Three way coilition , That'll be UKIP the GREEN party and another , lol. ...a public sale with a decent discount might have got him a few votes but , like Lloyds , market conditions are against it just now .Not sure that announcing dates for a future sale will help all that much although I think your right about some kind of statement being made . Redeeming the DAS will cost around 2 billion , make a big hole in their profits but then again they have had a big improvement in impairments , so who knows . It may well happen in 2015 , still think it's likely to be early 2016 before dividends restart . ATB .
My idea of a 'big announcement' relates to RBS. My guess is that he will at least announce dates for the sell back along with some figures to show how good a deal it has been. I don't argue about the election, it could well end up with a three way coalition. Now wouldn't that be fun?
Don't hold your breath Johnny , until the DAS situation has been resolved dividends are unlikely .The bank has reached agreement on purchasing the DAS but have until Jan 2016 before incurring any penalties . , Could happen before the next election but at the moment they don't seem to be in any particular hurry . The RNS on the 9th Apr . has all the information .
What do people think about when they will start paying a dividend again? Will the government want it before the next election to add money to "their/the countries" bank account? A bit of good financial news?
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.