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£3 here we come. Still pays divs and gets greener by the day. Great NAV too. What’s not to like.
Nice rise today. Transformation continues. Happy to be LTH here. £3 here we come.
Who Are Harris Associates L.P. That think taking 5% of LLOY is a good idea?
Why are there more buys than sells today?
Why are their so many knockers around today?
Dividend paid into account today.
Means there will be buying for those, like me, who want it in shares.
Nice one.
I shall be taking my Divvy as shares.
Knockers here ignore the good forward prospects. Causing doubts about agreed dividends being paid later this week.
Price is part of the MM/II arrangements to take attractive stakes here.
Just went in for 50% more at same price. £3 here we come!
BB,
DRX seems to be heading up after director buys. Perhaps we need the Rose and Murray to do likewise. A lot can change in a month, which is the length of my contract.
Regards SoR
Today bought in at 102p..........BARGAIN, I think.
BB, acknowledge your foresight on this. Apologies.
Let’s hope conditions improve, such that divvies can be restored later this year. At least the cash is still sitting there.
Of course, 62% of the divvy will go to HMG, which may affect the RBS decision, as influenced by the majority shareholder.
I think HMG would have something to say about that. In the current outbreak they need the cash, I think, and they still have 62% of this business.
Good to see the rise today. I shall be watching the market from the start tomorrow to see the reaction to the latest HMG measures.
BB, Total Tosh, they are awash with cash. If you take your divvy as shares, as I do, we shall get an unbelievable price.
Have you been talking to “Turkey Lurky” by any chance?
Let’s be clear, due to a lack of governance from HMG, NWB was bought with paper by a bean counter from north of the border. The two IT systems were never properly combined. Further acquisitions and poor decisions put the whole thing into public ownership. The branches in Scotland will not be badged Nat West. Closures have been suspended. Further news later in the year are awaited. Lloyd’s have the same situation with BofS.
The good news is that the bit called Nat West is now we’ll capitalised as is the entire group of entities.
What about hiving off the Royal Bank of Scotland branches and giving it to Scotland and returning Nat West to UK ownership. This could be taken as a payment by HMG to the Scots and reduce the HMG holding to below 50%. When RBS was bought it was roughly 30% of the whole. Then it could return to the pre-Shred days eg 1999.
Depends on your average. I’m a LTH.
Brilliant 10%+ return in last year.
Cheap as chips.....
“A Rose by any other name..........”
11/2 - Credit Swiss - Outperform.......
With the divvy locked in you can have these for 206p. The other big Bank’s results will determine the way forward and this time next year, when they up the base rate, HMG will be selling at £3 to £5.