Bit dissapointed with the Share Price rise today with the FSTE being up 75pts however i am still confident Lloyds will make the 87P-89P mark sometime before the close of trading on friday the City will have been probably been mulling over the Barclays numbers with (extra due diligence) today expect their attention to turn to Lloyds tomorrow and hopefully start to mark them up before the results are published. I will keep to my original forecast of a 2015 trading range of 84P- 88P and a full year dividend of 1.5 P that i stated on the chat board 15 months ago.
Just my opinion: Contrary to popular opinion I think <0.75p, possibly 0.5p-0.6p. Why? Expecting good results but HMG/LBG suppress value post 31st July, MS continue 1% per 3-4 weeks, 5% sale to institutions and then 5% sale to SID. Early 2016 the game has changed, good divi's and a possible special divi.
Think we will get stronger rises in the second half of the year as the governments plans become more clear, holding reduces, and we near the introduction of a full divi rather than a token divi. £1 min by year end IMHO.
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