Lloyds Banking Share Discussion Threads

[1 nhs] 13/3/2020 07:04

Yep he is doing very well

Berkshire Hathaway Inc. Class A
NYSE: BRK.A
272,000.00 USD −21,337.50 (7.27%)
Closed: 12 Mar, 6:02 pm GMT-4 · Disclaimer
After hours 265,000.00 −7,000.00 (2.57%)

[essentialinvestor] 13/3/2020 06:19

Phil, yes, however Berkshire Hathaway sitting on over $130 billion
in cash atm. And just two weeks ago Charlie Munger warned there was
trouble ahead because of excessive risk taking.

I guess timing is easier when a financial genius like Buffett or Munger.

For mere mortals like the rest of us, it's a tad more challenging!!.

[1 nhs] 13/3/2020 05:51

Buffett made his money using debt from government and companies.

That game is over , as investors here are finding out here to their cost .

[philobeddoe] 13/3/2020 05:10

A global crisis is your friend - warren buffett (those who buy in at the bottom stand to make a lot of money when confidence returns - which it will. Coronavirus will be a distant memory by summer imo)

[malcolmmm] 13/3/2020 00:36

I was just watching Bloomberg, markets in Asia are plummeting, everyone is running for cash .The CMC markets chief strategist thinks that we are nowhere near the bottom, he said after the longest bull run in history we are heading much lower, 50% off highs and we have not seen capitulation until we do markets wont stabilise etc etc. It doesn't bode well for share prices, looks like these may fall to around 30p if he is right ,time will tell.

[minerve 2] 12/3/2020 23:55

I watched the PM' s press conference this evening from start to finish. It was an embarrassment. We have moved from 'contain' to 'delay' but the fact is we did nothing whatsoever to 'contain'. The sub-text of 'stay at home for seven days' is 'don't bother us or the NHS'. Whitty and Vallance are enjoying the number-crunching, hoping their curves flatten and so on, but ignore the only evidence of successful mitigation measures (China; Singapore). I am ashamed for the three of them. Wake up Britain, to this slow car crash unfolding in front of us.

[minerve 2] 12/3/2020 23:50

Perhaps Boris should start to deliberately infect sections of the public to tranche the epidemic ......


This is a bad idea that Boris and his wet-noodle crew are attempting.

[buywell3] 12/3/2020 23:37

buywell3 - 12 Aug 2019 - 19:18:04 - 4183 of 7548 Lloyds Bank (LLOY) 'On Topic only' - Thread - LLOY

Bad day at Black Rock tomorrow methinks


USA markets now look set IMO to drop to 20,000



U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

[k38] 12/3/2020 23:34

All support levels falling down like flies and all because of the damage the virus will do to the economy.


Right now, 21p is not out of the question unless they found an antivirus now OR they suspend markets till they manage to control the virus.

[minerve 2] 12/3/2020 23:23

You aren't going to get herd immunity without massive collateral damage.

[minerve 2] 12/3/2020 23:23

We need urgent implementation of social-distancing and closure policies. The government is playing roulette with the public. This is a major error.
Richard Horton, chief editor of medical The Lancet

[k38] 12/3/2020 23:16

Europe divided over tackling Coronavirus outbreak.

[1carus] 12/3/2020 22:58

Why would the divi be cancelled, the gov are bankrolling 80pc of all biz loans, supporting everyone with ssp if they get ill etc. Unless swathes of people lose jobs, i cant see why lloyds is any different today to what it was last week. Possibly even less risk. Was looking at mortgages last week, 2 to 3 year variables at 3.8pc so now 3.3pc, the banks still have a 3pc margin. LLOYDS is now a domestic bank, it's not what it was and it's not just bailed hsbos.

[chavitravi2] 12/3/2020 22:43

Dow well down again and then suspended. Read into that what you will.

[2bluelynn] 12/3/2020 22:43

Any chartist on support levels pleaseThanks in advance

[gwatson56] 12/3/2020 22:22

Reported that an estimated 10,000 infected in UK, see that mortality estimates have been reduced... 'around 1%' by the chap on the tv. The problem as I see it is that the virus knows no borders, yet each bordering county ... even region in some cases are adopting different approaches, fwiw I believe the UK Govt approach to be the right one. The LLOY share price I think will be jumpy until the trajectory of Italy's stats show a peak of new infections.

Perhaps the political judgment by Boris et al is bold , just that anyone outside the inner circle knows little if nothing.

Looks like I will be shopping for my dad for the next couple of months....

[adyfc] 12/3/2020 22:07

Share price looks like Eric Daniels is back in charge.

[k38] 12/3/2020 21:57

Newscast... another BBC useless programme.

[k38] 12/3/2020 21:43

Open at 34p

[malcolmmm] 12/3/2020 21:22

Looking like a other bad day tomorrow,can see them cancelling this year's divi

[careful] 12/3/2020 21:18

So many companies will be having rights issues to repair their balance sheets.