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Royal Bank of Scotland Share Chat (RBS)



Share Price: 347.10Bid: 347.10Ask: 347.20Change: 0.00 (0.00%)No Movement on Royal Bank Scot
Spread: 0.10Spread as %: 0.03%Open: 346.10High: 348.90Low: 343.60Yesterday’s Close: 347.10


Share Discussion for Royal Bank Scot (RBS)


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jings100
Posts: 8,030
Off Topic
Opinion:No Opinion
Price:347.00
Tucson
6 Sep '14
In the event of a Yes vote Scotland will not become independent overnight . Lot of water still to flow under the bridge . At this point in time don't see it as being the cause of any dramatic falls in the SP .The fundamentals of the bank aren't going to change . I'm expecting a bit of a drop at the moment but the independence vote is just one of a number of factors. Long term , even with a Yes vote and despite some of the stories in the MSM , not sure it would affect the bank's profitability that much ,it's all ifs buts and maybes at the moment . ATB
 
mailman
Posts: 1,969
Off Topic
Opinion:No Opinion
Price:347.00
tucson ..All
6 Sep '14
You are entitled to your point of view... sadly you should have thought of selling a week ago in the 360s.... not wait for a 20p drop....... but you will probably have a chance of buying back in at a lower level... as for 320p ..who knows...

Regarding the YES or NO vote... is see no major concern to RBS.... apart from usual hype at the time.... The chances of falling 1% a day to the 18th is a big call.... that said RBS has gone up and down many times for the past 3 years....

Your view about any rise to the high 200s depends on what time scale you are thinking about... months or years.

Once you start to predict or speculate ... you then start to guess ... and you can end up with many different possible results over different lengths of time....

I tend to invest on current moves .... and not what may or not be in the future... many have waited 3 years hoping for 200p to 330p and lost money making opportunities watching their investment go up and go down so many times ... and only to end up near the price now.... that it was 3 years ago.....

I let the market be my guide and with experience gained. it can grow your knowledge if only to help avoid past mistakes... and hopefully more chance of profit...

Good Luck ... whatever you choose to do.....
tucson
Posts: 226
Off Topic
Opinion:No Opinion
Price:347.00
SP
6 Sep '14
I have sold out my complete holding Thursday and Friday on the assumption that the sp will continue to fall up to the election unless some event/poll shows that the NO campaign has a significant lead. I cannot see people buying with all the uncertainty involved but I can see people selling until the situation is clear. The risk is of course that it soars on some news and I will have to buy back in at a higher price but my gut tells me a gradual fall is more likely.
If Iam right and it falls at say an average one percent a day then we could be looking at a price of around 320p near the 18th but this is of course pure speculation.
In the event of a YES vote what are peoples view as to how low this could go before being seen as fair value? My view would be back into the high 200s.
Tricky times so good luck whatever your strategy.
mailman
Posts: 1,969
Off Topic
Opinion:No Opinion
Price:347.00
Jings100
5 Sep '14
Thanks Jings

340 is my guide line .. Whether it repeats the last drop to 334 we will see...

World issues could well be a concern if things get worse. .. Stock markets at all time highs in UK and USA ... May have a pull back... Euro zone finances on the agenda again.. Lot of ifs and buts that may or not happen...

GL.
jings100
Posts: 8,030
Off Topic
Opinion:No Opinion
Price:347.00
Mailman
5 Sep '14
Next Gap 329 mate , well below your target of 340 which might not be too far off . Maybe ? ATB
mailman
Posts: 1,969
Off Topic
Opinion:No Opinion
Price:350.20
TheTraveller...
5 Sep '14
Yes nice drop ..

Do not know if any gaps are closing... Jings100 will know that...

World issues can be a worry at the moment...

See how the USA open and end today....... Would like to see nearer 340 ish To think about next buy in..

GL
TheTraveller
Posts: 496
Off Topic
Opinion:No Opinion
Price:349.00
Neephead/Mailman/Jings100
5 Sep '14
back last night......... Where is this going..... maybe back in next week,,,,,,,,,,, or is that itchy feet
jings100
Posts: 8,030
Off Topic
Opinion:No Opinion
Price:349.00
Tucson
5 Sep '14
Good point ,...Scotland , if it's a Yes vote , don't become an independent country on the day of the vote . It'll probably be some time in 2016 so they may just let the general election go ahead as planned. No idea to be honest but regardless of that all labour will do is change their policies to suit the situation . Blair's government , in some ways , wasn't all that different from Thatchers . I doubt the Tories will have a free run at it .
tucson
Posts: 226
Off Topic
Opinion:No Opinion
Price:354.40
View Thread (2)
RE: LennyMac
5 Sep '14
Hello jings100.
You say "If Scotland vote YES and Labour get in". Would it not be almost impossible for Labour to win the next election if Scotland vote YES as 41 Labour seats and 6 SNP seats would disappear forever. This would leave 602 (649-47) seats to be fought over. Currently the Tories hold 303 seats and Labour 257. Therfore as of April next year (not allowing for the odd bi election) Labour would have 216 sitting MPs and The Tories would have 303. That would mean one huge landslide for Labour to get back into power. In my opinion a YES vote almost guarantees a Torie Government for the foreseeable future.
As for the effect on RBS well......
jings100
Posts: 8,030
Off Topic
Opinion:No Opinion
Price:350.80
View Thread (2)
LennyMac
4 Sep '14
Looking at the charts 300 seems to be about the bottom of the range this year , been expecting it to move to a higher range for a few months now but so far 365 / 375 seems to be the upper limit . Divi's would certainly help but doubt there will be any news this side of the election and possibly nothing until early 2016 .If Scotland vote YES and Labour get in , the situation in Europe worsens , our economy slows down and the situation in the Ukraine and the middle East doesn't improve or indeed any of the above , I'll revise my thinking but at the moment I'll stick with a range between 300 / 400 over the next 18 months but wouldn't be surprised to see it narrowing as you and mailman are suggesting .





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