The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It's hanging around today like other banks waiting for boe news that's all... Nice climb this afternoon hopefully.. Then back to a slow climb to around 38 for results day
Must admit with the rises over past 2 days I'm disappointed that lloyds is below yesterday's opening... Promising then pull backs to low gains.
Hope it gains better momentum throughout this month as I'd expect it around the 37/38 level pre dividend news end of month rising into the early 40s in March
UK shares aint overvalued though arent they this is it.....Gamestop has been going no time and its valued more than Lloyds..LOL its ridiculous how it is valued so low...its mortgage book is worth more than its cap.
The UK market has a lot of catching up to do.
its amazing how the ftse falls with the DOW unyet dont mirror it when it gains.
something needs to kickstart the UK enthusiasm or we be regretting coming out the EU...we are stand alone now and the govt talks us down WTF.
And ppl voted for this shower to take us into the world alone...I hate the EU but voted staying in cos I knew our leaders arent capable.
I'm invested here and in Reach but that's it in UK.... I've plenty in the US market and am down here with Lloyd's but up on all others... The UK government should look to lubicrate the UK by breeding confidence in investors to invest and people to spend. Instead they put a negative spin on pretty much everything... In the US they look forward not back the markets should partly reflect the future...it pretty much sums up the difference in people where I find brits only seem to see the negative in things.
I feel this country has no way forward any longer and will be out of the G8 in the not so long future.
The current situation to me breeds so many new opportunities for the world to move forward in a sustainable way with new sectors opening up... All I hear is jobs will be list, homes repossessed etc etc... The government are paying ppls wages, propping up profitable businesses and also stopping repossessions and we have low interest rates... Poorly run businesses will go that's the nature of the beast.... New ones will always replace the bad ones.
to me UK doing quite well in reality but markets reflecting our negative govt... The US doing poorly in reality but the US govt positive on where they going...wish ours stopped the negativity in every area through the media as it is holding us back.
Can't see anything in pipeline to take up???... Likelihood of dividend, govt getting through vaccinating, New US president who will throw a trillion at economy which will knock on now we out of EU, UK govt wanting ppl to spend to get out of this mess means they will create environment to allow this, UK govt to create and stimulate London as financial hub of world... It is now but do much positivity... Take the eyes away from the News and look at other countries and how some are coming out of the mess.
Don't see much negativity here at all... Lift your heads up and see the bigger picture.
The world will believe it or not be better for this with new sectors opening up and ppls attitudes to life changing.
The Ftse is one of the worst main performers worldwide in last year with so much potential for rises.
As much as I agree Tesla is overvalued I think it'll be another great year for shareholders.... Double surely not!!.. But could easily
So hands up who predicted a 5% drop today... On this and other boards no one did yet all claim to be experts.. Prives no one has a clue and mainly its guess work.. So who woke up this morning and thought I'm going to sell my Lloyd's shares.. No logic really... I've invested around 20 yrs and never thought it this morning.
This is the big issue with the UK... Negative news always... The govt needs to be more optimistic and look forward this does reflect in the indexes look at the US markets.. We really need to look more positive... This covid issue needs to be sidetracked and start moving on
Agree Falkland everything suggests we should be in the 40s... The dividend ain't gonna pull investors in the bucketful and anyone suggesting are kidding themselves... The negativity from our govt is a huge issue... The US always come across positive and that's why done stocks despite covid are still doing well.
Out country is a joke I'm sorry.. I used to be a proud brit but these days am embarrassed.
Maybe I'll start looking at myself as Welsh solely but our govts even more negative.
Apart from a few of the ftse 100 stock's most are well down... Yet news of ftse flying is far from the truth... I have made most of my money in 2020 in the US markets but despite worse conditions there there are always opportunities to make money... I thought brexit was holding back outside investment but today proves that to me the ftse is finished as a place to invest money... Other borses offer far better opportunities... Our govt just has no idea to create the environment for foreign investors other than billionaires buying property in London.
And the banking sector don't really need anything in the brexit deal as its an international sector... Lloyd in the main relies on a strong UK economy and the removal of uncertainty.. That's what has kept this back.
Uncertainty lifted even though we don't know the details has happened as the ftse shows this morning... Good news in the US which lifted their markets and vaccine on horizon what's not too like.
As we were all predicting so like I said ways gone wrong.
I'm suggesting a climb later on and slightly touching 40 by end of week.
Funny that none of you mentioned the nothing about the financial services in the brexit deal since Xmas eve... I'm trying to Pont out that none of you got this right at all in fact complete opposite.
Winstanley the brexit deal is positive take a look at the ftse
I'm talking in regards to everyone on this board.. 90% of you were all in the where in the 40s will we open... I personally thoughtvecmay touch 40 but no more... I'm amazed how you all change sentiment so easily its unbelievable tbh... What it proves is in the main not one of you have a clue what you are talking about.
All the negative points this morning you are using for the fall was with us on Xmas eve yet none of it was in the chat since then. Lol
Only just checking to see how much I've gained and I'm down??.. So what's gone wring as last few days we were all wondering where In the 40s this would open....
Nothings changes in fact news of the vaccine is extra so what's changed the sentiment.
Any explanations would be welcome.
There is no deal as such though....we just need out and in reality that is what the ppl voted for to cut ties with the EU.
The issue is and has been for years the uncertainty, most ftse are inernational and all talks about price hikes and traffic jams are scaremongering.
Lets just get on with it and let the ftse recover as its been held back for too long my mind games...other indices are doing much better over the time.
Like I said yesterday will likely drop today as the brexitvwill keep stocks lower.. Checking your balance is a bad idea... Look for the low and buy more.. Its the waiting game as any brexit deal will higher all stocks now as its obviously been pointless negotiating with them.
I'll check the sp at close and likely be above 120.
j5dev...yes youre right a no deal is already priced in, may knock it a bit as the market overall will be down but the uncertainty has kept so many blue chips down.
The market wants a decision. there is no deal as such just no deal with the EU..the Aussie route is a decent trading opportunity for us..the EU needs us more and they know it I think the Aussie route is to kick them on...we will see.
Tomorrow could go either way I admit...im feeling a drop may be on the cards but I have no interest in tomorrow as my main target of £2 will come within months.
If you keep panicking you will lose money and miss opportunities..understand why you invested in the first place and long as the fundamentals are still there just wait.
RR is cash rich right now and is getting very streamlined for new opportunties post brexit...the govt will have big ideas to throw at RR and any drop tomoz could be offset by a good brexit agreement.
If this falls I will not panic and wait for my healthy profit in the very near future.
If I sell here will happily say so.