caseys Posted January 19, 2009 Share Posted January 19, 2009 MMmmmm that bailout has done them the world of good hasn't it? I hope no-one has got shares in them... as they've dropped just a tad today since the announcement. Dropped 69% today http://finance.google.co.uk/finance?client=ob&q=LON:RBS What would I fancy more? A share in RBS? Or a Cadbury's Chomp bar? hmmm... I thought my company's share price was bad when it sunk to $30! Quote Link to comment Share on other sites More sharing options...
RiceRocket Posted January 19, 2009 Share Posted January 19, 2009 I hope no-one has got shares in them... as they've dropped just a tad today since the announcement. Dropped 69% today Unfortunately we have got shares as the RBS is 70% owned by the taxpayer thanks to the brilliance of Brown+Darling. Quote Link to comment Share on other sites More sharing options...
MRX Posted January 19, 2009 Share Posted January 19, 2009 Been watching RBS and BARC.L today, looking messy... Quote Link to comment Share on other sites More sharing options...
3LL Posted January 19, 2009 Share Posted January 19, 2009 Hopes RBS write my loan off.. Ok, it wont happen but I can dream! lol Quote Link to comment Share on other sites More sharing options...
carl0s Posted January 20, 2009 Share Posted January 20, 2009 oops my grand is currently worth £212! Quote Link to comment Share on other sites More sharing options...
ManwithSupra Posted January 20, 2009 Share Posted January 20, 2009 oops my grand is currently worth £212! Ouch i would not be smiling dude. Mind you there is not much you can do can you really is there. However if RBS ends up being fully nationalised, the shares will effectively be worthless Apparantly as the treasury now "owns" 70% of the bank, then there will be slim chance that the bank will go under, which is good for people than bank with RBS and Natwest. What a mess Quote Link to comment Share on other sites More sharing options...
carl0s Posted January 21, 2009 Share Posted January 21, 2009 Ouch i would not be smiling dude. Mind you there is not much you can do can you really is there. However if RBS ends up being fully nationalised, the shares will effectively be worthless Apparantly as the treasury now "owns" 70% of the bank, then there will be slim chance that the bank will go under, which is good for people than bank with RBS and Natwest. What a mess but I saw it as a gamble, so I'm not too bothered really. Plus it was always going to be a long term thing. I'm half tempted to buy a couple of hundred quids worth more now that they're at 12p. That'll essentially double my current £1000 stake, for only £200 .. but I kept doing that before, thinking "damn that's cheap, surely they can't go lower" Quote Link to comment Share on other sites More sharing options...
SteveR Posted January 21, 2009 Share Posted January 21, 2009 but I kept doing that before, thinking "damn that's cheap, surely they can't go lower" Remember Marconi? £12.00................£0.0 People were buying all the way down. Quote Link to comment Share on other sites More sharing options...
ozz Posted January 21, 2009 Share Posted January 21, 2009 I already own a few barc shares, had an alert today that there has been news and the chairman has released a statement saying there is no reason for this downturn and that they are on track to continue making a profit. I've bought more on the strength of that, could be a good long term investment. I got 3 times as many shares today for the same amount of investment as a month ago. Wouldn't be nice if they went the way of northern rock, but as mentioned, its gambling. Quote Link to comment Share on other sites More sharing options...
fruity_south Posted January 21, 2009 Share Posted January 21, 2009 if the bank went under, which you state most likely wouldnt happen, would that mean no more loan for me to pay Quote Link to comment Share on other sites More sharing options...
ozz Posted January 21, 2009 Share Posted January 21, 2009 if the bank went under, which you state most likely wouldnt happen, would that mean no more loan for me to pay I don't think so, the debt gets sold as an asset. I believe they could call the debt it. Quote Link to comment Share on other sites More sharing options...
carl0s Posted August 26, 2009 Share Posted August 26, 2009 oops my grand is currently worth £212! My grand is currently worth a grand again Quote Link to comment Share on other sites More sharing options...
ozz Posted August 27, 2009 Share Posted August 27, 2009 Great isn't it. I bought BARC at 50p, LLOY at 45p and RBS at 20p IIRC, portfolio running 90% ROI, BARC was better, sold them at 2.30 but now they are 3.50 odd. Can't be greedy tho! This would be an easy game with hindsight. I'm moving into the mining sector now, if we are coming out of recession they should rise quite nicely over the next few years and there are some bargains out there. Quote Link to comment Share on other sites More sharing options...
MRX Posted August 27, 2009 Share Posted August 27, 2009 I've made some nice £££ on the miners over last few months Quote Link to comment Share on other sites More sharing options...
penguin Posted November 3, 2009 Share Posted November 3, 2009 what the heck is going on with RBS i got my first lot at 37p, and got my second lot at 49... average out ot around 43... but it's nose dived the last few days.... trying SO hard not to check the price every day lol going long on inchcape and trp Quote Link to comment Share on other sites More sharing options...
ozz Posted November 3, 2009 Share Posted November 3, 2009 Its the uncertainty over the sell-offs. I'm holding mine for long term. 49p is quite high for RBS so you might as well forget about watching them and sit for the long term. I sold BARC, still holding RBS, LLOY but I don't monitor the price as I'll likely keep them long term. Quote Link to comment Share on other sites More sharing options...
caseys Posted November 3, 2009 Author Share Posted November 3, 2009 http://news.bbc.co.uk/2/hi/business/8339371.stm Looks like RBS is indeed taking another nice dive today.. down 8.9% so far and 15% in the last 3 days. Don't like the look of their buying into the government scheme even more, so I think the stock's only gonna go more south before it'll recover to the 40p region... http://www.google.co.uk/finance?client=ob&q=LON:RBS Quote Link to comment Share on other sites More sharing options...
ozz Posted November 3, 2009 Share Posted November 3, 2009 Also interesting is a rumour that LLOY will run another rights issue. that will dilute the share price again, though will probably see an increase before this happens as people try to buy into the scheme. I did their last one, worked out nicely. Quote Link to comment Share on other sites More sharing options...
caseys Posted November 3, 2009 Author Share Posted November 3, 2009 Also interesting is a rumour that LLOY will run another rights issue. that will dilute the share price again, though will probably see an increase before this happens as people try to buy into the scheme. I did their last one, worked out nicely. It's not a rumour anymore... £13.5bn issue of common stock http://www.telegraph.co.uk/finance/personalfinance/investing/6492696/3m-Lloyds-investors-to-be-offered-new-shares.html Quote Link to comment Share on other sites More sharing options...
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