Member Info for Jimbo1122

Theresa May has emboldered the EU with her dreadful negotiating tactics. Even though i hold a significant stake in Lloyds i just wish she would now tell the EU that she has done all she can and now it is time to walk away and concentrate solely on negotiating trade deals with the rest of the world. This would plunge the EU into panic mode and suddenly you will find that the Ireland border issue isn't really an issue at all. No contributions from the UK (ignore Hammonds ridiculous comment) and the thought of the UK signing lucrative trade deals will certainly concentrate their minds somewhat.

I know that singing songs on this forum is strictly forbidden but you can report me if you want - - i simply don't care.

Zip a dee doo dah, zip a dee ay, my oh my what a wonderful day. Plenty of sunshine heading my way, zip a dee doo dah, zip a dee ay.

I wasn't going to peek at the SP today because it usually ruins the rest of my day but I'm glad i did. Hopefully, if Brexit goes well for the Banking sector then days like this will be the new norm.

Does anybody seriously think that Juncker and Barnier wake up every morning worrying about custom borders in Ireland - - of course not. The scare stories about flights are absolute garbage as it will devastate the Spanish, Portuguese, Cypriot, Maltese and Greek economies. The EU are definitely worried about their budget and the UK securing lucrative trade deals with the rest of the world. EU countries will soon wonder if the increased contributions they will need to pay will be worth it especially when they can't trade with one of their biggest (and trustworthy) customers. German, Spanish and French Fishermen will dump rotten fish on the doorstep of EU offices in protest at losing the fishing grounds they will no longer be allowed to plunder. Good luck Brussels with fending off protesting French farmers who can no longer export competitively to the UK. The EU will very quickly regret not giving the UK favourable divorce deal. The UK will survive, the EU will collapse and they are really stupid if they can't see that.

Wouldn't it be marvellous if Credit Suisse were correct and the Lloy SP climbs to 90p. Unfortunately, the only way i could sell at 90p is if i wake up from a coma and find that the price was 90p. In reality i would probably get excited if it reaches 70p and reach for the sell button as would most others on this BB. Apologies for not mentioning Brexit (Oops).

Hi Mail 2, your post may be relevant on this board in 6 months time (LOL).

That's what happens with shares. They can go down as well as up. Fortunately, Lloyds can be used as an income share due to the generous dividend payments being made. Nobody should be buying shares that they cannot afford to lose money on. I will simply sit tight and pick up the twice yearly dividends and only consider selling when the SP recovers. This could be next week or in two years time--this is my mentality and helps cope with day to day fluctuations.

Andyagogo said "Jimbo, in what way does Lloyd's record over the past 20 years convince you to view the shares as .. a long term savings account?. Hi Andy, if you consider holding Lloyds shares as a long term savings account then you need not worry about the day to day share price because you can simply wait for the SP to recover which it surely will. It's a bit like your football team is losing 1-0 but instead of only having 90mins to recover, play is extended until you score more goals than the opposition - - Fergie time plus.

I had originally bought Lloyds shares (40,700 @ 63.54p) and my plan was to sell quickly for a decent profit but that plan has now been well and truly abandoned. Instead i will pick up and bank the forthcoming dividend and then wait for however long it takes for the SP to recover. I am comforted by the fact that Lloyds are making very decent profits and are currently awash with cash. PPI claims will soon be in the past and lloyds will continue to increase profitability both organically and by acquisition. Lloyds are currently out of vogue with the fund managers but eventually that will change. Brexit really shouldn't be an issue for Lloyds because they will adapt to whatever obstacles they face in the future. I will now try and think of lloyds as a long term savings account as should everyone else.

Surely, there will come a time (hopefully soon) that it will cost these claim companies more to advertise than what they can earn from a dwindling number of valid claimants. If i was owed money from a bank i would be one of the first to claim it back--how apathetic are some of these claimants who literally wait for years and countless reminders to actually get round to filling out a form.

Profits up despite higher than expected ppi provision. SP should fly today.

The EU will now be seriously worried about a no deal scenario and losing the UK's £40Billion annual contribution to their coffers. They will also be concerned about the UK exploring other markets at the expense of the EU. The EU now know that they will need to accommodate the UK much more now on negotiations and that can only be a good thing for the UK. It will be interesting to see how things pan out.

If the EU don't react negatively over the weekend about the new Brexit proposals then i believe the markets will rise on Monday. Fingers crossed.

Longtimeinvestor - - i would love to indulge you in a battle of wits but you seem to be unarmed. It was Bill Bryson who said that God's plan was for him to spend 15 minutes with every idiot on the planet. I now know exactly how he feels (lol)

Longtimeinvestor - - why on earth do you feel the need to be so aggressive and downright rude. Everyone on this BB is entitled to their opinion whether you agree with it or not.

Immigration seems to be the reason for the discourse in Germany, Italy, Hungary, Bulgaria, Austria, Greece, Malta to name a few. But perhaps I'm mistaken.

There is a straightforward solution to the Brexit mess, and it is a mess. If the EU acknowledge the fact that immigration needs to be curtailed and bring in legislation to counter it then it gives the UK government the perfect opportunity to recommend a 2nd referendum without losing face. After all, it was the immigration issue that was the main reason for many UK citizens to vote leave in the first instance. I hold shares in Lloyds, bought at 0.6354, originally hoped to sell quickly with a small profit but it looks as though i will be holding onto them longer than anticipated. No matter, the dividends are very generous, and welcome.

Thank you Aamir. This company has been manipulated by the market, the SP should never have fell to the lows it did. It seems that the SP is now climbing back to where it should always have been. I never, ever invest in companies that are not of the highest quality and they also must have a strong balance sheet--Hikma qualifies on both counts. As you say i was always optimistic that the SP will recover. I do actually believe that Hikma has quite a bit to go but i have been on a scary ride and it was time to jump off. I wish you and everyone else all the best.

Now out of Hikma. My average was around 1630 but i was holding shares while they sat at 850p so I'm just glad to have recovered most of my losses. I honestly hope that the SP does continue to rise and that Hikma go from strength to strength. I will still watch this company with real interest and i wish everyone still holding the very best of luck.

I'm a bit confused why Hikma's SP fell today on the Takeda / Shire Takeover news. Takeda made a bid of £44 Billion which was rejected and it now appears that they now have Allergan to compete with. Takeda were pushing things to the limit by bidding £44 Billion as this is higher than the value of their own company and they already have a £11 Billion debt pile to maintain. It will now take a bid of approx £48 Billion to aquire Shire which has shed it's Oncology division making it less attractive than it was a couple of weeks ago. Whatever happens now can only be good for Hikma and the Pharmaceutical industry because one of these companies will lose out and need to look elsewhere (hopefully in Hikma's direction). It also confirms that the Pharmaceutical sector is now very receptive to Mergers and Aquisitions. No large Pharmaceutical companies will sit back and watch competitors grow by Aquisition without taking part themselves. Even the slightest hint of interest in Hikma will result in the SP rocketing overnight.

Interesting that Hikma SP recovered yesterday at approx the same moment Shires SP fell. Takeda were interested in Shires Oncology products but Shire have now sold that part of the business for £3 Billion thus making them less attractive to Takeda. Hikma have a new Oncology drug manufacturing plant in Jordan. There was also a large purchase of Hikma share just after closing (not a UT) so someone feels confident that Hikma is a good investment. It will be interesting to see what transpires.