Lloyds Banking Share Discussion Threads

[minerve 2] 30/6/2019 20:53

I see the Brexit party are attempting to buy youth votes. They could do with a few.

L
O
L

[minerve 2] 30/6/2019 20:52

The level of wisdom on this thread is embarrassing.

Main culprits: mr.elbee, grahamite, shy Tott and Cheshire Pete.

More wisdom and knowledge in an average group of 12 year olds.

What have you been doing all your lives?

[mr.elbee] 30/6/2019 20:16

watch the Trump Kim Moon meeting. Trump has it totally sorted...he is BIG DADDY to the little fat boy who has zero friends.But now he has his pal Donald!

Then look at the same treatment for Macron at the G20...another little boy with deluded sense of self importance...and no friends.

Can you remotely imagine Hilary, or Bill or Obama or any of the other President types, getting ANYWHERE with these difficult children?


Trump is totally brilliant here with everything he says and does and of course the Western...NOT the Korean ...media just slag him off.

He will go down in history as having saved us all...but first please let us all boycott western media outlets...and return to normal ways of thinking and being,more like they have in Asia.

[maxk] 30/6/2019 19:00

Thats well off topic bob, are you not ashamed?



Back on topic:


Ian Fegan 29 Jun 2019 10:10PM
Any word on all the stocks that would be trading much higher except for Brexit caused by the Conservatives and Farage?

Flag
Marc Brumpton 30 Jun 2019 10:29AM
None.

[turvart] 30/6/2019 18:31

Bargainbob,

This goes back to my previous posts of today, Lloy are 20% under in your opinion because they issue over 0.5 BLN shares to employees who then the majority sell into the market at once and Lloy come out with these share buy backs of which are very slow so it’s 2 steps forward and 1 massive step backwards because the 0.5 BLN shares are sold into the market causing dilution and the transaction in own shares don’t keep up fast enough so it’s an on going thing, I’ve always hated this stock for this reason and to be quite frank I personally don’t think I’m going to buy into this again because it’s been their downfall since 2003, the board seem to think they can issue more shares and nobody will notice, this stock will go no where like it did in previous years and decades because of this reason.
The balance sheets and the fundamentals have always been fantastic with Lloy but they go and spoil themselves with these additional listings to pay employees, I’m not saying the employees don’t deserve the bonus, but it should be an internal thing with cash along with their salary it should not be done with issuing more shares because that is cheating the shareholders.

The shareholders are getting cheated with these additional listings, you may not realise this but if you are a Lloy holder of shares then you are getting cheated in a very big way because if Lloy paid cash to these employees bonuses then the fundamentals wouldn’t look so good.

Yes, anyone that says to me Lloy are having share buy backs you are in fact correct, but the extent of the additional listings of some 0.5 BLN shares is in fact having an adverse effect on the share price and that’s why its here now!

I’m a very strong fundamentalist and know my biscuits with fundamentals and although this stock Lloy has great fundamentals it’s going to be forever a painful and very slow ride while the board takes this bizarre view of additional listings into the LSE.

[bargainbob] 30/6/2019 18:20

I would say more a concern for RBS , no way could sandal man nationalise Lloyds.

Also think Lloyds is 20 per cent under valued at moment.

[bargainbob] 30/6/2019 18:16

Sorry guys , advance warning ⚠️

Lloyds related post.

[turvart] 30/6/2019 18:13

La Forge,

Disagree with that, my son even holds the same pension funds as me now and he’s doing very well for himself, there is no way in my book for left wing idiots and no I wasn’t going to let him decide for himself he his my Son and I absolutely hate Corbyn, he his back on track in my eyes and doing very well for himself.

[la forge] 30/6/2019 17:54

Turvart
30 Jun '19 - 16:52 - 3661 of 3661
0 0 0
Montyhedge,
Just seen your post, no way will Corbyn win, I honestly think it’s only brain washed uni students that actually like him lol.

My Son went to Swansea uni, before he went he was a very bright lad, he actually passed a 2-1 degree and when I picked him up to come home he was a brain washed left wing idiot banging on about that poxy Corbyn, it took me about 4 months to get him back into reality.

WHOW YOU BRAIN WASHED HIM IN 4 MONTHS

MY VIEW YOU SHOULD HAVE LEFT HIM TO DECIDE FOR HIMSELF

I AM SURE HE WOULD HAVE COME ROUND OF HIS OWN ACCORD

WE WERE ALL COMMUNISTS, SOCIALISTS AND OR MARXISTS IN OUR YOUTH

SURPRISED HE DID NOT SEND YOU OFF WITH A FLEA IN YOUR EAR

I AM STILL A CAPITALIST CUMMUNIST

AND CERTAINLY NOT A TRUMPIST

[turvart] 30/6/2019 16:52

Montyhedge,
Just seen your post, no way will Corbyn win, I honestly think it’s only brain washed uni students that actually like him lol.

My Son went to Swansea uni, before he went he was a very bright lad, he actually passed a 2-1 degree and when I picked him up to come home he was a brain washed left wing idiot banging on about that poxy Corbyn, it took me about 4 months to get him back into reality.

[adrian j boris] 30/6/2019 16:50

keeping my fingers crossed

[adrian j boris] 30/6/2019 16:48

US-China trade truce leaves markets with big questions
Julia Horowitz byline

By Julia Horowitz, CNN Business

Updated 9:40 AM ET, Sun June 30, 2019
Trump: We had a very good meeting with China

A ShackBurger, cheese fries, and milkshake are arranged for a photograph at a Shake Shack Inc. restaurant in Lexington, Kentucky, U.S., on Wednesday, March 6, 2019. Shake Shack is still failing to bring in more diners as it expands outside its home market of New York in the fiercely competitive restaurant space -- the chain plans to open 36 to 40 company-owned U.S. locations in fiscal 2019. Photographer: Luke Sharrett/Bloomberg via Getty Images
Shake Shack CEO: We have to plan beyond trade war headlines
Indian flags on display in Delhi ahead of independence day celebrations
India escalates trade fight with US, adds new tariffs
This is the worst case scenario for the US-China trade war
U.S. President Donald Trump talks to the media before he departs the White House on June 02, 2019 in Washington, DC. (Tasos Katopodis/Getty Images)
Trump's trade war fuels global recession fear
CEO: Tariffs turn up pressure on my business
A staff member of Huawei uses her mobile phone at the Huawei Digital Transformation Showcase in Shenzhen, China's Guangdong province on March 6, 2019. - Chinese telecom giant Huawei insisted on March 6 its products feature no security "backdoors" for the government, as the normally secretive company gave foreign media a peek inside its state-of-the-art facilities. (Photo by WANG ZHAO / AFP) (Photo credit should read WANG ZHAO/AFP/Getty Images)
What blacklisting Huawei means for the US-China trade war
Huawei and 5G: What's at stake
Jamie Dimon: Trump's strategy on tariffs might have worked
cnnmoney china debt
How Trump's trade war with China could backfire
Trump: We had a very good meeting with China
US moves to loosen China's grip on rare earth minerals
This is what a trade war looks like
Trump rips Federal Reserve chief: I have right to fire him
Blackberrys, iPhones and Android phones sit on white background.
WSJ: US considers ban on 5G equipment made in China
Malaysia PM: China won't kowtow to US trade demands
Why tariffs on Mexico are bad for the US
Blackstone CEO: Trade war won't cause a US recession
A ShackBurger, cheese fries, and milkshake are arranged for a photograph at a Shake Shack Inc. restaurant in Lexington, Kentucky, U.S., on Wednesday, March 6, 2019. Shake Shack is still failing to bring in more diners as it expands outside its home market of New York in the fiercely competitive restaurant space -- the chain plans to open 36 to 40 company-owned U.S. locations in fiscal 2019. Photographer: Luke Sharrett/Bloomberg via Getty Images
Shake Shack CEO: We have to plan beyond trade war headlines
Indian flags on display in Delhi ahead of independence day celebrations
India escalates trade fight with US, adds new tariffs
This is the worst case scenario for the US-China trade war
U.S. President Donald Trump talks to the media before he departs the White House on June 02, 2019 in Washington, DC. (Tasos Katopodis/Getty Images)
Trump's trade war fuels global recession fear
CEO: Tariffs turn up pressure on my business
A staff member of Huawei uses her mobile phone at the Huawei Digital Transformation Showcase in Shenzhen, China's Guangdong province on March 6, 2019. - Chinese telecom giant Huawei insisted on March 6 its products feature no security "backdoors" for the government, as the normally secretive company gave foreign media a peek inside its state-of-the-art facilities. (Photo by WANG ZHAO / AFP) (Photo credit should read WANG ZHAO/AFP/Getty Images)
What blacklisting Huawei means for the US-China trade war
Huawei and 5G: What's at stake
Jamie Dimon: Trump's strategy on tariffs might have worked
cnnmoney china debt
How Trump's trade war with China could backfire
Trump: We had a very good meeting with China
US moves to loosen China's grip on rare earth minerals
This is what a trade war looks like
Trump rips Federal Reserve chief: I have right to fire him
Blackberrys, iPhones and Android phones sit on white background.
WSJ: US considers ban on 5G equipment made in China
Malaysia PM: China won't kowtow to US trade demands
Why tariffs on Mexico are bad for the US
Blackstone CEO: Trade war won't cause a US recession
A ShackBurger, cheese fries, and milkshake are arranged for a photograph at a Shake Shack Inc. restaurant in Lexington, Kentucky, U.S., on Wednesday, March 6, 2019. Shake Shack is still failing to bring in more diners as it expands outside its home market of New York in the fiercely competitive restaurant space -- the chain plans to open 36 to 40 company-owned U.S. locations in fiscal 2019. Photographer: Luke Sharrett/Bloomberg via Getty Images
Shake Shack CEO: We have to plan beyond trade war headlines

London (CNN Business)1. US-China truce: Markets will like the news that the United States and China reached a temporary trade truce this weekend in Japan, where US President Donald Trump and Chinese President Xi Jinping agreed to table new tariffs and continue negotiations.
But uncertainty about whether a meaningful agreement can be finalized could loom over markets in the second half of the year.
Existing tariffs remain in place and will continue to hit businesses. And the administration's position on Chinese tech giant Huawei remains murky, which could make the tech sector jittery.
"The temporary agreement does little to resolve the fundamental conflicts over trade issues that broke down talks in May and does not amount to a sustainable solution for Huawei," wrote analysts at Eurasia Group, a political risk consultancy.

Global stock markets rallied spectacularly in the first six months of 2019. The S&P 500 jumped more than 17%, recently notching an all-time high. The Dow increased a similarly impressive 14%.
In China, those gains were even greater. The Shanghai Composite rose more than 20%. (Hong Kong's Hang Seng saw a more moderate 10% increase.)
Yet there have been signs of fragility. When Trump suddenly said he would increase tariffs on China in May, stocks plummeted. And most analysts attribute their current levels in large part to the assumption that the US Federal Reserve will cut interest rates in July. Chairman Jerome Powell has indicated that a rate cut could be in the cards, but the timing and magnitude of any move remains an open question.
The decision by the United States and China to keep talking could slightly improve sentiment among business leaders as they look toward the future.
The main problem is that US tariffs on $250 billion worth of Chinese goods remain in place, as do Chinese retaliatory tariffs on US exports. That will continue to hit corporate profits. And the longer these tariffs remain in force, the more companies think about spending to shift their supply chains — an expensive endeavor that could prohibit spending in other areas.
The US position on Huawei also remains ambiguous.
Trump reversed course on Huawei. What happens now?
Trump reversed course on Huawei. What happens now?
Trump said this weekend that he would again allow US companies to ship components to Huawei that don't threaten US national security, an apparent reversal after his administration blacklisted the smartphone and telecom equipment maker in May. He cited pressure from US tech companies as contributing to his decision.
It's not clear, however, exactly how the United States will alter its export ban to meet this standard, and whether it will give Huawei access to crucial US parts for all lines of its business. The Trump administration also faces significant domestic political pressure to continue its broadside against Huawei, which US politicians agree poses a national security threat.
"Trump's intermingling of Huawei and trade talks makes both more complex," the Eurasia Group analysts said.
2. OPEC meeting: OPEC meets in Vienna on Monday and Tuesday. The main agenda item: whether member countries will extend production cuts that expire at the end of June.
Russia and Saudi Arabia have reportedly already agreed to extend cuts by six to nine months.
S&P Global Platts predicts that the group will agree to rollover current cuts through the end of the year, but won't move to trim production any further. Markets agree.
Such a move could prop up prices at a volatile moment. Oil has been on a wild ride with conflicting signals making it difficult to guess if prices are broadly heading higher or lower.
Brent crude, the global benchmark, finished Friday at $66.55, up 2% for the week. US prices rose 1.8% to $58.47.
Geopolitical tensions in Iran and Venezuela have raised concerns about constricted supply, pushing prices higher. Yet there's also been recent evidence of excess supply as global economic growth slows. Higher stockpiles drove oil into a bear market earlier in the month.
3. Jobs report: The US Labor Department will release its monthly jobs report on Friday.
Economists polled by Refinitiv expect the unemployment rate remained at a steady 3.6%, with the addition of 165,000 jobs. That would represent a bounce back from the 75,000 jobs added in May, but a slight slowdown from the 175,000 jobs created on average over the past six months.
Any sign of growing weakness could send stocks lower and bolster the case for a big interest rate cut from the Federal Reserve in July.
Other indicators, such as consumer sentiment and durable goods orders, have been dragged down in recent months, in part because of ongoing trade tensions.
4. India's economy: The Indian government led by Prime Minister Narendra Modi will publish a key economic report and present its annual budget this week as it tries to get its economy back on track.
GDP growth slumped to 5.8% in the quarter ended March — the slowest rate in two years — meaning India lost the title of world's fastest growing major economy to China.
And things may be even worse than official figures indicate. A former government adviser warned earlier this month that growth in recent years may have been "a significant overestimation" because of a change in the way it was calculated.

5. Coming next week:
Monday — OPEC meeting; US and German manufacturing data
Tuesday — German retail sales
Wednesday — US markets half day; US balance of trade for May
Thursday — US markets closed
Friday — US jobs report

Lydia DePillis and Rishi Iyengar contributed reporting.

[turvart] 30/6/2019 16:47

Let’s hope so Adrian, it’s about time the 100 index pushed through 8000, the yields are getting higher and PE ratios lower in the index so it’s basically cheap, IMO the index is priced lower than just after the US invaded Iraq the PE ratios are actually lower now than then.

[adrian j boris] 30/6/2019 16:30

tur

thats my point

just like salary

an immediate impact

looking forward to excitement next week if trumpet antics are take positively

[montyhedge] 30/6/2019 16:27

If general election and it's looking odds on after 31st Oct when another no deal result. Some say Corbyn will win, watch out banks if he did.

[turvart] 30/6/2019 16:24

Hi Adrian,

I’m not sure either when they can actually sell, but I’m under the impression they can sell once they have them.

Sorry I disagree with cash to share price impact, because in my eyes it would be an internal issue just like paying salary.

[adrian j boris] 30/6/2019 16:08

Turvart
30 Jun '19 - 16:00 - 3654 of 3654
0 0 0
Hi gaffer your right, trouble is they recently issued over 0.5 BLN shares to employees and once they get them the majority sell so it drops the SP, it would make more sense to just pay their bonuses in cash.


i thought they have to keep for a certain length of time,some do not sell and save them for a rainy day

Not sure when the delayed reaction kicks in

In some companies it might well be years,


another thought, if they were given their so called bonus in cash, the hit obviously would be immediate with a possible share price impact

what comes around, goes around

Are we really sure that the annual bonus share impact is substantial compared with annual share buybacks

[xxxxxy] 30/6/2019 16:05

Boris for PM

Boris for PM

Boris for PM

[xxxxxy] 30/6/2019 16:04

David Price
Posted June 30, 2019 at 8:01 am | Permalink

Imagine we are not members of the EU and are offered the situation we have now – no tariffs but all laws, regulations, industrial, commercial, border, trade and financial affairs are dictated by the EU where our economy makes a net loss from the relationship and we must pay the EU to boot. Why would we ever chose to join it.

The EU has been punishing the UK since we have been members and they could restrain our adaption and response. With us outside the EU they will have to be much more carefgul, if they wish to retain the benefits of access to our internal market and cooperation. Of course this all depends on the civil service and political establishment that appears to have done it’s best to represent our interests in the worst possible way for the last 40 years.

[minerve 2] 30/6/2019 16:01

Asked about a report in the Times that two civil servants had said Mr Corbyn was "too frail" to become prime minister, Mr McCluskey said it was "disgraceful" and untrue.



I told you the civil service had a right wing cancer at its heart.

[turvart] 30/6/2019 16:00

Hi gaffer your right, trouble is they recently issued over 0.5 BLN shares to employees and once they get them the majority sell so it drops the SP, it would make more sense to just pay their bonuses in cash.

[adrian j boris] 30/6/2019 15:59

HomeLatest NewsNo Cash and No Branch? Nah! Young Consumers Want Bricks and Mortar Services.

Banks
Big Picture
Latest News
No Cash and No Branch? Nah! Young Consumers Want Bricks and Mortar Services.
by The Fintech TimesJune 30, 2019
The rush to close high street bank branches may be premature, according to the latest research from digital product agency, Somo. Young adults (18-24) starting out on their banking journey claim to use a bricks and mortar branch more than 25-44 year olds.

A staggering 41.7% of the 18-24 year age group surveyed state that a branch is the main place for them to do their banking. This is at odds with the record rate that bank branches are closing around the country; more than 60 a month, according to Which?.

In contrast to their younger peers, the 25-44 year-old group prefer to manage the majority of their banking online or via mobile, despite having more numerous and more complex banking needs.

The disparity in behaviours between the two groups so close in age speaks to the need for financial services to recognise the different life-stages and needs of customers and thus offer a blended approach, by fusing digital and physical products and services.

This desire for combining digital in-branch is echoed in the research. All age groups wanted shorter queues while better self-serve options like kiosks came second. Face time with advisors was most valued by the 25-34 age group which was prioritising budgeting and were the most likely to seek personalised advice.

The new research which surveyed 1000 UK adults also revealed:

The majority (63%) of UK banking customers prefer to interact with their bank(s) online, but a further 23% still want to visit a branch.
Contactless payments is preferred by 38% of Brits, but 33% would use card or cash and another 27% would prefer to use cash only.
Over half (56%) of Britons still use bank branches to deposit cheques while 44% use it to deposit or withdraw large sums. Over a third (35%) said it was the main place that they banked.
43% of Brits are either very or somewhat negative about a cashless society.

Access to digital banking is more important than ever, providing convenience as well as actively helping people understand and manage their money better. But there is growing evidence to suggest that it is important to offer consumers choice, and that a move to the so-called ‘cashless̵7; society may be too rapid for some groups of customers, and will have a negative impact on communities and other businesses.

Which? found that cash machines were disappearing at a rate of nearly 500 a month between June and December 2018. The Labour Party has proposed a publicly-owned banking network, Post Bank, to be based within the Post Office network, providing up to 3,600 branches nationwide. The Party’s shadow chancellor, John McDonnell, said: “Poor access to local bank branches hurts our town centres and local communities, particularly affecting elderly and more vulnerable customers, as well as damaging the ability of local small businesses to invest.”