Member Info for Andyagogo

* next bear market

You are attempting to deflect attention from the savage fall in Lloyds share price.

On Brexit, whatever someone's views are, they are mainly subjective opinions,
whether someone favoured Leave, Remain, or could not care less either way.

The fall in the Lloyds share price however, is real. Why don't you address the SP performance.

Have you looked at the Lloyds performance over the last 3 bear markets?,
Do you have the slightest idea what those % falls have been.
Will the next best market be different?.

We are replacing some EU migration, mostly from a similar cultural background
in the UK, broadly Judeo-Christian (cultural rattan than a religious context)
with non EU migration from, let's say a more diverse background.

That is what's happening, that's taking back control in action.

And all these nice trade deals, what's at the top of these countries agenda?
easier migration to the UK!.

India have already made this crystal clear, so did multiple African countries
on May's recent trip. That's the reality.

https://www.telegraph.co.uk/business/2018/07/16/migration-rises-non-eu-workers-make-fall-eu-arrivals/

James, you can make a short term trading buy case on Lloyds imv.

Best guess is if we pop up on results, it may be short lived.

DT, it is well diversified. It's a major play on Asia.
However many emerging markets are selling off hard.

Brexit uncertainties, UKX weakness, emerging market weakness.
That's your answer.

Holding a small amount of RYA, as previously posted.
As a further profit warning on RYA can't be discounted,
I'm not adding further at this time. It's also the reason why
I've not clicked a BUY on any RYA posts.

Also mentioned why RYA looked the better
longer term investment- just my own view.

That being said, I'm monitoring EZJ for a potential opportunity.

Sold down most of my equity positions going in to autumn,
which I discussed on here before markets began to sell off.

If I buy EZJ, will post at the time.

The breaking SA news may not help the sector short term.

Very good call AL.

The Google finance price charts are not ideal,
however they go back to 1995.
They provide some indication of the dramatic % falls
over recent bear markets, even if you discount the last 2008/09 crisis.

I've been very bearish on Lloyds, however did buy a small amount,
0.3% of what I have invested.

Best guess as previously posted, 52-56, and we are now within that range-
more quickly than I thought.

When the wider bull market finally rolls over, then down to around 40 pence
would think. All very much a case of imv only.

Given the hammering Lloyds has taken over the past 3 bear markets,
even if you completely discount the financial crisis % falls,
40 pence as a bear market low may be too optimistic.

Past performance does not equal...etc.

If Brexit is going to be so marvelous,
It's amazing how UK cyclicals are getting hammered.

The smart money is getting out imv,
while PI's are congratulating each other on their 'bargain' purchases.

It means leaving the EU.

It could mean remaining in the EEA, the customers union etc.

The question we were asked is if we wanted to leave the EU.

The idea that everyone who voted Leave favoured a hard Brexit is utter claptrap,
Nonsense.

Now getting some attention.

BOE warned about this during the week.

Liquidity conditions tightening.

Poetic justice!. Enjoy.

What's your ultimate target on that pattern completion?, Thanks.

My guesstimate was 52-56, If no early Brexit breakthrough.

Not good.

Brokers - too optimistic at the top, too cautious near the trough.

As for price targets, don't get me started.

You left net debt out of that equation.

If I has assets of £1 million, but debts of £1 million plus £1,
would I be a millionaire, Or broke?.

Below £1.50 looks the path of least resistance to me,
if we are heading lower for wider markets.

Trend may change with results.