Royal Bank Of Scotland Share Discussion Threads

[jazza] 12/5/2013 21:00

Welcome news..but what the hell took them so long?http://www.bbc.co.uk/news/business-22476233

[jazza] 12/5/2013 11:52

Deja vu kicking in..

The Shiller 20 quarter P/E ratio includes all the massive losses posted by financial (and other) companies since 2008 (5 years, 20 quarters) as a result of the financial crisis.

How can a market P/E be representative when earnings (profits) can be negative but prices (market cap) can't.

The simple answer is that the Shiller P/E ratio is a poor statistic. Poor because it is misleading when big losses are included.

[speedy] 12/5/2013 11:10

As I said, cash is looking attractive. Take the money and ... _run_ away
www.zerohedge.com/news/2013-05-11/john-hussman-profit-margins-and-un-reasonable-valuations
"As John Hussman notes, the Shiller P/E passed its 24x Maginot Line last week and yet, with revenues stagnant and earnings eking out gains, we are to believe valuations are cheap and margins will save the day. "The impression that stocks are "reasonably valued" relative to earnings is an illusion driven by profit margins that are 70% above their historical norm."

[speedy] 12/5/2013 11:06

leedskier 12 May'13 - 08:23 - 109466 of 109467

Attempting fill the huge hole the closure of the News of the World created?
Stories about scoutmasters are rare these days. They seem to have moved on to
geriatric "clebrities."

[portside1] 12/5/2013 08:28

who bought loads of shares in house builders BEFORE THE BUDGET
and no inquiry INSIDER DEALING AND NO ONE CHARGED
some investors new what was going to be said in the budget
was it the MPs family that pushed up the share price in the conpanys big time

[leedskier] 12/5/2013 08:23

As it is Sunday ...

[speedy] 11/5/2013 15:42

H/T Max Keiser, Eileen Dublin



"This is 5 Harbourmaster Place, ... Dublin ... One is Orpington Structured Finance I. It has gross assets of €1.7 billion, which would make it one of the most valuable firms in Ireland. Except it has no employees. It has no buildings or machinery. Nor does it pay any tax."
"It's big business: the total value of assets in the Republic's shadow-banking sector, at €1.7 trillion, is almost 11 times the State's gross national product, which is the total value of all products and services produced in a single year."

Insanity Central ...

[portside1] 10/5/2013 19:38

it now appears that the best place to be is in super market stocks they are safe and divs till next spring

[speedy] 10/5/2013 19:06

This same guy?

"In a speech to the Economic Club of New York in early 2013, Fed Chairman Bernanke boasted, "In fact, the simultaneous use by several countries of accommodative policy can be mutually reinforcing to the benefit of all." Bernanke argued that rather than call unconventional policies and devaluations "beggar-thy-neighbor" policies, they should be called "enrich-thy-neighbor" policies."

Bad news; we are all millionaires-to-be ... or to misquote Gordon Gekko and Mae West ...

Greed is good, and too much of a good thing is absolutely wonderful. YMMV ;-)

[jazza] 10/5/2013 15:10

Context? Means everything...


"While the shadow banking sector is smaller today than before the crisis and some of its least stable components have either disappeared or been reformed, regulators and the private sector need to address remaining vulnerabilities," Mr. Bernanke said at a conference held by the Federal Reserve Bank of Chicago.



Fed's Ben Bernanke: Shadow Banking System Still Poses Risks

[jazza] 10/5/2013 15:06

Split hairs..



"A revision by the Office for National Statistics (ONS) has cast doubt on the UK's double-dip recession last year."

[dope007] 10/5/2013 15:05

In comes the free money again. Most likely on massive leverage.

[speedy] 10/5/2013 15:02

Never mind the quality, feel the width ... ;-)



"It appears things are getting a little out of control around the world."

China has its own problems, and is likely seriously unhappy to have to manage
Japanese fallout in addition to their own.

[dope007] 10/5/2013 14:57

Thats an understatement on the shadow banking system. Just ask Deutsche Bank and their $72 trillion of derivatives on the books!!!!!

[ramco] 10/5/2013 14:49

Fed's Ben Bernanke: Shadow Banking System Still Poses Risks....;

[ramco] 10/5/2013 14:47

The U.K. could have vast North Sea shale gas reserves, but the cost of development would be high and probably would compete with cheaper shale gas imports from the U.S. Some of the gas from Exxon (XOM) and Qatar Petroleum's Golden Pass export terminal in Texas that could export as much as 15.6M metric tons/year of gas could wind up heading to the U.K., FT reports.

[ramco] 10/5/2013 14:45

the upward move of the Chinese yuan has caught a lot of investors off guard, as their attention, in the currency market has mostly been on the Japanese yen, once it implemented a policy to drive down its value.

Meanwhile, the yuan has moved strongly in the opposite direction, strengthening against the U.S. dollar in a meaningful way since the beginning of 2013.

As of this writing (May 9, 2013) the exchange rate between the RMB yuan (CNY) and the U.S. dollar is 100 619.25. Since the middle of February, the yuan has climbed about 1.5 percent against the U.S. dollar. From the beginning of the year it has jumped close to 1 percent against the U.S. dollar.

The moves by the Chinese government in response to the soaring yuan is good to remind us that it is still a managed currency, although the focus of that management strategy may be changing.

If the exchange rates are loosened up even more by China, which it has been hinting it's going to do, the yuan will be a strong currency for several years. It's the pace of the boost in value that is at question, not whether or not it's going to continue appreciating in value.

Any company significantly exposed to the Chinese currency rates will be effected by these changing conditions. Be sure to take that into account in your overall investment strategy over the long term.

[ramco] 10/5/2013 14:36

At the open: Dow +0.11% to 15099. S&P +0.12% to 1629. Nasdaq +0.22% to 3415.
Treasurys: 30-year -0.38%. 10-yr -0.2%. 5-yr -0.1%.
Commodities: Crude -2.31% to $94.16. Gold -2.88% to $1426.35.
Currencies: Euro -0.27% vs. dollar. Yen +0.96%. Pound +0.35%.

[ramco] 10/5/2013 14:36

The "reach for yield," the threat of a run in money-market funds, and the possibility short-term wholesale markets could dry up are among the issues the Fed is keeping an eye on, says Ben Bernanke in a speech centered on vulnerabilities in the financial system. The legacy of the financial crisis remains - not just in lost jobs, but the legal and reputational consequences as well.

Speech...

[ramco] 10/5/2013 14:24

Ahhhh! good day Leeds... definitely...;lol

Add: Trust a break is as good as a rest...;

[ramco] 10/5/2013 14:22

Market preview: Stock futures point to small gains at the open following strong trading in Europe and Asia. Japan's Nikkei gained nearly 3% overnight, with the yen continuing to fall. Strength in the dollar is pressuring commodities; metals are down across the board, while energy and grains also are lower. The data calendar is empty, with a Bernanke speech shaping up as the highlight of the day.

[ramco] 10/5/2013 14:17

On the hour: S&P +0.07%. 10-yr -0.17%. Euro -0.24% vs. dollar. Crude -1.76% to $94.69. Gold -2.3% to $1434.85