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 -

This means significantly more shares will be issued over the next two years. The price range is 160p to 195p, valuing the float at £2.66bn at the mid point. This is lower than analysts’ valuation of between £3bn and £3.2bn, implying the issue has been “priced to go”.


Don't stay in for too long and stag it for, say a target 15% gain.

shan't bother to stag unless there is an incentive for existing PIs

Thanks for that Dreams. I wonder what Questor considers a small stake? I've applied for a dollop in a SIPP and a dollop in an ISA account I use for trading.

Is that an American 'dollop' or a UK 'dollop' ? :-)

Thanks TOK, thats a new one, a dollop. lol

An oop north dollop, skins and dreams.

If you get a dollop down here in the south..... you'd need to clean yr boots

Anyone got this today?
Direct Line Group plc has launched an Offer of up to 500 million Ordinary shares of 10p.

We would like to give you the opportunity to participate in this Public Offering to invest in Direct Line Group Ordinary shares prior to their listing on the London Stock Exchange.

The Offer price per Ordinary share is expected to be between 160p and 195p per Ordinary share. The minimum investment is GBP1,000, with us having to declare any investments over GBP50,000 to Barclays, acting on behalf of RBS (the Selling Shareholder).

Please be aware that this is a General Public Offer and is being offered to you independently of any current share holdings you may have.

Direct Line Group is a retail general insurer with leading market positions in the United Kingdom, a strong presence in the direct motor channel in Italy and Germany and a focused position in UK SME commercial insurance. The Group operates under highly recognised brands such as Direct Line and Churchill and is comprised of five primary segments: motor, home, rescues and personal lines, commercial and international.

Below you will find all the relevant information you will need to help you in your decision, including details of the web page hosting the Prospectus, however we are unable to provide any financial advice regarding this offer and you should seek independent financial advice if you are in any doubt.

Before proceeding with an application you must read the Prospectus.

If you are in any doubt as to the content of the Prospectus we recommend that you seek appropriate financial advice in order to gain a full understanding.

If you do not wish to participate, please take no further action.

whats the opinion??

This ad. seems to be plastered all over the place to me.. And at our expense as well... Well you did ask BB -):

going to pick up a few monday, and added rbs as could be good for sp next week.,.

You sure, reasons why please BB? The DL one I mean.

if nothing else, if i'm nimble the sp hopefully will have a rise first thing monday, will have to judge whether to stay in or not, is my theory.,.

OK, Fair enough good luck.

you have doubts care to tell me your thoughts.,.

No fundamental concerns as I haven't done any research, So it's just a feeling that things that are widely advertised rarely come up trumps, but as I say it's only a feeling and not based on anything else. If you have a short term Strategy and you can keep to it then you could well come out with a profit on the play.

ok ta. fingers crossed.,.

Before you buy some BB I would urge you to read the appraisal in this weeks IC. on the offer, not very complimentary.

And don't forget to tell Sid!

sid said buy buy buy.,.

Im not saying invest or not, just put down some collective views from this weeks investment mags. AUDYOR.


Caution needed mentioned in several investment mags this week.
Direct line is carrying at the half year stage of claims to premiums of 101%, so carrying a underwriting loss.Motor cover being Direct Lines core business (41% of premiums collected) and prospects looking weak there. The competition regulators are looking into the motor market. The OFT reckons that ''competition appears not to be working effectively in the private motor insurance market'' The competition commission has up to two years to report.

The price range suggests that Direct Line will be valued roughly around its reported end June net tangible assets of £2,5 billion. Thats not pricey. Earnings will struggle for growth and sentiment could suffer as regulators probe the motor market- leaving near-term, post flotation upside looking hard to spot.