RE: Lloyds Share £1.2030 Jan 2022 13:05
Slownsteady
Posted in: SAGA
Posts: 675
Price: 117.80
No Opinion
Good Value here...20 Jan 2018 20:38
Bought in on Friday - 85k shares @116.30. I like the covered (7.35%) dividend, management's commitment to it, low P/E, lack of sp premium to NAV, manageable debt and double digit ROE and Margins.
Doesn't matter if it falls in the short term, I see this at least 25% higher in the not too distant future.
Now that is before consolidation making it equivalent very roughly to over £17 per share. Current price £2.84.
Good job you are a 'buy and sit' investor. You will have a lot of sitting to do waiting to break even, and currently with a yield of Zero.
You are a gambler, pure and simple.
Don't try to give any investment advice to anyone