Member Info for Asperger1

Elliot Wave Theory? -
Wave 3 to take out the 41.6p gap, Wave 5 to close the 55p gap?

Coronavirus:
UK economic recovery projected to be the fastest among leading nations
says Chancellor Rishi Sunak on Andrew Marr show

The board has spent the past 10+ years turning the Lloyds group of companies in to a highly efficient financial cash generating machine,

During the aftermath of the banking crisis of 2008 Lloy was able to rebuild it balance sheets, make various acquisitions, settle the enormous Ppi burden, develop a market leading and progressive divi policy and even set about buying back its own shares (ie investing in itself)

IMO - With little to hold the group back this time Lloy will do very nicely as the UK economy springs back from the current crisis

A true cash cow in sleek black thoroughbred clothing

Think you're right SecretBlueprint -
it'll probably be recorded as "The Great Covid Depression"

https://www.merriam-webster.com/words-at-play/economic-recession-vs-depression-difference

Rosewall - biggest drop of GDP in history, UK & across the world, pretty sure the history books will record it as a global Covid recession

If the UK economy is to recover from this Covid induced recession people/businesses are going to need to borrow - so who'ya going to call?

If the UK economy is to recover from this Covid induced recession people/businesses are going to need to borrow - so who'ya going to call?

Bank of England joins Dennis the Menace for kids project

https://www.bbc.co.uk/news/business-53025427

Usual weekend update -
I started this fantasy portfolio in 2016 to challenge various posters perception that Lloy is 'the worst share ever', 'better else where' or a 'dire share',
On the 8th Oct 2016 I invited WL/Newchurch to choose an alternative ftse 100 company so I could run a comparison

On 8th Oct 2016 - 1000 quid bought 206 BP. shares & 1905 Lloy shares
Today's value
BP. 206 @ 323 = 665
Lloy 1905 @ 31.9 = 608

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 @ 172 = 576
Lloy 1553 @ 31.9 = 495

In July 2017 Nucky suggested I add RBS -
On 12-7-17 1000 quid bought 384 RBS & 1512 Lloy
Today's value
RBS 384 @ 119 = 457
Lloy 1512 @ 31.9 = 482

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 @ 117 = 560
Lloy 1504 @ 31.9 = 480

In Sept 2018 Motley Fool recommended Diageo over Lloyds
On 9-9-18 1000 quid bought 37.3 DGE & 1704 Lloy
DGE 37.3 @ 2780 = £1037
Lloy 1704 @ 31.9 = £544

In April 2020 Theosus asked that I add Circassia -
On 14-4-20 £1000 bought 3891 CIR & 3058 Lloy
CIR 3891 @ 27 = £1051
Lloy 3058 @ 31.9 = £976

In April 2020 TheBoard asked that I add RollsRoyce -
On 25-4-20 £1000 bought 322 RR. & 3367 Lloy
Today's value
RR. 322 @ 328 = £1056
Lloy 3367 @ 31.9 = £1074

This weeks observation - Markets impacted by Covid's 20% drop in GDP

A very basic comparison that does no include divi yield, IMO those still suggesting Lloy is 'the worst share ever' or a 'dire share' seriously need to examine their concept of investing.

Real deal
30-3-20 I bought 15,000 Lloy @ 33.606 = £5040
Current value -
LLoy 15000 @ 31.9 = £4785

A1

Based on LSE daily tech chart

20th-21st Dec 11 - 23.8
22nd-26th May 20 - 28.8
4th-5th June 20 - 34.1
10th-11th June 20 - 34.7
11th-12th Mar 20 - 41.6
21st-24th Feb 20 - 55.2
10th-13th Jan 20 - 60.1
23rd-24th Jun 16 - 71.1
27th-28th Oct 15 - 77.1

The UK's economic recovery starts today !!!

#Vshapedrecovery

Based on LSE daily tech chart

20th-21st Dec 11 - 23.8
22nd-26th May 20 - 28.8
4th-5th June 20 - 34.1 - closed today 11th June
10th-11th June 20 - 34.7
11th-12th Mar 20 - 41.6
21st-24th Feb 20 - 55.2
10th-13th Jan 20 - 60.1
23rd-24th Jun 16 - 71.1
27th-28th Oct 15 - 77.1

Anyone got a match - 2nd stage booster rockets need to be re-lite

2nd stage ignition :-)

Took around 5 weeks to bring the SP down from ~60p
Back up around 60p by Q2 end July?

Matt Hancoock - "the virus is in retreat across the land"

Interesting bit of history between our latest major shareholder and London during WWII

During the second world war, the seat of Norges Bank was temporarily moved to London in 1940, in that the Norwegian government-in-exile established a new board. The bank's gold reserves were evacuated via Åndalsnes, Molde and Tromsø to London, and from there to New York and Ottawa. This gold and the bank's other currency reserves were under the control of the London board. At the same time, the bank continued its operations in Norway under the direction of the Nazis until the war was over and the London board stepped down. A commission of inquiry after the war concluded that the Bank's Oslo management had taken a firm and correct attitude towards the Nazi authorities.[4] In 1962, the Mint Supervisory Authority and the Royal Mint were transferred from the state to Norges Bank

https://en.wikipedia.org/wiki/Norges_Bank

Some have been shouting for a 23.8 gap fill since 2011

Gaps waiting to be filled -

11th-12th Mar 20 - 41.6
21st-24th Feb 20 - 55.2
10th-13th Jan 20 - 60.1

Which month Stagecoach ??? lol