Lloyds Banking Share Discussion Threads

[xxxxxy] 15/6/2021 22:27

Fintech Wise could make its stock exchange debut in London as early as this week via a direct listing in a move that could value it at up to £9bn ($6.4bn).Sky News first reported that the company, known for its "instant, super-cheap money transfers," could soon go public on the London Stock Exchange, citing sources as saying the timing depended on final approvals from regulators. "Wise's public market debut will be a landmark moment for the payments app, which now boasts more than 10m customers and transfers £5bn on their behalf every month," the report said.Wise declined to comment on the listing.There was no clarity regarding exact timing or valuation, although Sky sources said it would be at least £5bn.Because the listing would be direct, it is harder to have a sense of the valuation than it would be in the case of a normal IPO.In direct listings, companies sells shares directly to the public without getting help from intermediaries.This happens when firms that can't afford underwriting, don't want share dilution, or are avoiding lockup periods often choose the direct listing process, a less-expensive option than an IPO, according to Investopedia.Nalin Patel, EMEA private capital analyst at PitchBook told Yahoo Finance UK that "the proposed direct listing by Wise could be one of the largest by a Europe-based tech company since Spotify (SPOT) in 2018."Read more: EU and US end 17-year Boeing-Airbus row, hit pause on 'harmful tariffs'"Wise is among the most valuable VC-backed companies in Europe and its eventual exit has been hotly anticipated for a number of years. The listing could be a major coup for the London Stock Exchange and could prove rule changes are enticing more tech companies to list on it."However, he said Wise "is potentially utilising dual-class share structures, which have previously been unpopular with other listings such as Deliveroo (ROO.L)."The company, which started off as a money transfer service in 2011, changed its name from TransferWise to Wise earlier this year, having since expanded to allowing customers to have multi-currency account and a debit card."When Wise recently rebranded from TransferWise it triggered wide-ranging speculation that the brand had big plans up their sleeve," said Elizabeth Rayment, director at Your Mind Media."It seems they have decided to drop the money-transfer aspect of the name to show that the firm has much more to offer."According to Pitchbook, Wise has 2052 employees and has raised a total of $542m. Its last fundraising round was in May when it secured £160m.The company became a unicorn, a tech start-up worth at least $1bn, in 2015.Wise will be the latest company to announce listing in London, which has become home to a number of IPOs this year as the City seeks to attract more businesses following Brexit.Online furniture retailer Made.com confirmed plans to list on the LSE after benefiting from a shift to online shopping during the COVID crisis and a blockbuster IPO is on the cards for British retailer EG Group, which values at around £10bn. Firms hoping to cash in on strong trading amid COVID raised £8.7bn from listings since the start of this year alone, compared to $15bn (£10.6bn) in 2020 according a Tech Nation report..... Yahoo Finance

[k38] 15/6/2021 22:26

Yes, you can go as lon as you keep your distance.

[scruff1] 15/6/2021 22:23

Sounds sensible to me 5x. Meanwhile I see easyjet has moved its fleet to germsny. Maybe it's not just our football team then

[utrickytrees] 15/6/2021 22:22

Any news on Brothels?

[xxxxxy] 15/6/2021 22:19

Use of fear to control behaviour in Covid crisis was 'totalitarian', admit scientistsMembers of Scientific Pandemic Influenza Group on Behaviour express regret about 'unethical' methodsByGordon Rayner,ASSOCIATE EDITOR14 May 2021 • 9:00pmOne scientist said the Government 'was very worried about compliance and they thought people wouldn't want to be locked down'Scientists on a committee that encouraged the use of fear to control people's behaviour during the Covid pandemic have admitted its work was "unethical" and "totalitarian".Members of the Scientific Pandemic Influenza Group on Behaviour (SPI-B) expressed regret about the tactics in a new book about the role of psychology in the Government's Covid-19 response.SPI-B warned in March last year that ministers needed to increase "the perceived level of personal threat" from Covid-19 because "a substantial number of people still do not feel sufficiently personally threatened".Gavin Morgan, a psychologist on the team, said: "Clearly, using fear as a means of control is not ethical. Using fear smacks of totalitarianism. It's not an ethical stance for any modern government. By nature I am an optimistic person, but all this has given me a more pessimistic view of people."... Daily Telegraph.... Of course there are politicians etc  who knowingly allowed these things, and eventually they must be pursued for compensation. 

[xxxxxy] 15/6/2021 22:17

Vaccination Yes. Lockdowns NOPANDEMIC CRITICALLY CONSIDEREDIf I get a vaccinated - Can I stop wearing the mask?- Government: No- Can the restaurants, pubs, bars, etc. reopen and everyone work normally?- Government: No- Am I resistant to covid?- Government:  Maybe, but we don't know for sure.....- At least I am no longer contagious to others?- Government: No, you can still pass it on, possibly no one knows.- If I have vaccination , can I stop social dissociation?- Government: No- If I have a  vaccination , can I stop disinfecting my hands?- Government - No- If I have a vaccination  and my grandpa has one , can we hug?- Government: No- Will movie theaters, theaters and stadiums reopen thanks to vaccination - Government: No- What is the real benefit of  a  vaccination - Government: The virus will not kill you.- Are you sure it won't kill me?- Government: No- If statistically the virus won't kill me anyway.... Why should I get a vaccination"- Government: To protect others.- So if I get a vaccination  , others are 100% sure I won't infect them?- Government: No, we are not sure.So, to summarize: The  vaccination ....- Does not give immunity.- Does not eliminate the virus.- Does not prevent death.- Doesn't guarantee you won't get it.- Doesn't stop you from getting it.- Does not stop you from passing it on.- Doesn't preclude the need for travel bans.- Doesn't preclude the need for business closures.- Doesn't preclude the need for closures.- doesn't preclude the need for concealment.(This is not advise[ advice ] against taking the vaccine)....

[xxxxxy] 15/6/2021 22:16

Andrew Neil: Project Fear scaremongers got it wrong - Brexit is creating a global Britain0:00 / 3:03volume_upfullscreenmore_vertBritain has signed its first post-Brexit trade deal with Australia?Andrew NeilCHAIRMAN AND PRESENTERPUBLISHED Tuesday 15 June 2021 - 21:06LAST UPDATED Tuesday 15 June 2021 - 22:45We were told they would take over 10 years to do. We were assured we didn't have the expertise to do them. Yet in very short order every free trade deal we had via the European Union has been rolled over to be with the UK, in some cases, like Japan, improving them along the way.And now we've done an entirely new free trade deal with our friends in Australia, the first post-Brexit deal of its kind.New Zealand and Canada can't be far behind. Though India and the US will be tougher nuts to crack.The agreement is not a game changer but it will see tariff free trade grow by about 15% in the years ahead. More British exports of whisky, pharmaceuticals, cars and machinery to Oz. Plus new openings for Britain's world class service sector. And cheaper Australian wine, beef and lamb for us.British farmers are apprehensive about this extra competition but at the moment only 1% of Australian meat exports come to Britain so there's plenty of scope for growth, and for Oz meat still to remain a small part of our meat consumption.Plus the deal is phased in over 15 years, so there's plenty of time for British farming to adapt. Government has a duty to listen to farmers. But it has a bigger duty to look after consumers, who benefit from cheap, high quality produce. That's especially true of poorer families who spend a big proportion of their income on food.When it comes to vested interests versus the interests of the people a government which wants to hold on to the Red Wall would be wise to side with the people.The deal also makes it easier for young Brits to get two-year visas to visit Australia and the age cap is lifted to 35. They should go. It's a great country. But perhaps the most important feature of this deal between age-old friends and allies is that, for Britain, it opens the door to membership of the Trans Pacific Partnership. That's an $8 trillion free trade area encompassing some of the fastest growing economies on the other side of the world.If America joins too we'd effectively get a free deal with them thrown in. What's not like?.... GB News

[mikemichael2] 15/6/2021 22:13

I never said I want never ending Lockdowns! They just need a bit longer to get more vaccinated, there's hardly any other stuff to unlock right now, not much hardship unless your into Disco's and mass raves. What you bothered about wearing a mask? and a bit of social distancing that no one does?

[xxxxxy] 15/6/2021 21:58

Evidently lockdown is a failed tool for controlling this virus.  Otherwise there would not be a need for more lockdowns. Using a failed method over and over does not not reflect well on any government.  The science has demonstrated that Medieval lockdown fails to prevent the virus getting through.  The virus is on surfaces clothing, hair, danda, shoes etc. Why wash hands only and not wear hair nets and shoe coverings. The government is conning the public and not really educating and being honest. Under special lighting this biochemistry can be seen. There is no real avoiding these life forms. It is Evolution in the Real world. Have to face it eventually. Instead of politics, MANAGEMENT may be better. Shield the vulnerable, and allow the rest to live, work and play.

[scruff1] 15/6/2021 21:49

M2 Some people dont want to be vaccinated. The vaccine isnt 100% . There is probably always going to be a mutation and new variants. It's how it is. Are you suggesting that lockdown continues for say another 5 years or so? The problem I see for those like yourself who support never ending extensions to lockdown is that you have no end game. How safe do things have to be before anyone suffering from anything other than covid - economic.ically, socially, mentally, health problems is considered. Its barmy. Maybe you want to wait until every single person has been persuaded or forced to be vaccinated. It's an untenable stance imo

[utrickytrees] 15/6/2021 21:49

Good point mm2, the barrack room virologists will no doubt beg to differ. Wouldn't back England against Germany or France.

[mikemichael2] 15/6/2021 21:31

scruff1, what if the Vaccine doesn't protect you against the 'next' nasty mutation? You do understand that they are trying to limit the emergence of another strong mutation by vaccinating as many people as possible. It is these new cases that might cause a mutation.

[sentimental rules] 15/6/2021 19:51

No vermin 2 recentlyBliss

[freddie01] 15/6/2021 19:09

Top post grahamite2. With current affairs and politics being so frustrating the positive news gets buried.

[scruff1] 15/6/2021 19:05

Just read little John in the mail. Exactly my opinion. ' this is not leadership it is backside covering cowardice. Absolutely on the nail

[maxk] 15/6/2021 18:31

That Chief Constable will be for the chop. The lovies will go ape.