Viewing Company Lloyds TSB Group PLC | StockChase
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Compiling comments that experts make about stocks while on public TV.

Lloyds TSB Group PLC Stock Symbol: LYG-N

Last Price Recorded: $3.6400 on 2017-09-22

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Date Signal Expert Opinion Price
2017-09-11 WATCH Darren Sissons

Most global banks have been freshly recapitalized. The challenge is that you may be able to get it cheaper. They are starting to enter serious negotiations of BREXIT. The last substantive discussions was when the British pound sold off substantially. Watch the stock and watch for some currency weakness for the pound relative to the Cdn$. If it drops, take a real close look at it. This is a UK Centric story, so you won’t necessarily get a lot of benefit from loan growth across continental Europe, and you might have dead money for 2 years. In any case, it is a good solid story and rising interest rates will help.


Price:
$3.370
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2017-08-11 DON'T BUY Darren Sissons

There are a couple of things to think about. First of all, you’ve got BREXIT risk. The pound took a nasty drop 3 or 4 months ago. From a Cdn$ point of view that would have been a great opportunity. Right now, the pound has strengthened quite a bit and he doesn’t see this bank as an opportunity.


Price:
$3.400
Subject:
GLOBAL EQUITIES & TECHNOLOGY
Bias:
UNKNOWN
Owned:
Unknown
2017-08-09 COMMENT Paul Harris, CFA

Lloyds Bank (LYG-N) or ING Groep (ING-N)? Both did very well coming out of the chute from when they were partially nationalized by the British government. Management made this one more retail oriented and got rid of non-core businesses. This is probably a little more expensive than ING.


Price:
$3.480
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2017-06-05 COMMENT Jim McGovern

Lloyds (LYG-N) or ING (ING-N)? He would favour ING, the Dutch insurer, over Lloyds. In the UK, Lloyds has had a big restructuring coming out of the financial crisis, and clearly that is now behind it. The problem is the political and economic uncertainty background in the UK.


Price:
$3.660
Subject:
GLOBAL EQUITIES & MACRO STRATEGIES
Bias:
UNKNOWN
Owned:
Unknown
2017-04-20 DON'T BUY Mark Grammer

He has no exposure to the UK banks.  This one has excellent management, but he is concerned with the uncertainty with BREXIT.  He would prefer to stay away from UK banks.  BREXIT could be ugly for the UK.  He can find banks elsewhere to own.


Price:
$3.330
Subject:
GLOBAL
Bias:
BULLISH on GLOBAL STOCKS
Owned:
No
2017-04-13 COMMENT Paul Harris, CFA

Primarily a retail bank in the UK. Sold off a lot of non-core assets. There are 2 things holding back the stock. The UK owns a position, and have to sell it off. Also, the stock ran up a lot and was well ahead of itself, so has pulled back. A great business and a great company and incredibly well run.


Price:
$3.170
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2017-04-10 WEAK BUY Gavin Graham

The government has just about sold its stake in this equity.  The underlying business was strong when the stock got wiped out.  Now that the government has got rid of its stake, it is doing pretty well.  The underlying business is doing quite well.  You might see some devaluation of the currency, however. 


Price:
$3.180
Subject:
NORTH AMERICAN - LARGE & GLOBAL EQUITIES
Bias:
BEAR
Owned:
Unknown
2017-03-13 HOLD David Driscoll

This has been in a bit of a turnaround situation. Loan growth is falling. Deposit growth is falling. Net interest income growth is plummeting. ROE is only at 5%. Dividend yield of 3.7%.


Price:
$3.430
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2017-03-08 COMMENT Paul Harris, CFA

A purely commercial/retail banker in the UK. They understand how to do retail very, very well. Secondly, they’ve exited a lot of their other businesses and became a solely UK bank. Very cost effective bank. Management is very strong and are going to continue to increase dividends. This is a great story.


Price:
$3.380
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2017-01-31 COMMENT Andy Nasr

When he thinks of financial exposure, he prefers US banks, as he expects an increase in consumer and corporate loan growth, which is necessary for the US economy to chug along in 2017-2018. Looking at some of the international banks, he worries that there is a lot of uncertainty, especially with BREXIT and the triggering of article 50 and the potential political risk in Europe with national elections happening in France and Germany.


Price:
$3.320
Subject:
REITS, GLOBAL & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2017-01-27 COMMENT Darren Sissons

Lloyds (LLOY-LN) and/or Barclays (BCS-N)? Some European banks will generally follow US banks up a couple of years later. When the US went into Armageddon, they lowered rates and exported capital, and that caused rates globally to go down. The Europeans with the UK raised rates within a year. So he thinks this will be the same, but if the US starts to raise rates aggressively, that could speed up the process where higher interest rates in Europe make sense. This bank just purchased the credit card business from NBNA, and that is going to be quite good for the stock. In a BREXIT context, this is effectively a domestic bank. If the returns are less because of lower currency, you might have some challenges. In both cases, you want to be a little careful. He would consider looking at Banco Santander (SAN-N), which survived relatively well during the crisis.


Price:
$3.320
Subject:
GLOBAL EQUITIES & TECHNOLOGY
Bias:
UNKNOWN
Owned:
Unknown
2016-12-30 BUY Paul Harris, CFA

Primarily a retail and commercial bank in the UK. The banking industry is changing quite dramatically, but this one has really made an effort to change the way they are thought about. This fell quite dramatically in 2008, and new management came in. A great franchise and thinks it was ahead of itself. You can buy it here and do well over the next little while.


Price:
$3.100
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-12-21 COMMENT Rick Stuchberry

The turnaround is now in Europe with a lot of the banks, but the German banks are still not in a position. This one is looking better, and is going to end up looking like the US banks in the next year or so as things unfold. (See Top Picks.)


Price:
$3.210
Subject:
CANADIAN LARGE & iNTERNATIONAL ADR's
Bias:
UNKNOWN
Owned:
Unknown
2016-12-07 COMMENT James Thorne

During BREXIT, he felt it was an overreaction and started looking at companies, including a number of financial institutions that were located in London. He liked this one, but chose Barclays instead.


Price:
$3.190
Subject:
US DIVIDEND
Bias:
BULLISH
Owned:
No
2016-09-20 COMMENT Andy Nasr

Sold his holdings leading into BREXIT on concerns of what that could do to the financial services sector. That is the one sector in the UK where he worries about what is going to happen with respect to employment and longer-term growth. This bank is going to be somewhat challenged, however the valuation looks compelling. He may re-enter this at some point once he gets more confident about what the domestic economy is going to look like in 2017.


Price:
$2.980
Subject:
REITS, GLOBAL & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
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