Royal Bank Of Scotland Share Discussion Threads

[stonedyou] 27/2/2020 14:25

Iran's coronavirus outbreak is bizarrely reminiscent of the Black Death

[delphiman] 27/2/2020 14:23

Think this corona virus is now overplayed in the stock market, its wiped out over a years worth of gains in a week.

From The Gardian

Why is this worse than normal influenza, and how worried are the experts?
We don’t yet know how dangerous the new coronavirus is, and we won’t know until more data comes in. The mortality rate is around 2% in the epicentre of the outbreak, Hubei province, and less than that elsewhere. For comparison, seasonal flu typically has a mortality rate below 1% and is thought to cause about 400,000 deaths each year globally. Sars had a death rate of more than 10%

[arky25] 27/2/2020 14:14

yes I think there could be a buying opportunity this next week - prices nearly down to 2008 levels and bank in a much stronger position.
As usual media blowing things out of proportion and scare mongering.

[stewart_25] 27/2/2020 13:25

could be very good for my bank account this virus.. some serious buying to be done soon i think with prices dropping as much as they have. Sorry that sounds callous but the world keeps turning...

[smurfy2001] 27/2/2020 13:21

Coronavirus: Two new cases confirmed in UK

[smurfy2001] 27/2/2020 13:11

I'm not surprised to see all stocks getting hammered this virus is still out of control.

New British coronavirus victim 'stayed at Tenerife quarantine hotel': Derbyshire school shuts as parent tests positive after returning from holiday – while another Brit who went to Italy is diagnosed with the deadly infection

[portside1] 27/2/2020 09:01

Rbs is a gift to holders to buy its a cert

[stonedyou] 27/2/2020 08:38

Mooooooooooooooore life booooaaats!!!!!Mooooooooooooooore life booooooooooooaaats!!

mooooooooooooooooooooooooooooooore moooooooooooooooooooooooore life boooooooats!!!

[portside1] 27/2/2020 08:29

It Is the press that is coursing the panic it's gone over the top big time ,Flu kills thousands ever year and as for 100 years there is nothing new

[portside1] 27/2/2020 08:26

Added another 7020 at 189 294

[stonedyou] 27/2/2020 08:24

Maaaaaaaaaaaaaaaaaaaaaaaaaan the liiiiiiiiiiife booooooooooooooooooooats!!!!!!

[leedskier] 27/2/2020 07:06

IG's FTSE100 opening call is -2.45%.

[smurfy2001] 26/2/2020 17:13

Part of China and Italy are like Ghost towns. This has to be hurting the economy. I'm avoiding as much contact as possible.

[tfergi] 26/2/2020 14:15

Do we think that is the virus keeps reporting more cases we will enter a correction then bear market with the FTSEMore and more cases are being reported

[bookbroker] 26/2/2020 08:23

These had good results, beat forecasts on an underlying basis which is what matters, getting out of marginal businesses where they have no scale, so it is in a good position. Will go with the general trend, but Govt. holding a positive, acts as a back-stop.

[delphiman] 26/2/2020 08:08

normally the first time this breaks through the £2 boundary you get a bounce above it, not just a through the day bounce but an over night one so I'd expect this to raise its head again before going south for a while after that, possible 1 Qtr results may pull it up if there good but since most are reporting poor results at the minute who knows.
Think the corona virus is over rated as 2% of people who get it die as apposed to .5% of people who get the flu die.
It will cause disruption to businesses but I would have thought minimal really.

[smurfy2001] 25/2/2020 12:48

Until there's an improvement in the outcome regarding the virus (which there isn't) the markets will continue downwards.

This is very negative for global GDP.

[leedskier] 25/2/2020 12:27

The £ has recovered from yesterday's fall.

Unfortunately the same cannot be said for bank shares.

[leedskier] 24/2/2020 17:26

Quite. Posturing by an unpopular french president. A political tactic adopted by Leo Varadkar and it didn't help him.