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Royal Bank of Scotland Share Chat (RBS)



Share Price: 245.30Bid: 245.20Ask: 245.30Change: 0.00 (0.00%)No Movement on Royal Bank Scot
Spread: 0.10Spread as %: 0.04%Open: 233.60High: 246.40Low: 233.10Yesterday’s Close: 245.30


Share Discussion for Royal Bank of Scotland


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cliffb1234
Posts: 43
Off Topic
Opinion:No Opinion
Price:245.30
Mailman
Tue 18:40
Interesting , certainly not boring
I,ll hang on and see
As I have before to my loss
 
mailman
Posts: 2,226
Off Topic
Opinion:No Opinion
Price:245.30
cliffb1234
Tue 18:11
If it repeats the last move up to 250p ..... a couple of weeks ago

Then selling will bring it back down again

As I said if range trading is starting again then floating up and down between 210 and 255p maybe the next thing in the near future... ..

Purely my own guess of what might be... nothing certain...
Neepheid
Posts: 121
Off Topic
Opinion:No Opinion
Price:245.00
The Traveller
Tue 16:32
Indeed, my best friend is a Falkirk man, absolutely devastated! Your boys made a great shift of it. How are you getting on? New job? As it happens I will be on the 15.20 ferry to Brodick on Saturday with my Wife and two friends so will pass your door. ATB
cliffb1234
Posts: 43
Off Topic
Opinion:No Opinion
Price:245.30
Rbs
Tue 15:49
What am I doing here amongst all
These optimists
LennyMac
Posts: 614
Observation
Opinion:No Opinion
Price:245.50
Cliff
Tue 14:44
No way. 300p by October! 55p to go.
TheTraveller
Posts: 529
Off Topic
Opinion:No Opinion
Price:244.90
Neepheed
Tue 14:29
Phew....... Killie stay in top league........ relief here on Sunday
TheTraveller
Posts: 529
Off Topic
Opinion:No Opinion
Price:244.80
Cliffb1234
Tue 14:24
I hope not as i am currently holding 20k of shares at 2.56.............. hoping to get that that .......
cliffb1234
Posts: 43
Off Topic
Opinion:No Opinion
Price:241.00
Mailman
Tue 13:22
Question,
Is it time to sell.
Are we going to drop back down as usual
cliffb1234
Posts: 43
Off Topic
Opinion:No Opinion
Price:240.40
LennyMac
Tue 12:57
Your argument for the Euro is correct.
It also perfectly fits the EU.g g
We are countries, not states, we have different cultures and one
plan will not fit all 28 countries ,29 when Turkey joins.
The original idea. was OK,it was called a common market.
The politicians have empire built for their own benefit.
In my opinion it is unmanageable and will sink under its own debt
Whether we are in or out.
They won't admit this because it is the best gravy train ever.
LennyMac
Posts: 614
Observation
Opinion:No Opinion
Price:239.90
Cliff
Tue 08:57
Having an independent currency doesn't quite allow the UK to 'tailor our economic policy to our specific needs' but it does allow for some capacity to alter its own circumstances. In fact, the value of a currency (its exchange rate) affects a huge number of other variables. If the exchange rate for the pound is low, the UK exports more cheaply and its goods are more competitive in foreign markets. If the value of pound is high then it can purchase a lot more from overseas (effectively, imports become cheaper). However, a low pound means that debt servicing is more expensive and obviously, a high- value pound makes it easier to pay off foreign debt. As the Pound is a floating currency, its exchange rate is determined largely by supply and demand. The demand for pounds in particular is affected by a number of factors and governments can manipulate it to some extent to create favourable conditions. For example, if the UK raises interest rates, the value of Sterling rises and conversely, lowered interest rates prompt a fall in the Pound's value. Thus, if a government wanted to increase exports, it could lower interest rates; if it wanted to pay off more debt, it could raise interest rates. The problem with the Euro is that it is a single currency for 20- odd economies that have different prevailing conditions and requirements. For example, the current value of the Euro benefits Germany by maintaining an acceptable level of competitiveness for German exports as well as an acceptable rate at which German debts can be serviced. For Greece, however, the rate of the Euro is too high for Greek goods to be competitive and not high enough to have a positive impact on servicing Greek debt. By not taking up the Euro, UK has retained quite a deal of capacity for independent action with regards to its exchange rates, whereas Greece has no capacity at all to affect the Euro's exchange rate to its own benefit.




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