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

clubman .... you are absolutely right in principle, but whether now is the right time to buy is indeed a moot point .... i guess if you have plenty of spare funds to lock away, you could indeed be laughing in 12/18 months, and that applies to all the UK major banks, though i think i would avoid both LLOY and HBOS for the moment until it is clear(er) what is going to happen with that merger

Correct cynic. I should have included that for me financial shares are out for now.

I concentrate on Companies that have been much oversold due to the recent panic sell off. Autonomy is one I invest in a big way. Has dropped off 28% in the last few weeks, but gains large contracts monthly if not weekly in some cases.

Wednesday 15/10/08 quarter report looks like being well ahead of estimates lets hope the market starts buying.

have not followed Autonomy for several years so have completely lost trcak of it and its performance

peeyam:


yes.

I have bought 3 blue chip co's over the last 2 weeks but not the banks, I agree with posts 429 & 430, fundamentals are taking a back seat atm but when they come to the fore as they surely will, the speed of the upturn may well leave the current valuations well behind. My timescale is up to 2 to 3 years. Good luck all and don't panic.
2517

15 bills is required...


thats a ri of 25p.

Your previous prediction from can't remember how lonf ago looks on the cards here.

I also think 25p and that will be time to buy.

Britain will launch its biggest retail bank rescue on Monday when the four largest, HBOS, Royal Bank of Scotland, Lloyds TSB and Barclays, ask for a combined 35 billion pound lifeline, the Sunday Times reported.

there is a much more in the report on Reuters and it does not make comfortable reading

I agree poo bear 25p is probably the low.

Buying opportunity on Monday

Good that RBS now has funds with share holders benifiting

If 25p occurs, I'm buying in bulk

Government to announce co controlling interest tomorrow before market open.

So here is your chance to buy in bulk!

government will be taking over power companies and other industries in time to come.........this is political change about to happen un-seen for decades.
private companies in years to come will be state owned.

they should nationalise oil and gas companies too

LOL

Let nationalise brussels sprouts.

I have always suspected them of try to undermine my neutrality.

they should nationalise bp, shell etc

whats the implication of the new govt deal to buy part of RBS as far as share price goes ? monday open, and trading would we see RBS head higher from 79 or they doomed cos they getting nationalisd ?

CNBC reporting govt stake will be 50 % of RBS and 70% of HBOS

goodwin gone.

Yes!!