Natwest Share Discussion Threads

[tfergi] 01/9/2020 16:31

And the USA rises still further

[leedskier] 01/9/2020 15:29

Apple has notched up another milestone by overtaking the combined market value of the entire FTSE 100 index of the UK’s biggest publicly listed companies.

The iPhone and iMac maker has had a stellar performance this year with its share price rising an astonishing 75%, and last month became the first US company to reach a $2tn (£1.48tn) market value.

[leedskier] 01/9/2020 10:35

Ryanair offers one million flights from just £5 in flash sale

[leedskier] 01/9/2020 09:31

Meanwhile Zoom Video Communications Inc NASDAQ: ZM rose another 8% yesterday valuing it at $91 billion.

[7rademark] 24/8/2020 14:42

F ing banks can't raise a smile

[polar fox] 24/8/2020 06:40

This morning, the SPX has finally managed to trade, on IG, above 3,400, by 5 points or so as I type. It's either an encouraging new ATH, or a bull trap!

Major Asia Pacific markets are up and so is the FTSE, by 30 points or so.

Pity last night's CL final was a bit disappointing to watch, but thanks go to BT for making both finals available for free to everyone.

[polar fox] 21/8/2020 21:01

It's halftime in the exciting Sevilla/Inter final - just time to report that the SPX has traded half a point higher than the ATH two days ago, enough to negate the possibility of a significant sell-off having started on Wednesday. Situation back to normal.

[polar fox] 19/8/2020 21:33

Interesting day in NY.

In the morning, the SPX added five points to yesterday's ATH, just reaching 3,400. Then it sold off quite quickly, mostly because the FOMC minutes indicated a less positive view of the economy, to close at 3,375. It's just possible that the market has pulled the trigger on a bull trap for the unwary. NY has seen many significant corrections in the August-October period over the decades, of course. We'll see soon enough if it wants to go over 3,400.

I don't like the chart for NWG and I continue to see the risk of 100p giving way at some point.

[gcom2] 19/8/2020 15:48

this valued near all time low 13bndj banking index recovering nicelyhow can same sector be so so different between uk and us

[polar fox] 18/8/2020 21:42

The SPX managed a new ATH today, by just one point above the previous ATH, which was six months ago. In the meantime, there was a 35% decline, thanks to CV-19.

The DOW is still about 1,800 pts below its February ATH.

The NAZ charges ahead out in front, on a run of new ATHs for about the past ten weeks or so.

No pre-election nerves yet....

[leedskier] 18/8/2020 09:37

Gold above $2k.

[polar fox] 16/8/2020 08:03

Yet again, Rose's mugshot looks out of the ST - the news isn't anything special, but she must like calling them!

Q
Hundreds more NatWest jobs are at risk as it plans to merge part of its investment bank with the rest of the group.

The bank, 62%-owned by taxpayers, is combining some of NatWest Markets’ support teams — including human resources, operations, risk and treasury — with those of the high street lender.

The move, due to be completed by the end of next March, could result in hundreds of job losses as duplicate positions are axed.

It is part of a push by Alison Rose, 50, who became chief executive last November, to slash the investment bank and distance NatWest from its toxic past under former boss Fred “the shred” Goodwin.

Rose last week ousted three of the top investment bankers on NatWest Markets’ management

Continue....

[growthpotential] 14/8/2020 12:25

Each company will be valued differently at different points in time. Every dogg has its day although I agree banks seem to be servants of the economy now and should only be a small part of your portfolios

[cfc1] 14/8/2020 12:21

growth - then dump the rest. I think TESLA post split will run 3-4times from about $300+- to probably $1000 by christmas! It is just the future for some many things - its not all about cars! software company, car, battery, insurance, energy provider..
So I think you will lose whatever loss you have on this dog within 3 months - might take longer but definitely in a year and then some!

[growthpotential] 14/8/2020 12:16

I agree this is the biggest dog around and I'm still holding because it's down like 55%, already had most of the pain...yeh I also own Tesla too!

[cfc1] 12/8/2020 17:45

smurfs - im totally out (again) of this...its just a dog and cant see any upside for banking at all....do yourself a favour and buy TESLA

[smurfy2001] 12/8/2020 16:28

NatWest says it is to make around 550 people redundant and close a major London office.

hxxps://news.sky.com/story/natwest-seeks-550-volunteers-for-redundancy-in-latest-branch-shake-up-12047798

[andysand] 12/8/2020 11:41

On a longish timescale (maybe a year?), I think it will double. That's a great investment in anyone's book. Andy