Lloyds Banking Share Discussion Threads

[mikemichael2] 20/2/2019 08:49

Can it hold on to 60p though?

[polar fox] 20/2/2019 08:42

Now that we've broken out of the sideways trading of the past four weeks, the share price appears to be in a third wave of what should be, hopefully, a five wave move up into the 60s. The first strong resistance is probably at 64p.

[bargainbob] 20/2/2019 08:41

jpjohn , we only got the special divi wrong . but like buses that will come in the near future and will be even higher.

[jpjohn1] 20/2/2019 08:40

What did I say yesterday, we would hit 60p at some point today

[jpjohn1] 20/2/2019 08:39

What did I say yesterday, we would hit 60p at some point today

[m4rtinu] 20/2/2019 08:38

So, up or down Mitchy?

[mitchy] 20/2/2019 08:35

First broker note Shore today reiterates buy . More to come on these figures I would imagine.

[alphorn] 20/2/2019 08:35

diku - write straddles or strangles depending upon your preference and take both premiums. Yield can be 10-20% which is not bad - that is a guess btw - I have not calculated it until the share price settles and review premiums on offer. I will post in a few weeks on my thread if interested.

(I posted last week that I took full gain on expiring bearish Lloyds options prior to these results).

[diku] 20/2/2019 08:33

Alp...if you run the long and short at the same time would that not just cancel each other?...



Reasonable results IMO. Expect the share price to settle at a higher level. It remains IMO a share to run both long and short postions at the same time as it travels sideways;

[alphorn] 20/2/2019 08:30

No comment on the Preference shares (eg LLPE) which is always good to see.

[m4rtinu] 20/2/2019 08:27

The share price has gone thru 200 day SMA which I guess is positive. Looking a bit good for a change. Much more fun than the politics :)

[alphorn] 20/2/2019 08:26

Reasonable results IMO. Expect the share price to settle at a higher level. It remains IMO a share to run both long and short postions at the same time as it travels sideways; albeit at a higher level. It still qualifies as the quoted 'Post Office' as it pursues its current strategy.

[grahamite2] 20/2/2019 08:26

I think the buyback will mean the same as buybacks always mean, smurfy - makes complete sense in theory and as a matter of mathematics, in practice doesn't help the share price one little bit.

[m4rtinu] 20/2/2019 08:26

Oops. I do mean 200 day SMA. Ta.

[skinny] 20/2/2019 08:24

Shore Capital Buy 59.01 80.00 Retains


m4rtinu - I take it you mean the 200 and just breached.

[poikka] 20/2/2019 08:23

"Given the total ordinary dividend of 3.21 pence per share and the intended share buyback, equivalent to up to 2.46 pence per ordinary share, the total capital return for 2018 will be up to 5.67 pence per share, an increase of 27 per cent on the prior year, equivalent to £4.0 billion."

Trust that clears it up.

[smurfy2001] 20/2/2019 08:21

Last time the buyback was used to reverse dilution (to what level can’t recall) but it seemed to benefit the bank more than the shareholder. What will the buyback mean this time round?

[shy tott] 20/2/2019 08:21

Dividend up 5% on an already high dividendApprox £750 million ppi to be added straight to the bottom line next and following years results.A holder for safe income seekers, worth an immediate 10% on current price, coming through over the following couple of months. Buyback will aid or ensure this.

[jacko07] 20/2/2019 08:17

Lloyds results are fine bargainbob, the board can read.

So my post is hate filled..so says you a braindead, lickspittle follower of the English hating SNP and defender of the pro ISIS vermin Minerve.

Shame on you!!!!

[m4rtinu] 20/2/2019 08:16

Nice work if you can get it :)

On results: look pretty positive. Personally would have liked more div and less buyback, but what will market think?

PPI provision more than halved to £750m; impairments up 18% to £940m.

[diku] 20/2/2019 08:13

Buybacks is beneficial to insiders bonus/freebie share issues...

[m4rtinu] 20/2/2019 08:10

Any predictions Skinny? Looks like 50 day SMA is in sight? Going through that would be positive.

As a shareholder, I too am disappointed with div and further share buyback, but what will the market think?

The results looked pretty positive. PPI provision almost halved. Only negative is increase in impairments by 18% to £940m. I presume these are bad debts?

Initial move is up but very early to say.

[polar fox] 20/2/2019 08:10

This is interesting:

The following table sets out the total shareholding for each of the PDMRs as at 31 December 2018.


Shareholding at
31 December
Name 2018(1)
------------------------------- ---------------
António Horta-Osório 25,748,728
George Culmer 14,751,534
Juan Colombás 9,676,756
Antonio Lorenzo 10,514,805
Vim Maru 5,090,408
Zaka Mian 2,170,133
David Oldfield 3,718,823
Janet Pope 1,988,665
Stephen Shelley 2,665,438
Jennifer Tippin 1,226,544
Andrew Walton 26,211