Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Last post: MoneyPie, 2 Nov 2022 14:20
Wil drop
WHY IS THIS STILL HERE?
LINK SHOULD GO TO NWG!
D...
Nice prediction.
Good predication LMAO.
Last post: Mattcush, 25 Mar 2021 08:07
Kingrav
Do you do stand up lol
Started: Loveapoundnote, 13 Sep 2020 20:10
Last post: Thistimenextweek, 14 Sep 2020 09:15
What price do you see this with a years outlook ?
Started: JABH, 29 Jul 2020 13:32
Last post: JABH, 29 Jul 2020 13:32
For those who are unaware, chat for this stock is now at the below link following ticker change from RBS to NWG:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=NWG&share=Natwest-Grp
Last post: Daniel123111, 24 Jul 2020 02:05
What year is this post
Dino, At least This way they only have to change half the Stationary. No doubt we shall hear more tomorrow from Alison Rose about the move.
Watch this space.
SonofRobin - your reply took me back to my school days when I used to catch bus to Clapham Common to play football !
Think you'll find that for many, especially overseas based investors, Nastywest is tarred with same brush as RBS, and for UK investors, Nastywest has enough past sins of its own to feel toxic. IMO - a brand new name would have been much appreciated, hopefully one better than the now extinct irish cow (bo). Phoenix would have been good ...
You forgot to mention Goldman Sachs still recommends Buy for RBS and has much more upside than most other banks such as Lloyd's.
ALSO you highlight the one sell recommendation from 11 broker forecasts where most recommended buy and hence consensus is buy. (funny that). There are no guarantees over short term however with p.e. Ratio of under 6 I'm holding mine for 3 to 5 years as I'm sure it will give me more than fixed isa interest. Not worried about short term noise but feel you are not giving the full picture for people to make up their own minds.
UK bank forecasts too optimistic about interest rates and unemployment effects from coronavirus, warn analysts Goldman Sachs who cut its share price targets for the whole sector and Deutsche Bank flagged the ‘sell’ sign for RBS and HSBC.
But hey, what do brokers know!
Started: BillyRay, 12 Jul 2020 20:50
Last post: BillyRay, 12 Jul 2020 20:50
Watch the 125.25 level for resistance, a break and second-day move over this level would be very good.
Started: goinglarge, 2 Jul 2020 17:09
Last post: rodster, 9 Jul 2020 21:30
Why not get of your fat arse and actually go into a branch. Have you never thought about the
Staff who are doing their best. Too many managers talking a great game and utter useless. Going large, you wish, prove your a real person and go to agm and then shout..
if you are having problems with Natwest switch to another bank like Santander the do business acc. I have that & you can chat to them anytime on their site
you can now pay cheques into your account at the post office for Natwest which is good
I think that it would be easier meeting the Queen than trying to speak to anyone at NatWest at the current time. I have been a customer of theirs for 33 years and the customer service has never been as bad as this. They sent me an e-mail that I could not reply to, was on hold for 45 minutes on the phone and no answer and no way of contacting on-line. My local branch shut a few years ago. How can you run a business where you cannot speak to your customers? Real basic stuff and we wonder why the share price is tanking. They need to sort this out. Rant over!
Started: hardup, 19 Jun 2020 19:27
Last post: rinkydink, 22 Jun 2020 16:24
hardup, this has been happening regularly all the way from 228 to 100 and back up again. I would say that buys and sells would normally be the main factor but covid-19 has seen to that.
If you don't know, the LSE home page gives reasons why markets are rising and falling each day. Although sometimes they sound a bit spurious.
@Hardup - Had a similar thing happen where I am invested at HIK. Wrote a long post explaining it, so give it a read, it might help.
6 million shares sold today and 25 million shares bought today; logic says the share price should have closed far higher but closed down? Is that a valid assumption?
Started: hardup, 21 Jun 2020 16:51
Last post: hardup, 22 Jun 2020 11:07
@ rinkydink: : Thanks, did that and came up with an answer.
Hi, try googling After-Hours Trading: Bid and Ask Quote Disparity
The trade price for the 3 trades after hours on Friday exceeded the offer price. The first two of them the trade price was 121.7, and the last one was 122.811. The bid price quoted for these transactions was 120.95 and the ask price was 121.15, so why did the trade price exceed the ask price?
Started: hardup, 19 Jun 2020 16:36
Last post: SonsofGwalia, 21 Jun 2020 13:13
Scandalous' RBS helped fraudsters cheat the taxman as High Court rules it was involved in £45m VAT fraud https://www.dailymail.co.uk/money/markets/article-8443263/Scandalous-RBS-helped-fraudsters-cheat-taxman.html
It is obvious the government is going to make the banks foot the bill for this disaster!
I've just read the FCA have said today they want Banks and Credit Card companies to extend to extend the payment holidays and interest free overdrafts of up to £500 for another 3 months up to 31st October!
Seems to be a big swing in SP today? Went up to 125.05 early on and then nose dived to current 122? The FTSE is still well ahead so any particular reason?
Started: Wheremymoneygone, 6 May 2020 17:58
Last post: t_a_p, 13 Jun 2020 12:28
You just DONT see both sides of the trade?! in this case only the blue buys?!
Could be fornt running shorters........
Voulme best used with price action?!
That also tells a better story..........just start staring at charts (when you are idol/bored......spend every moment you can
It is what is more likely to save ones arse?!
Good luck>>>
In general principles the buy n sells match
or how do you think the buyers can buy?!
You just see both sides of the trade?!
Thus the ones you see being public........
Its more to do with the back ground supply and demand and whether the mms with the hidden buyers manipulate the share price rise when background supply all gone?!
Learn charts, especially for main market stock......thats a better story teller>>>>>>>>
Today
8m sells
38m buys
Follow the money 30million pounds isnt wrong imo
Last post: Broomfielder, 11 Jun 2020 22:48
Can't disagree with that Shatter....and as if the Covid tornado and all its effects weren't hard enough to deal with, I don't think anyone knows just how difficult it will be if we add Brexit to the mix.
Coupled with the increased protectionism EU and many countries will be adopting, the UK's economy looks as if it will face its biggest challenge since WW2.
It might help if we had a genuine leader among us (irrespective of what party etc).
B
Broom , unfortunately I agree with your sentiment. The government has been pre - occupied with the pandemic and rather quiet about the economy and the storm that is brewing.
Unemployment, debt and the next set of government figures, forgetting the Covid, is going to send the market into a spin.
Ashmark - I really hope you are correct on employment etc. I fear that we haven't yet seen the true unemployment figs and won't do, until the Gov furlough scheme runs through.
That, and that fact that most jobs seem to be shed once any recovery starts, could still bite many yet. I hate to be so pessimistic, but can't avoid all the signs etc.
As for the clamour for Banks to support the economy witnessed earlier in the Pandemic, you can see the start of the results now when the majority of Gov Guaranteed lending will never be repaid according to reports, nor, it seems was ever the intention to repay (even according to many of the borrowers).
Its not often Banks are shielded from this type of exposure (although their other bad debts will increase hugely), but its always the story you hear about lending - everyones an expert and much more should always be loaned out with the Banks not supporting people/companies etc.
Just don't ever ask for your loans to be repaid - thats just ridiculous etc.
Never a headline you will ever see in many newspapers etc.
B
You certainly did my friend (just kidding).
I got in yesterday, bad choice! will have to monitor closely. Feel this can go two ways, claw some %pts before close or it dropping substantially over the next few days.
I think I cursed it!!!!!
Started: Carpey, 9 Jun 2020 17:06
Last post: Anpalmer, 10 Jun 2020 10:34
Please grow up and behave.
Management
With a Husband 90yrs old and myself in mid 80s Shielding, not had the shares on my mind this last 3mths, but thank-you for giving me the Answer.
What planet have you been living on Carpey.
Dividends were cancelled...something to do with a virus that is going around
I should have said RBS shares.
cwebb07
Are you just a brave keyboard warrior still on the tat.
OR just plain stupid??
Answer on a stamp please.
Well , I can't believe the nastiness on this site now. FDon't bother to answer this as I won't be seeing it . I won't be on here anymore to see it.
Hi , I have not been on here for a very long time, I have not received any Dividend, I thought I should have got it on April 16 but have not received it yet, anyone know if there is any reason for this?.
Started: onelongrunner, 8 Jun 2020 20:23
Last post: AshMark, 8 Jun 2020 20:41
Explains the immediate return after the dip. This should have a decent uptick tomorrow I would think
Rns showing governments holding reducing?
Started: eegaisie204, 4 Jun 2020 18:30
Last post: Bristolcupid, 5 Jun 2020 11:55
Just think on 31/1/08 this share was £57.08 when adjusted for consolidation/rights issues according to various charts? I do remember selling some @ £18.07 & I recall them possibly nudging £20? Oh the good ol days lol
Might be a bit of profit taking in the next few days and then a steady rise over a longer period. There's been a real damage and cost because of lock down hence top price this year will be max of £1.60 in my opinion.
Started: Jimmy170, 28 May 2020 10:23
Last post: Dartron, 3 Jun 2020 19:42
Managed to get out today after being locked in for 6 or so weeks. Happy to take a small profit and move on. If it drops back to low teens I might trap some more money here.
I cant answer your question as I now nothing about Barclays. In general though I cant wait to get out of anything Financial. I am kicking myself that I didnt sell these mid week in the 120's. Would have done me, could have bought something sensible with the money. In my opinion this is not currently a well performing sector.
Just wondered why in the last 2-3 days Barclays is out performing rbs, where I think overall rbs in percentage terms has lost more in the last year, now I hold a few Barclays, and was wondering whether to split it between these two or not, what are the thoughts on here?
Started: mystic1076, 27 May 2020 17:00
Last post: mystic1076, 27 May 2020 17:00
The SPDR S&P Bank ETF (KBE) gained more than 5% along with the SPDR S&P Regional Banking ETF (KRE), on course for the best week ever in a long time!! Those wondering why this zoomed up from £1 to £1.20
Started: eegaisie204, 16 May 2020 04:31
Last post: SonsofGwalia, 23 May 2020 08:02
TONY HETHERINGTON: I've been left high and dry by RBS's forgotten mortgage scandal https://www.dailymail.co.uk/money/experts/article-8303371/HETHERINGTON-Left-high-dry-RBSs-mortgage-scandal.html
Exactly this is why I have swopped my BARC for RBS and will swop it back again when it swings the other way .
Lockdown target pressure: RBS staff member claims they're cold calling customers from home to sell products that at one point TARGETED key workers
https://www.thisismoney.co.uk/money/saving/article-8340391/NatWest-RBS-staff-member-reveals-lockdown-target-pressure.html
@ dream,
What planet are you living on as it certainly is not on this one?
vbw
Barclays trading at same sp as RBS, so the mm don't see strength in RBS?
Started: Ace11, 6 May 2020 20:30
Last post: Pippa_Peaches, 21 May 2020 23:39
Also good to see the "top brass" didnt deem it necessary to cancel their performance "bonus" shares unlike the dividend - its does not send out the right message!
With the SP seriously testing its £1 Nominal Value, its probably time for another share consolidation......as if that fools anyone.
Before the last such consolidation, the true price today is equivalent to 10p and thats a much better reflection of risk here. For a share that once traded at over £20 to have slumped to 10p shows the true extent of RBS' demise.
Yes, its reasonable to suggest that the only way is up.......more poignant,I think, is to question whether we will ever live long enough to see it.
B
Lol you copy and pasted this on the barcs board... is it on lloyd and hsba too?
Pippa I agree just make sure you get your loan from rbs.....im not after a 5th home but a little place on the Costa del sol would be ok
Its all about tier 1 ratios and we have loads of it ,I can see us tripling from here if you can wait 2 years.
Started: mystic1076, 18 May 2020 17:06
Last post: SumOverHistories, 20 May 2020 11:18
From the Financial Times. Not sure if this would be interpreted as good or bad news, but the share price seems to have been in decline over the past couple of days.
The Royal Bank of Scotland Group plc ("RBSG") completed the pricing of its USD 1,000,000,000 3.073% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2028 ("2028 Notes") and USD 600,000,000 2.359% Senior Callable Fixed-to-Fixed Reset Rate Green Notes due 2024 ("Green Notes").
The proceeds to RBSG (before expenses and underwriting discounts) of USD 1,000,000,000 from the 2028 Notes will be used to fund RBSG's general banking business. The proceeds to RBSG (before expenses and underwriting discounts) of USD 600,000,000 from the Green Notes will be used to finance and/or refinance, in whole or in part, Eligible Green Loans, as defined in and in accordance with RBSG's Green, Social and Sustainability Bond Framework.
The offering is scheduled to close on 22 May 2020, subject to the satisfaction of customary conditions.
This RBS has bounced off £1. It seems to be stuck in this tight range for weeks now!! It's having problems lifting off despite a strong FTSE increase today. Is it the talk of negative interest rates causing it a problem. Sees a like a safe p u n t if there is no downside????
Started: cwebb07, 3 May 2020 16:24
Last post: SonsofGwalia, 17 May 2020 15:30
The way they are treating their customers 90pence
https://uk.trustpilot.com/review/www.rbs.com
Any predictions for the SP by the end of May.
Also realistic timescales to get back above 200
Started: patxd, 4 May 2020 12:11
Last post: trend364, 6 May 2020 15:47
Not in here at the moment but you've got to ask what is going on with the SP??
I thought they were being rebranded as NatWest - that’s always been good as are the 9%prefs!
Ha ha Not thought of that 1 for 10 consolidation ...again. Then they can throw us a 2p dividend next January and we should be grateful.
RBS is best capitalised bank. It has £78bn worth of cash and its CET1 stands at 16.2%, the highest of any of ‘the big five’ banks
Time for the next 1 share for 10. ‘Consolidation’ - it could go on for years with savers getting nothing and shareholders being milked
Slaughtered at last and not a moment too soon ... (BO)