Member Info for shal1000

13 Sept unless you have a cfd account.

I also agree that technical analysis has very limited use. Share prices are a random walk as based purely on news and investor sentiments but tweaked by market makers for their own personal gains. You can never plot a graph of client sentiment and news!

Lti - if you are referring that my account is a multiple of some other guy then I'm afraid you are wrong. I only have one account. I mostly post on Hbr. But only started posting on here, rdsb and BP for which I have investments in - you can check my history. I am not interested in recs just have a habit of stating or correcting others mistakes when they aren't factually correct.

Here is an exercise for you work out the correlation coefficient of ftse 100 against Dow Jones, nasdaq 100 and sp 500. Which one is closer to 1? I'll take your word if dj 30 is a better match!

Motbuck read my post on Goldman Sach as mentioned on cmc trading app reason for fall

I also don't expect rates to fall either. I am convinced rate will have increased within next 18 months as inflation will really kick off globally.

Rates will go to zero before moves to negative

Why do people compare to the Dow lol. An index made of 30 stocks and not even weighted. Its doesn't represent how stock market is really performing. Comparison should be with nasdaq 100 or sp 500.ps the Dow is very much influenced by the share price of apple DYOR

It's strange when people still saying why has it dropped by more than ex div amount. They forget to read other people's post and asking the same questions over and over again. Like I said and as cmc spread betting app news stated - Goldman Sach has cut the target price from 50p to 45p. Don't agree but that's the main driver behind it.

Increase in rate hike should mean higher share price for bankers. I'd be happy with that.

Faulkes.

First of all I know market cap and share price is equivalent. But when comparing similar companies best to talk in market cap. Secondly Wells fargo in USA is equivalent to Lloyds. They have 1.8 trillion dollars of AUM, Lloyds has gbp 800 billion. Market cap is 180b usd vs 30b gbp. Therefore we should be around 80b gbp. Even with a 50% risk allowance we should be 40b minimum - so around 60p a share minimum. They are very rough calcs with alot of prudence to show that we way below worst case scenario. Lloyds also showed very good results last week so no reason why we should be falling in value than increasing.

Although I'm the bearer of the bad news I don't believe their forecast at all. With those results last week it should be north of 60p by now and that is mega cheap for such a large Bank with with cap of 30b. Banks of this size usually worth 100b over in the USA!

Cmc trading account headline
LLOYDS SHARES DOWN 3% AFTER GOLDMAN SACHS CUTS TO SELL, TRIMS TARGET PRICE TO 45P FROM 50P

Doesn't contain any further info

https://www.reuters.com/article/us-europe-stocks/novo-nordisk-siemens-earnings-boost-european-stocks-at-open-idUSKBN2F60S9

Imagine going from 46p to £61. Over 100x rise I would be a millionaire. Lol.
Goldman Sachs cut their rating to 45p hence the downward pressure more than exdiv news.

Sorry that post made no sense and who is Andy?

I wasn't expecting ftse 250 inclusion until Oct so I was pleasantly surprised yesterday.

I hope he goes short and loses.

I'll be sharing more information on r/HarbourEnergychat at the weekend.

https://www.harbourenergy.com/media/qqcfslt1/210401-a-new-global-independent-oil-and-gas-company-april-2021-final1.pdf

Day 1 presentation. 41% legacy/former eig investors locked up for 6 months and 38% of current eig investors locked up for 12 months.

Ie release in October 2021 and April 2022.

Hope that helps. They aren't creditors so they like existing shareholders with different attitudes and will be very much like long term institutional investors.