Lloyds Banking Share Discussion Threads

[adyfc] 02/4/2020 08:12

Great long term hold, yeah that's what everyone said 11 years ago and it was 47p then. rotfl.

[smartie6] 02/4/2020 08:10

28.27p low after costs 28.74. Multiple of 3 86.22p.
What a return that would be in 2years.

[wall street trader] 02/4/2020 08:08

let's hope not but once dividends are restored and if you reinvest then this will be a great long term hold from here - will certainly be holding myself fro here in my pension pot and have purchased yesterday and today my required amount

[bargainbob] 02/4/2020 08:04

Tygarreg

Fair summary i think , idiots in charge.

[2vdm] 02/4/2020 08:00

That's what I thought at 36p! Doh! Still where will we be in 12 months?

[tygarreg] 02/4/2020 07:59

Bargain Bob, straight out of the momentum fuelled lefty propaganda machine.

[oakville] 02/4/2020 07:58

My son is 23. Will Lloyds be 25p in 10-20-30 years?

[oakville] 02/4/2020 07:57

Once in a generation time to buy?

[wall street trader] 02/4/2020 07:54

agreed Lloyd's and top banks should be a good longer term hold and dividends will be restored at some stage - probably a once in a generation opportunity at these prices

[smartie6] 02/4/2020 07:52

Patience guys.
As pressure grows as a result of bottlenecks to get cash to businesses the government will step in with direct lifelines. They’ve continued to advise no business will be allowed to fail on public health issues.
This will reduce the burden on banks and inevitably lead to lower defaults.
Banks will be significantly re-rated on recognition of capital held and balance sheets which will see share prices soar.
The cancellation of dividends will be forgotten.

[fatnacker] 02/4/2020 07:46

No offence Bob.

[fatnacker] 02/4/2020 07:43

Says bargainbob from behind his keyboard.

[xxxxxy] 02/4/2020 07:39

Helping small business and the self employedBy JOHNREDWOOD | Published: APRIL 2, 2020I am going to have another go at getting the government to speed up and widen the eligibility for its schemes of help for small businesses and the self employed. I am receiving numerous very worrying emails from people whose incomes have been stopped  who do not  qualify for assistance.The government needs to include owner Directors of small companies who rely on the income and maybe dividends of their business to pay their living costs.It needs to raise the earnings ceiling on the self employed schemeIt needs to include people who have set up businesses that is their sole means of financial support more recentlyIt needs to aim for an early payout, not sometime in June.It needs to offer downloadable simple forms now that permit people to apply for money on  a self certified basis, with adjustments made later in the year. These should be made through the tax system with the payments made as a kind of negative tax against claims based on  no incomeThe government also needs to speed up the applications and decisions on the furlough scheme for business. Otherwise more companies will conclude they have to  make people  redundant to  save costs.The commercial banks need to rethink their demands for detailed business plans and cashflow forecasts, and  for personal guarantees, for what is bridging finance for enterprises that have been forced in to temporary closure so producing no revenue. The interest rates charged should also be realistic compared to the commercial banks' very low financing costs with official rates around zero.

[xxxxxy] 02/4/2020 07:37

690Zimbabwe

[smartie6] 02/4/2020 07:27

Looking on the bright side.

Government will step in to once again support business. Lifelines will be provided as a result of bottlenecks. The government have already said no business will be allowed to go bust as a result of this epidemic.
Banks will hold significant capital and balance sheets will remain strong, minor default levels will occur, which will see significant improvement in ratings, which in turn will see Share prices soar.

The loss of dividends will be forgotten.

[ignoble] 02/4/2020 07:19

Does seem odd that the people advising us how not to get the virus, all have it
Boris, Minister for Health and various other Government Types...
Doesn't inspire confidence, lol

[alex1621] 02/4/2020 00:50

Andy Murray is never happy?

[k38] 02/4/2020 00:18

Or.. what about the banks use some of the 7.5 billion to pay off all NHS nurses and ambulance staff mortgages for risking their lifes for us day and night.

[malcolmmm] 01/4/2020 23:38

Inflation will rocket ,house prices will plummet which will be good for older people with no mortgages and rely on interest payments on capital, just like the old days lol