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falk
"67, I think you could get better if your equity is more than 40%. "
Yes quite possibly. I couldn't find anything under 1.00% tho. This was 1.29 %, no valuation or product fee. 3/4 of my lloyds holding is in an ISA. I might sell in 5 years to reduce capital owing if no big disasters for them or me along the way. Thanks for your reply.
interstingly lloyds "searched fifty deals" and offered me 1.94%
Falky
My mate, how are you?
Spending in key areas as he has done so.. only helps strengthen and growing the economy (not over night but over years but that is a start )
I think market will love this budget after the analysis today... specially no tax on fuel
That has a positive effect down the chain to every business
When businesses are doing well economy will be doing well so people are better off (longer terms ) and BANKs will benefits ultimately on all these spending
But there is nothing to stop the interest rate rise (not just one but several as I said it well before any of these come to surface).
Good luck matey and keep the cool ....after all is only money lol
Earn some, lose some but the hopefully earning more than you lose..
I honesly don't care about the short terms move.. up or down I am not selling and only adding till I reach my target but I know for you and SB is different senrario but you are also more experienced with those tools and how to play them.
All the best
SR
67
Thanks mate
So like falky you are doing SB on this?
Only for very brave ones and I am in no rush soI go slowly but surely and I will get there ...
I spend hours and hours to analyse all the news today
I even love lloyds even more after adding everything together
I suggest watch Robert Peston tonight as much as I can't stand the guy tonight I forced myself .... what a interesting content
Everyone should watch... check the ITV player for the repeat. Keith Clark and Ed Ball was there and so as Sunak and shadow chancellor
To me without a doubt Sunak nailed it today what a genuines he is... and I listen to shadow Labour Chancellor ... truly clueless and I truly mean it. She had nothing to offer ZERO so the reason she will be sitting in opposite side for years to come...
Also to be clear I am not a Conservative supporter nor the Labour my party is Lib Dem but related to those times under Paddy leadership before all went wrong....
The conclusions again when adding everything together Sunak budget was designed for exactly interest rate rise and inflation and hamper those effects when they come so.....
interest rate keeps going up and up and up and he knows that and we all learn that soon too
What is that mean for Lloyds? Party times
Yes; you brave lucky spread bet player will make loads of money, if you time it right, and good luck with that why not....but not for me
Everybody here will make money if you control your figure and be paitient a bit longer for real rewards.... 75p above
All the best
Good night
IMHO
DYOR
SReady
"Interest rate will keep going up and up and up IMHO".
I think I agree with you there. I had a remortgage offer today at 1.2% over 5 years and figure its time to switch now. I hope your proved right about LLOY 75p. But I still intend to stay in at £400 per point for years, not months.
Best of luck.
I agree but was focussing on banks.
There are multiple drags on the economy it that’s for another place.
Card
'' An interest rate rise would do wonders for banks and I do wonder if Sunak has increased bank tax knowing that’s on the cards.''
Only a little increase for banks from 2023, but a large increase for other businesses where rate rises will not do wonders.
Stockready
I think the results will be good, the question is whether they will best market expectations. I am less convinced about US institutions as Lloyds differs from other UK banks as it hasn’t got an investment banking business. An interest rate rise would do wonders for banks and I do wonder if Sunak has increased bank tax knowing that’s on the cards.
I see lots of nice post and some speculations
The facts are the impacts of the speech today needed to be digested by the market and overal is very good news for banks.
Combination of interest rate rise and economy doing well (better than expected according to Sunak) is truly amazing news for LLOYDS
today close was because the news not digested yet and the positive impacts on banks will be realised tomorrow
I am expecting push beyond 50p
Some of the US fund managers are starting to buy into UK banks and we soon see the effects.
I believe results will be more than just good and expect divi rise and buy back
Overal excellent times to invest in Lloyds which I am heavily exposed together with RR and BP (still not even close to my 4 bagger ATYM which tipped to many and recently had another big push up)
I like to see 65p at least in Lloyds and I truly believe that would be achivable more than ever but my exit figure is 75p and I am in no rush whatsoever.. I say give it 8 months or less we will be there....
Interest rate will keep going up and up and up IMHO
GLA
DYOR
LTI - i think projection was peak towards the end of Q1 2022 and hopefully correction to target by year end, but no guarantees
I could do 2 years in the med but it's s toilet
youre prob right , as my daughter has just reminded me ,but i pointed out everybody today has that the ability to do that ,i dont recall being able to being selfemployed i was glad to get a loan full stop , but during the 80 s my payments went up 50% from £120 to £180 a month she just laughed
cook
most mortgage holders will not be affected until the end of fixed deal periods, which I am assuming the majority of people these days take out.
if anybody has taken out a mortgage out thinking the interest rates were going to stay low then they only have them selves to blame if they cant afford it if interest rate rise , those of us who went through maggies reign will remember ,but having said that i also got enough interest on my savings to take a family of four to the med for a fortnight all in holiday
key
mortgage providers have already raised some rates - still very low though.
The MPC will have to decide next week whether inflation will self correct down to near target
during 2022 or will need an additional nudge.
"Is your mortgage payment about to soar by a third?"
Rishi reminded BOE of their remit re inflation and post budget discussions on BBC touched on how BOE have the key levers to address inflation!
""Is your mortgage payment about to soar by a third?""
I'm mortgage free and heavily invested in Lloyds a rate rise will boost Lloyds profits and pay bigger dividends
Is your mortgage payment about to soar by a third? OBR warns interest rates could soar to 3.5 per cent as inflation may head to a three-decade high of 5.4 PER CENT next year - adding £300 a month to a £150,000 25-year mortgage. Daily Mail today!
Eighty eight you maybe right see you tomorrow
A broken clock is ways correct twice a day.
see the close over 50p..imho...could easily go through 51p sometime tomorrow..all in my vho....ps i have been wrong so many times...but also been right so many times lol.....gla
Tomorrow close guessing, 47.85,enjoy your evening,hope I'm way off of course prefer to see£1,dyor.
By end of December hopefully 59 pence.
3% rise . Just a wild guess.