Over the years, of watching stocks, I've noticed that negative articles are pumped out targeting the dividends that are up for reinvestment. Over 560,000,000 will hit Lloyds investor accounts in a couple of days, much of it up for reinvestment. It's not surprising that press releases, by vested interests, are released slating Lloyds and hyping up other companies. I'm my opinion, it's just a cheap shot at nervous investors who might believe everything they read.
It will hang around down here and people will try to trade it I suppose. A low point will appear and a trading range and then one day we will open the curtains and the sun will be beating down about the time someone tells us we are not doing hard brexits. If they dont I wouldnt worry because there wont be any shares or money any more or cars or food or anything much and Mrs Newchurch will be seen as a hopeless overoptimist. That all won't happen though and it will poddle along and go back up eventually. But as you see I don't really know and dont buy many shares when I think I might. So try taking an average of what people say maybe. Im an optimist mostly.. it is a bank after all and if they cant work out how to.make money who can. Just a bit slow like you said.
How Lloyds (little exposure in Europe ) is always hammered ore than Barclays which has more exposure....Lloyds is a profit making bank and although Brexit may have some effect, the economy is even showing the opposite atm......What does Lloyds have to do to stabilise this sp ????
I would not be to overly concerned over the latest downgrade by Goldman Sachs to the big three UK Banks. Probably only a nervous over reaction by them to the Q3 American Banks Results due out later this week.
Could be a good opportunity for those Investors wishing to re invest their dividends this week if the Share Price remains flat.
Newchurch, I don't consider it blind faith. I truly believe that Lloyds is a good safe bet at the current price. What does amaze me is the amount of de-ramping, currently targeting Lloyds, in the press. My opinion, for what it's worth, is that anyone who gives free financial advice is clearly lying, or already made a position. I watched the Big Short recently and it nicely showed the nature of the game. There's only so much that can happen to Lloyds share price and if it drops too much, then Lloyds will just announce a buy back program. Lloyds has a strong capital position, strong mortgage book and is the UK's main bank. I've seen various articles listing the threats to Lloyds, like threats from upstarts, etc, but I just see a strong bank who can compete at all levels.
yep you're right. I've been in bed myself the last few days nursing a chest infection and reading up on a few different message boards. I joined LSE last night. Must have been the other one I joined a few days ago.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.