Lloyds Banking Share Discussion Threads

[aljm] 16/6/2020 14:24

when have we ever seen low to mid 20's btw ??

[sikhthetech] 16/6/2020 14:20

aljm

" market has already had one correction, why will we get another ?"

Because govn support, via furloughing, is supporting the economy not just here but in many other countries...

Still have US-China Trade wars, Brexit(possibility of no deal brexit), Covid 2nd wave etc...


There is a reason why govn provided and is continuing furloughing until Oct...it wasn't for fun...


"not saying 31p is not ever going to happen again, but nowhere near as likely now IMO"

I think we'll see low-mid 20s again...


Hence why I prefer to drip feed...

[squire007] 16/6/2020 14:19

37p has to be here again soon, just chill

[pinemartin9] 16/6/2020 14:12

Thanks Cobourg1 - I see your point. I've just been on the wrong side of things too often. In these markets I can see an opportunity to make quick money and be patient for a buy in price. It may or may not get there but there will be other opportunities to deploy the money if Lloyds doesn't drop again. I'm not a big investor but on my recent Lloyds chuck I was £550 up in a few weeks. Could've sold them and bought back in. It was about a 15% gain in a few weeks.

Always difficult to know when to sell. Our investment club gets caught out all the time due to indecision and we've had some shares that were 50% up and not sold and seen them drop back to a loss. Never wrong to take a profit IMHO. Comes down to timescales and a pragmatic view on the profit made in what timeframe against the general backdrop of the markets.

[utrickytrees] 16/6/2020 14:10

What are your thoughts on people breaking wind within earshot M2? Personally I dont think it's as amusing as it used to be several years ago?

[aljm] 16/6/2020 14:09

Cobourg, gotta say i agree, market has already had one correction, why will we get another ? not saying 31p is not ever going to happen again, but nowhere near as likely now IMO

[cobourg1] 16/6/2020 14:07

Pinemartin - I'm waiting for 36p again and then will sell.

.................................................................................

As time goes on and recovery hopefully continues and a dividend comes into prospect I think there will be less and less chance of returning to 31p.

Why not sell half at your target price? If the rise continues you're covered and will still make money. If it drops there is still a chance to make money trading with half your investment, selling the retained part if the drop really continues. Life is full of compromises unfortunately.

I wouldn't like to be in the position of being all out, and then having to buy back in at a higher price. Been there, done that all too often in the past.


Lloyds should settle at about 40p hopefully by the end of the year. Well worth retaining a stake in my opinion.

[whitestone] 16/6/2020 13:47

'Major breakthrough' as £5 steroid which slashes deaths for most severe coronavirus patients to be rolled out

[pinemartin9] 16/6/2020 13:32

I'm waiting for 36p again and then will sell. I think the markets will provide another chance to pick them up again at circa 31p.

[alphorn] 16/6/2020 13:30

That does not mean that they are wrong does it.

.........most of the time. ;)

[grahamite2] 16/6/2020 13:20

Your authoritarian tendencies are well known, Minerve, you don't need to keep proving them.

[minerve 2] 16/6/2020 13:12

"What other people do need not concern you."

But it does doesn't it you big fool!

I'll give you a couple of examples, school is in sucker!

(1) Banks lending money to those that can't afford to pay back the debt.

Should it have concerned you? YES. Because it caused the world financial crises that has had a long term effect on our financial futures and standards of living.

(2) People travelling to Italy during COVID and not following advice from government to quarantine on return.

Should it have concerned you? YES. Because the pandemic had reached our shores and if we continued with our original behaviour we would have caught it and some of us would be dead by now.


WHAT A STUPID COMMENT TO MAKE GRAHAMITE2. THAT IS WHY YOU ARE IN THE CHIMP CAGE. BEST START TO READ THE BANANAS BETTER OR YOU WILL NEVER GET OUT.

[mikemichael2] 16/6/2020 13:08

I would 'concern me' if this bunch of idiots brought the virus back home and spread it.

[grahamite2] 16/6/2020 12:45

mikemichael2 16 Jun '20 - 10:37 - 307557 of 307562

Illustrates one of the big problems with this country today - people who don't know how to mind their own bloody business. If you think this "village" is too crowded, don't go there! What other people do need not concern you.

[arjun] 16/6/2020 12:29

33p first and let's knock it off in 10's all the way to half century, or even dare I say it get onto the Lords Honours Board !!!!;-)

[aljm] 16/6/2020 12:14

hi Opto, you is psychic :)

[aljm] 16/6/2020 12:13

depends how high the hurdle is set :)

[arjun] 16/6/2020 12:08

Can the old nag get over the 33 hurdle at the 4th attempt?

[utrickytrees] 16/6/2020 11:57

xxxxxxxxx Jock News xxxxxxxxx

Scotland unemployment rate the highest in the UK & they cant even blame EU migrants cos noone wants to go there.

[optomistic] 16/6/2020 11:37

Lloyds getting ready for a move up...

[mr.elbee] 16/6/2020 11:21

no uncertainty for IQE...but then it is only being manipulated UPWARDS

[m4rtinu] 16/6/2020 10:57

There is still a lot of uncertainty in markets, as last Thursday showed. And for those with more knowledge and nerve than me, plenty of trading. Lloyds without the dividend is like a carthorse without ...? Well, a cart I suppose.

[mikemichael2] 16/6/2020 10:37

Here Min, this is 'us lot' second wave imminent??