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Lloyds is like a Young Man drinking 10-12 pints before entering a nightclub than pulling an old bird when there is plenty of totty around but he couldn't be bothered to put the effort in to find something decent I didn't mind mind paying .27 for an old one like Lloyds but anymore it's overpriced something like a share like Pinterest is young something of value and growth but when your pished anything looks attractive.
Make mine a Jamesons a double if you don't mind pushing the boat out
I've been waiting for a big dip just to top up . Lol. Looking at the holdings like plug power sunray and many on the list many are young firms that still are in their infancies huge initial startup costs eventually though these firms will start to flourish . These companies have no end to their potential growth absolutely fabulous composition of firms that tap into everything wind turbine hydrogen hats off to blackrock this has so much potential.
FTSE Analyst:
The 5 analysts offering 12 month price targets for Costain Group PLC have a median target of 75.00, with a high estimate of 80.00 and a low estimate of 63.00. The median estimate represents a 30.21% increase from the last price of 57.60.
100.0
200.0
High
38.9% 80.00
Med
30.2% 75.00
Low
9.4% 63.00
The FTSE analysts 12 month target have raised the lowest expectation by .15 that's encouraging also 3 analysts have recommend buy and 1 hold with no sells . Great that it is holding mid 50's thought I'd be waiting for the new year for that SP to reach this happy happy days . Keep the faith
If you look at history from the depression in the 30's 2008 crash etc . Banks love economic turmoil after the dust settles look at all them business and personal debt that needs to be leverage ideal breading ground for banks to prosper.
PPI regrettably was a harsh lesson for banks that ultimately the FTA were jointly to blame because they weren't doing what they were suppose to do regulate !! They only acted until the cracks started to appear endowment policies showing shortfalls from selling income protection to the unemployed to selling building insurance to tenants in council houses ultimately the banks got greedy. Also in competition with each other pushing how much commission they could get ruling earlier this yearc that all policies sold with over 50% commission can appeal has opened the floodgates again that will ultimately will hamper the recovery of banks compounded with market conditions low interest rates and record referrals people on here need to get some reality with the SP
https://www.gladstonebrookes.co.uk/blog/2020/08/12/ppi-news-another-massive-round-of-ppi-payouts/
I'm sure the way the government have organised and dealt with this epidemic I should imagine you'll get your first jab around September 2045
@retiredcopper
Lol mis sold PPI claims means exactly that when banks were charging over 50 % in commission and in some policies were being charged over 70% that is called extortion that why the FCA acted. PPI fraud was by third parties firms acting pretending to be legal teams that were targeting people who had taken out these policies and offering services only for them to be stung again
The 2 links below give good accounts both of the banks and third parties . The banks abused many people around 70 million policies were sold by many bank workers that were not qualified to Sell many to vulnerable people .
https://www.express.co.uk/finance/personalfinance/1320840/PPI-ruling-payouts-commission-fees-repayment-FCA-Plevin-Ruling-UK-2020
https://www.fca.org.uk/consumers/ppi-refund-scams
@ Summer of 2022 150-180
Wishful thinking next summer
Haha
The sells off on Friday for me just shows how impatient people are.
Costain apart from a few managerial changes have not had any real news of note that the price should rise like most stock has risen purely on the news of a vaccine.
when costain start to announce an upturn and show that they are making money from contracts this is when confidence returns to this share . It's good they are making these changes and hopefully a few positive statements from costain how present contracts are going would be a step in the right direction.
If the vibes that constain are running into trouble again and announcing contractual problems and what they describe as extraordinary circumstances than unfortunately they have became the norm than I wouldn't hessitate to Sell.
But at present full order book new contracts being announced they seem to have a foot in the door concerning the infrastructure for hydrogen .
For me them sellers on Friday have been quite hasty . Johnson already confirmed that huge spending to build the UK out of this so as far as I'm concerned the SP on here will start gathering pace and I for one even though when it hit as high as .56 on Friday and I'm up over 20k up. it would be monumental mistake to sell I'm looking at minimal. .75 for next summer and hopefully Costain will start to announce profits in work than push this further forward tgan when consumer Staples are struggling and costain has a full order book I'm expecting new investors and want 150-180 by the summer 2021 .
Looks like the Welsh have made progress .
Cardiff University after 9 months of research are at this stage!!!!
https://www.bbc.com/news/uk-wales-54971650
Rumour has it Falklanderinvestor was offloading
Raleigh
Yeah I don't get the sell-offs this went 32.4 on the 2 November certainly few buyers that day now it's heading north they've been quite a few offloading. I've gone from 9k loss on the 2 nov to now a +16k at present if the fste analysts predict a medium of 75 in the next 12 months that's good enough for me . No doubt this would/could have fallen below 30 if there was no news of the vaccine that Wouldn't have bothered me i was resigned to put these in the bottom drawer and look again in the near distant future. They was a lovely quote on the Lloyds BB that summed investing to a treat.
"The stock market is a place which facilitates the movement of wealth from the impatient to the patient"
Well it's Good that they've acted obviously the last CFO wasn't exactly good at the job or else they might have flagged up the 100m shortfall.
Just a thought to share with my fellow investors that want tomorrow to come today
Patience patience and more patience is the key.
"The stock market is a place which facilitates the movement of wealth from the impatient to the patient"
@Raleigh
I don't know about a single energy company but my brother in law recommend me to buy ishares global clean energy ETF that tracks about 20 companies it is relatively new ETF but has increased by 100% in a year and more impressive is that is has risen 36% in the last 3 months when the market has been relatively flat there is a list on black rock website of the companies many also are hydrogen that you seem to be interested in good luck .
@WISEBEAR
"The stock market is a place which facilitates the movement of wealth from the impatient to the patient"
Best piece of wisdom written on here WISEBEAR all of us should practice
Patience patience as Warren Buffett said " if you are not comfortable keepng a share for 10 years you shouldn't keep it for 10 min"
@Raleigh
Hydrogen stations underway in USA
Mitsubishi already building 3 in usa
Says it will run primarily on natural gas first and testing will take place of blending .
https://www.bloomberg.com/news/articles/2020-09-02/mitsubishi-plans-three-hydrogen-ready-power-plants-in-the-u-s
@francos
Surely you can wait
Galliford costain Balfour even kier starting to slowly climb . Is this now the start of the construction industry recovery showing real strength now when the market is flat and these consumer staples start declining further . Kicking myself didn't put more on when it fell under 33 but didn't have the nerve
Ftse has put the medium with predicting medium of 75 and a high of 105 in their 12 month forecast.