NWG Sold ==> That's right...another winning stock pick

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    NWG Sold ==> That's right...another winning stock pick

    Oh what a glorious day to be me. Once again I have sampled ripe fruit from the lowest of vines. These stock winners are so tempting and so easy to have. I will gorge on them until I become a complete endomorph. I am the champion stock picker of all time. I am the greatest in the universe. All of the financial experts who have TV shows, radio shows, Bloomberg, Forbes, IBD, CNN, Wall Street week...they are all mere mortals compared to HUGEST of them all. The one...the only...the $$$MR. MARKET$$$.

    Today I sold NWG at 11.23. That's a 18% gain over my purchase price of 9.55. That's an 18% gain in only 16 weeks. That is a 57% annualized gain. My stocks go up so fast that my neck snaps looking at them go. Actually with my 18 1/2 inch thick and muscular neck, it is very difficult to make it snap.

    Over the same period, the S & pee 500 was only up 4%. Ha ha ha ha. My stomach hurts so much from laughing, I need to take some Tums. So now I have 22 consecutive profitable trades of 15% or better. Can you do that? You?? YOU?? YOU???

    How HUGE is $$$MR. MARKET$$$??

    • $$$MR. MARKET$$$ can gargle peanut butter
    • $$$MR. MARKET$$$ can clog a toilet with urine
    • $$$MR. MARKET$$$ threw a grenade and killed 21 people... Then the grenade exploded. Then he threw the pin and killed another guy with it
    • When Alexzander Graham Bell invented the telephone he already had 3 missed call from $$$MR. MARKET$$$


    I am HUGE!! Bring me your finest meats and cheeses. No one can compare with me. But I am so generous, I will offer to share my stock picks with you. But first you must forward this email to 3 of your friends and then post on my forum telling the world just WHO is the greatest stockpicker on the planet.

    Go $$$MR. MARKET$$$ it's your birthday..uh huh uh huh.

    www.mrmarketishuge.com


    ================================================== ============================
    10-17-2024, 09:25 PM#1 mrmarket's Avatarmrmarket mrmarket is online now
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    Default NWG ==> The WNBA Winner
    ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)

    What are the best things about Scotland? Rowdy Roddy Piper ostensibly came from there.



    Some of the others?

    Food: Try traditional Scottish dishes like haggis, Scotch pies, Cullen skink, and shortbread.
    Castles: See Edinburgh Castle, which houses important Scottish artifacts like the Honours of Scotland and The Stone of Destiny.
    Countryside: Walk through the lush Scottish countryside and wave to highland cattle.
    Islands: Visit the northern isles to see breathtaking landscapes.
    Other than that, by the late 1960s, economic conditions were becoming more difficult for the banking sector. In response, the National Commercial Bank of Scotland merged with the Royal Bank of Scotland. The holding company was renamed The Royal Bank of Scotland Group and became a public company in 1982. Anyway, after a bunch more mergers, they became knows as Natwest Group. Before the 2007–2008 financial crisis, NatWest was very briefly the largest bank in the world, and for a period was the second-largest bank in the UK and Europe and the fifth-largest in the world by market cap. So the bottom line is, it’s a pretty impressive company.

    Today I bought stock in Natwest Group PLC (NWG) at a price of 9.55. I will sell it in 4 to 6 weeks at 11.03. Here’s why I like NWG:
    First of all, look at this great chart!



    This stock is up 71% in the past 52 weeks, but its PE is only 7.7. That’s some awesome growth for an incredible value! On top of all this, NWG pays a Forward Annual Dividend Yield of 4.75%! ANAL-ysts have upgraded their EPS consensus estimates, increasing from $1.05 to $1.23 in the past 60 days. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.08 and a current ratio of 1.07. The company has a market capitalization of $38.78 billion.

    NatWest Group Plc is a universal bank based in the United Kingdom. The company provides a complete ecosystem of financial services to both consumers and businesses, including retail banking, private banking, commercial banking, financing, and risk management.

    NatWest was launched in 1970 after consolidating over 200 local banks scattered across England and Wales. However, over the years, the group has acquired other financial institutions, including the Royal Bank of Scotland, which dates back to 1727. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services. The three segments combined consume about 65% of the group’s risk-weighted assets. It also provides financing, risk management, and trading solutions around the world to global financial institutions and large corporates in its NatWest markets segment.

    While the bank has an international presence, most of the income is generated within Britain. In total, it houses over £476bn in customer deposits, making it the fourth largest bank in the United Kingdom. NatWest ranks among the top four banks in the UK, serving 19 million customers globally.

    NWG has continued to build on their strong market positions through both organic and inorganic activity. The growth in new customers of over 200,000 has contributed to growth across the bank. Lending in commercial banking to mid-market customers grew by GBP1.8 billion. Assets under management and administration are up 11% to over GBP45 billion. NWG is accelerating this organic growth by making acquisitions where they have opportunities to add scale in their target areas at attractive returns. In recent years, management has introduced a dividend that’s begun to attract income investors. And with higher interest rates making its lending activities more profitable, it’s possible that the business can deliver some long-term returns as well as stability.

    For the full year 2024, NatWest raised its forecast for return on tangible equity (ROTE) and expects it to exceed 14%, up from the previous outlook of 12%. Additionally, annual income is now projected to reach approximately £14 billion, surpassing the earlier forecast of £13 billion to £13.5 billion. Compared to the market’s typically PE ratio of 12–15, it certainly makes the UK bank stock seem a bit cheap and, therefore, potentially attractive to value investors.

    Here’s what the CEO had to say:

    “We have had a strong first half, with significant growth quarter-on-quarter. Income was GBP7 billion, and costs were GBP4 billion resulting in operating profit before tax of GBP3 billion, with attributable profit of GBP2.1 billion. Our return on tangible equity was 16.4%. Given the strength of our performance, together with our updated economic forecast, we are upgrading our 2024 guidance As you all have heard, we're pleased with the performance and the positive momentum during the first half. It reflects my and the management team's ambition for the business, and it does give us increased confidence about the outlook which is obviously reflected in the upgraded guidance for the year.”

    With the money I make on this stock, I’m going to fly to St Andrews and birdie the road hole. Bring me your finest meats and cheeses!
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$
  • Louetta
    Senior Member
    • Oct 2003
    • 2331

    #2
    "The lowest of vines..."? Congrats, L.P.

    Comment

    • jiesen
      Senior Member
      • Sep 2003
      • 5319

      #3
      Congrats on winner #22, $$MM!! Thanks again for this most excellent pick, and I eagerly await the next 22 winning picks!

      You are HUUUUUUUUUGGGGGGGGGGGGGGGGGEEEEEEEEEE!!!!!

      Comment

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