I have been watching and trading lloyds for the past 2/3 years. The fundamentals are great. Its internal rate of return is excellent, especially considering it pays out a strong dividend (Approx 5%). It also has a P/E ratio of around 8. So fundamentally I believe it to be a sound investment. However, this is not advice.
LLOY has broken through 2 strong support levels and looks like it maybe approaching another and then another. With the August 2019 PPI cutoff point, which will only boost the banks profit, I personally can only see upside for LLOY. Also, considering how profitable Lloyds has been as of recent with rates this low, the profitability of the bank would increase if rates were hiked. HOWEVER.... Lloyds share price is seems to be correlated with BREXIT... yet, this may have changed as of late.
Please read this article for proof of profitability.
businessinsider.com/lloyds-bank-profits-jumped-in-2017-2018-2?r=US&IR=T
LLOY has broken through 2 strong support levels and looks like it maybe approaching another and then another. With the August 2019 PPI cutoff point, which will only boost the banks profit, I personally can only see upside for LLOY. Also, considering how profitable Lloyds has been as of recent with rates this low, the profitability of the bank would increase if rates were hiked. HOWEVER.... Lloyds share price is seems to be correlated with BREXIT... yet, this may have changed as of late.
Please read this article for proof of profitability.
businessinsider.com/lloyds-bank-profits-jumped-in-2017-2018-2?r=US&IR=T
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.