Prove you understand your risks or hold more capital, banks told: Banks have to beef up their risk management controls or face the expensive consequences of building up bigger capital buffers, the Bank of England said, in the latest drive to make banks more stable.
Bit dissapointed with the Share Price rise today with the FSTE being up 75pts however i am still confident Lloyds will make the 87P-89P mark sometime before the close of trading on friday the City will have been probably been mulling over the Barclays numbers with (extra due diligence) today expect their attention to turn to Lloyds tomorrow and hopefully start to mark them up before the results are published. I will keep to my original forecast of a 2015 trading range of 84P- 88P and a full year dividend of 1.5 P that i stated on the chat board 15 months ago.
Just my opinion: Contrary to popular opinion I think <0.75p, possibly 0.5p-0.6p. Why? Expecting good results but HMG/LBG suppress value post 31st July, MS continue 1% per 3-4 weeks, 5% sale to institutions and then 5% sale to SID. Early 2016 the game has changed, good divi's and a possible special divi.
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