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The " Carrying Value " of a company is a more important and accurate accounting measure used to determine the true value of a company's assets and liabilities.
Yes am I stick by my opinion Lloyds is worth 60p to 80p
and a target at this Level
Happy to ride the wave and collect the Dividend
Brexit Done
PPI Done
Interest Rates Raising
War will eventually end
Take Advantage of this cheap Stock and Buy on the Dips
What a Bargain @ 45pIMHO DYOR
Love & Light
Chips
80p end of year
My View has always been Lloyds would be fair value @ 80p and people thought I was mad.
If the Ukraine war had not happen Lloyds would have been back to Pre Covid price of 64p.
The market has the price at 45p but my view is Lloyds Banking Group is a Target at these Levels. 60p today would still be Cheap as Chips for this stock .
But we must remember that the Buy Back program has benefited Hugely from this Low Level Price and has saved Millions for Us the Shareholders .
Good Steady Dividend ,
I happy to sit on these shares with average of 20p and just keep receiving Dividend.
Buy Gold and Silver as there is a lot of Upside to Come.
Love & Light
Chips
80p end of year
You have sorry .
But it wasn't oh can't be bothered
Fleccy
Now i have concerns of your financial environment and status for the want .Can you acknowledge hardups post 16.43
"If Lloyds SP went to £2.50 a share by way of a share consolidation as Brixton suggested, the value of your Lloyds holding would be exactly the same as before the share consolidation."
I was talking about it reaching £2.50 without a reverse split, I can dream can't I?
"And we also have the BOE forecasting the UK to go into recession in the final quarter this year for a prolonged period of 5 quarters. If this proves accurate how will that affect the final results F/Y 2022?"
Homeowners will protect their castle above everything else, car loans are probably at highest risk of default. Apparently there's a shortage of labour in the UK, so plenty of jobs out there. Energy prices are the biggest contributer to inflation, so I expect many will suffer as price caps are raised, but I suspect the ones at higest risk from energy price increases are pensioners and benefit claimants. I don't see a significant risk to bank earnings, as people in work will struggle through the recession, but avoid great financial difficulty in my opinion.
fleccy,
"If Lloyds went to £2.50 a share, that would push the value of my Lloyds holding above £961,000, I would love that."
If Lloyds SP went to £2.50 a share by way of a share consolidation as Brixton suggested, the value of your Lloyds holding would be exactly the same as before the share consolidation.
Fleccy
You'd have less shares ! ?
"If you assume a near 20% increase in the final dividend, matching the interim increase, then you're looking at 1.59p final bringing the total for the FY to 2.39p. Also why wouldn't people look at the Q3 interim management statement, on the 27th October, to judge FY2022 profit outlook?"
But that,s just it.........we wont get news on final dividend and/or any other returns of capital to share holders, until final results February next year. The Q3 Interim Statement is just that, there will be no give aways to the share holders. And we also have the BOE forecasting the UK to go into recession in the final quarter this year for a prolonged period of 5 quarters. If this proves accurate how will that affect the final results F/Y 2022?
"At 77p it's still a penny share . The bus driver has no sat nav, consolidation over the £1 preferable £2.50 will help ."
If Lloyds went to £2.50 a share, that would push the value of my Lloyds holding above £961,000, I would love that.
"And the way I see it, there is nothing else to get the SP moving into the 50p+ before the Full Year 2022 results in February next year and see how we are then and what we get from the BOD by way of return of capital to share holders before we see any possible significant increase in SP."
If you assume a near 20% increase in the final dividend, matching the interim increase, then you're looking at 1.59p final bringing the total for the FY to 2.39p. Also why wouldn't people look at the Q3 interim management statement, on the 27th October, to judge FY2022 profit outlook?
At 77p it's still a penny share . The bus driver has no sat nav, consolidation over the £1 preferable £2.50 will help .
fleccy
"The higher interest rates climb, the better the NIM"
But the SP does not go up to reflect this when they raise the rates......the SP usually goes down, and I fully expect the same will happen if/when any further rate increases are announced later this year. And the way I see it, there is nothing else to get the SP moving into the 50p+ before the Full Year 2022 results in February next year and see how we are then and what we get from the BOD by way of return of capital to share holders before we see any possible significant increase in SP.
"RBC Capital Markets rating is spot on.....45p.......and looks like we could be camped at this level for a long time yet. All the others miles off!"
Why do you say that Hardup? The higher interest rates climb, the better the NIM. I wouldn't bet against Lloyds climbing significantly from here, since it's clearly sentiment driving the price down, with fundamentals pointing to a much higher price. It's only a matter of when, not if, UK value stocks generally are rerated upwards, with their stock prices eventually reaching fair value.
''looks like we could be camped at this level for a long time yet. ''
I would like to see the current investment programme to reach the 4.5 Billion share purchase level, so need it a little bit lower.
Gate13Boy
"It's a shame these broker ratings never come to anything hooky"
RBC Capital Markets rating is spot on.....45p.......and looks like we could be camped at this level for a long time yet. All the others miles off!
It's a shame these broker ratings never come to anything hooky. In the meantime we'll let MS remove shares from the register and keep taking the dividends.....
"“We had anticipated a more gradual benefit at the beginning of the rate-hike cycle, but have now adjusted our NIM assumptions upward. As a result of these changes, as well as time value of money since our last model was updated, we raise our fair value estimate to 77 pence per share from 68 pence previously. We believe Lloyds’ shares are attractive at current levels,” explains Kammer."
https://www.morningstar.co.uk/uk/news/225729/europes-most-undervalued-banks.aspx