Lloyds Banking Share Discussion Threads

[alphorn] 02/1/2020 12:07

M2 - Lol.

I think the idea that someone posted to get a specialist in with a camera is probably the best in the long run. A friend in the wilds of the Dordogne has the same problem and the local specialists sorted it with their equipment very cheaply.

[minerve 2] 02/1/2020 12:03

cheshire

Thanks. I may invest in a camera on string system. Just had a sweep use one to check the integrity of two chimney flues.

[minerve 2] 02/1/2020 12:01

Alphorn

Yes, there is a kitchen feed.

Funny you should mention Chelsea players. I nearly bought a house in Windsor next door to Petr Čech.

They get around a bit don't they on all that Russian State funding by proxy! Yeltsin must be so proud. LOL

[alphorn] 02/1/2020 11:46

J - good to read other views. In a nutshell much is surprisingly positive - can it continue to surprise???

[mr.elbee] 02/1/2020 11:42

The “consensusR21; on climate change – based on the statistic that 97 per cent of scientists agree – is not only groupthinkishly unscientific in spirit, but also invalid."

This statement is correct, but it's worth expanding upon There is a scientific consensus on climate change and the role of human-generated CO2 within it, but it is extremelty circomspect and in no way supports the political consensus.



The scoentitif consensus is that the climate is changing, specifically warmingat a modest rate, and that it is likely that this change is in part affected by the extra CO2 humans are putting into the atmosphere.



The does not support any certaintybeyond that point, but it is important to define what the science actually is at this point; it certainly includes the vast collection of scientists and institutions that collect and analyse observational data, but crucially it does not wholly include the work on the General Circulation Models, more often simply known as the computer models. In an ideal world where poltiical forces stay out of how science is conducted, these too would be scientifically controlled, but they are not; they are designed to produce predictions that serve political expectations. The truth of this claim I make here is supported simply by the fact that the models have been predicting the future for 30 years or so by now, and have always massively overestimated the warming trend, to a degree that should by rights have meant that the modelling is dismissed as hopeless.



Without the computer models, the extent of confidence that the science can express in the politics is extremely modest, and connot support the following commonly accepted notions:



1) That the warming trend obserrved is dominated by human activity

2) That the warming trend is or will be amplifed by a water vapour feedback effect

3) That the rate of warming is dangerous in the near or medium term

4) That the warming trend is part of a system possessing a tipping point beyond which it will be impossible to return

5) That the only rational response to the apparent dangers is to decarbonise humanity's energy and industrial systems

6) That the only acceptable ways for this decabonisation to proceed is via energy harvesting technologies sich as wind and solar, not with contrallable platforms such as nuclear power



The six points listed above, if rejected on a sceptical basis, tend to draw accusations of denialism from those who support the political orthodoxy of climate change, but such accusation are themselves denialist, because the statements in question have no scientific justification.

[poikka] 02/1/2020 11:42

No more Abu Hamza fuggin about :)

[cheshire pete] 02/1/2020 11:40

Min: Can also get contractors with CCTV cameras to identify blockages in drains, then clear / repair as necessary. Insurance companies use them sometimes for assessing claims.

[cheshire pete] 02/1/2020 11:26

We're on a septic tank, occasionally get the drain rods out maybe every few years but no problem and save a packet on reduced water rates. Re-invest it in LLOY lol.

[cheshire pete] 02/1/2020 11:19

Become a landlord m2, all you need to do is keep on top of the maintenance and attract and keep good tenants and watch the dough come in. Saves messing around with all these shares going up and down lol. Sounds like you'd be on top of the plumbing anyway.

[crossing_the_rubicon] 02/1/2020 11:13

10y money at 1%...

Why a reckoning is coming.

"FAKE WEALTH EXPOSED BY GRANT WILLIAMS AND EGON VON GREYERZ"



When the debt implosion comes it's going to be really bad. So many are unprepared for such.

[alphorn] 02/1/2020 11:08

M2 - any kitchen feeds with potential fat 'bergs'? I bought a house from a Chelsea player who obviously liked fry ups - blocked up the system. :(

[alphorn] 02/1/2020 11:04

M2 - ADVFN only seems to have successful private investors as posters. Only winners who avoid all share price falls. I would like a piece of that world for 2020. Lol

[minerve 2] 02/1/2020 11:04

Thanks Patient.

I did consider tree root issues etc. Not obvious that any are near the path of the sewer system.

Nevertheless, I appreciate your help. :)

[minerve 2] 02/1/2020 10:58

Utrickytrees 2 Jan '20 - 07:57 - 288287 of 288302

"M2 their are millions of people who live off investments alone. Many are pensioner's"

Well I'm afraid that will be a thing of the past unless annuities return to normal rates. I doubt many people will be able to save enough for a pension when they are indebted for life on house purchases and student debt and their ability to save is further hindered by landlords who charge more than equivalent mortgage rates on property.

£250K will get you about £9K a year - last time I looked, which was a while back. Fat chance of people saving that in the future. No more gold laced pensions, no more privatisation of utility gifts and little chance of super UK GDP growth. If we get good UK GDP growth it is more likely the result of an unsustainable Boris Ponzi rather than the result of decent infrastructural/policy changes that of course take many years, if not decades.

"I would say that if you are a successful private investor with no other sources of income you have to enjoy it & know what your doing."

Yes, that's me pretty much. I target a 6% per annum return and live off of that. Setting a modest target means you don't need to go chasing rainbows.

"What do you think Lloyd's will do with the money they're not having to set aside for PPI out of interest?"

Sorry, I can't help you there. I have absolutely no idea and wouldn't like to second guess the BOD. I am not a Lloyds investor so that is perhaps best answered by others here.

[patientcapital] 02/1/2020 10:57

Have you any salix near your soakaway if you aren't connected to mains drainage? Root systems of this family of trees make a bee line to moisture and literally block outflow pipes. Most of these are perforated. The result of this is that your septic tank will be backing up so to speak hence the problem further "upstream".

[cheshire pete] 02/1/2020 10:53

Sounds like you need a good plumber M2 lol.

[cheshire pete] 02/1/2020 10:51

Anyone else recall Blair saying something about 'bearing the scars on his back' for trying to change the Civil Service. Let's hope Boris and Cummings have more success in shaking it up for the better. Rachel Wolf in DT today talking a lot of sense.

[minerve 2] 02/1/2020 10:46

mm2

My downstairs toilet is burping mm2.

How about helping me resolve this problem....

Could it be the venting stacks are clogged and where will these be?

I have several attics and I have no pipes sticking out the roof.

[mikemichael2] 02/1/2020 10:42

Hey up, he's up.

[gotnorolex] 02/1/2020 10:42

Multi department portfolio working is to be introduced very soon, to get people out of their hiding places in the great institutions!

[minerve 2] 02/1/2020 10:41

The procurement process for naval ships has been reviewed in detail only recently. There were some good recommendations that came out of it and some have been implemented in the process for the Type 31 Frigates. Cummings is quite entitled to his own opinion but I don't see why he should be allowed to have any input in this process.

[minerve 2] 02/1/2020 10:35

Boris and Cummings just can't handle an intelligent and strong civil service. We should all be concerned because a strong civil service that has the ability to question and has an inherent inertia is beneficial to all of us IMO.

Just another step to Boris dictatorship/fascist state.


Prepare Ye!