RBS has agreed to a settlement with claimants over money raise prior to their collapse. Claimants said they were not given the full financial problems the bank faced. Let's not forget that Lloyds is being pursued here and in the US by shareholders over its takeover of HBOS.
No need Asperger, there is plenty of info to de-ramp should anyone wish too. Some see it as speaking the truth however.
Even IF Brexit had gone the other way, I imagine with all the EU's issues, and with the HMG selling, we would still 'only' be kicking around 73, as until the Gov are out, we still would have been trapped from rising above that sell off price even IF there were no bad news around.
Yet as it is, we voted for certain uncertainty, taking around a quarter of our value with it. That will not return just because HMG are out, but at least we will find out what our true value is, and hopefully it will be higher.
Enjoy your TV. I am watching 1982 TOTP's. Memories
Well said mick. I thought I'd leave it to you, otherwise I would get accused of deramping the nag. No, but seriously todays SP performance in light of the Italian job Sunday is imo because it's a UK focused bank. Where as the opposite is true regards the drop since Brexit. If it's a "no" Sunday I'd expect Lloyds to do better than the rest. A "no" vote is mega news with massive implications.
Jimiley, even if the dividend rises, coming inflation will wipe that away and more.
There is little hope of Lloyds having a meaningful lasting rise, all the time HMG is selling at some price around where we are. Even when HMG are fully out, the Brexit real (which many need reminding of, HASN'T started yet), will keep a firm lid on any decent rise until things are clear on the UK's trading position both with the EU and whoever else we can trade with. It should go without saying, if that deal is poor, then so will our Lloyds share performance be.
Hope, inspired by Asperger may be all we have for a long while.
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