Royal Bank Of Scotland Share Discussion Threads

[avatar333] 23/11/2016 10:45

AVATAR333 - 11 Oct 2016 - 08:58:31 - 144135 of 145212

RBS 'A NEW THREAD II' - RBS

144130

stirling is somewhere in Scotland.

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[careful] 23/11/2016 10:42

UBS wealth managers think that £ stirling could rise to $1.55 in the medium term.
Britain post Brexit will become a safe haven.
Article in todays Daily Telegraph.

[maxk] 23/11/2016 10:36

leeds.

If you think a 10-15% rise in price on a beemer will have no effect, you need to get out more.

As for Italian tomatoes...who knows? But I suspect there is more than one supply route available.


However, the point I am trying to make is it makes no sense to get into a trade war, it simply hurts everyone.

[leedskier] 23/11/2016 10:16

Apparently whilst most of the UK would like to see immigration controlled a smaller percentage have an adverse view about immigrants.

It is ok to talk pejoratively about immigration, but not about those immigrants already here

[leedskier] 23/11/2016 10:04

maxk the reason that these EU countries export to the UK is because there is a demand for their goods in the UK.

Buyers of BMWs or tins of Italian tomatoes are not going to change their buying habits.

However it will mean inflation.

1) If Sterling continues to trade at a discount to its pre referendum value, at least for the first year.

2) These imports will only cost more if the UK elects to impose import duties. It would be a brave Chancellor to raise the cost of imported food from the EU by 15% in addition to any increased cost by reason of the fall in the buying power of Sterling.

[leedskier] 23/11/2016 09:53

The two top gainers on the FTSE today -- both up more than 65% -- are subject to offers or are in negotiations for take over. Neither is a commodity company. Both are in different sectors and segments, but they share one thing in common. Prior to the announcements triggering significant gains today, they were both trading at a very significant discount to their share price of just 18 months ago.

So why is it that so many UK listed small cap companies are trading at a substantial discount to fair market value? Especially as US indices are trading at record highs.

The answer I fear lies not only in the market making system in London, but the mindset of institutional investors.

With the cessation of not only prop trading but market making by the big investment banks, it is left to the small firms of brokers, some of which are struggling to make a profit, to provide market liquidity.

Institutional investors seem to be focused on yield rather than growth, so would rather pile into firms like BP. which is borrowing billions to pay a dividend, it cannot afford to pay from income or cash reserves. This mindset is additionally justified by claims of lack of technical liquidity in shares traded via these small firms of brokers.

Theresa May has made two references to the City failing UK PLC. The first on being appointed PM, the second a few days ago. Having talked the talk, is she going to walk the walk?

[avatar333] 23/11/2016 09:45

Morning.

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[maxk] 23/11/2016 09:43

Here's a few factoids that the very noisy empty bottles might like to avoid.

€U trade with blighty: Not a one way street, but serious consequences for certain countries within €uropa if it comes to a trade war.

[leedskier] 23/11/2016 08:35

Is 'let them eat cake' to be the rallying call of Philip Hammond today?.

[leedskier] 23/11/2016 06:57

The FTSE100 is being called to open higher (again) this morning.

[avatar333] 22/11/2016 14:38

145191

We all like good old Nigel.

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[gcom2] 22/11/2016 14:27

Sell Lloyds Banking Group PLC (LON:LLOY), buy Royal Bank of Scotland PLC (LON:RBS) is Goldman Sach’s view today in its latest update on the UK banks.

The theme is that competitors are encroaching on the four major’s traditional stamping ground, especially mortgages where ring-fencing and the newly introduced term funding scheme provide a strong incentive for some banks to substantially increase their exposure.

Lloyds (Sell) is most exposed to this trend, says Goldman as it the largest mortgage lender in the UK and has a significantly higher pricing point.

There is a risk of an accelerated erosion of its mortgage book and ultimately Lloyds will have to close the current pricing gap with the rest of the market.

RBS, in contrast, should be able to offset the bulk of margin pressure with strong loan growth.

[cfc1] 22/11/2016 14:23

sorry was talking about Trump on Farage...... whether we like Farage or not....I would get him the job to please a president that wants to do business with us!!!!

[leedskier] 22/11/2016 10:12

m/m public sector net borrowing halves to £4.3 billion.

[avatar333] 22/11/2016 10:10

Morning.

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