Lloyds Banking Share Discussion Threads

[vlad the impaler] 07/6/2024 14:33

Im just wondering, why all the highly educated and market savvy here, like to pretend they are very very dim

[institutional investments] 07/6/2024 13:47

I keep telling you, the possibly one real investor on the whole thread - lloyds is going to be slaughtered. US is now full on bear mode financials

Just letting you know at its highs lol

[institutional investments] 07/6/2024 13:45

market crusher numbers

how beat that next time?

[jordaggy] 07/6/2024 13:39

Well, with latest US jobs report just out, I can't rates coming down anytime soon.

[gotnorolex] 07/6/2024 13:34

The cheeky ungrateful sods sent immigration officers to greet our parachute brigade who were engaged in a re-enactment of the landings which were once their saviours. On these very same shores, they turn a blind eye to criminals indulging in illegal practices of people trafficking without confrontation.

[hangthedj] 07/6/2024 13:29

Yes, suppose the properties are just being bought outright by Citra and no ongoing finance to service every month.

Only thing is if you have £4billion to spend you could stick it in a savings account at 5% and get £200m in interest every year for doing nothing with interest rates being as they are atm.
Obviously this all changes when interest rates drop, so perhaps long term it'll work out a sound proposition, pays your money, takes your chances.

Or indeed spend the £4b on lloyds shares and get 5% plus dividend every year :-)

[scruff1] 07/6/2024 13:12

and you have as much chance of being next PM tricky. Sunak has to be doing this on purpose. IMO he is employed by either Nige, Kneel, Vlad or Xi or his next employer in Ca

[freddie01] 07/6/2024 13:09

I think the above figures would be on the low side.

[freddie01] 07/6/2024 13:06

Fair comment hangthedj. It still should be very lucrative for Lloyds though.



Average UK private rents increased by 8.9% in the 12 months to April 2024 (provisional estimate), down from 9.2% in the 12 months to March 2024.

Average rents increased to £1,293 (8.9%) in England, £730 (8.2%) in Wales and £952 (10.0%) in Scotland, in the 12 months to April 2024.

In Northern Ireland, average rents increased by 10.4%, in the 12 months to February 2024.

In England, rents inflation was highest in London (10.8%) and lowest in the North East (5.8%), in the 12 months to April 2024.

In Great Britain, average rent was highest in Kensington and Chelsea (£3,356) and lowest in Dumfries and Galloway (£477).

Average UK house prices increased by 1.8% in the 12 months to March 2024 (provisional estimate), up from a decrease of 0.2% (revised estimate) in the 12 months to February 2024.

[hangthedj] 07/6/2024 12:54

freddie01 - so that's £500 per month per property profit, not quite sure if that's feasible?

Also - 50,000 properties valued at a total of £4billion is £80k each.

If my maths is correct as there's a lot of zeros on my calculator:-)

[institutional investments] 07/6/2024 12:46

I did not make any muppets Mingy. They were always here lol.

[ming da merciless] 07/6/2024 12:43

I think that was 520 at BP. LLOy same fate. Fair play II. You have made proper muppets out of this lot.

It's getting hammered yet again

[gotnorolex] 07/6/2024 12:38

Sunak has made the biggest blunder of his political career by not attending the last leg of the whole D day event. We having won the bloody war couldn't get the current Prime Minister to be present at the closing ceremony and standing proud alongside Biden, Macron and even the apologetic Olaf Scholz.
He's simply had it now in the party and cannot possibly lead now or be leader of the opposition either. Bye Sunak!

[gotnorolex] 07/6/2024 11:56

Cuban missile crisis déjà vu
Tin hats on "Russia Sends Warships, Including Nuclear Submarine, to Cuba"
Kennedy delt with it firmly! What will Biden do? Trump will ask them to get him out of jail!

[optomistic] 07/6/2024 11:04

It's having a go at the BP thread as well! AS I said before sad person.

[freddie01] 07/6/2024 11:02

Back to Lloyds. I read this morning that if they reach 50,000 properties it should make Lloyds 300 million profit a year.



Lloyds, which is the UK's biggest mortgage lender, launched Citra in 2021 with the aim of building 50,000 homes by the end of the decade.

This would make it a larger company than Grainger, the country's biggest private residential landlord, and give it an estimated balance sheet of £4billion and £300million in pre-tax profit.

[freddie01] 07/6/2024 10:59

I did warn. Even filtered it's a real pain.

[institutional investments] 07/6/2024 10:48

Where were we? oh yes

LLOYDS being the worst income selection in the sector, and at the wrong times included

[institutional investments] 07/6/2024 10:47

Indeed it would be. Im sure our advfn book also contains APPL short since last at inception price too etc. Our portfolio managers here are great with records haha

[thanatos abysss] 07/6/2024 10:46

Bearish RR at 70p - 'now thats dim'

[institutional investments] 07/6/2024 10:44

That's odd. Something coaxes out their dimness

It's not me calling you dim. Honest

it's market

loool