Bought 11k @ £1.893 ... Holding 21k ... Stress test results improving ... The article I read seemed to present it as a failure in the headline/I tried but also seemed to go on to qualify it as a pass (cet1 ratios would fall to circa 7%, with 4.5% as an acceptable minimum)
According to an article I have just read a cut in central bank rates could impact negatively on bank profitability? ... Not convinced that's true or even significant but WDIK.
Bought 20k over the last 10 days .. I think my average is a little under £1.70 ... My main reasons for buying are ...
1/. Adjusted EPS 29p (from annual report p 98 I think).
2/. My guess is brexit impacts will be neutral or positive.
3/. The bank is/was talking about dividends starting again fairly soon, so recovery from 2009 stuff must have progressed significantly.
My main worry is not knowing what I need to be worried about!
sold 5k @ 44p ... holding 190k ... bloody brexit, seems to be smashing the builders ... didn't see it coming or the apparent market consequences ... caught flat footed ... medium term opportunity?