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

I'm confused, is this the MDX thread?! ;o)

nah kim, theres no constant inane stupid comments from the bashers.....we all know who they are.

As an RBS shareholder, in these times I'd appreciate some well thought out comments rather than the stuff above.

Please.

Sell when up today

Not sure about that.

As a genuine question though, what are the implications if the Government takes a hold thr' preference shares. If they are converted in the future into ordinary shares then obviously existing shareholders holdings will be diluted. If they stay as preference shares though even in the short term, I'm not sure what in effect that means for the ordinary shareholder in terms of either their capital holding or dividend?

Any help would be appreciated!

I'd sell if I was you dealer I dont like the idea of GB having preference shares in RBS.

RBS is all over the news now...that's why it tumbles 25%

Its a basket case hlyeo shareholders will be lucky to get 20/30p.

uk will go bankrupt just like iceland

apparently RBS was downgraded last night by a ratings agency effectively saying they are the weakest of the ones left.

Unfortunately I knew that already!

its like when sp goes down when they were shorted early in year.....then they get downgraded.....market value slashed......and it goes down more and so it continues.

we will be communist soon when uk is bankrupt and businesses go bust......3 million homes repossessed, millions going bankrupt, unemployment min of 2.5 million

For once in my life I agree with the above poster UK Britain is bust and RBS could be a spectacular example of a untergang of a UK bank.

Don't really understand the implications of rbs going bust. They finance thousands of businesses does this mean they call in the loans and cut the credit lines forcing a huge contagion of bankruptcies?

Edited again!

The Royal Bank of Scotland Group plc (RBS) - Merrill Lynch Banking & Insurance Conference 2008

Sir Fred Goodwin, Group Chief Executive, presents at the Merrill Lynch Banking and Insurance Conference in London today
http://http://www.investors.rbs.com/downloads/Merrill_Lynch_Conference_7_Oct_08.pdf

Summary:-

The outlook for 2009 is challenging and presents a changing competitive landscape.

We have franchise and operational strength to meet these challenges.

We are delivering against our plans and targets.

We have the flexibility to respond to organic opportunities as they emerge.

Nothing wrong with RBS then!

what does ATMS stand for?

No way RBS will go bust...they are very discrete in their borrowings.

Yes but what about their spending? -):

ATMS? Automated teller machines, or if you are Australian:- Australian Traditional-Medicine Society ;o)

Stan :o)

Or in Thailand the girls refer to a punter as a ATM

Anus to Mouth (aka rimming)?