RBS Shares

milngavietartanarmy

having been stung badly on my RBS sahres in the past, ive been really pleased to see a healthy rise over the last 2 weeks.

when is the best time to sell these? does anyone think that they can get back up to £1?

thanks for the help

debbie42

If I had a definitive answer to that then I'd be richer than I am :-)
For what it's worth my (long term) sell price is 110p. I live in hope.

A.Jones

when is the best time to sell these?

When the price reaches a peak. :-D

malik999

1) when is the best time to sell these? ##### Depends on your age and if you can do without the money imo. I consider all my banking shares a hold/long term investment.

2) does anyone think that they can get back up to £1? #### yes eventually they will. I wouldnt sell at £1. I would continue to hold

coultog

I'm with Malik... I bought some RBS shares as low as 35p each. I intend to hold them for a long time... If you look at the 2008 dividends, they pretty much amounted to the same value as the share cost me in the first place...

I know we have to wait for the government to sell their shares before RBS can start issuing dividends again, but as it's a long term (10 years +), I'm not too bothered - happy to wait. In the meantime hopefully I'll see capital growth.

For what it's worth, selling at £1 might seem like wonderful growth (which it would be), but if RBS was to recover back to the anywhere near the 2008 value, we'll both see massive capital growth on top of what we have already seen.

Just my views...

kfm

No dividends were paid in 2008. Dividends in 2007 were 33.20p for the entire year but RBS only had 9.5 billion shares in issue then, they now have 52.8 billion. Any future dividends will be diluted among a larger number of shares.

RBS don't need to wait for the Government to sell its stake to pay dividends but they cannot do so until at least 2012.

chopperharris

what u have to remember is it will never get near its historical peak again.
Hmg owns 84 percent , and the shares that were in issue were diluted in value prior to that by 4x.

SO even with basic maths peak 20 quid divided by four is a fiver , then more dilution on top when hmg took stock of their shares 5 dived by 13 , the amount more shares held by hmg vs investors , makes 65 p.

However you also ned to add to this the disposals which decreases profit and market share.

Targets set by other agencies is 60-70p , which works out about right.

The only way for this to go is within that range unless rbs buys back shares , which cant be bad for any hmg as an extra income.Buyback is the only way to get beyond this range other than sentiment.

opinions4u

chopperharris wrote: »

what u have to remember is it will never get near its historical peak again.
Hmg owns 84 percent , and the shares that were in issue were diluted in value prior to that by 4x.

SO even with basic maths peak 20 quid divided by four is a fiver , then more dilution on top when hmg took stock of their shares 5 dived by 13 , the amount more shares held by hmg vs investors , makes 65 p.

However you also ned to add to this the disposals which decreases profit and market share.

Targets set by other agencies is 60-70p , which works out about right.

The only way for this to go is within that range unless rbs buys back shares , which cant be bad for any hmg as an extra income.Buyback is the only way to get beyond this range other than sentiment.

I have to echo everything said here.

LBG and RBS should not be bought in the belief that they will return to previous highs.