The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Having owned Lloyds for about 7 years, I feel like I am the bank and they are the punter, borrowing my money and not looking to repay the debt. Just about 3 years ago there was a price surge and I so nearly sold but instead, excitedly I made the decision to hang out for the Dividend and then rid myself of this albatross. I headed off to the beach for a few weeks winter sun. Only for the full forces of covid to hit and the rest is history....so three years later...time for a little insurance.
I have to believe Lloyds are indeed a great bank just by the way they have managed to borrow thousands from me over the past 6 years, all practically interest free and with a reduction on capital if I ask for my money back. At least i have been spared the ......"It'll be a pound by Christmas" diatribe this year. Feeling grumpy.
https://www.msn.com/en-gb/money/other/one-of-wales-oldest-construction-firms-jehu-collapses-into-administration-with-104-jobs-lost/ar-AA13eGdi?ocid=msedgntp&cvid=19553b73dd184a6f97a7b896a7a0b49f
Thought this interesting, South Wales and Bristol firm with 85 years history and 100 million in contracts with local authorities and housing associations gone bang. Blaming 25% uplift in contracts they agreed fixed prices for.
Just shows how dangerous not hedging against price increases can be for these firms,
Wasn't expecting this, made me spit my cornflakes out. I waited and bought a load at 1.83....Oh well you live and learn, I still believe the fundamentals are solid. BTR and Student let schemes might not prove as attractive yield for II in the short term.
I might do a small top up to average down but can't say I'm not concerned. The RNS states no plans to reduce the Divi so maybe we are just beneficiaries of a transparent CEO.
Can't help feeling a little disappointed that the dividend announced didn't reflect the past cancellation of same and ability of BOD to give the long suffering shareholder a little cheer.
Due Deutsche Bank have increased their broker rating price to 61p......yes please.....that's my bye lloyds never want to see you again price.
Been a long time holder here, and whilst its never bad to take a profit, I always regretted selling a reasonable sized part of my holdings when the share price was £1.93 (I missed the dividend). Good updates these last 12 mths and cladding issues accounted for so definitely on my target list to top up ideally less £1.93 / share. BTR is only getting stronger, I don't thing the government want people to own, means they still need to work to pay the rent. Servicing and maintenance side Fresh offers great cashflow.
I sold first thing before the WFT confirmation, gutted, the prices went up nearly 2% but back down today, so small profit to buy back in which was always the intention. I think going forward though I will start to keep a trailing stop loss of say 5%.
I read a lot of capitulation and acceptance of a WFT, some quoting nearly doubling share price over last 2 years. However, the majority are long term shareholders and the share price is still lower than it was pre pandemic and 5 years ago plus the dividend was reduced for a considerable time during this period. I do not recollect calls for shell share holders to receive tax rebate based on no profits and loss of share price value over the previous few years, yet the share holder still stand the risk. (who can forget BP and Deepwater Horizon disaster). IMHO a WFT based on the current scenario is legalised theft. Phew feel better getting that off my chest, however, I accept no one care and we will get screwed :-)
https://www.ft.com/content/7c294c5d-44e7-41fd-8af5-42f4fa3567fd
https://dailybusinessgroup.co.uk/2021/12/watkin-jones-in-btr-and-student-homes-deal/?ocid=msedgdhp
I trimmed my holdings back here after last years Divi, boy do I feel a Divi......oh well onward and upwards. Still in the game and the remainder climbing nicely with a healthy dividend in the pipeline. HNY
I took the plunge a few months back and took 50% of my lloyds shares and invested in PSH.....now 17%+ up, and I see as a very long term holding. Followed these boards for years, if I had a Pound everytime someone wrote 60p coming next month.....£1 by Christmas....I'd be doing a lot better than the actual lloyds shares. True, if you're a trader as opposed to an investor or only invested post pandemic, lloyds has probably been a dream. I'll wait for the inevitable interest rate rise and return div to bolster the share price in the next few months (i hope)....then bye bye
forgot link
https://www.youtube.com/watch?v=Ajzywjf7D1w
https://www.youtube.com/watch?v=BpeHWiRuu2k
Great presentation / insight into how lucky PSH shareholders got by this deal not being able to complete within the PSTH.