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Morning all still on the up trend.... Meanwhile crazy news....Manu Pay Mourinho £4 million to stop him sign for another club.... Just shows that if you have enough money ..then you can practically do whatever you want... Sadly this is the downside of the game of SPORT as we have know it... having basically the money to buy success and the money to do so until you do... And like FIFA corruption and greed pressure is allowed to fester in the FA as this is no way to run our football ..as competiveness and fair play is now crushed and money wins matches to those that have the most... The whole game is now purely based on money... Greed has now the prime objective...Even singer Adele has signed a £90 million contract.... When £1 million is equal to a person earning the average wage for 40 years... what a crazy world we now live in.... ..
Hopefully you are right... Just thinking if we are back in a new trading range of 210p - 250p it maybe going up and down for awhile .. Like it did before it went up to 412p February last year.. .. I suppose the reports of the USA Fed may have another rate increase in June has pushed banks up this week.. trouble maybe at 250p the profit takers come in and push it down again... We will see ...ATB..
Nice rise this week ..... Question will it finally hold or back down to 210 in another 2 weeks.... ATB
It went up to 250p in the last 3 weeks and back down to 210p ... If that is any guide for you... It maybe the new trading range...
You expect to sell in 3 years time at £4... a good idea .. Trouble is that once you expect something, then the wheels sometimes fall off.. Many have said the same for the past 3 years... Let`s hope you have more luck.... ATB
Is the SP heading for sub 200p..? or sub 190p..? 2 weeks a go the rating was outperform with a target of 275P Crazy times and ....mad uncertainty...
The first question is how low can it get... The second question is that there is little likelihood of reaching the past highs of 15 years ago.. The banking system has changed in the last 10 years and so has the competition along with the economic outlook... and just how much more debt, for banks to make a profit, can the public take on.... as the credit card and mortgage debt mountain gets ever bigger.... To me the prospect of the current financial crisis getting much better for RBS Share price to reach £5 seems just a distant thought rather than a reality in the current climate... As most house prices are beyond millions of people reach and still rising ..it is crazy that the mortgage payment system of time is increased from the normal 25 years, to 30, 40, and possibly 50 years.... so that those that cannot afford the amount of high mortgage debt at 25 years ... are encouraged to take on the same amount of not affordable debt spread over a longer period of time... Which then will have an impact on their financial lives for many years longer..... never in my lifetime has this twisted system of encouragement to get into so much mortgage debt ... if it was restricted to only 25 years .... then the housing market would logically slow down as mortgage loans would not be possible on the incomes that are not rising to meet such high loans... and house prices would probably stabilise somewhat ... To me the folly of a growing encouraged mortgage debt mountain is fraught with danger, more so when housing costs of many Hundreds of thousands are asked to be paid with incomes of Tens of thousands ... Baby boomers of the 50s and 60s had a 25 years fixed mortgage loan based on 3 x earnings on one person only, an even had Tax Relief on their monthly payments, and paid the debt in 25 years and now own their house debt free and enjoy life with more spend ability... That great system has now been destroyed since the 80s and renting that was going down in the 60s in now going back up again .... A total reversal trend of 40 years ago and who really would take on a lifetime mortgage debt knowing that job insecurity and illness could cost them their home later in life... and just working to pay mortgage debt.. It is Basic Logic that the longer the repayment term the more chance of something going wrong... Meanwhile another bad day at the office down another 5 points at the moment... up and down 50 points in 3 weeks begs what is the whole banking future as we al have known it...and where it will be in 2030... Rant over .. have good day all...
Yes my theory was working well until the big 200p drop from February last year.. It may well be coming back in favour ... My Range trading .. Good luck whatever you do...
Yes my theory was working well until the big 200p drop from February last It may well be coming back in favour ... My Range trading .. Good luck whatever you do...
While many would agree with you and your point is valid... The question is where is that better place.... If we all knew for certain we would all be better off or a lot richer.... Life to me is full of decisions ... and there begs the question will this share be a lot, lot higher in coming years... So get in now at these levels or .... will you be right and this is a basket case.. To BE or not TO BE....That is the question... Shakespeare could well of had it sussed all along... ATB
Up and down 40p in the past 2 weeks ... What more is there to say... Still 200p down on the high of 412p .. 14 months ago. The tap that is drip feeding all the badness of news just cannot it seems be turned off.... Banks it seems just appear unable to make any movement to a third of their SP price pre 2007 financial crash... As bit of fun... Anyone prepared to have a guess when 300p could be a possibility ...My guess ..February 2017 ATB... ..
Doom and Gloom hits this share again... Now seems stuck in the 210 to 255 range.. Not enough fuel to get to 300P again yet... Those waiting for £5 plus then... it may get there one day.. Just depends how old you are now... How much time have you got...
Doom and Gloom hits this share again... Now seems stuck in the 210 to 355 range.. Not enough fuel to get to 300P again yet... Those waiting for £5 plus then... it may get there one day.. Just depends how old you are now... How much time have you got...
Couple of snippets for those interested to read... https://twitter.com/sjhmorris https://twitter.com/KnowsisFinance
Good post .. Like all of us just predicting .. Me included .. We have the Europe vote, oil may rise even higher, and as you say interest rates may increase later this year... Full time good paying employment maybe reducing as part time and Zero hours are reported growing .. And the pressure on retail shops seems to grow more from the Internet sales and shops trying to price match Internet prices. Terrorism and the Mass unprecedented amount of movement of millions of people into Europe, will in the coming 5 years is surely bound to have some impact. The cost of getting them all settled with housing, jobs, medication needs and of course they will increase the population even more as their the families grow.. Such an influx of different cultures and religions do not always mix as we all we know by what goes on in the world now.. Meanwhile hopefully things and the coming changes will turn out to be a positive and RBS and the UK economy move to better times .. As you say the long wait has a long way to go yet.. Hope 300 is achieved by this years end.. ATB .. Beautiful day on the NORFOLK coast..
Banks have had a bad run the past year as you know .. Maybe the tide is turning as the Oil price has incresed and if interest rate in the USA has move up a by the end of the year, it may encourage the UK to make one move up as well. That being another positive for bank profits.. ... As mentioned recently any expectations of a rise to £5.70p.. To equal The last 57p at the old price ... Seems unlikely in the next 5 years at current state of play of the economy... The amount of mortgage and credit card debt and overdrafts are reported at high levels now.. So the public taking on more debt to pay more interest to boast Bank profits one would think is limited ... As many I would think are in cut back mode... Then the Eoro vote could go either way and be a positive or negative quick response on the outcome .... All this said hopefully RBS can make a slow move up to the £3 level by the annual results in February .. In 10 months time.. ATB....
It seems as the Oil price as recently started to rise again so has the RBS SP.... and the whole banking sector has had an upward move the past 2 weeks... Oil Price or the change in sentiment towards banks has finally started to improve things. .. Hopefully banking in general it can hold onto the gains achieved recently... They have had a really bad year and maybe the tide is now turning.. and banks are now returning to be more popular .. A FTSE of 6800 as we go into the summer period of sell in May and come back in October Theory.... plus the Rough Waters of the EU VOTE to get through ..could well be an interesting time ahead..... Regarding the vote ... With both the EU in or out parties not stating anything about controlled immigration..... which the majority of the public find is one the main issues .... this EU vote and thoughts about it ... could well go up to the final day....The simple basic concept of the EU has slowly over the past 40 years become a machine of different cultures demanding different things resulting in creating many problems... freedom of movement is only as good as the limits any country can cope with... beyond those limits you have the creation of conflicts and confrontation.... So it makes sense that population limits based on size of the country and the basic resources that can cope with extra population is paramount.. ATB
The item link below may some reason of new rating of OUTPERFORM with new SP of 275 http://www.thecsuite.co.uk/CFO/finance/510-royal-bank-of-scotland-and-hsbc-share-price-both-rbs-and-hsba-continue-form-to-outperform-ftse-100
Glad you are ok.. Like myself I like read the posts and join in as and when... Even if I feel I am repeating myself at times.. Also nice to post off subject as we have the past few years, as you say we learn at lot about different regions on the UK about the reality the often conflicts with the government outlook .. Keep well my friend and just pop in when the urge takes you .. Even just to tell us about the weather and how things are in your area.. Keep in touch near the Europe Vote Day as a nice debate may be interesting .. ATB... and remember ..KEEP SMILING..
Yes very quiet, goes like that sometimes nature of the beast.. Frustration of nothing much happening .. As you say Jings is also quiet.. No doubt a return will be soon .. Hopefully ATB..