carl0s Posted October 9, 2008 Share Posted October 9, 2008 I asked somebody (txt msg) if she thought it was a good idea for me to buy £500 of RBS shares, since they were at 90p each, and she said "not sure. I think lotda tab might be better? But canlt be sure". Didn't want to pursue the question further as I felt cheeky asking for free advice, and she's on a day out somewhere. So, bearing in mind she was probably using predictive-text on her mobile, what do you think "lotda tab" is supposed to mean? Lloyds TSB ? Quote Link to comment Share on other sites More sharing options...
outatime Posted October 9, 2008 Share Posted October 9, 2008 Probably Lloyds TSB, like you say. The letters are next to each other on a QWERTY keyboard, so it could be that? Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 9, 2008 Author Share Posted October 9, 2008 That could be it. Maybe she has a touchscreen Windows Mobile phone Thanks. I was thinking how she could possibly have done it on a normal phone. Quote Link to comment Share on other sites More sharing options...
bigcol Posted October 9, 2008 Share Posted October 9, 2008 to be honest 90p a share is very good, due to the current economic climate and the rumoured hbos/tsb take over now is a good time to buy especially at that price, dont expect the price to rise overnight but if you have it spare then it is definately (in my opinion) a sensible investment and to be honest any massive financial institute with "royal" in the name aint going bust:d, im with rbs and to be honest if i had any spare money i would buy them as an investment.. If you do decide to buy i insist that when you make lots of money then i should get 10% of the profits for my advice Quote Link to comment Share on other sites More sharing options...
Soop Dogg Posted October 9, 2008 Share Posted October 9, 2008 I've been buying some shares this week, but I'm not sure about buying into banks - not because I think they'll go bust, but I'm not sure what effect the govt bailout will have on the share price. If the bailout involves the govt buying up a load of shares in the banks, (part-nationalisation) then this might mean a near-permanent proportional adjustment in the share price until the shares are put back into circulation (if they ever do get put back) at some undetermined point way off in the future. (Probably years away) I might just have a few in RBS because they're such good value at the moment, but it'd have to be an amount that I can afford to lose in the event that they do have more troubles. (Just remember Northern Rock.) If they survive, the rewards could be very good indeed. Having said that, there are other parts of the financial services sector that might be nearly as lucrative at the moment, but not as risky. Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 to be honest 90p a share is very good, due to the current economic climate and the rumoured hbos/tsb take over now is a good time to buy especially at that price, dont expect the price to rise overnight but if you have it spare then it is definately (in my opinion) a sensible investment and to be honest any massive financial institute with "royal" in the name aint going bust:d, im with rbs and to be honest if i had any spare money i would buy them as an investment.. If you do decide to buy i insist that when you make lots of money then i should get 10% of the profits for my advice They were 78.5p a minute ago. I said I'd buy when/if they dropped to 80p. I watched for most of yesterday and they didn't much go below 88p. I didn't buy just now anyway, but it's exciting to watch all the same Some are saying today could be a bad day for RBS shares. Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 I've been buying some shares this week, but I'm not sure about buying into banks - not because I think they'll go bust, but I'm not sure what effect the govt bailout will have on the share price. If the bailout involves the govt buying up a load of shares in the banks, (part-nationalisation) then this might mean a near-permanent proportional adjustment in the share price until the shares are put back into circulation (if they ever do get put back) at some undetermined point way off in the future. (Probably years away) I might just have a few in RBS because they're such good value at the moment, but it'd have to be an amount that I can afford to lose in the event that they do have more troubles. (Just remember Northern Rock.) If they survive, the rewards could be very good indeed. Having said that, there are other parts of the financial services sector that might be nearly as lucrative at the moment, but not as risky. That makes sense, and my interest is only perked for the same reason - value. They just seems so cheap/undervalued, but as you say it's a risk. What other parts of the financial sector do you have in mind? This is all new to me, but it's interesting all the same. Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 When the market opened just now, Barclays Stockbroker was stating: Sell 96p, Buy 1.04p What does that mean then? Does it just mean nobody wanted to buy shares back off me in case I had any, until the market had some idea of trading prices, or does it mean I could have bought shitloads @1p each? Quote Link to comment Share on other sites More sharing options...
Ewen Posted October 10, 2008 Share Posted October 10, 2008 when the market opened just now, barclays stockbroker was stating: Sell 96p, buy 1.04p what does that mean then? Does it just mean nobody wanted to buy shares back off me in case i had any, until the market had some idea of trading prices, or does it mean i could have bought $#@!loads @1p each? £1.04 Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 £1.04 I'm certain it said 1.04p , not 104.x p Or is that just how they write it when there's no tenths of pennies? Quote Link to comment Share on other sites More sharing options...
Charlotte Posted October 10, 2008 Share Posted October 10, 2008 Is that like lots of that clear coke stuff? Quote Link to comment Share on other sites More sharing options...
RobSheffield Posted October 10, 2008 Share Posted October 10, 2008 Damn you Carl0s, you got me thinking now Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 They're low again - 79.9p. There's interesting chat on lse.co.uk , but their site has just gone unavailable: http://www.lse.co.uk/ShareChat.asp?page=1&ShareTicker=RBS Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 Is that like lots of that clear coke stuff? tab clear? Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 gnutrade looks interesting http://www.gnutrade.com err, no it doesn't. I can't figure it out, but it just seems to be for indices rather than individual shares, from what I can see. Quote Link to comment Share on other sites More sharing options...
SteveR Posted October 10, 2008 Share Posted October 10, 2008 Don't feck about with shares if you don't know what you're doing and aren't fully prepared to lose that money. Quote Link to comment Share on other sites More sharing options...
carl0s Posted October 10, 2008 Author Share Posted October 10, 2008 Don't feck about with shares if you don't know what you're doing and aren't fully prepared to lose that money. I am fully prepared to lose it Quote Link to comment Share on other sites More sharing options...
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