Member Info for Asperger1

Lloyds raises mortgage rates but savers face wait

Lloyds Banking Group will change their mortgage reversionary rates as lenders slowly begin to implement last week’s base rate increase.

https://www.ftadviser.com/mortgages/2018/08/07/lloyds-and-halifax-latest-to-adjust-mortgage-rates/

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Lloyds Banking Group outsources surveying duties to e.surv

The bank has previously used a combination of in-house and outsourced services and claims that the best move for the future is to work in partnership with a single provider. Under the initial five-year contract, existing Lloyds surveyors and back-office employees will be transferred to e.surv.

https://www.mortgagestrategy.co.uk/lloyds-banking-group-outsources-surveying-duties-to-e-surv/

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Many thanks to all who today helped reduce the number of shares in issue by 0.25m lol

As they say - every little helps

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Haydnjones - we are getting a 1.07p interim divi, which means we will get a 2.14p at year end

So that's a guaranteed 3.21p for the year

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Fraya -
I'm thinking, on top of our 'normal divi', £2bn buyback + 0.5p special = SP 80p by 2018YE results
and 100p by 2019YE results
Seems possible given the likely numbers

2017 results
Q1 Underlying £2.1bn Statutory £1.3bn (+99%) post tax £0.89bn (+68%)
Q2 Underlying £4.5bn Statutory £2.5bn (+4%) post tax £1.64bn (+12%) divi 1p
Q3 Underlying £6.6bn Statutory £4.5bn (+38%) post tax £3.1bn (+50%)
Q4 Underlying £8.5bn Statutory £5.3bn (+24%) post tax £3.55bn (+41%) divi 2.05p (+20%) + £1bn buyback program,
(Out - 1.65bn Ppi, other conduct 0.87bn, Volatility 0.7bn)

2018
Q1 Underlying £2.0bn Pretax £1.6bn (+23%) post tax £1.15bn (+29%)
Q2 Underlying £4.2bn Pretax £3.1bn (+23%) post tax £2.27bn (+38%) divi 1.07p
(Projected)
Q3 Underlying £6.0bn Pretax £5.5bn (+23%) post tax £4.1bn (+32%)
Q4 Underlying £8.0bn Pretax £6.5bn (+23%) post tax £4.8bn (+35%) divi 2.14p + 0.5p special + £2bn buyback
(Out - 1bn Ppi, Restructering 0.5bn, Volatility 0.5bn)

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Is 100p an unrealistic target for the Lloyds share price?

https://investomania.co.uk/2018/08/is-100p-an-unrealistic-target-for-the-lloyds-share-price/

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Strongly positive Lloyds Bank survey calls the idiot Noel Edmonds' research into question

During the year from April 2017 to March 2018, the Retail Banking Study from Mesh Experience recorded 666 experiences of Lloyds Bank from UK consumers. Of these, 43% were fairly positive experiences, and a further 18% very positive.

Meanwhile, just 3% were fairly negative and 2% very negative, while 34% of experiences were neutral. The study, which involves a nationally representative sample of 400 UK adults each month, is based on unprompted responses, where participants are asked to record their emotional response to every interaction they have with a brand, across all touchpoints.

https://www.campaignlive.co.uk/article/strongly-positive-lloyds-bank-survey-calls-noel-edmonds-research-question/1489698

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Many thanks to all who today helped reduce the number of shares in issue by a nice 15.8m

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Fair comment UTT - I'm a waste of space

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Hmmm - after posting my email address I'm disappointed I've had no offers of payment for ramping - C'mon AHO - I'm working my butt off for ya ;-)

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Nice one Northerner

UBS places a target of 80p and has maintained its ‘buy’ rating on Lloyds Banking Group PLC (LON:LLOY), saying the bank is one of its top picks in Europe after it reported a 23% rise in first-half profits.

Last Wednesday, Lloyds posted a pre-tax profit of £3.1bn for the six months to June 30, up from £2.5bn a year ago.

Net income grew 2% to £8.9bn with net interest income up 7% to £6.3bn and other income down 7% to £3.1bn. The banking net interest margin – a key measure of banks’ profitability – rose to 2.93% from 2.82% last year, driven by growth in MBNA – the credit card business Lloyds bought last year.

http://www.proactiveinvestors.co.uk/companies/news/202286/ubs-says-lloyds-one-of-its-top-picks-as-it-reiterates-buy-rating-but-cuts-target-price-202286.html

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

So true SUF - a lot can change in a very short time -

If HMG/EU announce a framework of deal we should see a serious re-rate of the banking sector - sure wouldn't want to bet against it.

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

RBS struggling to close its results gap ~249

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

You seek ammo Lastcall? #agenda

* note - the competition closed in Jan, but there will be another one next Jan if your still around

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

A reminder of Mr Meekats 'guess the SP at year end' competition - entry now closed

In January a number of us pitched our guess at the SP at close of business on the last trading day of 2018 (we also pledges to donate to a charity nominated by the winner of the competition)

I post a reminder on or about quarterly results so we can all have a little laugh at our hopes and dreams -

Bazza24 - 48
Wids - 51
John46 - 55
Pastyc - 62
Newchurch - 63
Inner-Harmony - 69
Onedaydave - 70
Italdo - 71
ScotlandLloyds - 71
Twonko - 71.5
Littleaston - 72
Everglade - 72.5
Basherbaz - 73
Wanderingon - 74
Deefer - 75
EagleB - 75
QuietlyCautious - 75.5
Greenwich - 76
Zoros - 76
Faramog - 77
GOODJOB - 77
Quilp - 77
Earnacrust - 78
Lurkalot - 78
Martin1 - 78
NuckyThompson - 78.5
Utrickytrees - 79
Silverjetta - 80
Dierich - 80.5
OilyGonetoOz - 81
Chrisw01 - 81.5
LindaT - 82
Pat2014 - 83
Tomozulu - 83.5
Gino73 - 84
Schming - 84.5
Daytradenovice - 85
Schming - 85
Somersetcider - 85
Davielad - 86
Eldorado36 - 86
VictorBlank - 86
Sainharry - 86.5
SUFCESSEX - 86.5
Petanqueplayer - 87
Badger333 - 87.5
Freya - 88
Hooky61b - 88.5
Jamesroo - 88.5
Wizard125 - 89
Allforone - 89.5
GRBfromYorkshire - 90
Troajan - 91
TheFarEnd - 91.5
Scrum - 92
Chesterk9 - 92.5
GaryJ - 93
SP61GHT - 94
Deadcat - 95
Motbuck - 96
Tomjones2 - 98
Beacon - 99
Johnnymax - 99
Slonkyalice - 100
Boldboy - 101
Happyhead - 102
SoFarSoGood - 103
Livestock - 105
Willuneverlearn - 109
Calisto - 117
Onelongrunner - 122
Shipmate1 - 124
Rogmartyn123 - 125
Keltickilla - 127
Paulislong - 134
Asperger - 135
MoneybagsSmythe - 271

Before the inevitable dig - as administrator my entry has always, and will always be the same, I enter for fun and to take part.

Hmmm - Lastcall, JMO - might we see some balance from you guys? - seems unlikely - both here with agenda's

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Is the Lloyds share price set for 8 months of uncertainty?

https://investomania.co.uk/2018/08/is-the-lloyds-share-price-set-for-8-months-of-uncertainty/

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Re Barc -
Pre 'smart/dumb investor' - their facility was very impressive and professional tho a little inflexible re SIPP
Post 'smart/dumb investor' - switch over was a disaster, standing charges increased dramatically, still little flexibly re SIPP,
Wife and I had been a sizeable customers for decades but they drove us away - So glad we moved (and that became an ugly saga that took months), and we're still getting statements from closed accounts - total mess IMO

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

SIPP with AJBell, ISA's with Halifax - I don't deal very often so both chosen for low quarterly charges - 2x brokers for a little safety/diversity, both perform fine by me, so glad I escaped from Barc

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️

Something's gone horribly wrong - I only bought Lloy because of Mick's posts !!!

#Buyback those dips UBS
♞ 💰 💰 💰 📈 ❤️