Member Info for Grayling

Are up again to 6.53% and six institutions as of 9th Jan wen JPM increased their percentage. However the true figure is actually 7.02% as ODEY also retain a 0.49% position from last November. However, because this falls below the 0.5% threshold for reporting at Short Interest Tracker it is no longer included in their running totals. Mmmmmm

BB You seem to like making sweeping generalisations about those that might need council housing, such as implying that these people are "mostly scumbags who smoke weed all day" and are only fit for trailer parks. The requirement for a certain percentage of new (private) developments to have a certain percentage of "social" housing is indeed a lousy system of provision, but this is not the building of new homes by local authorities at all it is simply a failed attempt by the government to manipulate the private sector. As pointed out earlier, the failure of LA's to replace the housing stock sold off under RTB was due to the fact that half the money raised went direct to central government. My family was brought up in a council house as were those of both my parents. All were ordinary working families and were not in receipt of any state benefits. In my father's case he was unable to get a mortgage due to ill health and council provision was the only option. In his case the ill health (heart attack) did not prevent him from working and he continued servicing aero-engines in military aircraft as a Rolls Royce employee until he passed away. Despite this he would never have had the chance to own property of his own. Perhaps you should direct your comments to the Katie Hopkin's blog as I am sure they will be much better received there than on a board supposedly dedicated to the prospects of investing in LLoyds bank.

Nick Read and his state-owned enterprise (Post Office Counters Ltd) have nothing to do with Royal Mail Group at all. This just means that the government have p****d £58M of taxpayers money up the wall settling a legal case that should never have been brought in the first place had the organisation come clean about the failures of it's major IT system and the unwarranted accusations of fraud that resulted. The former CEO was given a CBE though for presiding over this disaster natch.

Skindle, I am not nor have I ever been short on RR (or any other stock for that matter) and if you had looked at my opinion on that particular post it was "hold". While you are right that RR was £11 in Aug 18 and that is a fact, it is also a fact that it was just over £5 a couple of years earlier, so it is totally irrational to base your opinion as to whether RR is a buy or not on relatively recent highs and lows. I currently hold RR at an average well below £7 and will continue to hold. I am fully invested for this tax year so will not be adding any stocks to my portfolio until next April, although I may trade if needs must without any new money going in. I am in the happy position of share dealing being a "hobby" rather than a necessity, with the majority of my assets held elsewhere. However, I am sympathetic to those who rely on equities for income and realise that selling up may be the best course of action for some. Good luck with your future trading and investing.

Never set foot in one m'self but the fact that they are pushing a plant-based diet means that the writing is on the wall. Still Greggs got there first with the old vegan sossage. Just put in an order for a Tesla Model 3 (high performance spec) tho. Took a test drive in a workmates last month. Zoom bloody zoom 0-60 in under 3 secs all wheel drive and regular performance upgrades over the interweb what's not to like?

The Competition and Markets Authority has given the thumbs up to Ovo Energy breaking into the top six energy suppliers by buying the retail arm of SSE. It said it will not open a second-phase investigation into the £500m acquisition. Bingo lets see this motor on now the millstone has been removed!

Saying that any share is "cheap" just because it has been higher in the recent past (£11 Aug 2018) is possibly the most irrational and crazy argument you could make! RR was just over £5 in November 2016 so does that make £6.90 a share expensive? No it clearly does not.

How come Germany can increase its manufacturing exports to NON-EU countries by 4.6% and we are stuck in the doldrums?

SOCGEN CUTS ROYAL MAIL PRICE TARGET TO 200 (208) PENCE - 'HOLD'

M&G Investments is suspending dealing on its Property Portfolio and feeder fund thanks to “unusually high and sustained” outflows. Could be the reason for the sudden drop in the SP.

This board has gone beyond the surreal and is now probably the most lunatic on LSE (and that is saying something having read the Lloyd's board recently). I have this mental image of all these OAP nutters crawling through undergrowth in Surrey armed with telephoto lenses...................You just couldn't make this stuff up. Hilarious, should be live on Channel 3 :-)

Yes there will be a point where RR is a buy again, question is when will that be? It is not just the Trent problem that is weighing RR down at the moment. Trump is doing his best to suppress demand from China (which is a major expansion market for civil airliners) and from recent tweets his trade wars will leave no country unscathed. Boeing is still in a funk over the Max and the climate change lobby are exerting increased downward pressure on civil aviation. Like it or not, the latter is gaining traction and people are likely to fly less. It may be a couple of years before things start to change if at all and this could dip sub £6. A lot depends on Trump's re-election prospects and how the world navigates through the current hostile and unpredictable economic storm.

Are you the guy that phoned into the Farage radio show claiming to have been an ardent brexiteer until he had suffered a life-changing event? When asked what it was the caller stated that he had been kicked in the head by a horse! Hilarious

All that this says is that Lloyds one of many decent income stocks in the FTSE100 and should be part of any diverse and balanced portfolio. Sticking all your eggs in one basket like Lloyds or even in one sector by holding Lloyds Barclays or HSBC to the exclusion of other dividend yielding stocks is IMHO a recipe for disaster.
PS: this thread is a bit "on-topic" for this board surely?

At least Boeing is beginning to acknowledge the magnitude of its failure to prevent a single (albeit rare) set of circumstances leading to the loss of an aircraft. No doubt heads will roll and the corporate culture will have to change. However, the resolution of the issue and an end to the fleet grounding, while not directly impacting RR, should restore some confidence in a sector which is under pressure from a variety of sources and have a positive impact on engine sales and fleet investment/expansion.

U_D Maybe yes, but certainly not for the dividend, which remains pitifully low.

Woodford's shuttered Equity Income fund to be wound up by January. He recently bought into Lloyds (Oct 1st) so these will be dumped back onto the market ditto BATS, BT, ICAG, RBS and LGEN. Must admit I thought about buying in when he started up, glad I did not.

Questor column Daily Telegraph: Why we are selling Woodford Patient Capital. "The time has come: we are pulling the plug on Woodford Patient Capital. "Why have we run out of, well, patience? It’s quite a list but the first reason is simply that we think the shares have further to fall".

I agree that does not look like a good sign for Lloyds. Woodford seems to unerringly pick the duds, even when buying back into the FTSE100 to cover his other manifestly stupid mistakes. Feel sorry for all of the poor suckers who followed him over from Investco. There must be a lot of broken dreams and doomed retirements on the back of his folly.

Little of it about I am afraid. On top of RR's ongoing technical problems and the uncertainty over Boeing and the USA/China trade war we now have a worrying survey that suggests the climate change agenda will impact severely on the public's willingness to get on a plane. In a recent survey conducted by UBS, 21% of respondents (USA and EU) stated that they had deliberately reduced the frequency with which they used air travel. So called "flight shame" could reduce Boeing/Airbus orders by up to 110 planes each year and cut passenger growth in the EU by 1.5% per annum and by a greater extent in the USA where 26% of respondents stated that they had reduced the extent to which they used air travel. The survey was conducted in May of this year and UBS stated that if anything negative attitudes towards air travel had hardened since then.