Lloyds Banking Share Discussion Threads

[aljm] 30/3/2020 10:58

still thinking this might try sub 32p , will grab more if it does

[mitchy] 30/3/2020 10:56

Ftse 250 down 3% which is probably a more accurate picture than what the 100 is giving us.

[purplepanther] 30/3/2020 10:50

Feels like writing is on the wall now for Lloyds - no dividend, higher loan losses, higher corporate tax rates when we get to an end of this mess and the BoE left with no option but to build in one hundred year event pandemics into their risk models requiring higher capital ratios from all banks. Not a pretty picture but how much is already in the price ?

[mitchy] 30/3/2020 10:49

I've got another bullet now. Just a question of when to fire it. Wherever the share price goes from here I'll be waiting for some good news. New cases are now starting to slow but ,of course , death rates will continue to rise for a week or two. That's some good news butwe still need to hear of an effective treatment in the short term.

[ignoble] 30/3/2020 10:44

Wise words...

[mwainw1973] 30/3/2020 10:41

Agreed it's a massive reaction with much wider implications that will prove with time to be far worse we need to move now to a targeted response testing based

[mitchy] 30/3/2020 10:39

Can't believe the ftse is almost flat.

[aljm] 30/3/2020 10:39

wow, busy BB's anything worth reading in them ?

[crossing_the_rubicon] 30/3/2020 10:39

"diku28 Mar '20 - 08:26 - 298342 of 298499
A third of this summer's food harvest could go to waste on British farms because of a chronic shortage of migrant labour caused by the coronavirus outbreak, charities and farmers are warning.

UK farms and food producers rely on a migrant workforce of 60,000 to 70,000 seasonal labourers mainly drawn from eastern European countries including Romania, Bulgaria and Poland"


A problem easily solved.
Plenty of people in UK out of work - plenty in UK want to help British farmers get their produce to market.

Give them a mask,some nitrile gloves, let them go pick in the fields.
Job done

[polar fox] 30/3/2020 10:39

Cummings has the virus - isolating - BBC.

[ignoble] 30/3/2020 10:38

Lol Mr Blair
Stating the bleedin' obvious and getting paid for it, no doubt

[minerve 2] 30/3/2020 10:37

Now we have fancy dress postmen?

Honestly, this country is FULL of bozos!

[poikka] 30/3/2020 10:36

Nice run, maxidi, very nice. I stuck with it through to retirement, but it really went downhill after the 80s. It certainly wasn't suitable for a married life, though.

[poikka] 30/3/2020 10:33

"Tony Blair thinks the Jeremy Corbyn experiment is over"

Good ol' Tony, right up with events..

[careful] 30/3/2020 10:33

This lockdown will be phased out quite quickly.

Already there are sensible debates about the adverse health effects and the reduction in life expectancy caused by a depression, unemployment and financial ruin.
This must be set against the effects of the virus.

[poikka] 30/3/2020 10:31

"The banking sector .SX7P tumbled another 2.5%, bringing its monthly losses to more than 28%, with UniCredit (CRDI.MI), ING (INGA.AS) and ABN Amro (ABNd.AS) among the first set of lenders to comply with the ECB’s appeal to freeze dividends in a bid to shore up credit."

I struggle with the advice/appeal from the ECB: with LLOY lending some £440bn last year, the £2.2bn divi is hardly going to make much difference - or do I misunderstand?

[smartie6] 30/3/2020 10:12

How are the government providing this support? Mmmmmmmmm.