The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Raise interest rates and this stock will hit the roof. They said get PPI sorted and this stock will fly. They said reduce the amount of shares and we'll go to the moon. I said 23 to 30 is heading back before the years out. And that's me being optimistic. It's all just a belief system. Either you believe in b0010x5 or you believe in Bulls41t. The thing is you get to choose.
After 81 trading days, buyback complete to date:
Total shares to date....................................................3,022,474,454
Aggregate cost to date... ........................................... £1,417,777,953.11
Average price paid to date..........................................46.908p
Percentage of £2 billion buyback completed............70.89%
Is Lti Margaret Thatcher reincarnated.
Biden is anti British "English" the Frogs are 2 faced surrender monkeys, don't think they'd get get any change out of Lti .
Just saying
Another good day indeed. Landlord Lloyds getting a kick in the nuts.
More landlord nut kicking needed.
Totally agree with you
LTI, long term investor... A fine example of a trade that went wrong..
DYOR
"Well go post it on that board you plonker"
I really like how consistently you live up to your name. Try reading the post again.
Ramvo
You know if LBG shuts its doors and clsoes today, shareholders will still get more back than the current share price; even in a fire sales of assest.
F//k your four million hope it goes bankrupt would be happier at list i know like the titanic we all gone down s//t s//t s//t 42 my a//s
The likes of Aldermore are specilaist lenders and have 9% mortgages for a reason. These specialist lenders have their place (I have used them to secure a BTL mortgae on an a ex social housing flat in a block, in London, with a great HMO rental to more than cover the repayments. I have more overseas demand than rooms to let, with a full third party rental guarantee). But anyone using these Specilaist lenders needs to know what they are doing and/or buying, and they are not lenders that compete with the likes of Lloyds.
We have to compare Apples with Apples.
"A number of stocks UP
Possible good buying opportunities for investors.
UBS driver continuing purchasing on behalf of shareholders at a great price level.
4 Billion 99.9% certain
4.1 Billion 99% certain"
Well go post it on that board you plonker.
WILL THERE EVER BE A GOOD DAY FOR LLOYDS????
It does nothing for investor confidence when even Lloyds dont buy their own shares back despite announcing the Buy Back.
THE BUY BACK IS A DISGRACE. CAN SOMEONE WAKE THE GUY UP WHO IS SUPPOSED TO BE BUYING FFS
Hmm you ever think why they are delaying buying back the BLACK DONKEY.
Cause they know its going down further.
JUST WHEN YOU THINK LLODS CANT DISAPPOINT MORE THEY LOWER THE BAR EVEN MORE.
No strategy to make money and the big investors know it.
OH THEY OPEN UP A TECH HUB ERRRRRRRRRRRRRRRRRRRRRRRRRR WITH OUR MONEY - WTF
How does that bring money in ???????? What an embarrassment.
No doubt MR SHORT TERM INVESTOR AKA LTI WOULD HAVE SOLD AT THE HIGH LOL LOL and now averaging 3p
A number of stocks UP
Possible good buying opportunities for investors.
UBS driver continuing purchasing on behalf of shareholders at a great price level.
4 Billion 99.9% certain
4.1 Billion 99% certain
Sold Virgin Money last week thank god for that down 8% ish .
HU
'' has to twist and spin the narrative and start a pointless argument ''
you are getting more and more crazy after each occasion.
NOTHING twisted and spun.
WHO STARED THE POINTLESS ARGUMENT? AGAIN?
HU
'' "Had to, being in the ERM."
The UK was not signed up to the ERM in 1982''
THAT IS WHAT STARTING A POINTLESS ARGUMENT LOOKS LIKE.
WHICH POSTER ON HERE SAID THAT THE UK WAS IN THE ERM IN 1982?
Lti
The pettiness is you who has to twist and spin the narrative and start a pointless argument because your ego has been dented rather than simply accept you made a mistake and say nothing. Man up ffs.....take it on the chin.
🤣🤣🤣🤣🤣🤣🤣🤣🤣
Thanks gazzleberry, if nothing else you SNP supporters are certainly known for your sensitivity and empathy
HU
''No, it was obvious that you had not noticed his typo, as evidenced by your post, which I why I corrected you.''
Are you ever going to give up with your DESPERATION which is getting more and more palpable .
No evidence - I copied and pasted his post.
My reply was in response to him mentioning when NL pushed up the rates, which was at the time of crashing out of the ERM, and was a reference to that , NOT the year 1982.
Unlike you I had no need to correct a number 8 to a number 9 out a pure pettiness, as IT WAS NOT RELEVANT to the experience of 'Corn' and he did not mention the erm
I do not need you to correct a year that 'corn' had posted but erm not mentioned . Did you not know that I worked at HSBC? -I know when we were in the ERM ffs.
Your pettiness is endless
I think it is almost certain that we will have some kind of windfall tax it is a question of what the rate will be. Last year's profit was the same as the year before. I don't think there is any justification YET because we haven't had a windfall YET. I think there will be one & so long as the rate isn't nosebleed high it doesn't affect the investment case for Lloyds imho. Also if the share price goes up they won't take that as a windfall. I also think the board is politically savvy after what we have been through since the GFC
Already loads of 9% mortgage deals out there, from Aldermore and others. Only a matter of time before someone offers the first 10% mortgage deal and the newspaper headlines go wild.
LTI, congratulations you have filled your quota for today, keep this up and you'll soon be at 30k post....
In other news today the Titan sub had been found at Dover with 285 survivors..
DYOR
Ipf
''I think over leveraged borrowers are going to become Citra Living customers where they can clear their debts whilst renting a home they previously owned off LBG at approximately 40% of salary.''
This is what you call overthinking and getting ahead of yourself. It is the sort of thinking that the market may get the jitters about.
The bank would have affordability checks in place . Yes extra money will have to be found when fixed rate mortgages come to an end, but there is a tight UK labour market where wages are increasing.
Lti
"'Corn' obviously made a typo - so a bit pointless with your correction to 92 when we knew he was talking about the ERM period"
No, it was obvious that you had not noticed his typo, as evidenced by your post, which I why I corrected you.
S1
'' BoE rates leap up toward the 6% level and some mortgage rates nudge 10%.''
base rates and mortgage rates are not directly connected.
The 2 year gilt rate little changed today
UK banks are on track to make £35 billion of pure net profit in 2023.
Slamming UK banks with a £20 billion windfall tax, and handing the free cash to people who can't control their mortgage spending, is barely a drop in the bucket to the likes of Lloyds, HSBC, etc.
That drumbeat for a windfall tax is only going to get louder as BoE rates leap up toward the 6% level and some mortgage rates nudge 10%.