Member Info for 67Sam

A new year high of 59.98

Falkland, you still provide no reasoned argument for why you expect a drop. What are you getting out of making these posts, other than a lot of clown faces looking back at you?

Losses now sitting below 1p on the Live price.

Scaremongers should go back to bed. People who have no investment in Lloyds but spend all day making trite comments on this board may be better off trying to make real friends in the real world.

Doors are open for morgan stanley

Yeah I like it too. Pre-tax profits are above the forecast by IG and 1.06p interim dividend is a generous 15% rise on last year.

Never mind Brixton, at least you have NESF still above 80p :)

"Expected & actual 2 completely different things"

Absolutely, yes. But we wont know the actual until tmw, so this was an illustration of best guess :) I wouldn't be disappointed if it turns out to be fairly accurate.

"expected to report a pre-tax profit of £3.2 billion for the first half of the year, marking a significant 20% decline from the £3.9 billion profit reported in the same period last year"

https://www.ig.com/en/news-and-trade-ideas/_lloyds-and-natwest-share-prices-at-nine-year-highs-ahead-of-q1--240723

Falkland

The past is evidence, the future is complete conjecture. There is no telling whether you will be proved right or wrong, but I don't find you very convincing in your doom laden prophecy. This is because you dont seem to ever present any reasoned argument to support your opinion, you just tell us you have staked a lot of money on it. Can you see why that combination doesn't inspire confidence on this board?

More patience needed Seany. I cant see it happening myself.

"Not on intelligence my friend!"

"Biden reigns" means the complete opposite to "Biden resigns".

"Pity we went down on the footie :-( "

Yes indeed it was a great shame. We were awesome for about 15 minutes. Can't think of an English manger that could do better though. My guess is they will try and tempt Klopp.

Im not feeling confident that we will see a rate cut on August 1st, press reports seem to suggest Sep 19th would be the earliest opportunity.

LeeRex is correct. He quotes the ONS figures for immigration to UK.

This is all immigration, not just small boat crossings.

Monkeyjack ??

"what next, tax cannabis smoke? there is plenty around"

There is a compelling argument to "legislate, regulate, educate and tax" in regard to cannabis. Consider the millions of pounds spent on (unsuccessfully) enforcing the law for a drug that has no fatal risk and few victims, the billions of pounds that go into the black economy, the level of danger that "home grows" create to neighbours, the impossibility of educating young people on the risks of smoking high strength skunk for the developing adolescent brain, the many medical uses of cannabis and the fact that people cannot buy according to strength. One starts to wonder why it is illegal. Locally produced cannabis would create employment, bring in enormous tax receipts, reduce pressure on police and the courts. The harms associated with alcohol are far higher, yet I can buy that 24 hours a day. Hemp, whether psycho active or not, is an incredible resource that can be manufactured into many products. I believe protecting the cotton industry has been far more influential in our policies towards cannabis than protecting the public.

"one wonders whom they will give first considerations too"

I expect it will be the people who meet the criteria for social and affordable housing. It is not clear to me from the article, because these two terms refer to very different things.

Perhaps they will sell off office sites for social housing and retain those for affordable housing under CITRA.

Local Authorities who have already parted company with their own social housing stock, will presumably give the new sites to their housing associations to manage.

"Social housing programme... Value for shareholders?"

A guaranteed revenue stream would be my guess, with a lower void rate, and possibilities that some tenants may one day become prospective purchasers.

I wonder if it might muddy the waters a little for CItra. Apparently Local Authorities are to be trusted with allocations and day to day housing management. I'll wait and see how well that goes.

Lti

Yes I am confident it will rise eventually and that its well positioned to maintain profits, so I continue to hold. I sometimes fear I will become a much older man while I'm waiting. It's not a complaint, I continue to reduce debt by £1k each month and am now midway through a 5 year fix at 1.29 and trying to make the most of it. If I can keep on working, the ideal position would be to pay it all off without selling Lloyds. But Ive been working for forty years now and I'm knackered!

"I set a sell order for 97k @ 59.2p"

I can understand that, it's the highest the SP has ever been since the pandemic.

I think it will be years before it makes any significant progress from 60p and thats with the assumption they continue with buybacks.

Hope it works out - are you reinvesting the proceeds in stocks, or keeping cash?

Hahaha bless you Seany