Member Info for volcano

yes mate it is very hard to clime a mounting , but it is very easy to tumble downhill ,same with the shares, lol

FTSE 100 had very good run ,it was 6800 in October and it was 8000 three weeks ago , could we see bear market , who knows

same here ,i am very happy to collect the dividend every year.

wow just gone under £6 ,wrong day to announce the results ,lol

Global rate hike expectations fell in the aftermath, with a 50bps rate hike from the Fed next week now no longer considered a certainty.

Eyes will be on European banks at the open, with Deutsche Bank's shares already up 4.3% higher in early Frankfurt-trading while Commerzbank shares were up 3.8%.

European banks shed 3.8% on Friday.

USA futures are up and FTSE 100 would be up today

FRANKFURT, March 13 (Reuters) - British life insurer Phoenix on Monday said 2022 operating profit rose 1%, higher than analysts had expected, and forecast cash generation of up to 1.4 billion pounds ($1.69 billion) this year.

Phoenix, which specialises in books of life insurance business, also said that it would increase its dividend by 5% and that it would continue to assess possible mergers and acquisitions.

Operating profit of 1.245 billion pounds in the year compared with 1.230 billion a year earlier. Analysts had expected group operating profit of 1.134 million pounds.

Cash generation, a key metric for the group, was 1.504 billion pounds, down from 1.717 billion pounds a year earlier. It was, however, higher than the 1.448 billion pounds analysts had expected.

LONDON/FRANKFURT, March 10 (Reuters) -

Shares of SVB Financial Group were halted on Friday after tumbling 66% in premarket trading, as investors balked at the company's efforts to raise capital, underpinning a broad selloff that wiped out billions in market value from lenders around the world.

The brutal rout in the lender's stock spilled over into other U.S. and European banks as the episode spread concern about hidden risks in the sector and its vulnerability to the rising cost of money.

The S&P 500 banks index dropped 6.6% on Thursday and was set to open lower again on Friday.

Europe's STOXX banking index fell more than 4%, set for its biggest one-day slide since early June, with declines for most major lenders, including HSBC, down 4.5%, and Deutsche Bank, down 7.9%.

The crisis at SVG was feeding growing investor concerns that banks will be vulnerable to the rising cost of money

LONDON/FRANKFURT, March 10 (Reuters) -

Shares of SVB Financial Group were halted on Friday after tumbling 66% in premarket trading, as investors balked at the company's efforts to raise capital, underpinning a broad selloff that wiped out billions in market value from lenders around the world.

The brutal rout in the lender's stock spilled over into other U.S. and European banks as the episode spread concern about hidden risks in the sector and its vulnerability to the rising cost of money.

The S&P 500 banks index dropped 6.6% on Thursday and was set to open lower again on Friday.

Europe's STOXX banking index fell more than 4%, set for its biggest one-day slide since early June, with declines for most major lenders, including HSBC, down 4.5%, and Deutsche Bank, down 7.9%.

The crisis at SVG was feeding growing investor concerns that banks will be vulnerable to the rising cost of mone

LONDON, March 10 (Reuters) - European currencies rallied, while bond yields fell and regional equities trimmed some losses on Friday after mixed U.S. labour market showed more robust payrolls growth, but a rise in the unemployment rate, while wage inflation showed signs of cooling.

results next week

USA future's are down ,but long way to go yet

buying under 50p

results next week 13/03/23

results next week

recovering very nicely

MNG is recovering now

do not worry about 3% drop after 40% rise mate, easy

Looks like FTSE and LLOY for this year

FTSE - which trades at a 20% discount to its own historical valuation and at a 30% discount to global equities - is 8,300 points by December 2023.

That's a 4.7% upside from current levels. On top of that there is also a 4% dividend yield, which is enough for UBS to keep the FTSE among its most preferred equity regions in its asset class selection.

before directors buy this morning INDV was under £15 pound ,but i didn't commit,maybe next time