Two reasons why I think the Lloyds share price will be a big winner in 2021!

first_img “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. 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’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. If Santa Claus had bought Lloyds Banking Group (LSE: LLOY) shares a year ago, just before Christmas 2019, would he be feeling naughty or nice today? I think he’d be feeling pretty naughty. And also fed up, like millions of other shareholders who watched the Lloyds share price plummet in 2020!Long-lasting losses for the Lloyds share priceThe Lloyds share price has been one of the FTSE 100‘s biggest losers in 2020. That’s hardly surprising, given that it’s the UK’s biggest retail bank with 30 million customers, caught in the crossfire of the Covid-19 crisis. Being a leading lender during the UK’s worst economic contraction in over 300 years has hobbled the Black Horse bank this year.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…At the current 32.99p, the Lloyds share price has crashed by almost half (47.1%) over the past 12 months. It’s also been hit hard today, down 1.91p (5.5%) on fears of a fast-spreading Covid-19 variant. Even worse, Lloyds shares have been serial disappointers for years: down 32.8% over two years, 47.7% over three, and 51.1% over half a decade. But here’s why I’m expecting a comeback in 2021.1. This stock is temporarily depressed, not deadAt their 52-week high, Lloyds shares peaked at 64.51p on 27 December 2019. Then they plunged in the spring as the coronavirus spread worldwide. The Lloyds share price hit a closing low of 27.73p on 3 April, before staging a two-month comeback into early June. Then began a long, slow drop to a lower low of just 23.59p, hit on 22 September. Two days later, I said I saw a lifetime of value in Lloyds shares at 24.58p. They subsequently surged as high as 40.82p on 25 November, soaring almost three-quarters (73%) in just over a month.Three months ago, I said this stock was crazily cheap. Today, I am only slightly less optimistic with the Lloyds share price hovering just below 33p. This depressed level values a leading UK bank — built up since 1695 — at just £24.7bn. If I could buy the whole of Lloyds at the current valuation and pocket all of its profits forever, I would greedily snap it up today.2. Lloyds’ rebound will pay dividendsThe long spring lockdown forced Lloyds to set aside billions of pounds to cover potential loan losses. Happily, the worst-case scenario didn’t emerge, thanks to enormous government support for workers and businesses. As a result, Lloyds bounced back in the third quarter, reporting a £1bn pre-tax profit. Also, being a ‘boring’ UK-only bank means Lloyds has a rock-solid balance sheet, stuffed with low-risk, ‘safe as houses’ mortgages. Furthermore, Lloyds has billions of excess capital waiting to absorb bad debts as we move into 2021. For me, this solidity should support and later lift the Lloyds share price next year.Finally, share prices never rise in straight lines, so the first half of 2020 might well be a bumpy ride for Lloyds shares. But the banking regulator has already given British banks approval to resume paying cash dividends in 2021. For Lloyds, this welcome announcement could come as early as February. When Lloyds resumes rewarding shareholders in cash for their patience, I expect its shares to soar. That is why this is one of my top UK shares for next year. Hence, I’d happily buy and hold Lloyds shares in my ISA today to enjoy tax-free dividends and capital gains. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Cliffdarcy 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.center_img 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. Two reasons why I think the Lloyds share price will be a big winner in 2021! Cliff D’Arcy | Monday, 21st December, 2020 | More on: LLOY Enter Your Email Address Our 6 ‘Best Buys Now’ Shares See all posts by Cliff D’Arcylast_img read more

Council launches app to highlight Donegal’s coastal heritage

first_img Facebook RELATED ARTICLESMORE FROM AUTHOR Twitter Twitter Homepage BannerNews Important message for people attending LUH’s INR clinic Pinterest WhatsApp WhatsApp Google+ Donegal County Council has launched an app highlighting the county’s coastline, and giving people a chance to share stories and read about the experiences of others.The app was launched in Letterkenny this morning.The Hericoast Donegal Coastal Experience App was launched today by Joe Mahon, who is best known for the long-running television series, Lesser Spotted Journeys.Speaking at the launch he said the app gives everyone the opportunity to share their own stories or folklore that have been passed down through generations.It will then be used as the basis of an archive which will continually evolve, with people using special mapping technology to upload information which will then be used by the council’s Planning Team.The WebApp has been developed as part of the Interreg Europe funded Hericoast project which aims to improve the management and preservation of coastal heritage and landscapes.Project Manager Aideen Quinn says because the app is web based, it does not need to be downloaded and will work on any device or platform.*************************Access details and Council statement in fullWell known TV Presenter Joe Mahon was on hand to launch the Hericoast Donegal Coastal Experience App in the Public Service Centre in Letterkenny earlier today.Joe Mahon is best known for his incredibly successful and long-running television series, Lesser Spotted Journeys and was delighted to help with the launch of what is essentially a new way of telling a yarn and sharing stories from along our stunning coastline.Speaking at the launch he said “This app gives us all the opportunity to share our own stories or folklore that have been passed down through generations, and with that, create what will be an archive of the places and stories we have, told in our own words”One of the most appealing aspects of social media is its ability to allow us to share special moments with a wider audience including our circle of family and friends.  This WebApp has been specially designed to allow the user to upload this information using mapping technology and this information will then be used by our own Planning Team to allow them to capture and manage this data which would otherwise be impossible to capture.This innovative WebApp is being launched by Donegal County Council and has been developed as part of the Interreg Europe funded Hericoast project which aims to improve the management and preservation of coastal heritage and landscapes. “Some aspects of our coastal heritage are intangible” says Project Officer Aideen Quinn.  “For example you could meet someone such as a guide at a specific location and enjoy their stories – this information cannot be readily put on paper but could be uploaded on the App via a photograph or comment and that would engage a wider audience as well as provide us with meaningful information that could help inform best practice in terms of managing and preserving our unique coastal heritage and landscapes”.The WebApp is does not need to be downloaded which means it will not take up memory on a device. It will work on any device or platform including Android, Windows and Apple. It will not go out of date as it is accessible at all times through the website and designed to be promoted on social media. The WebApp is available at Facebookcenter_img Pinterest Previous articleSeanad leader urged to lobby ministers on Swan ParkNext articleBan on pubs opening on Good Friday abolished News Highland Journey home will be easier – Paul Hegarty DL Debate – 24/05/21 Google+ Arranmore progress and potential flagged as population grows By News Highland – January 25, 2018 Harps come back to win in Waterford News, Sport and Obituaries on Monday May 24th Council launches app to highlight Donegal’s coastal heritagelast_img read more