Natwest Share Discussion Threads

[amaretto1] 31/7/2020 07:15

Not bad .. in-line with sector Money set aside again

[growthpotential] 31/7/2020 00:48

Down over 50% in this, anyone else in same boat lol? Glad this isn't a core holding of mine as although I appreciate it might be for others

[buywell3] 30/7/2020 21:30

When thinking of pressing the buy button --- get the sector right

Look at advfn front page re top and bottom performing sectors

And think about the future

[tfergi] 30/7/2020 10:47

2nd quarter update

[7rademark] 30/7/2020 10:05

Are earnings or lack of them reported tomorrow?

[tfergi] 30/7/2020 08:20

Looks like the markets are planning for another rubbish day for RBS tomorrow. Sorry I mean NatWest.... name change no performance change.....

[delphiman] 27/7/2020 12:32

What about the recovery?
As the lockdown is eased, the economy should start to bounce back. Families can do more shopping. Factories can fire up production and building sites get back to work. Some are already trying to restart some work when they can adapt to suit social distancing rules.

It will not necessarily be easy, but growth should return in the third quarter. That means the recession will be short but severe.

It will probably take longer for the economy to recover to its previous size, however.

For the year as a whole, NIESR estimates GDP will fall by 7.2pc in the UK – larger than any rich nation bar Italy.

The deeper fall in the UK means NIESR anticipates a bigger rebound in 2021, as GDP is restored to its pre-virus level by the end of 2021. The projected 6.8pc surge next year is the biggest in the rich world

[delphiman] 27/7/2020 12:31

Financial services are hit very modestly with output due to fall by 5pc, as most of their work can be done remotely.

[delphiman] 27/7/2020 12:20

lol this thread, is for the Northumbrian water company and now people are posting RBS now the new NatWest Group PLC details into it lol

[delphiman] 27/7/2020 12:13

Dicey thing changing the name whilst its down in price, sort of stops people realising its a bargain and deletes the history of the stock in a lot of free platforms and iPhone's etc, Not a good move in my opinion.

[delphiman] 27/7/2020 12:12

smurfy2001

the money he lost so fast was $100.

when I've traded for 100,000 shares thats just a one spot move, if your complaining at $100 then perhaps he should not have gone into the share market at all, as you need to trade a serious amount of money to be able to make the buy in and sell out or vise versa along with the spread percentage to equate to been like pennies on your investment.

£10 in and £10 out and the spread on £100 equates to needing at least £25 percent of a rise to break even.

I had to laugh when I saw some one say I turned my £5 into £100, really, she actually managed to invest £5, would the fees be more than that and she reaped a 2000% profit during corona lol has there actually been a company that has had a 20 fold share price increase during corona im not sure even the corona virus antidote manufacturing companies have achieved that multiplication.
Think they are trying to frighten public investors so its left to the big boys to control

[delphiman] 27/7/2020 12:12

buywell327 Jul '20 - 08:51 - 156720 of 156722
0 0 0
Reality is a word
That sometimes hurts

buywell AD 2020

[delphiman] 27/7/2020 12:12

Newbie investors: 'I didn't know I'd lose money so fast'

[delphiman] 27/7/2020 12:12

Look at US bank shares like Bank of America they too fell prior to results week but then rose sharply afterwards. NatWest has relatively low credit card base and business loan defaults are covered by government.
Also cost cutting is good for the bottom line and share price.
Happy to hold these shares when over 60% still govt owned (will not sell until after covid impact) and will not disappear which could happen in hospitality, travel and retail sector. DYOR.

[delphiman] 27/7/2020 12:12

From the ST - it doesn't add all that much but it does give a sense of where the wind is blowing. The paper has finally got the spelling correct, after several days of Natwest!

Quote
NatWest’s top managers will tomorrow be presented with plans to slash up to £3bn of costs over the next five years — including closing more branches — as banks brace for a wave of bad debts.

The presentation to the executive committee at the state-backed bank, which changed its name from RBS last week, will set out a blueprint to reduce annual operating expenses from £7bn to £4bn.

NatWest chief executive Alison Rose wants to cut costs as record low interest rates of 0.1% and other pressures caused by the coronavirus crush banks’ income.

Lenders are set to report torrid second-quarter results this week. They will show a dramatic fall in income in the three months to the end of June, and hefty provisions for

Continue....

[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