Lloyds Banking Share Discussion Threads

[maxk] 26/7/2019 16:05

End of the world .. official?

[careful] 26/7/2019 15:59

All of this talk about a quick election.

That worries me, there are more things in life than Brexit.
What a messy coalition could emerge.
It would be messier than now.


And this talk of a second referendum.
That would be messy and would only help if there was a massive margin one way or another.
I see chaos ahead.

Already Johnson is being told no re negotiation.
What next?

[careful] 26/7/2019 15:51

Cummings is still celebrating his Brexit referendum scam.

Every day vulnerable old people are scammed out of their life savings.
Sometimes a fake policeman collects the money from them on their doorstep to 'keep it safe'.

Cummings scammed a lot of vulnerable old people during the referendum. 'take back control', Boris's bus numbers, easy trade deals, cake and eat it, immigration control.

You have to admire these scammers, reminds me of the film 'The Sting'.

[careful] 26/7/2019 15:37

I see the EU. are not prepared to re negotiate.
Repeated today, just announced.

Boris seemed to believe they were bluffing, his strategy is un ravelling on day 2.
Everyone thinks the EU. will blink first because they want a deal.

They are not bluffing in my opinion, the deal is done.

We must take it or leave it.

[maxk] 26/7/2019 15:36

And Boris has made a mistake.




Read the comments

[careful] 26/7/2019 15:26

Not sure the 738 max problem is just about software.
Engine position is wrong, a serious basic error.
They had hoped to control this tendency to stall at full power takeoff by sensors and software controlled systems.
A sticking plaster, but one much used on unstable military strike aircraft.

[minerve 2] 26/7/2019 15:16

Why not look up 'Poles' and 'Zero's in control theory.

It isn't about the Polish (Poles) and Brexiters (Zeros) I can assure you. ;)


ROFLMAO!

[likeawalrus] 26/7/2019 14:58

circa 74m shares (about £42m) traded drops the share price 1.4% or about £560m off the mkt cap. I appreciate the share price is mainly about supply and demand but it does seem odd that such a small turnover can affect the share price so much. Put it this way, if today's buys were sells and sells were buys, the share price sure as hell wouldnt go up 1.4%

[montyhedge] 26/7/2019 14:50

Weak sterling buy FTSE 100 overseas earners, Vod, Shell, GSK, sell domestic sterling especially banks, odds on general election not good for banks the Corbyn factor.
Also interest rate coming down everywhere, not good for margins. Thats my view.

[minerve 2] 26/7/2019 14:48

UK garage fire sale!

Come along foreigners, Brexiters in their infinite wisdom for increased world power and influence, would like to sell you all the assets (that they might achieve this by) very cheaply!

We will become the first Vapour Wear World Power!

Clever DUDEs aren't they!

ROFLMAO!

[minerve 2] 26/7/2019 14:45

"Great, getting cheaper to buy all the time."

Lloyds, the whole of the UK, or us?

ROFLMAO!

[poikka] 26/7/2019 14:44

52p bottom, anyone? Place your bets.

[mikemichael2] 26/7/2019 14:42

Great, getting cheaper to buy all the time.

[eurofox] 26/7/2019 14:42

clearing out a few stops

[minerve 2] 26/7/2019 14:34

GOING DOWN!

LOL

Cheaper and cheaper.

No Deal Brexit and Lloyds long investment (ATM) should be mutually exclusive, no?

ROFLMAO!

[minerve 2] 26/7/2019 14:07

So Boris is intent on 20,000 new policemen and women. On the face of it, it seems a good idea. But isn't it just addressing the symptoms and not the cause? If the Tory party screw local funding then youth centres get closed and then boredom, lack of decent adult influence and positive pastimes lead to crime. You don't solve that by just having more policeman on the beat. Wouldn't the money be best spent on new playing fields and youth centres? Once the policeman and women are recruited that is commitment that has to be paid year after year after year including nice little golden nest eggs for a section of society that doesn't require much skill, many professionals get rewarded less. Seems to go against the Tory belief of conservatism, no? And Boris, the Tories, seem hell bent on delivering what the electorate want. Really? I didn't see a clear and transparent No Deal vote as the majority! Do you you think there is an assumption there of what the mandate is and who owns it? If he wants to serve the electorate why not deliver the Tory manifesto and what they were voted in on? Was the Manifesto prescribing No Deal? Was there an extra 20,000 policeman and women also prescribed? This has just become an execution of the ideas of Boris, behaving still like the mayor. Is this democracy as demanded and dreamt of by the Brexiters?

Now Farage is in the US raising funds? Why does he need to do that? Surely he has enough support here. I thought Hard Brexiters had the majority? What is the problem then? Is it sovereign when you need foreigners to fund your party? What will they want out of it? Who are they? Are they transparent? What are their motives? At least with the EU we know. We have no idea about the real motives of Farage & co but we can have a good guess if we have some intelligence. Most of the BB here will probably struggle. 🙄

Reality check: The Tories are just worried about Farage, everything else is second. Farage isn't interested in the UK electorate, he and his pals have other ideas and are not concerned by UK sovereignty, democracy, immigration or curved bananas. In fact sovereignty is the furthest from their minds.

Time to wake up fools.

[aceuk] 26/7/2019 14:03

You're always good for a laugh smartypants :)))

[smartypants] 26/7/2019 13:58

Does Lloyds have any thing to do with mortgages?..When are the next results out?

TSB takes further £36m charge over IT meltdown

TSB has taken a further £36m hit over its IT meltdown last year and revealed its profits were being squeezed by tough competition in the mortgage market.

The lender said it had "begun a new chapter" in the wake of the fiasco as it reported a £21.1m pre-tax profit for the first half, compared to a £107.4m loss a year ago.

But it is still paying for the disaster and added a £36m charge to the £330m sum spent in 2018 to cover costs including customer compensation, fraud and extra staff to fix the problems.

The meltdown saw up to 1.9 million digital and mobile banking customers left unable to access their accounts after the botched migration of their data records from TSB's former owner Lloyds to a new IT system owned by Lloyds.

The bank said earlier this year that it had lost 80,000 customers in the wake of the IT meltdown.

Its latest results showed customer deposits increased by £700m, or 2.6%, during the first half of the year though the lender did not say whether the number of accounts had decreased or increased.

"These results show we're already on our way to building on our strengths to shape TSB's future success."

Stripping out the IT costs, underlying profits were down 28% to £57.6m - blamed on competitive pressure in the mortgage market hitting margins as well as waning appetite for higher margin unsecured loans.

The results come after another Spanish-owned lender, Santander UK, reported a 36% fall in half-year profits to £575m, also blamed on competition in the mortgage market.


profits were down 28%... Santander UK, also reported a 36% fall in half-year profits?

Some one is on for a big bonus!

[alphorn] 26/7/2019 13:29

M - same thought as I was reading some stuff this morning.

[minerve 2] 26/7/2019 13:27

Who are the real traitors?

[minerve 2] 26/7/2019 13:26

Brexit, by its very nature, is unpatriotic, as is anything which makes the UK poorer or reduces its influence.

[pally12] 26/7/2019 13:17

This is being held back to aid buybacks

[careful] 26/7/2019 13:14

Obama wanted us to remain.
Trump wants us to leave.
...who next.


The problem with an American trade deal is that it is all about what they can sell to us.
Surplus food in particular, but there are many other areas.
Having broken the long standing and successful joint European Aerospace projects, the Tornado, Jaguar, Typhoon come to mind, and the latest generation strike aircraft the Tempest, looks as though it may not even go ahead. Then we may be forced to buy American equipment.

Europe's attempt to be independent on the cripplingly expensive joint aerospace projects, may be smashed up as it is the UK that leads these projects, although they are jointly funded.
We shall be forced to buy American equipment going forward, as we already do with our so called independent nuclear deterrent, the submarine launched Trident missile programme.
Also the strike aircraft for our new carriers, which soak up so much of the Navy's defence budget are for the highly priced Hornet Aircraft.
Some argue that this aircraft is dissapointing.

I have not read anywhere anyone within the aerospace industry who is not worried about the effects of Brexit.

Divide and rule is the American objective.