Lloyds Banking Share Discussion Threads

[patientcapital] 29/11/2018 12:18

Not for long :)

[alphorn] 29/11/2018 12:16

k38. At the core of investigation is the lender’s unit based in the British Virgin Islands.

What a surprise. Here may be a clue to the real gainers behind Brexit.

Citizens of BVI are citizens of the EU btw.

The title for a book covering the past few years could be 'Never have so many been hoodwinked by so few'.

[ladeside] 29/11/2018 12:13

What's the point in this "debate" in the first place ??

Everything's been said, nobody has a plan and we're screwed.

That's it, end of story.

[temmujin] 29/11/2018 12:11

eh guys botswana diamonds £1m market cap now 0.5p... so easy 10 bagger just like ggp was a couple of years ago...take a punt you wont regret

[gotnorolex] 29/11/2018 12:04

Corbyn says no to BBC hosting Brexit debate on the 9th because of perceived bias against him!

[k38] 29/11/2018 11:57

https://www.euronews.com/2018/11/29/deutsche-bank-offices-searched-under-money-laundering-investigation

[alphorn] 29/11/2018 11:49

mm2 - yes, it is quite troubling (to me) that the huge increase and the lion's share of immigration SHOULD BE subject to VISAs today.

What is going on? The media has been hoodwinking their readers over this issue and nobody is bothered to find out the facts - as you see often on these boards.

[alphorn] 29/11/2018 11:47

poikka - then you will be the other side of my trades; that is what makes a market. Good luck to your strategy!

[montyhedge] 29/11/2018 11:46

No deal and banks will sell off bigtime, Lloyds 47p, domestic sterling earning companies watch out, dollar earners the place to be, because pound will drop 10% the FTSE 100 up 8% led of course by dollar earners GSK, etc.

[philanderer] 29/11/2018 11:37

The good news from the Bank of England stress tests, out after the market closed yesterday, is that our banks are strong enough to withstand a global financial crisis and keep lending.

Which means, say bank watchers in the City, that any excess cash rolling around Lloyds, Barclays and the rest can safely be dished out to long- suffering shareholders. Even the Bank of England is (implicitly) saying so.

Buy-backs, higher dividends and even special dividends all seem to be on the cards. One bank bull is Ian Gordon at Investec, a respected veteran of the field.

He’s been telling clients to get into Lloyds for some time, a stance he now feels even more confident about. “From the perspective of all the FTSE 100 banks… last night’s stress test results… are unambiguously positive.” Lloyds is worth 80p, says Gordon.

[maxk] 29/11/2018 11:36

Shock horror!





Brexit to wipe 99% off UK GDP


29th November 2018

Nick Hubble

[poikka] 29/11/2018 11:32

Alphorn - I couldn't really give a toss how long our new outside-of-EU trade agreements take - any wait would be worth it. Btw, unlike the EU, any of our new trading partners would only have one country to deal with.

Next question.

Open your eyes, m8, why stick with the dreadful EU? What's to like about it, really?

I just don't get it - a straightjacket of a currency; a cosy club of Eurocrats that only gets cosier and bigger by the day; a cosy club whose purpose in life is to create more rules and regulations and directives; a cosy club that is incapable of taking real decisions that matter (actually they can take decisions, but they then can't put them into effect, and then they forget about them; a cosy club that strips some of its members of £bns and hands out that money to whomever; a cosy club that spends our and others' money as it pleases for its own benefit.

And so on, and so on.

[patientcapital] 29/11/2018 10:46

No, which is why markets have shrugged it off. For now at any rate.

[xxxxxy] 29/11/2018 10:45

November 29, 2018
It’s impossible to take the Treasury’s Brexit impact assessment seriously
The UK Treasury has published another set of estimates of the impact of Brexit on the UK economy, claiming that in a ‘no deal’ scenario, UK GDP will be around 8% lower in the long term than it would have been if the UK remained in the EU.

If this looks to the casual observer like a big number, that is because it is. But can it be taken seriously? Simply put, no. It is a figure that fails to pass the most elementary ‘sniff test’. Below we show just how silly this projection is with reference to the UK’s experience in the Great Depression of the 1930s.

So, the Treasury’s 8% GDP loss for a ‘no deal’ Brexit is equivalent to the worst estimate you can make for long-term UK GDP losses after the worst financial and economic shock of the last century, and more than double more realistic estimates of the long-term GDP loss the UK suffered in the 1930s. It is very silly indeed. Many will think that it is worse than silly: that it is a deliberate attempt to mislead and alarm.

NOTE 'Many will think that it is worse than silly: that it is a deliberate attempt to mislead and alarm. '

Source

[grahamite2] 29/11/2018 10:41

974, 976

Andrew Sentence, member of the Bank's Monetary Policy Committee for 5 years:

Does anyone really believe any of this as a real-world scenario? @bankofengland is undermining its credibility and independence by giving such prominence to these extreme scenarios and forecasts.

[xxxxxy] 29/11/2018 10:41

The Bank of England’s Brexit forecasts aren’t just wrong. They’re absurd

[alphorn] 29/11/2018 10:25

Latest net immigration statistics are out this morning:

- Non-EU net migration reached its highest level since 2004, with 248,000 more non-EU citizens arriving than leaving the UK. This was driven particularly by Asian nationals.

- EU net immigration was 74,000 for the same period.

So the immigration issue is fixing a non problem when you look at the facts. The headline will read 322,000 of course.

[willoicc] 29/11/2018 10:17

There is 2 of them.

Brilliant.

[alphorn] 29/11/2018 10:16

CP - so with that belief how will it impact on your investments. Will you make any changes or just ignore it? That is why we are here.

[alphorn] 29/11/2018 10:11

Ladeside - it is a while since I have been close to the UK new car market and I am sure others here can comment. It used to be that the sticker price could be negotiated down by some huge percentages. I don't know if that still true?

[cheshire pete] 29/11/2018 10:11

Expect daily onslaught of this rubbish right through to the vote. Carefully orchestrated and choreographed by the Gov'ts spin machine no doubt. It's too late though, May is finished.

[ladeside] 29/11/2018 10:09

Alphorn,The price of new cars in this country is just ridiculous, I reckon we are paying almost double what many EU countries are paying and when they're asking for £18k for a basic 1.0 Volkswagen Golf or Seat Ibiza, you know there's something seriously wrong.

[alphorn] 29/11/2018 10:09

4. Inability to see the blinding obvious.

[mr.elbee] 29/11/2018 10:07

.1 desperation of our masters?
2.the British are stupid.
3 BOTH OF THEM