Natwest Share Discussion Threads

[delphiman] 27/7/2020 12:11

2019 profits was over 4Bn so 1.8Bn loss provision is already factored into the lower share price (compared to 2019 share price). What I don't understand is how share price was much higher 5 years ago when the company was making larges losses!

With p/e ratio of under 5 (lower than piers with lower bad debts), I expect things to improve in long term

[delphiman] 27/7/2020 12:11

Excerpt from the Times:

Britain’s big banks are set to reveal a £14 billion hit from the Covid-19 crisis.

City analysts have forecast that HSBC, Barclays, Lloyds Banking Group, Natwest Group — the new name for Royal Bank of Scotland — and Standard Chartered will be forced to book billions of pounds of impairment charges against their loan book when they post results for the first half of 2020 in the next two weeks.

HSBC may report bad debts of about $5.8 billion, Barclays £3.5 billion, Lloyds £2.8 billion, Natwest £1.8 billion and Standard Chartered $1.9 billion, according to analysts.

unquote

[delphiman] 27/7/2020 12:11

I can create a new bb but would prefer to get epic changed on the one.

[delphiman] 27/7/2020 11:47

Time for change, Time for a New thread
!! NOT A WATER COMPANY. !!

Should we really have changed the name in the middle of the Pandemic and lost the Chart history from most free stock websites and mobile phone's.

!! NOT A WATER COMPANY. !!

[portside1] 25/7/2020 06:35

Rose is turning out to be less than useless

[portside1] 25/7/2020 06:34

Contact for investors by e mail , you can not it does not except them ,

[smartypants] 23/7/2020 08:49

Good job they didn't name it NatSouth

[smartypants] 23/7/2020 08:27

Making a splash?
Sinking without a trace!

[gateside] 28/10/2011 23:32

My account with The Share Centre was credited today.

Thanks NWG... you will be missed.

[koolio] 28/10/2011 14:21

I did not receive NWG funds in my Barclays account today.

[leadersoffice] 14/10/2011 09:43

My thoughts exactely

Fairwell Northumbrian. Will miss the divideneds :)

[alan@bj] 14/10/2011 08:39

Goodbye Northumbrian. you've been a great investment.

[alan@bj] 05/10/2011 09:07

Agreed Gateside. Next formalities take place on the 11th, shares cancelled on the 14th, pay day on the 28th. It certainly is a lengthy process.

[gateside] 04/10/2011 19:23

NWG will be suspended from trading on 14th October, and payment in cash is expected to be around 28th October

[dave79] 04/10/2011 17:27

Would be nice to have some update, although there was comment in a sunday paper saying that it is near completion.

[leadersoffice] 04/10/2011 11:51

Does any1 know when we get the dosh???

[alan@bj] 15/8/2011 09:35

Thanks Blueliner. The comments don't tell us anything we don't already know, although they do reflect a genuinely fair opinion. I've considered selling my holding as well, but rightly or wrongly decided to hang on. Time will tell if that's been worthwhile, and maybe it hasn't been anyway because IF I'd cashed in, and IF I'd been brave enough to buy when the market crashed, I'm sure I could have made a better return as it bounced back. The announcement of the Scheme of Arrangement certainly doesn't guarantee that it will go ahead, but I think the institutions that have pledged holdings to CKI would strongly resist any attempt to renegotiate, and in any case I doubt CKI would want to. I think they see NWG as a solid long term investment. Only my opinion of course, which probably means they'll knock 50p a share off the price tomorrow!

[blueliner] 12/8/2011 17:48

Sorry for suspense. It was a poster on TMF, I've provided the link.

[beardmore] 11/8/2011 08:44

Touching concern for others, Blueliner, but as Alan@bj asks, where did you read that comment?

[alan@bj] 11/8/2011 08:41

Where did you read that comment Blueliner? How well-informed did it appear to be?

[blueliner] 10/8/2011 20:14

Just read a comment elsewhere, possible that the CKIH deal already struck before plunge in stock markets could be renegotiated. NWG shares have been completely immune to downturn. Can this happen?
Eitherway what happens: not really concerned as my small holding is certificated & not straightforward to sell off & reinvest in current bargains. In the meantime if aborted the dividends continue to roll in & the NE keeps its independant water utility.
Was thinking of others with larger holdings tempted to sell now.

[alan@bj] 10/8/2011 18:14

Re the takeover timescale, NWG have advised me as follows:-

"I can inform you that the Scheme Document will be posted to shareholders within the next two to three weeks and this document will outline the expected timescale. If the scheme of arrangement is approved at both the Court and General meetings, then expected completion will be some time during October."