Lloyds Banking Share Discussion Threads

[k38] 24/3/2019 14:14

Some people (Blair) have more blood on their hands than a Dracula can drink in a year.

[xxxxxy] 24/3/2019 14:09

Once some were struck with Blair.

Cost millions dead

Some are struck with Remain

Cost of loss of Democracy

[xxxxxy] 24/3/2019 14:07

Come the May elections.

Do not forget

Do not forgive

HAMMER the Conservative Party

Put the SICKLE into the Labour Party

Many Quislings there.

Vote for Brexit

Vote for Brexit Party

LEAVE and WTO

[k38] 24/3/2019 14:00

I do, it's possible.

[xtrmntr] 24/3/2019 13:56

I just can't see why Lloyds Banking Group (LSE: LLOY) isn't the best bargain in the FTSE 100 right now.I hold some in my SIPP, and though the share price has been disappointing over the past couple of years, I've enjoyed some healthy dividends - and I'm looking for a decade and more of steady, and rising, annual income.That, in a nutshell, is my ISA strategy too. I largely ignore the share price as long as it's not looking overvalued, and concentrate on the prospects for dividend yields over the long term.DividendsRight now, Lloyds dividends have recovered strongly from the financial meltdown and are forecast to yield 5.3% this year and 5.6% next. The payments would be more than twice covered by earnings too, which gives me confidence that they'll be sustainable over the long term.The fact that Lloyds shares are priced on a P/E multiple of under nine, well below the FTSE 100's long-term average, is something I see as an extra - and any share price appreciation over the next 10 years or so will be a bonus.A low P/E can be a sign of caution too, as it can indicate a share price that's low for a good reason. But with Lloyds, I really don't see any need for such a bearish view based on the company itself. I can only see the share price weakness down to the malaise that's still afflicting the financial sector, with fears greatly boosted by the uncertainty surrounding Brexit.CashThe bank is well capitalised, is growing profits, has strong cash flow, and its UK retail focus makes it, I think, the UK bank best insulated from the effects of Brexit.My colleague Rupert Hargreaves has pointed to what I agree is Lloyds' biggest risk right now, its exposure to the housing market. As the UK's largest mortgage lender, there's a fear that Lloyds could see bad debts rise should we face a falling housing market, and it could then have to make financial provisions for that.But while the housing market is cooling, prices are holding up, and I see that as a good sign for the market in general as we're in one of our toughest economic periods for some years. The housing market is also seriously, and chronically, undersupplied - and a serious shortage does 't usually presage a falling market.Valuation?What could Lloyds shares be worth in the long term? Even if the economic risk warrants a P/E below the Footsie's long-term average of around 14, I can't help seeing a multiple of about 12 being justified in the long term - especially if the bank's healthy dividend yields don't come under threat in the next couple of years.That would suggest a share price of around 87p, a premium of a third over today's price. But even without that, a 5.6% dividend yield on today's price, reinvested in more Lloyds shares, would grow £1,000 invested today into £1,725 in 10 years on its own.And that's why, in addition to having some in my SIPP, I have Lloyds shares down on my 2019 ISA shortlist too.

[bargainbob] 24/3/2019 13:37

Good Read and some pictures for Jacko if his mind wanders off half way through.

[stonedyou] 24/3/2019 13:32

bbalan - You feeling insecure.....

[bbalanjones] 24/3/2019 13:25

Tony Blair was sadly duped (as very many others were) by the 'dodgy dossier'. Other than that cardinal error he was a decent PM as that ilk goes.

[bbalanjones] 24/3/2019 13:21

M2: Totally agree re JRM, a 'posh boy' who looks down his nose at others with distain and haughter.

[minerve 2] 24/3/2019 13:19

"let us put Jacob Rees Mogg up against Vince Cable, or Rocco Forte up against Alaister Campbell."

JRM was put up against Caroline Lucas of the Green Party and she completely owned him.

[bbalanjones] 24/3/2019 13:17

diku: smell the coffee:- Dividends paid on 21/05/19.

PPI ends August!

[diku] 24/3/2019 13:12

Anybody think time for Lloy to lose 50% of the up move from 50p to 66p...so 58p is possible...

[bbalanjones] 24/3/2019 12:59

g2: The fortifications underpinning the Brexit vote seem to be being attacked by an unstoppable tide.

[bbalanjones] 24/3/2019 12:56

jo7: so sorry you seem to be suffering. Did you have a restless night?

[grahamite2] 24/3/2019 12:54

The Chancellor also said a coup in Cabinet against Theresa May would be “self indulgent”



That couldn't be because she's the only person desperate enough to employ him in any position higher than a janitor, could it?

[xxxxxy] 24/3/2019 12:52

May Elections.

HAMMER the Con and Labour Party of QUISLINGS.

[xxxxxy] 24/3/2019 12:50

And 17million ignored.

LEAVE and WTO

Save 39 billion. Keep it from The Leeches of EUSSR

[jacko07] 24/3/2019 12:47

One million March against Brexit , the Advfn lloy thread Brexiteers held there AGM in two phone boxes .

Bargainbob....it is THEIR, THEIR. Useless Jock education five rungs down the ladder from a tenth rate Pontypridd Tech education.

ROFLMAO

[jacko07] 24/3/2019 12:36

Time for a new referendum. Hard-Brexiters probably don't number more than a few million.

Minerve..why don't you apply your energy and time on your share portfolio which has more dogs in it than Battersea Canine Rescue.

As for Remainers being more intelligent than Leavers, let us put Jacob Rees Mogg up against Vince Cable, or Rocco Forte up against Alaister Campbell.

The nonsense get worse by the day, and if there is a Govt petition on Leaving without further ado, it will outnumber the petition that has just gone. The biased BBC actually interviewed children on that march yesterday, things have reached rock bottom!