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Really hope it’s a up day tmrw. U never know with this beast.
Missed out on some many other shares since ploughed into this.
31p be nice this week
I will take that bet what odds are you giving me and what date
Lloyds could hit 60p in 12 to 18 months coming out this of pandemic Lloyds has the backing of the UK government.
Antonio got his eyes on Virgin Money buyout
2reincarnated, that will only happen on a large gap down on a 2nd wave and it would jump back very quickly. This will take the same pattern pretty much as the recession in 2008 and many of us back then made a lot on LLOY, RKH, NAU, ENC etc. Just take the opportunities where you see them. The big difference this time is the size of the tech companies being out of reach for most investors and oil isn't as attractive! More volatile this time round I think.
27p or 28p more like 17p or 18p
If anyone thinks the SP is going to hit 60p anyime soon, I would suggest they go and see a psychiatrist.
Sekiro, you probably will get a chance at 27/28 again, been so many opportunities already and until the fundamentals improve, the markets will remain volatile. The scale of bankruptcies etc. is all to come yet but right now the markets will just ride on positive news and disregard the dire situation as unchanged. At some point that has to be dealt with. Just take profit when you can and buy back lower when you can. The market is perfect right now for trading rather than buy and hold. At least sell tranches and buy back cheaper when you can. The only news that the market does seem to care about right now is when a vaccine will be ready, when lockdowns are eased, when flights will resume, when oil demand is increasing and whether or not Trump has a tantrum with China all of which can have a positive or adverse affect on the markets on any given day. So will we see 27/28 again, I'd bet on it.
Otto, I hope u don't mean resistance level.... I'm sure u don't.
SUFCESSEX
I got lucky almost invested last year but was made redundant so kept it all back , I have a job now :)
I could've done better sold too early at times but I profit is a profit just brought into BP again today let's see what happens there now
Gold luck this will be back again I'm sure may take time let's hope for 40p August time
Same here... Hoping to see the 60p mark soon enough hopefully...
Was hoping it would go back to 27/28p to add up but I missed the occasion... Will it go back there or not... That is the question.
Good Man Otto
I only need another 100% gain just to get my money back
Cricky when did it all go wrong here
It happened like a flash
One minute buying the rounds in the Pub . Nearly six months on I living on spam and chips as a treat :-)
Hopefully this is the new resistance level and we build on here , I'm up on all my shares now :)
I see those 1000's of mortgages holidays akin to granting 1000's of "new" small loans. It's likely too that banks switched existing loans into new gov backed guaranteed loans for businesses when they needed new funding. From a revenue point of view, I see this as a big positive. Not to mention maybe people on furlough where still being paid.
They question to ask everyday is "are things getting better or worse?" It would appear we're now in getting better territory. So i foresee upside now, at least this week.
This is from last week haven't see it posted before lloyds and banks are a buy
""The wrath of regulators is shifting away from banks. Big lenders spent the past decade atoning for the 2008 financial crisis.""
https://www.google.com/amp/s/uk.mobile.reuters.com/article/amp/idUKKBN22X1UM
looking good for 35p on friday
Richard, yes I remember that pain, I think my mortgage was 16%, had to take on a second job to keep afloat!
Walkersworld, people may well ignore the consequences of a payment break, but the pain once adjusted payments recommence may lead to some anguish and sleepless nights. The payment holiday rather sounds like the debt is wiped but nothing could be further than the truth. The one God send people have is the lowest interest rate they'll ever experience. I keep reflecting on the 15% I was once paying.
Buy, hold or sell?
WWDO = What Would Dominic Do?
lol
Richard, people taking mortgage breaks will spend the mortgage cash on holidays and cars, remember the days of remortgaging when it was common for people to do this?
I am curious how many companies with supply chains to China will review their operations as they begin to reopen. A lot of concerning news about but we can't keep living off mounting borrowings.
I was listening to the online AGM and noted how 90% of Lloyd's mortgage business have LTVs less than 80%. I wondered what the spread of LTVs were for those people who had taken payment breaks, plus indeed the additional breaks that some were asking for a further three months. A six month break on a repayment mortgage with ten years to run would have a rather large hike once contributions restarted.
Richard, this is very strange considering Lloys price is super sensitive to world news, I’d someone sneezes in Manchester it goes down a penny.
Just looked at my share dealing account, total carnage but on the bright side Halifax has a slot for trading in the early afternoon at a very cheap rate. I might save seven pounds or so! Lol
Seems as if we don't live and breathe Lloyds, we can't post on here. Bit like China?
I see the stasi are out in force this morning.
UK PLC Returning to work ;-)