Royal Bank Of Scotland Share Discussion Threads

[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.

[delphiman] 18/5/2020 08:03

I was speaking to a couple of police officers the other day and they were saying we are going to have a second spike, they know what the public are doing and its on its way.
They are only slowing this thing down, if you are destined to die if you catch this thing you will be dead still, your just having extra weeks in your life right now because it has had the breaks put on.
I mentioned about the NHS saying they expect hospital to have to abide by the 2 meter distancing for a time period of 1 to 2 years, the police confirmed this as well.
with only 1/4 of people been able to occupy public spaces than before, for such a long time period, Business are going to fall like rain, I even heard councils are asking for subsidies, and we are still all paying our council tax, and those who rent pay that to, so why are they needing more money, they get the same money and are not giving the same amount of service back due to lockdown as before.
I saw road traffic vans are back in action, they will have felt the dip in there revenue.
If your furloughed you have less money, if your not your company may have asked you to take a reduced salary like Mine has,
Our economy has shrunk by 2% and they are expecting as much as a third by next quarter. We will officially be in a recession then, we are delaying the virus so why did they ever tell us it would be more like a "V" dip in the economy, a prolonged delayed plan was never the grounds for a "V" type dip. its always been a prolonged "________________/" type dip plan in the first place and we are not really saving lots of lives which this structure, and the only lives this is really saving are those people who are on the border line with there breathing, if your ill and can breath then they dont do anything, if you struggle to breath they put you on a ventilator and if you get worse you die, so its that section in the middle they are able to help and only them, the ones on the fence which could go either way as they have no other treatment, just a ventilator at the moment.
after this comes your tax increase and most are already paying for it right now with a reduced salary, then will come your council tax increase.
Perhaps business rates increase, but possibly there reduction either way, if they increase it there is only 25% of the footfall as previously if they decrease it the councils dont get the revenue's they need and will have to put council tax up further. Which ever way round you look at this we are screwed for a very long time,
It was always said councils dont have recessions, Well they will this time.
If anyone thinks there is light at the end of this very long tunnel, then your probably right but it might look like a man on a push bike with a dynamo.