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 -

RBS = Plonkers https://www.bbc.co.uk/news/business-46274644

Royal Bank of Scotland is preparing to move £13 billion worth of business out of the UK in the event of a no deal Brexit, it has emerged.

The state-controlled bank, which has its head office in Edinburgh, said it would shift such assets to the Netherlands.

The government had "day-to-day" involvement and "strategic" control over the treatment of companies in the hands of Royal Bank of Scotland's scandal-hit restructuring division, according to allegations in a legal claim against the bank. Court papers reveal that Oliver Morley, a wealthy property developer who is suing RBS, is also considering taking legal action against the Treasury over its alleged role in influencing the aggressive tactics employed against businesses by the bank's Global Restructuring Group (GRG).

Royal Bank of Scotland doubled profits last year and celebrated by declaring a special payout on top of an ordinary dividend. RBS reported an operating profit before tax of £3.4bn and an attributable profit of £1.62bn for 2018, more than double the £752m from the year before and higher than £1.58bn that analysts expected.

SP hardly moved, news must have been expected.

If the special is repeated or converted to permanent we are now on a yield of 5.5% which compares with LLOY on 5.3%.

Getting there... Some way to go to get back to 500p

UBS Buy 244.45 290.00 Reiterates

Shore Capital Buy 244.45 300.00 Reiterates

I've opened a S/B here this morning.