This share would start to rise now, if HMG didn't have about 24b left to sell. Also LLOY has to get rid of TSB, and they may have to sell at below the previous level of 260. The election is coming up, and it is on a knife edge. The sp was buoyed in the last few weeks, because people were buying, close to the results, but without this, MS will be selling, so I think it will go down. HMG will have to sell about 24B at a discount to somebody, then that discounted price will become the sp. So, 74-79 will be the range over the next 3 or 4 months at least.
Quite right, it is good news esp Long term holders. I must admit I got over excited about what the SP would do once Divi was announced this morning and the fact it's stayed flat was anti climax but always go back to fundamentals when in doubt and that is that the Govn are still embroiled with almost a quarter of all the shares which means they still weild influence and are a hefty anchor on the potential (& IMHO inevitable) rise of this śhare. So lots of opportunities for those risky day traders but I'm marking time on these for the long run and having fun on Oil ((PMO) in the meantime. GLA .
Not a lot has changed since yesterday.A token dividend announced,will the Pension Funds be clamouring to get on board ??.P.P.I. like a plague that Lloyds seem unable to quantify or manage.Morgan Stanley controlling the share price.Share price stuck in the mud.Looks like we, long suffering holders are in for a L O N G ride.Cheerier well done to Walkersworld nice to hear of success for an ''AMATEUR''
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