Lloyds Banking Share Discussion Threads

[xxxxxy] 01/3/2019 11:50

MARCH TO LEAVE



Pass the message on please

[alphorn] 01/3/2019 11:42

Yes, very helpful. TND is worth listening to.

[jpjohn1] 01/3/2019 11:39

Thank you polar for keeping the board informed here

[polar fox] 01/3/2019 11:39

Is this news on here? The Sun:

BREXITEER Tory MPs have told Theresa May they can deliver a majority for her EU deal if she lays out a timetable to leave No10 this year.

The Sun has been told that “dozens” of sceptical backbenchers are now ready to hold their noses and vote for the PM’s revised divorce agreement, even if she can only win small tweaks to it.

In exchange, they want the PM to publicly lay out how she will step down and allow a successor to negotiate a future trade deal.

Mrs May faces a knife edge final Commons vote to approve her deal on March 12, or be forced by the Commons to delay Brexit.

One senior Tory Brexiteer said last night: “We need her to lay out a timetable for her departure this year.

“A decent amount of us have now told the whips we would change our vote and back the deal if she did - enough of us to get it through.”

more...

Presumably they have BORIS in mind???

[alphorn] 01/3/2019 11:39

Ladeside - Thx. Have a few positions on Tesco and Sainsbury. Need to do something next week and will update on those threads.

[k38] 01/3/2019 11:32

It's not the first time Lloyds management buy shares on the upside..BBC on it's daily trick as usual.

[ladeside] 01/3/2019 11:27

I don't know your position on Tsco Alphorn, however there's a few things happening behind the scenes which should see the share price continue on an upward curve.

[martinfrench] 01/3/2019 11:27

hope as in last share buyback prices aren't supressed the whole time.

i know cheaper prices means more for the buy back but at the end of the daqy its all about the price and lloyds has momentum

[alphorn] 01/3/2019 11:17

pf - would go along with that summary. My bullish positions are already in place and would expect to open the bearish positions should the share price settle around 65p. That would give a pretty good range in share price upsides/downsides. (Note of course xd's move the share price depending upon your maturity dates).

Lloyds remains the 'quoted Post Office' under its current strategy.

[polar fox] 01/3/2019 11:14

I've been out since before the open and I see that the first trade was at 64p exactly, since when the profit-taking has set in. All bang in line with my guidance that the resistance is at 63.95. Have to be patient now to see how much and how long the market wants to consolidate in the 62-64-type range.

If the share price can decisively break through 64, then that would open the door for 65 and then 67-68, which is where the share price was trading one year ago, when the first buyback commenced. Everything remains subject to Brexit, of course.

[corpbull] 01/3/2019 11:04

Minerve 2

Good to see you back. The BB has been dead quiet without the wind up merchant Minerve but hey M2 is alive replacing M1! Good luck and behave! Keep it up!

[k38] 01/3/2019 10:55

In their daily FX forecast, analysts at Lloyds believe that the current weakness in the Pound is unlikely to continue, and expect the currency to push back towards the mid 1.30s,

[ekuuleus] 01/3/2019 10:44

thanks jrp for posting that:

Issued shares 1/1/18 = 71,944m
Issued shares 31/12/18 = 71,149m

Dont tell smarty pants. He wants to believe only 100M shares per year.

[skinny] 01/3/2019 10:39

Deutsche covered LLOY yesterday and 25th.

28 Feb 2019 Deutsche Bank Buy 63.32 72.00 Retains
25 Feb 2019 Deutsche Bank Buy 63.32 68.00 72.00 Retains

[jpjohn1] 01/3/2019 10:38

Not on us, but the other UK banks todayDeutsche bank lowered BARC , was TP 216p now 215p &Deutsche bank lowered HSBC, was TP 560p now 513p. They have a bit of a down on this company 614p at the momentNo reports on Lloyds Bank yet

[jpjohn1] 01/3/2019 10:37

Not on us, but the other UK banks todayDeutsche bank lowered BARC , was TP 216p now 215p &Deutsche bank lowered HSBC, was TP 560p now 513p. They have a bit of a down on this company 614p at the momentNo reports on Lloyds Bank yet

[k38] 01/3/2019 10:34

I don't blame him..Maduro wants to move Venezuelan state oil firm's European HQ to Moscow - official

[k38] 01/3/2019 10:31

Brussels are in control in which part of Europe the companies from around the world will invest their money in Europe with their $ blessing. UK is not one of them.

[mikemichael2] 01/3/2019 10:28

No longer blue Min, look out.

[k38] 01/3/2019 10:26

So, 64p this Friday. I guess thesame routine as the 62p level before we move to the next level of 64-68p.At this point you can trade the share without fears you may find yourself out of the game...But, once again, this is only my opinion, not trading advice to others.

[philanderer] 01/3/2019 10:25

Lloyds Bank 'complex' overdraft fees criticised by MPs

[k38] 01/3/2019 10:15

No they will not invest in you and you don't fund them either. That part belongs to Brussels.

[freddie01] 01/3/2019 10:14

Sort out your public finances, Europe tells Italy


The European Commission has reminded the Italian government that it needs to get its books in order "urgently" with the country's economic forecasts looking bleak.
The EU on Wednesday urged Italy to clean up its public finances, telling the populist government in Rome that urgent work was needed given the country's "weakening" economic prospects.

Italy watered down key measures in its big-spending budget late last year under pressure from the EU, which threatened to impose fines if Rome broke its deficit and debt-reduction commitments.

But the European Commission, the bloc's executive arm, insisted that Italy's ruling coalition of the anti-establishment Five Star Movement (M5S) and the hard-right League party need to do more to get Italy's books in order.

"Our message to Italy today is also familiar: that it must take steps to improve the quality of its public finances, increase the efficiency of its public administration and justice system, enhance its business environment, and strengthen its labour market and the financial system," Economics Affairs Commissioner Pierre Moscovici said at the launch of a report on the economies of EU member states.

"Moreover, the urgency of doing so is all the greater given Italy's weakening economic outlook."

The report listed a series of major concerns about Italy's economy including high levels of government debt, non-performing loans and unemployment. It warned that even with Italy's watered-down spending plans, the government's debt ratio is "not expected to decline in the coming years".

The Italian economy contracted in the fourth quarter of 2018 because of a slowdown in exports, plunging the eurozone's third-largest economy into recession and increasing the government's budgetary problems.

Italy's public debt is a big problem, sitting at a huge €2.3 trillion, or 131 percent of the nation's annual economic output – way above the 60 percent ceiling set by the EU.

Commission Vice President Valdis Dombrovskis said they would "remain vigilant and closely monitor developments" in Italy, voicing concern about Rome's willingness to press on with reforms.

"Broadly speaking, reform momentum has stalled and there have been some reversals of previous reforms in the context of 2019 budget, notably in pensions reforms," Dombrovskis said.

Earlier this month, Italian unions led a protest of hundreds of thousands of people in Rome to demand pro-growth policies, the biggest such demonstration in four years.

hxxps://www.thelocal.it/20190227/sort-out-your-public-finances-europe-tells-italy

[alphorn] 01/3/2019 10:09

"Losing our independents as a country it's not the right way to go for the next 50 years".

k38, you have forgotten which side of the argument you are on! No surprise. ;))

[k38] 01/3/2019 10:05

Europe is a good donkey but an old donkey..We are investing our future prosperity in (Europe) economies without future. Losing our independents as a country it's not the right way to go for the next 50 years.