Lloyds Banking Share Discussion Threads

[bibdaddy] 10/8/2020 09:46

No they're not- most schools ran a rota system but when a teacher wasn't in they were working from home- this included zoom lessons, planning, answering child and parent queries either by zoom or email, battling with risk assessments if you were a teacher with leadership responsibilities- or organising recovery curriculums for the huge gaps that children are going to have to deal with in September- some teachers also had to get involved with SEN issues such as dealing with police, social workers and educational psychologists by Skype. End of year reports needed writing for their work up to March and some schools even asked teachers to deliver them as they cannot afford postage.

[hamhamham1] 10/8/2020 09:38

Its profits went down last year because it set aside extra for tail end of PPI.
But 4bn or 5bn a year profit, I can handle the difference. They were both up on the previous years.

[utrickytrees] 10/8/2020 09:38

I was of the impression that schools were closed to about 90% of pupils surely 100% of teachers arent required for 10% of pupils?

[utrickytrees] 10/8/2020 09:35

I was of the impression that schools were closed to about 90% of pupils surely 100% of teachers arent required for 10% of pupils?

[mitchy] 10/8/2020 09:35

So it's profits are going down then ? Yep, story checks out.

[hamhamham1] 10/8/2020 09:31

They made 4bn last year, 5bn the year before, and that's with putting aside billions for PPI.
PPI is at an end, even if those additional claims were valid and settled, The Times says it's under 1bn.
You really have it in for Lloyds, why?
You not posting on NWG,BARC, etc. Just here, they must have really hurt you bad?
A broad and balanced portfolio will save you next time. Good luck.

[alexgc] 10/8/2020 09:30

I saw this over the weekend, you have to ask why the secrecy in housing the migrants. The one interview, with the interpreter guy, doesn't say much for his joy of the UK, more that the USA and UK bombed his country so he decided to come over here.

[grahamite2] 10/8/2020 09:26

What bibdaddy has told us is most interesting. It shows that headlines like today's week on week off cannot be taken at face value and it is all smoke and mirrors.

[mitchy] 10/8/2020 09:21

4B profit if there weren't 5B bad debts. Add to that a new wave of ppi s and you can kiss this stock along with most of the banking sector goodbye.

[bibdaddy] 10/8/2020 09:15

I'm not a teacher! I am educated to masters level and I'm not the one showing ignorance! You are wrong but not mature enough to put your hands up!

[hamhamham1] 10/8/2020 09:15

Local companies, for local people, might be a good call if global trade wars start.

[hamhamham1] 10/8/2020 09:00

Yeah, 4bn profit, what a dog, but certainly an investors best friend.
You are very bitter, lost money here or something?

And compare against the banking sector and whole market, this gives a better performance indicator.
If the whole market is down or up, inc Lloyds, that doesn't say much about the individual company.

[mitchy] 10/8/2020 08:56

And down she comes.....as usual. You can almost set your watch by it.

[maxk] 10/8/2020 08:54

You are a teacher .. educate yourself.

[bibdaddy] 10/8/2020 08:52

How can it be sophistry when it's fact!

[mitchy] 10/8/2020 08:52

If lloy had a dog as a mascot instead of a rampant black stallion it would be more honest.

[maxk] 10/8/2020 08:49

Sophistry!

[grahamite2] 10/8/2020 08:48

I have the strong impression bibdaddy knows what he's talking about as to the legal technicalities. Presumably the contract is for 39 weeks' work, paid 1/12 every month.

[bibdaddy] 10/8/2020 08:44

Most teachers worked all the way through lockdown when looking after key worker and vulnerable children. Not all children were in due to social distancing issues ( based upon scientific advise given to the government) but nearly all schools were open.

[bibdaddy] 10/8/2020 08:42

They get paid for 39 weeks but actually receive their money over 52 weeks. So far from being fiction it's an absolute fact- For example- teacher contract is 32.5 hours a week ( they work longer) at pay of say £30 per hour - weekly pay of £975 per week x 39 weeks = £38025 they then get this paid over 52 weeks in twelve monthly pay slips but paid for 39 weeks!

[hamhamham1] 10/8/2020 08:34

Well posting that these were going to tank this morning, was very far from that happened.

[maxk] 10/8/2020 08:34

"teachers have a 39 week contract"


Not sure how you arrive at that fiction when they get paid for 52 weeks.

[utrickytrees] 10/8/2020 08:31

Bibdaddy, you need to get your facts right! the post which seems to have caused offence can be taken in a couple of ways. If your defensive about the teaching profession you will assume that I'm being disparaging about the whole profession BUT it's also true that it's just the lefty leadswinging ones I could have been disparaging about.
Dress it up how you want wild horses wouldn't have dragged teachers back till September.