Royal Bank Of Scotland Share Discussion Threads

[chinese investor] 30/1/2020 16:44

"A group of institutional investors including units of workplace pension provider Scottish Widows is bolstering their fight against claims they should contribute to costs paid to secure a £200 million settlement for Royal Bank of Scotland PLC shareholders.

The investors were sued in High Court by Manx Capital Partners, a firm that now represents thousands of RBS shareholders who struck a settlement with the bank in 2017 over allegations it misled investors in its £12 billion rights issue.

In an amended defence filed Tuesday, the defendants held firm that they're not liable to pay a share of the costs........."

[gcom2] 30/1/2020 12:10

thanks, 2 for 7 against. this sector seems to to have exhausted bad news in my view

[gcom2] 30/1/2020 09:20

what time thanks

[leedskier] 30/1/2020 07:51

BoE resets the interest rate today.

[mallys83] 29/1/2020 11:02

Upward trend now. Probably will reach 240p by 14th Feb.

[eeza] 28/1/2020 16:44

Yes, down to 217p even tho market up 70pts.

[delphiman] 28/1/2020 16:38

hxxps://www.sharecast.com/news/broker-recommendations/barclays-downgrades-rbs-to-underweight--7234374.html

[delphiman] 28/1/2020 16:07

Nearly there.

[leedskier] 24/1/2020 09:39

Guardian


The British economy performed more strongly than expected in January, according to figures released on Friday, raising the likelihood that the Bank of England will hold interest rates next week.

The latest PMI data – a monthly snapshot of the UK economy – came in at 52.4, with any score above 50 representing growth. Last month’s figures came in below the benchmark.

[leedskier] 24/1/2020 09:36

The data was positive. £ rises as the prospect of an imminent rate cut fades.

[leedskier] 24/1/2020 08:39

At 9.30am flash PMI data in manufacturing and services.

This data which is posted every month reflects polling of purchasing managers and should give an insight as to whether there has been a Boris (Brexit) Bounce.

Relevance -- whether there will be a 0.25% rate cut this month.

The £ is rising strongly in anticipation of the data being positive.

[mallys83] 23/1/2020 16:36

I am down £700. I made a mistake investing in rbs and paid 236p just a couple of weeks ago. My total holdings are £700 down in rbs. I hope this comes back up and I can recoup my loss.

[eeza] 23/1/2020 14:26

Bounced off the 200MA.

[babazurie] 18/1/2020 15:19

US Markets (apart from RUT) can keep going up as long as FED supports it with its "Not QE" pumping liquididity into the markets activities, plus buybacks by companies of their own shares.

FED has its back, so buy the dips retail and algorithm traders.

[mallys83] 17/1/2020 15:56

Added 6k to my holding in advance of divvy 15p circa to be declared mid Feb

[cfc1] 17/1/2020 12:12

think the Dow is due a big correction....gone up massively - like TESLA and cant keep rising in this straight line.

[leedskier] 17/1/2020 11:09

The US now has 4 companies with market capitals in excess of $1 trillion.

[cfc1] 16/1/2020 15:54

US DOW, Nasdaq and S&P smashing new records - daily. Meanwhile UK plc as totally and utterly boring as ever.
RBS - down as usual pathetic really at equ of 22p!!!! TESLA down today after massive 6month rise from $177 to $540.
I am now totally sure that its a waste of time investing in UK stock ...its only taken me 15 years to work that out - yep - total genious!

[eeza] 16/1/2020 14:36

People keep selling.

Unfair.

[mallys83] 16/1/2020 14:28

Why does this keep falling? I am down over £500 just since friday.