brianboru
- 17 Jan 2004 10:44
- 39 of 41
They've made it clear that the company is being run for cash and will be a lean, mean UK only operation (possibly a prime target for takeover at some point - the divi yield is more than a predator would pay in interest on capital). They've little or no dollar exposure (good thing), a most attractive yield which is looking increasingly safe and which is almost forcing income funds into buying. Another 15% on the price would not surprise me and the yield ,even then, would still be attractive.
brianboru
- 19 Jan 2004 13:17
- 40 of 41
LLOYDS TSB : Heading towards 486
In the short term, look for the rally to
continue. The next up target is 486 (July
high). Key support for maintaining the
immediate up trend is 445. A break
below here would call for a slide to the
critical support at 420 (previous
resistance).
In the medium term, above 486/490,
the next likely targets are 506 & 577.
(TRADING CENTRAL)
caleydog
- 19 Jan 2004 14:30
- 41 of 41
Thanks for the info folks. I have sold my LGEN today as well as some spivvy stuff like RTD but am proudly hanging onto my LLOY (and RSA) for a bit yet. Who knows ?