Royal Bank Of Scotland Share Discussion Threads

[hamhamham1] 19/6/2020 09:14

PE ratio here of near 5.
That's half the banking average. Plenty of room to grow here.

[hamhamham1] 19/6/2020 06:56

So out of the £14bn RBS has built up above required capital, they now only need to use £9.2bn of it to potentially buy out the govs 62% stake.
Leaving £5bn to set aside for coronavirus impact.

[hamhamham1] 18/6/2020 18:12

This is one of the shares I own which I expect to return 10% divi from current price in 3 or 4 years time.

[leedskier] 18/6/2020 17:16

Time for another patriotic song from Vera Lynn.

[polar fox] 18/6/2020 16:07

Breaking:

The tracing app is to be switched! What a bunch of clowns - more money wasted.

BBC: In a major U-turn, the UK is ditching the way its current coronavirus-tracing app works and shifting to a model based on technology provided by Apple and Google.

more....

Will take time, of course.

[polar fox] 18/6/2020 13:38

Prof Sir David King was interviewed on 231 before lunch on the so-called test and trace programme.

To sum it up in a few words, he ripped it apart, outlining several persuasive reasons for assessing it as 'not fit for purpose', although he did not use that specific phrase. We all know how crucially important test and trace is in the context of continued easing out of lockdown.

To me, it all merely underscores the huge risks involved with the ongoing easing and I, for one, am going to remain extremely cautious and wary of a second wave in the months ahead, for which the gov't will obviously not have an adequate test and trace infrastructure in place. I simply don't trust the bunch of liars and chancers who sit round the cabinet table; and I certainly don't trust the judgement of the buffoon and his pal Cummings.

[smurfy2001] 18/6/2020 12:28

Bank of England holds rates, expands quantitative easing programme by £100bn

[cfc1] 18/6/2020 11:31

Leeds - thanks - a great post and a sad days. Memories of when Britain was Great. When to wear a uniform, support the colours and salute the Union Jack actually meant something.

[polar fox] 16/6/2020 16:09

BJ is jumping on the bandwagon, hosting today's news conference, with one of the Profs from the trial and Whitty. The buffoon will milk it for all it's worth!

[andysand] 16/6/2020 15:20

7 percent is a good rise for a FTSE 100 company. But I think it will double over the next two months.

[polar fox] 16/6/2020 15:09

Article heading from MW,NY:

Dow futures up 800 points after report of potential steroidal treatment for severely ill coronavirus patients.

[polar fox] 16/6/2020 13:28

BBC making a big hoo-ha of this - listening to an expert on WATO just now, it looks very significant:

A cheap and widely available drug called dexamethasone can help save the lives of patients who are seriously ill with coronavirus.

UK experts say the low-dose steroid treatment is a major breakthrough in the fight against the deadly virus.

It cut the risk of death by a third for patients on ventilators. For those on oxygen, it cut deaths by a fifth.
unquote.

Edit: Lots of enthusiastic tweets from industry people around the world.

[seagreen] 16/6/2020 08:31

When will he learn this is not a banking crisis they have all never been so awash with liquid assets

[seagreen] 16/6/2020 08:29

Buywell short = Largest Buy signal on ADVFN

[smurfy2001] 15/6/2020 22:59

The Fed says it is going to start buying individual corporate bonds

[buywell3] 15/6/2020 22:53

================= FED buying company bonds saves markets ===================

For now -- see buywell buy thread for more info


Asset values on most company balance sheets , and on banks balance sheets are now IMO not worth taking a lot of notice of .

BP. just wrote effectively down theirs by circa $17.5 Billion , which buywell believes is not enough because they see Brent OIL at $55 a barrel for their calcs . buywell sees it as $27.5 , as we go into a years long Global Recession.

Governments are money printing and paper money as $ Trillions of stimulus gets pumped into markets is soon going to drop the value of paper money V the increase of debt/credit and doing more and more of the same in the face of an unusual situation such as this new modern Global Recession based upon a Global Trade model will be , it will last years.

Asset values on balance sheets will HAVE to be written down again and again whilst it lasts IMO

dyor


The DOW recently went to circa 18,591 from 29,551 a drop of 11,000 points
So if it just repeats from here it will go below 15000 for those who do not dyor

[cfc1] 15/6/2020 18:21

get RID of the scientists and FOCUS on the economy. One meter if that.
The scientists can waffle on BUT THEY DONT HAVE to worry about the catastrophe that is maintaining this lockdown.
Its time to get on with life and accept the risks - we've got no choice.