ROYAL BANK OF SCOTLAND GROUP PLC is within a rising trend. Continued positive development within the trend channel is indicated. The stock has broken up through the resistance at pence 50.00. A further rise to 100p (1) is predicted in the medium term. The stock is assessed as technically positive for the medium long term.

Good luck -

S HESTER IS NO BETTER THAN Fred

Read your post #438 on page 22!!!

harry that was before i read is statement .he needs to be more positive and not down beat . but in the longer term RBS is good for a big rise .they will return to profit this year . and i am buying for my grand children not for me

i might have it wrong talk of 50p by oct

chugging north i'm very happy to see

cynic i am hearing good news at the bank . so added 65000 more yesterday and more this morning

.

i already have enough thanks tanks, and very in the money even after today's dip

35p next week

...depending on what nasty surprises there are in tomorrow's budget!

harry the budget will be good for the market

i think it unlikely there'll be anything nasty and overall will be pretty neutral ..... that should settle the market that has prob just sold off today after some decent rises of late and a bit of uncertainty

50p by oct

just added enough 42222 more for the grand children they are going to be rich

my piggy bank is now a little fatter having just sold 50% at 28.99 for a nice profit ..... i was o'weight, so shall now prob just let the balance run as a good little banker

UK in talks to sell part of RBS stake to Abu Dhabi

The UK government is in talks to sell a significant stake in the Royal Bank of Scotland (RBS) to Abu Dhabi, the BBC has learned.

The government, which controls 82% of RBS, has for months been negotiating with Abu Dhabi sovereign wealth funds.

It could sell up to a third of its stake to Abu Dhabi, one of the seven states of the United Arab Emirates.

This is likely to to be a loss-making sale, as RBS shares trade at much less than the UK government paid in 2008.

As long as this shower of crooks are running the country i suppose you've got to get money to fund the 3 million unemployed from somewhere,even if it means selling shares at a loss to do so got to make the books look good somehow.Take from the poor and give to the very rich,somethings never change.

Arabs are good investors. If I remember correctly, they bought blocks of buildings in New York, sold with 150% profit in less than three years .. never mind Barclays shares etc..

post 393 - what a totally illogical comment from someone who clearly has done his dough

tanks - any view on rbs following the latest twist? ...... banked a good profit on (all) mine yesterday and was contemplating rebuying now sp has dropped a bit more