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

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

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

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

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.

existing shareholders can come in at 65p as well.

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)!!

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!

Would not surprise me if 45p sometime.

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!!

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

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

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)

What would happen if government was to nationalise RBS ?

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.

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

fyi - http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aojBWDPuMsoM

What a disaster this one is I understand when Fred left now.

pericles is quite right - that the toxic holding may make this Bank somewhat worse as far as we punters are concerned. I bought recently believing it "couldn't get worse" - and know better!
However, the point I wish to make is that "Banks" are under the spotlight so all their grubby corners are being shown-up by a Puiblic Broom. I just wonder how much "toxic" these same Banks held before and just kept quiet about it?
-If you were a Branch/Area manager, it's in your interest to keep quiet, at least until you retiire.
Therefore, I suspect UK-Banks are now "cleaner that at any time in the last 50-years"

Oh and that Director that left - good riddence. Any fool could pay "top-dollar" for a foreign bank - but to do this after a significant bull-run is plain stupid. There were many voices that said "Don't" - but RBS would hear none of it - they wanted to go out with a Bang! - and that's exactly what happened, although they expected a minor "correction" - but had they listened to the sour words from America, they would have understood there was something nasty happening "over-there" - - - just what was it that made them think this "toxicity" would not be felt over here?
( HBOS also lost some poor-stock - thank goodness if these bods never work again.)
IMHO - DYOR.
The Dividend-issue is really tricky - for Pension Funds need cash ( so they say), and therefore will only invest in Stocks that pay reliably - such as Banks! If the Gov prevents this for 5-years then the stock will hold onto double figures . . . . i.e. well below "worth" for an Institution that is handling our money day-by-day.
Yet as a taxpayer, who wants their money back? Obviously the Gov. wants their money back to reduce their risk . . . . (to zero, but will they?). . . .

At 68p the future is looking very bleak.

if government takes over most shares, expect bank workers to treat public like sh?t. banks are paying 12% to gov every year for 5 years so wont be making much.
lot of job losses with poor morale and unhappy staff.

unions might bring bank workers on strike.......problem is that very low number of people in banks are bankers......lot of young girls in my view at counter who ant a clue about banking or business world......need the old days brought back ala captain manwarring where people saw bank mANAGER