Member Info for checkricky

Barcs buyback and Divi = 5p and beats street estimate what more does anyone want blood, it's a move in the right direction

I think if a banks share price is very cheap then it's a prudent move to focus on buybacks which is a massive plus for the share price,,,, Don't let anyone put a negative spin on it....

Roadmap to getting the economy up and running coming on Monday is well this will be a time everyone will be talking about saying they wish they had bought more shares when they was cheep as chips if fact a bag of chips cost more.... Buybacks is the way and the divi is the icing on the cake......

Well disappointed with todays wobble
Just need the US and BoE to keep there gob shut for a week or two

That's it for today,,,,, tomorrow should be very interesting

Agree FF tomorrow will be a eyes and ears open day for sure

I have always noted US always playing funny buggers when the UK banks are at an important stage around every quarter and full year results.. or it might just be me Funny BofA doing well in my portfolio...

Cannot believe it!!!

US futures weak as it comes closer towards the open...

Is this sector taking the pis or what not when its all about the earnings in the UK banking sector

what with the timing Get back up you stallion never mind what the US are doing they are at record highs we have not had anything positive from the rise in s&p so come on do your thing.... UP you go

Brugel As posted today at 09.08
If you look back the Feb/ March 20 charts for the UK banks you will note
Barclays is now only down about 12% from the Feb 20 levels
NWG is now breaking out and at 2nd March 20 levels (trying to but getting pushed back today)
Lloyds has a long way to go if fact it should all ready be at 45p now

So on a level with all other banks pound for pound plenty of upside for Lloyds left...

We will see what the results bring. I do think the biggest riser out of all the banks will be Lloyds onwards and upwards from here.....

Ref: Barc results it's more so to do with the Divi news and any loan loss provisions not expecting a big rise for Barc as it's share price is already ahead of the game. However Lloyds is still about 15% behind Barcs looking back at Feb/ March 20 share price movements. As always good to do your own homework

https://uk.finance.yahoo.com/news/uk-banks-earnings-season-full-year-2020-dividends-barclays-lloyds-natwest-hsbc-000100963.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALS_cAOdK2paXaOzhvA0ZLf-EXCPZlOCHwkdqNtqQKowj3GQqAuizOm7IcwYnf8aHTQxd7zGY80IbPFqTgr8005fMt9Wn-AKCvxYXj1TMvuklTqz2jvZqKn7otIIFebhwbATPJix9KUPvjre02_GF1hgbx8op_wFRmvgY_QhZ4oS

US futures are all positive now
Ftse off the lows & looking to turn positive
Lloyds off the lows of the day
The pound is off the lows of the day
Gold is under $1800

Ducks in a row!!!!!""""" We are moving up at last for another attempt at 40p+"""""""

1)*Plenty of positive news ref to the strong housing market and
2)*BOE now looking to relax negative rates
3)*More help with for business rates coming
4)*A roadmap to lifting lockdown with support for sectors hard hit possibly until economy fully up and running...
And we will get more in the coming days
All the ducks are lining up now for the 40+ close hopefully pis in the wind weak sellers have wet there boots now and as they say time to fill your boots back up b4 you miss the boat

https://news.sky.com/story/average-uk-house-price-surges-by-8-5-to-hit-record-high-in-december-12220686

Strong Housing Market, UK house prices data from Gov .uk site direct and not from a SM site

UK house prices increased by 8.5% in the year to December 2020, up from 7.1% in November 2020. On a non-seasonally adjusted basis, average house prices in the UK increased by 1.2% between November and December 2020, compared with a fall of 0.1% during the same period a year earlier (November and December 2019).

The UK Property Transactions Statistics showed that in December 2020, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 129,400. This is 31.5% higher than a year ago. Between November and December 2020, UK transactions increased by 13.1% on a seasonally adjusted basis.

House price growth was strongest in the North West of England where prices increased by 11.2% in the year to December 2020. The lowest annual growth was in the London, where prices increased by 3.5% in the year to December 2020, down from 7.0% in the year to November 2020.

The Guardian reports Negative interest rates will be off the agenda now

The Bank of England is unlikely to be alarmed by the pick-up in inflation, our economics editor Larry Elliott explains:

It would come as no surprise to see inflation rise further over the summer. Many consumers are cash-rich after being deprived of spending opportunities, and a lot of businesses are clinging on by their fingertips. The combination of the two is likely to push up prices. Brexit will continue to have a temporary upward effect on inflation.

Rising prices would only prompt a marked change in policy from the Bank of England if there were signs that it was leading to a surge in wage inflation. That doesn’t seem all that probable, given the sharp rise in unemployment over the past year. But the Bank will start to think about how and when to unwind some of the emergency stimulus it has been providing. Negative interest rates will be off the agenda.

Business rates help maybe extended for another year as Scotland has extended its business rates holiday for another year, piling pressure on Rishi Sunak to follow suit ahead of next month's Budget. ... HELP IS ON HAND FROM BIG NUMBER 10/11 BOYS......

Should be a good finish never mind the negative squad with the same old stuff greedy sharks want your money I will not give a penny will hold for glory .....

https://www.telegraph.co.uk/business/2021/02/16/pressure-grows-sunak-scotland-extends-business-rates-relief/

40p + is coming Love it of hate it, once weak have moved on now big buys already coming in now!!

Should be a good close when US opens for the 40p icing on the cake finish

Happy hour selling over and done now buyers and holders lets start to move up past 40p

If you look back the Feb/ March 20 charts for the UK banks you will note
Barclays is now only down about 12% from the Feb 20 levels
NWG is now breaking out and at 2nd March 20 levels
Lloyds has a long way to go if fact it should all ready be at 45p now

So on a level with all other banks pound for pound plenty of upside for Lloyds left...

We will see what the results bring. I do think the biggest riser out of all the banks will be Lloyds onwards and upwards from here.....

Ftse down due to inflation ticks higher no big deal

Banking sector on the rise today..... bed wetter's moving out and real buyers moving in ......

https://www.cityam.com/ftse-100-dips-as-uk-inflation-records-surprise-jump/?utm_source=dlvr.it&utm_medium=twitter

https://www.bloomberg.com/news/articles/2021-02-17/u-k-inflation-ticks-higher-with-household-goods-food-costs?utm_medium=social&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&utm_source=twitter&utm_content=business

All the ducks are in a row and ready anytime today hopefully

Just have to wait for the weak overnight bed wetter's to sell out and move on and the real buyers move in

Anyone who missed the 30p boat never mind hope you get a good price in the 40's over the coming days
70p in it for the journey

JG lol

Over all was a positive day that's what matters.... Tomorrow should be a fun squeaky bum trading day before banks results start coming in.......

Time out now traders..... Stay positive

Thanks checkricky for your 'reasons to be cheerful' and not disagreeing with any of them, just wonder how much will be cancelled out by my equally valid points.

Appreciate all views and opinions on here.

2Daman your welcome, only time will tell and 31st of March is a key date if no delays for London city bankers, as well as a lot of important date in the next few weeks which will move banking share price and point in a direction one way or another
However I do feel Lloyds is a lot more so a domestic lender and works hand in hand with the UK economy so it's all about getting everyone back to work taking the pressure of the Government and the taxpayer, GDP and the housing market as being the biggest lender. And all of the usual politics of course....

This is defo going to be a You're only supposed to blow the bloody doors off moment tomorrow that's for sure ok as long as US or Asia markets don't chuck a spanner in the works.....

40p Breakout
1st attempt was on Wednesday25th Nov 20
2nd attempt was on Thursday 24th December 20
3rd attempt should be on Wednesday 17th 21 as the charts showing a bullish move up now a bit late but still a welcome one

https://www.youtube.com/watch?v=8g_GeQR8fJo

UK death rates today 799 was above double that a few weeks back so shows vaccine is working and thing are improving
UK has recorded 10,625 new cases was triple few weeks back so shows vaccine is working and thing are improving
Over 15.5 million vaccinated now all cogs are now turning to get life back to normal ....

Schools in Scotland to begin on Monday
https://news.sky.com/story/covid-19-phased-return-of-schools-in-scotland-to-begin-on-monday-nicola-sturgeon-announces-12219913

Watch this space if you think this is going higher.........""" 40p broken very soon"""....

After a little wobble over in the US, UUUPPPPP she goes now