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London South East - Oil & Gas Investor Evening: Malcy, Echo, Savannah, SDX
Andrew Knott, #SAVP speaks at London South East's Oil & Gas event


RBS Share Chat (RBS)



Share Price: 232.60Bid: 232.50Ask: 232.70Change: -2.40 (-1.02%)Faller - Royal Bank Scot
Spread: 0.20Spread as %: 0.09%Open: 233.00High: 233.50Low: 231.80Yesterday’s Close: 235.00


Share Discussion for RBS


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JABH
Posts: 1
Opinion:No Opinion
Price:235.40
RE: Eyes are on this one
Sun 13:14
I have to say, I think I-1986 is quite right. There are so many positives to be said for RBS and so the macro-economic concern arising from Brexit is really the only issue that can explain why the SP is at an 18 month low right now and falling. I do wonder whether reporting on a 'brexit extension' since 12th October is partly responsible for the notable deterioration from 249 to 235 between then and now.
There is one other issue facing the Bank which is around the potential threat posed to RBS' market dominance by high-tech start ups. Fintech firms are newly enabled by PSD2 regulation (open banking). However, the bank is doing well at keeping pace with challengers (for example, Bo has been reported in the media, as has its use of AI, acquisition of FreeAgent, launch of Esme and Entrepreneur Accelerator).
The government's 7.7% stake sale also appeared to have a downward pressure on the SP and that has to be repeated every year now for the next 5 years. On the plus side, major investors obviously thought that purchasing £2.6bn worth of shares at 271p was a good investment which should be of some comfort to the rest of us given the current SP.
So I do think the SP will continue to dive in spite of all of RBS' fantastic prospects. But I also think that this means that between now and Q3 2019 is a great time to keep buying the stock. So long as Brexit doesn't actually put the British economy into a spin after 29th March 2019, the investment case for RBS will be at its strongest in more than 10 years and unfettered, as it has been, by legacy issues and macro uncertainty.
 
LennyMac
Posts: 733
Opinion:No Opinion
Price:236.50
RE: Eyes are on this one
Fri 15:54
I-1986: do you have any substance to your assertion or is it just a hunch? This board gets lots of posters who make this kind of statement and to be honest, given the historically mercurial nature of the share price and the difficulty in uderstanding the reasons for its perennial fluctuations, your assertion is lazy and practically useless.

For a long time the sp has tended to oscilate over a particular price range. In 2013-14, the range was 320- 370; lately it's probably 240- 255. I think that results for the next few quarters are likely to be more consistent and encouraging than they have been for a long time and there will be improvements in the dividend, both of which will provide impetus to the sp. What will prompt your 'dive'?

Additionally, I think we'll see at least one more rate rise before Mar 2019, which will add support to the SP. Despite concerns about the impact of Brexit, the figures proffered for nominal wages growth and unemployment are positive, which improves the argument for another rate rise. Additionally, the BoE has to start considering the 'normalisation' of interest rates; it needs to raise the rate to a level that gives it some flexibility to deal with a sudden shock (like Brexit). I think the rate rises we've seen in the US are signifiers of this concern rather than any attempt to dampen a runaway economy.
B703J08
Posts: 2
Opinion:No Opinion
Price:238.50
RE: Eyes are on this one
Thu 12:19
I fear you may be right. I think RBS knew this and that is why they were so eager to get the DIV in place and the "buy back" news before the end of the year. That said I do think its got potential but I still think you can wait a bit longer before topping up.
Investor1986
Posts: 19
Opinion:No Opinion
Price:243.10
RE: Eyes are on this one
15 Oct '18
This share will dive until Brexit is concluded. Hold your horses and don't sprint to soon
honestbob
Posts: 1,234
Opinion:No Opinion
Price:244.00
Dividend
12 Oct '18
Mine came today or yesterdsy
Deepestblue
Posts: 1,416
Opinion:No Opinion
Price:244.00
When is the first dividend paid?
12 Oct '18
I am in
Mo2047
Posts: 2,325
Opinion:No Opinion
Price:246.30
hi
12 Oct '18
anyone know a online calculator to work out average share price
if one buys more shares in sterling.
Dinoken
Posts: 618
Opinion:No Opinion
Price:248.50
2p
12 Oct '18
My two pennyworth - many articles in press mentioning today's 2p divi payment (first for 10 years). Interestingly, further confirmation or earlier news "Even after Friday's payment, the bank has excess capital which it plans to return to investors, possibly via a special dividend or share buy back". So it is looking good, one way or the other ...
Deepestblue
Posts: 1,416
Opinion:No Opinion
Price:246.50
Eyes are on this one
11 Oct '18
May enter tmrw
LennyMac
Posts: 733
Opinion:No Opinion
Price:250.20
RE: FUNDING CIRCLE - FCH
4 Oct '18
Bulent, did you get the 'big day' you hoped for?
stagecoach
Posts: 764
Opinion:No Opinion
Price:249.40
RE; FUNDING CIRCLE-FCH
28 Sep '18
Bulent74. Opened for trading today, not much interest from investors, still operating at a loss of £16.3 million up from £13.2 million a year ago.
Bulent74
Posts: 828
Opinion:No Opinion
Price:247.70
FUNDING CIRCLE - FCH
28 Sep '18
Big day Monday
LennyMac
Posts: 733
Opinion:No Opinion
Price:254.90
RE: RE: Special Dividend
26 Sep '18
I think I'm with Stagecoach here. I think there are lots of barriers to the sheer chutzpah of considering a special dividend. This bank hardly qualifies as a national treasure, and given that the vector of media narrative about the bailout tends to be resigned acceptance that the £45bn will not be recouped by the tax payer, I can't see how the idea of a (big) special payout to investors will fly in the media. Granted, there are lots of small investors including RBS employees who have had their holdings smashed by the event s of the last decade but even that group is not substantial enough to justify what will be perceived as yet another filip to the wealthy, and another kick in the face of the general populace, who see themselves as having footed the bill for the 'crimes' of bankers.
monkeys
Posts: 182
Opinion:No Opinion
Price:257.10
Upgrade
25 Sep '18
Shore - buy from hold
philpot1001
Posts: 2,767
Opinion:No Opinion
Price:258.80
RE: RE: Special Dividend
20 Sep '18
If the SP can drag itself back up above 300p a 33p special divi would be magic. Looks like the recent positive inflation has given all bank SP's a kick in the right direction.
monkeys
Posts: 182
Opinion:No Opinion
Price:251.20
RE: RE: Special Dividend
18 Sep '18
Why not, regulators does not care, all about legality. Govt will be happy to get 33p.
However it may be unlikely IMO unless as other possibilities like buyback becomes too difficult.
philpot1001
Posts: 2,767
Opinion:No Opinion
Price:249.80
RE: RE: Special Dividend
13 Sep '18
* assuming the stress tests go according to plan
philpot1001
Posts: 2,767
Opinion:No Opinion
Price:249.60
RE: RE: Special Dividend
13 Sep '18
it would be a different ex-dividend date, yet to be specified....they aren't even sure they are doing it, sounds to me like they may put it to vote from what ive heard in the press.
stagecoach
Posts: 764
Opinion:No Opinion
Price:249.50
RE: Special Dividend
13 Sep '18
A stupid statement issued by the RBs board, Financial Regulators would never entertain the idea of the bank paying out a special dividend of 33P per share
The main priority for RBS is to return the bank to private ownership as swiftly as possible before it falls into the hands of a future labour Government.
saitoman
Posts: 34
Opinion:No Opinion
Price:249.70
RE: RE: Special Dividend
13 Sep '18
Just for clarification,would the special divi,if sanctioned, be available to all share holders from now (i.e buying from today)or would they take the ex-divi date for the 2p divi as the ex divi date for the 33p?
checkricky
Posts: 635
Opinion:No Opinion
Price:248.70
RE: Special Dividend
13 Sep '18
Yes your right Philpot 33p Special Dividend or a buy back direct from the Gov who still hold 62% of RBS both have a positive result for shareholders .....

This will be discussed after the BOE stress test results, so it may be up to 33p which is a round about number from the £4bn surplus capital ......RBS Core Tier 1 Capital is currently above 16% and the banks target is 13 to 14 % so 2% Core Tier 1 give the £4bn surplus capital but only dependent on the results of the stress test if adjustments have to be made to the bank then we can all expect a adjustment in the Dividend.....

We need to get past this bloody 250 and 270 and 290 levels first Hopefully this Brexit Bullshht will be over soon so this can tick above 300p then if we get a buyback that's OK ...... if we are still pising in the wind in the mid 250's then I am happy with taking the 33p special dividend and will just sit around for the share price to then tick up to 300p...

Which ever way most of us need this to get back to above 310p as a minimum maybe a Santa Rally will also help lol.........
philpot1001
Posts: 2,767
Opinion:No Opinion
Price:248.60
RE: Special Dividend
13 Sep '18
looks like its a potential toss up of 33p / share dividend, or share buyback direct from the government. hmmm. share buy back at Lloyds didn't seem to do a lot, but then again GOV dumping shares here sank us quite a bit. Really not sure. Either way its seemingly a win win.
philpot1001
Posts: 2,767
Opinion:No Opinion
Price:248.40
Special Dividend
13 Sep '18
have I read this correctly in the press? A potential special dividend of 33pence PER share? That's huge!?

http://www.morningstar.co.uk/uk/news/AN_1536818279593333600/press-rbs-considers-gbp4-billion-payout-to-shareholders.aspx
the_shareminator
Posts: 11,200
Opinion:No Opinion
Price:244.80
Goldman views
12 Sep '18
Will be interesting to see if RBS outperforms Lloyds although we might be waiting a while given current market outlook. Not sure if there will be a clear view until March 2019 and even then it will take a couple of quarters trading to determine the economic impact. Would love to hear more optimistic views

http://www.proactiveinvestors.co.uk/companies/news/204750/lloyds-to-be-hit-worst-by-intense-mortgage-competition-says-goldman-as-it-moves-rbs-up-to-buy-204750.html
stagecoach
Posts: 764
Opinion:No Opinion
Price:245.00
RBS
9 Sep '18
The momentum and the recovery in the share price and dividend reinstatement ealier in the year is now being gradually eroded away. Both the RBS board and the Government need to make more of a concerted effort and force their hand to get this bank fully back into private ownership before future economic and political events finally engulf it.

At present UK listed banks are experiencing a torrid time in terms of share price performance, but they can be no excuse for a current RBS pre consolidation share price of just 24P, at this late stage of the turnround of the bank almost fully complete.




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