Lloyds Banking Share Discussion Threads

[essentialinvestor] 31/3/2020 20:25

Once HMG used the term national crisis, the divi was likely gone imv.

Shareholders are effectively helping to subsidise the bailouts.

Then without huge government intervention, the outlook for UK Plc would arguably be
beyond bleak.

[jl5006] 31/3/2020 20:24

If BOE is telling Coys how to manage their businesses - that is OOO -
If there were no investors - there would be no banks - no businesses.
may be the media is driving this - with the guardianistas - all so poorly paid!
The BOE just like the CBI and the other lot could not run a p up in brewery. This is very serious.
Folly is rising to the surface - cant walk in Richmond Park unless u are NHS - so says PC plod.

[neilyb675] 31/3/2020 20:18

501 sky news

[xxxxxy] 31/3/2020 20:17

Only one in 100 deaths in England and Wales linked to coronavirus as outbreak took hold, figures revealData from Office for National Statistics suggests death toll in first weeks was a quarter higher than has been reportedDaily Telegraph

[gaffer73] 31/3/2020 20:14

I'm fine with them delaying the 2020 divi until October but absolutely no way should they delay the final.

[jl5006] 31/3/2020 20:12

Should bank divs be curtailed the cost to every pension fund would be enormous.
IMO this would just be the end of pensions as they are - defined benefit schemes would need huge employee and employer contributions increases.
LAs would have to hike C Tax by 10% just to cover pension liabilities.
There used to be a saying - dont rob Peter to pay Paul.
Is the world just a dog in the manger - those that invested have to suffer whilst those that did little to help themselves want more benefits and increased food bank handouts for their several offspring.

[mr.elbee] 31/3/2020 20:01

and who runs the Bof E?

Why it is our friendly anti bank FCA Chairman Andrew Bailey..What a surprise.

[mr.elbee] 31/3/2020 19:59

So it is OK to keep pensioners going by getting them to claim PPI fraudulently...but not through honest saved and invested stocks yielding divis.

Bailey was the problem at the FCA AND STILL IS.

[dojiwankenobi] 31/3/2020 19:36

UK’s biggest lenders set to halt dividends after BoE warning


The UK’s largest lenders are preparing to call a halt to dividends after the Bank of England warned them against paying out billions of pounds while the coronavirus pandemic drives millions out of work and small businesses into bankruptcy. In a series of statements expected as soon as Tuesday evening, banks will say they intend to stop dividend payments, in a move that will provide a greater cushion against potential coronavirus-induced losses, but disappoint some shareholders.




Doji Wan Kenobi

[dojiwankenobi] 31/3/2020 19:34

UK’s biggest lenders set to halt dividends after BoE warning


The UK’s largest lenders are preparing to call a halt to dividends after the Bank of England warned them against paying out billions of pounds while the coronavirus pandemic drives millions out of work and small businesses into bankruptcy. In a series of statements expected as soon as Tuesday evening, banks will say they intend to stop dividend payments, in a move that will provide a greater cushion against potential coronavirus-induced losses, but disappoint some shareholders.




Doji Wan Kenobi

[equalibrium] 31/3/2020 19:17

If Lloyds announces a delay with the divi with the possibly of it being cancelled should things go extremely bad - i would be ok with this as I think it will eventually be paid in October once things are looking better - hopefully

[patientcapital] 31/3/2020 18:58

Illustrates the importance of buying food with provenance. It remains crucial today. Our cattle and sheep eat grass/hay/haylage depending on the time of year. It is what they have evolved to do. Hardly rocket science. They have access to mineral blocks and buckets to enable intake of trace elements, minerals and vitamins. That's it.It need not be classed as expensive either. Buying in bulk circa 20kg, relatively speaking, works out quite comparable to a range of supermarket prices. I've worked it out for various scenarios and the premium our beef and lamb commands is not excessive. Customers need a couple of decent sized freezer shelves but that isn't asking much. Smaller boxes fit into one so the less extravagant can afford our offering as well.Know what you are eating, where it comes from and how it is produced.Chilli con carne beckons :)

[utrickytrees] 31/3/2020 18:55

Starting with Scotland CtR.

[crossing_the_rubicon] 31/3/2020 18:49

"k3831 Mar '20 - 15:13 - 298628 of 298652
Russians to the rescue..
Russia sends a plane of medicines to help Americans to cope with the virus YET when this is over that will not be enough to blame them for everything..."


Cue Democrats with their drivel...Trump is a Russian mole blah blah blah

[crossing_the_rubicon] 31/3/2020 18:49

"Utrickytrees31 Mar '20 - 14:00 - 298617 of 298652
M2, the UK has one of the most generous foreign aid budgets"

I'd cut that to zero tomorrow

[alphorn] 31/3/2020 18:35

extrovert - the US has Chapter 11 which is ruthless. Not in other cultures at all.

[daddy warbucks] 31/3/2020 18:19

There is a slight possibility the money from any deferred dividend could be used to pay for these open offers. If so, it is only strengthening the banks financial position.

[utrickytrees] 31/3/2020 18:18

Just challenging your 'fuzzy logic' M2, you see your argument for unfettered low skilled migration ultimately leads to corner shops selling out of date food and low end cost conscious burger joints.

[alphorn] 31/3/2020 18:17

ian, I am sure that you are right but there are likely to be political pressures coming from the Chancellor.

[extrovert] 31/3/2020 18:10

US Analysts slashing UK and European Bank earnings, not saying much about US Banks.
Our special friends will make sure they buy at the bottom. Goldman Group are the no1 crooks for slagging off UK banks hoping to get their challenger bank more trade.

[utrickytrees] 31/3/2020 17:52

It was a totally different illness M2, with different timeframes. I'm sure things would have been very different if people dropped dead afrer 2 weeks post dipping into a dodgy burger from Kabul Kebabs.

[ianood] 31/3/2020 17:43

The current tender open offers that are in place are not exactly the actions of a cash strapped bank! More the signs of an proactive entity that's fine tuning it's own treasury cost base.