Member Info for longtimeinvestor

‘’ Do the maths muppet, from 24p the SP is now a pathetic 43, how the Feeecckk do you make it 80% up lol lol lol

NOT ONLY A LIAR BUT THICK AS TUCK TOO.’’

Wp

''19% of shares bought back''

only another very nearly 81% to go and I will own BP.

The Dow is playing catch up with yesterdays fall.

S67

''My guess is that depends on the amount owing including arrears''

'' but for a house purchased a year ago on a 90% loan, I would think its borderline.''

??

Repossession proceeding can be started after only 3 or 4 months months of missed payments if the lender so wished. Someone taking out a mortgage a year ago would have passed the affordability test when mortgage rates were higher than they are now. A candidate for repossession would more likely be people who took out an interest only mortgage years ago when money was near for free, only to find with a fixed period having come to an end that their payment has increased 3 to 4 fold, but even in this case there is very likely to be plenty of equity in the property as a result of increased property values.

Going over the same old ground. There is no concern when it comes to the Lloyds mortgage book.

BLB

you must remind me again when you think that was the case, so that I can humiliate you once more.

Ant

''But you thought it was relevant to point out the Dow top and drop v’s the FTSE Top and drop - random.''

I stated those, to reaffirm that percentage increases and decreases in the 2 separate indices are not directly linked, as you appeared to be doing a comparison of today's performances in the 2 different markets, which of course have trading start and finish times well apart. Both indices are influenced by economic data. You are free to buy the Dow index. About 80% of the revenue of the ftse 100 companies comes from outside of the UK.

The S&P 500 includes mega stocks such as Apple. The stocks within must have at least 50% of revenue generated within the US along with other criteria.

You are free to buy the S&P 500 index.

Ant

I have said it before and it seems I need to say it again -

The Dow and the FTSE 100 have different calculation methodologies to determine an index value.

The indices will move based on their different individual calculations.

You are free to buy an index.

Dow about 5% down from all time high

Ftse 100 about 3.5% down from all time high

New 52 week highs reached with BAT and IMP

Lloyds remaining at low valuation levels, beneficial for the share re purchase investment programme

A property repossession does not = a loss to the lender

''As of March 2024, there were over 12.5 million outstanding mortgages in the UK totalling around £1.65 trillion.''

https://www.finder.com/uk/mortgages/mortgage-statistics

''reached 5,343 ''

there are about 12.5 million mortgages in the UK

US 10 yr now at 3.97% - jobless claims less than expected

888

''surely the FOMC/FED will lower 50bp in sept?...''

the US 10 year in back above 3.9% whereas for a brief time dipped below 3.8% a couple of days ago, so at this moment in time I would be guessing a 0.25% cut

Hu

''IG Futures pretty much on the ball this morning. Strange how 3 other sites earlier this morning were saying FTSE Futures were up?''

the out of trading hours IG 'Futures' that you most likely looked at was their cash pricing level which they base on movements in things like Hang Seng, Dow futures etc. It is what I would look at to get a rough idea as to how the ftse 100 will open .

Actual futures are expire on a quarterly basis.

Brix

'' that Depends''

if you have any to hold.

brix

''i personally don't chat on that i don't own''

HLN reached another all time high

Metro Bank well up

MS continuing to purchase some of the given up cheaply Lloyds shares

Currently up a further 3%

ftse 100 futures up 100 points

Carclo back to an upward path - currently about 20% up.

Cheap Lloyds shares being made available for Lloyds share re purchase investment programme

At under 427p