Lloyds Grp 9.25 Discussion Threads

[essentialinvestor] 03/1/2024 12:40

What a difference a month makes, eh.

[dope007] 02/1/2024 09:55

Added some LLPD for the first time this morning. I hold RSAB, STAC, STAB and these. Been unable to buy STAC or STAB online at all so went with LLPD to increase my pref share holdings in my ISA

[hindsight] 22/12/2023 17:09

EI, never stopped them when I had ECNs but agree risk much lower now of black horse kicking a second time

[essentialinvestor] 22/12/2023 15:02

Well I've ruled out a forced redemption, PR toxic. Any recession looks as it will be mild. The UK rates cycle turning.

Obvs a 7% yield does not come without risk, but risk reward looks very favourable to me fwiw - in fact this looks a gift of a price.

[hindsight] 22/12/2023 14:56

EI, depends if you trust the black horse not to kick you

[essentialinvestor] 22/12/2023 14:32

Bought some this week, looks value.

[dekle] 08/11/2023 08:28

Are they ex div now?

[vb6] 04/5/2023 08:24

Final Ex-Dividend Date 04-May-2023Final Dividend Payment Date 31-May-2023

[nerja] 04/5/2023 07:47

Is it ex div today?

[pierre oreilly] 31/3/2023 13:58

I just bought back in at 1.34. All the forecasts are for inflation to drop from 10pc to 2pc (pinch of salt stuff) over the next year, so the way I see it, these should rise due to that. Meanwhile this adds almost fifteen hundred quid to my isa income.

[holts] 15/3/2023 15:15

No , more to do with Nwbd’s more robust terms .

[kirkie001] 10/3/2023 22:33

So why would these sell of by 2.5p in a day - a huge move for an illiquid share - when other fixed income pref's don't? NWBD unmoved....

Big seller? In which case, I expect this to recover next week?

[stansmith1] 15/11/2022 21:13

why not buy one of the other prefs like gacb which are currently close to par?

[hindsight] 12/7/2022 09:31

Thank you tbow112, I have made a note. Think at present prices, less chance of par redemption, the robbery proceeds vs reputation damage equation altered

[tbow112] 11/7/2022 22:02

It was when he appeared as a witness before a parliamentary committee. Unfortunately the sound on this computer is not good enough to hear the recordings on parliamentlive.tv, so I have not located the recording.

[hindsight] 08/7/2022 14:55

tbow112 if possible can you remind me where he did. I remember the letter he sent the various CEO of Pibs

[tbow112] 07/7/2022 17:19

"Bailey over saw that so never would have got my vote for BoE govenor."
He did, however, use the word "irredeemable" in the way that most of us understand it. That could one day be important.

[hindsight] 06/7/2022 12:36

Yep brutal, brought few of tender back

[bench2] 06/7/2022 10:23

Wow , 126p offered , another big fall today , totally detached from the yield on long gilts .

[hindsight] 20/5/2022 19:27

With hind sight I should have tendered all rather than 60%. Been buying NWDB, not sure if I will LLPC due to ECN affair. Bailey over saw that so never would have got my vote for BoE govenor

[boystown] 23/3/2022 09:47

Yes, thanks Hindsight; typo now corrected

[hindsight] 23/3/2022 09:36

Boystown, think it was 167.25

[pierre oreilly] 23/3/2022 08:48

Not an expert and not sure being an expert helps.I've been thinking the same as you too.But my simplistic approach is inflation's going up therefore interest rates will follow therefore fixed interest will adjust their yield likewise therefore price will drop further.The other point about the possibility of a lower forced tenders is in the domain of experts. But my simplistic view there is any further tender will be bad news (appreciate an expert's view on that, my view is useless gut feel).