The Lloyds share price is falling on Brexit woes. Is it time to sell?

first_imgThe Lloyds share price is falling on Brexit woes. Is it time to sell? See all posts by Alan Oscroft 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. 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. Alan Oscroft owns shares of Lloyds Banking Group. The Motley Fool UK has recommended Barclays and 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. 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.  It isn’t nice to start the day and see Lloyds Banking Group (LSE: LLOY) down among the FTSE 100‘s biggest losers. As I’m writing, banks make up three of the bottom four stocks, with only Rolls-Royce doing worse in the bottom spot. NatWest Group is the biggest banking faller on a 6.4% drop, followed by the Lloyds share price down 4.5%. And then Barclays (LSE: BARC) has dipped by 3.9%.The Bank of England (BoE) has chosen this time for its thoughts on how our banks are coping too. And the prognosis, from the BoE’s latest financial stability report, is upbeat. Most of the no-deal Brexit risks have already been mitigated, it reckons, though we should get some disruption. I don’t see a great deal of threat for Lloyds, which has already refocused on its UK operations.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…The report suggests the banks have sufficient liquidity to absorb up to £200bn in credit losses. But that would be a nightmare scenario needing, for example, 15% unemployment and a 30% crash in house prices. Fate is something I don’t like to tempt, but I can’t see anything close to that happening.Lloyds share price fallingBut the gloom is still hitting banking shares. The Lloyds share price had benefited from the November market spike. But it has now lost 15% since that mini-peak. Barclays is in a similar position, with its shares down 10% since November’s high. So what would I do now?Well, I’m certainly not going to sell my Lloyds shares. And if I owned Barclays shares, I would not sell those either. In fact, I believe we’re still seeing a top buying opportunity for the banking sector. Valuation measures based on profits are pretty much shot this year, with forecasts suggesting a price-to-earnings ratio of 31 on the current Lloyds share price. That would be madness in normal circumstances, but next year’s forecasts already look a lot brighter.We’re looking at a 2021 P/E of 11. And by then, analysts expect Lloyds to reinstate its dividend for a yield of 4.4%. It would be significantly below pre-pandemic payouts. But as a new start to a hopefully new progressive policy, I find it attractive.Banking liquidity healthyLiquidity, of course, is surely the big issue behind the Lloyds share price outlook. But that looks fine to me. At the Q3 stage at 30 September, Lloyds boasted a CET1 ratio of 15.2%. That’s strong, easily beating the bank’s target of around 12.5%. There’s a loan-to-deposit ratio of 98% too, with also says good things about Lloyds’ liquidity.At its Q3 point, Barclays managed a CET1 ratio of 14.6%. That’s slightly behind Lloyds, but still healthy enough to dispel any liquidity fears for me. And the bank recorded a year-to-date pre-tax profit of £2.4bn, pointing out that it has been profitable in every quarter. On the P/E front, Barclays looks just as attractive to me as Lloyds. The predicted 2020 P/E stands at 18. But for 2021, when it should be more meaningful, there’s a drop to under 11. The forecast dividend yield stands at around 3.5%.I’d buy Barclays shares now, and maybe more Lloyds too. Enter Your Email Addresscenter_img “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Alan Oscroft | Friday, 11th December, 2020 | More on: BARC LLOY Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. last_img read more

Limerick Youth Service and Leargas inviting public to Erasmus Plus programme

first_imgNewsLocal NewsLimerick Youth Service and Leargas inviting public to Erasmus Plus programmeBy Staff Reporter – April 10, 2018 851 Email WhatsApp Limerick Youth Service have launched a new online live information chat service Young people graduate from Youth Employability Programme with Limerick Youth Service Teenagers get on their bikes in search of new opportunities Limerick Youth Service Limerick Youth Service and Leargas are inviting those interested in the Erasmus Plus programme, which outlines funding opportunities for European youth exchanges and projects, to an information workshop at Limerick Youth Service, 5 Lw Glentworth St, Limerick on Wednesday, April 18th from 10- 12pm.Delivered by staff from Leargas, the workshop will outline the many opportunities available through the Erasmus Plus Programme and the application process that accompanies it.The roadshow it suitable for youth, community, cultural and sporting organisations that work with youth people across the Midwest region.Sign up for the weekly Limerick Post newsletter Sign Up The Erasmus Plus programme covers an variety of topics including supporting, young asylum seekers, refugees and migrants in addition to art projects and youth participation to name but a few.Established in 1986, Leargas supports international exchanges and collaboration in the youth sector, mainly through the medium of European Commission-funded education and training programmes.A member of Youth Work Ireland, Limerick Youth Service has decades of experience in participating in international youth exchanges.Interested parties are asked to register via eventbrite: youth-funding- opportunities-limerick- ys-tickets- 34719481905For more information place please contact Leo Gilmartin at [email protected] or 01-887120.More local news here. Linkedin TAGSAsylum seekersErasmus PlusLeargasLimerick Youth Servicerefugees Twittercenter_img Print RELATED ARTICLESMORE FROM AUTHOR Nordic adventure for Northside teens Limerick Youth Service Calling for Additional Investment in Youth Work Sector Advertisement Previous articleLimerick writer Barney Sheehan passes awayNext articleKiller Molly avoids additional jail time over rules breach Staff Reporter Limerick Youth Service bakers create a special ‘Soviet Loaf’ Facebooklast_img read more