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The UK is emerging from the worst plague the world has ever seen, plus the biggest war in Europe since WW2, plus a war in the near-Europe Med sea, plus war-and-pandemic-driven hyperinflation, plus the relentless march of Marxism thru British institutions, not to mention the quiet Maoist revolution taking place throughout the NHS.
And yet, despite the most turbulent decade since WW2, the UK still has the fastest growth in all of the G7 major nations, the 2nd-lowest state debt among all the G7, much lower unemployment than the EU, exports have soared to become the world's 4th largest exporter, everyone who wants one in the UK has a job, and wages are rocketing at their fastest rate this century.
The UK is in surprisingly very good shape.
Rishi has done a poor job of getting that message out.
Started this fantasy portfolio in 2016 to challenge various poster's perception that lloy is 'the worst share ever', 'better else where' or a 'dire share' - On 8th oct 2016 i invited wl/newchurch to choose an alternative ftse100 company, so i could run a comparison - since 2016 others have been added
~~~ on 8th oct 2016 - - 1000 quid bought 206 bp. shares & 1905 lloy shares
today's value, bp. 206@460 =£948 v lloy 1905@54.2 =£1044
~~~ in April 2017 invest4life suggested i add glencore - - on 22-4-17 - 1000 quid bought 335 glen shares & 1553 lloy shares
today's value, glen 335@455 =£1524 v lloy 1553@54.2 =£851
~~~ in July 2017 nucky suggested i add rbs/natwest - - on 12-7-17 1000 quid bought 384 nwg & 1512 lloy
today's value, nwg 384@307 =£1179 v lloy 1512@54.2 =£829
~~~ in july 2017 utrickytrees asked that i add barc - - on 30-7-17 1000 quid bought 479 barc & 1504 lloy
today's value barc 479@202 =£968 v lloy 1504@54.2 = £824
~~~ in sept 2018 motley fool recommended diageo over lloyds - - on 9-9-18 1000 quid bought 37.3 dge & 1704 lloy
today's value, dge 37.3@2579 =£962 v lloy 1704@54.2 =£934
~~~ in april 2020 theosus asked that i add circassia - - on 14-4-20 £1000 bought 3891 cir/niox & 3058 lloy
today's value, niox 3891@68 =£2644 v lloy 3058@54.2 =£1676
~~~ in april 2020 theboard asked that i add rollsroyce - - on 25-4-20 £1000 bought 322 rr. (post 10for3ri 1073) & 3367 lloy
today's value, rr. 1073@457 =£4904 v lloy 3367@54.2 =£1845
~~~ this week's observation - Bank slip a little, russia/ukraine/israel/hamas hostilities rattle on - cost of living continues to bite, strikes strike strikes, GE 4th July, more Political TV debates, Football, Bates Knighted, Trooping the Colours
A very basic comparison that does not include divi yield, imo those still suggesting lloy is 'the worst share ever' or a 'dire share' should maybe consider premium bonds?
Gap watch
Gap watch Lloy - Current SP - 54p
3rd-7th May 24 - 52.9p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
~~~~~~~
Gap watch Barc - Current SP - 202p
2nd-3rd Nov 23 - 133.4p
19th-20th Feb 24 - 150.46p
20th-21st Mar 24 - 175.98p
17th-18th April 24 - 181.1p
19th-22nd April 24 - 185.9p
22nd-23rd April 24 - 190.04p
24th-25th April 24 - 193.44p
3rd-7th May 24 - 203.4p - Closed
11th-12th Aug 15 - 278p
~~~~~~~
Gap watch NWG - Current SP - 307p
2nd-3rd Nov 23 - 182.35p
20th-21st Mar 24 - 246.6p
21st-22nd Mar 24 - 253.8p
27th-28th Mar 24 - 263.1p
19th-22nd April 24 - 277.2p
25th-26th April 24 - 290.8p
24th-28th May 24 - 307.8p - Closed
23rd-24th Feb 11 - 471p
11th-12th Dec 08 - 648p
Based on LSE tech chart --- https://www.investopedia.com/articles/trading/05/playinggaps.asp --- https://allstarcharts.com/gaps-need-filled/
Agree stagecoach, and the tories are promising tax cuts. You really couldn't make it up!
This week's Buybacks -
Monday - 44,666,189
Tuesday - 53,356,677
Wednesday - 24,432,196
Thursday - 6,870,031
Friday - 37,896,644
Key dates over the coming weeks/months -
UK GE - 4th July
Lloy H1 results - 25th July
Lloy interim pay day - Sept?
Lloy Q3 - 23rd Oct
US election - 5th Nov
Mr Meerkats YE2024 comp. last trading day 2024
Labours Economic Collapse 2027/28?
Is there any truth in the rumour labour is resurrecting the burials tax,if the body plus coffin weigh over 7st the extra weight will be charged at one pound per pound,this should hit the fat cats they say talk about wanting there pound of flesh,have a great wk end.
StickyToffeePudd
Irrespective of whoever take the realms of power on July 5th, there will be no magic money tree this time round, voters must now face up to the reality of the UKs precarious public finances.
Morning Bros.
looking at the poor state of the country its a clear thing that the Tories have failed... Starmer is at least being the honest broker when he talk about tax rises but like the previous labour Govt no doubt he will do immense harm.. So where this leave us?
In the middle east Hezbollah increasing the stakes and Houthis still attacking ships on a daily basis causing a lot of issues. Looking like more and more countries looking to move away from the dollar.
In the meanwhile Uncle Sam he pumping oil like mad to drop the price, which will drop inflation. What OPEC do, we will see.
Well, this time it's down to the tories, eh?
"Nothing left but scaremongering"
Yup, that's exactly what the last outgoing labour government said "there's nothing left"
Nothing left but scaremongering hardup, eh?
Nothing left but scaremongering hardup, eh?
Labour are keeping their cards close to their chest. They have said what they will not do, re no increase in income tax, National Insurance or VAT. And they have said they will impose a windfall tax on the energy companies. I guess we will have to wait for the Autumn Budget and see if Rachel Reeves has a Pandoras box full of surprises. Possible taxation of share buybacks? They do this in the US at a rate of 1%. Biden had made some noise last year about increasing that to 4% but there was a lot of opposition to that so it is still currently 1%. I think higher rate tax relief on pension contributions will be scrapped and a flat rate of tax relief on pension contributions for all introduced, maybe set at a higher level than the current basic 20% level?
Weekend tracker homework. Stay positive it's good for the old ticker. Have a great one.
https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2
Good to see a positive close 👌 👍 shareprice should of been a lot higher by the end of the trading day but it has been a tricky day infact its been a bit of a tricky week with all the doomsday posters paying particular attention to anything thats negative to get publicity... Well the shareprice is very cheap at current levels now and not many stocks out there that you can make a good return on.. And with fundamentals improving in the G7 and around the world the markets know Lloyds is cheap..
Never mind all this political nonsense it's been going on before you and I was born trust me you can look back as far as your mind can take you and it's alway been the same. And we have bb and social media to make some of us more informed of more rubbish... No WW3, No smoke or nuke bombs over the weekend, just simply eat and f@rt that's what all the leaders and everyone else is gona do over the weekend and the next few decades if they live that long.. Simple Simple simple
Now it's Friday and I'm gona grab some food and drinks and enjoy the weekend 😎
IT'S CALLED "INFLATION" IT'S DOWN FROM DOUBLE FIGURES DOWN TO NEAR 2% CHECK THE CPI FIGURES AND WITH THAT , THE CENTRAL BANKS BASE RATES WILL CHANGE WHICH WILL BENIFIT BUSINESS AND HOME OWNERS.. Canada & EU rates have just come down. So you can see things are now beginning to improve will see what the next few Central bankers meeting come up with it's only a matter of time now...
SIMPLE FUNDAMENTALS WATSON
We all know the answer.
"I also see only a handful of posters left on bb as most of the Investors have had enough of the rubbish negative comments on here".
Left it until market closed so the babies don't cry about me trying to influence something that can't be influenced.
Have a good weekend all.
Better to be out than in over the weekend period.
"No WW3, No smoke or nuke bombs"
I'm glad your confident because I've not seen sight nor sound of the Royals lately and those billionaire built bunkers in the US must be full, because they're not knocking around over there either.
I wonder if back in the day someone said Hitlers not going to happen to the UK. Nothing to worry about carry on and keep calm. Here I am while waving my little piece of paper (probably a stock chitty) at you giving you a false sense of reassurance.
"Never mind all this political nonsense it's been going on before you and I was born trust me you can look back as far as your mind can take you and it's alway been the same".
Agreed markets collapsing during times of war. In chines a new game to play. What was it last time? Oh I remember the gold standard being swapped to the petro dollar. I'm thinking perhaps the REM Euro is on the way. (Rare Earth Material just in case your wondering)
"around the world the markets know Lloyds is cheap.."
Well it seems to me they want them cheaper otherwise they would of snapped them up by now.
Only 30 years to complete the 63 billion share buyback program.
"fundamentals improving in the G7"
What "fundamentals" would that be exactly? Debt to GDP? Employment Numbers? Productivity levels perhaps? OR none of the above but some other analytics that can be skewed to form an argument.
Will they or won't they??
"not many stocks out there that you can make a good return on".
So the doomsters are correct in thinking the market is over inflated?
After 77 trading days, buyback complete to date:
Total shares to date....................................................1,666,390,599
Aggregate cost to date... ............................................ £860,911,034.73
Average price paid to date..........................................51.6632p
Percentage of £2 billion buyback completed............43.05%