Lloyds Banking Share Discussion Threads

[xxxxxy] 19/6/2024 13:34

034.Well, the Conservative Elite really made it happen....Seems bonkers to me....but that is the way it is.

[gotnorolex] 19/6/2024 13:31

Sunak delivers, inflation down to 2% but thanks for nothing, here's your walking ticket! What ever happened to "Its the economy stupid!"

[careful] 19/6/2024 13:15

Even if Farage wins Clacton and a few other seats, he will be nothing in the house of commons if Labour have a huge majority.

Why should they care about the rag tag opposition from any other party?

The real problem longer term is that the real lefties in the Labour Party will start to agitate for more extreme socialist policies.

Whether it will be decend into the chaos of the war in the Tory Party between the European Support Group and the front bench remains to be seen.
We remember the Party members de selecting MP's who were remainers.

Things will start smoothly, and there is always chance that Starmer will be a great Prime Minister. Eventually though there could be civil war.
Huge majorities create problems of their own. Votes at 16 will be a game changer.

It is the re shaping of the Tory Party which will be iteresting. A lurch to the extreme right as in France,maybe with Farage involved is a possibility.
But who cares if they only have a few seats. They may never come back similar to the Liberals in the 1920's.

[gotnorolex] 19/6/2024 12:56

Apostasies John Caudwell and Jim Ratcliff have succumbed to the socialists, guess are happy to change their tittles to Oligarchs!
Wonder if Charles Dunstone talk talks the same language now.

[utrickytrees] 19/6/2024 12:46

I hope Ange and Starmer reap havoc with a barage of hard core socialist policies. Britain needs to suffer before Socialism is rejected once an for all like so called conservatives will be this election. I suspect though not much will change...Starmer will bottle it. getting him to come to a decision will be torture particularly with Farage scrutinising his every move.

[jordaggy] 19/6/2024 12:16

Lloyds (LON: LON:LLOY) share price has pulled back in the past few weeks as the focus shifts to the upcoming Bank of England (BoE) decision. After peaking at 57.36p in May, the stock has crashed by over 4% from its highest point this year.
Bank of England’s decision
Lloyds Bank and other British banks have retreated recently as investors wait for Thursday’s Bank of England decision.
Economists expect the bank to leave interest rates unchanged at 5.25% even after the encouraging UK inflation data. According to the Office of National Statistics (ONS), the headline Consumer Price Index (CPI) dropped from 2.3% in April to 2.0% in May.
Core inflation, on the other hand, dropped from 3.9% in April to 3.5% in May. Therefore, analysts expect that the bank will wait for the upcoming election before starting to cut interest rates.
Lloyds is also reacting to the upcoming election that will usher a new era in the UK economy after over a decade of conservatives in power. Some analysts believe that the election could expose the UK economy to a bond sell-off.
There are still reasons to invest in Lloyds Bank even as these risks remain. First, the bank has a dividend yield of 5.02%, which is higher than most companies in the FTSE 100 index. This means that a £100,000 investment will generate about £5,000 in annual dividend earnings.
Lloyds has been hiking dividends because of its strong earnings and its goal of reducing its capital reserves. It also has strong credit ratings with Standard & Poors, Moody’s, and Fitch’s long-term bonds having a rating of BBB+, A3, and A.


Second, the company is still highly undervalued. It has a price-to-book (P/B) ratio of 0.715, which is lower than Unicredit’s 0.825 and HSBC’s 0.82. The P/B ratio is also lower than other banks like JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS).
Third, Lloyds Bank has some positive outlook from analysts. Analysts at Deutsche Bank (ETR:DBKGn) believe that the company has more upside. The average Lloyds share price forecast by analysts is 60.7p, higher than the present 55p.

The daily chart shows that the LLOY stock price has pulled back in the past few weeks. It has dropped from the year-to-date high of 57.36 to the current 55p. The stock has remained above the 23.6% Fibonacci Retracement point and the 50-day and 100-day moving averages.
Most importantly, the stock has formed a bullish flag pattern, a popular positive sign. The accumulation/distribution indicator has also drifted upwards. Therefore, the stock will likely have a bullish breakout as buyers target the year-to-date high 57.35p, which is about 4.1% above the current level

[jordaggy] 19/6/2024 11:18

Lloyds (LON: LON:LLOY) share price has pulled back in the past few weeks as the focus shifts to the upcoming Bank of England (BoE) decision. After peaking at 57.36p in May, the stock has crashed by over 4% from its highest point this year.
Bank of England’s decision
Lloyds Bank and other British banks have retreated recently as investors wait for Thursday’s Bank of England decision.
Economists expect the bank to leave interest rates unchanged at 5.25% even after the encouraging UK inflation data. According to the Office of National Statistics (ONS), the headline Consumer Price Index (CPI) dropped from 2.3% in April to 2.0% in May.
Core inflation, on the other hand, dropped from 3.9% in April to 3.5% in May. Therefore, analysts expect that the bank will wait for the upcoming election before starting to cut interest rates.
Lloyds is also reacting to the upcoming election that will usher a new era in the UK economy after over a decade of conservatives in power. Some analysts believe that the election could expose the UK economy to a bond sell-off.
There are still reasons to invest in Lloyds Bank even as these risks remain. First, the bank has a dividend yield of 5.02%, which is higher than most companies in the FTSE 100 index. This means that a £100,000 investment will generate about £5,000 in annual dividend earnings.
Lloyds has been hiking dividends because of its strong earnings and its goal of reducing its capital reserves. It also has strong credit ratings with Standard & Poors, Moody’s, and Fitch’s long-term bonds having a rating of BBB+, A3, and A.


Second, the company is still highly undervalued. It has a price-to-book (P/B) ratio of 0.715, which is lower than Unicredit’s 0.825 and HSBC’s 0.82. The P/B ratio is also lower than other banks like JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS).
Third, Lloyds Bank has some positive outlook from analysts. Analysts at Deutsche Bank (ETR:DBKGn) believe that the company has more upside. The average Lloyds share price forecast by analysts is 60.7p, higher than the present 55p.

The daily chart shows that the LLOY stock price has pulled back in the past few weeks. It has dropped from the year-to-date high of 57.36 to the current 55p. The stock has remained above the 23.6% Fibonacci Retracement point and the 50-day and 100-day moving averages.
Most importantly, the stock has formed a bullish flag pattern, a popular positive sign. The accumulation/distribution indicator has also drifted upwards. Therefore, the stock will likely have a bullish breakout as buyers target the year-to-date high 57.35p, which is about 4.1% above the current level.

[utrickytrees] 19/6/2024 11:12

I would hope Farage like Trump will be pretty consistent as an anti corruption/ black ops candidate. Considering a term is only four years what other options do the two have? For me it demonstrates a courage of their convictions.

[gotnorolex] 19/6/2024 10:45

scruff I see Farage in the Trump mould of either suing or blackballing any one with an opposing view! More often than not on the same page as these two, on many burning issues of national importance, without the bilious approach!

[freddie01] 19/6/2024 10:38

Bank of England set to hold interest rates again after almost a year at 5.25%


Interest rates have been at 5.25 per cent since August 2023, and look set to stay there

[optomistic] 19/6/2024 10:33

Possibly Skinny...but look around the corner first ;-))

[skinny] 19/6/2024 10:25

Is it safe to come out now?

[bulltradept] 19/6/2024 10:12

"Lost count of how many times he got rejected by voters!
MEP hitman! Big BREXIT influencer but only from the outside!"

Maybe this is his year?

Regarding why UKIP only got one seat at the General Election was because we don't have a proportional representation in this country, simple really.

I'd suggest his influence, his personality and his conviction, shows the general public he has backbone.

You show me ANY of the main parties leaders that can point to this level of conviction?

It's OK, I'll wait.....

[gotnorolex] 19/6/2024 10:03

bulltradept... Here's a dictum for Farage!
"Every man is the architect of his own fortune"
Lost count of how many times he got rejected by voters!
MEP hitman! Big BREXIT influencer but only from the outside!

[geckotheglorious] 19/6/2024 10:02

Jrphoenix

Probably "Institutional Investments" who was spamming the board profusely over the last few days.

Cant say I've checked though.

[stonedyou] 19/6/2024 09:01

MILITARY SITUATION ON UKRAINIAN FRONTLINES ON JUNE 18, 2024 (MAPS UPDATE)

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Russian forces shot down three drones in the Belgorod region;

Tanks with petroleum products caught fire in Azov as a result of Ukrainian drone strike;

Clashes continued in Volchansk;

Clashes continued near Sinkovka;

Russian forces advanced near Sokil;

Russian forces advanced near Arkhangelskoe;

Clashes continued near Glubokoe;

Clashes continued in the Kanal district;

Clashes continued in Krasnogorovka;
Clashes continued in Urozhainoe;

Russian forces eliminated 455 servicemen, one Gvozdika artillery system, one M119
howitzer in the Kupyansk area;

Russian forces eliminated 665 servicemen, two armoured vehicles, two motor vehicles, one D-30 howitzer in the Chasov Yar area;

Russian forces eliminated 355 servicemen, two MaxxPro vehicles, two motor vehicles, one Msta-B, one D-20, one Gvozdika, two D-30 in the Donetsk region;

Russian forces eliminated 155 servicemen, one armoured vehicle, one pickups, one Krab, one FH-70 in the Southern Donetsk area;

Russian forces eliminated 80 servicemen, six motor vehicles, three D-20, one D-30, one M119 howitzer in Kherson region;

Russian air defense forces intercepted 24 Ukrainian drones over the past day.

The Russian army shot down three drones in the Belgorod region;

The Ukrainian Army deployed more reserves in Volchansk and near Liptsy;

Clashes continued south of Glubokoye;

Clashes continue in the town of Volchansk;

Clashes continued near Zelene;

Up to 130 servicemen, two armoured vehicles, one M109 Paladin system, one D-20 howitzer, one Gvozdika system, one D-30 howitzer were destroyed in the area.

Russian forces advanced north of Arkhangelskoye;

Russian forces advanced north of Sokil;

Clashes continue in the northwestern parts of Novoaleksandrovka;

Russian forces advanced near Yasnobrodovka;

Clashes continue around the Karlovske water reservoir;

Up to 355 servicemen, two MaxxPro vehicles, two motor vehicles, one Msta-B, one D-20, one Gvozdika, two D-30 were destroyed in the area.

Clashes are ongoing in the area of the Razdolovka railway station;

Clashes continue in the eastern part of Razdolovka;

Russian forces are advancing toward Vyemka;

Clashes continue near Spornoe;

Clashes continue on the western outskirts of Bilogorivka;

Up to 355 servicemen, two MaxxPro vehicles, two motor vehicles, one Msta-B, one D-20, one Gvozdika, two D-30 were destroyed in the area.

Last Ukrainian forces reportedly retreated from Krynki;

Russian artillery pounded AFU units in Daryevka;

Russian artillery pounded AFU units in Osokorovka;

Russian forces advanced near the Antonovsky bridge;

Russian forces advanced on Bilohrudyi island;

Up to 80 servicemen, six motor vehicles, three D-20, one D-30, one M119 howitzer were destroyed in the region over the past day.




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[scruff1] 19/6/2024 08:46

jordaggy
Me too. He looks like Jo 90 - though Jo was a puppet whereas Kneel is a muppet. Lets hope he last about the same time (12 months or preferably much much less). Very disappointed Ratcliffe has backed him. But then hes backed Ten Packs.

[aceuk] 19/6/2024 08:37

Just be happy they've been removed and normality has been resumed

[jordaggy] 19/6/2024 08:30

Starmer went down on one knee in support for BLM. He still refuses to say what a woman is. I hate the man, he's a complete and utter twit.