Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

ROYAL BANK OF SCOTLAND (RBS)     

cashcaptain - 09 May 2007 13:23

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

mitzy - 13 Oct 2008 10:08 - 451 of 676

50p what a crap share no wonder Fred was told to clear his desk what a looser he was.

dealerdear - 13 Oct 2008 10:11 - 452 of 676

don't understand why HBOS and RBS have collapsed the last 20 mins. I would have thought they have been guaranteed their future. Is this market manipulation trying to smash the deal or forced selling?

cynic - 13 Oct 2008 10:30 - 453 of 676

because of huge share dilution

dealerdear - 13 Oct 2008 10:36 - 454 of 676

Not sure about that although I've noticed that in just about every fund raising so far, the sp initially drops well below the set price. HHR went down to low 80's before recovering to 140p (fundraising was at 110p)

Surely if the Gov is buying in at 65p then the mkt price initially should be a % between Friday's close and the fundraising depending on how much is being raised at the lower price.

Clubman3509 - 13 Oct 2008 10:43 - 455 of 676

FTSE down from earlier high dont read too much into it.FTSE was up at 276 now 185 I see big jump when Septics open at 14.30

dealerdear - 13 Oct 2008 10:47 - 456 of 676

whats interesting is only RBS has any volume at all. Even HBOS's volumes are awful

peeyam - 13 Oct 2008 11:03 - 457 of 676

what i read was govt putting 20 billion @ 65p and will own 50% of RBS

mitzy - 13 Oct 2008 11:04 - 458 of 676

65p is too high they need a 25p placing to get it away what were they thinking announcing a 65p price when the sp was 71p.. its crazy.

dealerdear - 13 Oct 2008 11:05 - 459 of 676

existing shareholders can come in at 65p as well.

pericles - 13 Oct 2008 11:34 - 460 of 676

dealer dear, why shd any one buy rbs for anything other than short term trade when share price will not be supported by divi and the bank is busy trying to sell any of its subsidiaries it can, no income for the bank from there ,and greatly reduced domestic profits with a slump at home resulting in heavier than usual bad debt losses.long term slow recovery for sure. Still look on the bright side, they wont have to pay bonus and salary for the Shredded One)!!

dealerdear - 13 Oct 2008 11:43 - 461 of 676

One answer. Greed! When the banks have stabilised and assuming this package is still on then if you can buy in at 65p and in a years time they are 1.20p then wouldn't you buy?

Sod the divi! I say that as an existing holder who gets a large sum each year thr' the divi so I'm not happy in that sense but I have to say I feared full nationalisation so for that I at least have a sort of smile on my face!

mitzy - 13 Oct 2008 12:57 - 462 of 676

Would not surprise me if 45p sometime.

pericles - 13 Oct 2008 13:00 - 463 of 676

I do think they will be 1.20 before a year is up and good luck to those who are trading it, but for cautious me there is the known unknown of all that toxic crap yet to be revealedand the quantity of it, US subsid as well, the timing of anymore revelations is a worry for me but good luck to you, my family are sitting on too much lloy just now!!

471271 - 15 Oct 2008 11:45 - 464 of 676

would some advice me to keep my 47500 @3.50 rbs share i paid
should i keep it or sell them?

cynic - 15 Oct 2008 11:50 - 465 of 676

you will currently get <70 for them, so if you can afford to keep them, then my inclination would be to do so ..... for sure RBS will not go belly up, though you could be waiting a very long time before you are back in profit

Clubman3509 - 15 Oct 2008 11:55 - 466 of 676

Less volatile shares than bank's are near bottom so why bother waiting years to make a decent profit. I think RBS sp WILL BE AT 500 (2018)

Princess_Zubi - 15 Oct 2008 11:56 - 467 of 676

What would happen if government was to nationalise RBS ?

dealerdear - 15 Oct 2008 11:58 - 468 of 676

I'm getting a feelling that the banks MAY have reached the bottom.

In a bear market, you expect the sp to go below the rights price initially for what I think is 3 reasons

1) Just in case the rights issue isn't pulled off and the sp is ready to sink further.
2) The market seems to delight in putting pressure on PI not to buy into the rights
3) A concern that with the banks, they may end up being fully Nationalised.

My gut feeling was not good over the 200p rights issue (which I subscibed to but fortunately sold). My feeling here is different and it may be a good time to take it up.

Another noticable sign is that the daily trading volumes are down in the last few days with RBS today in particular.

I may be wrong but it tells me that people are beginning to stop trading the shares which IMO probably maens the bottom has been reached.

Of course by next week, all this can probably be thrown right back at me!

ps If the Gov nationalises then you lose the lot.

gibby - 16 Oct 2008 10:07 - 469 of 676

what a conundrum! when imo the gov reverses divi decision this week rbs will increase - i am in

gibby - 17 Oct 2008 21:09 - 470 of 676

fyi - http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aojBWDPuMsoM
Register now or login to post to this thread.