Member Info for MPO818

Littleaston

History says that could be a good move as LGEN have tended to drop by much bigger values than the dividend. The only concern could be the level of the FTSE100. With it at or close to it's peak, there is a chance of it shooting higher taking the likes of LGEN (and many others) higher, although this has not historically happened Will continue to hold and watch with interest - good luck.

Some of the UK's biggest banks are raising mortgage rates as expectations of when the Bank of England will cut interest rates are pushed back.

Barclays, HSBC and NatWest are all increasing some costs on fixed-rate mortgage deals from Tuesday.

Big question is will the index close at a new high (currently over 8020) or will it be driven down by the yanks later today???

Kick off +57

What price Oil Monday!! - Interest rates higher or lower - who knows.

IOM being impacted by the potential for military action over the weekend by Iran on Israel. Hope I am wide of the mark, there are enough conflicts going on around the world.

In June 2022 (I bought a few when opening my Chase bank account) the J P Morgan share price was $117, having dropped 5.5% today it is $184.58 perhaps a bit toppy.

UK lunch time US Futures up over 70 points. FTSE 100 - 8042

"Dow currently due to open over another 200 points down"

With 15mins to US open futures down 312. FTSE 100 - 8012

Lets see how the day ends.

LTI

The figures in the title represent the market cap of LLOY when they commenced the 2018 buy back (for cancellation) program and the share price was 68.80p. With a market cap today of less than £34bn that's (even accounting for dividends) a woeful performance in anybodies book. A traders paradise, a LTH nightmare.

Https://on.ft.com/3UeVUX5

Quite an eye opener when considered in the manner you set it out.

It begs the question as to why industry leaders have not put the question to government in the same manner. Perhaps they have and it has fallen on deaf ears. In any event once the CNS is dead, watch out Tesco or maybe the banks with Q1 results due in a couple of weeks.

Following the US inflation results, market commentators do not expect rates to ease before August/September 2024, with an outside chance of an increase before then should inflation persist.

With Q1 results from LLOY due in about 2 weeks and Q2 due in July LLOY will continue to benefit and with the right market conditions, supported by share buy backs a decent rise in sp could be on the cards.

This sounds and feels like the start of a rather large cash raising exercise to achieve their ambitious 2024 targets.

The longer rate cuts are delayed the better for the LLOY bottom line

Yanks drive markets, hence their 45p target

US Futures plummet 500+ points in minutes following release of inflation data - = no immediate cut to interest rates.

The 2024 list has been. (very delayed) just been issued - here is what has been said about JOG - He remains bullish.

Jersey has been busy in recent years building up the Greater Buchan Area into what will be one of the biggest and cleanest developments in the UKCS as well as doing two of the best farm-out deals in recent years. With undoubted demand for a development such as this, the management deserve credit for taking this from start up to a substantial and extremely valuable prospect, it gives the shares a huge upside I conservatively value at over £10 per share.

It has taken a full 12 months to beat the 2023 52 week high - with xd date looming will we see better than 54.06p in 2024?

Behind a pay wall, so don't know the full story - for me LGEN at this sort of price is vulnerable.

Allfunds, UK Stocks Touted as Favorite M&A Targets in Survey

Lower equity valuations set to drive more M&A in UK market

54.02p

He probably read this info on LLOY investor relations the website all investors should be aware of.

"Hard up managed to find another 959,312 shares"