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JP Morgan reported stronger than expected earnings yesterday but there shares fell 2.5% yesterday on the results and have fallen 0.6% so far today?
HSBC and NatWest poised to hike mortgage rates for the equity-rich
https://www.thisismoney.co.uk/money/mortgageshome/article-10088773/Lowest-rate-mortgage-deals-HSBC-NatWest-ups-rates.html
Brixton,
You were early on parade this morning; showing your age having to get up for a p!ss at 3 in the morning LOL
"The consensus here seems to be for a base rate rise next month/this year followed by another uptick during the first 3 months next year."
Personally, I think we will see a base rate rise in 2022, but I doubt it will be significant. The economic impact of riing interest rates would be a nightmare for mortgage holders, and so the ever important house price bubble. Possibly wrong, but I am a massive cynic in that matter.
th
''2B buyback would equate to 2.81% of all shares in circulation?''
A spend amount on a tranche of buybacks is the norm.
£1 Billion buyback would be about the amount required to buy back the amount/percentage you specified.
Thanks Falky
DC has stated he has loses ,but we all have them at one point ,we are all human and make mistakes ,learning from them is key
Love & Light
Chips
64p end of year
US stocks are expected to open higher after JP Morgan kicked of the US earnings season with stronger-than-expected quarterly results
Thanks Azz for your input on here lovely and good luck with your charity work.
Gold has woken up nearly $1800 should be $3000 but that will arrive within 2 years .
DC should give some money to charity if Azz stays off here until end of December for all the personnel attacking he has done !
Love & Light
Chips
64p end of year
DOW futures currently up +230 pts so could tickle 49p this afternoon; subject to DOW not throwing a wobbler before 16:30!
The consensus here seems to be for a base rate rise next month/this year followed by another uptick during the first 3 months next year.
It's just a matter of which news source you read.
People always have a pop at the Motley whenever someone mentions them but other financial reporting outlets are no better, they just seem to have more kudos.
Financial journalist are just making a living whoever they write for.
FOR.
The BoE, facing a rise in inflation, looks set to be the first major central bank to raise interest rates since the beginning of the pandemic.
The pound jumped against the dollar on Monday after BoE governor Andrew Bailey stressed the need to prevent inflation from becoming permanently embedded, and fellow policymaker Michael Saunders said households must brace for "significantly earlier" interest rate rises.
AGAINST.
The Bank of England should not raise interest rates to tackle a surge in inflation caused by higher prices for energy and semi-conductors if it thinks these effects will be short-lived, BoE policymaker Silvana Tenreyro said.
Investors currently expect the BoE to raise interest rates from their current 0.1% before the end of the year, but last month's BoE policy minutes showed officials were split over whether certain pre-conditions for a rate rise had been met.
A reported slowdown of the August GDP data released on Wednesday showed Britain's economy is on course to grow by less in the third quarter than the BoE had forecast.
Who knows? Not even Andrew Bailey, although he probably has a bit more sway, it's all waffle until they vote.
I wish all on here the best even those that are at a lost on their holdings
this forum is about opinions and PPL should not trade on these views IMHO DYOR.
I have posted my views and I am signing off until end of December .
So we shall see where Lloyds Banking Group Share Price is then.
GLA
Azzurri
68p end of year IMHO DYOR.
Why bother in the first place
I thinks Lloyds banking group is worth more than 68p but I am hoping for 68p end of this year ,
So 68p will arrive late this year and by Easter I expect Lloyds to be into the 70,s
there is not race for me ,I am in for medium term with average of 19p
I was lucky to get bargain share prices last year and average down
Azzurri
68p end of year
Or why not round it up to 70p
The analysts latest consensus figures for Lloyds show a total ordinary dividend for 2021 of 1.99p plus an excess capital distribution of £935m.
https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2021/q3/2021-lbg-q3-consensus.pdf
th
''2B buyback would equate to 2.81% of all shares in circulation?''
oh dear - depends on the price paid of course, but would be about 6% at the current price.
The bet was increased to twenty pounds about 4 weeks ago
Why 68p azzurri? Why not 67 or the ever more exciting 69?
Twenty pounds it won't reach 60p 2021 falky
How nice
2B buyback would equate to 2.81% of all shares in circulation?
This is the last call the train is departing the 40,s will soon be behind us and the roaring 50,s will be here .IMHO DYOR
Don't think we will see the afternoon tea shake today All IMHO DYOR.
DC will be biting his nails as loosing his lunch allowance gambling with Falky is a big issue.
Still its going to charity which is a good thing
Azzurri
68p end of year if not sooner All IMHO DYOR
Who cares when the fact they mention it is proof enough. I'm sitting here in Brum thinking do I what higher divy or higher SP.
As sure eggs are eggs divy payments going to get hammered next April. So one would rather a higher SP however board do it.
Still millling over this one as most of my stocks are in recovery mode.
End of year is 31st December, but still takes time to digest and analyse the results hence Final Results only published 24th February.
I take that as the end of the Financial year
But
I will be open to any surprises , as we are holding excess Capital that is shareholders money.