Member Info for Babarusa

HMT holdings below 16%

Target is now 440p - https://www.asktraders.com/analysis/natwest-shares-surge-58-this-year-will-the-momentum-continue/

Average analyst price is currently around 355.

The high forecast is 400.

Agree with eccles04, there's more to come.

Nearly three million shares bought and cancelled over the last three days.

Every day last, NWG purchased more of their own shares with the intention of cancelling them.

Fewer shares to buy, every day.

Getting closer to election day, will the government stake be under 20%?

Demand will rise.

Interesting there's little to no publicity about this latest reduction. Might even be under 20% before the election.

Down initially, then trailing lag up

Probably dropping due to another share buyback, under 22% now

https://www.proactiveinvestors.co.uk/companies/news/1049551/government-sells-another-portion-of-natwest-stake-1049551.html

Indeed, a shared buyback and subsequent cancellation happened yesterday (https://www.tipranks.com/news/company-announcements/natwest-group-executes-share-buyback-plan-3)

Likely to continue, so the number of shares will drop.

Interesting news, who are the letters being sent to?

Check Ricky - spot on, there will be plenty of others willing to take the offer.

Asperger1 - The best time to buy is now.

Broomfielder - Given there's no fixed date for the government's exit , the SP could definitely be near or even above 500 when they finally exit. Unless you know something...

Personally, I don't think it will be a June date, however there seems to be numerous rumours that it will be.

Assuming recent performance will continue, then there are fourteen working days until the beginning of June. If you believe the government can get the sale sorted by then, you should be able to accept that the share price will continue to increase as it has done recently.

If the share price will increase at 1% per day on average, that means thanks to compounding the share price will end May on 360.

So, a discount of 10% means that the government would be offering the share at 324.

Alternatively, if the June 24th rumour is true, then at 1% average compound increase per day, the share price would be 418 on June 21st - with a 10% discount giving a price of 376.

Either way the share price will be higher than today, meaning it's a buy. I still think the government wants the 500 it paid for the share and will either wait or just sell in dribs and drabs, but I suppose we'll find out soon.

Plenty of time, no confirmation when and how it will happen. With DB setting a target of 344 and Barclays setting a target of 400, there's every chance the price will continue walking up to achieve those. Then the target will shift higher and the government gets the price it wants. Like I said, everyone wants this to succeed.

Do you think that they are waiting until it's closer to 500 to make back some of their money?

Yeah, the dates seem cherry picked and are noise rather than signal.

The share buyback will mean we get a larger stake in the company and a higher return on future dividends.

All in all, positive for NWG and us.

What's this random bunch of dates showing?

DYOR bro, but

Marketbeat has 350

Investing.com has 360

Trading view has 360

The government wants NWG to succeed

The institutions want NWG to succeed

The rich want NWG to succeed

Massive upside.

I do agree with Shazabo that no-one knows anything as such, although all it takes is some "animal spirits", like Keynes said, to push this higher and a run up will happen, against all logic, for no reason than the chance to make a profit!

That's the beauty of markets!

Google already shows this at 4.70!

Interesting forecasts....

"MarketScreener polled two analysts, and the stock's consensus rating was also 'hold'. The analysts’ predictions offered a 12-month share price target of 68.50p with a low price target of 24p and a high price of 115p, as of 4 January"