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.
I acknowledge and agree with your last statement,unfortunately ,as a great nation we do not look longterm most of us,just what's round the corner and unfortunately many will follow the herd instinc and play safe.
You can place an order and set a price limit that you are willing to pay and let it run for however many days that you wish, then you do not need to look online. If it drops like a stone after that, then this is where you run the risk if you cannot access any share dealing/prices.
The profit figure released at results time is a net amount takes into account other things like write downs and offsets. RBS might well have exceeded Barclays in terms of gross profit, but the other items reduce this to a loss. In this respect, the relative size of the two banks is irrelevant.
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