RE: March 2024 Lloyds Banking Group Sale was £6 now 54p15 May 2024 06:10
Start again
This is the mid month call
Lloyds Banking Group 54p yes 54p What a bargain IMHO :)
Some on here say its high ,but so have sold out ,
but Lloyds has been that low for 4 years ,that people think that 54p is high ,but my opinion is that there is still plenty on movement upwards ,
still 10p below 2020 price when interest rates were low .
Ideally the interest would be better slightly lower for Lloyds ,say 4%
but Lloyds is making shed loads of money and the buyback machine is buying all them unloved shares :)
Now 6 days to go until Dividend Payment
Would be interesting to know what percentage of Shareholders reinvest their dividend and what percent of Dividend Payment is reinvested back into Lloyds Banking Group :)
For me I have said many times ,I prefer slow rise as I am here for the long term :)
There is loads of former share holder's on here giving large that the share price is high and loads who have never held Lloyd Shares and others who use this forum for Politics trashing
Hey Ho What ever Floats their Boat
So to round it all up this Company is still undervalued in my opinion ,but I like slow rise to allow the buyback program to benefit when the weak are flushed out
Love & Light
Chips
80p end of year :)