If you had bought BATS in January at 3012 and sold yesterday at 3572 you would have picked up a £13K dividend and £75K profit with much less risk. I bought in January when I sold my RBS holding and took the dividend but sold in March, not at the same depth but sufficient to be pleasing. I bought back into RBS in March with the same beliefs as you have today but have since reduced to less than 25% of that total. I really have found greater belief in other directions though, now that I have done these figures for you, I rather wish I had stayed with BATS till yesterday!
Or even worse the collapse of RBS!! If that happens I am doomed. it is certainly a daily roller coaster and when I am above break even point as I am now if it dips a few pence I do not take a drop to heart.
At some point , yes but maybe not soon . Like Lloyds the SP is likely to be held at the selling price , whatever that will be , could take a few years for it to get higher than that . Can't see the big players being willing to pay over the odds for RBS at the moment especially with no dividends and better prospects elsewhere .
We all have different ones. mine is a monetary gain. I buy in big and wait and wait hoping that sometime in the next twelve months it will reach my target .I bought in at 3.145 including costs and want to sell at £3.55 giving me a gain of 52k on a 130000 shareholding If I can do this once a year I am quids in. It sounds simple but it does require a lot of bottle when the share goes below£3.00. my stance is don't panic and don't be greedy. When I sell I then wait until the share drops back to original cost and start the process again. I went in alittletoo early this time as I had a gut feeling it would drop to £2.90 and had I waited I would have been back out by now.
Now just be patient and wait for the profit.. .. A 12p increase to 238p plus will beat any savings account... Do this 4 times a year and you are probably looking at a total gain of around 8% to 10%.. A year.. Hopefully we can both sell by the end of June.. If not I wait untill I am in profit...
There has already been 3 opportunities this year already ... 2 of which I have benefited by.. So waiting is the key and time will no doubt produce a profit..
At some point that Lloyd's moment is going to happen, IMO, but it's a matter of when. This summer, next year, 2016 - I really don't know. But that was a point I was trying to make: if I bail at 380ish to take a profit, which is what it's been previously when it was still making a loss or thereabouts whereas it's just posted a £1.6b profit for first quarter, so it should get there again, I am fearful of missing that moment and it say shoots up to +£4. I think this share has been pegged down due to many factors, but if you look at all the positive sentiment now economically, business growth, inflation under control, the sale of Citizen getting teed up, and no doubt some good news the government wants kept quiet until just before the election, surely it's going to happen soon. I am a fairly long termer, having invested at 27.8p in Jan 2012 I think it was, the money sitting in a ISA earning s*d all. So whatever way I'm lloking at it I am up, but I was rather hoping to double my money. I could weep that I didn't invest in Lloyds frankly, but hey ho, that's shares. Maybe my Lloyds moment is wishful thinking?
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