Member Info for fleccy

"Never be frightened to take a profit has been my mantra. You never get in at the bottom so why believe that you'll exit at the top, unless you're a buy and hold (forever) type investor."

I agree in taking profit when the tme is right, but there's no damage in holding stocks long term, that are paying good dividends. Dividends re-invested are a form of growth, in my opinion, since they increase the size of your holding, increase the size of future dividends, and increase the capital gain when you're in profit and sell.

"It may drift lower, increase or plunge and the way things are going it's looking more like the latter."

That would probably depend on where you're invested, US growth stocks are well overdue a huge correction, much bigger than 20%. If you listen to the beat of the drums, as they get ever louder, value and dividends over growth is what I'm hearing from analyst commentary.

WHO CARES?

Lloyds are releasing their resilts tomorrow, can we give the politics a rest?

"Imho..you should never be put in a position to be a forced seller of assets such as shares,property etc."

Hence the reason you keep enough savings to cover emergency outlays, and your monthly income more than covers your spending requirements.

"Al-Rayan Bank leads the way with a 2.11 per cent rate for its one-year account.
Someone stashing £10,000 in either account could expect to see a return of £211 over the course of the year."

At the current price, around 46.5p, you could purchase 21,376 Lloyds shares, with a FY22/23 dividend above £427, and the chance of making capital gains. It's a no brainer, as far as I'm concerned, most of my cash is invested during the current high inflation environment. Equities are a hedge against inflation, so cash savings should only be used as backup for emergencies in my opinion. I have very little in cash savings currently, less than 5% of my total investments.

Maybe It's because it isn't something i'd normally pay attention to.

I don't remember seeing such an concentrated drop, driven purely by ADR prices.

"Good old America screwing the shareprice again !!!!"

You're correct, my Vod and Lloyds stock both show a sharp drop, whereas BT has now de-listed in the US and didn't show the same drop.

"Markets have to drop around 30% at some point to get back to their long term trend lines."

Compound, I respect your views and I also understand the saying, "when the US sneezes the world catches a cold", but the FTSE hasn't seen the same overvaluations seen within the US markets over the last 10 years.

https://www.google.com/finance/quote/UKX:INDEXFTSE?comparison=INDEXDJX%3A.DJI%2CINDEXSP%3A.INX%2CINDEXNASDAQ%3A.IXIC&window=MAX

It isn't written in stone that the FTSE will follow the US down, and various stocks may benefit from a rotation between markets, sectors and categories of stocks. You could be right, but jumping out now doesn't guarantee success since the FTSE is currently undervalued anyway.

"Rambo back in 2014 / 2015 the share price hit 80p plus"

It went into the high 80's in 2015

https://docs.google.com/spreadsheets/d/e/2PACX-1vQ5XnQlPrZhna9v2wqvOpb0X_EogtL5xhlW8dkgtcbi5iCqUDmQB2vdARk89IzYNxkK2e25MckrSC-7/pubchart?oid=1100176233&format=interactive

"Yes you are missing something .. Every trade requires a buyer and a seller."

It's just market terminology, a Buy is classed as a trade that goes through, at or above, the Ask price. A Sell is a trade that goes through at, or below, the Bid price.

https://www.thebalance.com/understanding-bid-and-ask-prices-3141317

"Thanks for that Fleccy.....but surely if there's more buyers then sellers the price should go up.."

You'd think so, but my guess is if trades are pushed through below the Bid price, and buys only just meet the Ask price you could drop the price even though you have more trades at the Ask price.

"Fleccy, that is your opinion, as I said we are entitled to our views or do you want everyone to ramp this share, it would make poor reading, don’t try to silence other’s opinions because they differ from your own. I would have expected better from you as I viewed you to be an intelligent man."

I actually consider myself average intelligence, but experience has taught me to investigate the facts before making a judgement. To describe a stock as a "Dog" without any supporting analysis, apart from saying it's rubbish because it's underperformed is meaningles. As I stated in a previous post, investing doesn't have to be all about capital gains alone, dividends also give a return on investment. Re-investing dividends could be likened to growth, since your investment is growing as you reinvest, and that re-investment adds to your capital gain during price recovery above your book price.

"Hi all....Am i missing something? but on Friday nearly twice as many shares were Bought then sold and yet the share price goes down...must be a reason for that ideas anyone..."

Bought/Sold, Bid/Ask seems irrelevant these days. The retail investor is playing in a casino where the tables are rigged. The market sets the price On Exchange, but all the big money trades are executed Off Exchange. You have Off Book trades, Derivatives, CFD's that the big players use, but their price is based on the On Market price. This is just my opinion, but I think the big players use Algo's to move the On Exchange share price, but do the really big deals Off Book. If you think about it, the Algo's can move a stock price either way using quick fire small trades, when normal volumes drop off during the trading day. I think the big players have more than enough tools to move the price of any stock, and it wouldn't be illegal. To my mind all trades should be On Exchange, which would then show a true trading price reflection for stocks, since the big players have an arsenal of tools to manipulate using On Exchange price to set Off Book trades.

"Fleccy, are you feeling bitter because Lloys is doing badly, just remember, it does not make any difference to the share price if we air negative comments on this board but we are all entitled to comment either way."

Every stock I've ever invested in, over many years, has took a dive in price immediatly following my initial purchase, it would appear to be my superpower. It doesn't bother me sitting on a paper loss, because I'm conditioned to expect it; Here's the thing, all my unfortunately timed investments came good over time and gave me capital gains as well as earning dividends. I haven't felt bitter about my initial Lloyds investment, dropping due to covid/Ukraine macro events, I've nearly doubled our holding for much less than the initial investment. You wont read me complaining, I'm taking advantage of the drops and topping up like mad.

"Ramvo, keep up the good work."

Haha. Walkersworld, are you Ramvo's supervisor, is he earning his bonus? lol What a sad bunch, who attempt to persuade investors out of a stock with repetitive negative commentary. Probably the type that stands at the bottom of a building and shouts jump to someone stood on a ledge.

Since my last top up, Lloyds is now my largest holding, and once it hits 60p my capital paper gain will be just short of £38,000. Should it climb back to 80p, i'll have a capital paper gain of over £113,000, so I'll hold off on calling it a dog, when it's currently undervalued like so many other UK stocks. While i'm waiting to reach my goal of 80p, around the 2015 level, I'll just keep collecting the dividends. My Lloyds dividends alone will bring in more than £8000 in FY 22/23, as part of the £20,000 in total from our UK dividend paying stocks.
My classification of a Dog share, is one that's purely focused on growth, doesn't pay a dividend, and takes a massive dive in price after retail investors have ploughed in, most recent example is Netflix.

"RE: THEToday 15:23
I've also noticed recently that we appear to have attracted a few anti Lloyds Banking Group posters

Name and shame or shut up! lol."

Some attack the banking sector, in general, rather than Lloyds directly, but most recently:

oiky
"This share is an absolute dog which is going nowhere. "

Ramvo
"this dog donkey still on stupid 46.11"
"i know people would say pull out then wish i could will loss 80% if i did trapped in this dog in this ****ty sharei know people would say pull out then wish i could will loss 80% if i did trapped in this dog in this ****ty share"

skier1
"British banking is in unstoppable decline."
"LLOY is never going to be a rising share in a declining sector."

You might say that everyone's entitled to an opinion, but these type of comments are posted without any analysis backing them up. Some posters will claim to hold stock that they continually refer to "as a dog", but no mention of why they initially invested, or taking into account fundamentals, and how cheap the price is. I don't believe anyone who claims to own a stock, and continually refer to it as a dog, expecially a stock that pays dividends.

"unless of course you really are convinced Nick Read is as good as you make him out to be ?, but that choice is yours of course, so we will just have to hope it will improve, the share price certainly hasn't improved since Nick Read took over in 2018, but you may think differently about that"

Vodafone are being pressured to reorganise by the big players, the not so veiled threats against Reid are part of the same strategy. In my opinion, It suggests some big players are wanting to inflate the stock price over the next couple of years, probably with the intention of taking profits. If my speculative guess is correct, and Vodafone succumbs to the pressure we could see some good upward price momentum in the medium term. I can't see Vodafone going any lower, unless there's something hiding out of view.

" The most likely way to make money is to buy & hold."

That's my thinking too, Ive spent a lot of money topping up shares since Covid and Ukraine, now I'll just collect the dividends and await the eventual price recovery of UK shares. My assumption for VOD is somewhere between 16 and 230p, BT over £3, and Lloyds 70 to 80p.