Lloyds Banking Share Discussion Threads

[diku] 30/3/2020 22:52

Chinese are always involved in big infrastructure builds in Africa...but are they actually settling there?...

[jl5006] 30/3/2020 22:49

freddie
so what
Chinese are surely not responsible for the respiratory defects of aged italians.
Think we have many more from Asia.
have they taken over?

[jl5006] 30/3/2020 22:43

ianw
You invest for the income - so many local authority funds rely on that income for pensions.
If the thought continues you will have nil pensions.
From the state also!

[jl5006] 30/3/2020 22:40

book
Socialism is the answer
how has that ever worked.
Nowadays that means u get SFA
sure u will be happy - not invested EH!!

[diku] 30/3/2020 22:39

To pay for bonuses...

[ianood] 30/3/2020 22:35

If a Co doesn't pay a divi it still has control of that cash which stays within the Co. Net result is that the share price goes up because there is more money within the business.

[jl5006] 30/3/2020 22:35

joking
Why would u ?????????????

[joe king1] 30/3/2020 22:24

I might buy some lloy shares at 9p

[extrovert] 30/3/2020 22:23

And in Australia.

[wllmherk] 30/3/2020 22:23

Couldn't agree more BB

wllm

[hhhold2] 30/3/2020 22:10

Death cross, Lloyd's exposed to the car loans market which is going to get ugly, bull trap ahead,sorry but i can see this going to single figures almost.

[jl5006] 30/3/2020 22:07

yes smarty 386

yes

Did we all not grasp that a while back?

[smartypants] 30/3/2020 22:07

Friday night USA just tipped over the 100,000 cases..tonight 160.000!
UK had 11,000 tonight 22,000
Where is the good news...20,000 dead..100,000 to 200,000 in USA

[dojiwankenobi] 30/3/2020 22:01

Coronavirus: Taxpayers forego £600m from RBS payout

hxxps://news.sky.com/story/coronavirus-taxpayers-forego-600m-from-rbs-payout-11965984

Doji Wan Kenobi

[milliecusto] 30/3/2020 21:51

Great post, couldn't have done better

[smartypants] 30/3/2020 21:45

Its a strange read on here of late
Its a strange read here any time in your alternative universe, but..
It seems that you all know the "numbers" and you are all saying them out loud
You are just not doing the sums...don't you believe what you are saying yourself?
DOW up +3%..because Microsoft says there is a 70% increase in people using skype???
USA in lock down for at least another month.
Lets keep it UK simple..
Those who still have a job and are not working get 80% of wage..that's a 20% cut
Companies/producers just lost a months worth of production (they still have to pay all holiday pay going forward, did they borrow money to stay afloat..got to pay that back?
All the bar restaurant staff that are out of work and are now stacking beans at Tesco..great career move..how is that going to work out when things go back to "normal"..supermarkets were already cutting staff
How many people now have the financial confidence to buy..lease that new car
Who is going to take out a new loan on a 20% pay cut..who is now going to use the bulk of there savings for a new house purchase, when they have been living off their savings for the last 2..3..6 months
Mortgage holidays for 3 months..so where is the banks income coming from for one quarter of the year..yes people have to catch up their payments after the "holiday" term..are they going to book holidays,,lower pay, less savings..no jobs
Air lines grounded, flight crew ground staff..taxi drivers..fuel..food..all take a hit
Do so sums..you can all see the number..the div is irrelevant..if you were already dependent on it to support your pension income, sorry but you were and are already screwed
Get real

[stonedyou] 30/3/2020 21:31

Oh dear!!!!!!!!!!!!!!!!!!!!!!



Coronavirus: Taxpayers forego £600m from RBS payout


The Treasury will miss out on a £600m windfall when RBS cancels its 2019 dividend, Sky News can reveal.


UK taxpayers are to forfeit more than £600m from the cancellation of bank dividends as regulators instruct Britain's biggest lenders to conserve capital amid the coronavirus crisis.

Sky News can reveal that Royal Bank of Scotland's move to stop a £968m full-year dividend payment for 2019, which was due to be made in the coming weeks, will leave the Treasury £600m poorer.




The government's 62% stake in RBS means it would have received the sum if the payout had gone ahead.

It will also forego taxes associated with the payment of the chunk of the £7.5bn that was due to be handed to UK taxpayers.

Banking sources expect the Prudential Regulation Authority (PRA), the banking watchdog, to announce on Tuesday evening or Wednesday morning that Barclays, HSBC, Lloyds Banking Group and RBS will no longer pay the dividends announced alongside their full-year results.



Excluding HSBC, which is by far the largest dividend-payer with a $4.2bn cheque but which is less UK-focused than its peers, the move will preserve roughly £4bn of capital - which could translate into £40bn of lending into the UK economy as the COVID-19 pandemic deepens.






The Financial Times reported earlier that there was a growing expectation of the dividend cancellation.

[dojiwankenobi] 30/3/2020 21:24

joe, yes sub 20pennies very quickly....
they will probably release the RNS sometime tomorrow...

Doji Wan Kenobi