Lloyds vs RBS

opinions4u

Halifax sharedealing says:

LLOYDS £ 57,380m
RBS £ 20,606m

Wilkins

lvader wrote: »

They don't take into account issuing of new shares, something that was done extensively by both banks. Look at the market cap, how much did you think they were worth pre crisis?

No, you are right. Market Cap is even more instructive here. RBS roughly a third of what they were, Lloyds around twice as much.

Wilkins

markwilkinson wrote: »

Ok il put it a different way, why is RBS valued at 4 times that of Lloyds? Greater asset base? They still prove to be more of a liability to the tax payer.

It isn't. The essential point, I think, is that RBS is trading well below its alleged NAV, suggesting that there is still a lot of bad news to come.

Thrugelmir

Wilkins wrote: »

It isn't. The essential point, I think, is that RBS is trading well below its alleged NAV, suggesting that there is still a lot of bad news to come.

News today,

RBS faces £8bn in full year losses

http://www.bbc.co.uk/news/business-25918998

BarleyGB

RBS did as consolidation in June 2012. Overnight every 10 shares became 1, the price changed accordingly fro
20 something to 200 something. Had that not taken place they'd have closed at 33.2 instead of 332 tonight.

opinions4u

Thrugelmir wrote: »

News today,

http://www.bbc.co.uk/news/business-25918998

They'll need more capital for that. Bad news. For the taxpayer.

lvader

BarleyGB wrote: »

RBS did as consolidation in June 2012. Overnight every 10 shares became 1, the price changed accordingly fro
20 something to 200 something. Had that not taken place they'd have closed at 33.2 instead of 332 tonight.

They did a bunch of things, as I said issusing of new shares IS NOT taken into account in any share charts. It amazes my how many people are invested in banks under false assumptions over values pre and post crisis.