registerme
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Post by registerme on Sept 30, 2016 9:32:12 GMT
I'm beginning to think that a) in spite of protestations the German government would not and could not let DB go down, and b) that the shares must have been over-sold, even allowing for a capital raise......
Am I mad?
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locutus
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Post by locutus on Sept 30, 2016 9:54:45 GMT
I'm beginning to think that a) in spite of protestations the German government would not and could not let DB go down, and b) that the shares must have been over-sold, even allowing for a capital raise...... Am I mad? I'd say it was a big risk. There is no reason the shares could not halve in value again or worse before a bailout. Even if they're bailed out, the share price will limp along for years with no prospect of a dividend. Seems like little upside to me.
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jonah
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Post by jonah on Sept 30, 2016 11:19:33 GMT
Look what happened to rbs shares after their bailout... I know enough to know that I don't know enough to buy these.
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adrianc
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Post by adrianc on Sept 30, 2016 11:50:12 GMT
Mad? No. Wrong? Possibly, possibly not. Do you feel lucky? Apply the usual rules of gambling to it, and you should be fine - never bet more than you'd be happy to lose...
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jimbob
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Post by jimbob on Sept 30, 2016 12:19:09 GMT
In an attempt to diversify away from p2p a bit I bought 750 RBS shares at 187p I think eventually they'll head north (There is a big £50 Bn discount to balance sheet), but Deutsche/potential DoJ fines are sending them through a big rollercoaster right now
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Post by davee39 on Sept 30, 2016 16:17:54 GMT
Angela Merkel
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jonah
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Post by jonah on Sept 30, 2016 17:36:51 GMT
Care to expand a little on that...?
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 30, 2016 18:27:58 GMT
Care to expand a little on that...? Answer to the thread title. I think he is alluding to a govt bailout. Firmly denied and ruled out of course, as it would be two fingers up to the Italians, but then maybe the lady doth protest too much!
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jonah
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Post by jonah on Sept 30, 2016 19:19:10 GMT
Care to expand a little on that...? Answer to the thread title. I think he is alluding to a govt bailout. Firmly denied and ruled out of course, as it would be two fingers up to the Italians, but then maybe the lady doth protest too much! Of course... fair point. The article on the BBC says as much as well.
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fp
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Post by fp on Sept 30, 2016 22:07:27 GMT
The price has bounced back a bit today, possibly to do with a rumour that they are close to settling the fine at just over $5bn
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Post by jonboy73 on Oct 1, 2016 2:48:24 GMT
I'm beginning to think that a) in spite of protestations the German government would not and could not let DB go down, and b) that the shares must have been over-sold, even allowing for a capital raise...... Am I mad? I don't think you're mad, but it is a gamble for sure. They may or may not have been oversold yet, what if they go down further? Throw more money at it in an attempt to average down?
I'm not buying them as I don't want to add currency risk to the equation. I think other shares unduly suffer as the sentiment extends to the whole sector including UK banks, so I would buy more of those. (I already hold Barc, Lloy and Stan)
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jo
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Post by jo on Oct 1, 2016 7:47:10 GMT
I'm beginning to think that a) in spite of protestations the German government would not and could not let DB go down, and b) that the shares must have been over-sold, even allowing for a capital raise...... Am I mad? Given that it's a pretty binary outcome (double or zilch), you could decide how much you're prepared to risk and buy a call option?
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Post by martin44 on Oct 1, 2016 7:47:16 GMT
I too hold a substantial amount of Lloyd's, very disappointing.
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Post by martin44 on Oct 6, 2016 21:26:34 GMT
I guess you had your lloyds a long time, i bought 2009 at 99p , still down 45% ish 7 years later, when is this pup gonna come good?
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jonah
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Post by jonah on Oct 7, 2016 6:39:24 GMT
I guess you had your lloyds a long time, i bought 2009 at 99p , still down 45% ish 7 years later, when is this pup gonna come good? Well, a 2% ish divided last year (on your buy price) whilst not great is at least a start I guess. Probably the most effected share by the referendum though.
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