Natwest Share Discussion Threads

[xxxxxy] 09/2/2024 06:01

NatWest has hired a sustainability banker and diversity champion to run its private bank Coutts after its chief executive was ousted in the aftermath of the Nigel Farage debanking scandal.Emma Crystal, who leads UBS' sustainable finance unit, will become chief executive of NatWest's wealth management division, which includes Coutts, later this summer.Ms Crystal, who was also an executive sponsor of UBS's LGBT & Ally network in Switzerland, will also sit on NatWest's executive management committee.... Daily Telegraph

[smurfy2001] 08/2/2024 19:49

We will find out on results day what the impact is until then all speculation.

[action] 08/2/2024 11:39

Wait for results due this month .

[action] 08/2/2024 11:37

To start with us style stamp duty please. LOL.

[action] 08/2/2024 11:34

Result on 16th feb24

[gcom2] 07/2/2024 21:41

Meanwhile JPM valued over half a trillion now

[smurfy2001] 07/2/2024 18:50

Thatcher's favourite ad men hired for NatWest retail share sale

[smurfy2001] 07/2/2024 16:03

How public sale of NatWest could spark a wider share boom



The CPS wants tax changes to encourage more people to become retail share investors, as well as fewer regulatory warnings, improved access to investment advice and the amalgamation of cash and share Isas.

[petersinthemarket] 06/2/2024 17:17

Thanks for the analyst estimates of 280/330p. We will have to wait to see whether the share price reaches that dizzy height. Whatever share price it does reach, I assume the summer sale will be at a discount to the current share price in order to attract buyers. In which case, why are we all still here? Wouldn't it be better for most to sell up now and wait to get back in on the eventual sale, if it proves to be attractive enough?

[smurfy2001] 06/2/2024 14:57

NatWest share sale could be in June at the ‘very earliest’, Government group says

[gcom2] 06/2/2024 14:42

I cannot find any analyst with a target under 280 on this. General consensus is around 330

[petersinthemarket] 06/2/2024 13:59

Any guesses on the eventual offer price?
Current share price not looking too distressed.

[polar fox] 06/2/2024 13:00

Snippets from the BBC:

The sale of shares in NatWest to the general public could happen as early as June, UK Government Investments (UKGI) has confirmed.

and

On Tuesday, Holger Vieten, who is in charge of selling the government's shares in NatWest, told MPs on the Treasury Select Committee that the process "potentially could happen" as early as June.

"The very earliest could be around summer time, but we don't have an exact date," the UKGI director said.

and

Mr Vieten said UKGI had hired advisers, including legal and banking experts, to work out options for a share sale before a proposal would be presented to ministers to decide on.

He said there were several "windows" for a retail offer, but added the company had not come to any firm conclusions.

"It's very much a work in progress," he said.

unquote

[smurfy2001] 05/2/2024 22:37

Looks like the buyback is getting meatier (l guess in order to wrap up) as we start to approach the results.

[action] 05/2/2024 19:00

Natwest will kick start the reporting season on 16th of Feb24

[polar fox] 05/2/2024 11:54

The TR-1s are coming thick and fast! This one achieves the 35% 'target' that I posted about a few weeks ago and leaves time for another one, or even two, by March 6. The gov't is truly desperate, as it continues to demonstrate by its actions. "Country before party" - you've got to be kidding, not this shower.

Quote
The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (34.96%), has been calculated following the disposal by HMT of 97,917,196 ordinary shares in NWG since its last TR-1 notification on 22 January 2024.
unquote

[smurfy2001] 04/2/2024 20:41

I'm a fund manager and here's why I back big banks Barclays and NatWest

UK banks are predicted to have a difficult time in 2024 as interest rates fall
Interest rates falling means profit margins will be squeezed

The stocks are trading at low valuations and offer well-covered dividend yields

[johnwise] 04/2/2024 15:40

VIDEO

IN FULL: Rachel Reeves gives keynote speech at Labour Business Conference

[polar fox] 04/2/2024 09:02

The ST has another NatWest story, behind the paywall as usual.
Here's the title:

NatWest share sale targets 2 million ordinary investors
unquote

With the help of a calculator, you can get to quite a large number of shares, depending on what assumptions you make about average shareholding size and such like.
What are we supposed to expect? - a massive offering priced somewhere below 200p to make sure it's a success? That might explain the sharp sell-off from Wednesday's 229.10 high - sell above 225 or so and buy back cheaper a few months hence.

Clearly, this gov't, desperate as it is for cash from any source ahead of the GE, doesn't much care about the eventual sale price and resulting taxpayer loss.

[gcom2] 02/2/2024 20:51

So Jeremy met bank bosses on tuesday about making the share price go up. basically it has stayed the same since, what will Sid think

[polar fox] 01/2/2024 20:50

The latest monthly MRP Regression polling is out, sampling 16,080 last month. The potted summary reads as follows:

Labour's lead strengthened to around 20pc over the Conservatives in January, and they have also edged ahead of the SNP in Scotland. And Reform UK have overtaken the Liberal Democrats to be the third most popular GB party. But Reform are not yet likely to win any seats, and Labour is set for a landslide majority.
unquote
Prediction:
LAB 453 CON 126 LD 31 SNP 18 Ref 10.4%

On NWG, yesterday the share price topped at 229.10 and today traded down to a low of 219.80, just before the close. Quite a drop and you have to wonder whether that will turn out to be the uptrend (from October) high ahead of any share sale announcement...only five weeks to go to the Budget.

[polar fox] 31/1/2024 21:17

Well, the answer is that the DOW has closed down 317 @ 38150, after Powell dimmed hopes for a March rate cut. (May more likely). Ditto for the BoE probably, even June.

[polar fox] 31/1/2024 17:21

A lot of selling in the auctions - if you look at the charts above, most of them have a closing spike down. We'll probably find out why in the next 24 hrs, as the FOMC and MPC meet.

[skinny] 30/1/2024 10:15

227.30p is the 3+ month high.