Royal Bank Of Scotland Share Discussion Threads

[cfc1] 29/4/2020 09:03

Cant argue Dope. The markets are always a risk. So best you do nothing but its at times like this that some stocks can be bought and tucked away for a couple of years.

[dope007] 29/4/2020 08:56

It is cheap cfc1 most definitely. Probably a good long term buy but I still think this general rally is close to running out of steam. Record PE's and thats before the trainwrecks of Q2 qnd Q3. It has takens 10s of trillions of CB cash to get this bounce, so how much more to continue it? How can countries justify this debt to taxpayers? USA $23 trillion and rising very fast. All this debt hitting corporate balance sheets? All going to be a drag on future growth which rising asset prices have zero effect on

[cfc1] 29/4/2020 08:49

Dope - sure. But at 115p or 11.5p in old money this stock is cheap....im a buyer here. rates are not falling - they HAVE fallen to more or less zero%

[tfergi] 29/4/2020 08:35

Q2 results will be horrific across the board. Markets think Q3 will be fine by the looks of it.

[dope007] 29/4/2020 08:20

CFC1 the mkt is not pricing in Q2 and Q3 because they are going to be a lot worse and falling rates is a killer for banks on net interest rate margins

[dope007] 29/4/2020 08:19

tfergi. when you look at Google last night they missed on earnings due to a big reduction in margins. Mkt says we expected worse!! Google profit warned!! and it was a pretty large profit warning. Now consider it was Q1 which ended in March and lockdowns and effects started late March then the mkt reaction once again is mental.

Then again money supply from CBs is shooting up as they continue to enrich the few and dump the debt on the many once again

[cfc1] 29/4/2020 08:11

smurfs - Barc up on disasterous results. Fact is that the whole world knew - let alone the stock markets, that results will be dreadful and so I expect RBS to rise on Friday after equally terrible earnings call.

[portside1] 29/4/2020 07:58

C8888888888

[tfergi] 29/4/2020 07:13

Banks and oils continue up after the first quarter updates from BP and Barclays.Personally I find these rises unbelievable but perhaps the markets were expecting much worse. Maybe stocks have found a floor and all the bad news is already priced in

[tfergi] 29/4/2020 06:52

The MSCI Asia Pacific Index advanced 0.6% as of 9:31 a.m. in Hong Kong, taking its rebound from a March 23 low to 20%. This will make it one of the last major regional gauges to enter a bull market, weeks after those in the U.S., Europe, Southeast Asia and Latin America. Energy shares, the worst performers in the early part of the year, and drugmakers are leading the Asian rebound.The world is in a new bull market....

[pander45] 28/4/2020 23:29

Keep your fingers over the sell button folks, the next leg down is coming and could be really brutal aimho.

[arja] 28/4/2020 19:13

nice mini breakout and might have a bit more in it - but quite dangerous as downtrend has not yet been reversed ,

[dope007] 28/4/2020 18:05

Trade wars bullish?

[sux_2bu] 28/4/2020 17:48

dope007, STFU

You need to get mental health assistance.

[dope007] 28/4/2020 17:46

And when it does, watch out below. Because at that point markets will realise they are powerless to stop the economic collapse, because all they did was steal from the workers and gift it to themselves. You cannot keep stacking debt

Take a look at this chart on twitter to see how powerless they have already become

[smurfy2001] 28/4/2020 17:42

Central banks rule right now best to go with the flow until the fizz runs out.

[dope007] 28/4/2020 17:35

Thinking more I don't see how this does not end very, very badly

Trillions more debt combined with a total collapse in tax revenues means governments are financially screwed

Companies balance sheets saddled with much more debt and rising tax rates will simply sack people. And that is only those that survive this.

The leisure industry is finished. social distancing bankrupts ALL of it in less than 6 months

Savers have already been destroyed with interest rates, as have pensioners with worthless annuities due to low rates, so they cannot spend in an opened up economy later down the line

Noone who is bullish is thinking through any of the basics

[cfc1] 28/4/2020 15:45

gcom2 - it depends how far you go back re 300+ Note HSBC ended up on the day with appauling results (as expected) and massive bad debt provisions. RBS can, for a change come up with terrible results and probably rise on the day. Given down to the equ of 11-12p!!

[gcom2] 28/4/2020 15:44

NZ back to normal today, basically they had a month holiday

[gcom2] 28/4/2020 15:41

cfc it was 300+ pre brexit200+ brexit100+ corona

[cfc1] 28/4/2020 15:24

smurfs - spot on. I think you will do fine. RBS results will be bad and expected with billions set aside. But at an share price which has dropped 140-150p since Brexit (remember that word??) Dec 16th then not much downside I reckon.

[sux_2bu] 28/4/2020 15:00

Next leg down for the market on it's way.

[delphiman] 28/4/2020 12:27

My pension fund works on the FTSE index which is really, you buy a unit of that, you purchase a unit of each of the 100 companies it represents, so raising the FTSE by 10% just means I lose 10% even though in the long hauls it will be better but fact is it could have been further better by 10%.
They take my money of the 27th of the month but the purchase doesnt happen until around the 7-10 of the following month meaning they take the money off me when its about 10% lower and sell it to me when its already 10% higher.
That's the issue.
I decided while the market was down to fund my pension by a further grand each month as the FTSE fell to something like 10 years lows, I want to maximise on the return to normality.
Its so obvious how they are creaming off the top of my investment.

Looking for 70p - 50p on RBS really as Boris Johnson is right, we haven't locked down this far to just let everything loose and it flare up again, this is a flat top peak and the damage to everything will be ongoing.

Off Topic,
My neighbours are 70+ 80+ and they are having different family members visit them nearly every day bringing there grandchildren
there daughter even works for the NHS.
They do stay 2 meters apart but I just want to shout at them
Why are we suffering pay cuts like I have 10%, why are jobs at risk, why is the government forking out all this money, and why will my tax be going up after all this to replenish the pockets of the government,
Its to protect people in their age demographic and this is how they repay us for our sacrifice.

But because it isn't law, nothing can be said or done, my brother's but one neighbour had a party in the garden with people visiting so he sprayed the garden hose on all of them lol

[smurfy2001] 28/4/2020 12:15

Very strong CET1 ratio.
RBS will weather the storm.

I will make easy money here when the storm blows over.

[portside1] 28/4/2020 11:06

Del these are under valued by at least 100p so do not worry