Lloyds Banking Share Discussion Threads

[mitchy] 02/3/2020 07:29

We should see a bounce today on the back of impending rate cuts. But manufacturing output is going to be impacted I imagine.Strap in ...this is going to be a roller coaster ride week...yay! Anything's better than a flat one.

[1 nhs] 02/3/2020 05:52

1 NHS 27 Feb '20 - 02:25 edit
0 1 1
Mankind is facing a pandemic of unimaginable magnitude and suffering, combined with a world drowning in debt, that has zero chance of being repaid.

It is absolutely vital that you put family first , particular children

We are not far off, forced sellers of ALL ASSETS, (bar Gold , for immediate delivery)

Paper gold, might as well be flushed down the toilet.



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I have no predictions on the outcome of this terrible virus.

I do have some predictions on the likely financial outcomes

1/ Most shares are not far off worthless as profits will be extinguished for years, even then, investors might pay a pe of 3 for the the best growth stocks.

2/ Most bonds ( company and government ) worthless as everyone defaults.

3/ House Tiny values after banks go bust and stop lending. No one has a job.

4/ Land for food production has some value but needs to be protected.

Trust in business goes down the pan in a straight line, world trade dries up as everyone wants to be paid up front.

The only medium of exchange for goods and services that CAN BE TRUSTED BY ALL is, GOLD.

No one wants printed sheets of toilet paper. ( money

It’s about to turn on a sixpence.

Governments will furnish the world with yet more, free cash, but they can’t control the mindset of the people, or the virus.

From now on, it’s about staying alive and doing your bit for others

[1 nhs] 02/3/2020 05:23

Now 80/20 world no fly zone , within 2 weeks

[oakville] 02/3/2020 05:17

Central banks look as though they will print money for fun to get over this.

[mitchy] 02/3/2020 05:12

It looks like the Covid 19 is here to stay like the common cold. In my age group (60 - 69) it has a 3.6%mortality rate . However a 60 year old has a 5.9% chance of dying within 5 years anyway.So logically if I catch it my chances of living longer increase !

[mitchy] 02/3/2020 04:36

1 NHS filtered

[1 nhs] 02/3/2020 00:12

Here we go: ( as predicted )


Hong Kong / Transport
Cathay Pacific parks half its fleet and slashes nearly three-quarters of March flights as coronavirus epidemic hammers global aviation industry
Hong Kong’s flagship airline keeping 120 planes out of the sky at any one time
Bosses say move is in response to market demand as fear of travelling increases
Topic | Cathay Pacific
Danny Lee
Danny Lee
Published: 8:00am, 2 Mar, 2020

[minerve 2] 01/3/2020 23:38

€ clearing houses aren’t going to take up the slack in Swindon and Sunderland. Perhaps they can all go and work for that captain of industry Mike Ashley and make sporting T shirts. LOL

[minerve 2] 01/3/2020 23:35

EU law is good enough.

[cheshire pete] 01/3/2020 23:28

Underpinned by UK Law for starters. Laws of other countries not trusted as much.

[sentimentrules] 01/3/2020 23:20

You have been Gerbilsed. ..

[minerve 2] 01/3/2020 23:19

cheshire

Have a think about what USPs we have in our current service sector exports and think about whether they will continue to have durable competitive advantages in the long term.

It’s not politics of envy, it’s politics of common sense, or should that be uncommon sense. LOL

[cheshire pete] 01/3/2020 23:04

Homework for tomoz, may look up what goes on in Bolsover these days lol. So a basic manufacturing business supporting a few thousand jobs in the Midlands somewhere is 'virtuous' and financial services in say Edinburgh or London is less so? Blue collar ok, white collar not ok...sounds like politics of envy.

[minerve 2] 01/3/2020 22:53

Cheshire Pete

Nobody said our manufacturing base was dead, but against where it could have been it now casts a relatively small shadow. One of our shining beacons had become auto manufacturing but now the future of this - thanks to Brexit - is in grave doubt. As far as services are concerned, financial services and the likes form a large part and I have serious doubts that your friends in Bolsover are going to benefit from boosted service exports on a falling £.

[cheshire pete] 01/3/2020 22:52

Civil Service still full of remainers who can make life difficult for the Govt. in the transition period and any negotiations, assuming Boris doesn't walk away. Right that they should be moved out of the way and if Priti Patel, Cummings and Boris make it happen then fine.

Brendan O'Neil top man.

[maxk] 01/3/2020 22:41

It does sound iffy.

[alphorn] 01/3/2020 22:26

Kiss of death?
Boris Johnson has given his full support to Priti Patel 'I absolutely do have confidence in Priti Patel'

[sentimentrules] 01/3/2020 22:15

I am the Gerbilator. ..

[cheshire pete] 01/3/2020 22:11

Service industries don't rely on imports as labour based rather than materials, and where invoiced in £ to foreign customers a fall in the pound can increase profits. Ever since Maggie sorted out the Unions the lefties have been claiming manufacturing dead. Can't have it both ways.