Royal Bank Of Scotland Share Discussion Threads

[ramco] 01/8/2019 17:18

Dope very good to hear lols he has always showed promise from what you have said...inevitable he has delivered with a first...😊 I think your being modest...lols

[dope007] 01/8/2019 14:59

Ramco, my lad got a first class honours in Maths from Warwick. Now works down in Fareham on autonomous software for ships!!! The lad gets his brains from his mum, as it definately ain't me!!

[dope007] 01/8/2019 14:56

Who reckoned I was dead!!!!! Just been trading in and out of Tesla on the short side. Currently have no position on it at all. Mainly doing small trades on indexes and generally watching from the sidelines. Banks looking very cheap, but as we all know they can go a lot cheaper and Deutsche bank is the real worry. Have the UK banks cleaned up their books as I haven't looked for a while. Barclays clearly still a no, no, but LLOY/RBS?

[tradejunkie2] 01/8/2019 09:32

Buywell3, You really need to get out more and enjoy life.

[buywell3] 01/8/2019 09:23

UK markets IMO will be 20% lower by this xmas

If I am correct then I don't think buying Banks is the way to go

dyor

[smurfy2001] 01/8/2019 09:18

No PPI provisions for Barclays also and still money in the kitty. CET1 icreased slightly so they've done OK.

[cfc1] 01/8/2019 09:04

BArclays smash numbers! Augurs well for RBS tomorrow. Big divi and good results will lift shares. But then US talks of rate cut and RBS got hit 15p last two days. SO with great results tomorrow all we can at best achieve is back to 230!
BUT a massive interim divi will really get big corp looking again!

[buywell3] 01/8/2019 07:53

--------- US rate cut has clobbered the DJIA -------------

UK markets will not I believe just shrug this off , though I think they were anticipating such an outcome yesterday.

The UK needs a rate rise to combat growing inflationary pressures , hence Boris must get rid of Carney forthwith and install a Brit in his place .

Carney has been proved wrong, wrong, and wrong again with his dire predictions regarding Brexit. He wants England to stay in the EU


The US will IMO cut rates again before xmas and again next year to try to stave off a worsening USA slow down going into 2020 which will become more obvious in coming months as further company numbers get released.

buywell is a great believer in letting the property market be your guide as banks are highly exposed to it.

USA since 2017

----- Foreigners Stop Buying South Florida Homes, Sales Crash 50% ------


Not just Florida either, the US property market drops approx 1 year before the UK property market follows suit. Not many folks know that --- now you do.

Hence I believe pain is on the way and the Tory Government know because they are soon to cut stamp duty to 0% on houses below 500K.


They are NOT doing this for our benefit



It is for the benefit of the Banks and mortgage providers , to try yet once more to prevent a property price correction which is now over 7 years overdue chartwise V past corrections.


New entrants , first time buyers , will be the ones to get shafted once again.

[smurfy2001] 31/7/2019 22:43

Dope, long time what you been upto?

[ramco] 31/7/2019 22:08

Dope me old china, good to see you in print.seriously PF was implying you were dead...the fracking grade A prig:)

2008 x3 and stinking to high heaven...;)

Trust all well with you all and mathematical genius continues to astound;)

PS Still enough old hands on here who remember the old adage that "the market" a misnomer (if ever there was one) will remain irrational longer than one can stay solvent only on steroids...chickens will come home to roost...one cant argue with maffs..lols

PSS thought when I saw Vix spike today..hey that's Dopes' trade..;) how they've kept that docile Is truly outstanding...guess ctrl+P has opoided all even the freaking algos lol now that's a feat...think back on all your comments regarding buybacks et al...all have come to pass;) made for some very bountiful pickings;))

[smurfy2001] 31/7/2019 17:00

Well at least agree to that

[cfc1] 31/7/2019 16:01

irritating but not bothered...Profitable bank, back to divi's, huge cash reserves. Just Brexit getting in the way.
Way way undervalued !!

[dope007] 31/7/2019 15:23

Getting back to 2008 levels again isn't it?

[tradejunkie2] 31/7/2019 13:24

Brexit Boris effect kitty cats.

[buywell3] 31/7/2019 11:56

buywell3 - 03 Jun 2019 - 07:05:53 - 152712 of 152952 RBS 'A NEW THREAD II' - RBS

RBS chart has weakened looks like 199p could get tested within days IMO

[buywell3] 31/7/2019 11:53

FED rate cuts are now going to whack the UK Banks

It is now happening and the cuts will be this week , another before xmas and one next year circa june/july.


Boris needs to get rid of Carney pronto and get a guy in that knows his stuff.

Carney got it wrong with his early rate cuts

We need a BOE Governor that believes in Brexit

We also need the GBP now supporting with a rate rise NOT a rate cut ... which is most likely what Carney will do , because he is a May/Hammong remainer stooge

[gcom2] 31/7/2019 11:17

Agree polar fox, looks like it will yes 200 again, although can't see it much lower than that given the yield.

[polar fox] 31/7/2019 09:37

gcom,

I was already dubious on Monday. Given the 15p drop since then, any notion of cup or bowl is totally dead. It was a bit of fun for a couple of weeks....

[polar fox] 31/7/2019 07:51

I don't think the half-yearly from LLOY is likely to improve things generally for the sector. The dividend increase has come in just below market consensus too.

[buywell3] 31/7/2019 06:58

Silly LLOY as the UK property market goes into meltdown
Clever TSCO getting rid

If the EU want an Irish Backstop at the border

Let them sort it out and pay for it

On their side of the border

[buywell3] 30/7/2019 16:26

FED to announce the start a rate cutting program in the USA

EU and the UK to follow

China et al to join battle in the 2020 currency wars which is already underway

[cfc1] 30/7/2019 14:52

pathetic overreaction....now almost same price as start of fy19!

[tfergi] 30/7/2019 10:00

Why the large drop today? Something to do with impending results ?

[smurfy2001] 29/7/2019 15:05

cfc1, wow 9p would be cracking. BARC take note lol !