Member Info for seany123

I would still be happier if SW floated on the LSE and gave me shares!!

I would still be happier if SW floated on the LSE and gave me shares!!

I would still be happier if SW floated on the LSE and gave me shares!!

My colleague in our Edinburgh office has shared the following:
Lloyds is generating a high net interest margin (possible 3% in Q4) and has sizeable provisions on its balance sheet already which means that it is fairly well positioned for the forthcoming recession. Further provisions are likely to be taken but given the company’s high capital generation (at the moment) these should be fairly easy to accommodate without stretching the bank’s currently very strong capital ratios (Core Tier one capital ratio is >14.5%)..
Return on tangible equity is forecast at 13% but the company is trading on 0.9x BV which suggests value.
Given the company is a pure retail bank and dominates the UK mortgage market with a 20%+ market share what happens to house prices, house market activity, re-mortgaging, mortgage rates and unemployment are key factors. Lloyds, themselves, says unemployment is the most important factor as it is the biggest driver of defaults,. A hard landing would take the stock price down, whilst the stock price can whether a soft landing and will go up if a recession is avoided altogether.

HU SW is a big big Insurance company that sells Buildings and Contents with its mortgages and discounted through its bank accounts,,, i worked there:)) It will be ok !!))

HU,, Its because of Direct Line cancelling its dividend on high claims..

My colleague in our Edinburgh office has shared the following:
Lloyds is generating a high net interest margin (possible 3% in Q4) and has sizeable provisions on its balance sheet already which means that it is fairly well positioned for the forthcoming recession. Further provisions are likely to be taken but given the company’s high capital generation (at the moment) these should be fairly easy to accommodate without stretching the bank’s currently very strong capital ratios (Core Tier one capital ratio is >14.5%)..
Return on tangible equity is forecast at 13% but the company is trading on 0.9x BV which suggests value.
Given the company is a pure retail bank and dominates the UK mortgage market with a 20%+ market share what happens to house prices, house market activity, re-mortgaging, mortgage rates and unemployment are key factors. Lloyds, themselves, says unemployment is the most important factor as it is the biggest driver of defaults,. A hard landing would take the stock price down, whilst the stock price can whether a soft landing and will go up if a recession is avoided altogether.

Put me down for 77p Asp. Thank you!!

Add or sell? Are we starting up or down tomorrow?

They forgot to say "buy our shares"!!!

;))))

They could give it to me ASP!!

This horse finds it impossible to keep it up!!

RBC raises Lloyds Banking price target to 68 (57) pence - 'outperform'

Thanks SUFC, I do ok, I know Lloyds will come good some day, I had hopes for it to be over 60-70p by now as will be needing some monies to buy a house. I would be very happy around 60p and 4p divided, BR nice to see my holdings in the green.

Yep, there's always some!!

Fingers crossed SUFC!!!

Lektle, spot on!!

The BoD need to add confidence to retail investors, that might do it, £6B+ distribution..

Hello ASP, nice to see you and please keep adding facts...

Who cares LTI, we are discussing whether LBG is worth waiting for or not...