LLOYDS is going to FLY trader_jack: You mention the cost of holidays. I would not like to see her savings frittered away on a holiday or holidays. Such pleasures should come out of her day to day living costs. If she has insufficient cash left over at the end of the week / month then she would have to do what we all did when we were that age - forego the holiday and just stay at home in the garden reading books. It depends on the holiday. 2 weeks lying on a beach in the Bahamas? No. A round-the-world air ticket with 6 stops that you have to think about and plan in advance to get the most from your trip … well that is worth a year’s extra education anytime. Depending on the stops picked, that is. My 6 year-old’s JISA just achieved the £10k point, plenty of time for me to blow it when I transfer it next year probably to a stocks and bonds JISA and go to work on it in the AIM market. When she’s 18 I’d rather she spent the cash on such a trip than most other things. She’d probably get more out of such a trip at a slightly later age. After college is probably too late. Its hard to get employed if you take a year out after a college and before starting work. Travel broadens the mind and the horizons, especially if the stops take in, say, New York, Sydney, Tokyo, Shanghai, Bombay, Rio. She can spend whatever is left inter-railing around Europe. The difference in maturity and development after such travels is unbelievable, I’ve noticed… Perhaps I’ll go with her just to make sure she stays safe …
LLOYDS is going to FLY PHILKES: O dear SOI. Just hit 58p. yep, lovely, allowed me to close a long @ 57.87 on limit earlier. Lower will be seen again within days. 57 will fail. soi
LLOYDS is going to FLY skiking37: so looking at AZN and GSK. You have to look at their new drug development pipeline. How many potential block-busters do they have in Stage III testing is the question you want answering. It is so fundamental to investing in big pharma I believe they maintain a development pipeline time-line calendar on their web sites.
LLOYDS is going to FLY PrefInvestor1: I’d be worried about them all crashing at the same time, @PrefInvestor1 AIM doesn’t do that though. As I’ve said before it is the only real diversification left that I’m aware of. A bad day on a major stock market tends to be replicated on all of them around the world now, and across most if not all sectors. That’s due to it all being driven by massive funds, so big they back sectors and indices and couldn’t possibly get involved with AIM because they don’t have any change that small in their cash draw. Any kind of interest that was meaningful to their assets under management would result in them buying the company. So, when the relatively small mega-fund managers herd mentality gets panicked, that sentiment tends to be felt throughout all major markets around the globe. On days like that the only green I find in my portolio is some of my AIM stocks.
LLOYDS is going to FLY I’m looking at another company to invest in and I am contemplating a pharma so looking at AZN and GSK. GSK has recently announced their results (beginning of the month) and, not being an expert in analysing the facts and figures, nothing really stood out as wrong however, the SP has dropped quite a bit since. Clearly today its gone XD. Given the recent drop is this now a buying opportunity do you think? Still keeping my investments based around dividends but also looking for 5-10% increase in SP before selling and hopefully buying back lower. I’ve had a search on ii and there is bugger all hence why I’m posting here and looking a your views/insight
LLOYDS is going to FLY Its only money TJ! Frog
LLOYDS is going to FLY J_Westlock: Here’s my guess: It’ll all get spent on a Hen Do and Wedding 10 years from now. Oh J. Westlock please tell me you are only trying to wind me up. I want to think that my granddaughter would be a little better than that. You don’t paint a very good picture of the grandchildren of the person you were executor for but hey, I will be pushing up daisies or whatever so I suppose the question would be : will I be able to look down (or up) to see how my grandchildren react when the finally get their mitts on their inheritances and will I be able to grind my teeth whilst watching all this happening… Best regards TI
brand new updated broker note [link]
I was hoping the lloyds fall would continue towards 60p so I could top up ... I have a significant holding with a buy in at 52p, keeping hold for dividends, not too worried about short term share price moves. Lloyds continues to cut costs, PPI will eventually shake out, dividend only going one way.
It looks as though Lloyds SP is creeping up again. But this is just a sprat to catch a mackerel. As soon as the government gets its money back, it will dump its stock on an unsuspecting public. Then, within 2 months, the global markets will be rattled, and the stock will be lucky to find buyers at 20p. Wannabe millionaires, beware. For the rest of us, don't gamble your mortgage or rent on this one!
I would not hang around for a (Lloyds Bank) dividend. Extricate, and rejoice that you are a survivor. Lloyds is a "dog". Get out whilst you still can.
When is the government going to off-load its Lloyds stock on the unwary? Post-Brexit the SP was 47p. Today it's 53p and that is with a Footsie ot 6,700. If the Market falls into a nosedive, I suspect that the 47p price will be sliced through like a hot knife through butter. If this be the case, it could be dangerous to take any stock above 40p. When Wall Street wobbles, and comes crashing down later this year, it will suck in all the global economies in its wake. How then would Lloyds stand up to a Footsie at 4,500? How about 15p to 20p? Lloyds is just so wrapped up in the UK with massive exposure to the UK economy. I'd much prefer to take my chances in gold. If we are sucked into this economic vortex, gold prices may go up 500% over 24 hours. I see huge losses ahead for Lloyds but security in gold. But investors must feather their own beds accordingly.
I'm in LBG for the long-term, the Bank of England has said that the major British banks have been tested to withstand way worse scenarios than Brexit: [link] - I think it's a great opportunity for mid-long term investing, and why I added to existing position.
They sell less than 10% of their stuff to us, we sell more than 40% of our stuff to them , who will get hurt more if we stop trading?
bhp