Lloyds Shares

ANGLICANPAT

Ive inherited some Lloyds shares but Ive only just got probate. Will they have been frozen from when the former owner passed away or will they have kept gaining value ? I am going to keep them because I think they will rise some more.

Wilkins

ANGLICANPAT wrote: »

Ive inherited some Lloyds shares but Ive only just got probate. Will they have been frozen from when the former owner passed away or will they have kept gaining value ? I am going to keep them because I think they will rise some more.

The probate process won't have affected the share price. They will be worth the current market value.

Scarpacci

I can see why somebody might want to buy Llloyds on recovery, but having risen so much already it's getting harder to see room for quick improvement (if that's what you're looking for).

Long term, I personally don't see as much value in a pure play UK bank as others seem to. Going forward it's a bet on the UK economy for sure. That's not to say there's no place for it in a portfolio, but I think generally I would prefer an HSBC or Standard Chartered over Llloyds. Lloyds shares have done much better than those in recent times, but of course that's the recovery.

alansmith7

Scarpacci wrote: »

I can see why somebody might want to buy Llloyds on recovery, but having risen so much already it's getting harder to see room for quick improvement (if that's what you're looking for).

Long term, I personally don't see as much value in a pure play UK bank as others seem to. Going forward it's a bet on the UK economy for sure. That's not to say there's no place for it in a portfolio, but I think generally I would prefer an HSBC or Standard Chartered over Llloyds. Lloyds shares have done much better than those in recent times, but of course that's the recovery.

i havent been thinking about investing in HSBC due to the fines it may get due to money laundering in 2013 were hsbc had got a fine. i am very cautious which banks when they get fines because it could affect the share prices.

alansmith7

Wilkins wrote: »

The probate process won't have affected the share price. They will be worth the current market value.

i thought because of the probate the share prices might go up i guess i was wrong.

jimjames

alansmith7 wrote: »

i havent been thinking about investing in HSBC due to the fines it may get due to money laundering in 2013 were hsbc had got a fine. i am very cautious which banks when they get fines because it could affect the share prices.

What other shares/funds do you have in your portfolio?

alansmith7

jimjames wrote: »

What other shares/funds do you have in your portfolio?

ive currently got shares with royal mail, lloyds, photo management and cpp

Ifts

Scarpacci wrote: »

but I think generally I would prefer an HSBC or Standard Chartered over Llloyds.

I had Standard Chartered on my watch list (1250 buy price), bought some today.

sabretoothtigger

Why is Stan falling, theres no strength in the shares so Im not sure why
Theres a blip up end of today, that should be all lost if I was right
A CFO taken out is serious

much value in a pure play UK bank as others seem to. Going forward it's a bet on the UK economy for sure.

Lloyds is an arbitrage on sterling vs housing assets. The bank is gigantically dependant on mortgages successfully paid off.
Im not sure so much about the wider economy but if rates are low they are a good bet to succeed from a large bias in their favour

Thrugelmir

sabretoothtigger wrote: »

Why is Stan falling, theres no strength in the shares so Im not sure why
Theres a blip up end of today, that should be all lost if I was right
A CFO taken out is serious

Been buying both HSBC and Standard for a while now on price weakness. Feel like a contrian investor. As price seems to continually slip back. Both are fundamentally sound businesess. The concept of HSBC splitting away it's UK operations will add value to the shares. So guess I'll keep buying. Having divested myself completely of RBS and reduced my Lloyds holding.

Do like Secure Trust as well. Up over 30% since I started buying in early 2013.