and there was me thinking RBS would be a good share to buy....... and then my legal high wore off! I put the case for buying RBS in the same bracket as the case for legalizing class A drugs cuz you know what guyz just chill... we're all on a journey yh.
For those investors who don't expect to live until 900 years old, I would recommend having a serious think about this investment as it seems to me that Lloyds has established a clear range prior to the dividend payments (next year?) of 79-83p and have an operating profit of £6bn. If/once they can clear all PPI repayments etc, they're looking at a big profit, which will increase year on year if the global economy doesn't collapse again. You decide which is the better investment!
For those sat on a loss, it might be hard to sell so hold it out, but for new investors don't go near RBS! This bank is a product of the de-regulation era and I doubt very much that it will ever return to the lofty heights of the past.
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