RE: Re: Projected results 2018 / 1917 Feb 2019 15:51
Fleccy,you said "I just like Lloyds as an investment and find it baffling why the share price isn't in the 70's, or 80's "
Why have you settled for 70p or 80p.Back in 2016 before the referendum some forecasters were saying "100p just around the corner".
Ok it was nothing to do with the referendum.
Looking at the PPI,i think we will get a late rush for settlement.Like an application for an IPO,gets over subscribed in the last few days but as you say PPI is coming to and end and even if the last 3 months have a flourish up to £400-£500m prehaps another £600m more than current rate,would that make much difference to Lloyds.
Interesting dip in PPI payment starting May 2016 and ending that Dec.Could the banks have tightened up on payments a bit during the initial uncertainty and then figured there wouldn't actually be much impact on them?.
I agree, the markets need to catch up .