Evening. Complete and utter agreement with your statement. This SP is going nowhere for a long time yet. I can recall posters on this board declaring that the SP would hit £1.00 by Xmas - er, that Xmas was 2013. Then the wise sages on this board were avering the same for Xmas 2014 - yeah, right. This is a disastrous holding for the majority of holders. Posters on this board do not represent anywhere near the majority. That said, GL to all.
Harry65, The a similar item was posted by Westh1 22/07/15 00:19 - Well done Westh1. Maybe if you post during sociable hours then posters may read it??? LOL Et Al, Are MS restricted to sell no more than 1% in notifiable blocks or is it possible they are selling maybe 2% ahead of the Interim? GLA
Not sure it's in the interests of GO to let the share price rise too high until after the Sid sale. (can't see it getting beyond early 90's IMHO). It would reverse any political gain from offering a Sid sale if the share price were to fall below the offer price especially within the period retail investors will be required to hold the shares in order to qualify for the bonus 5% (>12mts??). Also given the MS sales are going so well I'd expect the Sid sale to be late this year. Assuming it is, with the yearend results next February any Sid buyers will be in for a nice boost and most grateful to GO.
Aye :) Bruich and Petanque don't forget the market has taken a hammering on the back of " interest rate" armageddon spouted by the financial media both sides of the Pond. Our comical FTSE index has come off 7% of its highs as the hysteria continues unabated. Cynically you might think that with the lunatics in charge of the asylum in most trading houses and the good and the great heading to the Quinta or Rock in Cornwall , some will try to ensure that there old adage of "sell in May"hassle relevance. Liquidity is low this time of year so markets are more volatile and susceptible to the rumour mongers. Lets hope AHO has some ammo up his sleeve to BBQ a few shorties.
Any one spot this? Very interesting: Hedge fund Toscafund said it expected Lloyds over time to contribute about 5 percent of the FTSE 100's dividend yield, making it one of the biggest dividend payers in the blue chip index. Toscafund also expected the bank to distribute 16 pence a share of surplus capital to shareholders, equivalent to about 20 percent of its market value, according to a report to clients seen by Reuters. Lloyds' market value is currently about 63 billion pounds, according to Thomson Reuters data. The full research note is at http://uk.reuters.com/article/2015/07/21/uk-lloyds-dividend-idUKKCN0PV1EO20150721
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