The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
5% jump ?
NatWest
returned to profit in the first quarter of 2021 after joining
rivals in releasing some of the cash it had set aside to cover
expected bad loans due to the pandemic.
The state-backed bank on Thursday reported a pre-tax profit
of 946 million pounds ($1.32 billion) for the first three months
of the year, ahead of an average of analyst forecasts of 536
million pounds. The bank made a 519 million pound pre-tax profit
in the same period the prior year.
Thoughts on SP after results day Thursday?
CET ratio at 18.5% with a commitment to reduce to 12-13% by 2023. With a lack of clarity on bad loans and mortgage defaults, likely NWG to push this even higher short term. If on Thursday it states a CET ratio of 19-20%, share price will be 202-208 on close.
I’m not sure crypto type investments align with Alison’s vision. She’s stated a move away from traditional IB (so even less appetite for a risky crypto market) and a focus on steady safe long term investments (mortgages and high net worth products).
Personally I’m glad as this has to be one of the safest long term shares available. My biggest headache is working out where the top is, 230 / 250 / 300???
Hello,
Wow, glad I did not get involved with the Climate Change discussion.
The news has been mixed over the weekend and positives across the UK and US but negatives in Europe and further East. What do we think the opening price will be? No massive drops or big up ticks?
Again, the £5,000 needs to be approved on Thursday (although it probably will be approved). However, this rule and all other rules relating to travel will be reviewed at least once every 35 days and is valid until the end of June (9 days after the UK is expected to fully open up travel in line with the traffic light system).
Throw in a US/UK travel bubble, warmer weather, declining cases = better prospects for BA and partners.
I’m tempted to sell on the bell, mainly down to the lockdowns and negative news on this forum. From what I can see it’s a week of red, so just trying to find some positive reason to hold rather than watch it hit 190....
Hello,
I managed to get into NWG in June (average 109) so with a big reliance on my margin account, it's all green and gravy to date.
I am however hovering close to selling (370,000 shares).
My question and help / guidance requested:
1, If I sell after the Ex Divi Date, will i still the get the dividends paid into my brokerage account?
2, This is probably the main one which is, surely a market crash is coming and at best, a market correction of 10-20%. Would you take the profit at say 180-185 with a view that it could go to 200+, but also drop to 130-140 (with a view of buying back in at this level).
Your advice and comments really appreciated, can't work out if to hold and see it through the upcoming storm.
N
Hello,
I have holdings in NWG and Lloyds since June last year and so I'm expecting (hoping) some sort of dividend when announced next week.
For Aviva, i see that they have announced the next ex dividend date is 8th April 2021. If I purchase shares before this date, will I then be in line for the dividend payment on the 14th may 2021?
Thanks in advance.