Lloyds Banking Share Discussion Threads

[wbodger] 11/11/2024 20:34

#34800, Well, edit it then. (Not sure who Fat Black Dave is. Maybe as well not to know.)

On topic, when the Lloyd's price went above 62 I had finally got back the large capital losses I took in 2006-08, and later in 2019. Dividends were nice but I only got out at a reasonable capital loss after averaging down after the crash. Then another bust in Covid crash! Again averaged down and now it's being played like a violin - no great reason for the rise from mid fifties then some very dodgy lurid stories about misselling of Commissions? Really? 20% of a bank's Market Cap?

[geckotheglorious] 11/11/2024 18:59

Jl5006

."France and the UK will support Ukraine for as long as necessary "to thwart Russia's war of aggression"

With what??? Our militaries are woefully undermanned, underequipped. And financially, both are in dire straits.

[geckotheglorious] 11/11/2024 18:57

Scruff

I am sceptical about most things these days, especially if from MSM.

[hardup1] 11/11/2024 17:58

After 182 trading days, buyback complete to date:
Total shares to date........................3,599,576,929
Aggregate cost to date... ..................£1,952,688,088.64
Average price paid to date..................54.2477p
Percentage of £2 billion buyback completed..97.63%

So 59,780,754 shares bought back today, but only 4,687,141 shares bought back on Friday? Wonder how the algo came up with that?

[jl5006] 11/11/2024 17:08

Since when Kneel?
France and the UK will support Ukraine for as long as necessary "to thwart Russia's war of aggression", French President Emmanuel Macron and Sir Keir Starmer have said.

The prime minister marked Armistice Day at the Tomb of the Unknown Soldier in Paris as a guest of Macron on Monday, and held a meeting with his French counterpart to talk about Russia’s invasion and stopping illegal migration in the Channel.

A statement from the Elysee Palace said the two leaders had reaffirmed their commitment to "support Ukraine unwaveringly".
Weasel words from a lost in space PM

[scruff1] 11/11/2024 16:58

Thanks for the update Gecks. I did wonder. I have been taught a lesson that i shouldn't have needed

[jl5006] 11/11/2024 16:54

Another lab idiot
Healey: Trump will back Ukraine until it prevails against Russia

[rackersthedon] 11/11/2024 16:35

careless by name, careless by nature

head in the sand bs

[jl5006] 11/11/2024 16:31

Careless
n, my thinking is that Trump will soon face realty and wait for it...the UK labour party will become more business friendly.
Ur takin the piste

[car1pet] 11/11/2024 16:23

Lloyds Banking Group PLC (LSE:LLOY) potential financial risk due to motor finance loans is manageable, according to Deutsche Bank, which reaffirmed its 'buy' rating on the stock, with a slightly reduced price target of 80 pence (down from 83p).

Since 2007, Lloyds has collected an estimated £5.7 billion in interest on £56 billion in motor finance loans.

A recent court ruling introduced the possibility of "full rescission", meaning loans could theoretically be reversed, but Lloyds’ strong capital base is likely to withstand even this unlikely event, Deutsche said.


Lloyds is expected to continue a steady dividend, though stock buybacks may be more limited in the short term, the German bank said in a brief note.

Factoring in returns of all broker fees, total capital return is expected to yield 31% by 2026, with even the harshest scenario allowing for 20%.

Lloyds shares were up 1.8% at 54.04p in afternoon trading.

[kipper62] 11/11/2024 15:44

scruff1...and that has to do with Lloyds..how?

Did you write the script for that old TV game show 3-2-1?

[min ping] 11/11/2024 15:28

dont forget two weeks ago in the south pacific on commonwealth duties

[joe say] 11/11/2024 15:23

Yes - a good question scruff and one I'd be interested in hearing an answer to

If they can't keep their word then what's the point following them - they'd be on a par with every other party

[adelwire2] 11/11/2024 15:06

Seriously?

[xxxxxy] 11/11/2024 13:49

Nigel Farage for PM.That would be brilliant.But there will be learning curves.Better to have roots in Reality rather than ideology.Ideology such as Net Zero nonsense.Or tax to Growth.Or failing to address INVASION .Or failing to ditch ECHR +.VOTE REFORM.

[rackersthedon] 11/11/2024 13:49

its been plainly obvious to anyone with half a brain that the US has been the place to be over the last 10 years

[xxxxxy] 11/11/2024 13:47

U.K. interest ratesNovember 10, 2024 57 CommentsThe Bank of England has cut their base rate twice now. They have put their inflation forecast up after the budget and said this means fewer rate cuts and slower rate cutting from here. The budget was especially inflationary, pushing up public sector pay a lot with no productivity agreements and confirming higher managed energy prices. The whole disastrous energy policy means dearer energy going forwards.The budget also pushed up longer term interest rates with knock on to mortgage rates. The ten year government bond borrowing rate surged to over 4,5%, a higher level than after the short lived Kwarteng budget when the Bank was hiking rates and announcing huge  bond sales. These market moves reflected justified concern about all the extra borrowing the government proposes after its rule change.The bad budget according to Bank forecasts as well OBR forecasts will raise inflation and slow growth. Whilst both bodies are often wrong, on this occasion I agree with them that the budget measures are likely to slow growth from 2026 and push up prices sooner. These forecasters had to up 2024 growth forecasts because earlier this year they clearly under estimated and had to revise up recently because we enjoyed good growth in the first half.The U.K. has a very bad public sector productivity problem and is wasting far too much money in the  public sector. The government should urgently cancel £19 bn of carbon capture spend, abandon ideas of an expensive HS  2 extension, control Bank of England losses and set out a productivity plan for public services. .......John Redwood

[careful] 11/11/2024 13:47

The big problem is where do we invest our cash.

Right now it looks as though we should have bought a S&P 500 ETF and Nasdaq ETF and put our feet up.

America is a shameless capitalist economy 'greed is good' and does not give a damn about the zero wealth poverty of about 100m of its population.

How do we judge the success of an economy, by the average GDP per capita, or the plight of the bottom 30%?

Investing in the UK Market, a bombed out basket case shunned by many institutions is contrarian.
But it is so cheap, America is a bubble an accident waiting to happen.
Right now I am tempted to short the S&P 500 and go long on the UK.
Contrarian, my thinking is that Trump will soon face realty and wait for it...the UK labour party will become more business friendly.

[min ping] 11/11/2024 12:00

democrats were a shambles - agreed
Uk are in a mess - agreed
UK have had left leaning govts for 27 years - undeniable


common theme there.

[min ping] 11/11/2024 11:58

Crypto is worthless, it goes up on buying down on selling.



incisive. thanks for that