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Timing is everything Prat.
And you screwed up selling out early.
Now your back begging for a re-entry against a tidal wave of buying and a break out in the sector and the SP.
Grow up and own your mistake
P Power
Give me your boots! - T2 and the new ISA trap for “investors”
"I'll BE BACK"
Kicking the MM's door down for a few more shares at 8am !!!!!
GLA
“If it bleeds, we can kill it.” – Predator
“Hasta la vista, baby!” – Terminator 2: Judgment Day
“Get to the chopper!” – Predator
“I let him go.” – After dropping a man off a cliff - Commando
“He had to split.” – After cutting Buzzsaw in half with his own chainsaw - The Running Man
“What a hothead!” – After blowing up Fireball with his own flamethrower tank - The Running Man
“What a pain in the neck.” – After strangling Sub-Zero with barbed wire - The Running Man
“Here’s your Sub-Zero… now plain zero.” – See above
“Stick around.” – After pinning a man to a tree with a knife - Predator
“Knock-knock.” – After smashing a door down - Predator
“Come with me if you want to live.” – Terminator 2: Judgment Day
“I'm not into politics, I'm into survival.” – The Running Man
“What is best in life? To crush your enemies, see them driven before you, and to hear the lamentation of their women!” – Conan the Barbarian
“I eat Green Berets for breakfast. And right now, I'm very hungry!” – Commando
“You've just been erased.” – Eraser
“You're a funny guy Sully, I like you. That's why I'm going to kill you last.” – Commando
“I lied.” –
“I Have seen Lloyds go from 50p to over 90p very quick many years ago”
I have seen Lloyds go from over 300p to 27p very quickly many years ago. Timing is key here.
After 28 trading days, buyback complete to date:
Total shares to date....................................................593,628,849
Aggregate cost to date... ........................................... £291,315,533.37
Average price paid to date..........................................49.0737
Percentage of £2 billion buyback completed............14.57%
And for SUFC
The cancelled shares to date will save £10,922,770.82 from the Final Dividend payment which goes ex-div on 11th April.
Hardup
Correct. And you are different because? Like you daily, I was ramping Lloyds up before my sell out for a profit. Buy low, sell high.
Then when this little present day ISA ramp trap has it’s little moment, where investors will now “buy high” for their new April ISA.
Like Arnold Schwartzenegger would say, I’ll be back in the 40’s,
Unless you are here for the great conversation hardup?
That’s the game we both play (:
Not Yet I have a firm 80p Price Target :)
I Have seen Lloyds go from 50p to over 90p very quick many years ago .
I prefer a slow rise
Also have 100p sell limit on to Stop my Shares being Borrowed out to Short our Shares
TBH Lloyds Banking Group should be 64p today ,which is the Pre Covid Price ,
I would say fair price , with 80p end of year finish .
If Lloyds maintains momentum there could be higher finish ,but there is alot going on right now IMHO DYOR.
Love & Light
Chips
80p end of year
LBP today.
"Great pre ISA ramp here. I will await the post ramp inevitable fall before getting back in the 40’s again."
LBP 13th March 2024
"Massive faulty thinking by all sellers and unfortunately you'll seriously regret your epic mistake. This will be £5 again and $10 in the US when they wake up to the fact that Lloyds are easily a plus ten bagger at this bank robbing low level.
Huge mistake today to all sellers! Quit all of your faulty thinking, buy back your Lloyds shares asap, before £5 happens right under your noses."
🤣🤣🤣🤣🤣🤣
Another musical interlude
https://www.youtube.com/watch?v=JW-0kbIcf1E
Nice legs!
Rising SP into close near the high of the day.
Another bullish signal.
Chart is looking like a pure thing of beauty now.
https://www.tradingview.com/chart/?symbol=LSE%3ALLOY&aff_id=4009
Both technicals and fundamentals looking great here.
GLALTH
Race to the top, lovely jubbly!
Timely reminder !
Even the naysayers aren't ruling out seeing £1 share price at some stage
https://www.fool.co.uk/2024/04/04/which-will-reach-1-first-the-vodafone-or-lloyds-share-price/
"using most common valuation metrics, it still appears undervalued."
"Its price-to-book (PTB) ratio is 0.82, which means its market cap is less than the value of all its assets less liabilities. And as the chart below shows, it was much higher before the pandemic. Based on its 31 December 2023 balance sheet, a PTB ratio of one suggests the bank’s shares should be worth 44% more."
They say £1 might be a stretch, but as demonstrated vs US banking peer P/E ration comparisons a SP in excess of £1.10+ would not fall outside of the sector 'fair valuation' metrics.
One thing they are all agreed upon is that this is VERY UNDERVALUED at present.
GLA
Sure, the moon is where rampers live, great job, but I’ll wait for the inevitable post ramp 40’s.
What about a pound by then
Its 1630 on the Moon
and Lloyds Banking Group is 54p
Love & Light
Chips
80p end of year
Lea
''but this time they will struggle to buy the shares at a discount.''
net assets £47 Billion
current market cap £34 Billion
I followed somebody’s advice last week to filter off all who put up nonsense post and bicker between themselves
I have and a completely different experience on here
for the better
Europe banking sector is on the rise to a fair value.
They were trading at too much discount to book
value which is seeing course correction.
It’s just the beginning, lot more to come.
""The market has started to smell the coffee""
market smells of something..,but it's not coffee.
DYOR
Fifty frigging Four !!! - well that's not helping the buyback program, is it !!!
“We continue to believe that UK incumbent banking is in long-term structural decline from new entrants with better cost and higher customer satisfaction,” KBW added.
“But, it is clear that 2024 is set to be a cleaner year than we have seen for some time.”
Lloyds was upgraded to an ‘outperform’ rating as a result, with KBW hiking its share price target from 55p to 60p.
https://www.proactiveinvestors.co.uk/companies/news/1044607/lloyds-upgraded-as-optimism-builds-for-second-half-of-year-analysts-1044607.html
“this time they will struggle to buy the shares at a discount.”
Famous words from the pre 2008 crash. Great attitude though.
I’ll still wait for 40’s to return.
As I wrote upon the announcement of this round of buybacks, Lloy shares are now in stickier hands. All opinion of course but this time they will struggle to buy the shares at a discount.
Confidence in the UK banking sector has returned and the increase in institutional buying and the buyback scheme is only going to send the sp one way.
Unless something unforeseen in the wider markets occur then we are in for a very rewarding year.
No apologies for my post being bullish but that’s my take on the current share price movement.
Let you guys get back to discussing immigration, brexit and landlords. ;)