Royal Bank Of Scotland Share Chat (RBS)

I am.

is anyone else happy or is it just me?

In my opinion, Hester has and is doing a good job. I believe what he has to say, and better times are ahead 2014/5

Remember what i said Tuesday 3.11 for thursday ready for the big BANG Friday get out now ,back in Monday!!!!

Whatever the situation is, RBS no doubt is a political football or weapon that the conservative need to make full use with wisely, which means us, the investors in this crap share's fate depends on it.

I think behind the scenes the government know pretty much what to do, the rest is just media speculation. Osbourne and co and Hester must have regular contact. Osbourne knows full well if he doesn't privatise the banks before the next election and Conservatives lose, he will go down as one of the if not the worst chancellor in history, there's no way he's going to have that record...!!

The idea that tax payers 'already own' the shares they are being asked to buy is a fallacy. If we owned them, we'd be able to do what we liked with them; we can't, and so we (taxpayers) don't 'own' them.

After 4 years in which the Goverment have had chances to reduce their holdings at a more resonable price, they still have no radical plan in how to dispose of the shares. Their newest idea is to sell the shares to the British public,at i assume an atractive price, but why would the Taxpayer think it a good idea to buy shares they allready own, so their two great ideas in allthat time, are to sell them to Joe public (twice) or give them away, RBS has become a long time proposition, so why not make it a longer one and see some return, why not surrender the shares back to RBS, charge intrest on them, take some of them out of circulation, increace the SP, let RBS sell the rest over a period of time , and paydown the loan that way, it may be a flawed idea , but at least it shows you can think outside the box.

I'm glad I went out! These numbers are enough to frazzle a man's brain. I have to stay with my basic equation which is that whatever the totals and however they are held or allocated they represent the total value of the Company. Ergo any that are sold will be worth a proportion of the Company equivalent to the numbers. I am happy to leave the allocations and sales to the brains in Westminster, the Bank, and the Stock Exchange. 307p was a good end to the day.

What your saying makes total sense. I'm just looking up issued shares as opposed to treasury shares and outstanding shares and it's confusing the hell out of me...!!! I thought the 6.1billion were floating shares which are actively traded in the open market and the governments holding was separate. Need to do a lot more reading on this...!!!