Member Info for NickRubens

British taxpayers injected £45.5bn into RBS in 2008. Current mkt Cap is only £18bn.

British tax payer national debt hits £2.6 trillion. How on earth will that ever be resolved without some market catastrophe somewhere, like a gilts meltdown and emergency QE again?

Well, we have two more weeks of what looks like market nervousness ahead of results. To get bus/coach travel volumes up, it will need motorists to be targeted and manipulated out of personal car transport. Perhaps even priced out.

Just needs the new non execs to get to work and get this company growing again.

Alot of interest today and the only way is upwards I think? Well I added a few today so I would say that or at least believe my own views.

Yes, considering the economic shutdown situation a couple of years ago, things have improved for Rank. Can't see any downside now and look forward to the market pricing in a recovery in general at some point. Just about to watch the webcast, see if it can inspire me to go 'overweight' in my SIPP.

Shabz83 "The broker targets a joke too. £1.40"

Yes I saw that and thought it must be a misprint and they meant 240p? lol However I suppose it is possible but 'Jefferies' may suspect something detrimental is coming along specific to Natwest for that target to be realistic?

I can't think what it is unless they hold alot of Government debt in their balance sheet but why would they? Seems unlikely to me but who knows, the stock market is full of surprises or should I say financial black holes.

Just two days away, results will be inline but the market awaits a forward looking statement. Hoping this year ahead will be kinder to Rank.

It looks like a typical IPO flotation that ends in tears for those who purchased at IPO, presuming they believed the long term growth story etc. I've bought on IPO myself before and regretted holding them for more than a few weeks.

I've also bought IPO failures at a tenth of the IPO price and regretted that too.

So hope SPECS can deliver for it's shareholders, especially those who bought the IPO in good faith ( naive perhaps).

Can you remember if anyone 'profiteered - ie Exited' at IPO? If it was purely a fundraiser with no sellers exiting then maybe this time it may be different?

Yes they'll presumably give a discount but want to favour 'Sid' and 'Sid' only buys when prices are rising, so I expect some PR machine employed to promote this stock.

Up 2% . Need to get the SP up before gov sells it's stake.

Mystic "After seeing yet another pathetic and desperate video, I'm happy not to have bought in just yet."

Why buy in at all? Do you think the technology is there and just the mkt cap is too high at the moment and the company too far behind it's own beliefs/expectations? The next RNS is going to be absolutely critical , so maybe FG is waiting for something tangible to deliver.

Companies List to take money off mug shareholders and not to get them a return on their money.

Anyone who has been 'investing' (likely in vain) for a couple of decades or more will be all too familiar with companies raising money time and time again and then casually disappearing, sometimes after many name changes and consolidations.

I used to think I was smart buying after 99% drop in Share Prices , only to find myself holding stock dropping another 99% and more.

I think it's over, sad to say. Buying stock on AIM is just buying expensive fantasies most of the time.

When is the Gov flogging it's stake? I would have thought that's a good thing myself as the private markets will have more control though the Gov did nothing of influence with it's holding.

DaveTK "Why would they need further funding anytime soon."

The very next day RNS " Proposed Placing to raise approximately £325,000"

This is what companies do all the time. My experience over the last two decades is that companies make more money selling 'shares' to investors rather than selling their products to customers and making a profit for investors. And then they disappear ( ie de list etc) Not saying that will happen here but that's what I've experienced and anyone else with decades of experience will have seen it too.

So where and what next for this drinks company?

This is just typical of company listings that do not make profits. Another few quid saved by not investing here. I think a fund raise is on the cards myself, though I would love to be proven wrong and instead perhaps some profits can be seen ahead?

Ramp/deramp. Reality sets the mkt value and at the moment we have some uncertainty and those FG videos are not helping. Reality is what brings most share prices in an eventual trajectory to zero unfortunately.

I have no fear of missing out these days as that has cost me dearly in the last few years. As a full time trader I've hardly done anything for a few years and glad I didn't. Here's hoping that will change, whether it's owning QBT or any other stock.

It feels this country has lost it's way also to me.

Yes bit of a struggle, I was hoping for some upturn more CARD style. The whole stock market is generally in the dumps so Works isn't my only loser. WE seem to have hit another bear phase, maybe the red sea attacks danger of spilling over to a wider conflict of which the UK are implicated in.

Winloseordraw1 "but my best guess is that yes BoNY had agreed to purchase the vast majority of the shares and that they still hold on to them now "

Cheers , that helps the 'ethical' case for QBT at least. Definitely helps with credibility too.

Jambone "What’s with the we all know they will need to place again"

So revenues will be enough to keep going then ( without profits)? I assumed when revenues are shown, it will help them raise again? So no raise expectations then?

Bobsocks 'Shut up MultiID Troll'

Only have one ID. Why didn't they say in the placing RNS who bought them?

And why is there no significant shareholder RNS afterwards? It would help if things were clearly communicated.