Just when we all thought this sector was about to climb to new highs we get the junk rating on Greece. I couldn’t think of a more aptly named country to throw a spanner in the works than Greece.

Spain and Portugal are closely watching, as is the whole of Europe, what the Greeks do to reign in their debt currently rated as junk.

Still the shorters have made some great gains. Well done.

Beware of Greeks bearing gifts!… read more

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The whole city awaits the widely expected return to profit today.

SP predictions vary widely depending on who you talk too.

 75p right up to the high 90′s is being widely touted by the charterists at Merril Lynch. I myself can’t see Lloyds hitting the 90p’s although i would be happy to be proved wrong on this one. Whatever the outcome here today one thing is for certain Lloyds will have a good day then settle down.

The SP will be driven mainly by the forward looking statements and of course the profit margin  coupled with the general Bullish feeling re’ the Banking sector as of late.

A great share to be in Lloyds at the moment but always remember that they are LONG-TERM for maximum profit.

Take no notice of the hot air being bandied around about HMG selling some of their stake now that HMG Lloyds are in the … read more

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I am very well tuned in here, my friends in the Banking sector are whispering in my ear ALL the time. Is there a share consolidation on the cards here?

Next year may very well bring one!

Dan… read more

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