Trade or Invest28 Dec 2018 05:42
There seems to be a huge disparity between the number of posts on Lloyd’s and the number on RBS on this site. I’m not sure why that is but I’d like to get involved in the discussions as I’ve recently started trading - albeit the intention is to invest in various bank shares at these levels.
Whatever happens in the vote and whatever the resulting Brexit looks like, on a 12-18 month view Lloyd’s, RBS and Barclays are a steal at the current levels on a risk and reward basis. I see a maximum 10% downside and a potential upside of between 20-50% over the same time frame. That’s in share price growth and doesn’t include dividends.
Obviously I can’t ramp this sector because of the volumes involved but all the doom and gloom about the various armeggedon scenarios is IMO in the price - except crashing out with no deal which IMO is the 10% additional downside from here.
So in essence I’m trying to work out whether the contributors on this board are positive or negative from an investing rather than trading perspective ?!