Member Info for longtimeinvestor

sc
''and compete in the future, against a crop of top challenger banks like Monzo, Revolut and Starling Bank.''

heard it all before over the last few years - that the 'old school' banks will disappear because of the fintechs/challenger banks .

https://www.raconteur.net/finance/how-the-giants-of-british-banking-have-kept-their-challengers-at-bay/

Ll
''Fcuk how many pints of Landlord did I sink this afternoon''

I have just got home from the pub/meal.

Recession, cost of living crisis? - the pub was jammed packed from the moment I got there at about 3pm.

U
''51p on Monday''
whatever the market want to transact at

''Lloyds is trading at $2.45 after hours on nyse exchange ''

Just a bit of 'static' data -Current exchange rate is 1.2234 making a GBP share price of 50.06p

gb
''Or a bear rally.''

some people are simply clueless - definition of a bear market is 20% off of a peak.
The last time that could be called a bear market is when Covid 19 hit taking the ftse down over 30% from early 2020 peak to around the 5,200 level.
In what shape or form can an increase from 5,200 to the current 7,844 (over 50%) possibly be described as a bear market rally?

don't give up the day job

gb
''Or a bear rally.''

The ftse 350 is at an all time high

Zac
Using an example of buying £10,000 worth at the end of October 2022 -
I imagine the total return over a period of 5 years from that point will look more than acceptable.

zac
''Using the example given below''

Using an example of buying £10,000 worth at the end of October, the shares would now be worth about 19% more in a space of about 11 weeks.
A lot better than just OK

for portfolio stocks.

Lloyds now about 12% above the 2022 share buyback price - good investment on behalf of shareholders retaining shares.

at an all time high

closing in on all time closing high of 7,877

mach
''If I had more guts I'd set a sell at 50p ''

are you trying to appease the LSE moderators - you are not a shareholder.

PID dividends in aREIT are taxed at 20% before distribution. This can be claimed back by your nominee account holder if the stock is held in an ISA

If you invest in a reit make sure that it is in an isa

I have BLND - held for a number of years
and CLS holding (which may have converted to a reit quite recently?)

I first bought CLS in 2000 and has been a multi bagger many times over (has had big share splits over the years)

A relatively new stock for me is Montanaro UK Smaller Companies Inv Trust - I will leave the investing in such companies to them

now at very near an all time high

''to close above 7,800 today ?''

not quite - post 16.30 trade took it just below , but still a very good day.

sc
''58P, based on the banks 2023 forward looking earnings estimate.''

worth more than that in my view on what the 2022 earnings will come in at, let alone 2023 - but the market has the last word.

T
''lloyds-bank-and-hsbc-in-good-shape-suggests-berenberg''

I certainly cannot see that they are in bad shape.

HSBC - top holding in my portfolio
LLOY - 2nd top holding in my portfolio

to close above 7,800 today ?