Member Info for checkricky

12 o'clock movement was a over reaction for Lloyds as all banks and many other stocks had a proper tree shaking and now are coming back of the lows.

Looking at the STOXX Europe 600 Banks Index EUR many banks also had a big drop but are also coming of the lows..

Interested in the bit stating UK banks beginning to close the gap with US banks OK come on a bit positives coming yum yum

BANK VALUATIONS

The report also looked at stock market valuations of British banks after concern from Britain's Conservative government that they had been lagging those of U.S. rivals. But the BoE found that valuations were in line with euro zone peers and had begun closing the gap with the United States.

https://www.lse.co.uk/news/LLOY/bank-of-england-highlights-private-equity-vulnerabilities-8d80d7baur78g9y.html

I can't wait for this general election to get out the way. Only a few more trading days to go and we will soon know who has the keys to number 10. It doesn't bother me one bit who wins as the world will carry on as normal and the attention seeking planks will move onto something else to moan about just to get a bit of cheap attention.

This is a Lloyds bb and it has been high jacked by a handful of sick attention seeking doomsdayers constantly posting negative rubbish to benefit their own agenda... What used to be a great popular bb is now only a known place for posting real garbage and no one even takes a look in anymore so a lot of you that are still left on here and its always the same handful are wasting your time chatting amongst yourself.. So So sad you must have nothing positive to do with yourselves...

Now the financial crash days are over, get over Brexit, the Covid-19 days are over, the high inflation days are over... the world has moved on get over it the economy has turned a corner and the shareprice for Lloyds is obviously going to move with the trend and all the technical data and charts and whatever you look at shows the trend is now a positive uptrend... And we will continue with the uptrend after the General Election next week...

Banks seem to be very popular amongst investors again as economic improvements continues. Once General Election is out the way it's going to business as usual. Regardless of what the doomsdayers say...

Yes agree the retesting of 57.35 is on, tomorrow's BOE governor will just confirm what we already know the rates should be left unchanged and the banks will now be in a sweet spot.

Rates unchanged more profits for banks

Inflation falling now at 2%

Economic conditions improving

Property market stable

Buy backs going great 👍

Dividend is OK

Strong retail deposit 💪

Lovely Jubely thank you Lloyds and once this election is out the way its positive uptrend all the way to 63p and then 71p imo and about time the last 10 years have been a bit sluggish so come on Lloyds

Looking VS in the recent vidio he does appear to be more positive and upbeat. And just from a general appearance looks healthier than some of the previous videos, maybe the sleepless nights are over now and his now ready for the trials to begin as he has the 2 pronged approach meaning more results quickly.. It's all coming together now and hopefully a bit more clarity at or around the AGM. Happy days to come soon

It's what they planned to do remaining shareholders should of sold last week when the warning ⚠️ was clear as day and even blatantly in the RNS on the 13th...

Definitely feel sorry for all remaining shareholders I wish I could recommend another share to get your money 💰 back Other than HEMO , I can't think of anything else which will make you some good money.

One thing I will say is never invest to much in one single company. I wish you all good luck with your next move

The last 4 weeks have been a bit tricky for the banks due to the surprise election announcement and we know the markets don't like uncertainty and then the French stick a suprise announcement is is well, we are now nearing the final 2 weeks of election campaigning and then onwards to polling day results.

Once we have the election outcome it will not matter who wins as its back to the office as normal and the media will move onto something else as they have been doing for decades..

Hopefully that will give the banks a chance to carry on with the up trend as the markets should have some clarity and I look forward to this bb going back to discussing bank related topics

The last 4 weeks have been a bit tricky for the banks due to the surprise election announcement and we know the markets don't like uncertainty and then the French stick a suprise announcement is is well, we are now nearing the final 2 weeks of election campaigning and then onwards to polling day results.

Once we have the election outcome it will not matter who wins as its back to the office as normal and the media will move onto something else as they have been doing for decades..

Hopefully that will give the banks a chance to continue it's up trend

Is anyone able to attend the AGM which is to be held on 27th June 2024 at 2.00 pm in London

It might be a good place to meet up once and for all and see who wants to vent some frustration and the rest at hemogenyx, as its your money at the end of the day..

I can bring the broomstick and black bin bags to clean up the mess afterwards lol 😆 😂 🤣

Long term holders have been let down big time and the suspension RNS on 13th June 24 absolutely put the final nail in the share it's dead now.. Main bit that killed it of was both options are going have the same loss for shareholders absolute 💯 % stitched up big time and I do feel sorry for the long term holders and anyone that had a substantial amount of shares..

Killer part of the RNS statement was wording to say its over

The Board is currently exploring and evaluating all options that may be available to the Company, including alternative transactions (including the Alternative Proposal) and potential sources of liquidity, whilst continuing to work to complete the original Sale.

Shareholders should note that the implementation of the Alternative Proposal would involve the parent company, R&Q Insurance Holdings Ltd., filing for a provisional liquidation in Bermuda and then completing the sale of Accredited to Onex through that process. The provisional liquidators would then look to realise value from the Group's remaining assets. The Directors believe that in such circumstances there would be very little, if any, chance of any value accruing to the Company's shareholders.

As stated in the Circular, if the Sale does not proceed on its original terms and the Available Net Cash Proceeds are not available to facilitate a financial de-leveraging of R&Q, R&Q will not be able to repay its debt facilities as they become due, and R&Q would therefore be unable to continue as a going concern.

In the event that the Company were to enter provisional liquidation, R&Q would request that trading in the Company's ordinary shares on AIM be suspended immediately. Notwithstanding any suspension of trading in the Company's ordinary shares, the Company would continue to make notifications as and when there are matters requiring disclosure in accordance with the Company's obligations under the AIM Rules for Companies and/or the UK Market Abuse Regulation.

I've popped a few doomsdayers brainwashing poster's in the rubbish bin for going the extra mile to knock the shareprice down by posting absolute negativity

Top slot goes to

MrIndia followed by Guiness25 with his headline grabbing negative posts absolutely greedy low life tactics to get investors to sell only to buy on the cheap... If you don't believe in hemogenyx or for some reason you don't like it then "F off" very very simple why take out time from your busy life to post your negative rubbish on here... I'm invested and will give hemogenyx the time it needs to progress to clinical trials and I'm happy to wait for as long as it takes simple the shareprice will go up or down that's not a problem at all as it has done in the past...

.. Added a prestigious US medical center to HEMO-CAR-T clinical trial sites for better scope and expedited timelines.

..Expanding HEMO-CAR-T to include pediatric AML and ALL, addressing unmet medical needs.

.. Development of multiple CBR constructs targeting rare cancers.

.. Progress in mRNA-based delivery of CBRs for airborne viral infections.

.. Advancing IND-enabling studies for CDX bispecific antibody for relapsed/refractory AML and ALL.

.. Pursuing non-dilutive financing options to support these initiatives.

Great update thanks Hemogenyx well happy with the progress so far on a shoe string budget 😊

Great to get an update good to VS cracking on with a additional 2 pronged approach 👍 👌 excellent thinking to speed up the process...

We have had a hand full of posters who I strongly wished did not get involved with hemogenyx and have killed of any chance of investors getting a good few day of shareprice rising the like of Bagger60, Suzi8, and MrIndia all pretend to have had shares yet rubbish the CEO and the company every day.. it maybe the same person with many ID'S what a priick.. sod of for a few months..

Anyway great to get an update 🙂 👍 onwards and upwards we go and hopefully start to save lives seriously..

Banks are now a very good buy as inflation down and the economy improving, buybacks doing well, dividend brings in a good return simple simple the banks are a BUY YES A BUY. And UK banks have loads of ground to make up compered to overseas more so US banks

What I don't understand is if some of you don't like the current situation and are not holding any shares in Lloyds then why do the same hand full of posters spend all week and weekend posting absolute rubbish... Are you paid or shorting or even looking to grab a bargain by slating the share or spinning your negative agenda for some other reason... I have had a great weekend and spent time at home with the children today as it's Fathers day. Absolutely amazing weekend and looking forward to a positive week ahead.. I honestly don't give a fling hoot about politics or any of the parties as who ever wins it's going to be the same as what we have been getting for the last 5 years.. Simple now stop stressing over popcorn and grow a pair of peanuts....

I know and as some of you know they have been struggling since mid 2022 and kept a lid on things assumed in the end and combined with the sale of assets everything would be OK during 2023 and 2024 however it's not gone to plan and big money is now over due...

This is going back to when R&Q required the funding to shore up its balance-sheet, after announcing around $30 million of adverse reserve development, a circa $90 million charge related to impairing a structured reinsurance contract that had been capitalised an a balance-sheet asset, and having used “meaningful” cash to fund additional reserve strengthening that was required, making the new funding essential.

It's shareprice started to fall way back in April 2022 and the holders who got caught out kept on selling at a loss or averaged down a few times thinking it will come good only to be let down badly with the worst RNS a nightmare for any investor...

I have been there a before and you get the feeling things can turn around from deaths door only to find out the hard way it's over..If the shareprice was much higher they would of been able to do something however that's not possible either now

Some impulsive novice trader's will buy without doing any homework or reading the last few RNS articles thinking they can make a quick 10 or 20% and they may buy a few grands worth a few times before understanding what they have just done... MM are very clever they don't give a flying rat about buys out stripping sells regardless size or amount they just drop the price regardless, and also widen the spread 25 to 50% that's telling you something.

Look I honestly hope it works out for all the trapped shareholders and like I said it's going to take more than a silver lining or a load of luck now.

I would say if a investors shareholdings are worth only a few hundred pounds now from tens of thousands pounds invested, it may be worth holding onto your shares, if you can afford to do that, just incase after a bit of luck and the sale of the assets shareholders may get a sniff of something... However if you're thinking of buying I would say think very very carefully and read the news articles and think about it,, out of the 2 options available both will leave shareholders with nothing.

So basically if they sell off assets they can't offer any value for shareholders nothing for shareholders or very little which means nothing zero in a more polite way

If they don't get what they want for assets they are bust and that also means nothing for shareholders. So basically they are finished it just a matter of time and the suspension RNS will confirm this.. I hope that this is not the case and there is a silver lining somewhere... Read notes below from share news tab

Discussions with Onex about a potential sale of Accredited, through R&Q's 100% equity interest in holding company Randall & Quilter America Holding, have been ongoing since October 2023.

Among the options discussed is the provisional liquidation of R&Q Insurance in Bermuda and then completing the sale of Accredited to Onex through that process. It would also request to suspend trading in shares on the AIM market.

"The directors believe that in such circumstances there would be very little, if any, chance of any value accruing to the company's shareholders," R&Q announced.

In the event that a sale does not materialise, the company would be unable to repay its debt facilities and would therefore be unable to continue trading.

@Jamrock

Not sure if anything will be left for shareholders in the case of Onex its in black and white that shareholders will not get anything. Shareholders are alway the last to get anything if anything. I would say if you have any funds invested it maybe worth holding on to what you have as it's already destroyed the shareprice. However for new investors looking to buy without understanding the financial position it's basically suicidal and game over as you will get suckered in thinking you might be able to make a quick 10% however the spread and costs will hammer you double that and your gona be under water straight away. You might have an early morning bounce on Monday morning and the would be my que to get out provided no RNS on suspension..

In relation to Onex I don't like how it's states in the RNS shareholders will basically get nothing unbelievable

Shareholders should note that the implementation of the Alternative Proposal would involve the parent company, R&Q Insurance Holdings Ltd., filing for a provisional liquidation in Bermuda and then completing the sale of Accredited to Onex through that process. """The provisional liquidators would then look to realise value from the Group's remaining assets. The Directors believe that in such circumstances there would be very little, if any, chance of any value accruing to the Company's shareholders.""" A few lines has basically killed it off for good.. I do honestly feel sorry for the shareholders who have lost everything and left with basically next to nothing and if they can afford to move on good luck to them..

Weekend tracker homework. Stay positive it's good for the old ticker. Have a great one.

https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2

Good to see a positive close 👌 👍 shareprice should of been a lot higher by the end of the trading day but it has been a tricky day infact its been a bit of a tricky week with all the doomsday posters paying particular attention to anything thats negative to get publicity... Well the shareprice is very cheap at current levels now and not many stocks out there that you can make a good return on.. And with fundamentals improving in the G7 and around the world the markets know Lloyds is cheap..

Never mind all this political nonsense it's been going on before you and I was born trust me you can look back as far as your mind can take you and it's alway been the same. And we have bb and social media to make some of us more informed of more rubbish... No WW3, No smoke or nuke bombs over the weekend, just simply eat and f@rt that's what all the leaders and everyone else is gona do over the weekend and the next few decades if they live that long.. Simple Simple simple

Now it's Friday and I'm gona grab some food and drinks and enjoy the weekend 😎

IT'S CALLED "INFLATION" IT'S DOWN FROM DOUBLE FIGURES DOWN TO NEAR 2% CHECK THE CPI FIGURES AND WITH THAT , THE CENTRAL BANKS BASE RATES WILL CHANGE WHICH WILL BENIFIT BUSINESS AND HOME OWNERS.. Canada & EU rates have just come down. So you can see things are now beginning to improve will see what the next few Central bankers meeting come up with it's only a matter of time now...

SIMPLE FUNDAMENTALS WATSON