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Royal Bank of Scotland Share Chat (RBS)



Share Price: 257.30Bid: 257.20Ask: 257.30Change: 0.40 (+0.16%)Riser - Royal Bank Scot
Spread: 0.10Spread as %: 0.04%Open: 260.00High: 261.40Low: 257.20Yesterday’s Close: 256.90


Share Discussion for Royal Bank of Scotland


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Greens43
Posts: 476
Opinion:No Opinion
Price:0.42
Aug
Sun 15:37
Interest rate news / RBS update in Aug will likely push this share up over the next 5 weeks or so back towards 290-300. Great share to trade.
 
desamax
Posts: 1,083
Opinion:No Opinion
Price:0.42
Oh well
Sat 11:59
Is this a sign of things to come re the SP
At least all my other holdings have multibagged lol
kassam83
Posts: 1,631
Opinion:No Opinion
Price:257.90
Sounds Positive
Wed 21:54
(Sharecast News) - Upcoming stress test results should trigger the release of a large amount of pent-up regulatory capital at RBS, analysts at Morgan Stanley said as they bumped-up their target price for the shares.
Also, continued growth in its Retail arm and in mortgages was seen delivering compound annual growth of 3% over the next three years, alleviating margin pressures, facilitating a strong margin build and therefore capital returns.

Together with the lender's existing room to manoeuvre when it comes to improving the efficiency of its capital structure, that should allow for a normal dividend payout of 40%, special dividends, and a £2.0bn share buyback programme.

Combined, their expectation was that those factors would drive total shareholder returns of 23% between 2018 and 2020.

Hence their decision on Tuesday to boost their target price for the shares from 315p each to 335p, while reiterating their 'overweight' stance on the same.

"RBS remains our preferred UK domestic name. The stock is trading on 9x adjusted earnings vs. the sector on 11.7x while offering one of the highest shareholder return profiles in Europe together with Lloyds and Nordic banks. We would regard an interim dividend as a show of confidence from the regulator and a catalyst for the stock," they said.

Critical to their investment thesis, on Morgan Stanley's estimates RBS was sporting a 2018 common equty Tier 1 capital ratio of 16.4%, versus their estimate of a steady-state requirement for 13.5%.

Hence, once it passed those stress tests, RBS should be able to pay-out "at least" 100% of its projected earnings for 2019/2020 in the form of dividends.

On top of that, the broker believed there was room to call, tender or redeem £6.0bn-worth of the legacy £18.0bn of subordinated debt instruments sitting on its balance sheet.

That might save it about £200m over the next three years, Morgan Stanley said, which its analysts had previously not factored-in.

"Beyond that we see further room to go as AT1s and more Tier 2 instruments get refinanced," they added.

RBS was unlikely to act imminently, the analysts explained, given current cash prices.
Jambon
Posts: 4,563
Opinion:No Opinion
Price:258.50
RE: Broker Rating
Tue 16:31
Rbs can be very good for trading.... Good profits to be had...
checkricky
Posts: 624
Opinion:No Opinion
Price:258.30
Broker Rating
Tue 16:28
Oh it's Jambon hope your well

As you know I have a small holding in Koovs @ 6p for 10k worth was expecting it to go a lot lower for another 10k but happy with the big rise...... may think of selling as it's had it's day in the sun.... problem with me is I never sell the small holdings i tend to forget about them.....

But I have strong investments in the banking sector this is what takes up most of the juice lol.......
Jambon
Posts: 4,563
Opinion:No Opinion
Price:258.40
RE: Broker Rating
Tue 16:16
Hey checkricky you should have a look at koovs mate.... You could have made some real money in there. Rbs will bounce back to 290 before you know it... Im in here 50k average 258p in trading account plus 15k in my sipp
checkricky
Posts: 624
Opinion:No Opinion
Price:256.40
Broker Rating
Tue 16:00
Morgan Stanley had a 315.00 as a old target and now it's 335.00 oh well lets see how things work out in the next few months ..... that is why RBS is up for a change....
Jargonpain
Posts: 238
Opinion:No Opinion
Price:254.50
RE: emotional
18 Jun '18
you will be back over 3 in 6 months, if it makes you sad then stop looking!
TheMega1
Posts: 46
Opinion:No Opinion
Price:254.50
emotional
16 Jun '18
I want to cry
Northy
Posts: 168
Opinion:No Opinion
Price:254.50
Very depressing
15 Jun '18
After waiting years for the bad news to finish, it has now dropped 15% in the last month and since the last big fine, this cannot be due to the govt sell off which has been expected for a long while.
checkricky
Posts: 624
Opinion:No Opinion
Price:255.30
Hole in the bottom
15 Jun '18
Looks like we have a hole in the bottom of this P1ss pot....And the wind blowing from all directions not helping

Well now Philip Hammond must feel a bit like a trader for the moment .... The Gov are always in the know screwing investors even in 2008 they all was in on the act.... Gov biggest CONS on this earth.....

Time to close the trading book for a month by the looks of this ......
Poleaxe
Posts: 31
Opinion:No Opinion
Price:267.10
RE: BIG BUYS AFTER MARKETS CLOSE
8 Jun '18
The big uncrossing trade last night was due to the FTSE index weight change, from 27% investability to 35%. This meant index funds had to increase their holdings.
monkeys
Posts: 114
Opinion:No Opinion
Price:267.20
Funds
8 Jun '18
New fund buying
checkricky
Posts: 624
Opinion:No Opinion
Price:270.00
BIG BUYS AFTER MARKETS CLOSE
7 Jun '18
some big buys after markets close today .... Whats that all about ???

�97.325 Million and �45.699 Million and many more in the ���millions and they are OTrades......

Better get my specs on lol
philpot1001
Posts: 2,514
Opinion:No Opinion
Price:270.00
Buy back
7 Jun '18
RBS CEO has said they want to buy back shares from the govt, I'm assuming they will terminate the shares afterwards?

Alsò BoE are indicating rate rise is on the cards again
honestbob
Posts: 1,212
Opinion:No Opinion
Price:268.50
Difficult times
6 Jun '18
Government may or may not have helped price .

Two things that certainly have not was money and time ( at least 3 billion) wasted trying to set up the separate Williams and Glyns Bank and EEC insisting on fire sale of assets like Citizens Bank etc at knockdown prices just after the rescue .

I think the other factors are inability to make consistent if any profit in last 7 to 8 years and the RBS regretable involvement seemingly in most banking wrong doings over the years .

Hopefully these legacy issues have washed out and have been learnt from .

Although Banks seem to go through a cycle of lending generously and rashly - followed by bad debts - realising what they have done,they then tidying up their loans , lending more responsibly for a while . Bad debts go down and reasonable profits made .

Then sadly it seems they are drawn, like moths to candle,s to relax lending rules start to push loans etc - during this period their profits ( and share price ) goes up

Then three or four years later the loans etc start to go bad and the cycle repeats . At which point proftts (and share price go ) down bad debt and losses go up.

My guess is we are at that point in the cycle where RBS will be deciding to push money out - which if not for government shareholding and all other issues - would see share price start to rise .

I think they have probably put right most things - although their ability to provide an unpleasant surprise should not be under estimated . The staff that have learned the lessons from the last ten years will be moving on , retiring or may even have forgotten them .

This is only my simple and slightly cynical understanding of how banking has worked in last twenty years
tracker2009
Posts: 140
Opinion:Hold
Price:267.80
realitycheckricky
6 Jun '18
Would that be the same labour that leave the country bankrupt every time they are turfed out of office? If you are feeling hard done by as an investor with a conservative government you obviously don't remember how business unfriendly labour are, with their firm belief that profit is theft, and companies are there solely to provide superb pay and benefits to a (legally mandated) overstaffed workforce irrespective of their ability or workrate. Before you start harping on, I can tell you that I am no Conservative cheerleader, but I would take them every time over labour in terms of providing a business friendly environment and to prevent my hard earned savings and investments being eaten away by rampant inflation.
Just saying.
checkricky
Posts: 624
Opinion:No Opinion
Price:267.90
CONNED BY THE CONS AGAIN
5 Jun '18
ohhh and let's not forget the referendum, wonder which clowns idea that was should of sold RBS shares of first before attempting something as complicated as the brexit dxxx heads....
checkricky
Posts: 624
Opinion:No Opinion
Price:268.00
CONNED BY THE CONS AGAIN
5 Jun '18
Thanks to the Conservatives since they have been in power the share price has lost about 35% will need this to rise 50% to get back to Labour levels......

Only 3 years ago RBS was trading at 370-395 range.... With all the mansion house speech by GO and now with PH,,,And PPI and waiting so long for the DOJ fine this has taken it's toll on the share price....

When GO first started talking about selling a small stake the price dropped from from 360ish to 330.... And now soon as the DOJ fine is out in the public domain the price jumps to 292 and PH opens his mouth the shares start to fall back and look at them today down 5% to 267......

What RBS share holders have just been CONNED by the CONS twice over night as tax payers and share holders

Why Why did you Philip not let the price rise for a few months first before opening your big mouth..... The share was doing fine before you opened your gob to the city mates .....

Sorry to sound so Pisxed off today investors but this type of trickery makes my blood boil ......
honestbob
Posts: 1,212
Opinion:No Opinion
Price:270.30
share sale
5 Jun '18
I suppose a difficult one for HMG a bit chicken and egg . They want out but not then to see share price shoot up and faec accusations of gifting to so called city mates . I think sale at this price with information they have available indicates they do not expect any great rise in Bank share price in near future .

But also they are aware that their own large shareholding hanging over the market depresses the price - which in turn makes it harder for them to get a good price .

Perhaps they hope by sell part of their holding at reduced price this removes some of the overhang and price may then rise - .Possibly they would have to sell another small tranche to have got rid of enough of the overhang for that to happen
philpot1001
Posts: 2,514
Opinion:No Opinion
Price:270.90
RE: I'm actually
5 Jun '18
I haven't waded in yet, just dipped my toes (well probably ankles). HMG have a big chunk yet to offload, I guess the question is when are they thinking about selling that.... if it's not for a good few months, this should be a pretty cheap price for a bank on the cusp of turnaround.
nipknot
Posts: 4,050
Opinion:No Opinion
Price:270.90
I'm actually
5 Jun '18
Thinking of buying 10k worth! Perhaps the time may be right.
snige
Posts: 2,089
Opinion:No Opinion
Price:270.70
RE: checkricky
5 Jun '18
The politics of selling off something on the cheap are hard.
What if they had done another Royal Mail then take the flack for the bounce up?
On the otherhand if it was another flop then they wouldn't get the rest away, so i think it will hold at this price before a gentle rise as the main aim of the exercise is to get these shares away.
philpot1001
Posts: 2,514
Opinion:No Opinion
Price:270.40
Top ups
5 Jun '18
Well I added at 270.9 again, I've been waiting just in case HMG decided to dump, now they have I'll take advantage of the lower SP
tracker2009
Posts: 140
Opinion:Hold
Price:270.90
checkricky
5 Jun '18
I wouldn't take such a personal view on this. Of course HMG wanted to get this away successfully and as always that means by dangling a little bit of a carrot in front of the institutions. It isn't exactly a fire sale or giveaway though. The positive is that we know that there is very little to nil chance of something nasty crawling out of the woodwork further down the line, as HMG could not take any risk at all of that happening. So, we are now removing the dead hand of government and actually can look forward to being a "normal" business again. That's good news isn't it?




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