Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Oops seems they're out today and all Banks passed. http://www.bbc.co.uk/news/business-42148682 Barely a ripple in the market - maybe not a peak / trough - more like a damp squib!
I seem to recall reading somewhere that the BoE stress tests were to be published this week and RBS wasn't expected to do well in them. Anyone know when they're due? Could be the next peak / trough. Maybe one for the brave!!
Budget on 22nd November?
Shows how much I know!!!! Just in and I actually looked at the share price first and noticed it had gone down so presumed there had been no change in interest rates. Surely the market wasn't expecting a bigger increase?
What does everyone think about the decision tomorrow? Personally I think it would be better to wait until after Xmas and seeing how retail sales were before committing to an increase. An increase now could send all the wrong signals to consumers / businesses who may already be struggling to keep their heads about water. The big retailers seem to be struggling a little going off this weeks updates and my gut feel is that consumers are tightening their belts and will be a bit more cautious with their spending over the festive period. Could of course be completely wide of the mark but my vote (not that it matters!) would be to keep them on hold for now.
Reading that ShareSoc Uk post got me thinking about the Action group and whether they have actually received anything. I wasn't a member (stupid blind loyalty as a member of staff). Any members willing to disclose what the net settlement was after fees?
Reading that ShareSoc Uk post got me thinking about the Action group and whether they have actually received anything. I wasn't a member (stupid blind loyalty as a member of staff). Any members willing to disclose what the net settlement was after fees?
The upward trend continues. No doubt helped by the outlook for interest rates and the massive headcount reduction this year (having been one of those that accepted VR earlier this year I know how savage these are - makes Fred the Shred look like an angel!). Surely though given the massive increase in the share price there is likely to be a correction soon? I sold half my holding at just under 273, glad I kept half but thinking of offloading the rest now
Not going to hold you to anything of course re gaps -advice as always to everyone - do your own reading. Genuinely interested in your thoughts though.
Can't say I understand technical analysis - are you suggesting these gaps will be filled i.e. price might fall as low as 242?
Bailed out yesterday at 2.729 for a bit of unashamed profit taking but only sold half my holding. Can't decide which way this is going. Feel quite bullish about the share but can't help but feel there is a short term dip on the horizon that may facilitate a buy back before another bounce. Plus there always seems to be another skeleton in the cupboard waiting to come out. We wait and see ..........
First time poster here - been a regular reader of this site for many years and used to work for RBS before taking VR earlier this year after 35 years. Always enjoy reading the posts - many are very informative whilst some are just wind up merchants. Like many I lost a pretty packet in the crash of 2008 although managed to average down to about £3.90 buying low and mostly holding. Since leaving RBS I've stuck to short term trades buying low and selling high (I wish! - never managed to achieve that but nevertheless not doing too badly). Problem is there has not been much movement over the last few weeks so limited opportunities of late. I try to follow the wise words of Mailman - not to be too greedy, be patient and when you see a reasonable profit - bank it! (Whatever happened to Mailman?) Finally for now re doubling in the next few years ...... Lennymac (another wise head!) I agree with Ezikiel. Within the next 12 months I would expect the RMBS fine to be sorted with the US - although not fully provided for, I do believe this has been mostly factored into the share price. We should also see the deal re W&G being agreed. Following this, the Government could begin to sell their stake, dividends could be payable, making this share attractive to pension funds and income seeking investors. Appreciate there's a few "coulds" above - I've been around long enough to see many false dawns but I remain a glass half full type of guy and am optimistic for the future of this share. Good luck all.
First time poster here - been a regular reader of this site for many years and used to work for RBS before taking VR earlier this year after 35 years. Always enjoy reading the posts - many are very informative whilst some are just wind up merchants. Like many I lost a pretty packet in the crash of 2008 although managed to average down to about £3.90 buying low and mostly holding. Since leaving RBS I've stuck to short term trades buying low and selling high (I wish! - never managed to achieve that but nevertheless not doing too badly). Problem is there has not been much movement over the last few weeks so limited opportunities of late. I try to follow the wise words of Mailman - not to be too greedy, be patient and when you see a reasonable profit - bank it! (Whatever happened to Mailman?) Finally for now re doubling in the next few years ...... Lennymac (another wise head!) I agree with Ezikiel. Within the next 12 months I would expect the RMBS fine to be sorted with the US - although not fully provided for, I do believe this has been mostly factored into the share price. We should also see the deal re W&G being agreed. Following this, the Government could begin to sell their stake, dividends could be payable, making this share attractive to pension funds and income seeking investors. Appreciate there's a few "coulds" above - I've been around long enough to see many false dawns but I remain a glass half full type of guy and am optimistic for the future of this share. Good luck all.