Brilliant. Now we have one organisation invezz ..quoting another The Sundaty Times. I now see what JPTrader means when he said yesterday, I think, they publish this sort of information to generate traffic for themselves.
I didn't check the sp when I went out this morning and returned after the market closed. I think I'll give all this speculation a miss until Thursday am, plenty to keep myself occupied with in the meantime, then whatever is posted thereafter will be related to fact rather than speculation. I'm keeping in mind that �1.72 bn interim profit that was forecast in the Sunday Times then we'll see how close they were.
kosso thats exactly what i do buy and sell them. last sale was before brexit and bought back in after brexit. not had chance to sell them yet - had a sell on at just over 58p but never quite made it (its in a previous post on here)
Precisely Wenty and the list of concerns grows larger every month. The banking sector in my opinion does reflect the true state of each economy....which is worrying. But so many unknowns, as banks only declare what their accounting bodies deem necessary. Losses on non-performing loans are only disclosed when they are written off or sold. CDS's as you mention are another concern as counter parties can suddenly cease trading. Once trust is lost a massive credit crunch develops....it happens so quickly. As we have seen so many times before the humble investor is the last person to know. Still LLOYDS has massive capital buffers and an unlimited amount of QE BOE funds available which is of some comfort . All the investor has is hope. Cheers
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