Royal Bank Of Scotland Share Discussion Threads

[johnbuythedips] 19/5/2020 04:55

There is a lot of divided opinion on UK Banking stocks at present. IMO this will get dragged up, there is too much stimulus in the market and more 'ammunition' to come to justify selling into anything right now.

[portside1] 18/5/2020 20:39

Finished at 110 in the USA

[buywell3] 18/5/2020 20:17

Large sells towards the end have IMO got this right


Markets have now been pumped by loose FED policy to a distorted state IMO


Up circa 1000 points the day that a 30% drop in the USA economy is talked about in the current quarter

And USA have circa 20% unemployment

A second Covid-19 wave in the USA now lockdowns have been released will IMO cause a bigger down leg than the first

buywell sees 15000 DOW coming

IMO dyor

[sux_2bu] 18/5/2020 18:45

Ooft, the DOW, the DOW!

RBS gonna have an erection takeoff tomoz.

[portside1] 18/5/2020 17:19

Delp, do you think the world is going to end ,like this month

[delphiman] 18/5/2020 16:13

Seagreen, Because the picture is bigger than the little piece your seeing right now, like leeds says people cannot be given too much information, they need to digest it a little bit at a time, dominoes topple and push over the next, I agree its free money at these level over time, Its more of, hey there could be even more free money, everything is always over shot in the market and RBS has only just managed to get to the point of paying dividends which will probably not happen this year, The predicted retraction of the economy at the next quarter is 1/3 loss, So its not about is RBS good in the long run its more I dont think its bottomed out yet, Hek at this rate the country may even go bankrupt if it keeps giving money away like it is, and if it doesnt give it away the outcome can be just as bad.
Print more money ?, well that will just devalue the £ and cause massive inflation so, we are in a very tricky place right now, and the next set of financials will be awful. and all this money they aer giving away who is paying it back ?

You and me.

We where headed for a crash anyhow but this is one way of having it and not having to take the blame that you messed the economy up.

News out now 2,600 more cases in Britain, thats an increase in new cases.
and today they have said if you have symptoms you can have a test at last, we can actually have a test.

We really need a test that states if you have had it and do you currently have it now, that would be better.

[portside1] 18/5/2020 14:57

Antibody and cure

[portside1] 18/5/2020 14:57

Sorrento. Have a vaccine there shares are up 32%That is why th3 markets in the USA are up big time

[nemesis6] 18/5/2020 13:52

barc percent rise almosst 3x this??? what gives

[seagreen] 18/5/2020 12:20

Delph...what is not to like the banking system is awash with confetti money and RBS is allowed to charge interest on govt backed loans at circa 12 percent fab biz if you run a bank

[sux_2bu] 18/5/2020 12:17

You any more of the ganja ?Lmfao

[delphiman] 18/5/2020 11:58

if it breaks £1.02 and stays there the waterfall will begin again.

And since most other countries who have eased lockdown are now getting another spike, to follow what they are doing is just ridicules.

Glad to hear that everyone in scotland who shows symptoms can have a coronavirus test now.

Shame We in England carnt have it,
Its also Nice that Scotland dont pay for there prescriptions, Would be nice if the same government would allow British people the same courtesy.

[delphiman] 18/5/2020 11:39

I also think the government pushing for the banks to give out loans to businesses, just puts people further into debt and the more likely filing for bankruptcy would ensue at some point, its a real toss of the coin gamble at the minute.

[delphiman] 18/5/2020 11:33

Its all a gift if you hold long enough, just personally dont think we are at the bottom yet, could be wrong but I'm expecting 50-70 ish pence on this at some point.

[portside1] 18/5/2020 10:20

Rbs have so far up today only lent out the money saved from div , it's all out there, They are to busy giving out goes 100%backed up loans at no cost to the bank

[portside1] 18/5/2020 10:14

Have added a few more lots today , I think it is a gift Year end 200p for sure

[delphiman] 18/5/2020 09:17

Leeds, yer I've heard that as well, And I do hope so, but I have little faith in that though as its a Corona virus and they come round every year, and that would point to it coming back and back and back like all the other corona viruses do year on year after all it is the same virus just mutated.
I do hope your right though.

[maxk] 18/5/2020 08:36

This will fix the problem..

[aljm] 18/5/2020 08:31

there was rumour that the virus has a 70 day life cycle, no idea if it is true, Trump did mention that we night not even need a vaccine,if the 70 day cycle was true, that would make a lot of sense

[leedskier] 18/5/2020 08:28

The alternative view, which is gaining some traction, is that Covid-19 will just burn itself out, as happened with SARS and MERS.