The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If they were aware of bad news they would have to disclose. The Group often has a close statement say mid-Jan to ensure an orderly market in the run up to finals on 14 February. Suggests these guys are going elsewhere.
This news make me uncomfortable, is bad news going to be disclosed?
Interesting to see where they go? Antipodese?
Hope they were not using the BofE info on rate changes to gain 5min advantage.
Sacked in time for christmas. New strategy to be unveiled on valentines day. Rose wasting no time in picking up the reindeers.
RBS still 20% below NAV. Lloyds trading 20% above NAV. I fully expect this to realise its real value in early 2020.
Allowing that around the time of the interim div pay't it was trading at 180/200 and is now 250 I fully expect it to be 300+ when full year figs come out. Hence we can ignore modest fluctuations IMHO
Is back. Looks like Brexit will be as hard as chewing on a brick. Citigroup downgrade to Neutral from Buy. What a difference a day makes ...
Boris no deal back on table .why sp down .the man cant be trusted.
Maybe short term profit taking? I bought some more at 251p this am. Looking forward to Mid-February results.
Don't understand what's happening with the SP. It apparently closed at 261 following the MS announcement but Google was already showing that it was down to 256 at around close of trading. This morning it's dropped to 251. So 10p down in a matter of moments and the only news is good news. Corbyn out, Boris in, China-US trade war de-escalated, and an upgrade from MS.
Good news and I see us getting there by Feb '20. Stress test news should help as well. GLA
2.71 is the govs minimum sell price but think they will be quids in if they hold for a little longer.
jj - agree with you.
Santa's Elf down pub reckons no sales till Brexit done and US trade deal in place, at which stage sp will indeed be 300+. Until then, shareholders (led by govt) will have to accept massive dividends !!! Hope sp does not tank as much as it did last time divi was declared.
Back to plot, fly in ointment is if Trump gets peached, some Obama type takes over and no US deal in sight. Elf recommended buying some gold (HOC, CEY) while watching this latest US soap. IMO, Trump will wipe floor with opposition and RBS will be 450+ this time next year.
Dinoken there is now a good chance that RBS will be trading above 300 by the time of the year end figs which would be a good time to announce a planned reduction in the gov't holding IMHO
Never seen such a large percentage rise in this share, and do not expect to see it again any time soon.
This despite RBS sneaking out news that it will pay £40m compensation to 730,000 customers for rigging FX transfers that boosted the bank’s profits. How many more of these scandals are there ?
Anyway, rapidly approaching the level where UK Gov will start raising funds to pay for promises, which means selling chunks of RBS. Anyone any views on what level that might be ? About 270 last time round but suspect that Boris will need the cash sooner rather than later ...
Agreed its a bit like Hitler when the allies stopped trying to assasinate him towards the end of the was as they felt he was playing the biggest part in their downfall at the end. Yep changed my mind now sound reasoning !
Hopefully Corbyn stays on - we don't want an opposition leader who's an actual threat. He's turned out to be quite a gift with his mad, socialist views.
Always amazed at lack of traffic on here compared to Lloyds but my holding on RBS is slowly becoming a key share in my p/f agreed will be holding for a bit longer to see how the divis pan out. £4 by end next year would be nice but i think a quick climb up to £3 should be on the cards. Joy PPI nearly put to bed ,Brexit now going to happen & most important Swinson out & hopefully Corbyn to follow.
In my experience of this kind of rise it’s usually a three session thing - it achieves the first day high on the 3rd session so if you’re selling.... Personally I’m waiting for another divi or two! GLA
Hope the treasury are selling a few!
Opened over 10% up! Hope the momentum carries on throughout the day!
£2.50 will be good. £3.00 and it's party time!
JABH it looks like 250+
And I wanted another referendum.
Funny old game.
Could be a good day if the numbers play out per the exit poll.
£3 or £1.50
Stakis, allowing that as recent as March this year the sp was 270 there is plenty of upside IMO.
The problem for me is that a hung parliament looks more and more likely, which will disturb the markets.
For my RBS investment a Boris majority offers the best prospect for a share rise, whereas a hung parliament means I get another chance to vote "to stay". Good Luck from a confused investor.