Thread: Royal Bank of Scotland to miss governmen...
Started 1 month, 3 weeks ago by sorass
Royal Bank of Scotland to miss government's £16bn lending targetStaff costs at its investment banking arm have risen to £2.5bn - but anyone earning over £39k can't receive a bonus this year
http://www.guardian.co.uk/business/2009/nov/06/rbs -to-miss-lending-target
In the dark yet again replied 1 month, 3 weeks ago
sorass,
"but anyone earning over £39k can't receive a bonus this year"
Do you just not read things properly or just prefer to quote abstracts out of context to deliberately confuse things? Whatever you do for a real living, I think you've missed your calling. PR, spin doctor or politician seem more appropriate as, in those occupations, it's perfectly reasonable (probably a requirement) to ...
Hi all
just a question regarding what happens after the 20th nov if you still hold lloyds shares /what happens if you sell half on the 21st are you still entitled to the full amont of extra shares for the shares you held on the 20th /thanks
Maclweirza - If you sell before the ex rights date, you are not entitled to the extra shares and would have to pass them on to the purchaser of your shares. In your case ou would lose entitlement to half the rights by selling half your shares.
You must be on the register on the 20th and hold until after the ex rights date to qualify based on your share ownership.
hopeinhell, where did you get this information from? I can see nothing in the prospectus that suggests the shares MUST be held from the record date right up until the ex-rights date.
Surely, prior to the ex-rights date, all shares are cum-rights and can be traded as such????
The record date is for administrative purposes??
hi again
so are you saying that if i wanted too i could sell all my shares after the 20th and am still entitled to the extra shares /is that correct /as long as i pay for them of course
I am looking after my mothers shares at present her estate is going through probate but I have asked for her shares to be transferred to me.
Will this cause any problems if the change over happens before the 27th if after the payment would just go into the estate funds.
The General meeting on 26th Nov I could do with some help or pointers on which is the best way to vote never had to look ...
Firstly from your post you do not yet have probate and untill probate has been granted it is unlikely that a transfer of your mothers shares to you could be made. these shares will be held and the RI offer will be made to the executors to take up the offer. You should take up on the offer because your will be the benificiary of her estate. it is a difficult problem to understand but imho you ...
Davey - It was your advice that worried me, as that is not my experience. I wasn't intending to judge and my case the event was some years ago. The law may have moved on.
True if will no probate needed but if no property involved you can do this yourself without a solicitor but still have to gain probate. Sadly I know my mother was robbed by her younger brother when her mother died he said there was no will and also didn't go through probate he just took everything even didn't mention his half brother in South Africa. I am doing this correctly then all will be legal and safe from my half relatives I...
hi again so are you saying that if i wanted too i could sell all my shares after the 20th and am still entitled to the extra shares /is that correct /as long as i pay for them of course
"Davey - You may have broken the law, be careful. If no will, I believe it HAS to go through probate" hopeinhell - sorry you're wrong. If there is a will you need to apply for PROBATE or in some cases LETTERS OF ADMINSTRATION. If there is no will you apply for LETTERS OF ADMINSTRATION. (although, there are circumstances where neither is necessary). I have certainly not broken the law and in anycase I was only commenting...
Firstly dont bother to vote, your vote wont make a dot of difference against all the institutional investors, I wont. Secondly, the Provisional Allotment Letter will be addressed to the named shareholder on the share register be that your late mother, the executors of your late mothers estate or you if the transfer to you is effected in time. IMHO it dont make a dot of difference on whose account the cheque to pay for the rights issue shares...
...Yes I wholeheartedly agree....no wonder he has chosen sorassas a name.. I come on here about once every couple of weeks to give my opinion and have already stated that LLoyds will go down to around 40-45 before rising. I sold at 90p and will go in only at 43.......WB is a good teacher!
Sorass, nest-egg, savucash - all these posters are very similar. They like to spread propaganda about banks such as Lloyds and RBS during difficult times, and then if they are exposed, such as how sorass was below, then basically they say that they are genuine and do not wish to upset anyone, that they are simply the messenger, so to speak - 'oh please don't shoot me!' IMHO these people are VERY similar - in fact I believe they...
Firstly from your post you do not yet have probate and untill probate has been granted it is unlikely that a transfer of your mothers shares to you could be made. these shares will be held and the RI offer will be made to the executors to take up the offer. You should take up on the offer because your will be the benificiary of her estate. it is a difficult problem to understand but imho you should not allow dillution of the existing shares...
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