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What a classic,example of fear creates obeyance Everyone seemingly in the great british public cannot aford their utllities bill,that is even before they have gone up. however as usual the great BBC has joined in the extremism preached by the opposition parties. They make great lay saying that energy bills could go upto 5000 a year, what they do not say is what kind of property are the figures based on,after all it could be anything from a bedsit to a mansion. Another grest example of the media being there to sell stories or newspapers,and never let the truth ruin a good story. I may be wrong but I have yet to hear anyone,of the people,most of whom have got degrees in things such as boiling eggs,ask or even think of this question
Typical Britain of today, everyone is saying I cant pay,the taxpayer has to help me, just like they do with food banks,childrens meals,and everything else. Not once has anyone,asked,what can I do to mitigate the problem. There must come a time when the people have to start looking after themselves. If they need instructions,then maybe some school children from places such as afghanistan yemen or africa They seem to have more savvy at their young age than a large number of english wingers. To parody Kennedy, think not what the country can do for you,but what you can do for the country. A good lace to start would be to knit a jumper As a long sufferring taxpayer,I have had enough of working to subsidise scroungers who sit in pubs telling everyone what fools workers are enough is enough
doesnt matter who we get the system is broken,and is not fit for purpose, If anyone was serious,then they would first get their own house in order. Every department is overmanned,The NHS being the worst,it takes 2 meetings with 5 managers/directors to allocate an empty bed,when the matron could do it as a matter of course. Police commissioners have nothing todo. Councillors are now carereer councillors,most of whom are unemployable. Just by addressing these few things we could save millions,never mind about votes the country is more important. We also need to reign in the unions after all the train drivers are on terrific wages for what, basically an unskilled driving job. Bring in a secret vote system to the commons,that way we may get some sense not just decisions which are most likely to keep the ms in a job at the ballot box
All the talk of recession somehow does not ring true,What I would like to know is whos brilliant idea were food banks. Could it have been Russia,China EU for after all in a few short months they have convinced people that they are poor and hard done by, and created a large tranche of people,who no longer have the abillity to fend for themselves,a basic instinct which is carried out by pre- teenagers in places like middle east,Ukraine ectra. Perhaps if Ukriane were to open food banks in Russia under cover,the russian people would become less supportive of Putin in a very short time,and for less than the cost of a missile,de-stabilisation of russia would begin in the same way as it has here
Another populist tax,which just like the covid help will bite the goverment in the ass. The only result will be higher fuel prices. If we as ordinary people face a budget crisis,the first and obvious thing todo is to cut out the unnessassary things in life,not increase the burden on the essentials. Maybe it would have been better to have a sales tax on people such as Mcdonalds,KFC, Starbucks ectra,and the billions on the black economy called B&B . No once again votes are more important than policies. Do they not remember the windfalls on banks,which resulted in a banking system which was dearer for the man in the street. It is time the goverment put their own house in order and stop giving many public sector people high wages for mundane jobs, they could save billions just by copying the private sector.rather than create hundreds of thousand rusty guns,wont work cant be fired. To end on a drametic note,are we sleepwalking into communism
With elections coming up we have the usual,round of snipping from an inept opposition. The buzz word seems to be SEXISM. My question is,if you were a high court judge and you had an aqusation of sexism from a womens rights campaigner Would you throw the case out for surely if you want equal rights,there can be no sexism you cant have your cake and eat it too
No comment on share performance for as I said before am quite happy treating this share as the backbone of my pension,with quite safe divis and capital growth still buying
It would seem that in the near future we can see,rising interest rates,( the great easter getaway must have convinced the BOE that the economy can take it Plus house re-possessions,which for a bank building up a folio of rental properties turns a debt into an asset. On top of that with the buy backs the dividend cover must have improved Patience is a virtue so this share must be a hold for income,and a reasonable capital growth. I am still buying with div income,must admit no new capital however that may change TARGET 61P by xmas
When Russia annexed crimea, the two russian speaking provinces in Ukraine,wanted to break from ukraine and return to Russia,however the ukrainiian goverment had different ideas, and not only refused,but sent in their special forces to quell any such feelings. Since then, 17000 people have died. Just imagine if Putin put his troops on the border, and said to the ukraines that enough is enough of this ethnic cleansing,either you cease killing the people of these two states,or we will defend them. Then behind the scenes,maybe at the prompting of another world power, the Ukrkanes refused point blank,at the same time mentioning that they didnt wish to pay their oil debts. If such a thing were to happen,then maybe Putin was pushed to far,and instead of protecting the russian speaking peoples he would ensure somehow that the killing of them stopped.
I know that this may seem ridiculous,and that there is a lot of propaganda around,something that the BBC would never condone,and if it did happen,then we would get a situation whereby major oil companies would exit Russia as well as other firms but maybe other firms such as Exxon Mcdonalds Coca -cola would stand on the side lines leaving the good old USA as a major oil exporter,and an even stronger position in world trade, Oh some american firms may stop for a while such as microsoft,apple netflix ectra, but considering that there is a strict reduction on the transmission of data for the duration of the hostillities that is hardly a great sacrifice.
I appreciate that his post maybe way off the public perception but I cannot help wondering why the whole of the world is suffering trade wise except dear old uncle sam which is ridiculous to think as in spite of him not giving us a trade deal, or lifting tarriffs on steel ectra we still consider to be our friend, which we need even more after this past fortnight as the financial purse strings are getting even tighter in his hand
I can not understand why the share price has diped do much,I maybe nieve,but I would expect Lloyds to be the least affected by the Russian rouble,s problems
On the subject of Putin sadly I think he has turned into a meglomaniac,and there are only two optiond,either he has a fatal accident,or he will press the button. I hope of course it is the former, and as we speak,plans are afoot. Should the paoters on this board wish to hel I am willing to donate,a few pounds,in order to rsent mr Putin with a five day break-away in Salisbury
With chess being russia,s national game Time to evalulate the state of play. Mr putin has moved his pawns into a position which is quite close to Ukraine. Maybe this is the most suitable place at this time of winter for any exercises. But the main point of the exercise,is to see the reaction of the west , And true to form the US those great interventionists,fresh from campaigns in Iran Iraq syria and afhganistan started the retoric for which they are famous,with very little reason, realising that russia was not really bothered by the retoric,the US then came out with the great comment,that russia could invade at any time (just like saying it could rain somewhere in the world) so the us spin machine stepped up a gear,and envagled all of the worlds news editors to press the alarmist story home, meanwhile the US and others closed their embassys and left Ukraine high and dry. Considering that his troops have not left Russian soil Mr Putin has already had quite a result. And who knows perhaps it may even result in the Ukraine negotiating over the billions it owes Russia for gas supplied over the past years. And while Russia is not only self sufficient in all spheres it is also an exporter of oil and gas in a large way and currency is the life blood,which again is a win win as the price of gas and oil has increased. Invasion what is there to gain by an invasion, public and world distrust,loss of export markets, no lets just keep the troops on the border for a few more months,and whilst the world is in disaray we as a country will become a lot lot richer. I am sure by this time next year old Joe Binden will be asking himself,was it worth waking up for
If you had a new born grandchild,and you bought her 10000 lloyds shares today, with the proviso that all divis to be re-invested,and they could not be sold until her 50th birthday. What is the opinion generally,of how much she will have for her old age
cost of gift today inclusive 5389.65
my opinion of the windfall 81750.00 unlike pension plans,no fees,and if when the time is right they are transferred into an isa, no large tax bills, and such a holding could be taken into account for any credit needed for say house purchase,after all the share rice,should be inflation proof
I do not share the optimism of others for the next year,with tarriffs and all the other *****y little things that europe throw at us,many firms will source elesewhere. This will mean subdude profits in the manafacturing and service industries. On to of that,house prices will I think stagnate,with abillity to buy falling,this may be the ace for lloyds,with their private landlords venture,which of course will take capital. Interest rates,will rise,but by less than 1%. Internationally if europe keeps the single currency then I foresee a collapse of the euro,which will cause contagion in our markets. So with so much uncertainty about,whilst I think the new captain will increase the dividend by 1.45p,in order to keep us aboard,I shall be pleasently surprised if the share price reaches 72p and the annual dividend 2.21p (with a promise of a progressive 5% rise
So that is my forecast for 2022
max share price 72p
dividend 2.21 or 4.6%
CONCLUSION hold for solid income,but do not add new capital
Starmer is another who seems not to understand people. A landlords tax would be passed onto the tennants,and then onto the benifiets system,so another political own goal. What about a second home tax of say 3x poll tax,plus 33.3% C Gains on the sale of it This would bring in income and quickly make houses more affordable for younger people. Wealth tax on dividends ectra will only drive investors away just when we need them How many posters think that the time has come when the lunatics have taken over the asylum
It is no wonder that this and other shares are just treading water,with the leadership we have. Boris announces,that he will raise nic,and also increase dividend tax ,also nic will be payable on retirement income,so all in all,another reason not to work or try to accumalate a nest egg. The only way that is fair to raise taxes is to raise vat by 1%,whereby everybody contributes. This last de-bacle with nic, they say will raise 12 billion a year,surley taking into account, the national health service,armed forces,police local goverment.also all the grace and favour usless posts, such as police commisioners, local councillors ectra The goverments bill for the extra nic payable is going to cut a deep hole in the promised 12 billion ,with political spin at its height they cannot ignore the elephant in the room. They will be back with more rises in tax before the year is out,why cant they be honest and admitt,we are in a dreadful mess, I would think that their own admissions that we have a million job vacancies,at the same time as we have food banks should tell poor boris that he is making a complete pigs ear of everything, We need a goverment who will address problems,not one that just forms more committees in order to manage them. I have traded the markets for over fifity years,and have never been so worried about the future direction of the country,in fact unless things change we could as a nation be relying on forgein aid within ten years. So lets campaign for higer vat and the closure of loopholes for the few,such as massive ensions,or issuing of shares to give as directors bonus on which there is no tax payable untill they sell them
I note that you were very quick in posting derisery comments regarding the dividend last night,you appear to be the ever hopeful optimist. Just maybe me and a few others were not such fools as your headline suggested. However that apart I hold no malice,which is why I am willing to pass on this tip Baby shampoo is very good for removing egg from your face
I am afraid that I do not have the views of many,I think if a divi at all is announced it will be in the region of 0.42p, or 1.68 a year with a carrot of a progressive policy. As for the closing price 42.5p. Hope I am proved wrong,but as the decisions are being taken at present by the CFO then prudence is paramount. However I do say hold,as I still think a divi of 5.8% is probable for 2022
All the predictions regarding share price, I believe that at the moment,this share is a great in and out in order to use our CGT allowance,however, the results on 29 july may just give a hint of good times to come,and arrest the volatillity which has dogged this share for a long time.Not only will the results for ist quarter be reasonable,the new chair will give his outlook for the future,which of course will be very good. SO my prediction for the share price is a steady rise between August/December from 48.5 to 62p, unless the divi intentions are extrordainary,in which case a rise to 76 may be on the cards. So only another four weeks,before 50p will be reached and held Reasons to believe the outlook will be good, massive cost savings,terrific mortgage book,and a giant leap in on line banking,with the deal with microsoft starting to pay dividends in terms of user ease
More stress tests for bank and insurers,amongst other thing it is now climate change. This populist goverment will I feel do everything possible to get banks to build up a large capital reserve,and just maybe impose a windfall tax before next election. I am afraid that the welfare system, (unless we have some leadership who tackles all of the abuse ) is to big a pool of voters to upset. So if you were thinking of a holiday on the future dividends,I think that you shouldnt pack until the night before
ps A thought I had,was we provided legal aid for illegal immigrants to sue and get compensation over the living conditions,why if we are giving them legal aid,dont we sue the french for allowing them to live under tarpaulins in france,and if these immigrants can get aid so quickly,could we not get some to sue over the hbos takeover,after all we are taxpayers and providers of investment income
THERE SEEMS TO BE A CONCENSUS,THAT THE INTEREST RATES ARE TO RISE. I SEEM TO HAVE MISSED THIS NEWS COMPLETELY . CAN ANYONE TELL ME BY HOW MUCH,WHEN,AND WHERE THIS INFORMATION COMES FROM
I CANNOT SEE ANY MENTION OF IT AT ALL,I CANT BELIEVE THAT GOVERMENT WOULD WANT ANY INCREASE FOR A LONG TIME AFTER ALL INFLATION MEANS GROWTH,AND A REDUCTION IN REAL TERM DEBT HOWEVER I WOULD BE VERY HAPPY IF THERE IS A LITTLE TRUTH IN THIS STORY
I am not worried about the share price,time will justify our patience,What I do worry is that on Monday the pubs will open,and jets to say Portugal will be jammed packed. However I strongly suspect that both venues will be packed with the age group that as yet are unvaccinated, and spending six months a year in Portugal,I must say that their vaccination program,and there risk avoidance measures are not in any way as good as other places. All in All the prospect of a third lockdown is I believe very high,and that Boris has put too much faith in the common sense of a large section of the people,he has said that all adults will have at least one jab by June, would it not have been prudent to postpone trips abroad,until then,after all we have been through, and considering how near we are to relative saftey. I hope I am wrong,but we will have to wait until mid July to see
On the subject of todays worry,Inflation,I cant believe that is the cause of the drop in price,all traders,and investors have built in the fact that a lot of the covid debt,will be inflated away, So there will porably a continuation of the sell of tomorrow,followed by a 200 point bounce back on Thursday or Friday
Just wish I could sit in a bar in Portugal whilst waiting