Member Info for jimjam

Once we win this test series the sp will be back above 200p. All about being positive, but not sure I am. Perhaps we will return to base rate of 15%.

You could be right but it could just as well be back to 200p time will tell. GLA

Thank you. Perhaps Trump will tweet and the markets rise, as I said before a dream.

Just maybe drop now and catch some napping with only small drop on ex div in the morning. The market is shaky.

nocashqxl like your idea that Germany are more likely to go for a deal, makes a lot of sense. If France in particular see their economy suffering then they may also push for a deal. Interesting times.

It could be that the Market has overcompensated for no deal brexit and that we see sp rise from here. I am relaxed about having bought more yesterday. If the share stays above 187p on the 15th it will have proved a sound move. If it opens down further then that's ok as not looking for quick profits. Good luck to those holding off from buying.

Had a feeling that the sp may not drop the full amount of the dividends when it goes ex div. As I'm more of a long term investor, been with NatWest shares way before RBS bought them, any fall will represent a paper loss. Can use the dividend in Sept to buy a few more. Interesting times and inclined to take profits whenever I can to rebuild the value of my holding .

Lets hope the share bucks the trend and does not drop by the full amount of divs and starts moving up and away. Just my dream.

Since the half year figures and market response it has got me thinking. Like you I have been thinking that issues are being addressed, however I am starting to believe the old banks are not going to change fast enough and the younger customers will go elsewhere. And older customers are changing their bank. I banked with NatWest for 40 years and then switched. My experience is not unique. I am getting decent interest on my current account funds which NatWest were not providing. It is not just the banks but lots of large businesses do not understand their customers changing needs, a good example is M&S. Perhaps it makes the argument to diversify your portfolio, not having all your eggs in one basket.

I have resisted change, and in particular online banking, but a few weeks ago 'made the move . It made me realise that our banks are wasting money with their high street presence. I use a credit card for all daily expenditure, shops are starting to insist on it. I carry a £10 note but go weeks without breaking into it. My bank closed its branch which i don't miss. The banks should be doing more to get people online and then they can really cut their costs and improve the bottom line. The Old banks are too slow to change, are we in the wrong share?

You have only to look back to March this year when it was 270p despite the good full year figs. and now with another decent set of figs we are at 201p, its very little to do with the prospects for RBS and more to do with Brexit, Trump, Hong Kong and all the rest; that's how I see it.

RBS sp dropping with the market, however those buying in the next couple of days have amazing opportunity for profit if good old Boris surprises and comes up with a deal. Of course pigs might fly.

From a look at the Sunday papers it looks like a good move to give a boost to the bank's

Latest news is going to test all the banks. Service sector not performing so well.

From what I can see, yes you are right, however it then carried on dropping whereas surely its not going to drop to £1.80 or lower. I have been feeling more positive about RBS but it would seem our whole economy is in for a rough ride with 'no deal' looking more and more certain. I shall stay invested in RBS, going with what could prove a rough ride although my intention to add to my holding before the ex div date is now on hold. I wish I had a decent crystal ball.

What can we expect by the 15th, £2.15 and then on the 16th a fall back to £2? I would like to see it go above £2.30 and show a fall less than the combined dividend come the 16th. Lets hear the positive together with those who want to show a note of realism.

Clearly the bank is not trying to build in big expectations going forward, hence the use again of a special div. They do not want to have to reduce the dividend going forward. I think I have got this right.

Yes you will, but you should not sell until 16 August and on that day you can expect in normal conditions for the share to drop by the amount of the dividends that a buyer will not now get. If you intend to hold onto the shares you may want to hold off buying and buy after the 15th because of the expected price drop. If you want the divi then its a buy now, if you want more shares its buy from the 16th. Of course this could be proved wrong if the share rallies now and continues on an upward path e.g. if some brexit good news is released. I expect to buy on Friday this week, or Monday and 'am not bothered if the price drops as I favour holding at least until the full year figs are known.

My Natwest ISA requires me to pay new monies in by cheque and so cannot add to my holding until the end of the week. 'have to keep my fingers crossed it does not recover too quickly.

The lazy reporters at the Daily Express are likely using the 2014 story, cannot imagine anything has been said in recent days.