Lloyds Banking Share Discussion Threads

[minerve 2] 06/3/2020 10:15

So according to the government 95% of cases within a 9 week period. Doesn't seem to correlate with the stock market response now does it. Who is right I wonder.

[minerve 2] 06/3/2020 10:12

OK, now isn't it time we handed the vaccine patent over to Donald? The Brexiters seem desperate to give him everything else.

[crossing_the_rubicon] 06/3/2020 10:11

"The Worst Is Yet To Come": Nomura Now Sees As Many As 1.5 Million Covid Cases By June


In the bank's new base case, it revises down further its Q1 2020 GDP growth forecast for China to 0% y-o-y, and for the world to 0.9%. While Nomura still envisages a V-shaped global recovery in Q2 in its new base case, it now has a “U” in its new "bad scenario" and a downright depressionary “L” (non) recovery in the new severe scenario.

[minerve 2] 06/3/2020 10:10

Pierre

Tracing is not useless BECAUSE the majority of cases are still being imported. Also, if you trace new clusters where import contacts haven't been found you can seek for correlated incidents and the correlation addressed. For example, in the US local transmission has been found to be linked to a care home.

Even in China where local transmission has been the highest of any country they are still using contact tracing.

The government have left you for dead and you are still supporting their methods. Dear me, when will you wake up.

[utrickytrees] 06/3/2020 10:06

Quite frankly I'm fkin staggered half of the EU hasn't packed up their camping gear jumped on a plane and erected their tents inside our hospital grounds to be assured of treatment in the event of a C19 epidemic. Only a matter of time before our hospitals look like GLASTONBURY.

[crossing_the_rubicon] 06/3/2020 10:06

@GBH2

Agreed. I wouldnt trust anything out of China.

Skorea,and Singapore, yes.

UK, USA, Rest of Europe. More than China, less than Singapore.

[gbh2] 06/3/2020 10:03

All the stats you could need, how true they are is debatable:

[m4rtinu] 06/3/2020 09:58

Ekuuleus - good earlier post re where Lloy share price could go.

On the death rate, I agree, difficult to measure. All deaths recorded but probably not all those infected. And may not record CV as cause. If it spreads as much as it could, I would guess NHS might not have resources to test widely, so then guesses/ surveys.

If stats emerge (gbh2 post above) on recovering individuals, then people might relax.

[mikemichael2] 06/3/2020 09:57

Heavy session for Min last night, he will be a bit late this morning.

[crossing_the_rubicon] 06/3/2020 09:52

@Mitchy,

Germany is probably fiddling the figures like everyone else.

Case,Cae, case, cluster, cluster, boom.

Germany just entering the boom phase now.

Skorea / Singapore the ones to watch for how to deal,control, mitigate imo
But it is warm weather in SKorea/Singapore so that could be a factor...

[smartie6] 06/3/2020 09:52

We have no visibility on impact on service industry, job numbers, etc. Etc. Etc.
No way this thing stabilises, surely?

[smartypants] 06/3/2020 09:52

Would you prefer the 15 day view of the same chart?
Draw your own...it might turn out different?

[action] 06/3/2020 09:52

Only respite banks is virus antidotes available asap.But according to pundit it may be by end of the year.

[smartie6] 06/3/2020 09:51

Who knows how far this will fall. Be a brave man to say it would go up to 60p.

[careful] 06/3/2020 09:50

We got out of the eu. and look at the result.
crashed markets, panic, airlines going bust, and end to all holidays.

I know you will all be gullible and believe it is because everyone is catching this years flu virus,
but the real cause is Brexit.

deep down you must know this.

[action] 06/3/2020 09:50

30p that is a big call.

[smartie6] 06/3/2020 09:49

Smarty pants, you aren’t wrong. This falls, we’re on day 5 of probably 90 and the crxp is flying now. I can’t even imagine where we’ll be on day 90 but region of 30p can’t be far out can it?

[crossing_the_rubicon] 06/3/2020 09:48

A Crisis Within A Crisis

[pierre oreilly] 06/3/2020 09:48

Minny, sorry you can't understand simple concepts. Tracing is being abandoned as it's useless now. Transmission is by those who show and those who have it but don't show any symptoms. Therefore tracing strategy useless. Does that explain it in sufficiently simple terms for you? If not, CBBC may explain in their children's news.

[ekuuleus] 06/3/2020 09:45

gbh26 Mar '20 - 08:49 - 7129 of 7138
0 0 0
Yesterday lunchtime I was chatting to a couple of LLOY's employees and they were saying it's Bonus time but they're refusing shares and wanting cash.

I told them I'd go for the shares but they said confidence is low in their offices.
The employee share scheme is a guaranteed win. These days mostly 3 year although 5 year and 7 year possible. You put an amount in the scheme and the bank matches that amount or some other percent. It's an option to buy at a price from the start of the scheme but only execise at the 3/5 or 7 year mark.

The bank has a vested interest in a more volatile price. They can set up the scheme for a lower price and gain more.

When the share price goes down under the option price, it's better to take the cash back. On a positive for the wider share holders, this will mean less dilution.

[pierre oreilly] 06/3/2020 09:44

Plenty of culture on his feet I bet.

[gbh2] 06/3/2020 09:42

Our Recovery figure rose from 8 to 18 this morning.

[gaffer73] 06/3/2020 09:42

The only reason this has fell so far is because of coronavirus so your chart is great for showing what the share price has done but not good for showing what it will do.