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,
Well put, Already Barclays have put aside £38million to compensate people who bought solar panels as they are not generating the return they were promised,
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,
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,
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 ?