New to this share but fresh from a mauling on the AIM market. now that is legalised robbery! Not sure if it was a good idea to invest in this one. Trying to un scrabble the comments on this board but proving difficult. Will hold for a short time despite a small loss already.
Another completely uninspiring start to the trading day for LLOY.
At the risk of going against the grain of the euphoric optimism which permeates this board:-
(1) A dividend of 1.0p to1.5p for 2014 payable in2015 is already factored in to the current share price.
(2) A dividend of 3.0p to 3.5p for 2015 payable in 2016 is also factored into the share price.
(3) The Chief Financial Officer's continuing inability to correctly assess the contingent PPI liability continues to be a concern and a drag on the share price.
(4) The institutions are holding on for the next discounted share sale by HMG.
Antonio has succeeded in his mission to create a boring bank (with a boring share price).
Like many long term LLOY investors I have been looking back to the glory days of this bank and I have fooled myself into believing that the good times will return albeit in a diluted form.
The only chance of a substantial increase in the share price is George Culmer saying in October that there is no longer a requirement to increase the PPI reserve and to announce a 2014 dividend of 2.0p per share.
............... and pigs may fly!
For me have to decide merely on which ship to jump.
Senior MP hits out at regulators over HBOS report: The U.K.’s financial watchdogs have been criticised after they secured the right to see early versions of a sensitive review into decisions that regulators made following the collapse of the banking group HBOS.
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