RE: The share that keeps on giving16 Aug 2018 10:49
..pain.
During July there was a very slight uptrend but the market in general has turned sharply lower in the past couple of weeks, probably due to the trade wars and no deal Brexit.
Long term plan for LLoy is a return on equity approaching14-15% (versus 8.9% in 2017). This should provide good value over the next 2-3 years.
Unless you are day trading just forget about it and see it as a kind of bond that pays nearly 5% dividend. Reinvestment at lower levels is good over the med-long term.
Short term 90%+ people lose on the stock market. This is how it works.