It’s actual valuation is 57p. It’s balance sheet is healthy, risk profile is non existent ( I worked there for 17 years). It’s lending ( mortgages) has been prudent. Regrettably due to its size in domestic business it acts as the Bell weather to the UK hence the volatility of the price. All I can hope for in this stock is they continue to pay the dividend above 5%, share price remains steady (?) and the UK does not tip into recession and the NIMs continue to widen. Let’s give Charlie Nunn a chance, certainly I assure you not half as bad as AHO.
D
There is a big difference between interest rates going up,and economy contracting,as bad debts disadvantages exceed any rates advantage..To interest rates going up in order to cool a boyant expanding economy... Quarterly reporting season is almost upon us,and be interesting to see level of increase in bad debt provisions.
T
At these prices they need to BUY shares back, hand over fist. Too many shares on the market. Also retire shares themself. This would be a positive to the share price and a larger benefit to share holders than the small dividends we recieve. Lloyd's needs to address shareholder value better. JMHO.
N
what annoys me is Lloyds keeps advertising spending millions and they haven't got no branches to go into to
H
I noticed today that Vanguard will no longer reinvest my LYG dividends. They switched it to cash distributions. Kinda weird. Anyone else noticed this?
D
Dividends and being paid tomorrow. 19 May 2022.
J
What’s the off dividend date ?
e
fire de board.
A
Interest rates are rising, so what are the mechanics of the stock market that makes people sell their bank shares when profits are going to rise? If now isn’t a time to buy, there never will be!
r
good volume today
w
I got out of this one long time ago due to the dilution of stock what's the float billion shares
B
There is a story that Lloyds is closing 60 branches in 2022, does Lloyds publish the total number of branches that they have, so that we can tell if 60 branches is a lot.
https://www.fool.co.uk/2022/06/24/director-dealings-lloyds-taylor-wimpey-berkeley/
19 May 2022.