Member Info for jd_77

I'm fairly happy to stick in here. I don't think it is as exposed to maturing pensions as the likes of LGEN is and it has a wider range of financial products. It's easy to say that when you are in a positive position but I don't see this testing the low 300's. I would say I was 80% positive in this company.

I think I first invested in LLOY in about 2007. It's been a complete stress every time. Waiting about 18 months to get out of positions that I thought were going to turn good. Got out a few years ago just because of its dullness. It's too big. What is the point of investing in the UK's top dog in mortgages when the UK as a whole is doing sh**e.

I'm convinced the only people left in this share are either people massively down and praying for a miracle, or Tories who think that Kamikwasi is going to be some kind of Warren Buffet. Either way, you are living on a pipe dream. Take your money out if you are almost breakeven and invest in a company that has a half decent chance of growing market share. This dog isn't going to be it.

Hi all,

Still investing in this bank then? Groundhog day? Interest rates go down. LLOY shares go down. Interest rates go up? LLOY shares go down.

Lloyds is the UK's biggest mortgage lender. It's effectively an institution of the state in the same way the Bank of England is. It will only move sideways. As it has done for some years.

It treads water when interest rates are low (as house prices increase) and treads water when interest rates are high (and house prices fall). It's got next to no investment arm.

You'll still be on here in 10 years and your stock will be worth almost exactly what it's worth now (inflation adjusted).

I'd love any of you to tell me how you think this company is going to grow in valuation from the last 12 months or so? Have they got some big takeovers lined up?

You could have sold your LLOY shares 5 years ago, put it in a 0.1% cash ISA and you would have 50% more money than you do now.

stxx,

The former Deputy Bank of England governer said it was 'non-banking financial institutions' that were in real trouble. I'd classify that as the likes of LGEN.

You'd have to expect either an interest rate rise or a back-rowing from the Government by the 14th October or this share will continue to tread downwards. That high dividend could quite easily be wiped out if the gilt yields treble to 6%. As could the share price to be fair.

I strongly suspect that their overall pension position is geared to somebody closer to retirement than some of the other providers (such as AV.) out there so they would be more exposed to gilt movements. DYOR.

Share split looks like it turned out ultimately neutral. You could have sold last thing Friday and if you got in early enough this morning made 2% on the spread but you could have been with the wrong broker and now it's pretty much back where it was @ 400p. In hindsight, the best exit was probably mid April post divi and then rebuy this morning at 8. GL to all who did that. I'm fairly happy I held.

Shares have undergone 19 for 25 consolidation and now available to buy on T212 at least. Hovering around 390p mark. Gives a yield of around 7.4% based on current year divi. Your B shares will be redeemed tomorrow at 101.69p.

Of all the companies in the world, people who 'stick with' Lloyds must be amongst the daftest investors. It didn't move much after the whole 2008 debacle. Then wandered itself into the mother of all PPI scandals, affected more than any other bank. Now the share price has dropped by about 60% since December. The next generation of mortgage buyers are all banking with the challenger banks. For the love of god, invest in one of the other hundreds of thousands of other companies in the world.

Britain PLC is going to be bumping along at the baseline of most countries for the next decade or so - get real.

at 53.6. Usually works wonders when I sell so GL all.

45.

fact1 wrong. fact2 also wrong. The bottom is 0. Anyway, could do with pulling its finger out and at least catching AVIVA up.