RE: FT - Activist investor moves to rustle up takeover interest25 Sep 2025 09:05
I invested in here a year ago because it felt undervalued. This activity tells me I'm probably right, and the Indian business adds to my conviction. I am still underwater but am confident in the management even if there is no buy out.
Rookie has an angle on banks we could find useful. Working in construction provides an insight- banks lending to riskier clients does have that end of season feel. I don't short but do like a broad spread to mitigate a bit. I am in Lloyds long term and am thinking about what else. I see Midas was looking at the big four banks today but as it is behind a paywall I don't know where that ended.
It's a decent business without much fanfare and not exciting. The management seem on top of their game, managing costs, IPO in India. One to keep in the bottom drawer, automatically reinvesting dividends.
Well done for putting this up Aspie. I had forgotten this BB is about Lloyds. One thing nearly everyone here will agree ( shock horror) is we want the shares to go up. Question is whether the car claims result from the Supreme Court is due imminently or not. The sooner its out of the way in Lloyds favour the better.
Sitting waiting for a result. Wish they would get in with it. Story was that the treasury wanted to make a submission to court but was barred.
Given all the other disasters on Reeves' plate at the minute I think she will intervene to overturn any court decision against banks. She needs the City to support its economic growth agenda and a decision in the court against banks does the opposite.
I don't see Blair's popularity in the wider public in any way improved with the passage of time. Blair was in the pocket of the US and the consequences of Iraq live on to this day.
I hope Sir Kier's 'wise' attitude includes the common sense of supporting North Sea oil drilling. After all, if the Straits of Hormuz are shut we need oil from somewhere!