Register
Login:
Share:
Email Facebook Twitter

EXCLUSIVE: Video presentations from MySQUAR, My Pay, Consilium and Kryptonite1 are now available here Watch here

EXCLUSIVE: David Lenigas answers investor questions in a detailed interview about UKOG, Doriemus, LGC Capital, AfriAg and Angus Energy.


RBS Share Chat (RBS)



Share Price: 273.40Bid: 273.40Ask: 273.60Change: -0.70 (-0.26%)Faller - Royal Bank Scot
Spread: 0.20Spread as %: 0.07%Open: 273.50High: 277.20Low: 273.10Yesterday’s Close: 274.10


Share Discussion for RBS


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


honestbob
Posts: 1,167
Off Topic
Opinion:No Opinion
Price:271.90
glendo90
Fri 10:03
I think you are spot on - higher interest rates can have very significant effect

Bank makes large part of its gross profit from the difference between what it lends money out at and the rate it pays to depositers

Where it pays interest to depositers clearly that will rise .But a huge amount is held as credit balances on personal and business accounts where it pays nothing at all - so increase in rate is pure profit when those funds lent out .

One of the reasons for banks successes over in the past has been huge amounts of cash they have had deposited in current accounts , paid nothing on and then lent out .

Similarly that has caused problems last 6 years , because they became used to easy income from that source and then have not been able to lend most of it out at high rates .

Ignoring all other writeoffs etc - another problem being the huge income that was brought in from various lending insurance products ( business and personal ) that tap was switched off some years ago too - and indeed went other way with PPI compensation .

Truth of the matter is this and other banks have had to ren-enter the real business world without easy meal tickets

Some have done it better than others
 
Stakis
Posts: 5
Off Topic
Opinion:No Opinion
Price:271.60
Asperger1
9 Oct '17
Not going to hold you to anything of course re gaps -advice as always to everyone - do your own reading. Genuinely interested in your thoughts though.
Stakis
Posts: 5
Off Topic
Opinion:No Opinion
Price:272.60
Gaps
6 Oct '17
Can't say I understand technical analysis - are you suggesting these gaps will be filled i.e. price might fall as low as 242?
Asperger1
Posts: 4,434
Off Topic
Opinion:No Opinion
Price:271.70
Gaps
6 Oct '17
Seeing a number of gaps as low as 242p - wonder when HMG might start off loading their holding - need to ensure Corbyn can't turn RBS in to 'The Peoples Bank'

Asp
Glendo90
Posts: 33
Off Topic
Opinion:No Opinion
Price:272.70
Trend
5 Oct '17
There is still some decent growth to be had here - but it is just when...it may be a good few months yet. I am with you that there will be other dips along the way. A worse case scenario for the US fines has already been priced in. I am hanging on as higher interest rates will yield better returns on equity and RBS of all the UK banks has plenty of that. However, nothing is certain ever with this share...
Stakis
Posts: 5
Off Topic
Opinion:No Opinion
Price:273.80
Trend
5 Oct '17
Bailed out yesterday at 2.729 for a bit of unashamed profit taking but only sold half my holding. Can't decide which way this is going. Feel quite bullish about the share but can't help but feel there is a short term dip on the horizon that may facilitate a buy back before another bounce. Plus there always seems to be another skeleton in the cupboard waiting to come out. We wait and see ..........
M1k3y
Posts: 1,438
Research
Opinion:No Opinion
Price:270.20
Signature to sue Mishcon
3 Oct '17
M1k3y
Posts: 1,438
Research
Opinion:No Opinion
Price:268.30
Litigation costs to rub salt in RBS
1 Oct '17
http://www.lse.co.uk/FinanceNews.asp?code=50r9yovz&headline=UPDATE_1Litigation_costs_to_rub_salt_in_RBS_investor_wounds

https://trading.co.uk/story/3a0f5335-01fa-40ac-8ecf-d8b5751bfc64/
M1k3y
Posts: 1,438
Research
Opinion:No Opinion
Price:268.30
Re: AG
30 Sep '17
Bird & Bird ranked tier 4
Signature LLP Ranxed Tier 4
Rosenblatt Solicitors ranked tier 7
http://www.legal500.com/firms/2986/5002
M1k3y
Posts: 1,438
Answer
Opinion:No Opinion
Price:268.30
RE: AG
30 Sep '17
Not sure you have anything to lose at this stage JP.
At this rate , us claimants could end up litigating against the AG themselves !!!
What a mess.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.