Member Info for jings100

407p eh , this is Osborne not McEwan ,...... take out all the fees and charges and he can more or less justify a breakeven price of 407p as opposed to the 501p that we , the tax payer , actually paid for them . He's desperate to get these off the balance sheet , if he can spin a price of 407p and get away with it , he!'ll do it . More gravy on the city's Christmas turkey .

No.

200 to 300% rise in 18 months , .......in your dreams . What makes you think the markets are calling it wrong with the banks ?

True to say the banks would have an increase in earnings as their margins increased but other factors come into play regarding overall profits . My worry , for the UK , is that our economic recovery has largely been based on debt related consumer spending , the housing market , low bank rates and oil prices. While I agree that bank earnings will increase with a rates rise, the housing market may slow as mortgages become dearer and consumer spending could contract as borrowing costs increase.Hope Osborne's taking into account the increase in interest payments on the national debt . At some point , when the US and China stop slugging it out , oil prices will rise as will inflation ,further slowing spending . I just find it a very mixed picture at the moment . I'm not saying your wrong ,, lol...I don't know enough about it . As you say ....time will tell.

Not that I know much about economics but are you not oversimplifying ?

You really think the banks will double in value in 4 to 5 years ? ......Interesting points of view .

Your probably right mate , meant to post could be good for banks as opposed to should be ,I was anticipating a short term positive effect but it might not happen and as you rightly pointed out with oil and commodities likely to slide even further the SP could continue to drop .I'm still not entirely convinced they will raise rates , their inflation figures are still pretty low . I'm probably totally wrong , I'm sure Yellen knows what she's doing .

Sorry ,....bit obtuse with that one ,I was alluding to the FED meeting on the 15/16th of Dec. Possible / probable interest rates rise which should be good for the banks , at least in the short term . ......BTW welcome to the board .

Keep taking the tablets at least until the 16th ,lol.

Interesting posts guys ......BTW ...HMG holding in Lloyds currently about 9 /10% .

Hi , think you can blame OPEC for this one ,or maybe more accurately the fall in the oil price . Have to admit I thought the price would hold at around the 300p mark then start to climb , looking more like 275p at the moment , which isn't what you want to hear , where will it bottom out ,....no idea . Hope life aboard ship is treating you both well even if the market aint .........Never got to Maidens BTW , ....The best laid schemes ,lol.

NeepHeid might well offer a different opinion but at that level I'd guess 2017 before it gets close and that's assuming no dramatic negative changes to the economy or the bank . Gonna have to be patient for a while yet IMHO . Cash seems a reasonable place to be at the moment although there must be better investment opportunities out there , NeepHeid's the man for advising on that .

Sorry mate , not funny .

Shareprice has gone upwards , lol .

Be nice if it is the start of an upturn , ......santa rally comment was tongue in cheek , doesn't really happen these days .Not even sure about the January effect

So far , so good . Nicely through the stress test ( good call stagecoach ) and decent rise , start of the so called Santa rally ? .... Does that still happen , lol ?

Always ends lower more often than not .......that's the problem with you pre Raphaelites , too many romantic notions about how the stock market works , lol.

Aye , has been a disappointing year , especially compared to 2014 . Long term trend still up , more or less ,and I agree about future prospects but it aint half taking it's time .Been posting the same thing for a few years now , lol.

You know what they say about picking bottoms .Be interesting to see if support holds or whether the stress test or global issues will push it below , have to admit I didn't expect to see the SP at this level this year but que , sera , sera I suppose .

You anticipating it dropping below 300p ?