Lloyds Banking Share Discussion Threads

[freddie ferret] 01/10/2020 00:11

The present situation is interesting.

The 1922 committee can not operate atm.

I think we may be close to a Kristalnacht moment, basically legitimate excuses to suspend effective democracy.

[minerve 2] 30/9/2020 23:29

TORY LIARS
TORY SCUM

[minerve 2] 30/9/2020 23:28

The horrendously wasteful profligacy of the coronavirus response really rubs salt into the wound of austerity being the biggest con ever. They presented a narrative that any increases in government spending would risk a debt crisis and that we were teetering on the edge of financial ruin, and then they strangled growth and investment by starving public services of funds.

And now we're looking at ~£60bn+ for furlough, £23bn of dodgy loans that might have to be written off, £15bn for PPE...

To put this into perspective, in 2010/11 the annual police budget was £14bn and by 2014/15 the party of law and order had, for absolutely no good reason, slashed this down to £12bn a year. Just one example of a myriad array of miserable cuts they made to key services which in the grand scheme of things saved peanuts.


FT Comments

[kendonagasaki] 30/9/2020 22:52

Well Merkel has signed 3 days ago that she will not and the EU will not bail out and failing banks...?Give me a D?GiveMe a B ?

[utyinv] 30/9/2020 22:32

Mitchy

Post 12444 : I believe this country is still one of the most innovative in the world and we deserve to be in a much better place than we today after everything we have brought to the table...for the whole world.
Rant over.

No need to rant, I agree. I have been promoting British Engineering for over 40 years👍

[utyinv] 30/9/2020 22:24

Alphorn

Post 12442,

Yes chassis made in SA put together in U.K. small workforce as they only produce a limited amount per year.

With the 600 priced at approx £275k it is made to compete with Ferrari

0-62 in 3.2 secs 650 bhp

[fse] 30/9/2020 22:24

Having a squint at these after someone mentioned them on another thread.
If anyone can shed some light ?
I note the current PER at @7 what was it normally ? and what is the estimated future PER.
Does anyone have any feeling on the quality of the loans they are holding.
The share price has indeed severely retraced on Covid and Brexit developments.
They appear to me to have been overvalued before likely driven up by low interest rates forcing people into stocks and property which then became overvalued.
Anyone any idea historically how they are valued.
On the surface they look fairly valued in todays climate.
If matters deteriorate further then they may fall back further but it would appear that they would recover from these levels just as likely.
Anyone feel the share price price fairly reflects the current situation.
Thanks for any feedback....

[scruff1] 30/9/2020 21:46

I read a post a few days ago from Alp about his friend buying some Tesla truck. Others complained saying the batteries were rubbish. They used to be in mobile phones !!
BP investors similarly being torn

[scruff1] 30/9/2020 21:39

Large Industries of old. mmm. Cotton spinning/weaving. Unhealthy/poorly paid. Coal mining. Deadly/most seams worked out/Greta dont like it. Steel. Coal + iron ore gone all now imported (trying to keep the sheffield steel industry going was simply agains economic geography. Shipbuilding. Just couldnt compete -see steel. Engineering - see steel and plastics. Let it go. As I read somewhere recently - Data is the new oil. China is the new Saudi Arabia. Its getting beyond me but the super fast changing technology is where its at. Either get in the front or get in the back. IMO

[stonedyou] 30/9/2020 21:36

'Britain is READY to walk away!' Gove in furious threat as EU's Brexit games
EXPOSED

Michael Gove believes the European Union's behaviour over the last four years has proven that it is not worth compromising in Brexit talks - and warned Brussels there will be no last minute capitulation.


The Chancellor of the Duchy of Lancaster who runs the Cabinet Office at the heart of government and is responsible for the Brexit talks, has given his clearest warning yet that Britain will happily walk away with no deal in a few weeks time. He mocked Brussels for being reduced to “kidology” to give the impression Britain was compromising when it was Michel Barnier’s team having to make concessions.

Mr Gove was speaking to Tatton MP Esther McVey in an exclusive interview for the Blue Collar Conservatism/Daily Express virtual conference this week.

[mitchy] 30/9/2020 21:04

I'm also looking to add . The large industries of old have all but gone or ,as you say , owned by outside investors but we have a strong small company base now with many more self employed which can be flexible in times like these. I feel we will better weather the storm than say the EU monolith. Just my opinion.Good Luck with your new shares I think it's a good move.

[stonedyou] 30/9/2020 20:25

This could be the coronavirus cure we’ve been waiting for, and it’s not a vaccine

The race to develop effective coronavirus treatments that can cure COVID-19 yielded more promising results.


•Regeneron announced that its monoclonal antibody compound was effective and well-tolerated in a Phase 1 trial focused on treating COVID-19 outside of the hospital.

•The company said that the new medicine helped reduce viral levels in confirmed coronavirus patients and alleviated symptoms faster than standard care.

•The REGN-COV2 drug had the best effect on patients who were slow to mount their own immune response against the virus.


Humanity’s hopes of beating the novel coronavirus pandemic aren’t tied solely to vaccines. We’ll soon find out whether any of the promising vaccine candidates that have reached Phase 3 can block COVID-19 or reduce the severity of the illness. But even if they all fail, hope isn’t lost. First of all, safety measures can reduce the spread of the virus, but more people will have to be willing to practice social distance and wear face masks in public. Precautions aside, not all scientists looking to beat COVID-19 have focused on vaccines. Many companies are trying to repurpose existing drugs as coronavirus therapies, and many more have devised new meds engineered specifically to beat COVID-19. One of the candidates in the latter category combines the best aspects of vaccines and standard care, and it seems as though it was quite effective in its Phase 1 trial.

[maxk] 30/9/2020 19:18

What you wont read in the so called papers.

[k38] 30/9/2020 18:41

Allow me to disagree and the reason is religious, my opinion on this...All 3 main religions have a say and for that reason I would have made Jerusalem like another Vatican... that way for sure you avoiding future conflicts.

[minerve 2] 30/9/2020 18:05

BECAUSE THEY WERE DECENT HUMANS - UNLIKE THE ORANGE MAN.

[geckotheglorious] 30/9/2020 17:58

K38

Recognising Jerusalem as Israel's capital was long overdue and , despite promising to do such, no other Potus went through and actually did it.