A stupid statement issued by the RBs board, Financial Regulators would never entertain the idea of the bank paying out a special dividend of 33P per share The main priority for RBS is to return the bank to private ownership as swiftly as possible before it falls into the hands of a future labour Government. Yes your right Philpot 33p Special Dividend or a buy back direct from the Gov who still hold 62% of RBS both have a positive result for shareholders..... This will be discussed after the BOE stress test results, so it may be up to 33p which is a round about number from the £4bn surplus capital...... RBS Core Tier 1 Capital is currently above 16% and the banks target is 13 to 14 % so 2% Core Tier 1 give the £4bn surplus capital but only dependent on the results of the stress test if adjustments have to be made to the bank then we can all expect a adjustment in the Dividend..... We need to get past this bloody 250 and 270 and 290 levels first Hopefully this Brexit Bullshht will be over soon so this can tick above 300p then if we get a buyback that's OK...... Which ever way most of us need this to get back to above 310p as a minimum maybe a Santa Rally will also help lol......... Will be interesting to see if RBS outperforms Lloyds although we might be waiting a while given current market outlook. Not sure if there will be a clear view until March 2019 and even then it will take a couple of quarters trading to determine the economic impact. Would love to hear more optimistic views The momentum and the recovery in the share price and dividend reinstatement ealier in the year is now being gradually eroded away. Both the RBS board and the Government need to make more of a concerted effort and force their hand to get this bank fully back into private ownership before future economic and political events finally engulf it. At present UK listed banks are experiencing a torrid time in terms of share price performance, but they can be no excuse for a current RBS pre consolidation share price of just 24P, at this late stage of the turnround of the bank almost fully complete. Positive thinking from HSBC : Analysts at HSBC sounded a more positive note on RBS and Barclays on Friday, but not Lloyds, following the 15-20% decline in their share prices over the past three months, on the back of concerns around geopolitics and Brexit. Nevertheless, while valuations for the three lenders had improved, with all of them now looking simply 'oversold', their 'operating story' had not, they said. They were particularly more upbeat on RBS, raising their target price on its stock from 280p to 290p, while upgrading their recommendation from 'hold' to 'buy'. More importantly however, the shares had underperformed those of its peers as hedge funds looked to turn a quick profit from the government's sale on 5 June of a 7. But another placing by the government was deemed unlikely in the near-term and RBS should be able to begin buying stock in early 2019, thus reducing the overhang in its shares, HSBC said. Jambon - fred certainly walked away ok, very sorry to hear about the staff suicides. I certainly don't want to get too much into it and become a Lloyds forum asylum, But personally I think its unlikely we will get a no deal - I think there will be a bit of give and take and well get some kind of flimsy half brexit deal. As such im holding - also I don't have a huge holding here, so if it did collapse to 160p I would heavily average down bearing in mind the dividend that's likely to be circa 8p over the year becomes 5% dividend at 160p. Also its possible in 2019 the dividend could be even higher. However each to their own and I understand fully people selling out. Sorry to hear about crystalising losses. Was that before they collapsed they advised staff to buy and hold large amounts of shares as a good pension option etc.. Those people that held large amounts of shares for their pension are still 96 percent down... My mrs worked for rbs and there was a few staff suicides due to the total collapse of people savings and pensions... Good ole fred walked away ok though! They always bloody do Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk. The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.
