Lloyds share price in 5-10 years

Tractorboy11

Just wondered what peoples opinions on lloyds shares are, and what they think they will be worth in 5-10 years, also when the government sell there shares at a discount, will this drop the share price much?

Herbalus

I genuinely have no idea.

Seriously though, who does? For example, Milliband is promising to break up the banks after the next election, which would almost certainly destroy Lloyds' share price. However, I don't think they've much chance of getting in and if they did then I don't think they'd actually do it, but who knows. Lloyds are profitable now, but when the £20bn PPI stimulus ends and the claimants have spent all their claim money, the economy could well slip back.

Tractorboy11

Well dont the opinion poles suggest lanour will win, but like u say even if they do, i believe the bank of england cheif was against the idea anyway, i bought a lot of shares around the 50p area. But i think they could be worth quite abit more, but as you saytheres alot of water to go under the bridge

somethingcorporate

It is totally a gamble and given the Government's involvement the normal market rules need not apply.

I wouldn't put big money on it going either way.

westy22

As a long term bet I would far prefer BARC than LLOY

Radiantsoul

I don't know.
I can't see there is huge upside though as it has a market cap of c£60bn, it can clearly go up but is it stupidly undervalued to the extent it might really explode upwards? I am not so sure.

pat_cashmoney

i have it on good authority (from john titor) that lloyds collapses horribly around 2030. get out while you still can.

wary

My wife & my S&S ISAs are heavily loaded with LLOY shares on the basis (or should I say hope) that in 10 years time, their recent woes will long since be behind them and they'll form a nice little nest egg as a platform for retirement. But it is a complete punt.

lentrix92

(In my opinion only) I believe, that long term, they are worth having. However - the stock is now fully valued at these current levels (80-84p) and is rangebound. The next major catalyst for this stock will be around the goverment sale. I would not expect the stock to move much higher untill this is confirmed date wise. Also, i would not expect too much of a discount should this sale happen.
Once the govt sale is complete, the stock should move higher (subject to mkt conditions)
I have been fortunate to buy stock at various lower levels (lowest being 22p) and i am happy to hold for the long term.
Lastly, Lloyds have announced that they are to start paying dividends this year which is also a good thing.

barak

wary wrote: »

My wife & my S&S ISAs are heavily loaded with LLOY shares on the basis (or should I say hope) that in 10 years time, their recent woes will long since be behind them and they'll form a nice little nest egg as a platform for retirement. But it is a complete punt.

It certainly is! I don't understand why you want to gamble such a large chunk of your money - with the risk of losing most of it - when there are so many more sensible alternatives, especially for those within 10 years of retirement.

Tractorboy11

barak wrote: »

It certainly is! I don't understand why you want to gamble such a large chunk of your money - with the risk of losing most of it - when there are so many more sensible alternatives, especially for those within 10 years of retirement.

What would you say are more sensible alternatives, high dividend payers maybe, every stock has its own risks, lloyds is a bigger risk than most, but rewards could be greater, most things av read seem to suggest with in 3 years they could yeild around 3-4%, if that happens the share price is surely going only one way