Natwest Share Discussion Threads

[skinny] 06/4/2024 07:35

Its becoming more and more like a game of musical chairs - increasingly frenetic.

[polar fox] 06/4/2024 07:07

Bloomberg - storyline of article. We live in extraordinary times:

Tories Weigh Unity Cabinet Led by Mordaunt If Sunak Can’t Hang On After Local Elections

Premier faces moment of danger at local elections next month

Big losses for Conservatives could trigger internal challenge

unquote

Will they dare? We shall see after the votes are counted.

[johnwise] 05/4/2024 22:10

VIDEO

Governments Sleepwalking into Debt Trap with Alasdair Macleod

[gcom2] 05/4/2024 15:49

It's stopped for a rest today roll on 350p (35p)

[polar fox] 05/4/2024 11:45

HMT still selling like crazy - they must welcome the higher share price Now below 29%.

The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (28.90%), has been calculated following the disposal by HMT of 83,806,845 ordinary shares in NWG since its last TR-1 notification on 25 March 2024.
unquote

[netcurtains] 05/4/2024 08:26

chiefbrody: I think richer people tend to thing the 'sanctions' against the UK for Brexit are bigger than the sanction on Russia for invading Ukraine....
Hence people (globally) tending to avoid UK stock market... However this has created an opportunity for canny buyers to get good stocks cheap with great dividends...

[chiefbrody] 04/4/2024 20:58

Not sure if the government will go through with their tell Sid offer now. Do Labour have a position on this?Better maybe to just keep selling into this rise (as they have been doing).Probably always a tough sell anyway since we hate stock markets (in general) in this country. Apparently us Brits are still dumping UK shares and investing overseas (or in overpriced housing tat).

[cogs1] 04/4/2024 20:27

With the increase over recent weeks/months I'm at around my target price...that said, I'd appreciate any opinions/views about what the impending gov sell off will have on share price short/medium term. If the gov. are gonna sell at a discount won't the share price just drop to that level....if so why doesn't everyone who currently has shares sell now and buy back when the sell off happens. As a novice investor I'd appreciate any comments

[triktrak] 04/4/2024 19:57

Before the financial crisis in 2007/8, I believe most banks were valued at 1.5 times TNAV. So, today, that would equate to about £4 per share for Natwest. Maybe one day we'll get there.

[smurfy2001] 04/4/2024 18:46

delphiman, going on past buybacks, former.

[chiefbrody] 04/4/2024 16:46

Historically I recon 10 ish over here. Basically if the FTSE/UK wasn't a basket case, the likes of Lloyds/Natwest would probably have share prices nearly double where they are now. Maybe Labour can turn the sinking UK ship around. Lol.

[delphiman] 04/4/2024 16:01

I take it the PE ratio should be in the range of 8.5 for a bank normally

[delphiman] 04/4/2024 15:59

smurf, this 15% :-
I wasn't sure how to understand that, did it mean 15% of what was originally sold to the government so it makes the governments holding, 14.9% or does it mean 15% of the 29.9% they hold making only a total of 4.5% off the whole making it 25.4% the government would still have to get rid of.

[chiefbrody] 04/4/2024 14:37

And we're back where we were a year ago.

[smurfy2001] 04/4/2024 13:53

delphiman, you forgot the P/E of 5 and yield of 6.23% or the potential to buy back a whopping 15% from the government in 1 year.

[skinny] 04/4/2024 11:51

From earlier :-

[chiefbrody] 04/4/2024 11:19

PE of 4-5 the only way is up! Until they drag it down again.

[barnes4] 04/4/2024 09:59

Interest rates high = phat profit

[delphiman] 04/4/2024 09:38

Does anyone know why this is going up the way it is ?
is it because the government is pausing the tell sid, is it 20% increase in profits from 2022, is it because inflation has been coming down, Nigel Farage is still trying to cause trouble, I dont really see why that affected the price so badly last year.

[f56] 03/4/2024 20:15

Depends what you mean by worse. 20% inflation is worse than 10% inflation.

[fegger] 03/4/2024 15:46

Labour says Hold My Beer

[chiefbrody] 03/4/2024 12:36

Yup. Can't really do much worse.

[smurfy2001] 03/4/2024 11:29

Time for change.

[bonda67] 03/4/2024 08:30

true, but it sadly leaves us in the hands of Labour

[chiefbrody] 02/4/2024 21:15

Fully deserved.