RedKite
UK bank shares in 2 banks ....Barclays and HSBC ...have shot up today.
Barclays have shown really huge profits. If you had bought Barclays shares only last March, you would have made a bomb by now.
HSBC have made much less profit, but shares are up.
Royal Bank of Scotland will announce ON FRIDAY.
WATCH THEIR SHARES !! I lost quite a bit on their value last September in the banking debacle, when share price tumbled , but I bought a few
extra last winter when they were only 14 pence each.
THEY ARE NOW 46 PENCE AND CLIMBING!!
Their new CEO is on a HUGE BONUS to get the share price back up. I reckon after today, there could be a big turning point for some leading banks , which will eventually help the REAL ECONOMY.
They are more choosy regarding loans now, and very careful, but profits are being clawed back!!
I RECKON RBS CAN REALLY CLIMB FROM 46 PENCE !!
They have trebled from the 14 p I paid in the winter , but they can go much higher.