RE: RE: REMEMBER...10 Jan 2020 14:39
Tranter I've never been shouting from the rooftops regarding this share reaching £1.00.
But at least we now have plenty of debate about Lloyds direction etc on here, which is a change from leaving the EU.
I believe the demise of the SP started as the reaction to Carney's statement concerning the likely direction of interest rates and now the belief that it's probably correct.
Lloyds SP, IMO, will continue to struggle (interest rates aside) as long as we have no agreement with the EU and probably beyond until there's some normality established between us.
The nearer we get to December 31st this year with no or not enough agreement the more Lloyds will struggle.
Yes there's always a threat from 'challenger' banks but so far, not one has emerged yet.
With Lloyds pledging £3 Billion on new IT development there may be a surprise in the pipeline who knows?
Tranter, your rhetoric hasn't changed over the years regarding cheap imported labour, loss of government income etc, we could debate the merits or injustices of this forever, in fact its all been said before on here. It may change after next year who knows but any change won't be instant.
Meanwhile we all have choices regarding investing in Lloyds or not, and by your involvement here I assume you are.
Don't know if this makes sense I'm down the pub, cheers.