Why is it that those who have got this country and the world in the mess it is today continue to do the same by creating false rumours that the bank will be nationalised. Does the government not have enough on its hands already with Northern Rock. What the government has proposed today may not work but atleast it is better than doing nothing, the collapse of these banks will effect every indiviual whether rich or poor!
It is time these indivuiduals who create this false sense of in security and doom be ignored!

many companies are feeling the effects of a weak pound now, and the ones that have earning in dollars and euros will see a significant positive impact this year.

agree with asc tomasz, I nearly brought some monday morning, very good update but a nagging worry about margin erosion stopped me.

don't confuse currency games (we decided to account in $ some time ago) with volume and t/o and profitability

having said that some companies will still benefit from a positive impact of exchange rate movements which will become more evident this year.

spitfire,margin erosion asc will cost just about 3% of final income CEO Nick said.no reason for worrys

Interesting looking chart, beginning to look like a New York skyline!

lol.

What is the problem shorters?

This cannot bankrupt as the government started to support it similar to the way it supported British Energy at the time it was just 4p a share.
NOW CHECK THE PRICE of BGY.

Issue at 37p a share may look too cheap by September. This will be more interesting if shorters leave their position open.
Some of them gain over 1000% if close at these prices.

UP 3% TO 25.8p

Sell RBS and Barclays, says UBS


UBS cuts recommendations on RBS and Barclays to sell from neutral.

Broker suggests the market 'has yet to fully appreciate the substantial dilution in UK banks'.

i say buy as recovery is on its way and we could profit from just sit back and enjoy the ride

i say buy as well

UP ONLY 13% TODAY. LONG TERM BUY.

yes......10 years at leAST!!! LOL

I would say SELL as RBS's fundamentals for both 2009 and 2010 are challenging.

i find banks in general are a very difficult call at the moment ....... fundamentals may indicate sell, but momentum the opposite ...... certainly if you are an alert and active trader, following the momentum is actually the safer/better bet, though if you have decent profits, then realising at least some of it would be the most intelligent call of all

fundamentals are awful for banks but sp seems to be rising as market covers its ears to bad news now. next 2 years at least are destined to be bad and even 5 years probably be poor...........10 years time probably time to look at it as i said!

although maybe buy rbs as hyleo predicts sell, lol