Royal Bank Of Scotland Share Discussion Threads

[milliecusto] 17/2/2020 11:16

When's the next div date

[action] 17/2/2020 11:12

Government sold Lloyd's at 72p.Price never reached that level again.Will this be true for RBS as they say history repeats itself.

[smartypants] 17/2/2020 10:38

Mallys83
Sell a few and buy a calculator.
You are down £1100 at todays sp
Your "investment" offers you just over £40. for every penny of movement in the sp
So even if/when RBS hits 246p you will only have gained £400 less costs
You win some you loose alot in this game

[mallys83] 17/2/2020 10:22

I am at a stage now where I don't care anymore. I can leave my money in this share for years. I have an average price of 236p per share and have 10k in shares. I wont be selling them over £1000 down no way.

[mallys83] 15/2/2020 21:08

Jefferies has indicated that there is a high likelihood that RBS will buy back rbs shares from the government after 11th of March.

[gcom2] 15/2/2020 16:54

so bought back and cancelled, or given to the fat cats

[largeronald] 15/2/2020 16:47

The buffoon has to pay for his spending spree somehow...

[growthpotential] 15/2/2020 16:14

Indeed, but also why would the government sell at a 50% loss?

[smurfy2001] 15/2/2020 11:39

RBS Investors Approve Share Buyback as Bank Eyes Private Future



The bank plans to purchase up to 5 percent of its stock each year from the Treasury, which currently owns just over 62 percent of the bank following a bailout during the financial crisis. This proposal, which RBS called a directed buyback, comes after a worldwide rout for financial stocks last year that knocked more than a fifth from RBS's value.

[smurfy2001] 15/2/2020 11:20

I hope RBS buy and cancel the shares.

[chiefbrody] 14/2/2020 22:06

Aye i know ( disgrace) but even still, nowhere near 5%

[smurfy2001] 14/2/2020 19:34

Chief, Lloyds are continuously diluting their shares e.g., share bonuses. That's why the buy back isn't making a bigger difference.

[smurfy2001] 14/2/2020 17:21

gcom2, 4.99% is great i'd be happy with that.

[gcom2] 14/2/2020 16:00

for some unknown reason

[gcom2] 14/2/2020 15:58

buyback is capped at 4.99% of holding a year smurfy

[smurfy2001] 14/2/2020 15:53

With a cet1 of %16.2 they could afford to buy back from the government, cancel the shares substantially increasing shareholder value.

[growthpotential] 14/2/2020 13:44

Yeh I've added

[cfc1] 14/2/2020 13:12

smurfs - link for you. hxxps://investors.rbs.com/results-centre.aspx
Live webcast ended ...but they wll put together one you can watch soon.
I watched it. Rose did say they are looking at 'short term' buybacks soon - no specifics.

[smurfy2001] 14/2/2020 12:53

RBS need to use this opportunity to buy back shares on the cheap. What was the update on this as l cant view the webcast as yet?