Lloyds Banking Share Discussion Threads

[minerve 2] 03/3/2020 22:15

Pierre

Did you know....

Frequent and even occasional demonic possession leaves your body feeling refreshed and relaxed. The magic comes from an infernal dose of endorphins. No drugs work better. A demon may put your flesh through all manner of agony, but will leave your meat tender and your muscles lax.

It's like a Thai massage.
Better than a bubble bath.

Demons make my insides tickle.

[k38] 03/3/2020 22:13

M2 : "If Lloyds is down 6% tomorrow that is pretty sh*t for you guys...."M2 really ?? Lol... if I was you I would stop investing. Do you make any money from investing so far ?

[k38] 03/3/2020 22:09

Laura's report about the virus at the BBC news at 10 o'clock spreading of panic... no reason to panic the population as virus is under control.

[careful] 03/3/2020 22:08

House prices are due for a correction.
The UK is one of the few advanced countries that has not had a house price correction in recent years.

In part HMG subsidies such as generous housing benefits, help for first time buyers and other measures rig the market.
High immigration also.

Average house prices used to be 3-4 times average salary.
They are more that 7 times.
Affordability is in some ways worse.
House prices no longer rise, wages growth negligible, more that offsetting higher interest rates.

[minerve 2] 03/3/2020 22:06

Jacko is that you?

ROFLMAO!

[minerve 2] 03/3/2020 22:02

"West end of Londonistan virtually empty as of now."

Care to explain?

[minerve 2] 03/3/2020 22:01

Oh well, not taking anything away from Chelsea. They were much the better side and deserved the win.

[maxk] 03/3/2020 22:01

Lockdown by another name is happening now Min.


West end of Londonistan virtually empty as of now.

[minerve 2] 03/3/2020 21:59

maxk

China is not Europe and it's communist. That explains why it can deal with the outbreak better. It isn't worried primarily about profit and loss accounts. Lock downs will not happen here. It is cheaper to just watch the old Brexiters and Tory voters die. That's how loyal they are to you. ;)

LOL

[maxk] 03/3/2020 21:53

Too late Min, the gammons have won again.



'Victory' against coronavirus is in sight, says China's UN ambassador

Cases in the country fell to a six-week low of 125

By
Sarah Newey
and
Nicola Smith
3 March 2020 • 7:25pm


China’s ambassador to the United Nations has declared that the country is winning in the fight against coronavirus as the number of new cases hit a six week low.

Just 125 infections were confirmed on Tuesday in China, down from a peak of more than 15,000 new cases a day at the start of February.

Zhang Jun, the ambassador to the UN, said that the decline demonstrated that “we are not far from the coming of the victory.”

The World Health Organization added that the “decline is real” - early on in the epidemic there were concerns that the data provided by Chinese authorities was inconsistent.

“We have seen a decline in cases since the end of January… we scrutinized this data and we believe that this decline is real,” Dr Maria Van Kerkhove, a WHO outbreak expert and a member of the investigative team who travelled to China last month, said on Tuesday....

[diku] 03/3/2020 21:53

Yes and house prices will stay at premium...rates have only one purpose...support the housing market...so that borrowers are able to full fill their obligations...




Utrickytrees
3 Mar '20 - 18:42 - 295131 of 295136
0   1  0



Cuts in interest rates will do very little to make housing more affordable! High time the Lemons in the BoE were ousted to to give the Gammons more of a return on our savings and investments.

[eeza] 03/3/2020 21:47

You seem to object to HB's making a profit, price gouging etc, but don't object to Banks fiddling the gold fix, Silver fix, LIBOR, PPI, sending businesses into administration & then asset stripping, laundering £bills for drug cartels - just as a few examples. But apart from that, no complaints, then.

[minerve 2] 03/3/2020 21:47

Minerve timed his exits today perfectly. Yes, thanks Minerve, I know I did! LOL

[bargainbob] 03/3/2020 21:26

Pete be careful a lot of hungary animals in that zoo near you.

[careful] 03/3/2020 21:25

LLOY down 6.1% at close in America tonight.

Mortgages and finance loans are ok if they get paid back.
A real recession would mean non performing loans and serious trouble...again.

Amuses me how punters take out larger amounts of debt when interest rates and inflation are low.
They seem to forget that they have to pay of the capital at some point not just the interest.

Only Governments can run up debt and merely pay the interest and never pay of the debt. 30 year debt will be a problem for the nest generation, not us.
Serves the young right for being young, having fun and are able to shake off nasty viruses.

[cheshire pete] 03/3/2020 20:56

The stockpile of tins in the shed could yet come in useful. Never thought something else bad would happen before the cliff edge lol.

[bookbroker] 03/3/2020 20:16

Nothing wrong with banks making profits, find somewhere else if you do not like their rates, plenty of alternatives.

[molatovkid] 03/3/2020 19:59

£3bn profit AFTER £2.5bn Ppi.So once that's out of the way Lloyd's get even more profitable is the way I see it.

[ekuuleus] 03/3/2020 19:57

My Lloyd's cc is 5%

[2wild] 03/3/2020 19:53

Don't worrie as base rates fall to zero, Lloyds will still charge 39.9 or 49.9% on overdrafts and over 20% on most credit cards. They will be ripping off their customers for many years to come. Have therefore doubled my holding at 48.665p, nice 7% yield on a safe very well capitalizedbank.