Natwest Share Discussion Threads

[johnwise] 28/8/2022 10:02

UK: Bring out Your Dead

Nearly three-quarters of state pension will be swallowed up by energy bills next year:

Pensioners face 'terrifying' winter as latest price cap predictions suggest annual gas and electricity fees could hit £7,000

[johnwise] 28/8/2022 08:09

Texas Blacklists BlackRock, UBS and Other Financial Firms Over Alleged Energy Boycotts

The move could lead state pensions and other public entities to sell shareholdings in those companies




Martin Lewis Issues a Stark Warning As He Calls For The Govt To Help With Energy Price Hikes | GMB
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VIDEO: How Fossil Fuels are Greening the Planet

[johnwise] 28/8/2022 08:05

VIDEO

Emmanuel Macron declares ‘end to the good life’ in France

[polar fox] 28/8/2022 07:50

Thanks for your replies.
Since I can't do anything else, I'm content to sit back and see what happens when the shares are marked ex-entitlement on Tuesday and dealings commence in the new Ordinaries AND how the chart is presented as a result.

[terry mardy] 27/8/2022 23:13

My thoughts are the same. The price should go up as the total number of shares have been reduced otherwise we all lose out.
Hopefully 3 pounds after the next interest rise. GLA

[ramlamb] 27/8/2022 22:24

polar fox, you seem to be forgetting the maths of the consolidation, there will be less shares in circulation on 30th August so the impact of the special dividend to the share price should be negligible.
If the share price falls as you suggest with a 14th less shares in circulation that is one hell of a hit to the stock value of NWG.

[polar fox] 27/8/2022 20:50

As we all know, when the market re-opens on Tuesday, NWG's share price will be marked down by the amount of the special, 16.8p, or thereabouts. It will immediately give rise to a bearish island reversal pattern - if you're not up to speed on that bit of TA, just google it and read the description by Investopedia.

In NWG's case, we have a gap up at the end of July, from 230p to an eventual close of 248.6p. On Tuesday, we're talking about a gap down from yesterday's 250.90p, perhaps to the 234-239 range?? That will leave all of August's trading as an 'island', separated on the bar chart by gaps at either end. That is very much a bearish signal, although how bearish will depend on the market's follow-through, or not, of course. The price action from Tuesday morning on will be worth close monitoring, therefore.

The Dow dropped over 1,000 pts yesterday, but NY will be trading as usual on Monday, so that will influence sentiment in London on Tuesday.

[polar fox] 25/8/2022 17:39

So the voting has ticked all the right boxes.
There is a gap on the chart at 237p at the end of last month and next Tuesday's XSD may just be sufficient to close it, not that it matters all that much, in the circumstances.
So it all comes down to whether 234.5pps fully compensates you for each of the shares being taken away, or not. I think that's right???

[smurfy2001] 25/8/2022 08:02

Dividend received (CFD)

[chachacha] 22/8/2022 18:14

Return of capital is NOT a dividend.

[smurfy2001] 20/8/2022 11:01

CFD broker told me the average share price of your holding will increase after the consolidation. So same as Aviva.

[polar fox] 17/8/2022 07:09

As well as CPI up to 10.1, RPI is up by 0.5 to 12.3, further adding to the cost of debt servicing.

[blackhorse23] 17/8/2022 00:04

LSE lender MCL operates 500% profit margin https://www.morsesclub.com/

[smurfy2001] 16/8/2022 16:07

Anyone receive anything from their CFD provider? I guess l need to chase.

[chiefbrody] 16/8/2022 15:29

Received an update yesterday re special div and share split. 14 into 13 shares and 16.8p div for every share held thereafter. Or something like that lol.

[smurfy2001] 11/8/2022 13:19

Slight reduction of the gov holding to 47.99% from 48.21%

[polar fox] 10/8/2022 07:34

I notice Quilter's Interims are out this morning - nothing particularly noteworthy that I can see.
If the MoS article of possible NWG takeover interest has any validity ??, then the bank now has up to date information to make a judgement/decision. I'm not holding my breath.

[maxk] 09/8/2022 15:15

It's the cheek of the thing smurfs.

[smurfy2001] 09/8/2022 15:09

Just go to an ATM at you local supermarket

[smurfy2001] 09/8/2022 13:03

They can't do that right now otherwise gov holding would exceed 50%.
I understand directed buy back cannot be done as it's per annum.
If the gov sold down their stake say another 5% NatWest could buy back and cancel like before taking care not to let the gov holding exceed 50%.
Benefit for new investors is a potentially higher "rebased" dividend.
Like Aviva's recent "special dividend" there might be an opportunity to buy back more shares than you originally held and take advantage of a potentially higher "rebased" dividend - it's something I'd be interested in doing if possible..

[pdriccio] 09/8/2022 12:54

Yeah, can't see any benefit for long term holders. Surely the priority should be to buy back and cancel HMG shares. Would be advantageous for both the Treasury and NWG.

[polar fox] 09/8/2022 12:18

PDR,

I came up with much the same - that is why I made the comment about shareholders who paid pounds per share years ago. I would not be best pleased if I were in that group!

[wm2020] 09/8/2022 11:25

@PolarFox, from a tax perspective it's a little different to the Aviva process as they went down the "Return of Capital B Share CGT" route while NWG are going down the "Special dividend income tax" route. Pity, as I would have preferred the CGT route.

[pdriccio] 09/8/2022 10:09

Is my calculations correct?NWG valuing our shares at 234.9pfor the capital return.Thanks