RE: RE: Lloy31 Oct 2018 08:35
longtimeinvestor, but it is still a penny share though and one that seems in decline generally. I know the words recently sound good,but the music isn't matching them.
Are the big boys and their computers simply content to take the margins or are the general fundamentals just not good enough. 10 years of wait and see and still the sp languishes sub 60 making the divi look good.
If anyone bought north of 60 or 70 the loss has already happened and they are subsidising their own divi.
In theory,yes, Lloyds should be a decent bet.but I'm guessing holders are hoping for a £1 sp but I wonder if that will ever happen given the reputational damage, the absence of cons to perpetrate upon the easily led for obscene profit,probable limited expansion for loans. They can only cut costs so far unless they go internet only.
The latest broker nonsense (as if really means much) downgraded from 68 to 66.