Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Good point Dinoken.
I have always been of the opinion that a Conservative majority would be good for the SP at least in the short term (positive spike) but on the flip side with such a GE result, the £ would strengthen which is normally bad for this and other FTSE100 companies so maybe the spike might not be that big with the market having already priced this in. Taking that a step further maybe there is more downside that upside in the short term?
I know trying to second guess SP movements is fraught with difficulty but would welcome others thoughts.
GL all
Damn auto correct lol.
It’s McDonnell by the way.....
Or is he also offering free meals to all with broadband by privatising a burger chain?
Just been listening to John Mcdonald implying shareholder's rip off the public. Personally I am not sold on that argument, but it occurred to me that HMG still have a big holding in RBS. Why not gift those shares to the public and give everyone a share in RBS profits so that the public at large can benefit? Too outlandish? Too equitable? Or is that just plain mad!?!??
JABH - agree with you entirely. If polls are correct, Friday 13th might see a huge RBS sp spike or does anyone think that Conservative majority in parliament is already priced in ?
What this company needs is for institutional investors to invest in small businesses rather than funding large/boring businesses to just maintain the status quo/stability - which is terrible for consumer choice and is quite depressing for the majority of citizens.
Since Central Banks decided to support existing businesses getting larger - instead of financially supporting more competition within the economy - then choice has decreased, prices have risen, and there are fewer products on the market that I find interesting/useful.
Who's to say Labour would not end up bennefitting RBS - free broadband might encourage RBS to transfer investment away from larger businesses towards new competitors/startups. This should be within the consumer goods markets (as I don't need more online crap such as gambling companies which destroy citizen's lives. In fact even watching too much TV/internet is an incredibly unhealthy lifestyle and one which humans were not designed for by evolution).
So Labour could end up spurring RBS to do what it doesn't seem to want to do - to invest in small UK independent producers of consumer goods and startup UK food producers). This may benefit them and their share price over the medium-long term.
Personally I'm not convinced the Conservatives have done anything other than cause chaos over the past nine years with no net gains in productivity of citizen well-being.
We quite desperately need a Conservative majority I would say. Anything else puts this stock at risk. On the plus side, that does seem to be what the polls are pointing to.
Word 'certainty' is not in stock market's vocabulary. But I predict, with confident that all the UK bank's shares will rise if the conservative wins the next general election.
Not the 13th, but Black Friday itself and RBS/Natwest online banking down. Lots of very unhappy customers out there.
BO it could work, it could be good if it gets slated by some, and others might like it being silly. No such thing as bad publicity, maybe.
Ha, nice.
Just been told down pub that in addition to BO being the well known acronym for body odour, it is also irish for cow ! What imbecile came up with such a ridiculous name for such an important initiative designed to take RBS into Fintech ? Irish eyes are'nt just smiling, they are laughing their heads off at the new Cow Bank ...
Strange - I thought the market would have reacted more strongly.
Hung parliament sounds great to me - would like to hang the lot of them. Completely useless institution that failed to deliver the Brexit vote. Only interested in doing nothing, publicity seeking and re-election based on manifestos that simply cannot be delivered because there is not enough money in the bank (RBS or any other bank). Serves no useful function whatsoever. In meantime, RBS sp is advancing on all fronts from technical perspective, with Resistance 1 at 237 and Resistance 2 at 246 in plain sight. Hoping for a happy xmas for RBS shareholders ...
The Boris lead is dropping, strategic voting will also shake it up.
Just when you thought it was all over ...
RBS faces bill running into hundreds of millions of pounds over its refusal to pay PPI to people who have been insolvent. After five short years, Court has ruled that RBS to pay refunds and interest to customers who owed the bank money, but whose debts have been discharged.
You could not make it up.
Anything seems possible now that Central Bankers have destroyed their credibility instead of resetting the financial system (which they could of done in autumn 2008 but chose instead to cover up the previous excessive levels of financial fraud in the economic system as a whole by creating a Ponzi scheme fuelled by ultra low interest rates, currency depreciation, and direct interference in the running of private companies (such as when they told GM, Ford etc to produce cars/trucks with smaller engines contrary to what a large segment of their customers seemed to have wanted - large and powerful utility trucks to get on with the business of upgrading infrastructure in the USA).
Back in autumn 2008 who would have believed that QE1, QE2 and QE3 were going to come along?
Back in autumn 2008 who would have believed that global oil production would increase by 20% by 2018 (when everyone on the news/in the media at the time wanted governments to stop funding fossil fuels due to climate change)?
Back in autumn 2008 who would have believed that the transfer record in football would increase to over £240 million (the Neymar deal)?
Back in autumn 2008 who would have believed that UK interest rates would stay at 0.5% for the next eight years and would by late 2019 only be at 0.75% (instead of back to 2.75% for example which still seems quite a low figure)?
I'm at a loss to know what to think anymore. It just seems so bizarre these days that with the right people in a room an asset can be valued at £300 million, and change the people and suddenly the valuation becomes, "it's a toxic asset which isn't worth anything at all."
How can the financial system function when someone can buy a toxic asset for £1, change the people in the room, and suddenly it becomes worth £300 million and that's the price another company has to pay (and their shareholders will lose out next year when the asset is written down to zero and the share price adjusts downwards accordingly).
Told down pub that only fools would consider selling these shares, and on further consideration, think my financial advisor is right. Despite Jeremy, political uncertainty, low interest rates, low NIMs, cost of future conduct, government stake et al the sp has just smashed the 200 day moving average and is heading north !!! - no kidding. This is indeed as bullish as you can get. Next resistance levels 240 and 270. IMO this is time to buy ...
Furthermore, Nastywest is about to cream customers with reward accounts (like me) by withdrawing cashback on household bills - bar stewards.
onelong that sounds about right, expecting 260 by the time of full year results, and I'm serious. The election bounce might bring it about sooner. IMHO
i'm hoping to sell at 2000 a share in the future (Friday smiley face)
Why?
Karma, up 5p as I write, goodbye. And GL
I suggest you split your monies between BP and Shell as you are keen to destroy the planet Ha Ha DYOR
There is support available for mental health issues via the NHS website.
https://www.nhs.uk/oneyou/every-mind-matters/?gclid=Cj0KCQiAtrnuBRDXARIsABiN-7C9udRxvPXzRcKtFqL5y2OJYExkgKX1VqTK1Y5q4-EReZ5409IFqNMaAs6nEALw_wcB
If Bill Gates took 0.5% of his wealth to the Sainsburys in Ealing (on Melbourne Avenue) and randomly purchased items until he ran out of money how many items would be left in the supermarket for other people?
If Ma Huateng or Jack Ma spent 0.1% of their instantly available money (cash, cheque, or card) on purchasing £1 bars of chocolate how many could they purchase?
Also, personally, I don't want free broadband all that much.
I want fuel prices to be 40p per litre (or less) so that I can afford to travel around the country and enjoy friendship, food, music, comedy, sport, and banter, (in short - life as it should be lived!)
If Wayne Rooney went down to his local supermarket how many Cauliflowers would he be able to pay for and take home with him for a week's wages? How many transit vans would be needed to transport the cauliflowers if each van was only used once. Assuming the distance the cauliflowers were to be transported was 22 miles - how many litres of petrol would be needed?
Why has there been a supposed large increase in the number of dollar billionaires globally since the turn of the 21st century? What happened to government promises of financial stability?
Many people don't even want free broadband.
We want petrol/diesel to be 45 pence per litre and for subsidised electricity prices to be removed for owners of electric cars (poor people should be able to afford lighting and storage heaters before we subsidise the electricity prices of those with electric cars).
If Wayne Rooney went down to his local supermarket how many Cauliflowers would he be able to pay for and take home with him for a week's wages? How many transit vans would be needed to transport the cauliflowers if each van was only used once. Assuming the distance the cauliflowers were to be transported was 22 miles - how many litres of petrol would be needed?
Why has there been a supposed large increase in the number of dollar billionaires globally since the turn of the 21st century? What happened to government promises of financial stability?
If Bill Gates took 0.5% of his wealth to his local supermarket and randomly purchased items unless he ran out of money how many items would be left in the supermarket for other people?
If Ma Huateng or Jack Ma went down to their local supermarket how many £1 bars of chocolate would they be able to pay for and take home with them if they spent 0.1% of their net worths on buying the maximum number of £1 bars of chocolate?