Lloyds Banking Share Discussion Threads

[excell1] 02/8/2019 21:20

Incidentally chaps, now we are out of trading hrs and almost the w/end. Your comments would be appreciated on the following:- Which way are interest rates going in the UK.
Have a lump sum (apart from my trading amount).Don't really know what to do with it. I don't fancy property again and don't wish to risk to much of it on get rich quick schemes. So what do I do?
a)Stick it in safe long term bonds with FSCA backing.
b)Place a nominal amount in Peer to Peer.
c)Place a nominal amount in Premium Bonds.
d)Retain large amount in easy access paying merely 1.5% interest.
Would like to consider others if you have any suggestions.
There are two of us so any investment could be split to make it more tax friendly.

[bargainbob] 02/8/2019 21:11

The UK as we know it is finished if we leave with no deal. It will only be EW.

[sentimentrules] 02/8/2019 21:10

Much of the UKs 350 million a week goes into other European infrastructures such as bridges in Greece, Poland, Bulgaria etc.

Whaley bridge gets sandbags

[patientcapital] 02/8/2019 21:08

Trident not Polaris.

[k38] 02/8/2019 21:08

The best outcome for UK is a no deal scenario. The UK, as we know it, is finished if we don't leave by 31.

[minerve 2] 02/8/2019 21:05

Sorry Jacko, I apologise for my previous post. It wasn’t called for. It is deleted.

I hope you reach 100 old boy. I’d love the opportunity to send you a card.

Hope you have a good weekend.

[gaffer73] 02/8/2019 21:05

You mean the EU is. The UK will thrive.

[bargainbob] 02/8/2019 20:59

The UK is finished if no deal Brexit happens .

[drectly] 02/8/2019 20:56

He just sold to pay the tax on his free shares. It seems good value at this level, but then I also thought that when I bought at 58p.

[excell1] 02/8/2019 20:56

We voted to get out of the EU in the referendum. No if or buts.
So get on with it.

[cheshire pete] 02/8/2019 20:53

Naïve beyond belief if anyone thinks mr.elbee's 25 points would never happen.

[k38] 02/8/2019 20:47

It is easy to forget things like the last Italian bugged. Not only you losing control on everything but as someone mentioned.. you are going to forget what the pound use to look like in a couple of years and the worse thing is you will not have a say this time.

[andycapp1] 02/8/2019 20:33

Elbee you are a deluded fool. Most of those are preposterous, the others I simply don’t care about. At all.

[kenny] 02/8/2019 20:24

Also don't like the fact the MD has sold more than 20% of his holding at under 53p. Does he not have confidence in the company's future?

[careful] 02/8/2019 20:06

Elbee.

So many daft claims on your list.

You say 'the UK will lose control of its taxation policy.'
that is awful, you see your chancellor stand up every year and spend £800bn, nothing to do with the EU.
Corbyn if he wins will implement radical tax plans, nothing to do with the eu.

'The uk will lose control of its armed forces including nuclear deterrent'.
America provides our Polaris/Trident system, I am sure Trump would not complain if the eu. took it over.

That and many other points are so stupid, remainers are rarely stupid, Brexiteers seem so ignorant sometimes.

Someone said 'good post'. He must be being sarcastic, laughing at you.
Your post was funny.

[xxxxxy] 02/8/2019 20:05

Brecon wae not a disaster . But it wAs a a WARNING

[xxxxxy] 02/8/2019 20:04

PS you really don't want to know

[xxxxxy] 02/8/2019 20:03

Quick reminder. As on Brains and cricket. The UK will eventually have to join the euro if staying. Disaster and lots more. Billions of liabilities beyond 39 billionLEAVE and WTONos daCymru am byth

[cheshire pete] 02/8/2019 20:01

Good post mr elbee, wait for the reply....if there is one.

[careful] 02/8/2019 19:58

As for the price of Lloy shares, one of my key holdings, I am surprised that it is this low and is struggling.

A downturn in the property market, or this growing car finance problem is worrying if there is a downturn.

My worry is that the economy will turn down significantly, and that Carneys warnings and all of the so called project fear gang, are way understated.

Once house prices start to slide, so many buy to ley investors will wish to bale out that there will be a real crash as happened in Spain, America and Ireland during the financial crises.

Carney has warned about stagflation caused by a collapsing £.
If inflation takes off and the £ gets weak, he will have to put up interest rates at just the wrong time.

He has been trying to tell you of the risks, but you are deaf to it.

Maybe the treasury has been wrong too often in the past, but these risks are real.

[mr.elbee] 02/8/2019 19:50

so life would have just"trundled on" Andy would it?

Look at the list of what happens if we stay in the EU


1: The UK along with all existing members of the EU lose their abstention veto in 2020 as laid down in the Lisbon Treaty when the system changes to that of majority acceptance with no abstentions or veto’s being allowed.
2: All member nations will become states of the new federal nation of the EU by 2022 as clearly laid out in the Lisbon treaty with no exceptions or veto’s.
3: All member states must adopt the Euro by 2022 and any new member state must do so within 2 years of joining the EU as laid down in the Lisbon treaty.
4: The London stock exchange will move to Frankfurt in 2020 and be integrated into the EU stock exchange resulting in a loss of 200,000 plus jobs in the UK because of the relocation. (This has already been pre-agreed and is only on a holding pattern due to the Brexit negotiations, which if Brexit does happen, the move is fully cancelled - but if not and the UK remains a member it’s full steam ahead for the move.)
5: The EU Parliament and ECJ become supreme over all legislative bodies of the UK.
6: The UK will adopt 100% of whatever the EU Parliament and ECJ lays down without any means of abstention or veto, negating the need for the UK to have the Lords or even the Commons as we know it today.
7: The UK will NOT be able to make its own trade deals.
8: The UK will NOT be able to set its own trade tariffs.
9 The UK will NOT be able to set its own trade quotas.
10: The UK loses control of its fishing rights
11: The UK loses control of its oil and gas rights
12: The UK loses control of its borders and enters the Schengen region by 2022 - as clearly laid down in the Lisbon treaty
13: The UK loses control of its planning legislation
14: The UK loses control of its armed forces including its nuclear deterrent
15: The UK loses full control of its taxation policy
16: The UK loses the ability to create its own laws and to implement them
17: The UK loses its standing in the Commonwealth
18: The UK loses control of any provinces or affiliated nations e.g.: Falklands, Cayman Islands, Gibraltar etc
19: The UK loses control of its judicial system
20: The UK loses control of its international policy
21: The UK loses full control of its national policy
22: The UK loses its right to call itself a nation in its own right.
23: The UK loses control of its space exploration program
24: The UK loses control of its Aviation and Sea lane jurisdiction
25: The UK loses its rebate in 2020 as laid down in the Lisbon treaty 26: The UK’s contribution to the EU is set to increase by an average of 1.2bn pa and by 2.3bn pa by 2020


Twenty five points for you to argue against Andy? Come on then!

[likeawalrus] 02/8/2019 19:47

second day with no buybacks and the share price drops hard, so maybe we have underestimated how much the daily buybacks have underpinned the sp

[careful] 02/8/2019 19:47

Time will tell.
We have managed to have the benefits of being in the EU. without being fully in.
Our own currency and central bank and we still remain the Worlds leading financial centre.

We are a great country, 5th richest as measured by GDP.
what we can ever know, is how much of our current success is because of our eu. membership.

I am a conservative (small c), status quo sort of bloke. Why risk it, if it ain't broke don't fix it.

Brexiteers argue that the EU.is holding us back, a liability, and run by evil scheming Germans. And that is after almost daily tv bulletins which should have by now educated them as to how it all works.

we all know how things are now and that they have functioned well for years, but those who want to take the risk of throwing it all away I will never understand.