15 month high.

Today's guesses :-

01 May 15 Numis Buy 83.07 97.00 97.00 Reiterates
01 May 15 Investec Hold 83.07 84.00 - Upgrades
01 May 15 Goldman Sachs Neutral 83.07 - - Retains

Nice day for me on these. Sold 75% of those I bought yesterday at 79.99 this morning but still got my core holding.

Now can it drag RBS up as I appear to have 5 times as many of those as I have LLOY.

Well done CC I closed a largish SB @82.7 earlier - I still have a largish SIPP holding currently op 56% and an ISA RBS holding which has been in and out of profit of late - currently down 3.6%.

YES!!

Deutsche Bank Buy 81.25 94.00 97.00 Reiterates

Nomura Buy 81.25 90.00 95.00 Reiterates

Jefferies International Buy 81.25 88.00 102.00 Upgrades

JP Morgan Cazenove Overweight 81.25 95.00 95.00 Reiterates

Might see 18 bob today .,.

Cazenove note:
"The UK 2015 elections are most likely to result in a Conservative-led government in our view, which alleviates a number of uncertainties impacting the UK banks including 1) Further rise in the UK bank levy, 2) Market share test and pressure for forced disposals, 3) Bank Bonus tax, 4) Mansion tax. We still expect uncertainty from an EU referendum to remain an overhang on the sector, but believe that risks from such an event are materially lower than the sector experienced during the Scottish Referendum last year. Overall, we view the election results as helpful for UK banks relative to Europe as political uncertainty has been a key overhang for the sector in 2015. Our top pick in the UK remains Lloyds, where we reiterate our OW."

I took a fairly large 2 day SB gain on these on Friday and they are now my 4th biggest holding by value - its been worth the wait!

The Commissioners of Her Majesty's Treasury Below 20%

BlackRock above 5%

Lloyds plans to pay half-year and full-year dividend in 2015

Lloyds Banking Group (LLOY.L) plans to pay an interim and final dividend for 2015, having announced its first payout for over six years in February, Chairman Norman Blackwell told the bank's annual meeting.

"The resumption reflects the transformation of the business over the past four years," Blackwell said.

Chief Executive Antonio Horta-Osorio told the meeting the bank was well placed to benefit from the continued strength of Britain's economy, enabling it to return value to shareholders.

Post apocalyptic high @89.07 today.

Up over 10% since I got back in last Friday.

I used to love trading these before the banks collapsed. My first venture back into these since I think , chucked some in the SIPP.

How are you doing DIl - I'm 68% up on my main SIPP holding, have them on a long term SB and have bought a few in the ISA recently.

I went with Barclays after the crash and made about 80% but sold a couple of years ago.

Markets been boring me for last year or so but started to get back in slowly. Still got my RECI and have had BT. from about 140p but dumped everything else I held and spread 50% over a number of unit trusts .... so relaxing :-)

Probably become more active in the autumn.

Keep up the good work I still pop in most days to catch up on things.

I still hold RECI, but sold BT recently hoping for a pull back - but I had them from just under a quid.

GACA is the best of my boring yielders atm.

Cheers mate I'll take a look.

Interesting chat guys. My story on these is kind of lucky. Back in the day I used to day-trade for a living. This included trading day-trading CFD's in my SIPP.

In 2008 things got very messy and I quit and went and got a "conventional job". Left all my SIPP in cash until August 2011 when I figured it was time to invest.

Breaking every rule of share diversification I stuck half on LLOY at 38p and half on RBS figuring the market couldn't go any lower. Wrong of course by some considerable way.

I managed to hold onto all my LLOY until 76p and then started trading in and out.

Still got half my original stake - rest got sold at 80p some of which got stuck on RBS at 328.

Not sure how much further LLOY has to run at the moment and don't know whether to sell a few. Looking for 400 on RBS.


I feel the private investors coming back to the market and trying to understand how best to make money from this opportunity. After spending years trading FTSE100 stocks being confident enough to deal with massive spreads and liquidity issues is quite a learning curve.

Currently sitting 51% in cash across all my accounts although SIPP is nearly fully invested

Just a thought CC.....It is widely considered that Private Investors are often the last and late to enter a market and that is the time for others to exit. Many stocks have had a really good run since 2009 and are probably fully valued now. The advantage of LLOY at the moment is that they will start paying a divi soon and that will attract the funds, but if interest rates start to creep up over the next 12-18 months then folks may exit equities into safer investments.