Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Some independent inflation trackers placed UK general inflation as high as 20-25% in 2023. That was 2-3 times higher than the official govt inflation stats of 5-15% at the time.
Broadly speaking, the daily cost of everyday living has shot up about +100% in the past 3-5 years. It's been a phenomenal period of price adjustment.
Jcb
''Back to 51p for the Donkey, this has got more chance of going to 30p then 60p''
You would make a lousy odds compiler for a betting firm
the usual ****** on interest rates
back then were all other prices so high? of course not
as for greed. so many 2 faced.
I disagree Interest rate at 5.25% is not high look over history on interest rates over the last 100 years
Aldo It gives savers a bit of interest income ( yes people who actually save money ;-) )
I agree it helps greedy banks ( Happy days for their owners AKA Shareholders )
Failure to cut interest rates = greedy banks... people are suffering
and world gov experiement zone... poor old scotland good old JK has to stand up...
better do something before its too late
Reuters
Sterling ticks up as UK manufacturing recovers
Harry Robertson
Tue, April 2, 2024 at 11:19 AM GMT+1
By Harry Robertson
LONDON, April 2 (Reuters) - The pound rose on Tuesday after data showed Britain's manufacturing sector expanded in March and mortgage approvals rose in February.
Sterling was last up 0.14% at $1.2566, after falling 0.58% on Monday as the dollar rose on the back of strong U.S. economic data. The euro was down 0.18% against the pound at 85.47 pence.
Survey data out on Tuesday showed that British manufacturers reported their first overall growth in activity in 20 months in March thanks to recovering domestic demand.
Separate figures showed that UK banks approved the highest number of mortgages in February since September 2022, when new lending slumped due to bond market turmoil caused by Liz Truss' premiership.
The UK population are being kidded on the real level of inflation - shop price inflation 1.3%.
Just renewed car insurance, increased by 54.6% - following no accidents or any other changes to the policy - this after shopping around and changing policy provider.
Brent Oil approaching $90 - pump prices creeping up
FT report today House Insurance cost to rise 40%/60% - reasons given flooding/fires/climate
Council taxes all rising 5% and is some areas more.
Good for LLOY as BOE will probably be forced to follow the US and delay any interest rate cut until June or later.
Brixton
Don't have many Metro shares lucky to have offloaded above £1 what a Downfall from £60
Love & Light
Chips
Silver Dollar stacking is my passion . I have so many you will need a crane to steal them . But great as an alternative investment & i have seen my investment grow continously in the last 10 years. Many of my silver coins are worth more than standard silver price so it gives me an interest in coin collecting as well. God I am a nerd !
Lloy to hold 52 today please.
Of the Top 10 US based peer banks all are presently valued with P/E ratios between a P/E of 12.5 to a P/E of 18 with the mid point P/E of 15.25.
Lloyds is presently trading with a P/E 6.93 allowing plenty of room for the share price to put on some significant weight before it could be considered to be priced 'fairly' vs its US based counterparts.
The UK banking sector is long overdue what could be a major correction to the upside and should Lloyds SP continue the upwards momentum that has recently been seen to move toward a P/E ratio of even the most Conservatively priced US counterparts the shares would then be trading around 110p.
Even at that price, when benchmarked against its US based peers, it would still be difficult to argue that it would be overpriced at those levels.
Jefferies raises Barclays price target to 330 (220) pence - 'buy'
You forgot to put the end of an article, he finished with these words.
“Weighing everything up here, Lloyds shares aren’t a buy for me right now.”
Back to 51p for the Donkey, this has got more chance of going to 30p then 60p
"But we know that already, which is why we are invested here...!"
Yeah right!!!!!!! 🤥🤥🤥🤥
Https://www.fool.co.uk/2024/04/02/yielding-6-1-could-lloyds-shares-be-a-great-buy-for-my-isa-in-2024/
Lloyds (LSE: LLOY) shares sport an attractive dividend yield right now.
But we know that already, which is why we are invested here...!
Manufacturing output and new orders return to growth in March as domestic demand strengthens
Manufacturing PMI at 50.3 in March
Business optimism rises to 11-month high
Supply chains remain under stress as Red Sea crisis continues
The UK manufacturing sector showed tentative signs of recovery in March, as output and new orders increased following year-long downturns. There were also other signs of stabilisation from the latest survey data, with rates of contraction in employment and purchasing activity slowing sharply and business optimism about the year-ahead outlook hitting an 11-month high.
The seasonally adjusted S&P Global UK Manufacturing Purchasing Managers’ IndexTM (PMI®) rose to a 20-month high of 50.3 in March, up from 47.5 in February and above the earlier flash estimate of 49.9. This was the first time the PMI has posted above the neutral 50.0 mark since July 2022.
Three of the PMI sub-components (new orders, output and suppliers' delivery times) were consistent with an improvement in overall operating conditions during March. Although the sub-indices tracking employment and stocks of purchases both signalled ongoing downturns, rates of contraction eased sharply since February.
Food for thought
When I bought here in 2019 at 63p there was 10 Billion more shares on the Market
Morgan Stanley buy buy buy my boy :-)
Make my day Buster next stop hopefully 63p
I wouldn't post on Metro if i didn't hold !
This is the First Call of the month Lloyds Banking Group Shares 52p yes 52p for a share in the whole group Not just Lloyds Bank ,Yes what a bargain discounted 12p from 4 years ago and Finances are in better health with steady interests rates .
Steady rise until Ex Dividend Date ,So Fill Da Boots and Go Forth :)
Buy Buy Gold $3000 is on the Horizon is is lagging Ratio between Gold and Silver an adjustment will be coming too.
I have upgraded Lloyds Banking Group last month to 80p :)
Love & Light
Chips
80p end of year
Thanks LTI, I agree some people a very lazy 💯🎯👍
S123
some people are so lazy/ cannot do a simple task - currently 59p if the share price opened at that level in the morning, but the 59p figure will increase as the buyback programme progresses.
What does £37.64B translate into a share price LTI?
MP
Jan 2022 when I made a sale at 53p the market cap was about £37.64 Billion
Today's market cap is £33 Billion
MP
''What levels, for you meet this criteria ?''
I have already given an indication in a past post - I last sold at 53p in Jan 2022. The equivalent price to that this year would be about 60p + depending on at what point in the buyback programme such a price is hit (if at all)
Thanks Stagecoach and all others for your replies. Great to have a direct reply. No offence but I think it is fair to say that some posts that I've read over the last couple of years are a bit 'off piste'. 😏