ANYONE KNOW WHY THE ROYAL BANK OF SCOTLAND IS SHOWING A SHARE PRICE AROUND THE 6.59 MARK WHEN IT WAS 18.00 OR SO THE OTHER WEEK OR AM I GOING STRANGE?????????????

At least this has sorted out the men from the boys - comparing RBS with HBOS. Good demo of financial muscle compared with naivete. Not sure who would want to take HBOS on but there will be opportuntiy for RBS to strengthen position in sector. Eric

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/12/cchbos112.xml

spanish dago called santander may buy over hbos......it calls hornby a novice....just what i been saying on these threads all year.....i cant believe theres been no posts about hornby.....he's a novice, a crook in inside dealing....he's being paid a fortune and has no experience! unbelievable.....its people like him that give capitalism a bad name.....i'm starting to believe that we should go communist

My target remains 150p in 12 months.

seems a bit severe mitzy.....i'm thinking of 190p or thereabouts.....i reckon rbs is strongest of all banks and only a decline in line with market will drive it down.

Its my target from early March scotinvestor.

RBS 202p at the moment, this could see sub 200 today, if this happens I will take my first nibble.

I'm sticking with 150p spitfire it still has another 25% to fall.

Nothing would surprise me in these markets, but happy to buy in 4 parts starting today hopefully. At 201 now, so getting closer.

About time Fred packed his bags.

nothing compared to hornby.....who still buys housebuilders!!! and he does other deals that we dont hear about....whole of hbos should be jailed let alone sacked.

mckillop is one that should go as he has no banking experience.....its not a business as hornby puts it....its a bank which is totally different

purchased this morning at 197, next purchase target 155.

I reckon thats the best stategy spitfire.

Mind you they may go sub 100p at some stage.

dont be ridiculous!!

if rbs is even a quid, then all small and medium companies will be 1p or less

i'd love to see all the housebuilders go bust mind you.....great to see them bleating after just one poor year when they had 16 great years....what have they done with all the money from the great times they had

Agreed. What stupid management.

If no other than King Tom Houggard says we're gonna bounce from here in the next day or so whether it be a bear market rally or recovery then that is good enough for me. A good buy spitfire but forget 155p at least in the near future.

it might drift as market goes down during 2nd half of year.....but i believe most of major banks are about to turn corner....i reckon sometime this year there will be a bottom.....many r sorting their balance sheets out now but it means theres no money market...and gov aint helping by offering 9.5%

i'm not sure who is worse....the gov or banks....ach, i do know who is worse....;

The economy is being driven by hedge funds. The story today is that the EU are going to stop the speculators driving up oil. Let's be honest, if you can make a sure million why worry if you send the economy into recession.

Once governments stop the oil price rise, inflation problems recede and the SM recovery will start. I don't particularly like intervention but if it stops Capiatalist greed from faceless people I'm all for it.

The UK economy is stagnant for the time being RBS is under pressure to stay afloat builders still overvalued and banks too.

If RBS goes under then all banks, builders, car sellers and most retail will go with it.

If you believe in Armageddon and the end of the world then fair enough. We all might as well go and shoot ourselves!

If you believe that the world will survive then RBS will be trading long after I've gone.

i was told by rbs manager recently that if rbs went bust then uk is bust too virtually and is finished......each person will have to pay at least 40k or 50k to keep rbs afloat

With the financial markets as they are the only way I can see any company being fair value is if it's NAV is equal or above it's given sp market value, and then that only comes into play in certain situations, IE usual company dealing changes. With the situation as it is at present, the so called best companies within the market could fall lower than present price.
Over the last few months on this and other sites, we must all have read hundreds of posts stating 'now is the time to buy, this companies sp is now a bargain, it can't go lower' and so on. Most of these companies sp have continued to drop.
It's either a brave man or a fool to try and call the bottom yet.