RE: Wids18 May 2019 20:38
Yes bumblebee, that was the point I was eluding to as a retort to wids's point about why no-one is buying Lloyd's. I think Lloyd's are sector entrenched. Look at the Italian banks, irresponsible lending, look at Berenberg, sharp practice. Lloyd's skeletons are out of the closet now & the UK economy is buoyant enough for irresponsibility not to be levelled at Lloyd's (atm at least, fingers crossed lol). On balance I think Lloyds is good value at these levels medium to long term, which is why I will be increasing my holding & averaging down.