The opportunity for growth for Lloyds bank is still in the very early stages
The opportunity for growth for Lloyds bank is still in the very early stages. The chart within the accompanying link sums up the potential well. Especially considering near term Lloyds are still removing large amounts of expenses from their business. The opportunity to buy cyclically depressed offshore banks with strong upside potential at attractive valuations remains intact. (VIEW LINK)
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At PM Capital we are not afraid to be different, we search the world for undervalued stocks, we avoid the trap of “group think” and prioritise company valuation over all other aspects. Founded in 1998, PM Capital is part of the Regal Partners Limited stable of alternative asset managers and specialise in Global & Australian equities and Global Fixed Interest strategies. We believe the very best way to minimise investment risk is through understanding valuation, as such, we avoid companies who are hard to understand or difficult to value and are well known for our discipline in resisting short term market noise and ability to hold investments through full industry cycles.
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