Natwest Share Discussion Threads

[chiefbrody] 22/3/2024 16:43

So if this wasn't a banking stock it could go all the way to £5!

[smurfy2001] 22/3/2024 16:36

P/E still 5!

[smurfy2001] 22/3/2024 10:19

RR. is in my portfolio and that's rocketed like a tech stock :-)

[barnes4] 22/3/2024 10:19

A nice phat divi

[netcurtains] 22/3/2024 10:15

Is this a tech stock?

[polar fox] 21/3/2024 14:56

Some uncertainty over rates. I've just reviewed 1-yr FR ISAs on moneyfacts; one top player has increased from 5.05 to 5.09 since noon, while another has gone the other way, 5.03 to 4.80. Plenty of that to come, especially so close to April 5/6.

[chiefbrody] 21/3/2024 14:44

Yeh can't see us cutting till the fed does. We should be after the fed anyway.

[polar fox] 21/3/2024 13:22

The talk is now all about "when will the MPC first cut?".

The MPC next meets May 9, a week after the Fed. Then June 20, again a week after the Fed. Then August 1, a day after the Fed. The majority here seem to regard June as favourite, but might that change if the Fed cuts in May?

[polar fox] 21/3/2024 12:02

So both the hikers have switched to unchanged, meaning the vote is 8 unchanged and one for a cut. A clear message there.

[smurfy2001] 21/3/2024 08:29

Just voted. Vote against scrip!

[chiefbrody] 20/3/2024 15:44

Yup. Allow more things to reset to a more natural interest rate. Of course, if it was not for the housing market Ponzi scheme, there wouldn't be the huge clamour for a rate cut. Best thing for the country would be umpteen years of flat/slowly falling house prices. Madness having so much wealth tied up in bricks and mortar whilst the rest of the country falls apart.

[smurfy2001] 20/3/2024 12:03

Hold those rates allow more mortgages to reset to higher rates.

[gcom2] 20/3/2024 11:30

I read somewhere that the sweet spot for banks is long term 2-3%, gives some stable nim and growth at same time

[polar fox] 20/3/2024 08:20

This sounds right for the time being:
The Times:

Hold rates for now, says Times shadow MPC

Experts vote 8-1 in favour of keeping the base rate stable, but signal that cut should not be far off.
unquote

[polar fox] 20/3/2024 07:15

Inflation drops a touch more than consensus.

CPI 3.4 vs 4.0 last month
Core 4.5 vs 5.1
RPI 4.5 vs 4.9 (in line with consensus)

Welcome news and a good start towards that elusive 2%. The Fed announcement is at 6.00pm and tomorrow the BoE can update its thoughts.

[gcom2] 19/3/2024 23:36

you have a short interest I presume otherwise why worry about a 0.10p movement

[polar fox] 19/3/2024 17:13

Not correct - the share price closed at 240p exactly, which is 0.10 down on yesterday's close.

[gcom2] 19/3/2024 16:47

Went up a bit in the auctionTo close over 240

[kiwi2007] 19/3/2024 10:01

Lloyds and Nat West HQ's are both 11 Downing St?

[polar fox] 19/3/2024 09:13

A TR-1 from BlackRock.
Very similar to MFS at 5.13%. Both of them buyers since those July 2023 holdings.

[johnwise] 19/3/2024 07:43

Communist China enjoying every moment watching the decline of a once great country UK to a Financial basket case with the growth of Food Banks and Charity Shops..
Sir james Goldsmith did warn you



Manufacturing in crisis with no growth on horizon

[skinny] 19/3/2024 06:30

The Government will be pleased to have £3B in the run up to an election.....

[maxk] 18/3/2024 23:38

Hold on a sec.

Surely taking cash and buying back shares, whilst reducing the share count, also reduces the cash count. No?

Where is the gain for the average shareholder?

[gcom2] 18/3/2024 21:35

Should be up 10% on that news.