Lloyds Banking Share Discussion Threads

[minerve 2] 20/6/2019 21:10

The other issue with Next is they have been able to exercise advantage over competitors by providing credit facilities which has helped underpin sales and customer loyalty whilst at the same time adding a stream of income. This advantage is disappearing because financial disrupters are offering credit at point of sale when internet shopping like PayPal With Paypal Credit. I invested in Honeycomb Investment Trust which are in this nascent industry but HL removed this investment off of their retail broking site. They stated it was too complex for investors which seems hypocritical when they continue to push and promote the rather illiquid and opaque WPCT.

[goldfinger16] 20/6/2019 20:55

I agree with you. I have an aquaintance who deals with Next, his import company are a supplier of fashion merchandise, they are at present feeling the pinch as orders are slow. Next

Next have held up well since Brexit, but I sold my holding back in April, your post confirms what I thought.

[minerve 2] 20/6/2019 20:49

Are you sure about that?

Show me the skill of Pogba. LOL

[diku] 20/6/2019 20:45

Talking of CEOs...most don't have any ideas of their own... it all comes from researches, advisors, consultants, investment bankers etc etc...to which they get paid for it...



Compared to the obvious remuneration committee merry go round where 'independent' people decide a ceo should get £5m, then a few months later that ceo sits on the remuneration committee as independent for the bloke who previously helped establish a £5m rate. At least footballers and boxers and opera singers have established demonstrable skills for a short period of their life, while many ceos imo have nothing exceptional at all.

[minerve 2] 20/6/2019 20:29

Jacko7

The high-street is struggling, we all know that. The Brexit process has resulted in the £ falling which has raised input costs for many retailers increasing the stresses. You would be ignorant and/or a liar to say that isn’t the case. To just then point to Next is equally ignorant as it does not answer the question of whether we are happy to see our high-streets die and/or what we want from them in the future.

Now you have focused on Next, which are a very well run company, they do have challenges ahead. Capitalised leases will be coming onto their balance sheet which will show you all is not as well as it seems. They face stiff competition and although they have a good website they do not seem to be winning the battle via the digital channels of modern-day marketing, we shall see. But take note from this, I know much much more about Next than you will ever do. Don’t lecture me about NEXT.

[cheshire pete] 20/6/2019 19:45

Can't see Lidington and Hammond staying under Boris. I for one will be glad to see them gone from the front bench.
They say when Boris was Mayor of London he was very hands off, delegating everything. He will need to have people to watch out for him and protect his back. Raab and David Davis both very supportive earlier.

[crossing_the_rubicon] 20/6/2019 19:45

Shy,

You said it was Socialist, which is a common fallacy.

Hence my links.

"If you try to 'correct' everyone every time they use the word 'free' (e.g. bogo free, fill in this quiz and get a free pencil, children eat for free, etc etc)"

I wouldnt waste my time in that regard tbh


"Regarding the politics of Norway, I'm just relaying what I was told by a Norwegian, I'm no expert on Scandinavian politics as you seem to want to be viewed as"

Eh? I merely linked you to articles that showed Scandi countries are not socialist!
That doesnt equate to me wanting to be viewed as an expert.
How on earth do you make that leap?




"Beer expensive, plate of spider crabs 40 quidish. Not sure of the point you're trying to make"

Pretty obvious surely.
All that free stuff is paid for somehow! Higher taxes,both income and consumption side/duty etc. Hence high prices! Duh!

How can you not see such?

[shy tott] 20/6/2019 19:15

ls, thanks. I've never understood why people fall out just because they have opposite views, or accuse those holding an opposite view as being thick or a moron. It's not as if some have the monopoly on knowledge and others don't. Unfortunately, these days everything is black or white, all or nothing, with each position seemingly hating the other position (and don't we see that on here!). And some can't understand that it's possible to be generally for a certain position, yet not agree with every minute characteristic of that position, in which case you get the accusation of being the polar opposite of the position you generally agree with. Nowt stranger than folk.

[shy tott] 20/6/2019 18:59

ctr, I'm sure most understand by what is meant by such things as free health care. If you try to 'correct' everyone every time they use the word 'free' (e.g. bogo free, fill in this quiz and get a free pencil, children eat for free, etc etc) then it's a full time job for you.


Regarding the politics of Norway, I'm just relaying what I was told by a Norwegian, I'm no expert on Scandinavian politics as you seem to want to be viewed as. Having googled, it looks like Norway has some sort of pr, so neither tory nor socialist nor liberal but a mix of the lot.


Beer expensive, plate of spider crabs 40 quidish. Not sure of the point you're trying to make.

[smartypants] 20/6/2019 18:52

Such a nice chap..and such informative and insightful posts?
A bit of a potty mouth tho...tut tut...

[shy tott] 20/6/2019 18:49

Mr elbee, I did not say anyone could do aho's job.

Please don't misquote me - that's twice you've done that today.

[maxk] 20/6/2019 18:07

Gove 75 (out)

Hunt 77

Johnson 160

[alphorn] 20/6/2019 17:27

"Prefer Aston Martin myself".

All depends on whether you want to be sure to arrive.
Nice shape though.

[xxxxxy] 20/6/2019 17:19

Richard Maedje 20 Jun 2019 5:12PM

Why is the EU so bothered, if it supposedly doesn't really matter to the EU, that the U.K. Has chosen to leave?

Let's review... the EU needs the U.K. economically far more than the U.K. needs the EU. This is not controversial or even a debatable point amongst financial analysts.

As such, the EU is worried that because with new leadership in the U.K., the EU will now have to renegotiate the terms of withdrawal or it will face horrendous problems with trying to sell things in the U.K.

Already, both German and French and indeed Dutch businesses are heavily pressuring the EU to grow up and engage the U.K. in an adult fashion by shaping an orderly and functional clean break deal. But for the playground bullies on the commission, they would lose face if they had to backtrack, so they are designing this clearly untenable position, knowing perfectly well that as Boris Johnson suggested not paying the 39 billion in any event until there was an accounting of exactly what that was for anyway, the EU

Commission had absolutely no tangible defense or even substantive counter to it except to say.... "well, it wouldn't be nice of you to ask us to account for what that bill actually is and we think the rest of the world should call you debt risk because of your insistence at looking at the actual bill before paying it."

THAT was their paltry response.... The EU cannot be taken seriously that they won't be forced to renegotiate. They have no choice.

The EU is a puffed up rooster preening around inside a quickly disintegrating dinosaur of an economic model of protectionism that is being dismantled world-wide by Trump and the other newer and more modern economies that are putting the kabosh on the old models the EU is unsuccessfully clinging to.

The USA cut corporate tax rates and so now Germany and France do not have that advantage. The EU's response when the EU economy starts to tank? "Let's devalue our currency."

Has anyone noticed that countries which fail to reduce tariffs and protectionism to equal or fair levels are LOOSING. Apple is now moving its supply chain out of China. Companies producing in Mexico are now moving back to the US. The German economy is on the verge of recession and along with it mainland Europe because the EU can't compete on the world stage using this outdated and vulnerable economic protectionist racket.

Why anyone would want to do down with the EU is beyond me.

Oh yes... has anyone noticed Italy is now building a NON-EURO currency under the nose of the EU and there isn't a darned thing the EU can do about it.

Yes, the EU cannot be taken seriously as it fails to recognize it is not the power it thought it was, nor is it realistically in a position to order the U.K. around either in a withdrawal agreement under new U.K. Leadership.

They not only will cave, they will cave before OCt. 31.... Mark my words

[crossing_the_rubicon] 20/6/2019 17:16

Ferrari???

Prefer Aston Martin myself.

Love how "it's always about Money" for Minnie.

More to life than money.

One day you might work that out!