Royal Bank Of Scotland Share Discussion Threads

[chiefbrody] 10/7/2018 15:28

Either that or automation/AI etc takes on a lot more jobs...

[leedskier] 10/7/2018 15:26

As a pensioner I would just like to draw attention to two simple facts:

1) More than 18% of the population are of pensionable age.

2) The projected spend in the current fiscal year on State Pensions and Pensions for former Government employees is £161bn, which is more than the amount to be spent on health services even after the extra billions promised.

The 18% could rise above 25% in the not so distant future as life expectancy rises faster than the birth rate.

Barring a remarkable boost to the UK economy, irrespective of which party is in power, taxes will have to rise significantly over the next decade simply to keep pace with current (austerity) commitments by HMG.

[maxk] 10/7/2018 14:50

buywell

Are these your thoughts or did you nick em from a website? If so, can you put up the address, as I'd like to pass it along.

It's spot on!

[orinocor] 10/7/2018 13:59

Any more tips? LOL.

[orinocor] 10/7/2018 13:43

Ask Raffles the Gentleman Thug. He thought this was a no brainer at 290p. He knows what he is doing obviously.

[tfergi] 10/7/2018 13:34

Any particular reason for today's fall?

[leedskier] 10/7/2018 08:45

Simon French tweets
‏
A raft of economic data out of the UK at 0930BST. Production, construction & trade alongside Mar-May GDP. Recent data point to a sufficient Q2 bounceback to allay fears of a sharp slowdown. Would still represent the weakest backdrop to an (August) interest rate hike in >20 years.

[polar fox] 09/7/2018 15:35

TM on 231 from the Commons.

[leedskier] 09/7/2018 15:03

Ten Green Bottles.

[polar fox] 09/7/2018 15:01

Boris just quit!

[polar fox] 09/7/2018 06:45

Sunday evening, cable and FTSE initially were up, but fell a bit just before midnight as the resignations broke. Since midnight, FTSE has risen steadily, to around 7656 on IG as I type; cable now just a touch higher around $1.3300.

[leedskier] 09/7/2018 06:36

FTSE called to rise half a percent this morning. Will there be any fall out over David Davis's resignation?

[polar fox] 08/7/2018 14:08

A couple of weeks ago, I posted about the closure of my local NatWest branch. This weekend the 'To Let' board has gone up - I didn't think it was F/Hold.

Agents are GVA and, from their website, they have a huge portfolio of commercial properties on their books, many being old RBS/NatWest branches, either for sale or to let. They obviously have an inside track.

[smurfy2001] 07/7/2018 18:31

Come on England!

[gcom2] 06/7/2018 16:19

it makes no sense..
Morgan Stanley hikes price target for RBS, its ‘most preferred UK domestic bank’
13:00 19 Jun 2018
Analysts at the investment bank like Royal Bank of Scotland, which trades at a discount to peers despite offering “one of the highest shareholder return profiles in Europe”RBS now only has a small amount of litigation cases against it having settled the larger ones Analysts at Morgan Stanley have hiked their price target for Royal Bank of Scotland Group PLC (LON:RBS) in the wake of the UK lender’s US$4.9bn settlement with the US Department of Justice last month.

RBS was ordered to pay the sum, which was lower than what many had expected, for the sale of financial products linked to risky US mortgages in the run-up to the 2008 financial crisis.

READ: UK Govt marks Royal Bank of Scotland’s decade of woe with £2.5bn share sale
“Post DoJ we see more room for RBS to improve its capital structure reducing funding costs and increasing shareholder returns via share buybacks/special dividend,” wrote Alvaro Serrano and his team in a note to clients.

The analysts at the ‘bulge bracket’ investment bank estimate a shareholder return of 23% - through dividends, special dividends and £2bn of share buybacks - over the next couple of years given RBS’s relatively strong financial position.

“With 16.4% CET1 (measure of a bank’s financial strength) 2018E vs. our estimated steady state of 13.5%, we believe RBS would be able to pay out at least 100% of earnings in 2019/2020E once it passes the stress test.”

Serrano and co. add that RBS is their “preferred UK domestic name”, trading on 9x adjusted earnings compared with a sector average of 11.7x, while offering “one of the highest shareholder return profiles in Europe”.

They upped their price target to 335p (from 315p) and maintained their ‘overweight217; rating on the stock.

In afternoon trade, RBS shares were broadly flat at 256.5p.

[smurfy2001] 06/7/2018 13:54

Well this is going well isn't it?

- Large RMBS fine pretty much settled (TBC)
- Q on Q profit expected
- Dividend hopefully in next 6 months
- Potential share buy back

Share price further down.

Makes sense.

[leedskier] 06/7/2018 12:00

Hmmm I used my mobile phone this morning to grab the link. Apologies for the error.

[scamper] 06/7/2018 09:04

Thanks for correcting me, Sorry I saw it as 6 July rather than 6 June, did a search from Leedskier's post above. You know how it is, 7.50am, grab a cup of tea and check pc and note the first thing you see.

[polar fox] 06/7/2018 08:19

Scampi,

I have made several references to this old article, why are you posting it again?