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what we looking at 155 to 150. more if Italians wobble, or'' Bank England '' trying to look important
on the world stage , with interest rate cut. which will be more use than a concrete parachute.
hi
Any one thinking what the next dividend price will be ?
Thanks Dartron..well yes I am optimistic about this share..by the way I would like to know other better buying opportunities than this on positive note. You mind sharing your views please :)
I do not share your optimism. There are plenty better buying opportunities around. That is exactly the problem.
There have been more buys than sells every day this week, by at least £2m each day I believe, which is a little bit encouraging as I watch my investment shrink by 1000s!
No one knows what's bottom however this should be buying opportunity irrespective this will go bellow 150 or not..i got a feeling when this will turn around it will touch around 200 quicker than all expecting and cant get dividend yield as good as anywhere else with this share price ..considering dividend will go down however it will be still much better than other FTSE shares. Very tempting to buy however I will wait for tomorrow and I may be I will regret tomorrow for not buying this today..all the best to everyone who is holding. I am holding my 1st lot at 175p and will average down if this goes bellow 155..
Dropping like a stone, yet more buys than sells.
It would be nice to see Ms Rose increasing her holding - I suspect some here are holding more than her!
Gary
“I'm at a loss here like others I assume!!
20% down in last 2 weeks. “
I told you a few days ago the market makers had already decided to mark the rbs down to 150p
And it looks like it’s going to be sooner rather than later. That’ll be the time to buy
Toff
May go to 155 to 158.
Before the 'artificial' share consolidation a few years ago (to make the shares more appealing to II's etc), todays price is equivalent to 16p against a Nominal value of 25p.
The 1:10 consolidation (and the hike in Nom. Value to £1) clearly hasn't worked and to me its always been better to view RBS as the penny share it really is.
As others have said, who knows where the bottom to this cycle will be but one thing is for certain that once the economic effects of Covid 19 really kick in, Banks will inevitably suffer further.
And thats ignoring Brexit for a moment - anecdotally, I am aware of many Cos already exhausting their stock piles for Brexit due to Covid 19 and supply chains are only beginning to breakdown.
I've lost more than enough money on this share, but it looks as if I'm losing some more. And we're not finished yet.
B
Hold. Things will recover it may take months. But it will recover. This is a cheap price for RBS imo.
I'm at a loss here like others I assume!!
20% down in last 2 weeks. Wheres the bottom here? Dont know whether to bale or hold?
Thoughts? Just interested in views not investment advice
Not wishing to criticise anyone here, but there are a constant stream of people on the boards "who are in the know" very few of them ever turn out to be right.
At the minute we've got resistance at 170p, will it hold? Not sure. If it does get to 150p IMO it'll be a bargain.... I think it's a bargain at 170p, but what do I know lol. One things for sure, coronavirus incidents are the market driver here at the minute.
Also - I prefer an ordinary dividend/special dividend split - makes perfect sense in any economic climate. I have added substantially to my position in banks. This is nothing remotely like 2009 - the great recession. Bank of Ireland, AIB, RBS and Lloyds are almost priced at that level - but there are so many substantial differences - such as the excess capital held as buffers - low interest rates (helping people to keep a roof over their head). In my opinion, if the Bank of England had a shred of sense, they will not lower interest rates. We've seen so many times, its is totally ineffective when they are nearly zero.
RBS paid a 15% divi for this year based on Current Price. Got to be worth a punt at this price.
Bristol
« RBS divi also reduced. »
Maybe but it’s still a good payout for those buying in now. The government will coin £600 million dividend from their investment.
Toff
Gary
“And how do you know that Toff??”
My contacts:
Market makers collude with one another and set prices well in advance. I’ll be buying in at 150p or less for sure, but not until.
Word of advice. Always buy after shares go ex dividend in the UK. Because the market makers price the dividend in 2-3 times.
Toff
And how do you know that Toff??
I'm a holder so no point in selling now.
I have it on good authority that the market makers intend to price RBS after it goes ex dividend. So if you’re looking to buy, wait until the MMs have smashed it down post-dividend.
A lot more shares for your money.
Toff
RBS divi is an insult, the Board are a bunch of incompetent greedy pigs
Government still own 62.4% of the shares - it has stated that it has no wish to own/run a Bank & have previously sold tranches @ 330p in 2015 & 271p in 2018 therefore it appears to be happy to dispose the shares at a significant loss. Budget next week & Government may be looking for significant NHS funding? RBS divi also reduced.
RBS seems to be suffering ahead of the other banks, why?
The real stupid thing is people's reaction to the virus rather than the virus itself.... talk about panic - I see no reason for any of the falls these last few weeks - now ultra cheap stocks across the Board.
Well let's hope the FTSE has a few positive days this week!