Royal Bank Of Scotland Share Discussion Threads

[hamhamham1] 22/6/2020 11:35

Yep, happy to hold, and wait.

[andysand] 22/6/2020 11:08

Agreed. The current price is therefore irrational. No amount of posting here though will make a difference of course :) Just a question of holding and waiting till the market adjusts.

[andysand] 19/6/2020 13:19

I wonder if we will start to see big bank takeovers and consolidation. These things always move slowly....until they don't. Then it's mayhem.

[hamhamham1] 19/6/2020 08:14

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

[hamhamham1] 19/6/2020 05:56

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 17:12

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 16:16

Time for another patriotic song from Vera Lynn.

[polar fox] 18/6/2020 15:07

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 12:38

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 11:28

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

[cfc1] 18/6/2020 10:31

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 15:09

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 14:20

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 14:09

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 12:28

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 07:31

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

[seagreen] 16/6/2020 07:29

Buywell short = Largest Buy signal on ADVFN