RBS Shares

alangent

Hi all, I have a few RBS shares, but what will happen to them (and their value) if the government take full control of the bank and nationalise it?

97trophy

In that case, expect to get nothing back.

napoleon

Give them to charity while they're still worth a few pence

Andrew64

When I looked a few minutes ago, an RBS share was only worth 26p! Better sell them now while they're still worth something. If RBS is fully nationalized you'll end up with nothing.

Stavros_3

Now 21.50 !!!!! thats a drop on the day of 38%, surely the governments going to Nationalise,

Stavros_3

Now 18p down 46%, Gollum was on TV this morning absolutely fuming with RBS and its huge exposure to the sub-prime market

Masomnia

Not advice, but I sold up this morning. Made a loss, but the chance that I'll lose it all just wasn't worth it.

They've fallen even more since I sold so I'm happy with my decision. Down to 12.7p.

I,_Brian

Now 12.2p for RBS shares - this is incredible:
http://www.financemarkets.co.uk/2009/01/19/rbs-loses-60-as-investors-flee-uk-banks/

I'm watching very closely:
http://finance.google.co.uk/finance?q=LON:RBS

So long as RBS retains funding, could become quite a bargain for the long-term investor.

ADDED: Why would RBS be nationalised? So long as it's solvent, it's not a problem. It's investor confidence down.

Masomnia

It was the same with Bradford and Bingley, if it's all over the news I think people will be scared into withdrawing. As soon as the public lose confidence its days are numbered.

I,_Brian

B&B was incapable of surviving financially, though, whereas RBS has full backing.

Robert Peston pretty much lays it out here how insanely bearish markets are:
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2009/01/collapse_of_confidence_in_bank.html

As he points out, Barclays is now valued by market cap at 1.5 years profits.

obsessed_saver

Incredible...