Lloyds Banking Share Discussion Threads

[buywell3] 23/7/2020 21:02

At talking heads

And reading tele-prompters

20p

[maxk] 23/7/2020 20:42

I thought the government were experts?

[alphorn] 23/7/2020 20:02

The International Trade Secretary defended seven-year gagging clauses for experts advising the government on its negotiations.

No surprise there - that is the estimated time for the negotiations. Lol

[davius] 23/7/2020 19:15

Doubt this will make much difference...

CREDIT SUISSE RAISES LLOYDS BANKING TO 'OUTPERFORM' ('NEUTRAL') - PRICE TARGET 40 PENCE

[geckotheglorious] 23/7/2020 18:01

Better yet nondeplume, abolish twitter..
It's partisan bias. And censored for such as well

[portside1] 23/7/2020 18:00

They did not take much stopping , but the directors lost nothing Their were rewarded more free shares

[nomdeplume] 23/7/2020 17:42

There is a lot to be said for Twitter's 140 character limit. Abolish verbal diarrhoea.

[mikemichael2] 23/7/2020 17:34

Late night for me, can't wait !!!!

[poikka] 23/7/2020 17:28

Liz Truss, my opinion of her improving.

"We are commencing round three of the talks next week and we are making good progress," Ms Truss told peers.

"But we are very clear that we are not going to sacrifice a good deal for speed.

"We have expert negotiators who are tabling UK-specific texts across the whole agreement to ensure that it reflects our interests.

"We are not just going to accept photocopies of the US-Mexico-Canada agreement.

"We are also not going to budge from our red lines: the NHS remains off the table, our food standards must not be undermined and British farming must benefit from the deal.

"We also want to make sure that every region and nation of the UK benefits from the deal."

The International Trade Secretary defended seven-year gagging clauses for experts advising the government on its negotiations.

The non-disclosure agreements are aimed at protecting sensitive information about the UK's negotiating position.

"I do not want future trade partners of the UK to be having access to that level of information," she said.

It was a practice followed in other countries and "is on really specific commercial aspects of the negotiation".

[mr.elbee] 23/7/2020 16:49

very well said..your comments might stop a few delicate souls from bailing out

[cobourg1] 23/7/2020 16:30

As I remember the bank regulator asked the banks to forgo paying dividends and bonuses for the rest of the year in the National Interest to help the economy recover. Had they not done so voluntarily they would have been forced to I imagine.

Because the economy could be in turmoil at the end of the year due to Brexit and other factors, paying dividends whilst trying to collect bounce back loans, dealing with mortgage arrears, etc, may not go down too well with the government even then. At this stage we just don't know. Could be well into 2021 before we see any dividends. I am hoping that something will be said next Thursday but it may still be too early.

I doubt that the provisions for bad debts will be as great as the market is apparently pricing in either. A lot of the loans have the government standing behind them and Lloyds is in the fortunate position of being the UK's largest mortgage provider. If a lot of people are in trouble due to "An act of God" and government policy, that same government simply can't stand by whilst a large number of its citizens are thrown out on the streets. So more government backup in one form or another is possible IMO. I think the banks will be asked to go easy on repossessions at the very least.

As soon as the market gets a real handle on the situation at Lloyds (next Thursday?) there could be something of a re-rate.

The share price looks grim at the moment but nothing lasts forever. Dividends or not, as I see it, Lloyds should be at least 35-40p on assets alone, never mind dividends, earnings or growth prospects. The share price looks as though Lloyds is going bust, but it is very definitely not going bust.

[utyinv] 23/7/2020 16:20

Cobough1

Post 948: So what was the point you were making about Lloyds Bank?

Isn’t dividend policy, or the lack of it relevant?

As for your comment about people who want to make off topic comments....???? Hardly, as an investor I am only interested in seeing a return from having a stake in this bank. If you look at my history, I only post comments here on issues that could have an effect on Lloyds. As I have done for years 😉

[portside1] 23/7/2020 15:39

It is truly amazing that this useless dud of a ceo a fraud Is going to walk away taken 56 million in pay plus perks and a massive pension pot For destroying the bank given it a terrible name Customers and pulled out of this bank for this very reason Private holders have no say ,

[cheshire pete] 23/7/2020 15:34

As one of the 'no deal nutters' good to see the talks with Barnier in stalemate.

Remember, leaving with a deal = REMAIN.

[poikka] 23/7/2020 15:16

"And yet Sheerman MP says we should hold another referendum. Ah, well."

Thing is, Barry Sheerman, we ceased to be a member of the EU nearly 6 months ago.

[maxk] 23/7/2020 15:07

They aint got no fish to ban us from...

[poikka] 23/7/2020 15:03

"Speaking at a press conference in London as Frost's statement was released, Barnier said the UK's position on fisheries is "simply unacceptable".

He said: "On fisheries, the UK is effectively seeking for near-total exclusion of fishing vessels from the UK's water."

No probs, Michel, just ban us from fishing in EU waters. Can't see the problem, meself.

[grahamite2] 23/7/2020 14:43

It's good to see Barnier on telly. It reminds everyone how wise they were to vote to leave.