Royal Bank Of Scotland Share Discussion Threads

[cfc1] 15/1/2020 10:34

BubblingUp - cheers! Good post. Well I told the wife we should switch at $177 in JUly! We didnt! I think this is the next Apple. Musk has a cult following and I am now a fan ...SPOT ON re Space X _ I wanted that more than TESLA but cant...hopefully one day..
What is clear to me is that UK Banks are a waste of space as our most UK stocks!

I am watching premarket but think this is simply the future and could really fly with splits etc

[cfc1] 15/1/2020 09:02

AND JUST LOOK at TESLA now $540! It was only a week ago I posted at 470!
Leeds was right - why bother holding 'old fashioned' banks which were in vogue when Mary Poppins was made!

cfc1 - 08 Jan 2020 - 08:52:55 - 154203 of 154219 RBS 'A NEW THREAD II' - RBS
HNY all! Hope it was fab - we spent 18 days in Vietnam which was incredible and finally got my handsd on an AK47

Anyway, thinking that holding UK banks is now boring and starting to look at the likes of TESLA (mentioned before around $230) now $470 in less than 3 months.
So would welcome thoughts on here.

[delphiman] 15/1/2020 08:11

Hmmm!

People on here still think I'm talking rubbish when I predicted sub £2.00 this year.

I'll pop back when it is.

[leedskier] 14/1/2020 15:28

How FinTech is Shaping the Future of Banking

[leedskier] 14/1/2020 13:46

arja, yes house builders seem very perky.

[leedskier] 14/1/2020 11:32

The Guardian reports today that the markets think that there is a 50% chance of a rate cut on 30 January, which in large measure will be a reaction to yesterday's weak data.

[arja] 14/1/2020 11:11

leedskier,
seems I was WRONG about lower interest rates being some way off based on Board members recent comments . I guess that is why RBS is struggling but building stocks are roaring today and I opened a position with BWY . good luck !

[leedskier] 13/1/2020 08:29

ianwood, maybe so, we will see what approach Boris takes to competition in this vital sector.

Meanwhile at 9.30am there is a month on month data dump on the UK economy. The £ has had its sails trimmed ahead of that.

[ianood] 11/1/2020 18:22

154210 - Barriers to entry too well regulated and not as easy to shake up as retail. Take a look at the movement to online banking and the branch closures over the last two to three years by the main players.

[eeza] 10/1/2020 15:02

Or fiddle more.......without getting caught.

[leedskier] 10/1/2020 12:40

What Amazon has done to retailing, developments in financial technology will do to banking.

Banks will have to slash costs to survive.

[leedskier] 10/1/2020 12:31

Arja, indeed. My post was not intended to be negative but merely an explanation as to why RBS shares and the £ fell yesterday. In fact the £ has nearly all but recovered today.

[arja] 10/1/2020 11:19

leedskier.
But sterling has bounced a bit and lower interest rates are some way off . Obviouly brexit will damage the economy and question is to what extent but this will not be seen until well into 2021 I guess .

[nerja] 09/1/2020 14:48

PPi contractors RBS have had their contracts extended to end September 2020, KPMG have been brought with over 200 staff to help finish the claims

[leedskier] 09/1/2020 11:47

Carney's pessimistic comments today have not helped either RBS or the £.

[bubblingup] 09/1/2020 10:03

Definitely less boring than a bank...

[cfc1] 08/1/2020 08:52

HNY all! Hope it was fab - we spent 18 days in Vietnam which was incredible and finally got my handsd on an AK47

Anyway, thinking that holding UK banks is now boring and starting to look at the likes of TESLA (mentioned before around $230) now $470 in less than 3 months.
So would welcome thoughts on here.

[leedskier] 06/1/2020 07:52

Brent Crude above $70 this morning!

[tradejunkie2] 03/1/2020 21:33

This made me laugh even more.

Katie Murray Purchases 62 Shares of Royal Bank of Scotland Group plc. The stock was purchased at an average cost of GBX 232 ($3.05) per share, with a total value of £148.48 ($195.32).

[tradejunkie2] 03/1/2020 21:33

This made me laugh.

Ross McEwan is honoured with a CBE for services to the financial sector

[marcus wanky] 03/1/2020 16:11

How's the investments

[eeza] 03/1/2020 14:09

Banks just go from one fiddle to the next.
Get caught = Cost of business & s/hlders pay.
Goes right = management get big bonuses.

Gov use the remedial payments as clandestine QE.