Lloyds Banking Share Discussion Threads

[jacko07] 16/3/2020 12:08

Minnie..the bottom is near, it will take little courage to buy at these prices.

[high value chips] 16/3/2020 12:05

Alphorn
16 Mar '20 - 11:40 - 296664 of 296667
0 2 0
Behave yourself Fangorn.

Too many touchy posters here now.

Long gone are the days here when we all tried to help each other. For that today you need to go to other threads.
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BOOOOOOM!

Does that help Alphorn.
We are all helping each other here....I've just saved K38 thousands in the last few days! LOLOLOL!


Cheers

[crossing_the_rubicon] 16/3/2020 12:02

They'd be better off buying all those Brexitr emergency kits surely??

Far cheaper.
As good.

You know, the ones that all the Remoaners bought as they pushed Project Fear!!!!

Don't tell they didn't listen to their own fearmongering and prepare now...



"Elites Are Buying These Emergency $5,000 Go-Bags To Survive Virus Crisis"

[minerve 2] 16/3/2020 12:02

I wouldn't rush back into the market yet. No need to catch a falling knife.

[jacko07] 16/3/2020 12:00

People using cash machines, using contactless, buying provisions like it's Xmas and Lloyds lower than they were in 2008, 09, 10, 11, 12, 13, these price drops on UK shares are way overdone.

We know the US is still overvalued but this current UK market is like the 70's when inflation was 15% and Jim Callaghan had to get on his knees to borrow from the IMF to save the UK from bankruptcy.

BP this morning at 253p were cheaper than I can remember, other good stocks down to 2008/09 crash levels.

Time to stock up!

[gaffer73] 16/3/2020 11:59

It's not simple, I agree, but the stress tests are done for this type of situation and they all passed easily. Unless this virus really takes hold there will be minimal cost. For most it's a cold, if your old it may be worse so the government steps are correct imo. Which will mean very little disruption to normal life.

[k38] 16/3/2020 11:56

Banks will need cash ..Right now, I believe the management thinking of divi cancellation. They may also pay the first dividends and cancel the rest for a year or cancel the lot for a year.That sure will effect the share price but that's minimum and short damage to shareholders.

[ekuuleus] 16/3/2020 11:52

for today, I'm hoping for a little bounce after wall street opens, but I'm finding today a hard one to call.

[ekuuleus] 16/3/2020 11:51

down even more than the oil majors so that should tell you something.

[ekuuleus] 16/3/2020 11:51

gaffer. There is massive financial risk. Huge corporate lending. Carillion by itself knocked the wind out of Lloyds profits.

Then there is insurance risk. Lots of companies have business interruption insurance. Boing already got paid $500M for it's MAX issue.

just saying, not simple. Banks are well down for a reason.

[k38] 16/3/2020 11:46

My views, what's yours...With the first good news expect the first jump to be up to 42p, 48p and 52p .For now back to reality... if continue like this the next low (at worse case scenario) is going to be 21p..At the moment the share will resist the low of 32p till the next BBC negative news..

[spcecks] 16/3/2020 11:44

I don't know anyone who is not still working and carrying on as usual way overdone.

[gaffer73] 16/3/2020 11:42

Lloyds does not have a liquidity problem. The new laws brought in after 2008 ensure that along with all the other banks.

[alphorn] 16/3/2020 11:40

Behave yourself Fangorn.

Too many touchy posters here now.

Long gone are the days here when we all tried to help each other. For that today you need to go to other threads.

[matchupitchu] 16/3/2020 11:40

I think we will agree to disagree, which is all good ! IMHO I think this will be worse than 2008...

[alphorn] 16/3/2020 11:37

k38 - I am actually thinking whether I need more than one of max's cars? equities are a game; forex is the name.

[k38] 16/3/2020 11:35

AlpI hope my advice post to you will not effect our relationship. I still love you. Lol....

[mitchy] 16/3/2020 11:32

We may see another historical black Monday at tbe end of today BUT then that would be the bottom.
We are not at war.
Governments will be breaking all the rules and throw everything at producing a vaccine if the worlds economy is at stake. Because if the world monetary system goes into melt down a virus that mainly afflicts the old and sickly would the least of our concerns.

[adyfc] 16/3/2020 11:30

There is a massive liquidity problem right now. Go and look for yourself in the repo market. This is unprecedented.Only direct intervention with stock buying from the fed will sort this out and that will require new laws. Get ready for a whipsaw if that happens.

[gaffer73] 16/3/2020 11:29

These opportunities don't come up very often and people should take advantage. I can guarantee the big boys will be.

[k38] 16/3/2020 11:29

AlpAnother childish post from you... you getting worse than M2By the way M2 for your info has improve lately. Try harder pls.

[alphorn] 16/3/2020 11:28

If the government uses funds to support the banks then there won't be funds for other projects. QED.