Lloyds Banking Share Discussion Threads

[essentialinvestor] 23/8/2020 21:36

Nearly 600 of those same NHS and Social Care staff gave their lives
fighting the virus.

[mitchy] 23/8/2020 21:11

The Doctors 'so called' didn't have a clue one how to treat covid 19.
Perhaps it's the fault of admin to change treatments but China didn't have any problem adjusting. I lay the 'fault' at the feet of the NHS staff either medical or admin.
Anyway vaccines are being produced at several places now and theyre apparently effective treatments. The poorer countries ,particularly India are going to have it tough but I hope we will be able to help them out as soon as we are sorted,of course.
Good Luck.

[xxxxxy] 23/8/2020 21:08

Peter Hitchens article in Daily mail, well worth a read.

[xxxxxy] 23/8/2020 21:07

matthuPosted August 23, 2020 at 1:05 pm | PermalinkPeter Hitchens writes that nearly a month after a last-minute announcement on July 25 smashed up tens of thousands of Spanish holidays, he asked the Health Department some simple questions:'How many of the UK travellers arriving from Spain after the introduction of the July 25 quarantine subsequently tested positive for Covid-19, how many of them were hospitalised, how many have recovered and (if applicable) how many died?'One would have assumed that if the risk to the public was sufficiently high that tens of thousands of holidays should be ruined by the government, they would be sufficiently concerned to follow up and test those who had returned in order to verify the effectiveness (or otherwise) of their emergency action.Well either the government is hiding the result, or they couldn't care one way or the other. (My guess is, they already knew the answer would never support the action they took, so they didn't bother looking.)

[utrickytrees] 23/8/2020 21:01

Get yourself an exotic cleaner JL5, some will let u use their knickers as a face mask if you tip them.

[xxxxxy] 23/8/2020 20:59

From FOOL, YAHOO Finance...Anyone who owns shares in Lloyds Banking Group (LSE: LLOY) has had a rough year. Lloyds' share price has fallen by more than 50% since the start of 2020. The coronavirus pandemic has triggered fears that banks could face a sharp rise in bad debt.The bank's business is totally focused on the UK, which is now officially in recession. We're all hoping the UK will bounce back quickly. But the reality is that we don't know how long it will take for economy to recover.However, given what we do know, I think there are good reasons to believe Lloyds shares are too cheap at current levels.#1: the bad news is in the priceIt's important to remember markets always look forward. I believe Lloyds shares are already priced for bad news. In its half-year results at the end of July, Lloyds warned investors it's planning for bad debts of around £5bn this year. That's nearly four times more than the £1.3bn reported for 2019.At this stage, Lloyds' bad debt numbers are only estimates. Things may turn out better than this. Recent data from estate agents and car dealership certainly suggest consumers are starting to spend again.However, my sums suggest that if Lloyds' central forecasts are correct, the bank's tangible net asset value would fall from 51.6p per share to around 44.5p per share. With the stock trading at just 28p as I write, I think that still leaves a healthy margin of safety for investors.#2: Lloyds is still one of the best performersLloyds also has another attraction, in my view. It's more profitable than UK-focused rivals such as NatWest Group (the new name for RBS). During the first half of the year, Lloyds generated a net interest margin - a measure of lending profitability - of 2.59%. The equivalent figure for NatWest Group was just 1.62%.One reason for this is that Lloyds' costs are lower. During the first half of the year, the bank's costs accounted for 55.2% of its income, compared to 62.8% at NatWest Group. Lloyds' lower costs should mean that profits bounce back more quickly.Lloyds was the most profitable of the UK's big high street banks before the coronavirus pandemic. I don't think this will change. That should help the bank's profits bounce back more quickly than at less profitable peers.#3: Lloyds share price suggests 5.5% dividend yieldBanks were forced to suspend dividend payments by the UK regulator earlier this year. Several made it clear they could have paid, but had no choice but to comply.The news was a bitter blow for income investors. But I'm pretty confident the dividend will return in 2021. Analysts' forecasts suggest a payout of 1.58p per share next year, giving a forecast yield of 5.5%. That looks realistic to me. Despite this year's disappointment, I believe Lloyds will remain a solid choice for income seekers,Ultimately, sentiment towards the UK economy is dire at the moment. The Lloyds share price reflects this. But, at some point, things will improve. In my view, now's probably a good time to buy some shares and tuck them away for the future. I don't think they'll get much cheaper than this.The post Has the Lloyds share price fallen too far? Here's what I'd do now appeared first on The Motley Fool UK.

[xxxxxy] 23/8/2020 20:56

John Redwood@johnredwood·3hThe best way to get the deficit down is tax cuts that boost growth and boost tax revenues.

[mikemichael2] 23/8/2020 20:08

'Why should I spend most of the afternoon arguing with a bunch of neanderthals'


But min, you just have done!!!!

Just like you do every day..........After 10.30,lol.

[utrickytrees] 23/8/2020 19:35

Dont u bloody start, I'm in largs next month, I'll dig up your greens.

[bargainbob] 23/8/2020 19:07

All I can say is: look at your garden , look at your branches , look at your professional achievements and qualifications, and trees you have cutdown .

Fk me he sounds like Charlie Dimmock. .

[utrickytrees] 23/8/2020 19:02

No strength n depth no Merv, hes a one man team lol. Itd be like backing Aston Villa to win the Premiership just because theyve retained the services of Jack Grealish.

[minerve 2] 23/8/2020 18:54

No difference from here then. Millions voted for CLOWN BORIS THE DORIS because Corbyn was the other real choice. Lucky for Boris. Would be different with Starmer.

[diku] 23/8/2020 18:36

Is Biden making too many promises with emotions to sway the voters?...and in the media I keep hearing some portion of voters are voting for Biden not because they like him and his policy but voters don't want to vote for Trump...case of no choice or probably time for a change...these elections are becoming too emotional saga...

[diku] 23/8/2020 18:28

Double whammy...so who is doing the leaky leaky news...






The government have drawn up battle plans for the possibility of being hit with a second wave of coronavirus and a No-Deal Brexit simultaneously, it has been claimed.

Leaked documents warn of a potential social care crisis from councils going bankrupt and the army being drafted in to prevent public disorder.

The revelation puts mounting pressure on ministers to negotiate a deal with Brussels to avoid a double-header in December, when it is predicted the country could be hit by a second spike.


Boris Johnson wearing a suit and tie: The revelation puts mounting pressure on Boris Johnson and his ministers to negotiate a deal with Brussels to avoid a double-header in December, when it is predicted the country could be hit by a second spike© Provided by Daily Mail The revelation puts mounting pressure on Boris Johnson and his ministers to negotiate a deal with Brussels to avoid a double-header in December, when it is predicted the country could be hit by a second spike
The classified file, seen by The Sun, appears to be in the form of powerpoint slides and is titled 'Preliminary set of Reasonable Worst Case Scenario Planning Assumptions to support civil contingencies planning for the end of the Transition Period'.

It was created by the Cabinet Office's EU Transition Task Force over concerns the government was not doing enough to get a deal signed before the end of the Transition Period on New Year's Eve.

It follows the leak over Operation Yellowhammer in August last year, a civil contingency plan in the event of a No Deal Brexit.

[utrickytrees] 23/8/2020 16:51

All I can say is: look at your house, look at your net-worth, look at your professional achievements and qualifications.

Fk me he sounds like Billy Graham.