Royal Bank Of Scotland Share Discussion Threads

[smartie6] 28/3/2020 07:57

Pure madness. Banks will need the capital buffers. They cannot afford to pay dividends at this stage. They will also need government support at some stage and they need to be seen as acting with a moral compass. That said dividends are the least of the banks concerns with default rates set to rise.

Before this we had 8% zombie businesses in the U.K. On day one we’re looking at losing a further 4%m for you who can’t add up that’s 12%. Significant default rate.

Added to this that many SMEs will need to prepare forward looking cash flows as well as P&Ls forecasts, in which many won’t have a clue, plus inability to source an Accountant to assist, access to bridging loans will be shear impossible. What you have to remember the principles of lending do not disappear or fall away over night. Realistic cash flows and serviceability will be subject to stringent testing. Delays assured, plus where are banks going to get the extra experienced lending staff to look at lending propositions and turn these around. You’re looking at months before a business will be able to look and gain access to, if at all, to cash. Could be seeing business failures running at 25% by then. Remember we still don’t know how long this partial lockdown lasts. We’ve yet to go to full lockdown!!!!

DYOR, but would I personally invest in this market for the next 6months with false bottoms after false bottoms assured, no, not for me.

Once again do your own research, and when assessing access to bridging loans think about the principles of lending, time frame, and basic requirements for a business lending proposition to be assessed.

[tunguyen] 27/3/2020 16:45

Does not make any sense, £8m purchase £6m sell yet share price drop 12points!

[smartie6] 27/3/2020 16:42

Stonedyou I will tell you I told you so.

[stonedyou] 27/3/2020 16:41

"Finally, dividends are public promises. Breaking them is both embarrassing to management and damaging to share prices. To tarry over raising dividends, never mind suspending them, is seen as a confession of failure"

[polar fox] 27/3/2020 16:37

If you want a laugh, Gove is going to lead today's news conference. One of the worst liars in this government.

[smartie6] 27/3/2020 16:21

I like fox he always brings a laugh to the table.

[polar fox] 27/3/2020 16:19

Now the Chief Medical Officer is self isolating. Symptoms last night.

[maxk] 27/3/2020 15:38

What are you doing in mufti?

[avatar333] 27/3/2020 15:31

155428

;

[polar fox] 27/3/2020 15:05

181 new deaths in the UK, to 759. Momentum building. I've shopped twice this week, but it might be wise to pause for a few days, methinks....

[joe king1] 27/3/2020 14:40

Carry Symonds might be carrying more than her surname.

She's had Boris's bell end in her mouth.

[gcom2] 27/3/2020 14:14

joking aside, i think boris is truely a great leader in times like this, so I hope he will be ok

[wpcfoxthespellinpolis] 27/3/2020 14:02

I'm right all the time. wotcha spellin, or eye'l fone the polis.

[polar fox] 27/3/2020 13:50

The low on Monday was 102.45 - that level is much more important than 120.

[smartie6] 27/3/2020 13:44

Lol.

If this breaks 120p. Going down fast thereafter.

[gcom2] 27/3/2020 13:43

get brexit done (cough)

[largeronald] 27/3/2020 13:04

It's Dominic Scummings that has the virus - the Buffoon is just doing his coughing for him.