Royal Bank Of Scotland Share Discussion Threads

[sux_2bu] 05/6/2020 11:28

Gcom 2, you these loans back, they will close down.I have one employee left on furlough only because they refuse to return to work. The law is presently on their side at the moment, but will be unemployed very soon. I got the 10k grant and self employed furlough money. In last 5 weeks since reopening after 5 weeks closure, I've took on 3 new additional staff this week. In hind sight, I could have took a maximum government loan and went bankrupt, as many are doing., however, my business has made 6months worth of profit in the last 5 weeks while other businesses owners in the same sector choose to remain closed and utilise furlough. Daft fukers. Who's paying those loans and unemployed people, the tax payer.Mortgages, car loans, etc, are going to take a massive hit soon.

[maxk] 05/6/2020 11:17

Yep, demand for social security. Mega growth.

[gcom2] 05/6/2020 11:12

Demand rises as furloughed phase out?

[maxk] 05/6/2020 11:06

They are still being paid by the gov.


When the free money stops ... ?

[gcom2] 05/6/2020 11:04

I don't know a single person who has lost their job yet. Most work from home, or are key workers, and a few furloughed.

[sux_2bu] 05/6/2020 11:03

The market is way ahead of its self.There is mass unemployment coming in the next couple of months.The blue days cannot be sustained. Prices are way higher then their 20 ma. Gap ups continually, you just know there will be an ugly turnaround, the only question is, when.

[phil2003] 05/6/2020 11:01

My 113p RBS long from this Monday now showing 1,805 pips profit..
which is nice

[smurfy2001] 05/6/2020 08:59

Looking at my portfolio chart it's a V shaped recovery at the moment.

However I haven't recovered all the value lost due to Covid.

[kaisersuzae] 05/6/2020 08:58

Rbs def - I have my pensions in US stocks and they have been doing very well.

[cfc1] 05/6/2020 08:52

trouble is we will get through this yers favourite word - Covid and return to our previous fav - Brexit which will probably stall the UK market in 2nd half of 2020!!
Agreed RBS are massively under valued but I increasingly look to US stocks as far more exciting/growth rather than boring old UK stocks? You know my favourite is TESLA but they are at $900 and RBS are at next to nothing. Now the question is will Tesla double this year or RBS!

[kaisersuzae] 05/6/2020 08:42

I see this easily back up to 220 working next two months as Covid restrictions are relaxed. Agree leeds

[leedskier] 05/6/2020 08:31

cfc1 not my words but the Telegraph's.

I posted last week that this should recover to 250p regardless of profitability and dividends.

[cfc1] 05/6/2020 08:25

Leeds - thought you had 'left the building'.. It was BZ to the Upper Yardies today!
What shares being propped up? RBS certainly not one of those - 260p and that was poor six months ago now destroyed!

[gcom2] 05/6/2020 07:53

V shaped recovery, definately

[leedskier] 05/6/2020 07:29

shares are being propped up by central banks

[sux_2bu] 05/6/2020 07:14

This market is nuts, or is the deep recession just hype?

[portside1] 04/6/2020 15:13

No mention of the police man shot in the head by a blackman

[dalep716] 04/6/2020 13:41

Bad manners, pretty much par for the course really.

[dalep716] 04/6/2020 13:40

Let's not forget there are very many white people in our society who gave a hard time of it. Blacks do not have the monopoly on misery.

[portside1] 04/6/2020 12:52

Arkade. Why have you not answered my post on your barc post