Lloyds Banking Share Discussion Threads

[wendsworth] 15/3/2020 14:45

EssentialInvestor : Noted. Doubtless the hedgies and computerised trading platforms will be ahead of the game ....hence my final comment. Just have a feeling that we might see a levelling out this week . There are some excellent buys in the offing and 'they' will be well aware of it! Some cash generating utilities for example ? However I'm still a trifle wary of the banking sector which I think will be slower in it's share price recovery .

[wendsworth] 15/3/2020 14:36

Minerva : Absolutely agree with your comments ref Virgin. Branson has leeched off the public purse for donkeys years. The UK Government should follow his , and others , example and wait for Virgin to go under then pick up the assets for a song to form the basis of a national airline perhaps incorporating BA?

[essentialinvestor] 15/3/2020 14:28

For some better news, the South Korea numbers look much better,
although just to caution the initial surge may have been largely caused by
that religious sect ? -in any case something hopeful.

Hubai provenance has peaked, the rest of mainland China stats look lower than you
might expect?, but still even if not accurate, hopefully there is a positive trend there.

[wendsworth] 15/3/2020 14:09

As 'the source' China is very much ahead of the game . Return to work is accelerating with virtually all its regions lowering it's emergency response levels . Singapore , South Korea and other Asian countries have COVID 19 under control. Could be that the Chinese and Trump are 'working together' !!????? Vast sums to be made out of this ...in every sense.

As to Monday or this week's market forecasts...GOOD LUCK WITH THAT !!!!!!!

[essentialinvestor] 15/3/2020 14:05

Reported cases death rate and actual death rate may be markedly different.
Reported cases are disproportionately weighted to the more serious or those who develop complications. Hopefully the actual death rate is nearer 1% or under.

[minerve 2] 15/3/2020 14:05

Virgin should be allowed to go under.

Branson has taken his private profits and now he wants to socialise his losses.

Forget it Branson. You should deal with this on your own!

[crossing_the_rubicon] 15/3/2020 14:02

Interestingly, the dominant Syrian identity of the migrants has been widely questioned given video from the clashes often shows asylum-seekers speaking all kinds of regional languages from Pashtun to Urdu to Farsi, and not Syrian Arabic (Levantine dialect).

"Anyone surprised?"

[crossing_the_rubicon] 15/3/2020 14:02

CM44:)

You prepper you!

Ex boy scout I take it.

Old habits die hard.

[utrickytrees] 15/3/2020 13:58

Wont be long before the Paddys come to us cap in hand for another loan. EU run out of funds.

[asdb9] 15/3/2020 13:57

CFR of common flu 0.2CFR of Covid19 3.0

[careful] 15/3/2020 13:50

280,000 deaths would be an unprecedented disaster.
Don't know how you get your number.

We know the deaths, and number of those tested positive with symptoms.
but we do not know the numbers untested or those that have been cured without treatment.

[ignoble] 15/3/2020 13:28

Well said Maxidi...
Couldn't agree more...

[asdb9] 15/3/2020 13:25

CFR of Covid19 is at least 10x greater so 280,000. And you dont see ehat all the fuss is about

[careful] 15/3/2020 13:24

Essential
I have family in the health service.
As you say, they are on a war footing.

Staggered by the number of NHS beds per thousand of population compared with other countries.We compare vey badly.
We really have been shown up by this virus.
As have America.

Amusing how China is helping America by providing virus testing kits.

[careful] 15/3/2020 13:17

It is difficult to understand fatalities until we accept that even in perfect years of optimum health, about 600,000 or more people die in the UK every year.
It is natures way, inevitable.

[essentialinvestor] 15/3/2020 13:16

careful, my other half works in healthcare and I would not post some of the
informal planning discussions that are already taking place in the UK.
Many of those who work in the NHS will already be aware.

Yet even with this back drop, for the vast majority this will cause few if any serious complications.
Many more cases will be sub clinical -which unfortunately is helping to aid disease spread.

Surge in demand on the health service (and what that entails) is arguably far more dangerous than the virus itself for most people - that point tends to be lost in some of the reporting.

[stonedyou] 15/3/2020 13:15

Hedge funds count their profits from market rout

Bets against currency and shares pay off handsomely for short sellers as panic spreads among investors



Hedge funds have prospered from big bets against British shares



Hedge funds are this weekend dividing the spoils of a brutal week in financial markets, having made billions betting against shares and currency as fears of an economic downturn gripped investors.

A long-standing short position against multiplex chain Cineworld alone returned about £150m for a handful of funds that bet on its debt-fuelled acquisition spree ending in disaster. Short sellers also prospered by correctly betting that an early interest rate cut would trigger a fall in sterling.

Mark Carney, the outgoing governor of the Bank of England, stepped in to reduce rates by 0.5 percentage points on Wednesday to prop up the economy as the Covid-19 outbreak pushed Britain towards recession.

Although the...

[eurofox] 15/3/2020 13:06

I'm ready ... to die if need be

[crossing_the_rubicon] 15/3/2020 13:04

So, with all these lockdowns incoming across Europe, who is ready IF,(or should I say WHEN) one happens in the UK?

[asdb9] 15/3/2020 13:00

Many companies have developed a vaccine but its the human trials and legalities that take time

[careful] 15/3/2020 12:57

Essential
I am terrified of this virus as everyone else is.

but looking at the flu deaths in recent years it is amazing that 2014/15 there were 28,000 UK deaths and it hardly made the news.
No panic, cancelled flights special measures.

Average flu deaths 17,000 pa over 5 years.

Why have we been so whipped pinto a panic over this virus?
I know you have been brainwashed into submission after being told that this virus is different and worse, but those flu deaths are scary.
Hope this is not worse, imagine 50,000 deaths, that would be almost twice as bad.