Lloyds Banking Share Discussion Threads

[cheshire pete] 22/7/2020 17:30

Alphorn: #746 "There will be as many EU, US and Chinese entities holding whatever UK rights and properties that they may wish to buy. You are in some dreamland if you believe otherwise."

Dress it up as you wish, the point is we will be in control of what happens in our waters. If we want to do deals that allow others to fish then we can but on our terms and not the EU's, which have all but ruined our fishing industry.

[polar fox] 22/7/2020 16:36

Are you a stand-up comedian in the evening?

In reality, everyone gave up on repayment years ago - the gov't has been left to realize what it can from its holding in the years ahead and the huge loss will eventually be spirited away in some dusty ledger, to the cost of the country and future generations. I think that sums it up.

[careful] 22/7/2020 16:25

The question the Scottish Nationalist face is whether life away from the UK will be any better than life as part of the UK, despite its problems.

Same as the decision the UK made with Brexit.

That famous WWI cartoon;
'If you can find a better hole then go to it'

[careful] 22/7/2020 16:20

The single currency makes it difficult to walk away from the EU.
Can you imagine the economic chaos of starting out with a new currency?

Nicola Sturgeon and those wanting Scottish independence will find the currency problem very difficult overcome.

And how much of the UK national debt will they inherit?

[xxxxxy] 22/7/2020 16:04

The EUSSR is no longer just BAD, it is DEPRESSING....Balraj Sanghera 22 Jul 2020 3:30PMMarkets are good at pricing risk. Mutualising debt then giving away large amounts in grants w/o reform sounds ludicrous and difficult to price.It sounds like being in a relationship where one of you is lousy with money and fritters it away. You take a loan and continue to give some to your partner without education or help. It will end in tears!Eventually you will both be affected and have to make sacrifices to pay it off.It's better we are not part of it .However it could be a good way to make it too expensive for future countries to walk away from the EU projectDaily Telegraph

[careful] 22/7/2020 15:40

I fear that Boris Johnson could be the worst and most disastrous PM in recent history.
And I voted for him.

Although Starmer looks like a potential prime minister the Labour Party has an all powerful 500,000 looney left membership with the power to de select and decide policy.

On the other side we have about 180,000 Tory party members with similar powers.
They think that Britain is still all powerful as in Victorian Times.

Worrying.

[optomistic] 22/7/2020 15:37

RBS...now that they are not the RBS anymore does that mean they won't have to repay the government the money as Lloyds did ;-)

[careful] 22/7/2020 15:31

All this talk about WTO. after a no deal Brexit.

America founded the WTO but now Trump says the USA is leaving the WTO as America is not being treated fairly.
Some say the demise of WTO could cause a serious collapse in global trade.

I cannot understand the Boris Johnson strategy here.
He seems to be in very close contact with Trump on most issues.
What are they up to, and what happens post no deal Brexit?

Are we bout to rely on WTO as America leaves it?

[minerve 2] 22/7/2020 15:29

Starmer to good for Boris at PQ.

[utyinv] 22/7/2020 15:23

New Chairman Budenberg was awarded a CBE in 2015 “ For services to the taxpayers and the economy “.

Does this chap have the right credentials?

[minerve 2] 22/7/2020 15:22

Boris has no intention of a deal.

[minerve 2] 22/7/2020 15:20

Benefits of a Buffett education!

LOL

[careful] 22/7/2020 15:20

Alphorn.

Some compromise will be found.
So much talk about simple issues that most of us could settle in a week.
Most of the time both sides are trying to appeal to their supporters.

All of that EU. huffing and puffing last week,
It was obvious a deal would be reached.

Business will find a way of operating.
Ways round rules and tariffs will be found.

[minerve 2] 22/7/2020 15:19

I have a portfolio that is yielding 9% a year in dividends, the yield is much higher for ‘owner earnings’ and my risk of long-term capital losses is very low because intrinsic value of owned stocks is much much higher than average buy in. I’m mostly invested rather than cash so returns are compounding.

[polar fox] 22/7/2020 15:19

RBS has officially changed its name today, to NatWest Group. There's an RNS this afternoon, with all the detail.

[polar fox] 22/7/2020 14:53

RBS is now NatWest Group. There is an RNS this afternoon, giving the detail.

[portside1] 22/7/2020 14:46

How much golden hello in shares is the dud going to be given

[alphorn] 22/7/2020 14:38

"So who will have the legal authority to rule on disputes.
They say the EU.
We say London".


The answer is international law as it is today and will be tomorrow and the next day.

[careful] 22/7/2020 14:35

There is always someone worse off.

Just checking the performance of Crispin Odey Hedge Fund.
He lost 10% last year when the market was up 12%.

To get back the losses over the last 5 years investors would need to make 111%.
And he charges high fees for making his leveraged bets with clients money.

[xxxxxy] 22/7/2020 14:31

Sue Norminton22 Jul 2020 12:05PMI disagree that Boris has so much to gain from a deal, if that deal leaves the EU's hooks in us.Far better for him and the UK to leave cleanly, and then build up a relationship of sovereign equals slowly, as the EU comes to terms with their loss.Trudi Brown22 Jul 2020 12:29PM@Sue Norminton Agree with you Sue. At least as far as Brexit voters go, Boris is better off going WTO. Remainers won't vote Conservative anyway, the Lib Dems have hoovered them up, so their feelings on a deal are of little consequence.I'm a bit mystified by the author's assertion that we need a UK / European consensus on dealing with China and Russia though. We'll deal with them how we see fit, as will the EU, the US and the rest of the world. I don't see why we have to wait to move as one on the issue of rogue states.

[careful] 22/7/2020 14:27

Stock market is dead.
Very low volumes.

I am mostly cash, I do not wish to sell anything or buy anything.

Still at over 6200 FTSE100.
we hit 3500 in march 2003 and again in Mar 2009.

The next 12 months will give us direction.

[poikka] 22/7/2020 13:53

Can you just imagine how crooks throughout the EU are rubbing their hands in glee as they figure out how to make hay out of all those billions of Euros coming their way.

Not to mention some governments...