Indeed it could go lower and risk v reward will ultimately say when this becomes a "buy" for some.....but I'm quite happy to wait with a few of these stashed away in the 60's, because the bank aint going bust anytime soon and when PPI/Brexit are behind us, which sure as eggs r eggs they will one day, the Black Horse will be worth much much more than 60 odd pence.
im just buying and holding. Govt (Barc) aint selling until its mid 70's.........however long it takes. Just squirrel them away at these prices and hold onto them. Yield from profit let alone future divi make em a wise choice for the canny investor wanting a decent yield from their money.
really? that is giving the Government a huge amount of credit as it suggests they actually understand why they are doing. Oh and btw Newchurch is on the Isle of Wight of course. Newchurch= Vectis=Wightlady lol I have let it go for a while but the endless domineering is hard to take early doors on a Monday
... think! China $99 bn sold to prop up currency, deflation looming and reading articles in the Telegraph and Guardian appears we are on the brink of a big recession! Interest rates appear to be going nowhere until mid 2018 and are likely to drop if things detoriate further, U.S. Jobs data wobbly. Reckon this share won't break through the £1 ceiling for another 2 years, great time for a top up and/or buying gold. There are so many cracks in the dam, Lloyds will remain in the 'Twilight Zone' for some time yet. We are really talking another 8-10 years I trckon before any signs of reasonable returns are evident, best to think of as a nest egg, at least it's not RBS, your well and truly gone before you see anything there! Have good Monday!
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