Because discussing the truth, chewing over the data, looking at both the pro's and the con's is a little bit more useful, than wandering around with your fingers in your ear singing the I love this share song?
Fact is, the results were not as good as people thought they were and a lot of the profits came from unsustainable sources. The dividend was lower than expected.
I'm still here, I'm not selling, but I'm certainly not buying either. We are pretty much in the same position as we thought we was yesterday, some good news (the dividend) and some not so good news. As the price reflects.
The government needs to sell their shares before we make serious movement. Lets hope this dividend helps that
Very active board with very interesting posts, thanks. I believe the HMG is doing the right thing by drip feeding to offload their massive holding. This should have happened from the start. The discount sale of large lots did damage the stability of this share. Now that the Dividend has started flowing, one can hope that Institutional investors will start buying Lloy without fearing the risk of share price falling by 5 -10 percent overnight from discount sale. Hope the HMG will stick with Drip feeding policy until their balance hits Zero.Thank you Mr Osborne GLA
Hi - in the results they say will be going back to paying an interim and a final divi from now on in, so should be twice per year with the final being the greater payment GLA long term holders - this is the start of a long term return
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.
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