Mötley fool appears to be a repeat of a previous listing. Basically if nothing happens in the July report you may as well forget about any rise till this time next year. An increase hinges fundamentally on the announcement of the elusive dividend and dumping of all govt stock, without one or both occurring, the year of the donkey will continue. If there is a glimmer of light then we will see it averaging about mid 80's probably. It ain't going to happen in a hurry guys, slow and painful!
The above article from Motley Fool sounds bullish.It is conceivable that in the 12 trading days leading up to the half yearly results the SP is likely to hit 75p+ as that is what the IIs paid in the last HMG sale.If there will be announcement of a dividend a further upside is likely.How big that upside is going to be depends on the markets confidence in LLoy GLA
For the record and to whom it my concern - Please accept this as my formal complain that HMG is providing 'State Support' to a British company (LBG) that no longer needs as such, As this must contravene some EU law on unfair competition I request they step in and do something useful for a change ;-)
zacks (dot) com says that there is a hammer chart pattern on LLOY. "it can suggest that the market has found a low point in the stock, and that better days are ahead. Zacks Rank #2 (Buy) suggesting this relatively unloved stock could be due for a breakout soon." ... Just don't celebrate by dancing around in baggy pants, ok?!
HMG cant choose too much when they want to sell. at the end of the day a government shouldnt hold shares the way us mortals do. if thye hold them too long they will be in trouble for state support of a UK business. which is illegal based on unfair competition rules. heaven only knows where you draw the line with this and a "structured bailout". but there will be a line somewhere. I guess it depends if anyone complains.
HMG can't realistically do another II offer at current SP level. And I suspect they really want to get shot of them before the election. So focus must be on young Antonio for good results on 31st July and then on 27 February 2015, and finally to say something positive about dividend.
In the meantime the SP is bashing about all over the place. Think will go hide in Spain until September … GLA
HMG bashing over RMG floation in danger of casting a shadow over Lloyds disposal, Will HMG back away till after the election, carry on regardless, or get it over and done with asap, Hope its the latter - the bashing could act as promotion lol
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