The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
LONDON (Reuters) - Lloyds (LON:LLOY) has reached an "agreement in principle" with a property entrepreneur over a 1.3 billion pound ($1.64 billion) lawsuit that turned on the alleged manipulation of benchmark Libor interest rates and the failure of two real estate firms.
However, lawyers for Lloyds and Ardeshir Naghshineh, whose Targetfollow property portfolio once owned the landmark Centre Point tower in central London, told London's High Court on Monday that the terms of the deal had yet to be documented.
No further details were immediately available. The start of the civil trial, due to begin on Monday, was postponed to Tuesday pending any formal settlement agreement.
Investment choices.
“The core assessments for NatWest are between 63% and 86% undervalued. For Lloyds they are 28% to 64% undervalued. Taking the lowest of these for NatWest gives a fair value per share of £5.78, compared to the current £2.14. Doing the same for Lloyds, gives a fair share price of 62.5p, compared to the current 45p.”
December 2023, from the ‘fool.’ Never taken them seriously, but not sure if their figures add up compared to their reasons and results for investment.
But you're right stagecoach, might as well get the money and make it look good on the UK account. Labour will only squander it anyway. Just like the gold sell off, It can't be any worse than Gordon Brown's UK gold sale off. Still called I see, as one of the worst investment decisions of all time.
Being a socialist STP I don't think you are best qualified to answer anything about this subject. As one who swoons on ‘flip flop’ Starmer's every word, who can't even describe what a woman is, what is the point?
If you watch or are interested in Eurovision (assuming the song contest)
I suspect you have a leaning for the bizarre.
And you're asking “are there any straight people left in the world..?”
There's no hope left, you've clearly lost it.
This was Powell's round up so Bailey's won't be far away.
Federal Reserve Chair Jerome Powell tempers expectations that the central bank will soon begin to slash interest rates, as he seeks further evidence that inflation in the U.S. is continuing to cool. The Fed also holds borrowing costs at 23-year highs after its latest policy meeting, but ditches prior language flagging the potential of additional hikes.
Let's be honest.
This BB has run out of meaningful Lloyds related posts of sufficient importance as to warrant a mention. It's a lumbering giant with a good return, most of the time. Interspersed with a crescendo of views around the financial calendar highlights. As we approach the announcement of last year's results on Feb 22nd, I'd like to remind everyone. It's been four years since we embarked on our ever successful journey together, pulling a few doubters along with us.
So, I'd just like to wish all the contributors on here a very happy 4th anniversary.
See what I mean about meaningful Lloyds related posts of sufficient importance. 😋
Often we get polls saying that the British would like to rejoin the European Union. when pollsters ask about this. They then ask if people would still want to join if there was a requirement to join the Euro as our currency instead of the Pound. That showed most people would not wish to rejoin on those terms. Yet that is realistically the choice that would be on offer.
If you think the British people would vote to ditch the pound then think again, it's not going to happen.
It's a non news story, it's dead and buried but the numpties here don't or haven't got the savvy to understand it.
“That is what happens when you elect a senile old twit”
STP, just think only four years ago you supported one of those. His name and your former labour leader, Jeremy Corbyn.
Actually your present leader supported him as well, says a lot doesn't it.
As the Hong Kong high court ordered Evergrande, the property developer, to be liquidated. We should reflect on all the doom mongers here (notably Daft Trader and mick-b) over the last 6 months or so, predicting a catastrophic downturn when Evergrande finally goes to the wall.
Result, the FTSE currently up 9 points.
We are all awaiting your expertise for the next big disaster that's going to wipeout everyone's future.
Keep up the good work.
“I was of course referring to the NHS, breakdown of law and order (stabbings, crime etc.), chaotic and overpriced transport infrastructure and immigration crisis. It was the collective we”
I've heard that before STP.
Looks just like an opposition comment from the Blair years.
“landed us in the mess we are in”
You speak for yourself STP, you might be in a mess and that's understandable. Most of us are doing great.
Lighten the load and get that chip off off your shoulder, you'll be amazed how much better you feel.
“I will still remain staunchly grumpy until this is at least 15p.”
You've missed your chance nickjrs, a couple of years ago this month BEM exceeded your exit price. With more fundraising on the way, unlikely to be repeated except for a massive reverse split, IMO.