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Whilst we all hope this is not a rerun of 2008/09, the collapse of the SP (of almost 25%) in little more than 2 weeks, has once again given lth in particular that uneasy feeling the falling knife has quite a way to go yet before it hits the floor.
Never mind, we have A Rose and a soon to be rebranded name to get us out of the quicksand. Oh, no doubt its not anyone's fault here, its simply that nasty coronovirus which after all, no-one in the Bank could have foreseen.
Never mind, in a couple of weeks the SP should tick up - just before the collapse should resume once it goes ex-div.
Yes HM Gov are desperate to sell their remaining holding to shore up their post Brexit plans, so the Market is well aware etc. that disposals will happen sooner than later.
And everyone thought it such a bargain when the SP approached £2.........
B
This bank was bad when it was more than a hundred billion in debt ,but they hired the right man in ceo Stephen Hester but that wasn’t good enough for the pm David Cameron & school boy George Osborne , nota bloody bars iron brew of knowledge between them the too flower pot went into high gear for more destruction , by sacking Hester , and hiring Georgie boys pick in Ross Mcewan , from Newzeland , well he was top brass for selling and removing banks like a ice cream shop selling ice cream in a heat wave , the man was useless , just like the CHAIRMAN ha ha Sir Philip HAMBURGER HAMMOND now we have ceo Alison Rose , ?.....??? They will keep changing this share about just ta keep the very wealthy getting on the gravy train again , when we leave the EU and start trading with all the world , but they will still keep putting the spanner in the works , just ta stop uUS that will never get there money back ,ha ha ha they are so out of touch we the ordinary punters they made shares into 10 so it looked a bit better looking for new customers , ta spend there money in this , bottomless pit RBOS ?
This bank was bad when it was more than a hundred billion in debt ,but they hired the right man in ceo Stephen Hester but that wasn’t good enough for the pm David Cameron & school boy George Osborne , nota bloody bars iron brew of knowledge between them the too flower pot went into high gear for more destruction , by sacking Hester , and hiring Georgie boys pick in Ross Mcewan , from Newzeland , well he was top brass for selling and removing banks like a ice cream shop selling ice cream in a heat wave , the man was useless , just like the CHAIRMAN ha ha Sir Philip HAMBURGER HAMMOND now we have ceo Alison Rose , ?.....??? They will keep changing this share about just ta keep the very wealthy getting on the gravy train again , when we leave the EU and start trading with all the world , but they will still keep putting the spanner in the works , just ta stop uUS that will never get there money back ,ha ha ha they are so out of touch we the ordinary punters they made shares into 10 so it looked a bit better looking for new customers , ta spend there money in this , bottomless pit RBOS ?
Lol yeah but a somewhat misleading statemwnt with an RBS MCAP of 23 billion versus 330 Million
Metro SP will soon be greater than RBS!
Is this drastic and painful drop down to Nat West getting the good bits and RBS getting the dross?
It’s scary to think about it but we’ve been talking over the years about total government control.
Any positive news anyone.