Lloyds Shares

alansmith7

Hi All

I had read on sky news the government might be looking to sell their shares which are remaining in lloyds bank, would anyone recommend buying shares in lloyds?

i have seen the trends on hl.co.uk and it shows 52% of investors have bought shares in lloyds today.

i dont know much about shares but i wanted to know whether it would be a good idea buying the shares in lloyds or not?

sabretoothtigger

Its a bit late, look back a year.
I think its reasonable for them to reach 100p a share but theres probably safer places to put money and right now Lloyds pays no dividend.

Thats partly why the price rises, they are keeping any income for themselves. So the penny or two a year they might pay (like BARC) is added onto the average annual price.

FTSE tracker pays a div and they hold Lloyds as a main share. Many managed funds carry Lloyds, its the largest UK bank and in theory UK is in recovery so they say

Drp8713

Lloyds is pretty much the most traded share everyday.

It was my first share purchase, and i think there is growth to be had. But there will be bumps along the way like PPI and TSB sell off so depends on whether you plan to hold long term.

Doubt it will be another Royal Mail new investor overhype but heres hoping.

If you dont hold any shares at the moment you are probably better of starting with a few funds (that invest in many companies) to spread your investments then adding a few shares along the way

Linton

Unless you have a broad portfolio of other investments buying an individual share is very risky. Lloyds have already tripled in value in the last 18 months, a time period during which you didnt buy. I cant see a (non-)news item on Sky about something that has been flagged for months and may or may not happen soon should change your views on whether Lloyds is worth buying now.

alansmith7

sabretoothtigger wrote: »

Its a bit late, look back a year.
I think its reasonable for them to reach 100p a share but theres probably safer places to put money and right now Lloyds pays no dividend.

Thats partly why the price rises, they are keeping any income for themselves. So the penny or two a year they might pay (like BARC) is added onto the average annual price.

FTSE tracker pays a div and they hold Lloyds as a main share. Many managed funds carry Lloyds, its the largest UK bank and in theory UK is in recovery so they say

i did buy shares with lloyds at 50p then i sold the shares as i dont like to wait for long to get a return for my money.

alansmith7

Linton wrote: »

Unless you have a broad portfolio of other investments buying an individual share is very risky. Lloyds have already tripled in value in the last 18 months, a time period during which you didnt buy. I cant see a (non-)news item on Sky about something that has been flagged for months and may or may not happen soon should change your views on whether Lloyds is worth buying now.

http://news.sky.com/story/1176215/osborne-to-point-to-lloyds-retail-share-sale

this is the link for the article which i had read in the morning. i guess i was to buy shares they wouldnt go rapidly as royal mail.

alansmith7

Drp8713 wrote: »

Lloyds is pretty much the most traded share everyday.

It was my first share purchase, and i think there is growth to be had. But there will be bumps along the way like PPI and TSB sell off so depends on whether you plan to hold long term.

Doubt it will be another Royal Mail new investor overhype but heres hoping.

If you dont hold any shares at the moment you are probably better of starting with a few funds (that invest in many companies) to spread your investments then adding a few shares along the way

i do agree with you, i think royal mail will only be one off. i havent invested in funds. do you know what might the returns be on funds?

Linton

alansmith7 wrote: »

i did buy shares with lloyds at 50p then i sold the shares as i dont like to wait for long to get a return for my money.

If you thought it was right to sell Lloyds shares a while ago when the price presumably was rather less than now why should it be right to rebuy at a higher price? What do you think has changed?

Wilkins

alansmith7 wrote: »

i did buy shares with lloyds at 50p then i sold the shares as i dont like to wait for long to get a return for my money.

Sounds like you are more of a speculator than an investor. Fair enough, it takes all sorts. I hold Lloyds, but I don't expect rapid rises from here on and I am prepared to wait a few years for the resumption of dividend flow.

alansmith7

Wilkins wrote: »

Sounds like you are more of a speculator than an investor. Fair enough, it takes all sorts. I hold Lloyds, but I don't expect rapid rises from here on and I am prepared to wait a few years for the resumption of dividend flow.

yeah i know its my mistake for not waiting as it would have been a good investment if i never have sold my shares. i did buy couple of hundred of shares but i was thinking of investing more money in lloyds but i think i will hold wait to see what happens.

alansmith7

Linton wrote: »

If you thought it was right to sell Lloyds shares a while ago when the price presumably was rather less than now why should it be right to rebuy at a higher price? What do you think has changed?

i only sold the shares thinking the price would go rapidly (this was my first time i had bought shares and i didnt know much about shares on how they work etc, its my fault for not doing my research!)

i think they will the shares will go grow in the next couple of months but im thinking is it worth the risk?