Menu
Close

LLOYDS is going to FLY

lse:lloy

#352

Just a thought here.

I think both LGEN ( Legal and General ) and SLA (Standard Life Aberdeen ) could be interesting prospects for longer term investors.

LGEN quite a solid company, good yield.
SLA, maybe lost their direction a bit so guess one would be taking a chance on them finding their way again.

Might be OK to buy on weakness.

For clarity, I do not currently hold either, I do trade both, to the long side on dips.
No open positions now.

Prefer LGEN out of the 2.

Worth keeping an eye on.

IMO

soi


#353

Soi,

I agree with you on L&G. I got worried a few years ago with Osborne’s changes to annuity pensions but L&G survived and looks good as an internationally facing company. For me a longterm hold.

Cheers,

Frog


#354

sp now down 3.5 %.

Must be worst performer on FTSE 100

soi


#355

10 year’s for me here come May 2019

Personally I have more Questions than Answers We now lost the dividend money within a few hours of trading

Is the stock market really for me going forward is this what I expected to achieve in May 2009 ?


#356

Remain calm Regardless. Today the market is worrying that the political situation is going to lead to a “no deal” Brexit. This seems unlikely given the expressed parliamentary majority against a “no deal”. When we see parliament assert its control, we will see LLOY recover.

Cheers,

Frog


#357

Covered half 63.8 remainered covered 62.55.


#358

Hi

I did do my best to improve the sp for you yesterday. LOL

Added a lot of longs .

Now very much net long.

Fortunately have a string of longs entered late Feb at 61.31 to 61.73.

At yesterday s close or preferably better could close them for a good pay day.

Markets are somewhat nervous,

soi


#359

Glad I closed a fair few longs at 63.5 + as LLOY is flying again.

Flying in a nose dive.

Down near 1.5 % today.

Always drops after any hopeful rise.

soi


#360

Another take on LLOY by Motley Fool:

http://www.fool.co.uk/investing/2019/03/22/why-id-be-happy-to-buy-more-lloyds-shares-for-my-isa-today/

Usual health warning that another MF writer will give us the opposite take tomorrow. For my part, I think that the chance of no deal Brexit is off the table as no-one other than the most delusional Brexiters wants it and that, this being the case, an investment in LLOY is pretty safe.

Cheers,

Frog in a tree


#361

Frog

Beware aware of published too good to be true profits. Remember what happened pre PPI and financial crash with regard to bad debts and likelihood of debt recovery.

Bad debts excessive charges makes profitability look good if bad debt allowances increase less that these charges.

Credit card debts are generally rising in UK and how much of these can be realistically assumed to be eventually paid back.

People can rack up debt in the UK and disappear to another country or use the voluntary bankruptcy to avoid paying these debts back.

WR