Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bit early for the tin foil hat 2Daman.
If Antonio isn’t careful sailing into the sunset he could fall off the edge of the flat earth lol
Covid-19: Fewest firms planning job cuts since pandemic began - https://www.bbc.co.uk/news/business-56130167
Covid vaccine: All UK adults to be offered jab by 31 July - PM - https://www.bbc.co.uk/news/uk-56141867
The rise from the low 30s has been driven by a successful vaccination campaign driving further optimism about reducing lockdown restrictions. Barclays beat analysts expectations. I have no reason to believe it won’t be a similar case for LLoyds. I’m less inclined to think a divi will be paid but I even with that I can’t see how folks are suggesting this goes back down to the low 30s. If the recent rise was driven by improving results expectations fair enough; but they have solely been driven by successful vaccinations and lockdown having enough of an impact of case transmission and deaths.
The recent rises have been driven by UK vaccination progress, building hope for a faster than expected economic recovery.
These drops today, driven by Barclays results, are an overreaction. Analysts expectations were exceeded. Dividend (however small) reinstated. I am holding firm.
Are we going to see a rise on the positive Barclays news (albeit a small dividend reinstatement). Or are Barclays in a better position given the IB and will that lead to concerns about LLOY results?
Sailaway - divi is usually paid to holders at a certain date (ex dividend) and then the payment is made about 5-6 weeks after that date. I.e. if a divi is announced on Friday, the ex divi date could be mid April (as an example). As long as you were still a holder of the shares at the mid April date you’d get the payment at the end of May.
Re your question on CG. I personally hold my shares in an investment ISA which has a yearly allowance of £20k. Any gains I make on that £20k investment is not liable for CG as far as I understand it. Depending on how much you look to invest each year that may be your best bet if your concerned. You’d need to check if you can transfer existing holdings into an ISA using your yearly allowance.
This is just my understanding as a relative noob to the investing world.
They mentioned it last night and in a few other recent updates. A combination of greater vaccination capability and improved supply does reduce the drop off in number vaccinated per day but it does have an impact on the rate. Pretty sure it’s factored into the vaccination chart they show for the next few months.
There is also then potentially the need to re-vaccinate or boost people after 9 months (or a yet to be determined time frame). I don’t know if that’s 9 months post 2nd dose or what but it’ll have an effect on current rates too.
The reference has been made on this ultimately becoming a similar thing to fly jabs I.e. pop down to your local pharmacy, in the workplace, gp and so on, to get one.
16p lol
IF, and emphasis on IF, we get decent results and a divi announcement I could see this bumping 10% on results day. Looks like the share has demand, subject to good news, and there is still a lot of buyers ready to make a move.
This is a big IF before the usual naysayers start getting their briefs in a bunch.
Andmillsy - tell me about it. Even crystal balls in a circus give at least a bit of reasoning to their predictions. Perhaps the one on this board foresees another record heatwave in summer ??
Why?
Assume none and it can only get better ;)
“Lloyds Banking upgraded to Neutral from Sell at Goldman Sachs Goldman Sachs analyst Martin Leitgeb upgraded Lloyds Banking to Neutral from Sell with a price target of 38 GBp, up from 33 GBp. The analyst notes that the yield curve has markedly steepened following the BoE's MPC minutes and he sees the possibility of it steepening further given prospects for a strong vaccine driven recovery in Q2. Thus, Leitgeb now expects a lower erosion of structural hedge income.”
Read more at:
https://thefly.com/n.php?id=3242412
I think widely anticipated is the key here. As har as I can tell there has been no indication whatsoever from the bank as to if a Rico is likely or not. I don’t think any divi will be factored in to the price at this stage unless purely speculatively and in a relatively small manner.
Keep up the good work Falky!!
Question is will it continue this steady pace tomorrow and a steady rise up until results. Happy to be back at my most recent buy price as of today. Roll on the 40s!
LTI - what do you think the likelihood is of a lloy profit (higher than / inline with analysts expectations) in 2020? Can’t recall where they where at half year.
Thanks LTI. I can assure you my sleepless nights are a distant memory of my post March purchase (though there are times I still have a little jolt).
Just curious what folks think of the current resistance level, if I may call it that. I’m not much of an expert on the charts, resistance data etc. Hoping to get some insightful opinions from those on this board that understand the technical side better.
Thanks again.
Since Brexit deal announced, the share price has seemed to stay firmly above the 36p mark despite threatening it a few times. This is also post vaccination announcement but prior to national lockdown and fairly scary daily infection / death stats.
Is this the current resistance level for the sp and where do we see it travelling over the coming weeks. I’m personally sat on a decent chunk having bought 20k @ 50p back in March last year (I know, idiot move!) and a further 20k @36.7p in the day prior to the deal being announced formally.
In this for the long run but interested in others views. Genuine views rather than criticisms or stone throwing (Rosewall)
https://seekingalpha.com/article/4140975-investors-cant-ignore-this-clear-sign-of-stock-market-bubble
Chart here looks like the trajectory Tesla is on!