Member Info for stagecoach

Brixton

Drone attack on Moscow is a dangerous escalation of the conflict, red lines are now being crossed which could result in disastrous consequences for Ukraine and Europe.

This war will only end at the negotiating table.

Global oil prices set for the largest monthly gain since January 2022 despite Iran's oil production jumping to it's highest level in five years risking a renewed spat with swing producer Saudi Arabia on agreed OPEC production levels.

Hundreds of new North Sea Oil & Gas licences to be granted welcome news, and a huge boost for the economy and energy independence and one in the eye for Putin.

A fine line can be drawn between Profit and outright Profiteering.

Banks also have increased wholesale funding and operating costs to take into consideration when setting customer savings rates, also worth noting banking NIMs are still only running at long -term average rates.

0.92p Hardly awe - inspiring to move the current share price, investors are faced with a very long haul until dividends reach pre - covid payout ratios again.

A win - win situation for India, it's growing global economic and military power has both the West and Russia grovelling at it's feet.

Half year 2023 results in so far for Barclays, NatWest and Standard Chartered with the exception of Lloyds, all announce chunky further extensions to their current financial year share buyback programmes to take advantage of low and undervalued banking sector share prices, in my opinion smart move and use of excess idle cash sitting on bank balance sheets.

Why did Lloyds not follow suit with the sector and announce a further injection of cash ( £500m ) into their current share buyback programme.

More unwelcome regulatory framework and reform measures for American and European banks from 2025 onwards, expect the PRA will follow suit with their own version of proposals and will eventually align UK banks to Global Basel standards.

Yes try and fool the Chancellor on profitability, but the Market is always right.

Short simple answer, results came in below market expectations !

Schwee

Agree, results dissapointing but not surprised and came inline with my expectations and predictions to a tee ( 20th July post )

Next, market reaction to the results !

Lloyds will have to pull one mighty big rabbit out of the hat tomorrow to achieve a 10% rise in the share price by the close of trading on friday.

Nuwanda

Portfolio plays are not Lloyds strong point, majority stakes in McCarthy Stone the UKs leading retirement home builder and developer and St James Place Wealth and Life Insurance provider both acquired by Lloyds in similar circumstances to Telegraph Media Group, and sold on hastily below book value for a short - term gain to the balance sheet.

Top end of bid estimates will probably leave Lloyds many of millions of pounds out of pocket, the only winners here are potential sale appointees, JP Morgan and Goldman Sachs who are likely to be handling the disposal of the business.

Another fine mess and legacy to clear up from the disastrous takeover of HBOS by Lloyds.

Shus don't tell the Chancellor, he will be looking for an extra cut, alternatively, tell him " Profit " isn't a dirty word !

Results are probably already baked into the current share price, markets will be looking for future growth expectations and solid earnings rather than past performance by the bank.

It was always the case business, investors and savers ( the only people left with ready cash ) would eventually pick up the tab for this goverments incompetent management of the economy that is now financially crippling our nation.

Enough said for today, enjoy the rest of the day fellow posters.

Livestock

Unwelcome media grabbing headlines for the banking sector.

No mention in all these media articles of higher wholesale funding and operating costs banks are now faced with.

Eightyeight88

Yes tough call for the FED, hold or resume its benchmark interest rate increases and risk further instability and market volatility particularly for the small regional banking sector.

Undervalued stocks....... market myth or fact ?

Markets may regain their all - time highs, sadly for investors many individual stocks and sectors do not !

Cash ISA transfers between providers never leave the tax wrapper and should be completed within 15 business days, part of your new deal when signing up usually includes any accrued interest lost between exchanges will be compensated by your new provider at the agreed new rate of interest.