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Says bugger all about Major banks, it says 10 small banks showing problems so may expand to medium, whats that got to do with a Major Bank like Lloyds that has more money than it knows what to do with , mainly because they do not share enough with us long suffering shareholders. Anyway back to the Garden want to get finished in time for a cold one in a few hours
Never heard of it, apart from "might fail to perform compared to peers" not sure how this relates to LBG, after all , it is a bank ?
From Investopedia
When one of the three major credit-rating agencies places a company on negative watch, it indicates that the agency has noted a circumstance or circumstances that might cause it to downgrade the company's credit rating in the near future.
It is not a sure thing. Once a rating agency places a company on negative watch, there is a 50% chance that the company’s rating will be lowered sometime in the next three months.
Understanding Negative Watch
In addition to its credit rating, the agencies attach an outlook to a company, reflecting the agency's conclusion about the ability of that company to repay its debt. The outlook may be stable, under review, negative watch, or negative. No company or nation ever wants to be placed on a negative watch. They would rather be stable, or, even better, to be placed on positive watch, which is the path to a credit rating upgrade.
KEY TAKEAWAYS
A company's rating is an indication of its ability to repay its debt.
A negative watch indicates that its ability to repay may be deteriorating.
A company's outlook may be stable, under review, negative watch, or negative.
Having its credit rating downgraded, or being under a negative watch, is a big blow for a company. It means it will have to pay a higher rate of interest to borrow money from a bank or issue bonds on the market for the foreseeable future.
Moreover, it is a signal that the company is likely to underperform compared to its peers. Stock investors will read it as a harbinger of bad news about a company. The news could negatively impact the company's reputation with all stakeholders including with the general public.
The Rating Agencies' Role
The three credit ratings are Standard & Poor's (S&P), Moody's Investors Service, and Fitch Ratings. Their role is to evaluate the creditworthiness of companies, and the ratings they assign directly determine the interest rates a company must pay its bondholders.
A negative watch is the result of an analysis of a company's current financial condition.
When a rating agency downgrades a company's credit rating, it is a signal that the company will likely underperform compared to its peers.
Oh get over yourself , plonker , its a joke, based on the Chairman's position being mentioned in BDEV share news, but nothing about inflation figures "woke world conspiracy theories " ha ha ha, enjoy the sunshine, sunshine
Soo ? let me get this straight, the share price has gone down 20p (4.5%) because the Chairman has been alleged to have told a Lady (in 2019 while head of the CBI) that she looked good in a particular dress. You could not make it up in this woke world, worry not anyone , if will recover from "Dressgate"
ERV1 : Long time eh ? yes we both made it (Mrs J is 8 years younger than me )and enjoying what we have and guess what ? the business world lived on without me, who knew ? . Not rich , but not poor either, more very comfortable and not worried about daft fluctuations in banker share prices at all. Hope all is well your end
Hi again Chid, you have obviously seen the headline (meant to scare you) that hypersonic missiles travel at 15,000 mile an hour, do you know that our own missiles travel at 18,000 mile an hour and we have 85 subs full of the little beggars, far more than "poo tin". The yanks have far more fire power than that , so seriously doubt that any doomsday senario is going to play out any time soon. China is in such deep sheet that all it can do is posture, so sleep easy , all is well , heading for the sun in two weeks myself, keep calm and carry on is my motto
Hi Chid, it is a tad better than "duck and cover" oh and what did I say yesterday about chicken lickin ? , nice to wake up this morning a see a nice raise. In my share price sadly, but still good to be happily retired
Now dear Lady , long time no talk , cannot keep up with your regular metamorphasis , you do know that the US tax year does not end on April the 4th like ours , so that will not be the case and you do also know that Directors here always mitigate their tax by a sell off at tax year end (they do on all my investments not just Lloyds) so why spout rubbish , you used to be fun once (a decade ago )
Gazzlebury: Yes mate,sorry but all companies do it, and in fairness not all their shares are given to them, they do buy some themselves. They also have restrictions on when they can buy and sell due to insider knowledge, it ain't perfect but it is the way it works
You could also ask about Gordon Brown selling off 395 tonne of our gold or even better the £20-30 billion pounds he wasted on the failed NHS IT scheme in the late 90's early noughties, he was warned by the NHS that it would not work but did it anyway
Beetroot : Get what you are saying but it goes both ways , I had PSN bought at an average of £5 quid a share and sold them at £12.50, just before XDIV, made a mint and thought I had done well only to see them go up to £30 a share. Time in the market makes money , timing the market does not. Having learnt from that I top sliced my Barrett shares to a point where I now have over 10,000 shares here that stand me at nowt, Todays rise and and going forward makes it good bet (but I still rue the day I got out out of PSN) investing eh , great fun, but I am still well in profit despite the last last decades fun and game
scooter: it' sentiment , that's what rules the market, the market makes money on sentiment, fundamentals mean nothing in comparison. Those who have lots of dough are not frightened, those who's pensions depend upon it are, why would anyone sell yesterday when they have a nice divi coming ? but they did. The market makes money by making the retail investor c ack themselves and sell up then hoover up the cheap shares