Royal Bank Of Scotland Share Discussion Threads

[cfc1] 27/10/2016 17:57

my exit price is 1500! well we can all wish and I was very good at waiting!!!!

[smurfy2001] 27/10/2016 17:19

Ball deap, what's your exit price target ?

[gcom2] 27/10/2016 14:43

balldeap when this is goes over 250p and stays above I will consider that a recovery may have started. I expect it will get the usual slap tomorrow on the never ending provisions for the acts of a very few people 10-15 years ago.

[leedskier] 27/10/2016 14:00

add

and is now above its pre referendum price.

[leedskier] 27/10/2016 13:59

I suggested pre market that the market might like BARC numbers. After a bit of dithering the ii analysts must agree because it is now up 4.4%.

[leedskier] 27/10/2016 13:16

Belgium strikes deal on Canada-EU trade agreement
Europe’s stalled trade deal with Canada has been pulled back from the brink of collapse after regional leaders in Belgium, who had refused to allow the country’s government to sign the pact, reached a political agreement to support it.

[ball deap] 27/10/2016 13:16

Like I said from the start, shorters beware your time is up!!! Long trades from here into the next quarters.

[leedskier] 27/10/2016 11:27

But this breaking news in the Ft most certainly will help


Nissan will build the next generation of its Qashqai SUV at its Sunderland plant, the company will announce on Thursday.

The move is a major vote of confidence in the UK following the Brexit vote and one that will fuel hopes that other carmakers will choose to keep production in Britain.

[avatar333] 27/10/2016 10:25

LOL

;

[leedskier] 27/10/2016 10:18

Absolutely ...;

The FT has posted a commentary, which focuses on the fact that the Services Sector now accounts for 80% of the UK economy, notwithstanding that financial services has shrunk by 10% since the 2008 crash.

The services which have grown range from law to architecture to management consulting.



Jungle Jim's manufacturing company may be experiencing growth, but sadly it is against trend. it is not so much what Britain makes in its factories, but with its brains that is underpinning the economy.

No help for Sunderland man then!

[avatar333] 27/10/2016 10:02

You're on fire, leedskier.

;

[leedskier] 27/10/2016 09:58

Service sector grows, everything else shrank

Britain’s service sector, which makes up three quarters of the economy, is the only part which grew in the last three months.

Service sector output grew by 0.8% in July-September.

Construction shrank by 1.4%
Agriculture shrank by 0.7%
Industrial production shrank by 0.4%
And manufacturing (part of production) shrank by 1%

[leedskier] 27/10/2016 09:57

13m ago 09:43

Britain’s economy has now grown for 15 quarters in a row, and is 8.2% higher than the pre-economic downturn peak in early 2008.

[leedskier] 27/10/2016 09:53

Ed Conway @EdConwaySky

So much for rebalancing. UK Q3 GDP growth entirely driven by services sector. Everything else (manufacturing, construction etc) shrinking
09:44 AM - 27 Oct 2016

[leedskier] 27/10/2016 09:52

Chancellor Philip Hammond says today’s report shows that the UK economy is resilient, and ‘well-placed’ to deal with the challenges and opportunities created by the EU referendum.

[leedskier] 27/10/2016 09:51

“There is little evidence of a pronounced effect in the immediate aftermath of the vote,” Office for National Statistics Chief Economist Joe Grice said in a statement on Thursday.

[leedskier] 27/10/2016 09:44

Could be a lot holding currency hedges like BP. are selling.

[leedskier] 27/10/2016 09:40

Sterling rises ;

[leedskier] 27/10/2016 09:39

Yet the market sells on the news. maybe some were hoping for more, or perhaps it means no further rate cuts.

[leedskier] 27/10/2016 09:37

Services were 0.8% 3m/3m.

[leedskier] 27/10/2016 09:36

And sure enough the City guessed right.

GDP came in well above forecasts at 0.5%.