Helix Investment Research
Long only, special situations, contrarian, growth

The Royal Bank Of Scotland: Undervalued As Restructuring Moves Forward

Few financial institutions, either in the United States or in Europe, encapsulated the excess and largesse of the early to mid 2000's better than the Royal Bank of Scotland (NYSE:RBS). RBS, which received the world's single largest bank bailout package (valued at £45.5 billion), is now 81.14% owned by the government of the United Kingdom, and it is unlikely that the UK will exit its stake in the short or medium term. With such a track record, and the "overhang" of government ownership, why would any investors willingly purchase shares of RBS? The answer to this question is multifaceted. RBS's management team has been overhauled since the financial crisis, the bank has undertaken a massive restructuring of its...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details