Natwest Share Discussion Threads

[london07] 17/2/2023 10:10

A total gift this morning at nearly 10% down. 10p dividend to come, that's 3.5% there, £5.1 billion profit, £800m share buyback. Will be back over £3 in a flash. All stop losses hit, city boys must have massively topped up their bonuses today!

[smurfy2001] 17/2/2023 09:29

Maybe try and get the directed buyback at a cheaper price who knows??

[gbh2] 17/2/2023 09:08

I figured it was time to take a few of these, in just under 289p/share.

[gcom2] 17/2/2023 09:07

got another 3000 they wont keep this down long with divi+outlook+buybacks
recovery stock.

[vauch] 17/2/2023 08:53

So it is better to put out a massive loss to get the share price up.
All banks are now stress tested so not the same as last time

[careful] 17/2/2023 08:38

9 basis points impairments on customer loans seems too optimistic.
Who do they think they are kidding?

Impairments are always a worry for banks.

We all remember when 'Fred the shred' Goodwin announced a record £10bn profit before the crash.
He forgot to include at least £50bn of impairments on dodgy MBS assets.

[bigfish1] 17/2/2023 08:33

Can someone explain WHEN all these shares were sold? Natwest appeared to open 9% down after the first auction. When were the orders made? Is this computer algorithms gone crazy? At one point I was briefly quoted 351 as a price at about 8.05. I considered selling but was sure I wouldn't get it. I wonder if so many automated sales tried to pile in at once that it crashed the system? Why is LLoyds down too?

[delphiman] 17/2/2023 08:32

There is no real bad news for banks at the minute, and it takes 3-5 years even 10 years for people to come out from there fixed rate mortgages so lots of people wont even feel the rate rises for a few years yet as well. It stops the house buyer, which stops the house market and the seller gets less but if your just living and not buying or selling which the majority are then the rate change isn't going to cause an issue for years yet.

[delphiman] 17/2/2023 08:28

I've seen that before as well London07 :)

[london07] 17/2/2023 08:23

Don't be surprised with a blue finish!

[skinny] 17/2/2023 08:22

Agreed - a small bite for me as we're back to the 50dma.

[polar fox] 17/2/2023 08:20

Look at the chart - a rise of a pound or so in recent months was overdue a correction.
Sell the news does the trick in the S/T.

[delphiman] 17/2/2023 08:19

and then you have the FTSE acting on it as its a 100 company, I look at the FTSE as wind, and since the FTSE is down the wind is blowing down so down is easy up is head wind at the minute

[skinny] 17/2/2023 08:19

Answers on a postcard :-

[delphiman] 17/2/2023 08:17

Barclays is down 4.25% today as NatWest is currently down 8.8%

when you get a movement on a bank it tends to affect the banking sector as a whole so you see other bank share prices fall because of the sector

[gcom2] 17/2/2023 08:15

Seems they had programmed in a 10% drop before result were known. Embarrassing.

[tfergi] 17/2/2023 08:15

it's the same drop as Barclays which were rubbish ? Can't think what warrants 10%?

[delphiman] 17/2/2023 08:14

yes definitely a buying opportunity if you have some spare cash

[delphiman] 17/2/2023 08:13

same as if you have bad results but the market expects even worse it will go up. so your expectation is the pivotal issue

[delphiman] 17/2/2023 08:12

it goes down if there isnt above market expectation results usually, but it does recover so dont fret, plus a 10p dividend and more interest rates hikes = more profits so it just means you not getting the new tv today but next month probably.

[dope007] 17/2/2023 08:12

WTF? I hold none but tempted

[smurfy2001] 17/2/2023 08:08

Let's see where this goes then l buy for trading.

Similar pattern to Barclays, huge drop.

[skinny] 17/2/2023 08:07

A good job the figures weren't bad 🙄