Agree Analysts are pretty hopeless on predicting the future share price of a company. The dividend payout announcement tomorrow will be based on the future 2017 "Forward-Price to Earnings Ratio" and the ability of the Bank to maintain future sustainable operating margins.
The City have already probably decided where they want to take the share price if the 2016 Nationwide Building Society full year results are any thing to go by. Good luck tomorrow. ATB
The overly simplistic BBC headline will inevitably be the big increase in annual profits - seems certain giving the position at Q3 -v- last year's full year results. The analysis -v- consensus will be key though as well as what the CEO has to say about the future. Less focus on continued uncertainty arising from Brexit/triggering of A50 the better for the SP! ATB, Scfc
They have priced in so much good news it seems - tax cuts, massive infrastructure spending, etc and Trump was going to reduce the massive US debt. All seems too good to be true which usually means...if it were as simple as Trump makes out what having previous governments and Presidents done it. Errrmmmm
Analysts are pretty hopeless on predicting the future SP but tbf often not far off the mark on divi predictions so the c2.9p guess won't be too far away i expect esp. in light of the additional capital requirements post-MBNA CC purchase. Scfc
US TAX reforms,due out in the next week or two,that's expected to be real good news for the financials. but yeah,it's weird,everything's just flying northward,with no corrections,other than a few day pullbacks,that dont last long. strange timez we're in.lol.
US markets have gone crazy...really can't see what is being promised by Trump being ultimately delivered. Keep thinking it will fall back but the Americans having none of it! Interesting times ahead for sure...
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