Royal Bank of Canada T.RY

Alternate Symbol(s): RY | T.RY.PR.J | RBCPF | T.RY.PR.M | RBMCF | T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF

Financial Services

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.

TSX:RY - Post by User

Royal Bank of Canada

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Comment by stocknupon Nov 09, 2009 9:51pm

550 Views

Post# 16469540

RE: RE: Royal Bank PE

You may be right about forward looking profits, but even at the peak before this mess, Royal was only trading about 5% higher than current SP and they were making a h@ll of a lot more profits back then.
I have only been on the sidelines for a month or so. Bought Royal at 38 and sold at 49.50 so yeah I left some on the table but was quite happy with my tiny profit. Of course my Royal money has been working just fine for me since I sold out.
GLTA

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