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djframboise - Unfortunately, these people do "believe their own nonsense".
I've found the best strategy is to filter the worst of them and not get involved in their irrational flag waving and tub thumping.
Thanks Otto123 and Fleccy. I wonder if anyone in the "dark world of accounting" can shine further light on this.
SP on a bit of a slide. I'm not an accountant, can somebody please explain the headline statement: Profit for 1st quarter down 95% at £74m. The accounts for the quarter show profit of £404m. £800m after tax. Down on last year, but nowhere near 95% down. Perhaps I'm missing something obvious, but as I say, I'm not an accountant.
So many things affecting this, and other, share prices, making it difficult to predict which way it will go. Markets usually prefer caution. End of year results in a couple of weeks will give a bit of a steer, but coronavirus, brexit uncertainties, challenger bank competition, etc. will continue to influence sentiment. IMO it's currently undervalued. There's every likelihood dividends will increase a little this year, and there's every likelihood dividends will be maintained, at least into the immediate future. My relatively small holding, 100k, forms part of my investment portfolio, so I'm holding. But I'm sitting on a loss as my average buy is about 63p. Anyone got a supportable view as to how Lloyd's share price might move?
UBS and Peel Hunt have both, today, issued Buy ratings with target prices of 1.50 and 1.80.
Welcome to the Hotel California!
Crowcast - Please, why do you bother? I long ago tired of the hate filled infantile ramblings of many who post on this site, although they did occasionally have something interesting to say. You'll never change them. Basically, they're negative minded pub or club bores. Just filter them.
Don't much bother with this chat site since it was hijacked by the school playground mob, but will independently donate £10 to Shelter as pledged.
Good luck to all Lloyds share holders for the coming year.
SUFCESSEX - I was hoping for a year end 73p as well. Hey ho! Early in the New Year, once the froth gets blown off brexit, we should get us a better indication of which way this share price is likely to travel in 2019. I'm backing North.
On the plus side, amidst the gloom, if we leave the EU in such a way that Carney's predicted 33% fall in house prices materializes, my children might be able to afford their own homes, if they still have jobs. Unfortunately Lloyds aren't the most attractive fixed term mortgage at the moment.
Deafcon - thanks for this. Better than the usual hate filled, paranoia fuelled, narrow minded bigotry that appears at length on this site. But I guess those fitting this description, if they bother to watch it, will take from it whatever fans their hatred.
Lloyds a bit flat at the moment. I'm still holding. A strategy I adopted at 60p in the belief an upturn was imminent. Bad call! Overall, company news is positive. 57p seems low. All factors influencing price - Brexit, Trump, etc. - will resolve.
Kellogs - thanks for this link. Definitely worth listening to. Some of the commentators have wisdom beyond their years. As you suggest, listening to these could be better value than a course on how to invest. Perhaps everyone should spend a few minutes listening to these before they either dip a toe into the markets or continue with their current investment strategies. If they're already investing, and if they're reading this they probably are, they may still go on making mistakes but at least they'll have a better idea as to why they're making mistakes.
Gate1 3boy - Labour back in power, "I'd like to think the British electorate aren't that stupid". Look at the referendum result. I'm afraid they can be.
We're still here deepjoy, clinging to the wreckage. Good to see a reasonable SP rise this week. Interim results due out next Thursday (27/09). I hope the divi's safe!
Chancer100 - Salary is important, but so is quality of life. PhD don't always get paid very much. And as for your challenge to "a scientific intelligence test" - with respect, are you alright? Sounds like the sort of thing President Trump would come up with. In fact, I think it was something President Trump came up with, or something like it. But your challenge does say a lot about your temperament.
Chancer100 - What happened to the wisdom of old age. You missed that out. Have you not got there yet? Something to look forward to, perhaps.
Andyagogo - My concern is more for my children than me. Their teams contain PhD students and post-doctoral staff from many countries. It's lovely to see them all working, socialising and laughing together, but since Brexit those from other countries report feeling less welcome here. Some are making plans to work elsewhere, partly because future funding is getting less certain. Like you, I hope for a workable solution to it all. ATB
I think the majority will want back in long before 44 years are up. Even Nigel Farage said before the referendum result, he would campaign on if leave lost and push for another vote. I didn't (and still don't) agree with his views, but respected this. I don't think he would have had 44 years in mind when he said it. I don't understand what "remain idiots using bureaucratic means to stay in this German ramp" actually means, although I expect somewhere in there you've managed to express hatred towards remainers, bureaucrats and Germans. Not bad for one sentence. Even Lord Rothermere's advice to his editors was only 'everyday give them something to hate' you've managed 3 things in one sentence.
Chancer100 - Personally, if a Court is Just, Fair and Compassionate, I couldn't care where it is based. And, yes the leave vote won. The remain vote will go on campaigning to reverse that decision. It's called Democracy. You obviously don't like it. Tough!
mick-b, I don't think the will of the people was "to impoverish themselves". This is a likely consequence of their vote to leave the EU, not something they voted for. A recent pole indicated the majority are now in favour of remaining in the EU, so perhaps for many the impovetishment consequence is not something they want to risk.
Looks like the buy-back of "up to £1bn" is on target. Current figure about £736.5m. About 1.153bn shares. Average buy-back price about 63.88p a share.
Current share price reflecting Brexit uncertainties, with possible increase in loan defaults spooking potential buyers. IMO, genuine concerns but people letting their imagination get the better of them. Can't see a share price turnaround until Parliament resumes and things become clearer. At lease it will make the buy-backs cheaper!