it represents value for money to do so and market conditions allow”. It bailed out the bank, then known as Royal Bank of Scotland, during the financial crisis of 2007-9.

The trading plan, which was launched last August, has been extended until 11 August, 2023. All sales to date have been below the bailout price of 502p per share, which means losses for taxpayers.

So far around 703.5m shares have been sold through the trading plan, raising £1.6bn for the taxpayer.

[jordaggy] 22/6/2022 12:31

I guess the same metrics apply to Lloyds too...

[polar fox] 22/6/2022 12:03

ShareCast has this on Jefferies - the EPS projections look very promising:

The broker, which downgraded the lender to ‘hold’ in January, has upped its recommendation to ‘buy’. It also increased the price target to 359p from 246p.

Jefferies said: "The outlook for the level and transmission of rising interest rates has materially improved relative to our January downgrade: we project a base rate 75 basis point higher than where we had previously modelled, structural hedge balances have risen with swap rates providing a material tailwind, and banks have increased new mortgages rates by around 50bps since March."

It concluded: "We once again see asymmetric rewards for NatWest and believe consensus estimates fail to appreciate interest rate gearing in outer years…let alone the share price, which fails to appropriately reflect the 13% return on tangible equity we model for 2024.

"Further, we see £5.4bn of cumulative dividends and buybacks announced through 2024 - 23% of current market cap."

Jefferies is forecasting full-year earnings per share for NatWest of 24.5p, 33.7p and 40.8p for 2022, 2023 and 2024, up on earlier forecasts for 15.4p, 22.9p and 29.1p respectively.

As at 1045 BST, shares in NatWest were ahead 3% at 228.9p.

HM Treasury announced on Wednesday that it was extending the trading plan to sell down its 48.5% stake in NatWest by another 12 months, until August 2023. The government has already sold 703.5m shares under the scheme, raising £1.6bn.
unquote

[smurfy2001] 22/6/2022 09:52

* Jefferies upgrades British taxpayer-backed bank Natwest Group to "buy" from "hold", hikes PT to 359p from 246p

[blackhorse23] 22/6/2022 07:59

Selling today & buying MCL , excellent growth & 200 percentage returns stocks

[polar fox] 22/6/2022 07:54

UKGI RNS:

Extension to the trading plan in NatWest Group plc

UKGI today announces that it has agreed to extend the sale of part of Her Majesty's Treasury's ("HM Treasury") shareholding in NatWest Group plc (the "Company") under the trading plan announced on 22 July 2021 for a further twelve month term (the "Trading Plan"). Following the extension, the Trading Plan will now terminate no later than 11 August 2023 instead of 11 August 2022 (unless further extended).

The Trading Plan will continue to be managed by Morgan Stanley & Co. International plc ("Morgan Stanley"). Under the Trading Plan, Morgan Stanley will have full discretion to continue to effect a measured and orderly sell down of ordinary shares in the Company (the "Shares") on behalf of HM Treasury.

The Trading Plan will continue to include provisions that (a) HM Treasury's intention is that up to, but no more than, 15% of the aggregate total trading volume in the Company will be sold during the twelve month extension of the Trading Plan, and (b) Shares may not be sold under the Trading Plan below a price per Share that UKGI and HM Treasury determine represents fair value and delivers value for money for the taxpayer throughout the term of the Trading Plan. The actual number of Shares sold on any day under the Trading Plan will depend on market conditions, among other factors.

Since the Trading Plan was established, approximately 703.5 million Shares have been sold under it for proceeds of approximately £1.6 billion in total. HM Treasury currently owns 5,085,368,104 Shares, which represents approximately 48.5% of voting rights in the Company. HM Treasury's percentage of voting rights may increase if Shares are purchased by the Company under its ongoing share buyback programme. Any such increases will, however, be offset (in whole or in part) by any sale of Shares under the Trading Plan.

UKGI and HM Treasury will keep other disposal options open, including by way of directed buybacks and/or accelerated bookbuilds. The decision to extend the Trading Plan does not preclude HM Treasury from executing such other disposals that achieve value for money for taxpayers, including during the term of the Trading Plan.

Goldman Sachs International is acting as Privatisation Adviser to UKGI. Freshfields Bruckhaus Deringer LLP is acting as legal counsel to UKGI in respect of English and US law.

unquote

[polar fox] 22/6/2022 07:11

Although CPI is up only 0.1% to 9.1% for May, RPI has jumped from 11.1 to 11.7%.

[f56] 20/6/2022 20:33

The only thing that matters is the transfer of power from the west to the east. Short term gov. vs long term gov.

[smurfy2001] 20/6/2022 14:31

Bank of England will DITCH mortgage affordability tests: Could it help people borrow more or mean the return of irresponsible lending?

[polar fox] 17/6/2022 09:12

Pink100 has now crossed through the 200, reinforcing the bearish look. The share price probably needs to zip back up into the 230s and stay there to halt the trend.

[polar fox] 16/6/2022 12:03

Only 1/4%. £ slumps - the next strong support is around $1.15.

[johnwise] 16/6/2022 07:41

Once enough suckers have switched to electric cars and have fallen for the Government sales pitch of having a 'smart meter' installed in your home, the government will impose a massive fuel duty on the battery charging cycle which can be done automatically at the flick of a switch as the smart meter is made to differentiate between charging cycles and other electricity uses. They don't call them smart meters for nothing! Why do you think the government are pushing smart meters?

The smart meter overhaul that could lead to you being charged more for putting the kettle on, watching TV, or charging an electric car at peak times