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!

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

Imo, trade RBS but don't become an investor yet.

Cynic, I find every share difficult to call in this atmosphere.

But the trends of the major banks are up.

Based on the charts they can go further.

I hold RBS, Barclays and Lloyds. But will use a trading channel and trailing stops.

how long will it be before they are aloud to start paying a divy again ? any ideas

after they have paid back the govt's 70% stake i would guess?
LLOY were allowed to sell shares at a reduced rate[on a % owned basis, in lieu of shares. If memory serves me right 40/1 @ 38p]
pse DYOR as my facts may be askew[though not deliberate]
Alex

Liked the email from advfn.
Title is "Could RBS reach 120p‏". I am sure you can find it somewhere.

150M traded today Cazenove puts them on their buy list is some news about to break? Time they sold some of their assets , like Barclays did recently?

Looking at 40p again.

lets hope they keep going as nice rise over the last few days, at last some movement in the right direction

UPDATE: RBS Close To Sale Of Taiwan Assets To ANZ-Sources





By Amy Or

Of DOW JONES NEWSWIRES

HONG KONG -(Dow Jones)- Royal Bank of Scotland PLC (RBS) will announce the sale of its Taiwan banking assets to Australia and New Zealand Banking Group Ltd. (ANZ.AU) as early as next week, people familiar with the situation said Thursday.

One of them said Taiwan would be the first of several Asian retail and commercial banking assets that RBS will be selling. RBS's Taiwan investment banking operations will also be included in this sale, the person said.

The people didn't disclose the price of the acquisition.

The Taiwan sale comes after other people familiar with the situation said RBS was in advanced talks with ANZ over the sale of its operations in Taiwan, Hong Kong, Singapore, Indonesia and Vietnam.

Apart from those Asian markets, RBS is also selling its retail and commercial operations in India, Pakistan, China, Malaysia, Vietnam, and the Philippines. It has also said it would close down its New Zealand operations.

ANZ's Melbourne-based spokesman Paul Edwards declined to comment on the Taiwan sale but said "discussions (with RBS) are progressing well."

RBS's Hong Kong based spokeswoman Yukmin Hui said the sale process of the Asian retail and commercial assets is "well advanced," but wouldn't comment on individual elements of the deal due to regulatory and confidentiality constraints.

"RBS will continue to retain its presence in 11 markets in Asia, including its securities business in Taiwan," she added. She didn't elaborate on what the securities business entailed.

RBS said earlier in the year that it planned to sell its retail and commercial businesses in the region, as part of efforts to dispose of noncore businesses it said were "thinly spread" and had yet to achieve "significant scale." But it left the door open to selling other noncore operations in the region as well.

The troubled lender's sale of Asian assets has attracted the attention of not just the primarily Australia-focused ANZ, but also Standard Chartered PLC (STAN.LN), which has a wide franchise in the region, other people familiar with the situation said earlier.

Initially, HSBC Holdings PLC (HBC), like Standard Chartered a U.K.-listed bank with a formidable Asian franchise, was reported to be interested in RBS's Asian assets. But earlier in the month, a person familiar with the deal said that HSBC hadn't submitted a bid for the assets.

RBS, which is 70%-owned by the U.K. government, employs 11,500 people in its Asian retail and commercial banking operations. Those businesses recorded an operating profit of GBP127 million in 2008 - just 1.8% of the contributions from the bank's global retail and commercial franchise.

-By Amy Or, Dow Jones Newswires; 852-2832 2335; amy.or@dowjones.com