Member Info for 67Sam

"This account is for an adult who wants to save in trust for a child aged 15 or under."
Not something to draw in the aspiring first time buyers then is it.

Depends if you want to grow it, as everyone starts with not much.
Fair enough, Lloyds are appealing to a specific segment and perhaps thats an intelligent decision, but if £100k is your starting point it isn't going to draw many younger customers is it?

Megan
I am in much the same position as you, although I'm in even deeper now from trying to average down losses since last March. My feeling is a token dividend will be reinstated and that disappoints the market and causes the sp to fall slightly.
I invested in Lloyds from mid 2017 for a long term income bet and for a while it was around 5% but the sp steadily dropped each year but with the end of PPI it still seemed to me a positive future. Since the pandemic and to some extent a disappointing Brexit outcome as well, I am less confident of both the Lloyds and UK outlook. Im not a customer of Lloyds but looking at their website it doesn't seem encouraging. Still the same middle class white mans bank with a few BAME and LGBT pictures stuck on. They ramp up their wealth management services but then restrict to those with over £100k only. Its digital offering doesn't even come close to its rivals and most of all I wonder what will attract new generations of customers to Lloyds in the future. It has the harder position of ongoing commitment to keeping at least some physical branches open. I get caught in the belief that its intrinsically worth about 50p and has a good outlook but I pessimistically chose 28p for year end as I think we have room for some more global economic upsets this year, as well as ongoing domestic strife and that doesn't sit well with returning the same level of dividend that came pre-pandemic.
But these are just my guesses, best of luck.

LTI ... It's a discussion forum about Lloyds. I posted my views in reply to a thread that has some congruence to my argument. I hadn't expected that to be particularly controversial. I hold Lloyds and am not feeling particularly optimistic about it. I also now gather you're pro Brexit and I don't mind what you are, its fine by me. I happened to vote differently not that its much to do with why I'm here. I enjoy reading others posts and in general your hostility isn't a reflection of this community as a whole. The only list Ive asked to be on is Mr Meerkats EOY predictions at 28p.

LTI my point is not about everything its about the international differences between healthcare systems and the fact that the UK primary health care is not widely replicated but proves very efficient in enabling fast vaccine delivery. It is the one positive aspect so far that belongs to the UK although I also think UK and other countries did exceptionally well with vaccine development, and the decision to fund this up front. In my opinion the rollout has nothing to do with the Cabinet but it does show the success of a system that is historically rooted in post war reforms. The decisions to fund development are a positive decision of this government but it is very much an emergency response and not unique. You're welcome to your opinion but please at least post something thoughtful.
What list are you putting me on?

Lloyds entered a world of pain many many months ago and I do not think they will recover to pre-pandemic prices or payouts this year or anytime soon after that. I still hold to avoid crystallising the loss, but what a waste of capital it seems now. Still my 28p year end bet looks positive.
My opinion is there are no incentives for the UK economy right now except speed of vaccine rollout and that is down to having a Primary Health Care System that is incredibly good at reaching people, nothing to do with a conservative government. A chance that might give the UKs recovery an edge but it will still be suffering uniquely among its peers from having so many fur cups in its Cabinet.

Thats an interesting link, thanks. Scenarios 1 and 6 seem quite relevant to Lloyds.

Hello Asperger1,
Please can you put me in for 28p at year end in Mr. Meerkats competition.
Thank you.