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?????????????

B/S goes for $2. Despite "challenging times," the U.S. government is "on top" of the unfolding financial problems, President Bush said Monday at a Cabinet meeting. Bush said he was supportive of the actions of the Federal Reserve to restore order to the markets. "Our financial institutions are strong," Bush said, adding that "capital markets are functioning efficiently."

LOL!
Is that why the FED have to keep bailing out markets?

Where is the line in the sand..

With the ostrich's head I should think!

lol.

The line in the sand is under water..lol.

Could be the low and the sp to bounce now.

with rbs looking so cheap on last results why no director buying? more bad news they haven't told us about?

Wolseley directors were buying at 8.10ish!

I am expecting a bounce to 360p before the slide reverts to normal.

Looking great for 360p.

After hour trades of 50,000,000/30,000,000/800,000/640,000 all down as buys.
(OK which one of you was it) But seriously thats big money in any language.

Be interesting to see what the sp is at opening tomorrow.

Are these buy transactions or wash throughs before the end of the quarter sp did not move?

Morning Halifax,

Looking at the after hours auction, it does look like they were all buys, although these are never certain. No doubt we will get clarification today or Monday

expect crash on fri mornng...........this will be biggest news in london and uk.

up to 12 billion rights issue!!!!
and probable divi cut!!!

ouch......

goodwin is finished......at least theres a new job vacancy, maybe a pole could take over and do a better job for a third of the price!

just need to sack HBOS board now and banking sector might turn around.
how can these people sleep at night knowing how irresponsible they have been earning huge salaries and bonuses....its obscene and unethical

That won't help the sp recovery.

On the other hand, there may never bve a better time to buy than just after open.

A RI price of 275p on a 1/1 basis would be no problem.

Might be a good shorting opportunity?

Their announcement today confirms that a statement will be made next week: "RBS is expected to announce the fund-raising in a trading statement coinciding with its annual shareholders meeting on Wednesday, according to The Times."

The Royal Bank of Scotland Group plc
18 April 2008
Announcement

The Royal Bank of Scotland Group plc ('RBS') notes recent speculation about a
possible rights issue. RBS confirms that its Interim Management Statement
covering trading performance and capital will be made next week.

Not sure the sp will drop by much. IEC's rights issue didn't drop the sp.

Could even be seen as a positive in that they are facing up to their problems and other banks will follow.

What would be unacceptable for Goodwin is if divi is cut. A big no no.

We shall see.

I noticed that B&B denied rumours of rights issue last week, but RBS haven't they just say they have noted the speculation. So it looks like it could well be announced next Wednesday. I have RBS on my watch list to buy, and would certainly be interested in a purchase before any rights issue, which I would view as a positive move for the shares. Maybe not in the short term.

The other point to make is that they could use Wednesday trading statement to come clean over come clean about their exposure to instruments related to the sub-prime mortgage crisis.

Interesting week ahead..........