focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Https://www.dailymail.co.uk/news/article-12692401/Id-buy-TopShop-bring-like-good-old-days-PrettyLittleThing-tycoon-Umar-Kamani-35-turned-accessory-business-multi-billion-pound-online-fashion-giant-snapping-struggling-brand-ASOS.html
Please do your own reseearch as always
3 Little birds no buy backs at the moment.
Https://www.fool.co.uk/2023/10/28/down-33-since-march-barclays-shares-look-a-screaming-buy-to-me/
Please do your own research as always
Good news shorts closing now at 6.61% or shares to buy back 83,844,198
Please do your own research as always.
58 pence target.
Deutsche Bank, which has a 'hold' rating on the stock, added that for 2024, it now forecasts pre-tax profits of £51.0m, significantly lower than its previous estimate of roughly £81.0m, and £57.0m for 2025, down from £87.0m.
Analysts at Berenberg reiterated their 'hold' rating and 58.0p target price on financial services giant Lloyds Banking Group on Thursday, stating it still sees better opportunities elsewhere.
Berenberg said that while Lloyds' recent third-quarter results "did not differ materially from consensus", it thinks the near-term outlook for net interest income remains constrained.
Berenberg also noted that retail savings balances now account for 64.6% of Lloyds' retail deposits, a roughly 130 basis point increase versus Q2 2023. The effect of this change in mix, alongside the increasing cost of these deposits, has "more than offset benefits" from higher interest rates since the final quarter of 2022. Given expectations for little or no further Bank of England interest rate hikes, Berenberg believes that rates offered on new savings will be unlikely to "increase materially".
Looking ahead, the German bank reckons dynamics in the deposit market will likely create a diminishing headwind and be complemented by greater support from the reinvestment of hedge assets and more favourable mortgage pricing and volumes.
"Lloyds' 14.6% common equity tier 1 ratio is circa 110 basis points above its target. Given this, and Lloyds' strong capital generation, we forecast an average total annual yield (dividends plus buybacks) of circa 13% during the next three years," said Berenberg.
"Trading on 0.8x total book value versus a circa 15% return on tangible equity, Lloyds is not expensive. Our 58.0p price target for Lloyds values the bank on circa 1.2x total book value. We, nevertheless, retain our preference for Barclays ('buy') and NatWest ('buy') given these banks' superior valuation support, yield and growth."
Please do your own research as always
Https://www.proactiveinvestors.co.uk/companies/news/1030909/barclays-still-the-cheapest-bank-around-top-research-team-reckons-1030909.html?rel=scroll
Please do your own research as always
HTtps://news.sky.com/story/former-telegraph-owners-table-blockbuster-1bn-bid-to-retake-control-12985492
Former Telegraph owners table blockbuster £1bn bid to retake control
Please do your own research as always.
HTtps://news.sky.com/story/former-telegraph-owners-table-blockbuster-1bn-bid-to-retake-control-12985492
Former Telegraph owners table blockbuster £1bn bid to retake control
Please do your own research as always.
Ttps://www.livemint.com/companies/company-results/jpmorgan-q3-results-net-profit-rises-13-15-billion-on-higher-interest-income-11697194657213.html
JPMorgan Chase's profit rose in the third quarter as higher interest rates boosted its income from loans, the bank reported on Friday.
$13.15 billion Rise in profit.
Please do your own research as always.
Ttps://www.livemint.com/companies/company-results/jpmorgan-q3-results-net-profit-rises-13-15-billion-on-higher-interest-income-11697194657213.html
JPMorgan Chase's profit rose in the third quarter as higher interest rates boosted its income from loans, the bank reported on Friday.
$13.15 billion Rise in profit.
Please do your own research as always.
Voice has major egg on face.
At 29p, boohoo shares are my top penny stock
Down 93% from its all-time high, Andrew Mackie makes the case for why investors should consider buying boohoo shares.
Https://www.fool.co.uk/2023/10/12/at-29p-boohoo-shares-are-my-top-penny-stock/
Please do your own research as always
Https://www.ii.co.uk/analysis-commentary/lloyds-bank-shares-q3-2023-results-preview-and-new-price-target-ii529434?utm_source=newsletter&utm_medium=email&utm_campaign=Daily%20Newsletter%2020231010&utm_content=newsletter&utm_source=sfmc&utm_medium=email&utm_campaign=Daily+Newsletter_101023&utm_term=hxxps%3a%2f%2fwww.ii.co.uk%2fanalysis-commentary%2flloyds-bank-shares-q3-2023-results-preview-and-new-price-target-ii529434%3f%%%3dv(%40UTM)%3d%%&utm_id=112216&sfmc_id=8519015
Lloyds Bank shares: Q3 2023 results preview and new price target
Please do your own research as always.
Https://www.ii.co.uk/analysis-commentary/lloyds-bank-shares-q3-2023-results-preview-and-new-price-target-ii529434?utm_source=newsletter&utm_medium=email&utm_campaign=Daily%20Newsletter%2020231010&utm_content=newsletter&utm_source=sfmc&utm_medium=email&utm_campaign=Daily+Newsletter_101023&utm_term=hxxps%3a%2f%2fwww.ii.co.uk%2fanalysis-commentary%2flloyds-bank-shares-q3-2023-results-preview-and-new-price-target-ii529434%3f%%%3dv(%40UTM)%3d%%&utm_id=112216&sfmc_id=8519015
Lloyds Bank shares: Q3 2023 results preview and new price target
Please do your own research as always.
Lloyds Banking Group PLC (LSE:LLOY) is one of the many stocks enjoying a good day, up 3.1%.
Analysts at Jefferies think the lender could surprise the market with a £500 million share buy-back with its third quarter results on October - breaking from its pattern of distributing excess capital at full-year results.
This may help catalyse the shares in an absence of near-term upgrades, it said.
“With Q2 excess capital of £1.5 billion, set to rise a further c.£0.6 billion by Q3 23, we estimate a Q3 buyback of £0.5 billion, with a £2.5 billion buyback announced at 4Q,” the broker said.
Jefferies noted these buy-backs bring pro-forma 2023 estimated CET1 to 13.5%, rising to 14.4% by 2025 as capital generation is great than distributions.
The broker has also adjusted forecasts to reflect reduced expectations for net interest income.
Its 2023-25 revenue estimates fall 1-3%, driving 2023 underlying pre-tax profit down 7%, and 2024-25 down 3-4%.
The 2023 return on total capital employed forecast is 16.3%, ahead of the 14.9% consensus, rising to 17.8% in 2025 (consensus 14.4%).
Jefferies keeps a buy on Lloyds with a 80p price target, increased from 77p - nearly double today’s 43.32p share price.
https://www.proactiveinvestors.co.uk/companies/news/1029192/ftse-100-live-stocks-soar-china-considers-new-economic-stimulus-1029192.html
Please do your own research as always
Lloyds Banking Group PLC (LSE:LLOY) is one of the many stocks enjoying a good day, up 3.1%.
Analysts at Jefferies think the lender could surprise the market with a £500 million share buy-back with its third quarter results on October - breaking from its pattern of distributing excess capital at full-year results.
This may help catalyse the shares in an absence of near-term upgrades, it said.
“With Q2 excess capital of £1.5 billion, set to rise a further c.£0.6 billion by Q3 23, we estimate a Q3 buyback of £0.5 billion, with a £2.5 billion buyback announced at 4Q,” the broker said.
Jefferies noted these buy-backs bring pro-forma 2023 estimated CET1 to 13.5%, rising to 14.4% by 2025 as capital generation is great than distributions.
The broker has also adjusted forecasts to reflect reduced expectations for net interest income.
Its 2023-25 revenue estimates fall 1-3%, driving 2023 underlying pre-tax profit down 7%, and 2024-25 down 3-4%.
The 2023 return on total capital employed forecast is 16.3%, ahead of the 14.9% consensus, rising to 17.8% in 2025 (consensus 14.4%).
Jefferies keeps a buy on Lloyds with a 80p price target, increased from 77p - nearly double today’s 43.32p share price.
https://www.proactiveinvestors.co.uk/companies/news/1029192/ftse-100-live-stocks-soar-china-considers-new-economic-stimulus-1029192.html
Please do your own research as always.
Barclays Target price for Lloyds 70 pence.
Https://www.proactiveinvestors.co.uk/companies/news/1026962/lloyds-banking-group-simply-too-cheap-says-barclays-1026962.html
Please do your own research as always
Shorts doomed to failure and fcked big time.
A £25 Million Chelsea Pad Will Shine Brightly in the Autumn Sun Https://www.bloomberg.com/news/articles/2023-09-16/a-25-million-london-flat-will-shine-in-the-autumn-sun-secret-agent
Please do your research as always.
Barclays CEO CS Venkatakrishn Sees Early Signs of Investment Banking Rebound
Price to book value rratio 44%
htTps://www.bloomberg.com/news/articles/2023-09-12/barclays-ceo-sees-early-signs-of-rebound-in-investment-banking
Please do your own research as always
They are shorted o death.
https://www.msn.com/en-gb/money/other/i-just-don-t-understand-why-lloyds-shares-are-so-cheap/ar-AA1gniNP
Please do your own research as always.