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TFE
J46 had thoughts of a downturn well before 40,000.
I have posted the level of the Dow on occasions just for his benefit .
J46
18 Nov 2020 19:51
‘’With DOW ~30k it's not investing , it's gambling !’’
Some time ago I read that the DOW was good for 40,000 before any thoughts of a downturn or correction.
I know it's only a view but I thought at that time, by that yardstick the FTSE should be good for 35,000.
Hope it's correct.
closed at 36,157
In here and BP .... I meant
As I building a massive steaks in both
GL
Long I just released fraction of my profits from ATYM and ready with 80k to invest both in here and Lloyds
Still kept 70% of my holding in ATYM as they currently my 4 bagger star.
GL
Long
Could be and I personally don't mind as I will add huge amount ready
But remember while I agree gaps always get filled sometimes could 6 months to 12 months time frame
So to be honest as a long termer I don't mind to pick up more at 44p and it all balance on interest rate rise decision but I think either way we will not see 44p for sometimes to come unless covid hit back again or something massively go wrong
My eyes are set for 55p at the moment
60p before Christmas either way and I think we will get that or close enough
GL
IMHO
I am also waiting for the 44p gap no matter how long it takes. I would rather be in cash than be stuck at a high price wondering if i can ever break even. The DOW will correct once that 10 billion a month starts to be taken off the table.
s1
''next stop will be 55p''
Lets hope so - Falk is waiting for the 44p gap
s1
''That will give them massive edge going forward''
Superfluous 'going forward' another example of Americanism.
Lloyds financial exposure to the Carbon Industry is negligible, compared to Barclays Bank ( $6Bn Dollars ) who have financed more fossil fuel projects than any of the UKs largest banks including Global giant HSBC.
going ever higher - currently 36,120
thefarend
When you sell a share you are dealing with your own money, Directors are employees being well remunerated by the bank, when they mess up they leave with a pot of money if they do well they get a bigger pot of money.
Everyone has the right of course to leave their employers, but if you look at big business reward for failure can be in the long term bigger than a reward for success . Rather like football managers who get sacked a a big pay off and join the merry go round .. If they mess up with our money , like they did with the PPI scandal they don't lose money we do! they just move on.
Dow at all time high, OH FTSE no where near what a surprise,looking good for claw back tomorrow
This is yet another advantage if being in Lloyds compared to other UK banks
The core of their business is mortgage and loans to small businesses
They are not involved lending money to big corporations involving in undesirable non green activities.. like coal etc
That will give them massive edge going forward
With interest rate rising soon; this will rock and make loads and loads of profits for many months/ years to come
We have seen nothing yet IMHO
next stop will be 55p and then head towards 60p before Christmas comes
Truly very healthy balance sheet which is about to get even better
GLA
IMHO
was always going to happen ....by 15 billion a month to begin with....the dow seems to like it atm
to start winding back $120bn-a-month stimulus programme....
DYOR
Normal service has been resumed LOL; Barclays up +0.36%, Natwest up +0.49%, Lloyds down -1.39%. All waiting now for details of FED meeting, and BOE MPC rate setting meeting tomorrow. GLA
When you sell Lloyds shares, are you being loyal?
VB stop laughing
Is Credit Swiss German ??
Learn something every day
livestock.
So they will not finance any coal production , they do have a long winded way of saying one simple sentence.
So they will lose an income stream, no finance no interest payments .
So who is going to make up the short fall ?
An article in the Auto trader, says an Electric vehicle will have to do anything from 80,000 km to 700.000 km to reach its total zero footprint. For the vehicle to be carbon zero, every aspect of its creation and its power supply would need to be net zero. The best countries at the moment for reaching this are Norway & Sweden with their hydro power and France with its nuclear power! Fossil fuels are going not going to disappear anytime soon.
cookcoo12620
Your correct loyalty does not exist into days business, why the board members of most companies just go through revolving doors . The top man at LLoyds flew the nest to a German bank and was replaced by another nest flyer. Soon the new man will be off .
avocet123
"so what if we don't get a divi and Lloyds just continue to hoard the cash? Cash is an asset. If it increases, so does the underlying value of Lloyds. SP goes up."
And with all that cash sitting on the balance sheet, Lloyds maybe becomes an attractive target for the vultures for a take over? Lovely jubbly!
So what if we don't get a divi and Lloyd's just continue to hoard the cash?
Cash is an asset. If it increases, so does the underlying value of Lloyd's. Sp goes up.
shareholders are being shafted right across the ftse , loyalty for long term holders is nil ,as with this and lots of other comp who cancelled divi and stock piled the dosh are now making profits again and are now worried about about the image if they reward the shareholders when others are facing rising prices ,if this continues investment will fall and even daytraders will have doubt and that is no good for anyone. i doubt we see a special divi ,next ex divi listed is 2022 keep safe all