Royal Bank Of Scotland Share Discussion Threads

[chinese investor] 27/5/2017 13:06

meijiman,
I'm assuming it's the number of rights taken up but do your own research.

Just think of the RBS shareholder who didn't take up his rights - he wouldn't even be allowed to take part in the action.

[meijiman] 27/5/2017 12:04

Is that 82p per share on the pre-rights no of shares held or the post rights number?

[chinese investor] 27/5/2017 11:21

82p has been accepted by RBOS Shareholders' Action Group.

[dope007] 26/5/2017 22:14

Same as yesterday a vertical line straight up and held. So blatent and they pack a guy off to the USA from his house in London accusing him of manipulation and front running!!!

[chinese investor] 26/5/2017 03:08

"Hildyard has adjourned the case until 7 June.

The court is not sitting next week, but has set a deadline of 1 June to know whether a settlement is possible."

[cfc1] 25/5/2017 12:20

maxk - its why the share price has risen again! Its another thing getting sorted...

[dope007] 25/5/2017 10:11

Excellent response for the CBs there saving this farce on yet more missed macro data

[maxk] 25/5/2017 08:16

The never ending story..

[ball deap] 24/5/2017 21:24

DO NOT GO SHORT YET.

I guarantee that if you short now you will seriously regret it, I have told you from the start of this bull run (you all know it) that this has got so much, more further to go. I will tell you when my Illuminati contact gives me the short signal,. A long way off from here.

Ride the bull run loads to go yet, like I said to you from the start, long it !!!

[smurfy2001] 24/5/2017 15:45

Struggling like a drunk to get up

[gcom2] 24/5/2017 15:09

no resistance till 31p . although something will turn up to trash the sp, it is RBS after all.

[cfc1] 24/5/2017 14:45

Mj19..thats because they're undervalued ! still equ of 27p!!!! and their best price post crash was equ of 58p...let alone 5880p pr crash!

[mj19] 24/5/2017 13:31

Amazing this going up each day

[smurfy2001] 24/5/2017 13:25

cfc1,

It isn't happening anytime soon given the RBS RMBS settlement hasn't been concluded as yet. If it's under what's provisioned then we could see some action but i'm personally not betting on it. I hold but will not add, too much cash here and i'm doing better elsewhere with my trading/investing.

[chinese investor] 24/5/2017 13:16

Thank Goodness I Put My Faith In Barclays And Not RBS For the Recovery !

Barclays BOUGHT 15,000 330p 06-Oct-08 £49,852.91
Barclays BOUGHT 25,000 105p 19-Jan-09 £26,380.62
Barclays BOUGHT 60,000 59p 22-Jan-09 £35,580.87
Barclays SOLD 100,000 247p 29-Apr-09 £247,395.08

Profit £135,580.70

[meijiman] 24/5/2017 12:53

I want to join it please!!!!

[chinese investor] 24/5/2017 12:26

“small number of shareholders whose current address does not appear to be correct”

The RBoS Action Group has been woeful in dealing with its members who are PIs.
They haven't attempted to set up an online members' database which would have helped them get an idea of the PI's wishes.

They've how got a few days to get their act together !

[dope007] 24/5/2017 12:08

China downgrade, Greece Farce, Italy bankrupt and this still goes up

Reopened VIX longs and had a tiny short on FTSE and Eurostocks 50

[cfc1] 24/5/2017 11:46

well your view is that isn't happening (read your posts) so I'll give you current value!

[smurfy2001] 24/5/2017 11:40

I want 400p.

[chinese investor] 24/5/2017 11:22

Attempts to avert a legal battle that would force Fred Goodwin, the former chief executive of Royal Bank of Scotland, to give evidence in the high court are to continue into next month.

Talks to agree a £200m settlement between investors and RBS have been going on for 48 hours.

The high court was told on Wednesday that agreement had not been reached.

If a deal is struck, it would prevent Goodwin being forced to testify in court next month.

Thousands of private investors and a handful of City institutions are considering the offer by RBS to settle their claim that they were misled into buying shares in April 2008, when the bank raised £12bn in an ill-fated rescue attempt.

The case was due to start in central London on Monday.

However, Mr Justice Hildyard has agreed to adjourn it until 7 June to allow a deal to be reached.

Jonathan Nash QC, representing the shareholders, told the judge on Wednesday that while prospects of a settlement remained good more time was needed.

Asked by Hildyard what the impediments to a deal were, Nash said the shareholder group was not able to contact all its members.

There were a “small number of shareholders whose current address does not appear to be correct”, he added.

The judge set a court hearing for 4pm on Thursday for an update and will require written updates next Tuesday and Thursday when the court is not sitting.

Nash had told the court on Tuesday the majority of the shareholders were minded to settle but by the end of Tuesday there was no announcement about any agreement over the 11th-hour settlement by RBS, made on Monday just hours before the long-running legal battle was due to begin.......

[meijiman] 24/5/2017 10:50

Thanks CI. Even with the compensation its been a complete disaster all round.
In many ways it might be better to get Goodwin into the witness box. A truly arrogant unpleasant individual.

[chinese investor] 24/5/2017 10:28

meijiman,
There was a 10 for 1 consolidation in 2012.

[chinese investor] 24/5/2017 10:26

Royal Bank of Scotland shareholders have refused a deal during last-ditch talks to settle before the 2008 rights issue is taken to court.

According to the Times, the settlement talks have stalled after ‘diehard’; shareholders refused to sign up. The trial was set to start on Monday, but was adjourned in order to allow the bank to reach an out of court settlement.

The offer made to the 9,000-strong shareholder group was raised to 82p a share.

It is unclear whether talks are still continuing.