Member Info for inflationbuster

Trend is your friend.

Interest rates are going higher.

What does that mean?

Banks make more profit due to increasing NIM.
Banks pay higher dividends.
Banks will probably buy back more shares.

Until l see a pivot l hold.

I expect NatWest will possibly likely do another directed buyback reducing the share count even further in the new couple of months.

318p is a potential target.

Hope they finally refresh the Website that Clem never invested enough in. The website looks like it was designed by a programmer rather than designer. A real dogs dinner.

Ha ha lol

Technicals suggest some consolidation needed before the next leg up.

All IMHO of course.

Rising in advance of results IMHO which should be record breaking pre-provisions.

Rising dividend and directed buyback must surely be on the cards?

Back to 265p, it's stubborn hopefully it will break in the new year.

By Roland Head. I think FTSE 100 bank stock NatWest Group (LSE: NWG) offers investors the opportunity to profit from strong earnings growth and a market-beating dividend yield.

Rising interest rates are providing a long-awaited boost to the bank’s profits. NatWest’s net interest income rose by £771m to £2,640m during the third quarter. This helped to increase underlying profits for the period by 76% to £1,333m.

One risk is that late payments on mortgages and other loans could rise next year if the UK economy continues to slow. NatWest set aside an extra £247m to cover possible future losses during the third quarter, but management say there’s no sign of any repayment problems yet.

Broker forecasts suggest earnings will rise by a further 31% in 2023. Despite this strong outlook, the stock currently trades on just six times 2023 earnings with a dividend yield of 6.1%. I see NatWest as one of the best stocks to buy for 2023.

https://www.fool.co.uk/2022/12/20/top-british-stocks-for-investors-to-buy-for-2023/
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265p is resistance. Once we breach 283 then 318p.

Well good luck. My average is 801p so l don't feel like averaging down further until l see the company making a profit. They are still not at 2019 occupancy levels.

Why top up they will make a loss in q1 2023! I don't get it.

Dire results. Loss expected in Q1 2023!

IPlayer is far better for the world cup.

ITVX doesn't even stream on most TV apps.

There's doesn't seems to be an LG app update yet, still waiting for that.

On the iPhone works fine.
On the Web works fine.

Some times adverts take time to transition.

Didn't even have to login on iPhone it just worked and now l have live TV on the move.

From a tech point of view gap is closed and l expect the price to recover in the days to come.

Holy carp.

@carvegyber is short or with a fund that's short...?

Look at the EPS. If the trend continues the dividend is more than covered. I'm buying when others are fearful. Yes a recession is coming so am nibbling.

LMAO

Sounds like NatWest are being overly cautious. Seems oversold IMHO.