Royal Bank Of Scotland Share Discussion Threads

[maxk] 05/5/2020 19:46

Perhaps British Bulls are not far wrong.

[portside1] 05/5/2020 10:13

Having read all the results docs , these are a super buy Next year good divs and share price well over 200p Is a cert so my advice is keep topping up when you can

[m1k3y1] 05/5/2020 09:18

CI....agreed and Thank you.

[dope007] 05/5/2020 09:15

Not good news for stocks

Germany constitutional court rules some ECB action illegal

[portside1] 05/5/2020 08:51

Net asset value ps 360p Sp 112

[dope007] 05/5/2020 08:40

Service PMi comes in at 13.4. Not a lot to say about a number like that.

[portside1] 05/5/2020 07:54

The gov should now give rbs a free roll and cancel there holdings

[chinese investor] 05/5/2020 07:50

m1k3y1,
I think if it wasn't for Trevor Hemmings (aka Manx) we would have been hung out to dry.
I'm also thinking in future there should be a legal code of conduct for "Action Groups".
Finally I'm thinking Signature have done a great job and hopefully they'll give us a detailed breakdown of the monies.

[barmiddleton] 04/5/2020 14:57

Just received my second interim payment today in the post. Pleasant surprise in that I expected an update from Signature before receiving this second payment. Unfortunately no real celebrations during the current lockdown......hope all you guys are well!

[m1k3y1] 04/5/2020 12:48

CI.....not sure I understand ?

[aljm] 04/5/2020 12:38

first couple of weeks of this nonsense, someone came out with one of the best lines to date, you want to stop worrying about CV19 , then turn off MSM.!!!

[portside1] 04/5/2020 12:36

The banks have lost nothing , it's only been 6 weeks Workers are going back to work ,and will start to pay there bills Or lose there homes , they will pay It's just the scum low life reporters Not of my family or friends families have any problems And those who never worked 2,5 m never had loans Ignore the scum press all is ok Thousands back to work today shops opening next week

[chinese investor] 04/5/2020 12:28

This is what I think :-

Chinese Investor (RBS) 18 Mar 2017 - 12:47:38
Thank You Trevor Hemmings !

[gcom2] 04/5/2020 12:26

smurfy the dutch seem to be beating british to the vaccine.

[portside1] 04/5/2020 12:26

I no of no one who is in financial troubles I do no some that are using the food banks just because they can , and when I say to them it's wrong they say this why should just the lazy idle dole people get everything

[m1k3y1] 04/5/2020 12:04

CI...another 20p would be very welcome but I suspect it might be closer to 10p ?
What are your thoughts.

[chinese investor] 04/5/2020 11:54

Thanks stav13...I've just received mine !

So we have received 50p from the settlement sum of 82p.

There is obviously Signature's (12p?) costs and Vannin's (4p?) settlement to consider but...
...we did get something (6p?) from the dozen institutions.

So we could get another 22p !

Take Care !

[maxk] 04/5/2020 10:08

Loan losses to pass £50bn as households and firms struggle in debt

Low-income households will need to aggressively slash spending, experts say



By
Tom Rees
4 May 2020 • 6:00am


Bank loan losses are expected to rocket to £50bn over the coming years as squeezed businesses and households struggle to cope with their debt.

Economists have warned the pace of corporate defaults could surpass the peak in the aftermath of the financial crisis as revenue completely dries up in the industries hit hardest by Covid-19.

Loan losses from businesses are set to rise to £26bn by the end of 2022, but defaults could continue for years longer, said Thomas Pugh, UK economist at Capital Economics, while a further £24bn could be lost on loans to households as unemployment spikes.

Britain’s biggest banks have set aside billions of pounds for bad loans linked to the coronavirus crunch.

“The risks are for even bigger losses approaching...

[tfergi] 04/5/2020 08:35

I thought Buffett was very bearish and the fact he hasn't invested is significant. Obviously he supported the USA and it's future, but for now I think he is expecting markets to fall

[smurfy2001] 03/5/2020 11:33

The promise of an Oxford vaccine reveals how a new Britain could thrive

[tradejunkie2] 02/5/2020 17:29

That's more than the current share price in old money ;)

[tradejunkie2] 02/5/2020 17:21

Today l enjoyed a day queuing at a tip site.

A great British pastime.