Royal Bank Of Scotland Share Discussion Threads

[stewart_25] 04/6/2019 09:33

topped up - sold some before the ex divi date at 265 - kept some for the divi and back in again now. some movement here for sure through the year... AIMHO

[gcom2] 04/6/2019 09:06

got some more, i think we'll see that same 210-260 range of 2016

[buywell3] 04/6/2019 08:00

No those MP's won't want him in the last 2


Re my last post; this is what caused the last vCJD outbreak and it is now happening again

[maxk] 04/6/2019 07:52

Dont bank on it.

[polar fox] 04/6/2019 07:36

HuffPost:


Boris Johnson Building Big Lead Among MPs As Tory Leadership Race Hots Up.


Boris Johnson is way out in front of the Tory leadership race, with more than double the number of Tory MPs set to back him compared to his nearest Brexiteer rivals, his allies have told HuffPost UK.

Johnson is understood to have more than 80 Conservative backbenchers privately signed up - a quarter of the entire parliamentary party.

The former foreign secretary is also on course to win more than twice the support of fellow Leave campaigners Michael Gove and Dominic Raab, according to a highly detailed headcount of all 313 Tory MPs conducted for the Johnson campaign.
more....

All over bar the shouting?

[buywell3] 04/6/2019 07:12

A Macro problem that is going to affect ALL trading exchanges worldwide including commodity prices.


................ World Recession Risks Ramp Up ..................

.............. The cost of food is now going Up ..............


buywell posted a couple of weeks on African Swine Fever in China causing hundreds of millions of pigs to be culled as it has now affected ALL states in China and there is no cure and over 90% fatal.

This problem alone is causing Pork prices to spike in China as well as ALL meat and protein prices because pork is the number one protein of choice for Chinese.

Inflation in China is now rising due to this problem.
Pork prices look set to double by the end of 2019.

African Swine Fever has spread from China into Vietnam, North Korea, Mongolia , Cambodia and Honk Kong.



ALL of these countries are culling millions of affected pigs in an attempt to stop the spread of the disease.

ALL of these countries will need to import another meat product to replace Pork, especially China which has trade tariffs in place for USA pork.


BEEF is a logical alternative , and that might have helped the situation somewhat despite rising Beef prices following increased worldwide demand for it as a result of ASF.


................ THE GLOBAL PROBLEM NOW IS THIS ............... :

Mad Cow Disease has returned ... the disease that caused BSE in cattle in the UK and then was transmitted into humans as vCJD.


Brazil ... the worlds BIGGEST exporter of Beef has reported an outbreak of BSE and China has had to ban imports of beef from Brazil as a result.





BSE has NEVER gone away ... there have been several outbreaks in the USA since the vCJD crisis in the UK and one BSE outbreak just last year in Scotland.


GLOBAL INFLATION of protein prices will rise as a result of BSE / Mad Cow Disease in Brazil because other countries will also ban beef imports from Brazil to try to protect their human populations from vCJD.

Mad Cow Disease, BSE and vCJD are ALL prion diseases ... fatal within a year or so and no cure exists.

dyor
buywell

[leedskier] 04/6/2019 06:59

SYDNEY—Australia became the largest developed economy to cut interest rates in 2019, lowering borrowing costs for the first time in nearly three years to offset the effects of global trade tensions and a slowdown in China.

The move comes as market participants grow more convinced that the Federal Reserve will likely to cut rates later this year and follows a string of reductions by neighboring Asia-Pacific nations.

[ramco] 03/6/2019 14:28

Buywell...I've lost count of the times your advice on this chart has been accurate..
You own this chart...;)

[leedskier] 03/6/2019 09:51

"JULY 10, 1999

In what is believed to be the largest award ever in a personal-injury lawsuit, the General Motors Corporation was ordered today to pay $4.9 billion to six people severely burned when the fuel tank of their 1979 Chevrolet Malibu exploded after a rear-end collision.

The verdict was reached by 12 jurors in state court here after a 10-week trial in which the accident victims had produced some evidence purporting to show that General Motors had known the car's design was unsafe but had not changed it because of the cost."

...

Boeing must be hoping and praying that the claims for damages are not decided in US Courts.

[gcom2] 03/6/2019 08:43

bought 2nd lot,avg 216 now, ppi ending, great yield, it's a gift at this price

[blusteradjuster] 03/6/2019 08:17

Ron/Lom,

What’s the point trying to reason with these halfwits?

Maintaining the cognitive dissonance must be overloading the few brain cells they have anyway.

[ahmedbin69] 02/6/2019 11:51

What happened here when I left for travels Rbs was around 300p

[m1k3y1] 01/6/2019 18:51

agree with that Bar

[barmiddleton] 01/6/2019 18:29

The way I look at it, frankly, is that any further funds we receive will be a bonus, I'm certainly not holding my breath!!!! I just want some justice in that Walsh gets convicted of fraud and sent away for a long time. Again, though I'm not holding my breath.

[m1k3y1] 01/6/2019 13:46

All speculation CI.
At the end of the day, I am afraid it will be what it will be.

[chinese investor] 01/6/2019 13:07

And Remember :-

The 82p genuine claimants "owned" 244,000,000 shares (Pot being £200 million).
We were recently told there could be 90,000,000 "phantom" shares.
i.e. 154,000,000 genuine shares.

Pot could now be £126 million with possible Total Costs being £37 million !
i.e. Payout would be 58p per share !

Worst case scenario -> Total Costs being another £29 million -> 39p per share !


We have received an interim payment of 30p !

[chinese investor] 01/6/2019 12:44

Ball Park Numbers :-

1) "The Action Group" to receive no new money
(IN COURT 2020 - They want another £20 million)
(they have received £8 million "contributions")

2) The Early Funders (i.e. Vannin) to receive £5 million
(IN COURT 2020 - Vannin want £14 million)

3) The Corporate Claimants to give us a couple of million
(IN COURT May 2020)

4) Small claimants to be given a refund on a proportion of their "contributions"
(slim chance of happening)

5) Gerard Walsh to be investigated

Total Costs :-
Signature (£24 million)
Vannin (£5 million)
Bird & Bird (£6 million)
"Action Group" (£2 million - they paid B&B £6 million)
Total Costs to be £37 million

Total Pot should be £200 million but it could be a lot less due to "phantom shares" !

[m1k3y1] 01/6/2019 12:24

Not quite sure that american law has any merit in British courts though ?

[chinese investor] 01/6/2019 12:15

Opis Asset are almost certainly the main Creditor !

All loans were achieved in the expectation that the RBOS Shareholders Action Group would be getting £20 million !

[barmiddleton] 01/6/2019 12:00

Interesting stuff CI, unsurprisingly it's an extremely tangled web we are looking at. My first instinct was, if it was Gayle Dunn's company that loaned Walsh (either directly or through the AG the £1.4M then the Company would be the creditor and not Gayle Dunn. In any case it seems irrelevant whether or not she will want her money back, the AG has insufficient assets to repay her. It would appear therefore that she was told, and she accepted, that she would be repaid once the £20M was received by Evalusafety then disbursed to Walsh and his cronies. Interesting times!!