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MCB Group Limited (MCBG.mu) HY2017 Interim Report

first_imgMCB Group Limited (MCBG.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2017 interim results for the half year.For more information about MCB Group Limited (MCBG.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the MCB Group Limited (MCBG.mu) company page on AfricanFinancials.Document: MCB Group Limited (MCBG.mu)  2017 interim results for the half year.Company ProfileMCB Group Limited is a financial holdings company that, together with the several subsidiaries running under it, operates in three clusters; banking, non-banking financial and other investments. The non-banking financial sector is involved in factoring and leasing while the MCB Capital Markets Limited offers services such as corporate finance advisory, asset management, stockbroking, private equity and registry. The Group also assists micro and small entrepreneurs. The services offered by the company include, offers current, savings, and foreign currency accounts; fixed and term deposits; personal, educational, motor, green, and housing loans; term loans; and working capital finance, term funding¸ structured finance, private equity finance, and leasing services, as well as credit and prepaid cards. MCB Group Limited is listed on the Stock Exchange of Mauritius.last_img read more

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Attitude Property Limited (APL.mu) Q12018 Interim Report

first_imgAttitude Property Limited (APL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2018 interim results for the first quarter.For more information about Attitude Property Limited (APL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Attitude Property Limited (APL.mu) company page on AfricanFinancials.Document: Attitude Property Limited (APL.mu)  2018 interim results for the first quarter.Company ProfileAttitude Property Limited deals in the rental of hotel properties based in Mauritius. The company is a subsidiary of Attitude Hospitality Limited and was formerly known as Neymar Limited. Attitude Property Limited is listed on the Stock Exchange of Mauritius.last_img read more

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Kenya Commercial Bank (KCB.rw) HY2018 Presentation

first_imgKenya Commercial Bank (KCB.rw) listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2018 presentation results for the half year.For more information about Kenya Commercial Bank (KCB.rw) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank (KCB.rw) company page on AfricanFinancials.Document: Kenya Commercial Bank (KCB.rw)  2018 presentation results for the half year.Company ProfileKenya Commercial Bank (KCB) Rwanda Limited is a commercial bank offering financial solutions to private individuals and the corporate banking segment in Rwanda. KCB Bank Rwanda is a wholly-owned subsidiary of the KCB Group which is East Africa’s largest commercial bank by asset base. The Bank was established in 2008 after it was licensed by Rwanda’s banking regulator, the National Bank of Rwanda. It has 14 branches located in the main towns and cities of Rwanda as well as an extensive network of KCB Iwacu agents. Kenya Commercial Bank is listed on the Rwanda Stock Exchangelast_img read more

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Lighthouse Capital Limited (GFB.mu) 2020 Abridged Report

first_imgLighthouse Capital Limited (GFB.mu) listed on the Stock Exchange of Mauritius under the Property sector has released it’s 2020 abridged results.For more information about Lighthouse Capital Limited (GFB.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Lighthouse Capital Limited (GFB.mu) company page on AfricanFinancials.Document: Lighthouse Capital Limited (GFB.mu)  2020 abridged results.Company ProfileLighthouse Capital Limited formerly (Greenbay Properties Limited) invests in real estate assets and listed companies which are involved in the retail sector of Mauritius. The company targets investment in developing diversified global real estate and infrastructure assets. Greenbay Properties Ltd is a predominant investor in Europe and the United Kingdom, targeting properties with strong sustainable income from high quality tenants with a strong likelihood of renewal of leases on expiry. Lighthouse Capital Limited is listed on the Stock Exchange of Mauritius.last_img read more

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International Breweries Plc (INTBRE.ng) HY2020 Interim Report

first_imgInternational Breweries Plc (INTBRE.ng) listed on the Nigerian Stock Exchange under the Beverages sector has released it’s 2020 interim results for the half year.For more information about International Breweries Plc (INTBRE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the International Breweries Plc (INTBRE.ng) company page on AfricanFinancials.Document: International Breweries Plc (INTBRE.ng)  2020 interim results for the half year.Company ProfileInternational Breweries Plc is a brewery in Nigeria which brews, packages and markets a range of beer and non-alcoholic malt beverages. The company is known for its beer sold under the Trophy brand name and non-alcoholic malt drink sold under the Betamalt brand name, namely Trophy Lager, Trophy Black and Betamalt malt drink. Other brands packaged and marketed by International Breweries Plc include Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt and Voltic Water. The company’s head office is in Osun State, Nigeria and its distribution centres are in Ibadan, Lagos and Ilorin. International Breweries Plc is listed on the Nigerian Stock Exchangelast_img read more

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Letshego Holdings Limited (LETSHE.bw) 2019 Abridged Report

first_imgLetshego Holdings Limited (LETSHE.bw) listed on the Botswana Stock Exchange under the Investment sector has released it’s 2019 abridged results.For more information about Letshego Holdings Limited (LETSHE.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Letshego Holdings Limited (LETSHE.bw) company page on AfricanFinancials.Document: Letshego Holdings Limited (LETSHE.bw)  2019 abridged results.Company ProfileLetshego Financial Services Botswana is regulated financial services institution that offers products and solutions for the low- to middle-income sector in Botswana. The company was established in 1998 as Micro Provident Botswana Limited but now operates as a member of the Letshego Group. Letshego Financial Services Botswana is primarily focused on providing financial solutions to individuals who are formally employed by the government of Botswana, parastatals and the private sector. A subsidiary division offers microfinance and savings solutions to individuals generating income in the informal sector. Letshego Financial Services Botswana is able to cater to both sectors by providing simple, appropriate and accessible solutions that are competitively priced. The company was able to diversify its offering through the acquisition of Micro Africa Limited in East Africa, allowing it to provide loans to micro and small enterprises, collective groups and low- to middle-class earners. The company has a presence in 11 countries across southern, east and west Africa; Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania and Uganda.last_img read more

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I’d buy crashing FTSE 100 bargain shares today before the stock market rebounds

first_img Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images Since its inception in 1984, the FTSE 100 has experienced a variety of market crashes. Notable bear markets include the 1987 crash, the tech bubble in the early 2000s, and the global financial crisis in 2008/09.As well as its crashes, the index has also experienced strong rebounds following all of its bear markets. Sometimes it has taken months to recover, at other times it has taken years. However, the index has a strong track record of recovering from its most challenging periods.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As such, now could be the right time to buy FTSE 100 shares while they offer good value for money ahead of a likely rebound for the index.Value opportunitiesMany investors adopt a strategy where they seek to buy high-quality shares when they trade at low prices. This enables them to maximise their returns over the long run, since they are purchasing companies when they trade at a wide discount to their intrinsic values.The problem for investors adopting that strategy, however, is that most of the time shares do not trade at exceptionally low levels. In fact, they usually only offer wide margins of safety when there is a good reason for them to do so.Often, a highly challenging economic outlook is required for companies to offer excellent value for money. At such times, it can be difficult to buy shares, since there is a very real chance that their prices will decline before them improve. This can mean that many investors miss out on opportunities to buy high-quality shares when they trade at exceptionally low levels.Buying cheap stocksOf course, it is always easy with hindsight to state that a buying opportunity has occurred in the past. It is much more difficult to identify buying opportunities in the present.However, the track record of the FTSE 100 should provide investors with comfort in the index’s long-term prospects. As mentioned, it has always rebounded from its lowest points to post new record highs in the following years.As such, even if your holdings move lower in price after you have bought them, there is still a very high chance that a portfolio of FTSE 100 shares will be worth much more in five or 10 years’ time than it is today. And, since losses are only paper losses until they are realised, long-term investors may not be all that concerned about share prices trading lower in the short run.A rare opportunityTherefore, now could be the right time to buy bargain FTSE 100 shares. Certainly, they could move lower in the near term depending on news regarding coronavirus and its economic impact. But some FTSE 100 shares are trading on valuations that are only available during the most challenging bear markets and recessions.As such, now could be an opportune moment to buy them ahead of a long-term recovery. This prospect may not seem all that likely today, but history shows that the FTSE 100 is very likely to produce new record highs in the coming years. Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. I’d buy crashing FTSE 100 bargain shares today before the stock market reboundscenter_img Peter Stephens | Saturday, 2nd May, 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Peter Stephenslast_img read more

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Another FTSE 100 stock market crash in 2020? Prepare with common sense!

first_img See all posts by Kirsteen Mackay Enter Your Email Address Another FTSE 100 stock market crash in 2020? Prepare with common sense! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Speculation is rife on the odds of a second stock market crash in 2020. Many FTSE 100 constituents have opted not to disclose their earnings outlook for the year ahead. To be fair, they’re probably not sure how to calculate accurate guidance when none of us have much clue how the future will look. This makes it hard for investors and analysts to know how fairly a stock is priced.Is bullish sentiment an illusion?The pandemic and subsequent lockdown created initial panic, followed by furlough schemes and mortgage holidays to ease the stress. This gave people the chance to come to terms with reality and consider their options. For some, it has been a devastating time, for others a welcome break from the rat race. As restrictions are eased, stock market sentiment is turning positive, but this may be premature. It will take time to adjust to a new normal and I think consumer spending patterns will be cautious.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Hope remainsDon’t abandon hope! Without hopes and dreams, no money would ever be made. Now, if that sounds a little too airy-fairy, I think common sense is needed too. If I were to go out and buy shares in all the highly-pumped AIM shares riding the coronavirus healthcare wave, I think I could quickly lose my savings.That said, I don’t think investing in the stock market is a mug’s game. If you stick to the relative stability of the FTSE 100, then you’re dealing with businesses that have previously reached an outstanding level of success and it is likely many of them will continue to do so in the years to come.Be preparedHere’s how I think you can prepare for a second stock market crash in 2020. For each asset you own, look at its long-term potential for recovery and growth. Check the level of debt in the businesses you own. A high debt ratio could be a recipe for disaster if the markets head south again. But a healthy balance sheet could see you through the downturn and emerge victoriously. Is the company selling a product or service likely to remain in demand in the years to come?And do you have enough cash reserves to take advantage of a stock market crash if or when it comes? Make a list of equities you have faith in. Watch how they’re dealing with market sentiment. Are the worries and gloom already priced-in? Consider which sectors can withstand the headwinds and survive a bear market. Timing the marketRemember to look to the long-term. If you’re aiming for a 10-year time horizon and can cope with price fluctuations without freaking out, then the ‘perfect’ time to buy is arguably irrelevant.Timing the market is impossible, even for the most experienced investors, therefore waiting for the next stock market crash is not always the answer. If an equity on your watch list looks fairly priced and you’re prepared to hold, then this could be as good a time as any to buy.I think the FTSE 100 contains some great companies worth owning a piece of. It’s never too late for you to start learning about the stock market and researching cheap shares to buy.center_img Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Kirsteen Mackay | Thursday, 28th May, 2020 Our 6 ‘Best Buys Now’ Shareslast_img read more

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Can the Lloyds share price spike be maintained? I look for historical clues

first_img Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! It seems to have become a plaything of day traders and without a dividend really doesn’t offer much to long-term value investors. Current expectations see the Bank of England maintaining low interest rates for some time. This won’t help profit growth or a sustainable rise in the share price.With so much uncertainty in the world and debt at record levels, I don’t like the look of banks as a long-term investment. I think it’s going to take innovation to create growth opportunities. I don’t see any signs of innovation at Lloyds, and I’ll continue to steer clear. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Can the Lloyds share price spike be maintained? I look for historical clues Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Kirsteen Mackay | Friday, 13th November, 2020 | More on: LLOY Image source: Getty Images. See all posts by Kirsteen Mackay FTSE 100 constituent Lloyds Banking Group (LSE:LLOY) has been around in some shape or form since 1695. TSB Group first floated on the London Stock Exchange in 1986. It broke City of London records and raised more than £1.2bn in its IPO. In 1995, Lloyds Bank and TSB merged, creating Lloyds TSB. The 2008 financial crash destroyed consumer faith in banking, and the Lloyds share price has never fully recovered. Historical lowsLloyds TSB acquired HBOS in 2009 and became known as Lloyds Banking Group. As it was just after the financial crisis, Lloyds had to appeal for government help to complete the takeover, losing credibility.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Before the HBOS takeover, Lloyds was admired and assumed to have a strong capital base. In February 2007, the Lloyds share price reached a high of £6.18. By July 2008, it was trading around £3 a share, but within another eight months had collapsed to 40p and the bank was requesting a second government bailout. The government obliged, and the Lloyds share price continued its roller coaster ride.In recent years, the PPI scandal has cost Lloyds more than £20bn in charges. Brexit remains a dark cloud on the horizon, adding further economic pressure to the country and its banks.In 2014, Lloyds had a market cap of £57.7bn and was in seventh place among the largest UK listed companies. Today its market cap is £23.7bn, and it’s in position 22 of the FTSE 100.Challenger banks pose a risk to Lloyds share priceRising competition from challenger banks such as Monzo and Starling Bank are a real and present threat. Lloyds is attempting to keep up with these fintech competitors by revamping its banking app and improving its digital infrastructure. But that requires a serious cash injection. These new banks have risen from the ashes and distrust created in 2008. They are fresh, unencumbered by past scandals and appeal to tech-savvy youngsters.Virgin Money is also looking to lure customers away from Lloyds and its peers, using Virgin Group offerings as bait. Wine, media packages, and gym memberships are all being used as incentives.Crash and burnThe historical share price of Lloyds since 2009 makes depressing reading. Its share price reached 78p in 2010, collapsed to 23p in 2011, climbed back up to 86p in 2014, fluctuating between 74p and 88p for the following year. At this point it reinstated dividends and within a year the Lloyds share price had almost halved. Since then it’s never gone much above 70p, and this year, since the market crash, dividends were again cancelled and Lloyds share price has fluctuated erratically between 23p and 33p. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shareslast_img read more

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3 reasons why I think the Lloyds share price will reach 49p this year

Simply click below to discover how you can take advantage of this. jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares 3 reasons why I think the Lloyds share price will reach 49p this year Jonathan Smith | Tuesday, 26th January, 2021 | More on: LLOY Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img Enter Your Email Address See all posts by Jonathan Smith Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” So far in 2021, the Lloyds Banking Group (LSE:LLOY) share price has been muted. The price closed Monday around the 34p mark and has ranged from that level to just over 37p so far this year. After the slump during the stock market crash in March last year, the share price hasn’t managed to get back to previous levels around 55p. Had I bought pre-crisis, I’d be holding the stock at an (unrealised) loss. With no dividends being paid, a kick higher is needed for the Lloyds share price in order to start momentum again. So what could be some of these drivers and would I buy at its current low level?Value and dividendsAccording to my figures, the market capitalisation of Lloyds at the moment is around £24.6bn. The enterprise value (an alternative way of measuring the net worth of a business) stands at £34.8bn. So if the share price rallied so that the market capitalisation equalled the enterprise value, this could be seen as a fairer price. What would this price be? Well, with 70.84bn shares in the market, this would put the Lloyds share price at 49p.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Also, it’s worth me thinking about the potential of a return of dividend payments. For companies in the financial services sector, dividends are a key way to keep shareholders happy. Last year the regulators strongly advised banks to not pay a dividend due to the pandemic. The pre-Covid dividend of 3.2p per share is therefore the last metric I have from Lloyds of potential payout numbers. The share price fell around 45% last year. So the same payout per share would represent a much larger dividend yield for me. This is because the 3.2p represents a larger amount relative to the share price at 35p than it did at 55p. It would provide a dividend yield over 8.5%. If that was the case, those who look for income stocks might pile in, which I think could drive the share price higher. But of course, there’s no guarantee that the payout would match the last one and I think it’s unlikely to do so.Brexit impacting the Lloyds share priceThe UK has finally left the EU and so far we haven’t seen an apocalyptic crash to the economy. I could argue that this is because Covid-19 had already done the damage! Should the economy suffer no more teething problems from the regulatory changes from Brexit, this could support a Lloyds share price move back towards 50p. This is because Lloyds is seen as a proxy for UK-based businesses. It also has the largest retail consumer base out of the other banks. As a result, it will see the financial results driven by how confident and successful UK consumers are. But being a proxy for UK-based businesses is also a risk to my overall argument. If the UK economy struggles due to Covid-19 and Brexit, the Lloyds share price is unlikely to gain traction. A dividend is unlikely to materialise. Added bad loan exposure could reduce the enterprise value, meaning the fair value of the stock comes lower as well.Yet on balance, I’m optimistic going forward regarding the Lloyds share price. I think it really might reach 49p and that fits in which my investing goals so it’s back on my watchlist. read more

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