Royal Bank Of Scotland Share Discussion Threads

[leedskier] 03/9/2015 07:55

careful, I once thought that about MAN/EMG ... when it was paying a very high dividend and in the FTSE100. Now look at it.

add:

But do not let me to deter you from a punt on it.

[leedskier] 03/9/2015 07:50

European markets are set to rise at today's open, as investors eagerly await the European Central Bank's monetary policy decision.

The central bank's statement, due to be released at 1.30pm UK time, will shed light on whether it intends to expand its quantitative easing programme in the coming months.

Also being released today are the August services PMI numbers for the UK, France, Spain, Italy and Germany, all of which will be watched closely for signs of growth in the continent's major economies.

Meanwhile, European markets will gain a reprieve from Asian volatility, as China closes its exchanges as part of a two-day holiday to commemorate the end of World War Two.

Over in the US, Wall Street made a strong recovery after last night's Fed Beige Book Survey said the world's largest economy was experiencing solid growth in most areas.

Corporate news:

Easyjet has raised its profit expectations following strong summer trading
Motor retail company Lookers has purchased Addison Motors for £87.5m
Go-Ahead reported an 11 per cent rise in profits in its full year statement
Economic data:

9:00am Eurozone, services PMI, August
9:30am UK, services PMI, August
10:00am Eurozone, retail sales, July
12:45pm Eurozone, ECB interest rate decision
1:30pm US, continuing and initial jobless claims
1:30pm Eurozone, ECB monetary policy statement

[careful] 03/9/2015 07:49

these commodity prices will bounce quite quickly.
demand is still high.
see rio statement today.
dont you ever learn.

..and glen is the punt of the century.

[jazza] 03/9/2015 06:52

Commodity prices rising from the floor might not come soon enough for GLEN.

Those entities shorting heavily will be whispering on the grapevine and shrieking on the airwaves to create the impression that a discounted rights-issue is needed and fast.

Christmas and those skiing holidays don't pay for themselves.

[jazza] 03/9/2015 06:42

IMF suggest 1% off China growth = 0.5% off global growth.

Bet they haven't properly factored in the effect in the rich world of cheaper commodities.

This too-much-focus-on-one-side-of-the-coin forecasting is typical.

[leedskier] 03/9/2015 06:41

I agree about that.

[jazza] 03/9/2015 06:40

Have just been looking at charts for various commodities:

Metals, fruits, beverages, cereals, soybeans...looks like (potential) bottoms forming on many.

It'd take a brave person to call the bottom and an even braver one to punt on GLEN.

[leedskier] 03/9/2015 06:34

Even Christine Lagarde was commenting on air yesterday that volatility from the Global markets is likely to remain elevated. More 3% swings lie ahead!?!

[leedskier] 03/9/2015 06:33

European Factors to Watch-Shares seen opening higher
LONDON, SEPT 3
Financial spreadbetters predicted Britain's FTSE 100 to open 49 to 52 points higher, or up as much as 0.9 percent, Germany's DAX to gain 86 to 92 points, or as much as 0.9 percent, and France's CAC 40 to rise 34 to 37 points, or as much as 0.8 percent, on Thursday. ------------------------------------------------------------------------------ > Asia shares stage patchy recovery but volatility remains high > Wall Street surges as turbulence becomes the norm > Nikkei up as bargain hunters enjoy temporary respite amid China break > Prices slip on risk appetite, possible central bank selling > Dollar rises with stocks as yen and euro slip, ECB awaited > Gold slips on firmer dollar; U.S. jobs data eyed for cues > London copper holds ground in holiday-thinned trade > Oil prices fall on U.S. crude stocks build, but equity rally supports

(Reporting by Atul Prakash)

[leedskier] 02/9/2015 15:52

US banks news .. Profits surge.Bloomberg - U.S. Banks Posted Record Profits in Second Quarter, FDIC Says

[avatar333] 02/9/2015 15:38

LOL

;

[gcom2] 02/9/2015 14:30

looks like the HFT's got spooked by some good news, back over 33p

[avatar333] 02/9/2015 13:27

Thanks, bondon5.

[bondon5] 02/9/2015 13:20

Spread Betting and CFDs Magazine edition now online at This month's premium features includes: We bring you the low-down on Japan as an Investment Case and Japanese Equities - Opportunities in Focus; Russia, China and Iran - Jim Mellon explains why he believes Apple's best days are behind it - Robert Sutherland-Smith asks whether now is the time to buy into Banks? - Four Ways to find Winning Spread Bet Trades Fast and much more.

[leedskier] 02/9/2015 11:07

The Treasury Select Committee should have a look at the cash markets.The problem however is that the markets are Global and the extent to which national regulators can influence is limited. Probably the most the UK can do is to ensure that the Rules in London are similar to, and as strictly enforced, as the Rules in the USA.

[begorrah88] 02/9/2015 10:28

The FTSE and UK banks just one tracker now that move as one.

How powerful must the volume of funds be for trackers that they drag all constituents in exactly the same path.........or is it just command of SETS that dictates that?

Different start to the day - same outcome

FTSE [and by default all banks] open up and then get sent straight down by machines - not volume or buys v's sells volume - just machines nagging at the SETS system and not allowing the bid side to reload before more, small sells, take it down another couple of pips - and repeat.

When the markets are broken some sharp cookie will tell us this was what was happening and the regulator will act astonssihed and say they weren't aware.

They are aware because I've asked them to be alert to what is happening.

[gcom2] 02/9/2015 09:23

20bn market cap. Forward looking p/e must be a round 2 or 3 now. Ridiculous.

[avatar333] 02/9/2015 09:14

Morning.

;

[begorrah88] 02/9/2015 08:24

It has taken them all of 24 minutes to get Lloy back into the red. How long for the FTSE?

[gcom2] 02/9/2015 08:22

Ftse up 40, that must hurt

[jazza] 02/9/2015 08:13

Shanghai barely changed as of 3pm.

[leedskier] 02/9/2015 07:15

LONDON, Sept 2 Britain's FTSE 100 index is seen opening
24 to 30 points higher on Wednesday, or up around 0.5 percent, according to
financial bookmakers.

* The UK blue chip index closed 189.40 points lower, down 3 percent, on
Tuesday at 6,058.54, with all but one FTSE 100 stock in negative territory after
a slump in the manufacturing sector in China.

* TESCO - The UK retailer picked private equity firm MBK Partners
as preferred bidder to buy its South Korean unit, two people with direct
knowledge of the matter said on Wednesday.

* BOOKMAKERS - Online gambling company GVC Holdings Plc said it
could go hostile in the 1-billion-pound ($1.5 billion) battle for Bwin.party
Digital Entertainment if Bwin's board recommends a lower offer from 888
Holdings Plc, the Times newspaper reported.

* HSBC - Argentina's central bank on Tuesday ordered HSBC Argentina
to name a new president and vice president within 24 hours, accusing the bank of
failing to establish necessary controls to prevent tax evasion and money
laundering.

* ASOS - The British online fashion retailer's Chief Executive Nick
Robertson is to step down in the coming months, 15 years after launching the
company, Sky News reported.

* GLAXOSMITHKLINE - GlaxoSmithKline said that the explosion that
rocked Tianjin, China, on August 12 strained its supply of Hepatitis-B treatment
marketed in Japan, according to Nikkei.


* UK CORPORATE DIARY:
Ashtead Group PLC Q1 2016 Ashtead Group PLC
Earnings Release
Diploma PLC Diploma PLC Trading Statement
Release

[jazza] 01/9/2015 18:31

GLEN could be the biggest story of this transient period of general hysteria. Loadsadebts..


Copper now 1/2 peak price, iron ore just 1/3 peak.

China still imports huge amounts - but their costs are much reduced.

The money saved must be going somewhere..

..falling prices are good for importers.