wheres the rbs 44p shares deal thread gone?

Banned 18 replies
Found 17th Nov 2008
wheres the rbs 44p shares deal thread gone?

i posted it 15mins ago and it got to 55degrees

put me off posting again!

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18 Comments

shares might not be allowed, but I dont know :?

lol.

Shares as a deal.

Too late someone posted last year they were a steal at £3.50p. Anyway a investment is subjective therefore not a deal, what you might think cheap another could say it was to expensive for a company owned 60% by the Goverment

somesone posted about it needing to be removed then it went. Id guess it got spamed but i dont know. I would have thought if a mod removed it you would have been told why.

Banned

tonyd19565;3489674

Too late someone posted last year they were a steal at £3.50p. Anyway a … Too late someone posted last year they were a steal at £3.50p. Anyway a investment is subjective therefore not a deal, what you might think cheap another could say it was to expensive for a company owned 60% by the Goverment



RBS isnt owned 60% by the government

check your figures with the bail out the government will own 60% of company

Banned

dont think so Tony. Firstly you said RBS are 60% owned by the government, no stake is held yet.

Another thing, current RBS shareholders have not yet responded on taking up extra shares. If all the shareholders buy loads of shares, the % owned by the government will be far less.

Seeing as the government are buying shares at 65p, and they closed at 44p yesterday, if might be a while before something is decided.

Might want to check your figures instead of making outlandish statements you saw in the Sun.

Don`t read the sun and to raise a pedantic issue such as you have done goes beyond belief . If the government had not offered the terms and the RBOS board not accepted, it would not be placed before the shareholders, who in the main have already signalled their intention to accept.
Therefore where is the outlandish statement? Premature by using the word OWNED but I never thought I was addressing the bench . Either way it is going to happen.

Banned

outlandish is the use of 60%, thats a worst case scenario. If current shareholders take up their offered allocation to the maximum, the government stake would be closer to 30%.

Better read up, maybe the sun is better informed. Remember current shareholders already subscribed to a £12 billion issue at the start of these problems and with the new credit ratings required by the government this is the issue for banks and in particular RBOS, after the price they paid for the takeover of Amro and the exposure to the US sub prime market their finances are depleted. No one wants to refinance them, that is why the government stepped in.

Banned

41.7p

Banned

So wrong it is untrue - I'll go slowly. The £12 billion rights issue is a seperate thing here.

The Bank has offered existing s/holders the option of buying extra shares at a set price, with the government making up the rest. If, for example, existing shareholders take up all of their offered shares (highly unlikely), the government stake will be small. If not many extra shares are taken, the government will invest heavily. If this does happen, it is likely the government will own 60%.

So if shareholders decide to buy a large amount, the government will NOT have a 60% stake, but a lower one, maybe 30%.

As a shareholder I have the literature in front of me. Also being an RBS member of staff, it has been made clear that currently the government hold NO stake, and when they do it will not necessarily be 60%.

Your statement ;

'Anyway a investment is subjective therefore not a deal, what you might think cheap another could say it was to expensive for a company owned 60% by the Goverment'

is completely untrue and misleading.

As a share holder you know the £12 billion rights issue is a dilution of the original share price (therefore not a separate issue), and it was not fully subscribed too by shareholders. Is that right or wrong?
Your company now needs further capital, do you really think these shareholders will subscribe to this further issue in full. I don`t care what papers you have in front of you and what they say, anyone involved in the stock market knows the scenario and you as a stock holder should be fully aware.
As for the insults you have thrown to steady your shaky confidence. I for one do not hold a share that fell from over £5 down to 0.42p. So really who is slow?

tonyd19565;3502791

As a share holder you know the £12 billion rights issue is a dilution of … As a share holder you know the £12 billion rights issue is a dilution of the original share price (therefore not a separate issue), and it was not fully subscribed too by shareholders. Is that right or wrong?



97% uptake, so close enough.

Never thought it was as high so I stand corrected.

So Not A Good Deal Then No?

Original Poster Banned

thesaint;3489539

lol. Shares as a deal.







latest share price as of 1630 today- 69p!............... i bet u feel like a prat now!!

well done to those who took up the offer i posted when the share price was 44p- u like me are now £££££s richer!!!!



merry xmas....... in fact i made a profit of £32k...... hohoho hoho merry xmas hahahaha
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