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Brixton,tin hats on for a bit of strategic news at the Mining conference next week ,funding by Lloyds for renewable energy ??,they in on decobinising plant at Grimsby I think ..
Yep
Lloy was +£ post RI & POO, late 2009...
DYOR
Indeed Brixton,hope you have aswell this week , Solomon Islands news soon !!:):)
Longtimeinvestor
30 Jan 2021 13:25
''I will be happy to see 50p by the end of this year.
A positive outcome with the vaccination programme and hopefully the resumption of dividends''
We have touched my target once already - hopefully with the Q3 announcement and expected future extra returns to shareholders that should be confirmed by the final results, the share price can maintain a level above 50p.
not a bad move Brix , profit is profit how ever you want to play it , i feel pretty safe here mind you the old Lloyds is making bundles .
You had a good day Bubble
I've done and doing the same . Am i calling it wrong ? Maybe . Profit is Profit.
jcb
''Didn't want to but sold a 5th of holding in case ''
I think you did want to, which is why you did so.
I sold some at 45.6p because I wanted to.
Nothing wrong with you selling 20% if in profit, even if you think you could get more in the future.
I will most likely make further small sales at higher levels, before in my view Lloyds gets to be fully valued by the market, purely to reduce my large holding and further reduce my average price.
falklandinvestor
US to lift travel ban 8 November
Didn't want to but sold a 5th of holding in case we get a pull back next week to cover my arse
Longtimeinvestor
Snap , actually what I was thinking.
Was going to post the same reply.
“Make hay while the sun is shining”
I too will be taking some profits, have you seen the weather forecast for next week? :). And that gap!
will be short lived. 50p mile stone sonn enough.
This is on a slow trajectory upwards, may be a few bumps on the way, but in reality it will only go one way over next 12 months.
UPWARDS
falky , won`t belong and break through the 50p then head towards 55 - 60p , as we speak Lloyds is making millions and has many millions in the bank
pet
''Well Lloyd's have been a basket case now for about 10 years. I bought in at £1 and still holding 100,000 shares''
It's been about 13 years since Lloyds was about 100p - pre rights issue - so you either took up the rights at 37p thereby reducing your average or you sold the rights and thereby reducing you overall capital outlay.
petere:-
i am in the same boat ,i bought roughly 10 years ago at 76p but with dividends and buying a few more i have lowered that to 70p and i bought over 3 times your holding , heres hoping things pick up
Your best bet is to wait till it has gone up substantially, then sell, and rebuy cheaper. Slowly by slowly you will lower your average share price.
I've been doing it through lockdown and have lowered by average share price by 12p so far, same cash, just more shares.
Well Lloyd's have been a basket case now for about 10 years. I bought in at £1 and still holding 100,000 shares. I will probably not be above ground when the do recover !
Hi Tally,
I don’t hold it for a set price like Falky does. I sell progressively as each position hits my mentally set profit target. Then as it retraces, I buy those positions back. Sometimes it doesn’t retrace enough to buy.....
Now down to 1.5 million shares. Currently banking around £3k a day as profits.
Make hay while the sun is shining.
Good luck everyone
My auto correct again....
Crown jewels ... I meant
:-)
Chips
I agreed
Funny enough when I started to oin this 10 months ago some people where telling me Lloyds and BP are not exciting !! And I always said they go slow but when the time comes they will catch up fast purely because of excellent fundamentals they had....and exactly what happen here including RR which together are one of my biggest hold after ATYM ( which is my crown jwelel )
I have collected divi on both and not sold a single share and just added on any weakness with the pure strategy of being a long termer.
Shorter moves means nothing to me...
I am after 70p (at least ) before I even revise my position here
As you said I truly believe we will get that by next March/April
GL
IMHO
We are leaving 2021 Lloyds just got back to pre Covid levels of 64p
Looking into 2022 we could be looking at 74p by Easter
Special dividend and buybacks to look forward to .
Love & Light
Chips
74p by Easter 2022
Took the plunge and bought 10k worth. 100 is my target
LFG