Natwest Share Discussion Threads

[gcom2] 11/8/2020 17:09

gone up quite a bit today

[polar fox] 09/8/2020 10:52

maxk,

If you scroll down the business section further, there is another article with Rose's mugshot, this time about bad debts. I couldn't be bothered to mention either of them, they're really just more of the tedious same....

UK bank shares do occasionally offer a S/T trading opportunity, but that's it.

[maxk] 09/8/2020 09:39

Nu broom at work?

[polar fox] 09/8/2020 08:13

The ST is reporting,

1 A possible huge new PPI scandal, which could lead to multi-billion industry compensation. It is on their front page and is available in the BBC's newspaper summary
and
2. The buffoon is leaving for a two-week holiday in Scotland next weekend, with family. Crisis? what crisis?

[pander45] 07/8/2020 00:30

Bad news, short sharp pain much better than the debilitating chronic disruption - flattening the curve of recovery.....not good news at all.

[polar fox] 06/8/2020 11:22

So many caveats surrounding the BoE's projection that it's about as useful as one sheet of toilet paper.

More constructively, I see that Aviva has resumed paying dividends - see below for the relevant excerpt from their Interims RNS. One wonders if NWG might think about something similar a few months hence, PRA permitting, of course. But it's a very long shot at this point, given the huge uncertainties of CV-19 and Brexit.

Quote

Dividends

On the 8th of April 2020, Aviva announced the withdrawal of its final dividend for 2019 for ordinary shareholders. This decision was not taken lightly by the Board, which recognises the importance of the dividend to our shareholders. However, in view of the extreme uncertainty prevailing at the time, and clear regulatory guidance, the Board agreed that preserving capital and liquidity was in the best interest of long-term shareholder value.

The Board has regularly reviewed the impact of COVID-19 on our capital, liquidity, insurance claims, investment performance and outlook for the broader economy. While there is considerable uncertainty in the economic outlook that warrants continued attention, the Board notes operational and financial performance has been resilient and capital and liquidity remain strong, the latter also benefiting from completion of the sale of Friends Provident International Limited.

Accordingly, following its evaluation, the Board has declared a second interim dividend in respect of the 2019 financial year of 6 pence per share. This strikes a balance between paying income to our ordinary shareholders while continuing to preserve additional strength in our capital and liquidity positions.

While the Board continues to monitor the impact of COVID-19 and the economic outlook carefully and with appropriate prudence, we have decided to take the opportunity to review our longer term dividend policy, in light of our strategic priorities and the future shape of the group, with the objective of a sustainable pay-out and lower leverage. We will update shareholders on all dividend matters, including the 2019 final dividend in the fourth quarter.

unquote

[leedskier] 06/8/2020 07:58

Guardian

8m ago 07:49
Bank: Covid slump will be less severe, but last longer

The Bank of England is warning that the UK recovery from the pandemic will take longer than it thought three months ago -- but the downturn will also be less severe.

The MPC’s new ‘central projection’ is that UK GDP does not return to its pre-Covid 19 size until the end of 2021. Back in May, it hoped that this would occur in “the second half of 2021”.

[extrovert] 05/8/2020 17:32

Yanks control all the UK banking stock movements. They must be making a fortune trading them both ways. Blackrock and the US investment banks calling all the shots imo.

[cfc1] 05/8/2020 09:24

7rademark - bang on. And we need to get those damn scientists off the TV!! Purist idiots without any common sense or realisation of economic disaster et al....BRING BACK CHURCHILL!!!

frightening how utterly useless politicians are!!

Problem for the public - how do we get heard...massive petition - I would start that or demonstration in London?

[7rademark] 05/8/2020 07:31

I'm afraid I agree with cfc on covid. The NHS was never truly stressed, where i live we have 9 cases per 100,000 population, the country will be Bankrupt if we lockdown again, children will be behind at school, some will not catch up meaning higher crime and more unemployment.In the media today, heart attacks are up 40% during covid 19, later it will be strokes, diabetes and cancer.Covid is a horrible disease, its cruel, however its a disaster to over rate covid and the govt need to stop doing so.

[leedskier] 04/8/2020 14:51

maxk it is still less than 0.1% of the population.

add or one 1/7th of the annual population growth

[cfc1] 04/8/2020 11:34

99.95% not 95.95..

[maxk] 04/8/2020 11:33

Lies, damned lies .. and statistics



The number of deaths where a doctor mentions CV-19 on the certificate is nearly 10,000 higher at just under 56,000. The BBC's stats guy says that this is the most accurate number.

[polar fox] 04/8/2020 10:47

Interesting latest deaths numbers out this morning.

The official number is currently just over 46,000, but it's artificially low, of course - restricted to people already tested.
The number of deaths where a doctor mentions CV-19 on the certificate is nearly 10,000 higher at just under 56,000. The BBC's stats guy says that this is the most accurate number.
Finally, there is the excess deaths number, which is now just under 64,000.

So, when Mexico, for example, is reported as just having overtaken the UK's 46k, like so much of this lying government's assertions, it's yet more misleading BS.

[leedskier] 03/8/2020 11:17

Manufacturing PMIs across much of the EU and UK re-booting share prices.

[leedskier] 03/8/2020 08:21

The fall from grace of HSBC is impacting.

[buywell3] 03/8/2020 07:22

Manchester approaches Lockdown Mk 2

IMO we are going to see more City areas locked down in an attempt to avoid a full National Lockdown.

Victoria in AUS is attempting to do the same as have other countries with their cities

Understandable in the face of what a Full Lockdown costs economies

BUT

Will they work or simply delay the inevitable ?

[polar fox] 31/7/2020 14:35

A minor, but gratifying point, leeds.

I've had Delphiman on filter for a year or two, but I had to unfilter him to view his new NWG thread. Now that he's back on filter, that whole thread has vanished from the face of ADVFN, at least for me. These things matter.

[polar fox] 31/7/2020 13:44

leeds,

I've advised both the main LLOY threads of your new creation, but no others, like BARC.