Member Info for fatprofits

I could work at intervals ).

N/m

Closing in on those 2020 lows?.

Far from used car values taking a massive hit, values in the second hand market,
particularly under 10k are rising.

MBNA purchase just at the wrong time in the cycle,
otherwise Lloyds arguably continues 20 years plus of wealth destruction for shareholders.

The current CEO has presided over a small % of that only gigantic two decade decline.

@ 1.627

My concern is what they say on liquidity and outlook, soon find out.

I'm Not clicking a Buy as too volatile atm.

Continuing to average down can be very dangerous imv -
that's in general terms rather than NEX specific.

I always try to give an honest personal opinion, even if long a particular stock.
And it looks more like a retest of 2020 lows around 6.20.

A vaccine looks the only way out.

With respect you sound like a trader (nothing wrong with that).

An investor is not usually concerned with weekly price action,
unless you are using the word "investor" in a very broad context.

If more capital was required because of delinquency rates on loans etc.

Yes aware we've had all the stress tests under the sun and to be clear I'm not
suggesting they Will need to, I just consider this to be The central issue to
an Investment case in Lloyds.

Of course there are multiple other factors, wider UKX levels etc, however over the
next couple of years whether new shares are issued is at the heart of any Buy case, or otherwise.
Luck to holders, cant really add any more than that to the discussion.

Will Lloyds manage to navigate the next couple of years Without
issuing more shares to raise capital.

If you consider the answer to be Yes, then you can arguably make a buy case.

If the answer turns out to be No, that may be very costly by diluting existing equity holders IMV.

DC, depends on what volume you are dealing in and what trade
commissions you pay.

Posts are not removed because people complain.

Read the LSE terms and conditions for posting on a public forum and every poster
should also be aware of the FCA Market Abuse guidelines.

Has any poster even given NEX a buy rec?, not that I've noticed recently, although I dont
follow this forum daily.

Dont fall in love with it
as it may not love you back.

It's the CEO selling his entire holding that made me think twice

Matt, it went over £2.70, if you were holding there was ample time to sell
higher up.

Detailed and fair summation.

I'm tempted to buy back a small amount.

I've seen a comment there is chart support around £1.30 a share.
Please note that IS NOT either a prediction or a personal price target.

If people are buying on the basis of a longer term view then I'm assuming they can live
with volatility. The time to review an investment decision is usually when something
fundamental has changed, or a stop loss is hit. For those trading it's very different.

As mentioned if a post has been removed it's an LSE moderator decision?,
they will Not just remove a post because someone did not like it.
It's removed (if that is the case) for a particular reason.

* free to post