RBS Shares

whiteflag_3

Masomnia wrote: »

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.

Well if people like you panic selling send Royal Bank to the wall, i hope you are prepared to deal with the consequences.

Masomnia

whiteflag wrote: »

Well if people like you panic selling send Royal Bank to the wall, i hope you are prepared to deal with the consequences.

Nationalization? Yep, suits me.

desisaver

I,_Brian wrote: »

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.

Possibly a good punt for a long term investor. I dont think it will be nationalised personally. It is solvent and has backing of the goverment to get rid of toxic assets now!

Andrew64

It's hard to imagine such a major bank as RBS/NatWest being a penny share! I am sure the government must be tempted to fully nationalise and de-list it.

FraudBuster

Incredible...................

How many small businessess would this have saved?

Treasury officials checking the books of the Royal Bank of Scotland now controlled by the Government, were shocked to discover that £2.5bn had been loaned to Russian oligarch Leonid Blavatnik in his attempt to build a massive business empire. The RBS has had to write off the entire debt because one of Mr Blavatnik's foreign companies faces going bust - with British taxpayers left to pay the price.

http://www.thisismoney.co.uk/news/article.html?in_article_id=467709&in_page_id=2&ct=5

[Deleted User]

live feed: now 10 1/2p to buy

Inactive

Rumour has it, that it is to renamed; The Royal Bank of Skintland.:rolleyes:

itsallagame_2

A bloodythievingmazing, someone follow the money, go arrest the scumbag who signed the loan at RBS.

We can all be zillionaires if given the cash

whiteflag_3

Masomnia wrote: »

Nationalization? Yep, suits me.

Care to elaborate?

Masomnia

whiteflag wrote: »

Care to elaborate?

Since you ask so politely. I don't see why I should be losing money in the vain hope that they won't be nationalized, when it looks fairly likely that they will be. The large institutional investors are dumping the shares, clearly they've seen the iceberg too, and I have every right to sell my shares to whoever wants them.

Me or anyone else selling shares won't bring the bank down, a liquidity crisis will though. People panic (NR, B & and withdraw their savings, when there is no reason to. I happen to believe that this will probably be the outcome, and based on that have sold my holdings. It wasn't panic selling, it was a sensbile, reasoned decision. The chance of losing it all has become too great for me.

Given all that I think nationalization is probably the best outcome, we can't lose a bank this size, and I don't think given the losses it's announced it will be allowed to continue trading independently, nor should it, in my opinion.