Lloyds Banking Share Discussion Threads

[shy tott] 19/2/2019 14:59

Getting rid of the no deal negotiating angle is a bit like saying 'in the next few weeks, we are going to sell £3trillion worth of gold'. And no one would do that, would they.

[maxk] 19/2/2019 14:54

It's Japanese gov policy to encourage manufacturing back to Japan, and now they have a trade deal, there is no need to manufacture in this country to access the €uro market. They are not re-locating to mainland €urope, they is going home.

[polar fox] 19/2/2019 14:49

Some speculation today that Toyota's operation in Burnaston, Derby may be at risk. It appears to be of roughly similar size to Swindon, in terms of output and employees.

Google has a few interesting results, such as this excerpt last year:

"The firm relies heavily on a ‘just in time’ production method, using components imported from elsewhere in the EU. The plant’s boss, Marvin Cooke, told the BBC that a failure to reach an agreement over Britain’s withdrawal from the EU could have a major impact.".

These Japanese plants appear to be set up and operating on a very similar basis. Time will tell, but, on the face of it, it doesn't look too good.

[grahamite2] 19/2/2019 14:47

There's a lot of truth in that LADESIDE but it takes two to tango. If it is EU policy always to leave things to the 11th hour there's not a lot HMG can do about it unilaterally.

[xxxxxy] 19/2/2019 14:39

EUSSR is FAECES

[jacksonse] 19/2/2019 14:39

Tomorrow the day. Not read any leaks about provisions in the Sunday press. Focus on the results or forecasts?
John

[xxxxxy] 19/2/2019 14:39

LEAVE and WTO

[alphorn] 19/2/2019 14:32

Jacko - a flick of a card - you have not learnt much in your old age.

[ladeside] 19/2/2019 14:07

"Eh, wot! Sterling down from 1.45 to 1.28 doesn't make 30% to me, nor down from 1.48 over 4 years"

I'm sorry, there was me thinking that Sterling was trading in the 1.13 - 1.15 range NOT 1.28, unless of course you were talking about dollars for some bizarre reason ???

[gbh2] 19/2/2019 13:15

Even good results will be sold into imo.

[alphorn] 19/2/2019 13:14

grahamite - very true, there are more fools in the HOC than you could shake a stick at. Just sit and wait which is also what the market seems to be doing.

Turning to Lloyds the market seems to be doing the same thing - although I would expect results to be good. Are they already in the price?

[grahamite2] 19/2/2019 13:07

PC, naturally Brussels will leave any compromise to the last minute. Why would they hurry, when there's a chance traitors and fools in the House of Commons might make compromise unnecessary?

[mikemichael2] 19/2/2019 13:01

I can confirm fatknackers is telling the truth.

[connorcampbell] 19/2/2019 12:58

Will Lloyds continues to downplay Brexit with its full year results on Wednesday?

Interestingly, unlike peer RBS, which during the third quarter earnings season revealed it had set aside £100 million for Brexit uncertainty, Lloyds was far more optimistic about the whole situation. Retiring CFO George Culmer said the bank’s ‘continued expectation is for some kind sort of withdrawal agreement going forward’, also stating that 97% of the firm’s business is UK-focused.

Given how things have panned out since that update, investors can perhaps expect a fuller comment on Brexit on Wednesday. Lloyds hasn’t completely sat on its hands, however; in January it secured a banking license for its Berlin subsidiary.

Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=387177

[jacko07] 19/2/2019 12:40

Perhaps I should go for a game of golf and pretend everything is OK. Ask those in Sunderland and Swindon to join me.

The words of one of life's winners, I mean big Looosers. Boo hoo, the World is ending.

Get a grip Minerve, what are you a man or mouse!!

fatnacker..Minerve's name is an anagram of Evermin or E vermin for the remaoner rats still on the sinking ship!!

ROFLMAO.

[patientcapital] 19/2/2019 12:31

I think many wrote similar here or at least thought this was likely to be the way it played out - it will simply have to be a case of holding one's resolve:"BRUSSELS will compromise on Brexit – but it might not be not until the last minute, a former EU commission boss warned today.Jose Manuel Barosso said that there was "still room for some negotiation" from both sides to get a deal sealed."