The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Poverty reducing?
https://trustforlondon.org.uk/data/poverty-over-time/
Started this fantasy portfolio in 2016 to challenge various poster's perception that lloy is 'the worst share ever', 'better else where' or a 'dire share',
8th Oct 2016 I invited wl/newchurch to choose an alternative ftse 100 company, so I could run a comparison, since 2016 others have been added
~~~ On 8th Oct 2016 - - 1000 quid bought 206 BP. shares & 1905 lloy shares
Today's value, BP. 206@499 =£1028 v lloy 1905@52 =£991
~~~ In April 2017 invest4life suggested I add glencore - - on 22-4-17 - 1000 quid bought 335 glen shares & 1553 lloy shares
Today's value, glen 335@429 =£1437 v lloy 1553@52 =£808
~~~ In July 2017 nucky suggested I add rbs/natwest - - on 12-7-17 1000 quid bought 384 NWG & 1512 Lloy
Today's value, NWG 384@261 =£1002 v Lloy 1512@52 =£786
~~~ In July 2017 utrickytrees asked that I add barc - - on 30-7-17 1000 quid bought 479 barc & 1504 lloy
Today's value barc 479@181 =£867 v lloy 1504@52 = £782
~~~ In Sept 2018 motley fool recommended diageo over lloyds - - on 9-9-18 1000 quid bought 37.3 DGE & 1704 lloy
Today's value, DGE 37.3@2901 =£1082 v lloy 1704@52 =£886
~~~ In April 2020 theosus asked that I add circassia - - on 14-4-20 £1000 bought 3891 cir/niox & 3058 lloy
Today's value, niox 3891@66 =£2568 v lloy 3058@52 =£1590
~~~ In April 2020 theboard asked that I add rollsroyce - - on 25-4-20 £1000 bought 322 RR. (post 10for3ri 1073) & 3367 lloy
Today's value, RR. 1073@420 =£4507 v lloy 3367@52 =£1751
~~~ This week's observation - Uppy week for bank(but new gaps), Russia/Ukraine/Israel/Hamas hostilities rattle on - cost of living continues to bite, strikes strikes strikes, same old same old lol
A very basic comparison that does not include divi yield, IMO those still suggesting lloy is 'the worst share ever' or a 'dire share' should maybe consider premium bonds?
~~~ 1st real deal, 30-3-20 i bought 15,000 lloy @ 33.606 = £5040
Current value - lloy 15000 @52 = £7800 = +55% over ~48 months
~~~ 2nd real deal, 4-3-22 i bought 8,500 lloy @ 44 = £3740
Current value - lloy 8500 @52 = £4420 = +18% over ~24 months
~~~ 3rd real deal, 13-6-22 i bought 11,500 lloy @ 42.66 = £4940
Current value - lloy 11500 @52 = £5980 = +21% over ~21 months
~~~ 5th real deal, 4-5-23 i bought 30,000 lloy @ 46.24 = £13872
Current value - lloy 30,000 @52 = £15600 = +12% over ~42wks
~~~4th & 6th real deals sold at profit - details in previous posts ~~~
~~~ 7th real deal, 3-10-23 i bought 25,000 lloy@42.9 = £10725
Current value - lloy 25,000@52 = £13000 = +21% over ~25wk
~~~ 8th real deal, 20-10-23 i bought 28,000 lloy@41.8 = £11700
Current value - lloy 28,000@52 = £14560 = +24% in ~21wk
~~~ 9th real deal, 27-11-23 i bought 10,000 lloy@42.3 = £4229
Current value - lloy 10,000@52 = £5200 = +23.% in 16wk
The case for Special divi's
Thanks to the buyback program, Share in circulation has dropped below 63.5bn
2023 final 1.84 + 2024 interim 0.92 = total 2.76p x ~63.5bn = ~£1.75bn
2024 = Buyback £2bn
£1.75bn divis + £2bn buybacks = ~£3.75bn
Lloy 2023 Post Tax Profit ~£5.5bn
C'mon Lloy - it's time to address the Divi v Buybacks imbalance - Restart the 'Special Divi's'
Key dates over the coming weeks/months -
Lloy Ex Divi - 11th April
Lloy Q1 - 24th April
Local elections - 2nd May
London Mayor election - 2nd May
Lloy AGM - 16th May
Lloy divi pay day - 21st May
Lloy H1 results - 25th July
Lloy interim pay day - Sept?
Lloy Q3 - 23rd Oct
US election - 5th Nov
UK GE - Jan 2025?
Labours Economic Collapse 2029?
Lloy 51.3p gap closed, new gap @253.8p on NWG
Gap watch Lloy - Current SP - 52.18p
20th-21st Mar 24 - 50.23p
9th-10th Mar 23 - 51.3p - closed
21st-24th Feb 20 - 55.17p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
~~~~~~~
Gap watch Barc - Current SP - 180.8p
2nd-3rd Nov 23 - 133.4p
19th-20th Feb 24 - 150.46p
20th-21st Mar 23 - 175.98p
9th-10th Feb 23 - 189.56p
11th-12th Aug 15 - 278p
~~~~~~~
Gap watch NWG - Current SP - 261.1p
2nd-3rd Nov 23 - 182.35p
20th-21st Mar 23 - 246.6p
13th-14th March 24 - 250.6p
21st-22nd March 24 - 253.8p New gap
9th-10th Mar 23 - 289.9p
23rd-24th Feb 11 - 471p
11th-12th Dec 08 - 648p
Based on LSE tech chart --- https://www.investopedia.com/articles/trading/05/playinggaps.asp --- https://allstarcharts.com/gaps-need-filled/
March 2023 gap @ 51.3p closed today - Where next for Lloy? down to the 50.23p gap or onwards to the 55.17p gap?
Gap watch Lloy
20th-21st Mar 24 - 50.23p
9th-10th Mar 23 - 51.3p - closed
21st-24th Feb 20 - 55.17p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
New gaps across all 3 banks this am
Gap watch Lloy -
20th-21st Mar 23 - 50.23p
9th-10th Mar 23 - 51.3p
21st-24th Feb 20 - 55.17p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
~~~~~~~
Gap watch Barc -
2nd-3rd Nov 23 - 133.4p
19th-20th Feb 24 - 150.46p
20th-21st Mar 23 - 175.98p
9th-10th Feb 23 - 189.56p
11th-12th Aug 15 - 278p
~~~~~~~
Gap watch NWG -
2nd-3rd Nov 23 - 182.35p
20th-21st Mar 23 - 246.6
13th-14th March 24 - 250.6
9th-10th Mar 23 - 289.9p
23rd-24th Feb 11 - 471p
11th-12th Dec 08 - 648p
14th-15th May 08 - 3192p
3rd-4th Aug 05 - 5621p
8th-9th March 05 - 5920p
Based on LSE tech chart --- https://www.investopedia.com/articles/trading/05/playinggaps.asp --- https://allstarcharts.com/gaps-need-filled/
Key dates over the coming weeks/months -
Lloy Ex Divi - 11th April
Lloy Q1 - 24th April
Local elections - 2nd May
London Mayor election - 2nd May
Lloy AGM - 16th May
Lloy divi pay day - 21st May
Lloy H1 results - 25th July
Lloy Q3 - 23rd Oct
Looking forward to voters seeing straight through the misleading lefty bias provided by the BBC & other media outlets
Polls are a joke - I seriously can't see any sensible person risking a return to a disastrous high taxation & high borrowing Labour Gov. at this stage
#StopTheBoats
#Ulez
#KhanOut
I note dramatic SP movements during the bank reporting season earlier this year, some historic gaps on Barc & NWG closed, but new gaps opened,
Nice to see still only upper gaps on Lloy chart
Gap watch Lloy - Current SP - 49p
9th-10th Mar 23 - 51.3p
21st-24th Feb 20 - 55.17p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
~~~~~~~
Gap watch Barc - Current SP - 176p
2nd-3rd Nov 23 - 133.4p
13th-14th Dec 23 - 142.14p - closed
19th-20th Feb 24 - 150.46p
20th-21st Sept 23 - 159.58p - closed
9th-10th Feb 23 - 189.56p
11th-12th Aug 15 - 278p
~~~~~~~
Gap watch NWG - Current SP - 239p
2nd-3rd Nov 23 - 182.35p
18th-19th Oct 23 - 227.2p - closed
25th-26th July 23 - 250.4p - closed
13th-14th March 24 - 250.6
9th-10th Mar 23 - 289.9p
23rd-24th Feb 11 - 471p
11th-12th Dec 08 - 648p
Based on LSE tech chart --- https://www.investopedia.com/articles/trading/05/playinggaps.asp --- https://allstarcharts.com/gaps-need-filled/
ImaRight - "Well, providing Labour never tell lies.... aka do a complete U-turn: "
1) https://www.opendemocracy.net/en/keir-starmer-broken-promises-political-lying-dishonest/
2) https://www.spiked-online.com/2023/05/04/the-dizzying-dishonesty-of-keir-starmer/
3) https://www.prospectmagazine.co.uk/politics/labour-party/62364/keir-starmer-slippery-politics
4) https://www.politico.eu/article/all-of-keir-starmers-u-turns-in-one-place/
5) https://www.bigissue.com/news/politics/keir-starmer-broken-promises-tuition-fees-nationalisation-u-turn/
6) Keir Starmer lied to become Labour leader: it’s really that simple. - https://twitter.com/OwenJones84/status/1614598475974426624?lang=en