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Member Info for jings100

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Member Since: Wed, 28th Jul 2010

Number of Share Chat Posts (all time): 7,438
Number of Share Chat Posts (last 30 days): 89

Last Posted: Sat 15:48

Post Distribution over the last 30 days

Sat 15:48

If your going to pay for professional advice , might as well take it . Lol
Rothschild’s recommendation
There is currently limited trading in RBS shares and its shareholder register is very concentrated by the standards of similar-sized companies. In part as a result of this, it would at present be challenging to make substantial sales of RBS shares that were material in the context of the government’s overall shareholding, other than at disadvantageous pricing.
As a result, we believe that it would be in the interest of taxpayers for the government to set in train an initial small disposal of RBS shares. By increasing the free float now, the government will improve the marketability of the remainder of its shareholding, enabling it in future once the bank and the share price has fully recovered to execute larger sales on better terms than would otherwise have been the case. We believe that sending a strong signal that RBS is on the road to normality may also bring further benefits to the bank and to the government as a shareholder.
We believe that the current price of RBS shares reasonably reflects the prospects for future recovery and the risks associated with this being achieved. We do not believe that there are any other reasons that would preclude a share sale in the short term or render it poor value for money for the taxpayer.
Given the current limited market for RBS shares, any sales in the short term would need to be carefully calibrated by reference to the depth of the market and the current size of RBS’s free float and with a clear objective of maintaining an orderly aftermarket following any transaction.
Fri 18:28

Wouldn't object to a nice slow uptrend , still a few skeletons rattling about that need to be attended to , some that could have a significant effect on the SP . ......fingers crossed it won't be too bad . ATB
Fri 16:56

Aye , trade what you can see is happening not what you hope might happen .
Fri 14:26

Should read " they weren't sold on the open market "
Fri 13:58

Aye, 5.4 % ,, but they weren't bought by a bloke , lol. ......they were sold on the open market but to a number of institutions who most probably will be holding them as longish term investments , so although as you say the price has dropped a fair bit , they may not be all that bothered.
Fri 10:59

Same as it ever was , man's meat etc ,lol.
Fri 09:47

Great piece of sarcasm , Asperger, although to be honest McDonnell's gaff was pretty stupid . .......quiet here today .
Thu 23:51

Thank you ....but why are you telling me ?????
Thu 22:11

Hi mate , no disrespect but I think you may have misread those figures . At present HMG hold about 73% of the issued shares , these aren't being traded. That leaves just over 3 billion that are . 600 million would be around 20% of traded shares , can't see anyone holding that amount .
Thu 11:09

I completely agree with you, they were to blame and if it weren't for the fact that the consequences get passed down the line I would , as Healy is reported to have said , squeeze them til the pips squeak .Despite owning bank shares I'm of the opinion that radical banking reform is long overdue . Would it damage the SP ? Not sure that it would , certainly didn't hurt it in the past .

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