Lloyds Banking Share Discussion Threads

[jacko07] 10/1/2020 13:02

Don't agree with George Soros's politics but anyone who can bet against the BofE and win has got to be pretty smart.
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Cheshire..George Soros didn't have to be that smart against John Major, even the Chancellor at the time of entering the ERM Norman Lamont warned Major that the ERM was going to be bad for the UK. Thatcher was against it, all of the Eurosceptics were against it. However, Europ Johnny and his boyfriend Heseltine wanted it, of course Hezza did, he has always been up to his neck promoting Europe.

Soros, shrewd boss of the Quantum hedge fund, didn't have to be that clever, he was just one of many who shorted the pound. Major was possibly the worst Tory PM this century, far worse than Heath.

I remember back to the time, with FX markets and stockmarkets feeling the flack, Norman Lamont found Major in the treasury where he hadn't a clue what was happening on Black Wednesday, Lamont took a pocket radio to the comatosed John Major so that Major could listen to the meltdown report on the BBC news. The pound in freefall, stocks in freefall and Major hadn't a clue.

And who were two of the great Brexit Bashers recently, John Major and Michael Heseltine. Good luck to Soros, they should have made him Chancellor!

BTW, mentioning Minerve along with Soros is like mentioning a Ferrari v a Trabant, Minerve being the east european set of wheels.

[alphorn] 10/1/2020 13:01

cheshire - honest answer - good for you.

I have almost always backed my views - it is the way I am and it encourages one to focus more closely. Writing stuff down helps me a lot too. For clarity my time horizons are out 3-6mths; never very short term.

[gbh2] 10/1/2020 12:40

Name a Large company that hasn't a Boardroom full of fiddlin' barstewards?

[minerve 2] 10/1/2020 12:38

OK cheshire. :)

Go with what you are happy with, if it works for you.

By-the-way, I know you follow JMAT, are you aware that hybrids require more palladium in their catalytic converters because they need to reach peek performance more quickly at lower temperatures?

[cheshire pete] 10/1/2020 12:29

Fair point Minerve, though if they are self made it can be a good pointer. Don't agree with George Soros's politics but anyone who can bet against the BofE and win has got to be pretty smart. Captains of industry generally pretty smart although they can still get it wrong.

[eeza] 10/1/2020 12:28

Banks are all fiddlin' barstewards - the next disaster is just waiting to be discovered. There is nothing that they could fiddle that they haven't fiddled.
Other than a violin.

When the 1st CEO goes down for 20years the word will go out in a split nano-second - " Stop all fiddling immediately".


Until then.......

Business as usual.

[grahamite2] 10/1/2020 12:26

I pick up on things like Goldman Sachs one minute saying they're re-locating from UK to EU land and next minute they're not...

Like the Hollywood stars who say they'll move to Canada if Trump (or Bush or whoever) is elected but never, ever do.

This is one of the things about getting older - you've seen all this sort of posturing before. It's one reason all the talk of disfranchising older people in the referendum was so utterly ridiculous.

[minerve 2] 10/1/2020 12:21

"I look to see what smarter people than me are doing"

How do you know who the smart people are if you are not smart enough yourself to judge?

[cheshire pete] 10/1/2020 12:16

Alphorn: "cheshire - "UK will prosper outside the EU".

Based upon what exactly? Your tea leaves? If IYO then say so.

I hope that nobody ever follows your market assessments - that is if you ever have any."

Market assessments lol, a humble man from the plains who doesn't understand such things and isn't 'in the know'. I prefer to live on my wits. I pick up on things like Goldman Sachs one minute saying they're re-locating from UK to EU land and next minute they're not and I ask why would that be if the UK really was about to go belly up? I look to see what smarter people than me are doing and what is going on in the world. Opportunity everywhere for those who observe, not all about what economists and pundits say, although sometimes right.

[coolhandfluke] 10/1/2020 12:10

No shorts above half pct at this time.Having bought about 25000 shares at 65.5p just after election results, thought it would be gentle upward ride through to results in Feb. Oh well, put them with the lot I bought few years ago above 80p and hope for a special divi rather than bye back.

[alphorn] 10/1/2020 12:09

scruff - they seem to have been 'accident prone'. :(

[grahamite2] 10/1/2020 12:02

It is possible to support the monarchy and the crown and yet have no interest in the activities of the various family members. That sort of stuff is pretty much for readers of Woman's Own and Now magazine.

[minerve 2] 10/1/2020 11:57

What Harry and Meg are doing is simple laughable. Created their own website using Royal references and names to say they are stepping back from Royal duty but want to keep their house and other Royal privileges is ridiculous.

They are acting like a couple of adolescent, love struck imbeciles.

Royal snowflakes, for sure.

[ladeside] 10/1/2020 11:55

Yes, I ALWAYS SAID YOU WERE A ROCKET............

[minerve 2] 10/1/2020 11:53

Patriotism and republicanism are not mutually exclusive.

[cheshire pete] 10/1/2020 11:51

I do, but then I'm a patriot.

[ladeside] 10/1/2020 11:44

Who gives a toss about the Royals ?

[gbh2] 10/1/2020 11:44

The Institutional Traders have and are always in control of the share price so we'll only see "optimism" when they decide to cash in their short.

[stonedyou] 10/1/2020 11:37

History is made as MPs FINALLY formally approve Brexit deal by 330 to 231 after three years of bitter wrangling and deadlock



•EU Withdrawal Bill has been given its third reading by the House of Commons

•It is the final major hurdle that the so-called WAB had to clear in the Commons

•Legislation will now head to the House of Lords for further scrutiny next week

•Government hoping WAB becomes law by January 22, UK leaves EU January 31

•Result of today's vote was never in doubt after Boris Johnson's election victory



MPs have finally given their formal backing to Boris Johnson’s Brexit deal after more than three years of bitter parliamentary wrangling over the UK’s departure from the European Union.

The historic EU Withdrawal Agreement Bill cleared the Commons this afternoon - despite Labour opposition - as MPs gave the draft legislation its third reading by 330 votes to 231, a majority of 99.

It is the final major Commons hurdle which the so-called WAB had to navigate and it will now head to the House of Lords next week for further scrutiny before the UK leaves the EU on January 31.

Remainer peers are expected to table a wave of amendments but ministers are confident that the Lords will eventually bow to the will of the elected House.




They hope the WAB - the legislation which is needed to deliver an orderly Brexit at the end of the month - will make it onto the UK statute book by January 22.

Today’s vote represented a huge symbolic moment as the nation prepares to split from Brussels.

Mr Johnson’s crushing general election victory in December meant the passage of the WAB was a formality after the battle to deliver Brexit tormented the previous two Tory administrations.

However, while the UK's legal departure from the bloc now looks certain to take place at 11pm on January 31, the struggle over the UK’s future relationship with the EU is only just getting started.

[mam fach] 10/1/2020 11:32

We've all been given the Royal 'V' sign.
Carry on and be independent.
But it's been disgraceful way the Queen and Prince Charles
have been disrespected.

[patientcapital] 10/1/2020 11:27

In certain circles it was naughtily named a degree marriage.