Lloyds Banking Share Discussion Threads

[gotnorolex] 16/2/2020 15:04

Downing Street 'vows to abolish BBC licence fee' amid ongoing row.

[xxxxxy] 16/2/2020 14:57

?Following the reshuffle that saw Sajid Javid resign as Chancellor to be replaced by Rishi Sunak, and new roles for Anne-Marie Trevelyan (DFID), George Eustice (DEFRA) and Suella Braverman (Attorney General) amongst others, Parliament has now risen for recess.However, UK Brexit negotiator, David Frost, will be heading to Brussels tomorrow night to give a talk on the future relationship that the UK will be seeking with the EU, as senior Conservatives made it clear yet again that they will not agree to a "level playing field" on areas such as workers' rights, taxation, state subsidies, environmental protections and health & safety.Boris Johnson has branded such demands as 'ridiculous' and made it clear that the UK is seeking a free trade deal along the lines of those the EU has struck with Canada, South Korea and Japan. The EU removed 99.5% of tariff lines in its trade deal with Korea, 99% with Japan and 98.7% in its deal with Canada. None of the three countries are required to have any "dynamic alignment" on regulation, and in all three, commitments to workers' rights and the environment are not enforceable through the arbitration mechanism nor subject to sanctions.Brussels will not be feeling particularly upbeat, with economic growth in the Euro-zone looking a bit dismal, particularly in the bloc's three largest economies - Germany, France and Italy. Estimated collective growth across the bloc is just 0.1% for the last quarter - which would mean a year-on-year rate of only 0.9%, the weakest since 2013. The UK's withdrawal has also left a £62bn hole in the EU budget for the next seven years - EU27 leaders will meet for a long weekend in Brussels as they thrash out the details of the a new multi-annual financial framework.All member states are facing increased contributions and fights are predicted between the biggest net contributors and the the biggest net recipients. Conditions imposed by the Commission in return for funds are likely to go down badly with the Hungarian and Polish governments.In light of predictions of a welcome 'Boris bounce' for the UK economy, after the uncertainty of the last 3 years was broken by the December general election result, it is good to see that the outgoing Governor of the Bank of England, Mark Carney, is beginning to sound more positive, saying: "It is a major reordering of our relationship not just with the European Union but our trading relationships with the rest of the world and it is prompting a reassessment of economic policy, structural economic policy in the country... We are already seeing a rebound in confidence, business confidence and to some extent a firming of consumer confidence."Former director-general of the British Chambers of Commerce (BCC), John Longworth - who was most recently an MEP for the Brexit Party - is rumoured to be setting up a pro-Brexit business lobby group to rival the CBI. You can read his piece for Global Vision here.For the latest news and developments throughout the week, please do follow @GlobalVision_UK on Twitter and our daily briefing.Seen elsewhere:'Fighting like ferrets in a bag' as EU tries to plug Brexit cash holeJohn Longworth plans pro-Brexit lobby group to rival CBIBrexit deal demands go publicGovernment claims EU demands are 'ridiculous' as post-Brexit trade talks loomMark Carney is finally realising the benefits of BrexitEuro area growth slows to seven-year low as France and Italy contractDon't expect the EU to learn any lessons from BrexitEU and UK are poles apart on the Irish Protocol

[joe say] 16/2/2020 14:46

Ban the licence feeIf minerve et al think its worth their subscription then fine, but why enforce a tax on the rest of the population the majority of which dont agree with their left wing PC propaganda as evidenced by the election result

[minerve 2] 16/2/2020 14:31

"New blood plasma treatment offers hope for those infected with Coronavirus"

Give it to him FFS! Shut the paranoid clown up!

[gotnorolex] 16/2/2020 14:29

Boris just killed the BBC!

[crossing_the_rubicon] 16/2/2020 14:26

Hmmm, intriguing....

"New blood plasma treatment offers hope for those infected with Coronavirus"

[minerve 2] 16/2/2020 14:14

Got to have happened first before it's deemed false. ;)

LOL

[minerve 2] 16/2/2020 13:40

Nothing libellous about the truth old boy. ;)

[wendsworth] 16/2/2020 13:27

mitchy : I'm with you(Your post 231 refers) .Either way we're adopting a sensible approach. Whatever the outcome that seldom proves to be wrong. I guess it's very much allied to prudence. I've been a trifle 'gung ho' in the past ...and unfortunately have the trading account scars to prove it! Overall ..trading Lloyds has been ok for me. Mind you selling out my entire holding first thing on 13/12 has proved to be one of my better investment decisions!

[k38] 16/2/2020 13:26

Licence fee for NHS, (direct cash) YES... NOT FOR BBC !!

[k38] 16/2/2020 13:25

A few of BBC problems need attention which I believe others will agree and add more...Eastenders keeping people in the last century, I just can't stand anymore. One job three employees Get rid of the news readers "stars" ( stars my #ss) wasting money on salaries when a nurse takes home 30.000 a year. Brainwashing voters and all people in general. Dividing people by expressing their own views. Standing up stupid comedy, idios who call themselves comedians. Hours wasting on cooking programmes. .....

[xxxxxy] 16/2/2020 13:18

BBC.ValuesJimmy SavileBBC has gone BAD

[xtrmntr] 16/2/2020 13:16

From Motley Fool.Over five years, the share price of Lloyds Banking Group (LSE: LLOY) has fallen by 24%. Yet there's much to like about the bank, from its dividend yield and potential for growth, to its sector-leading cost control and its evolving business model.Opportunities for growthOne of the big attractions of the shares has to be the dividend yield, which has leapt to 5.6% since the bank reintroduced paying a dividend in 2014. Dividend growth has tended to be consistent and with earnings greater than the dividend payout, there's room for it to keep on growing in the years to come.Its move into wealth management in a link with Schroders is also a possible catalyst for the struggling share price. That business has only recently been launched so there's plenty of opportunity for it to make an impact in future financial results, which could boost the share price.Lloyds owns a majority of the venture and the pricing structure has been designed to undercut rivals – a sign that Lloyds and Schroders may be seeking to take a large market share. Other banks are also moving into the space, showing just how attractive and profitable wealth management is as a business.What makes Lloyds greatFrom any investor's point of view, a tight control on costs is a good thing. While HSBC and some other FTSE 100 businesses are often seen to be unwieldy, Lloyds, on the other hand, has a tight grip on its expense account.The cost/income ratio, is under 46% (compared to nearly 48% previously), which is sector-beating and extremely healthy. By closing branches, as it has been doing for years, and becoming increasingly digital, Lloyds can move to reduce costs even further and reward shareholders with higher profits and potentially share buybacks or special dividends.Factors outside of its controlThe external environment also seems to be improving for Lloyds. For now, there's a little more certainty around Brexit in the UK. And the deadline for PPI has now passed, meaning PPI provisions in future financial results should disappear.The UK economy – which Lloyds is very much tied to – is doing better. Figures out just last week showed the dominant services sector of the economy grew, and by more than was expected. It reached its highest rate since September 2018.Lloyds is looking in good shape, but the share price isn't reflecting this. I think this is because of an ongoing fear about Lloyds' reliance on the UK economy and the ongoing questions around Brexit. But the signs are that the economy is improving and analysts at Jefferies International think the shares can reach 78p – a near 37% increase from where they are now. As long as there are no nasty Brexit shocks, I think the Lloyds share price could smash the FTSE 100 this year because it has plenty going for it.A top income share with a juicy 5% forecast dividend yieldIncome-seeking investors like you won't want to miss out on this timely opportunity...Here's your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this out-of-favour business that's throwing off gobs of cash!But here's the really exciting part...Our analyst is predicting there's potential for this company's market value to soar by at least 50% over the next few years...He even anticipates that the dividend could grow nicely too - as this much-loved household brand continues to rapidly expand its online business - and reinvent itself for the digital age.With shares still changing hands at what he believes is an undemanding valuation, now could be the ideal time for patient, income-seeking investors to start building a long-term holding.

[minerve 2] 16/2/2020 12:45

Manchester City....

HA HA HA HO HO HO

Serves themselves right for entertaining a wealthy Arab.


We built this City, we built this City on Arab oil......


LOL

[crossing_the_rubicon] 16/2/2020 12:30

Supply Chain impact of Covis-19 is unknown..but some signs of stress are evident.
Longer this goes on worse they will become.


Nissan to shut Japan factory due to shortage of Chinese parts





"Nissan Slashes Profit Guidance By 43% As Auto Industry Plunges Deeper Into Recessionary Abyss"

The company also noted the coronavirus outbreak's impact on the business. Two plants that the company owns, including one in Hubei province, will remain shuttered until at least February 20. The outbreak has resulted in the company reducing production at three other vehicle factories throughout February, as well.

[cm44] 16/2/2020 12:00

Anyway, enough of Advfn for now,it's the 3rd and last of the odis at Centurion,
and a real mouth watering prospect,close the curtains to keep Dennis out and away we go!

[cm44] 16/2/2020 11:56

"That was the news that was" remember Millicent Martin?
Always looked forward to that and of course Spitting Image.