Lloyds Banking Share Discussion Threads

[philanderer] 20/2/2019 09:20

Seems to be resistance at 60p :-S

[chiefbrody] 20/2/2019 09:15

Last years buyback (1 billion) increases EPS by 0.1p....Presumably this years larger buyback (and with the shares trading lower) will increase EPS by 0.2p.Value for money?

[optomistic] 20/2/2019 09:11

"I Would have preferred a special div to a buyback ( 1.75 Billion )"

...likewise, I can't spend a buy back!

[jpjohn1] 20/2/2019 09:07

Yes bargainbob, we never made quite the profit has expectations of over 6 billion . 5.96 Billion pretax profit, up from last year of 5.28 Billion. I Would have preferred a special div to a buyback ( 1.75 Billion )

[blusteradjuster] 20/2/2019 09:03

Some people prefer dividends to buybacks - I can understand why.

One reason is the bird-in-the-hand principle. Dividends are tangible and near-immediate.

Another reason is the opinion (perhaps an ego-driven delusion) that one can make better use of the money than the PLC. Thing is, if that were true, one shouldn’t be invested in that PLC’s equity in the first place.

[jpjohn1] 20/2/2019 09:02

Yes bargainbob, we never made quite the profit has expectations of over 6 billion . 5.96 Billion pretax profit, up from last year of 5.28 Billion. I Would have preferred a special div to a buyback ( 1.75 Billion )

[bargainbob] 20/2/2019 08:59

Please Jacko stop it .

[polar fox] 20/2/2019 08:54

Doesn't have to - markets don't move in straight lines. There is resistance at 60p and 62p - these will see profit-taking and consolidation etc.

[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.