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"That's not how Lloyd's work all their IT changes have back out plans. So he's talking out of his behind.“ I'll tell him that when I see him on Monday :-) Another he told me was about various services that were off shored to India and were an abject failure, having to be brought back to UK again. Again, sounds plausible. Do you get your info from within Lloyd's? Very useful if so.
55's tomorrow then? With Lloyd's the SP ignores anything positive and focuses on any negative it's possible to find to decrease, no matter how irrelevant. It's been a long painful time since there was SP market focus on the positives which there are plenty of!
Breached earlier than I thought. Oops. If nothing positive then I'd say we're looking at possibly 56p before the end of the week, if more bad news then 55p. As always I get the timings of my investments wrong.... Going to switch off for a month or so and see where we are at then, I guess we'll be expected Lloyd's quarter update, a possible mechanism for good news release though BOD don't seem very apt at that. Still think a change at the top long term would be best for this share.
Too true, no matter what happens the directors will always come out smiling. Some people are so naive to think that they care about the shareholders situation. Basic human nature, they're in it for themselves, proceed with that in mind and your decision making will be better for it.
Sound advice.
This share is a walk in the park compared to how QPP was, saw lots of people panic sell and lose in fairly major style with that one....
My attempts to try and short term trade some of my holding not going so well though..., looks like that's morphed into additional long term hold :-)