Jump to content
House Price Crash Forum
Sign in to follow this  

Alliance And Leicester Figures

Recommended Posts

According to the local Leicester paper, Alliance and Leicester have greatly increased the amount of money they have loaned on houses. The headline uses the word "doubles". But their pre-tax profit went down by seven percent to £548 million. Their core operating profit did increase by an unspecified percentage to £548 million.

I'm mulling over the meaning of this, and am going to ask the investors on Singing pig for their opinion too.

Billy Shears

Share this post

Link to post
Share on other sites

According to ADVFN.

"By the close today, the FTSE 100 index was 84.4 points lower at 5,791.5.

In London today, Alliance & Leicester was the worst performing share, continuing yesterday's sell off following the release of full year earnings numbers on Monday.

Merrill Lynch added to the gloom surrounding the mortgage lender when it reaffirmed its 'sell' rating and cut its fair value to 851 pence.

Alliance & Leicester was off 56 pence at 1,069 by the close."

That should be telling people something.

What did the singing pigs have to say?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 339 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.