Member Info for sheltie

The Chart Structure never looked good for the 50's and was always heading for the 40's, today or tomorrow. Suspect it may not be pretty on Friday either, when people close their positions for the weekend, as per usual. Super unsteady share this one - both to the upside as well as the downside. At present, the bears are firmly in control and likely to remain in control going forwards. If you're a fan of Roller Coasters, then you're in for a treat this month! ATB

a heck of a lot more buyers, as it's teetering on the edge of a further decline, in to the 40's this week. The Chart Structure is looking like it is sitting on a bunch of very thin egg shells. There are simply way too many people selling; the MM's are awash with shares (despite the small free float) so they are being forced to drop it, in order to tempt buyers to take stock off their hands. (as opposed to the usual 'tree shake' drivel the rampers always post here!!). In my opinion, anyone looking to buy would be mad not to just sit tight, until at least next week, as I have a feeling that 50p to buy, will look expensive by then. Sad situation, but that's AIM listed shares for you. To think that this was £1.28p just a couple of months ago. Some of the rather 'unrealistic' posters here will also be doing a great job of putting people off. Too much disingenuous ramping makes a company look very tacky - even if it isn't. Currently, BRH has just fallen below 54p with another sell at 53.48p. Ouch

AIM is a Casino Table. You spin the wheel and you win or lose! Simple as that. It's just that on AIM you mainly lose! If you can't get your heads round that one, then go 'invest' your money in a FTSE company. You'll tend to win over time and, unlike on AIM, you're not 'gambling' (with the rare exceptions like Fevertree, Boohoo, etc.)! AIM is for short termers (like me!), general punters and a wide variety of disingenuous ramping Charlatans - and heaven knows BRH has a LOT of the latter!! NEVER put too much on an AIM listed share; you'll generally walk away, with the 'house' having won it all back (assuming of course, that you were eve 'up' in the first place!!).

Barclays have now moved all of the following key technicals (these numbers have now all increased) as follows:-
Trading Resistance is: 45.73p
Resistance1 is: 47.61p
Resistance2 is: 50.13p
Barclays Technical Analysis: "Accumulate"

Put it this way, it's a VERY long time since Barclays, had anything with '5' as it's first digit!
It's all good.....
ATB

Barclays Resistance of 45.10p (as detailed earlier this morning here), has proven 100% accurate. Also, Shore Capital today, have maintained their "Buy" recommendation on Lloyds Banking Group. A small pull-back tomorrow is more than likely, but otherwise, it looks like it will be a decent week here. ATB

mojo7865 - nobody can know, if we're being honest. BUT pretty much all of the key metrics like P/E, ROCE, P/B etc. suggest that the current share price is pretty undemanding. It remains inexpensive and everything points to the recovery continuing; albeit slowly, due to the high number of shares in circulation. 'Sentiment' should also continue in its positive light. So, all in all, this for me at least, is a definite 'Hold' for the remainder of 2021 - at least. Huge amounts of cash sitting on the Balance Sheet will, in the fullness of time, be paid out; so despite the long wait, LLOY is looking like it should prove to be a rewarding FTSE100 share to be invested in.....at last!

Hargreaves Lansdown analyst Nicholas Hyett said: "For shareholders, the big question is the dividend. Lloyds has built up a formidable capital position over last year and some of that is going to make it's way back to shareholders through a new dividend policy to be announced at the half year. A commitment to a progressive policy, means the dividend is likely to be below 2019 levels, meaning the bank will be left with a still substantial capital pile even after resuming payments. It'll be interesting to see what the bank does with that. Share buybacks, a special dividend, aggressive organic growth or even an acquisition are all possibilities."....sounds a nice problem to me! ATB :)

Trading Resistance 43.88p - then 'Resistance 1' is 45.10p and 'Resistance 2' is 46.93p. Currently bouncing off R1 so, very much as the technicals are suggesting. Overall the Barclays recommendation on the technicals is 'Buy'. . . .

castle2012 - there is nothing definitive, on quarterly dividends, but I'm not expecting any resumption this calendar year myself. They are being super cautious, as anything could still happen to the UK economy this year; including, God forbid, a third wave. So, for now, I would recommend thinking 'no quarterly dividends this year'. I fully expect them to be re-instated in 2022 though. . . . ATB

No! No dividend - but nobody expected one, so that’s fine. . .ATB

https://www.bbc.co.uk/news/business-56906506
Pretty encouraging for a £4+ share price in the near term. . .ATB

HSBC saw first quarter profits more than double versus the year ago period, boosted by a reversal in its credit losses, profits across all major divisions, and with its European and US operations back in the black. For the three months to 31 March, the lender posted adjusted pre-tax profits of $6.4bn. That compared positively to the $4.3bn anticipated by the analyst consensus. Commenting on the results, HSBC boss, Noel Quinn, said: "Global Banking and Markets had a good quarter, and we saw solid business growth in strategic areas, including Asia wealth and trade finance, and mortgages in Hong Kong and the UK." For me, it's the line about UK mortgages, that could be really good for us here! ATB

This is from Barclays Stockbrokers today if it helps people trying to work out, where we may or may not get to! "Trading Resistance" stands at 164.74p. Then Resistance 1 is: 173.87p (Support is 146.50p) and Resistance 2 is: 186.82p. Barclays provide a "Technical Analysis" of 'Accumulate'. . . ATB

They didn't specify, so I would assume, that they are retaining their 'Overweight' recommendation and 46p target price. They will raise this for sure by mid-summer though. Hope that helps. . . ATB

. . .that Lloyds Banking Group is its preferred pick in the UK High Street Banking sector. . .

is absolutely ridiculous. Talk about off-putting - for buyers and sellers alike. Currently, as I write, the share price is £2.65p but someone has just had to pay £2.80p!

have upgraded Lloyds Banking Group from 'Hold' to 'Buy' - while maintaining their existing 50p Target Price. Just in case anyone was wondering why it was flying in the face of a generally lack lustre London Stock Market today! ATB

So, fast on the back of Lamborghini announcing, a couple of weeks ago, record sales; Rolls Royce today, announces the highest sales in one quarter, in their illustrious 116 year history!!! No reason at all why Aston Martin Lagonda can’t follow suit. . . .

£2.98p paid

now I can't!!