Member Info for longtimeinvestor

JFCC
ZZZZZZZZZZzzzzzzzzzzzzzzzz

sc
Nothing to get excited about.

''FTSE 100 has largely benefitted from its large exposure to Mining and Oil sectors which have performed well as a result of weak Sterling and strong overseas earnings''

Oil and mining probably have a weighting of about 15%.
Sterling has recently strengthened against the US dollar by about 15%.
The likes of BP and SHELL off of recent highs .
BP at about 480p - was near 700p 17 years ago

shal
Many investors have bought into Lloyds at low valuations in anticipation of re ratings for banks which would greatly give a boost to the share price. Based on certain metrics Lloyds is very cheap at the current price.
I would prefer a low share price though whilst buybacks are still on the BOD's agenda.

now only about 90 points off of an all time high

down 0.1% to match expectations

67s
''Lloyds Banking Group’s pension scheme sold billions of pounds of assets''

the fund was not materially affected to any significant degree

67s
''Lloyds Banking Group’s pension scheme sold billions of pounds of assets''

the fund as not materially affected to any significant degree

67s
yes , lots of money has been put in since then under a six year plan, which was due to finish in 2024,but as i have said an update may be announced in February.

A fortune in interest on money held at the Bank of England received in the 2023 financial year would help greatly if pension funds are found to need more than expected funding.

the last plan I recall was a number of years ago to make pension contributions over a 6 years period - it is probably this that is due to be completed in 2024, but as i say a re- evaluation/update on the situation may be made in February

h10
''They are on an existing plan to plug the deficit - effectively by end 2023/early 2024. ''

I cannot recall reading this - normally a business would close a deficit over a number of years.
In any case A1 was referring to distributions to shareholders from profits made in the current financial year (2022).
2023/4 covers the next financial year
Lloyds will give an update I believe in February.

today's low was about 0.7p down

ls
''Which one is it make your mind up''

???
LTI

''steady up'' (rising from the low)

'' Lloyds currently steady'' (about level on the day)

ls
''Which one is it make your mind up''

???
LTI

ls
'' tomorrows''
'' is coming in''
contradiction

''triggering a rally in GBP, Lloyds''
Sterling currently steady - Lloyds currently steady.

You may as well as said 'speculation'

steady up

h10
pension deficits can also be closed with underlying investment performance which will also be helped with increasing interest rates

h10
lots of companies may have pension deficits , it doesn't mean that the deficit is plugged asap.

sc
''UK credit card borrowing is rising at its fastest rate for 17 years, 1.9 Million households missed payments ''

where is Newchurch

sc
''Don't be fooled !''

I am not being fooled (it is a fact) the ftse100 is currently about 110 points off of an all time high