Lloyds Banking Share Discussion Threads

[maxk] 21/5/2020 20:31

It's the love of free speech stoned. Plus the obvious bon ami of the inmates.

[redartbmud] 21/5/2020 20:19

PS Not our fault you aren't getting a dividend, the Regulator and the Government forbade it. That money is needed to cover bad debts that have been created by over exhuberant application of the 'save the UK economy single handed' policy.

[aljm] 21/5/2020 20:05

two decent buys came through after close, something to do with the share alloactions for 'them' ? @76 mill total.

[redartbmud] 21/5/2020 20:03

Alp

freddie has got it right.
The message, from the board starts with "Because it's the right thing to do"

Cancel shareholder dividends.
Give:
Free ipads to customers over 70.
Free overdrafts of £500 to any customer.
Deferral of loan interest, mortgage interest, and other bits and pieces for 3 months.
Increase the company pension contributions for staff to 15%
Increased staff to make sure all loan requests are met immediately.
Guaranteed no redundancies or branch closures.
Increased minimum wage to £10 per hour.
Pay all staff, for ther duration, and they don't need to come to work.
2019 executive remuneration untouched, because it is part of the existing reward plan.
Executive basic pay is untouched, unlike other companies whose executives have surrendered part of salary because profits have been trashed.
The new Exec remuneration scheme is smoke and mirrors - No cash bonuses for 2020. but the scheme runs for 3 years, so that can be clawed back in execs favour, in years 2 & 3. Watch this space,
$1bn of loans paid out, on the first day of the scheme - how could any be vetted in 7 hours?
Still looking at gthe findings from the HBOS scandal of 10 years ago, when customers were mistreated - I feel PPI MarkII coming on.

Any surplus belongs to the shareholders, although it may not have been paid out. can be used for future dividends, and SHARE BUYBACKS. The latter doesn't replace the dividend that you never received.

Don't worry Santa Claus is the CEO.

[utrickytrees] 21/5/2020 19:50

Jacko on bonuses, while millions of Lloyd's investors have their dividends cancelled prospectively, management are not bound by the same restrictions. Were clearly not in this together!

[xxxxxy] 21/5/2020 19:38

Dividends. May be difficult at moment. Government paying lots if business cost at moment. One way or another. But really it is taxpayer s money. So would not look good and socially unacceptable to pay divs. Hopefully later when this Virus Problem is over divs paid plus some extra eventually. At moment it is a form of command economy. Should change when we are let out to play. My view only. Technically may be mixed up.

[alphorn] 21/5/2020 19:38

GtG - are you that bored? There must be clubs for people like you. Next you will ask for photos.

ROFLMAO.

[utrickytrees] 21/5/2020 19:37

Dont u bloody start DCB, weve had this conversation before! We dont care if you Paddys want to cosy up to your Catholic brethren in the EU....knock yourselves out, but it's not for us, we dont want to play with you anymore....its nothing personal its just that we dont want to be dictated to by haughty Catholic frogs.

[dead_cat_bounce] 21/5/2020 19:14

Tricky3, not sure how you got Catholics into the mix...

Have you skipped your medication?

[freddie01] 21/5/2020 19:04

Bank investors rebel over Lloyds' proposal for executive pay


More than a third of balloted shareholders reject plan over bonus concerns

[maxk] 21/5/2020 19:03

Worth a read, even by remainers




A UK – Japan trade deal has so much more potential than what the EU delivered
May 20, 2020
By Robert Bates



LIKE MANY THINGS that we have inherited from EU membership, the EU-Japan Economic Partnership Agreement is incongruous with Britain’s unique circumstances. It is an ill-fitting heirloom that we would be best to replace as soon as possible after the 31st December.

Ultimately, the EU-Japan EPA was a trade deal that came to be defined by the demands of European farmers, rather than the preferences of Cambridgeshire biotechnicians or of Mackem mechanics. The mission of the negotiator Mauro Petriccione was clear – to crack into the protectionist agricultural sector that Japan so jealously guards. To this end negotiating capital was spent as only a frivolous bureaucrat knows how to spend. British priorities barely got a look in.

[freddie01] 21/5/2020 19:01

Lloyds boss says bank can absorb coronavirus loan defaults

[alphorn] 21/5/2020 18:42

red - now listened to the webcast. Very technical and not much in plain English. In a nutshell they are not saying anything about the future 20/21, understandable. What did surprise me was the level of customer inflows in Q1 from both retail and commercial; I was not expecting that. That makes the lack of dividend even more questionable?

[xxxxxy] 21/5/2020 18:27

Pubs and restaurants could reopen now without risking public health, says Oxford scientistProfessor Sunetra Gupta says coronavirus epidemic 'on way out' and urges rapid exit from UK lockdownByBill Gardner21 May 2020 • 5:43pm?Pubs and restaurants could reopen tomorrow without posing the threat of a second wave of coronavirus, a leading Oxford scientist has suggested.Sunetra Gupta, a professor of Theoretical Epidemiology, said there was a "strong possibility" that the hospitality industry could get back to work without posing a danger to the public.In an interview, Prof Gupta called for a "rapid exit" from lockdown and said the coronavirus epidemic was already "on the way out". Much of the UK population may already have been exposed to the virus before the Government ordered people to stay at home, she added.In March, Prof Gupta and her team published a controversial study claiming coronavirus had been spreading for months, with up to half the UK population already exposed.However a separate analysis, produced by Professor Neil Ferguson at Imperial University, claimed the virus had not yet begun to spread and warned that 510,000 people could die if no action was taken. The Imperial study convinced ministers to introduce strict lockdown measures days later.Prof Gupta insisted during an interview with Unherd website that her original theory was correct and the UK had already developed a high level of "herd immunity" to coronavirus, adding that the fatality rate was likely to be in the region of only five people per 100,000 cases.htTps://www.telegraph.co.uk/news/2020/05/21/pubs-restaurants-could-reopen-now-without-risking-public-health/

[poikka] 21/5/2020 18:01

Watch the video - Nigel Farage on a fishing boat mid English Channel/Dover Straits filming migrants heading to UK and being picked up by Border Force. Boats being escorted by French naval vessels before being handed over to Border Force (that's a larf).

[geckotheglorious] 21/5/2020 17:59

Post 287
I'm not assuming anything.
I know you don't reside in UK. So why not take citizenship of where you and your loyalties clearly do lie.

As a Remainer you want to subjugate the UK to a foreign power.
You don't reside in the UK.

Am I incorrect on either count?

If not, why not take citizenship of where you and your loyalties do reside?

[mitchy] 21/5/2020 17:40

I'm inclined to agree with a 20p - 25p worst case scenario. The government will be looking to banks to help by eating some of the debt burden one way or another .Increased taxes and cut backs to come. We've still got to pay the EU shed loads either way. They even tried to reduce the premium bond prize fund.Pensions next.On a bright note the colours in our garden because of cleaner sky's reminds me of the early 60's .Good Luck.

[jl5006] 21/5/2020 17:31

If I dont pay my travel insurance fee - I get no help abroad.
why on earth should front line workers from abroad - and carers - how did they get in? Not pay the levy!!!!!!!!!!!!!!!! and expect and be granted treatment.
Must be Guardian lobbyists!