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Lloyds Bank (LLOY)     

mitzy - 10 Oct 2008 06:29

Chart.aspx?Provider=EODIntra&Code=LLOY&S

2517GEORGE - 25 Jan 2016 16:31 - 4915 of 5370

Selected from dc tips thread.

When Lloyds publishes full-year results on 25 February, JPM expects to see a 2p dividend, including the 0.5p special, and adjusted EPS of 8.2p. That puts the shares on a PE ratio of just 8 times.

"We believe that Lloyds is best positioned within the sector to complete its balance sheet transformation and become a dividend growth story," says the broker. "We view any pull back as a buying opportunity. Lloyds remains our top UK bank pick."
2517

dreamcatcher - 25 Jan 2016 16:36 - 4916 of 5370

Also from post 4893 looks like RBS to be hit the hardest.

2517GEORGE - 25 Jan 2016 16:50 - 4917 of 5370

From that post----''Analysts believe that the Lloyds PPI bill will pass £14billion next year.''

As it currently stands @ £13.9billion I reckon that's a racing certainty.
2517

CC - 25 Jan 2016 20:20 - 4918 of 5370

The 2p dividend would be very nice but I'd prefer the share stop falling. Never thought I'd see it back here again

HARRYCAT - 28 Jan 2016 11:26 - 4919 of 5370

Bloomberg are reporting that G. Osborne has commented that the sale of LLOY shares to the public will only happen when the markets have stabilized. Not yet found anything to support that on the usual press web sites.

cynic - 28 Jan 2016 11:31 - 4920 of 5370

it was on bbc news
interesting that he is being castigated for selling lloyds shares last year at 81p when they now languish at 64p

2517GEORGE - 28 Jan 2016 11:37 - 4921 of 5370

My post on 14th December 2015

Early days yet I know, but if weakness persists into 2016 I wonder if the £2B sale will go ahead.
2517

JRM - 28 Jan 2016 15:05 - 4922 of 5370

An interesting graph at the top of this post. Just bought and hopefully the upside will replicate the downside shown..............Time will tell!

Two final divis and an interim in the next 14 months should ease the pain!

HARRYCAT - 01 Feb 2016 09:22 - 4923 of 5370

Jefferies International today reaffirms its buy investment rating on Lloyds Banking Group PLC ORD (LON:LLOY) and cut its price target to 101p (from 104p).

HARRYCAT - 02 Feb 2016 16:04 - 4924 of 5370

Chart.aspx?Provider=EODIntra&Code=LLOY&S

Trend is still down which is disappointing.

CC - 03 Feb 2016 20:15 - 4925 of 5370

Well apart from my holding from down at 40p from years ago I though 73p was a good entry. Hey what do I know?
All the banks starting to look way oversold to me. Took some BARC today.

jimmy b - 03 Feb 2016 21:47 - 4926 of 5370

I believe your right CC , same with BARC..

Clocktower - 11 Feb 2016 07:20 - 4927 of 5370

As the market is forecast to start lower today,we might be getting to a new good entry point imo. HeyHo we shall see but I shall soon start buying for long investment periods rather than trading this one.

CC - 11 Feb 2016 12:47 - 4928 of 5370

I think my buy at 73 has already turned into a long term investment

optomistic - 11 Feb 2016 12:59 - 4929 of 5370

....all mine turned that way some time ago ;-(

CC - 11 Feb 2016 13:25 - 4930 of 5370

In fact nearly everything in my portfolio apart from a few builders and trades placed this week are now a long term hold. Nothing a 5% rally on FTSE wouldn't fix but frustrating nevertheless

jimmy b - 11 Feb 2016 13:30 - 4931 of 5370

Same here , lloy / barc , i may average down with the banks and just sit on them.

Clocktower - 12 Feb 2016 15:45 - 4932 of 5370

So far so good with this as long as the recovery continues.

optomistic - 24 Feb 2016 11:15 - 4933 of 5370

I was looking forward to a bit more interest in Lloyds today but it does seem that the malaise of the market has taken over...once again.
But if AHO is to get a £800K bonus then there is hope of a decent divi for the shareholders...fingers crossed on that.

jimmy b - 24 Feb 2016 21:37 - 4934 of 5370

Wed 24 Feb 2016

(ShareCast News) - Lloyds Banking Group is expected to report a sharp decline in full year profit on Thursday as the company sets aside further provisions for the mis-selling of payment protection insurance (PPI).
UBS estimates that the bank will book a provision for PPI of £2.9bn in the fourth quarter. The compensation for the PPI fund totals around £14bn at the moment. Lloyds is still setting cash aside ahead of the government's deadline of October 2018 to claim mis-sold PPI.

"At a stated level we forecast a loss before tax of £1.59bn for the quarter and pre-tax profit of £560m for the year (2014 full year: £1.8bn), driven mostly by our assumption that Lloyds will book a fourth quarter provision for PPI of £2.9bn," UBS analyst Jason Napier said.

"Assuming that in fourth quarter 2015 PPI refunds continued at the same rate as in the third quarter, this provision would be sufficient to take refund cover to 21 months, in line with our expectation of an Financial Conduct Authority-agreed mid 2018 deadline for PPI claims."

At an underlying level, UBS has forecast full year profit before tax of £1.65bn in 2015, compared to £7.8bn the prior year.

The lender has already reported a decline in total income in the last quarter as the commercial division suffered challenging trading conditions.

In January the government decided to postpone the next sale of its stake in the bank, with Chancellor George Osborne blaming "market turbulence". The government has tried to attract retail investors with a 5% discount to market value if the share price reaches 73.6p. However, shares were sitting at 62.30p each at 1330 GMT.

Osborne told BBC News that "now is not the right time" and that he would not give the go-ahead until the markets had calmed.

The government said in October the sale of its holding, which was expected to be completed in spring, would raise at least £2bn to reduce national debt by selling shares to private investors.
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