If you look at Lloyds history for sp when they were on the way back to good health the sp climbed to 89p then came right back to where they are now due to uncertainty with the country and I would say with more certainty within the uk would be double what they are today, I am thinking along the lines that rbs can do the same as Lloyds as regards to the sp climbing with improving results and the uncertainty out of the way,
Hope the final payout for ppi is not going to be too drastic, Lloyds maybe are more preferred than rbs but maybe rbs could do better than Lloyds in the longer term as rbs as a bank are more versatile and not jus uk focussed,
jimjam if profits hold up over next 3 yrs I will bet you 4p that the sp will be 400 no less
My apologies but I am not speaking about before 2007 but I meant to say in the last 2 to 3 years when rbs were still losing money but the sp was much higher,
jimjam that was well put, hopefully rbs will stay out of the spotlight, also from 5.4 billion set aside for ppi so far 4.9 billion has been utilised therefore that should help towards the 6 to 900 million late claims,
The market moves in mysterious ways rbs sp had higher value when the bank was losing money,
I suppose patience is what's needed in the present turmoil of the country,
what happened for such a rise in sp today
Still can not believe that yesterdays news about rbs and ppi didn't affect the sp, 900million is a lot of value,
Bought back in at a slight profit, better than a loss,
Bought back in due to future prospects so for long term,
I will be back in soon I think but the news at the time was a knee jerker,
jimjam as soon as I read the report I bailed out, my mistake maybe but I suppose in these volatile times I will be back in soon,
Very surprised the sp has not tumbled on this latest news which I also read on BBC,
I thought the same as you also with the trade war getting worse,
with Brexit out of the way rbs sp should be worth a good £400
The worst outcome regarding Brexit and trade war is probably priced in this share is worth much more after all the work done on the turnaround of rbs, when will the new ceo be announced ?
Hope it does come good for you and I think it should,
You are right what we need is Brexit sorting but I do not think anybody will be allowed to do anything to destroy the uk economy
Type the https in to your browser, sorry it is saying how rbs are overloaded with cash
https://uk.reuters.com/article/uk-rbs-capital/investor-frustrations-build-as-rb