Natwest Share Discussion Threads

[arja] 20/2/2021 19:37

neither have I Crazi BUT there are no MMs in this stock I think as I never see them on the level 2 tickets when placing my order direct into the market .
Chart suggests 190 is now a minimum target but might retrace a few pence on monday after late selloff in USA .

[crazi] 19/2/2021 14:06

I haven't touched AIM stocks now for donkeys years.

[netcurtains] 19/2/2021 13:52

Crazi: For me I tend to find everything is like AIM stocks apart from AIM stocks (Which for me, do nothing apart from go down).

[crazi] 19/2/2021 13:49

I have made a lot of money on NWG and as it's a relatively low day volume stock these MM's can swing the price on any given day by 5% which is a lot for a bank. They can manipulate it at will and treat it like an AIM stock (same as Lloyds).

I think I have missed this round as I'm not chasing it... want to see where the new trading range falls.

Next time :-)

[arja] 19/2/2021 13:17

this might have helped .

Fitch Affirms NatWest's Covered Bonds at 'AAA'; Outlook Stable
2021-02-19 12:05:21

[arja] 19/2/2021 13:15

crazi,
the thing is that NWG is not a MM type AIM stock even though all stocks can be manipulated by the big players of course

[netcurtains] 19/2/2021 13:00

Rise something to do with Irish Loans?

[netcurtains] 19/2/2021 12:52

I guess a lot hangs on what the Sunday Times says over the weekend (and the other broadsheets).
What have CITY AM said?

[gcom2] 19/2/2021 12:33

me too, trade deal was sorted wasnt itthat was a right drag here for over 3 years

[smurfy2001] 19/2/2021 12:23

Thoughts are the lockdown will be lifting soon and hopefully it will be the final lockdown. Brexit is done.

I'm therefore bullish on 2021.

[crazi] 19/2/2021 12:20

I'm not sure how to take todays trading.

Yesterday Barclays did much better than expected and the price crashed...

NWG Market expected £300M profit and it was £700M loss... price has risen

I'm not buying back just yet. I'm not sure if these MM's are sucking people in and then do another fall again back to mid/lower 160 to 165 region.

These MM's may want to give out one more kick in the teeth before pushing up the trading range...

Thoughts?

[smurfy2001] 19/2/2021 08:47

Onwards and upwards. Disappointing dividend though.

[arja] 19/2/2021 08:22

god start but now market has had second thoughts it seems !

[crazi] 19/2/2021 07:58

Some Analysts were expecting an 11p dividend. So again not sure how they will take 3p??? Better than Barclays but not even close to 11p....

[crazi] 19/2/2021 07:39

Market was expecting a "£300M profit". So which figure will they look at?
The Loss reported for the year (after impairments) or the profit (before impairments)... ???


Our attributable loss of GBP753 million for 2020 reflects an impairment charge of GBP3.2 billion, a significant proportion of this impairment charge relates to potential future loan losses under IFRS 9. We continue to experience relatively low levels of actual default in our lending book, which is well diversified with limited exposure to unsecured loans. Before impairments, NatWest Group made an operating profit of GBP2.9 billion.

[arja] 19/2/2021 07:38

smurfy,
dividends will not make up for loss of capital if chart goes into a dontrend again. At the crossroads at the moment . Not sure the market will like the results but we will
know in 20 minutes !

[longwell] 19/2/2021 07:29

No buybacks as buying 4.99% of bank back from gov.Max allowed in 12mth period.

[polar fox] 19/2/2021 07:26

What a financial landscape! - reminds me of Mars.

Pleased to see a more orthodox approach to shareholders than yesterday's poor effort from Barclays. The 3p is payable on May 4. No mention of buybacks that I can see.

You have to wish management good luck dealing with all the challenges....

[chiefbrody] 19/2/2021 07:24

Aye. Rubbish.

[ttny2004] 19/2/2021 07:23

3p dividend equates to1.75%

[chiefbrody] 19/2/2021 07:20

3p Div. Meh.

[smurfy2001] 18/2/2021 22:53

arja, I'll take the dividends and long term grown.

[simmsc] 18/2/2021 21:37

Crazi, i sometimes watch my own trades go though (and watch for what colours come up (red for sell, blue for buy) and they are often wrong). Don't pay too much attention to the red\blue sell\buy analysis.