nik52wrx

Today RBS announced massive losses but yet their share price went up, why is this?
Nik.

SlimJ_2005

The results were probably not as bad as expected! Quite how losing 20bn can be seen as not too bad doesn't make sense to me...

AndyC_772

iTrader: (2)

Didn't they lose 25bn, whilst they were expected to have lost 28bn?

jasey

The ex chief exec has probably been buying up shares with his pension !

hodgy0_2

your confusing the financial industry and any sense of rationality

SunnySideUp

Despite the massive loss, the Government will never see it fail ....... therefore strong share price.

Spooky Mulder

The earlier poster is correct. The markets had discounted the shares on the expectations of a £28bn loss.

The losses, whilst extreme, were less therefore shortening the period to recovery making the shares more valuable. The discount being unwound somewhat.

They were still a good buy at 10p!!

Tidgy

how no doubts people, if some of the big banks fall were gonna be in a real world of hurt economy wise, the goverment HAS to prevent there collapse or job loses are gonna be the least of our worrys, the banking system has huge implications for all companies, public provate and for whole governments.

so the shares should stay not to bad due to the bank being protected.