Lloyds Banking Share Discussion Threads

[poikka] 19/7/2020 18:40

Let's hope that it's just an 'announcement', and they forget about it. Don't want them wasting £100m like the BBC.

[xtomo] 19/7/2020 17:31

On top of all this we've an announcement that they're going to employ more BAME managers.. Just how is this going to help make us more money? Are they Super BAME??

[gaffer73] 19/7/2020 17:17

No chance Lloyd's will need an equity raise. They have plenty enough contingency for anything.

[xxxxxy] 19/7/2020 17:06

More than 250,000 High Street jobs could be axed as Britons shop online during coronavirus crisis - with experts warning Boots and John Lewis store closures are 'just the start'Daily Mail

[xxxxxy] 19/7/2020 17:04

About Boris & Co.Surrey Alan19 Jul 2020 12:41PM@Jonathan Castro Those of us who've been round the block a few times recognise inept management a mile off and this government just reeks of it. Whist a few might have made a pile in finance that's not the same as running a real business.

[diku] 19/7/2020 17:01

Just Hope you don't meet your perfect match...a drunk motorist...

[maxidi] 19/7/2020 15:33

Holland is the cycle capital of Europe but apparently there are problems with other road users even there. It seems this love/hate relationship is the world over.

[maxidi] 19/7/2020 15:26

Utrickytrees

I believe what you say about pensioners not driving in business hours; makes sense. I retired when I was 45 y.o. and free to travel to shops etc. between rush hour times. Why would anyone drive in rush hour if it's not necessary ?

[essentialinvestor] 19/7/2020 14:41

cobourg, is this likely? - your guess is as good as mine.

Lloyds had approx 5.5 Billion shares in issue in 1999.
Not far off 71 billion shares now

I'm referencing it as a potential risk factor when looking at book value per share.

[diku] 19/7/2020 14:35

Post 10865...talking of net asset value per share...below from the horses mouth...it is 50.8p...






At 31 Dec At 31 Dec Change
2019 2018 %

Capital build(1) 86bp 210bp (124)bp
Pro forma CET1 ratio(2) 13.8% 13.9% (0.1)pp
CET1 ratio 13.6% 14.6% (1.0)pp
Pro forma transitional total capital ratio(2) 21.5% 23.1% (1.6)pp
Pro forma transitional MREL ratio(2) 32.6% 32.6% -
Pro forma UK leverage ratio(2) 5.2% 5.6% (0.4)pp
Pro forma risk-weighted assets(2) GBP203bn GBP206bn (1)

Shareholders' equity GBP42bn GBP43bn (4)
Tangible net assets per share 50.8p 53.0p (2.2)p

[grahamite2] 19/7/2020 14:27

There's all sorts of unsuitable traffic on the roads. There's good reason trams were abolished in the 50s - they are inconsistent with modern traffic volumes.

The worst I encountered was on the A1 I think, going along at the sort of speed you do, when lo and behold, there in front of me was old man Steptoe in a horse and cart.

This was not far from some of those huge roundabouts you get in Hertfordshire which people go through at 50 or 60. People who cycle through those must truly be certifiable - violent death is inches away at any time.

[mikemichael2] 19/7/2020 14:19

I use the EMPTY pavements min.

[minerve 2] 19/7/2020 14:16

"Respectable cyclists like mikemichael are another matter, but even they can cause problems, for instance holding up a whole line of traffic while labouring up a hill."

Guffaw guffaw

[grahamite2] 19/7/2020 14:00

What the lycra type cyclists need is a bit of discipline from an articulated lorry. Sometimes they get it, too, legs and hips crushed to atoms. The thing is, they are so self absorbed, so thoughtless of anyone and anything else around them, that it's pot luck whether they encounter someone they'll hurt or someone who will hurt them.

Respectable cyclists like mikemichael are another matter, but even they can cause problems, for instance holding up a whole line of traffic while labouring up a hill.

[portside1] 19/7/2020 13:57

Get all private holders together and sue the ceo and chairman for giving out lies ,for free hand outs for failure

[mikemichael2] 19/7/2020 13:57

Must admit Utrick, i won't be nasty. I wish i lived by the sea, i think i could get into a bit of sea fishing, the eating type.

[cobourg1] 19/7/2020 13:52

"If they need to issue more shares to raise additional capital."

Is this likely? I assume that any substantial amount of new shares would be have to be issued at a discount to get them away, either as a rights issue or an offer to the institutions. I would have thought that this would look like a policy of desperation given the depressed share price and would not be well received by the financial markets.

I look forward to some clarification of the bank's current and forward financial situation on the 30th of July.

[essentialinvestor] 19/7/2020 13:09

ACTION, take your point, however the primary risk looks
IF they need to issue more shares to raise additional capital.

Equity dilution during the GFC caused deep damage.

Book value would be expected to take a hit during a serious recession,
although there is significant margin between the current share price and last reported book value.

If there is equity dilution that's a completely different story.

[utrickytrees] 19/7/2020 12:54

even Alps getting stuck in lol.