Royal Bank Of Scotland Share Discussion Threads

[leedskier] 15/10/2013 14:35

Fun video if one reads the article first.



add:

One can be pretty confident that it is the same in the UK.

[gcom2] 15/10/2013 14:34

mcap is important, its represents net worth of a company in the opinion of the "market". you should be looking at net asset value vs mcap, which imo makes rbs look rather cheap.

[leedskier] 15/10/2013 14:28

It looks like Boehner will have to take the bullet and put the vote to he House without the support of the Tea Party.


Gabriella Demczuk/The New York Times

The Senate could vote on an agreement as soon as Wednesday if the majority leader, Senator Harry Reid, and the minority leader, Senator Mitch McConnell, discuss the deal with their members on Tuesday.

Senator Mitch McConnell of Kentucky, the Republican leader, will try to sell his colleagues on the proposal during an early meeting of the Senate Republican conference at 11 a.m. Mr. McConnell reached the agreement on Monday evening with Senator Harry Reid of Nevada, the Democratic leader; Mr. Reid also plans to discuss the arrangement at a Democratic caucus meeting on Tuesday afternoon.

The deal would reopen the government until Jan. 15 and raise the debt limit until Feb. 7. In addition, lawmakers would agree to conclude negotiations on a longer-term budget by the middle of December.

But as House members returned to Washington on Tuesday morning, the deal's fate in that chamber remained uncertain. House Speaker John A. Boehner, who huddled with his top lieutenants throughout the day on Monday, also plans to discuss the Senate deal behind closed doors with his members, some of whom quickly rejected it as details emerged.

"We've got a name for it in the House: it's called the Senate surrender caucus," said Representative Tim Huelskamp, Republican of Kansas. "Anybody who would vote for that in the House as Republican would virtually guarantee a primary challenger."

[leedskier] 15/10/2013 13:20

Citi's numbers which invariably disappoint has hit US futures.

[leedskier] 15/10/2013 13:16

Just the shares in issue at the moment. I suggested B shares were like warrants, in fact they are similar to convertible bonds.

[jwe] 15/10/2013 13:15

I`m afraid there is no answer to that logic(`who cares what the market cap is`)...or lack of it!
Do not get me wrong,what i am NOT saying is that there is no upside here ,but x10 is well beyond ridiculous

[gcom2] 15/10/2013 13:14

would you guys include the B shares for rbs p/e ratio , or just the shares in issue?

[leedskier] 15/10/2013 13:10

nobbyx, I rather thought that RBS was £6.50 back in 2007, hence the equation is as you set out.

What threw me was this link. I can only assume that the numbers there have been adjusted for the recent consolidation.

[cfc1] 15/10/2013 13:07

jwe - LADDY ...I do very well out of the stock market.
Did you know Cisco had a market cap once of 500B? Who cares what its market cap is....what I know this will be the best recovering stock there is..

what exactly does google have in terms of revenue and guaranteed future?????

[jwe] 15/10/2013 12:41

Perhaps the stock market is not for you then.German style hyperinflation apart this is never going to have a market cap of £230Bn(that is more than Google i think)

[nobbyx] 15/10/2013 12:38

Leeds,

Unless I'm missing something your calculation appears to be out by a factor of 10.

Your numerator, 6500, is a notional figure taking into account the 10 for one consolidation. Your denominator, 37.6, ignores the consolidation.

Unless I'm missing something the calc looks to me to be either 6500/376 or 650/37.6, both equaling 17.28.

[cfc1] 15/10/2013 12:37

jwe - I AM barking mad..... But I know how money flows into stocks that have been battered for years.
I see NOTHING to stop this being 10x todays price with markets/economy and and divi after gov't selloff

[jwe] 15/10/2013 12:26

cfc-Are you completely mad?You seriously think RBS can achieve a market cap way beyond £200BN?Best of luck with that!
Edit-that is not to say there is no upside

[cfc1] 15/10/2013 12:21

Thanks Leeds - wow!! I DONT think I want to be out of RBS....it has far to much room to grow EVEN to 10x current share price... Yes people will trade but it shows the gov't buy in price is ridiculously cheap!!!

[leedskier] 15/10/2013 12:08

Probably after the US sorts out its budget.

[tfergi] 15/10/2013 11:55

When are the government going to announce the result of the RBS split enquiry ???

[smythy4] 15/10/2013 11:55

Big news from Frontier Mining (FML) in the works? Get in v quick imo

[dope007] 15/10/2013 11:28

hxxp://www.weeklystandard.com/blogs/us-adds-two-times-more-debt-economic-output-last-2-years_762311.html

And that ignores the fact that the GDP figures are bent, and off book debt is also rocketing. Never mind though Ben is printing and stocks are rising for now!!

[gcom2] 15/10/2013 10:25

thanks very much guys

[leedskier] 15/10/2013 10:12

add:

If one is going to notionally consolidate the historic share price to reflect the current share consolidation, the historic price post June 2007 would have been 65000p a share. But it would make no difference to the multiplier because the denominator is x10 higher.

[leedskier] 15/10/2013 10:06

More brain teasers cfc1 ;

There was a 2 for 1 share split on 8 May 2007.

Immediately following that the share price was circa 6500p.

The current share price reflects a share consolidation aka a reverse share split of 1 for 10.

Assuming no consolidation the current share price would be say 37.6p.

6500/37.6 = 172.8 x higher than the current share price.