Yahoo that is right conservatively. They should make at least £6bn which puts them on 6.5x earnings. Which is ok for a bank. So they need to put this debacle behind them a get on with growing PBT as hard as they can. They definitely need another Sir on the board mind. They only have three.
Chairman will be still there next week and many moons after he go retire soon but not now ..... Aj ..... He stay ...... Make big pow wow this week with heap big money men ...... Smoke peace pipe and share will rise .......
Profits were 5.1 billion ....... Add 1..3 billion cost to transform and 400 million lost revenue from exiting low yielding business .....900 million to be saved on an ongoing basis as a result ....... Lovely jubbly .....dividends to be raised massive this year .... Lloyds is a horse yeh a one trick pony ..... With no div ....
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