Member Info for 67Sam

"A five-year fix at 60% loan-to-value has been reduced to 3.84%"

Thats really encouraging to see, despite being three times as much as Im paying now. If banks can sustain that I guess it will help feed in to higher numbers of sale transactions as well as steady or slight increases in house prices this year.

Interesting that its you that pipes up with that comment. I doubt admin do anything at all unless someone (?) clicks on "report post" and requests deletion. I cant believe they pay people to proactively read through all the drivel and then make judgements about whats on or off topic.

Last weeks news loggy

"3rd-7th May 24 - 52.9p - Closed"

Well, thats something at least. Thank you Asp 1. Let's also hope we get a 60M plus buyback today.

"I think the FTSE’s will recover hard and fast"

Thanks for reply and yes, I hope so too. Just have a feeling that Lloyds will always be the last to recover. It took years to get to 50p and we seem to be headed back under there fast. My fault for not being sufficiently diversified.

The wheels appear to have fallen off the LSE share price indicator, nearly half past eight and its in total denial, still showing at 55.26

"advise the status of the chocolate buttons market"

expected to soften as temperatures rise

"The FTSE has risen a 1000 points in a year..I'm not sure a summer 100 point drop constitutes carnage".

Laura, I think you might be looking at Friday?

I just dont think I have the stomach for this anymore. If this was just savings then it might be ok, but Im trying to pay for a house ffs. I dont have years to wait for this all to recover again.

The last seven years seems to be one of the worst timeframes for long term share holders.

What sickens me even more is that Falky is being proved right and will be absolutely bloody unbearable now.

BB

“I have a holding of 217,551 shares…with an average price of 67p” 19th Aug 2018.

“sold up over 237,000 of the little blighters at 55.28” 19th Dec 2018.

That's getting on for a £15,000 loss. Were there other trades you decided not to post?

BB

Do you still have any LLoyds shares?

C.55M - some good news at last.

"and I added a bit more today"

...and if I had half a brain I'd be dangerous. Or wealthy. Complete numbskull decision not to have waited until this PM.

"before 13:30 pm, sp was 56.38, on the way to the recovery"

It rose by a penny from the open, which I assumed was being driven though buybacks. It briefly went blue and then slid on the US job news.

I am trying to reign in my pessimism, but I am fairly touchy about blind optimism. A forecast of holding that rise and adding at least another penny seemed just that. Thanks for your reply, Id still be interested to hear HappyHead explain it too.

"57-58p by close me thinks!"

Why do you think that?

"it'll stay there for years to come while re-investing Divi's"

I have similar in a SIPP and I added a bit more today. I may well be going against the grain of sentiment, but it seemed a good place to reinvest dividends without getting overweight in any of my other holdings. I realise it will drop later this month for ex div, but i'm not worried as I intend holding for years. What is the expectation of sub £2.00 based on?

If market cap stayed at £35B then I dont think 71p with 50B shares in circulation is plucked out of thin air

Sheltie, good to hear someone is still holding hope for this. My pessimism has resurfaced. I'm happy with lloyds two days a year when it pays out, but I never have the guts to sell up and get out. I've been convinced it will all come good eventually, but lately I wonder why I am putting myself through this "One day Rodney" malarkey.

Yes, it's one mighty test of patience. Seem to remember one persons predictions here that the ex div losses would be zero / immaterial. Now we have lost 10% in a week. Im not quite in the Falky camp yet but one crap day follows another. I had hoped we would bounce back up a bit today. Oh well, I suppose its good for the buybacks while being stressful for investors. 50p by next Friday?

I think it's a bit disappointing and more of a drop than expected. But it doesn't really worry me as I have never tried to short Lloyds, I hold for dividends and long term growth. It has taken a few years to get back to 50p and I didn't expect to see 60p so soon after that. Its exactly the same business as it was yesterday and Im optimistic that in time (it may take years) it has much further to climb and will be accelerated by the repeat buybacks. I figure its a solid well run business and the SP just requires patience. In any case, unless you sell its not an actual loss.

" I guess STP may have meant lost five digit amount 'today' '

I assumed he meant five figures as in £125.99