Lloyds Banking Share Discussion Threads

[smith99] 02/2/2020 12:33

Scotland need to give the English the vote in their referendum. Many of us English are sick of them getting free prescriptions, free eye care and more spend per capita than the rest of the UK whilst constantly bleating how you want to be independent (and then beg to quickly rejoin the EU - so much for independence).

Like many more English, I would vote to kick you out.

[maxk] 02/2/2020 12:30

That's one of your best ideas yet Min.


Remoaners to Jockland, then rebuild Hadrians wall.


Sorted!

[minerve 2] 02/2/2020 12:26

This is Scotland's big chance IMO. Go for it!

[minerve 2] 02/2/2020 12:25

Time for the EU to take the gloves off. There is no point appeasing these loons and undermining the post war european order. If that means the UK needs to be dismembered so be it.

Memo to Sturgeon - encourage remainers to move to Scotland and make Scotland the bastion of the resistance.

[jacksonse] 02/2/2020 12:22

Results in 18 days time.

The virus from the other thread should stay there. Maxk and Crossing added to my filter.

[minerve 2] 02/2/2020 12:17

I'd so love Scotland to leave the UK and join the EU. That would be brilliant. If it can work for Malta I'm sure it can work for Scotland. Go for it!

Don't let the Little Englander gammon nationalists hold you back!

[minerve 2] 02/2/2020 12:07

Pierre

Yes, I did regard Woodford's investment skills. To some extent I still do. For some reason, probably my first-hand experience of founding a company and knowing the issues of nascent business and seed capital, I only found interest in predominantly larger cap stocks that Woodford invested in. Yes, PFG and Capita were disappointments, but he chose many that also did very well. Funny how the press don't mention those, because I did exceedingly well in those common stocks I share with him. Here, let me list a few:

Abbvie, Reynolds American, BDEV, Breedon, Forterra, CSP, PMI.....

I could go on and list three or four times that many over the last couple of decades.

Once you understand how to read accounts and what ROE, and ROCE, and DuPont analysis and WACC and all the other yardsticks that drive real value in companies - not just growth in earnings - then I'll consider you my equal, until then you are just a green-eyed ageing frustrated pensioner who is having difficulty accepting that a polytechnic student - through continued life learning - has been more successful than you in life and as an investor.

Back to Woodford: the problem he created for himself was setting up the wrong investment structure and then allowing the fund to grow too big allowing greed on commission to damage the ability for him to achieve his investment goals. It is a fundamental principle that if you are too big you are extremely unlikely to outperform the market because you are effectively the market. He had the belief - probably driven by his colleagues - that his outperformance could be driven by nascent business - big mistake, something I was very aware of being a founder of a tech company. Buffett is struggling with the same problem at Berkshire, but thankfully for Berkshire shareholders, Buffett runs his funds way more conservatively and has shareholders who are genuinely more patient than those who had invested in Woodford's three funds.

[utrickytrees] 02/2/2020 12:05

Yes GNR I'm sure if the SNP field candidates in England n Wales, like the Brexit party they would get overwhelming support.

[jordaggy] 02/2/2020 11:54

I'm hoping the UK do a deal with Thailand. I quite fancy buying a John Cooper works Mini. I did consider treating myself a year ago, but when I was last in BKK and enquired, they were asking £76k and I couldn't stomach all that import duty going to the corrupt Thai government who were and still are run by the army.

[xxxxxy] 02/2/2020 11:43

John Atkins 2 Feb 2020 10:04AMThe EU fought tooth and nail to keep Ireland and then Greece in. They fought and lost to keep the UK in. Now they will fight to keep the EU together and prevent total unravelling. To achieve this they will 'cut their nose to spite their face'. The UK (from their point of view), must be seen to pay a price for exit. And the ongoing Brexit deal will be less than optimum for this reason if no other. More power to the UK Gov now. The UK will thrive now because we can deal with the whole world if the EU will not play ball. The 'transition' will provide great opportunities for the nimble. Your next Mercedes may have tariffs put on the price but the Japanese, Koreans and Chinese make jolly nice cars and are falling over themselves to regain the UK market share they lost to France, Italy and Germany in the 1970s.See the Future 2 Feb 2020 10:06AMYou do know that under WTO rules all imports of the same type of goods must bear the same tariffs? And that it is the consumer who really pays the tariffs not the producer?ROBERT POLATAJKO 2 Feb 2020 10:11AM@See the FutureChrist, are you the token globalist troll?F off to the Guardian. John Atkins 2 Feb 2020 10:12AM@See the Future yes and the UK Government get the tariff money and can therefore cut taxes on whatever they choose and still maintain a healthy exchequer. Tariffs are a tax by another name. WTO rules only apply in the absence of a 'Trade Deal'. Japan, Korea and China will sign deals with the UK this year. 

[crossing_the_rubicon] 02/2/2020 11:28

"sr2day2 Feb '20 - 05:11 - 291702 of 291717
If we are rejoicing about leaving EU and feel liberated why can,t Scotland be liberated from UK.. now that UK has left EU another referendum in Scotland would be justified because the goalposts have been moved"


Concur - the goal posts have been moved with brexit, so give them a second vote.

And allow RuK to vote as well. And we'll ensure the result SNP wants.

Full Hard Border between Scotland & England, No £££ sterling, full tariffs on Scottish exports.

[gotnorolex] 02/2/2020 11:27

UTT sadly even though the Jacobites and Tories are neighbours, never the twain shall meet!

[crossing_the_rubicon] 02/2/2020 11:20

"Boris Johnson 'infuriated' as EU reneges on free trade deal
The Prime Minister believes Brussels has unilaterally been 'changing the terms' of the deal he agreed last year"


That they have. Once again illustrating the EU are not our friends as Remoaners incessantly claim.

And we should not treat them as such therefore.

Our closest friends are NZ, OZ, Canada, USA, all for obvious reasons, namely blood.

[crossing_the_rubicon] 02/2/2020 10:30

BJ must have been reading my posts on Advfn.

I've been calling for such since the beginning.

And make them Trumpesque and eyewateringly high.

[utrickytrees] 02/2/2020 10:29

Off you go then Ken.Dont bring us all down with your perpetual negativity m8 for once do something positive & kick us off with an interesting Lloyd's topic for discussion instead of just fkin moaning all the time.

[utrickytrees] 02/2/2020 10:26

Good point GNR.

In the most recent YouGov survey only 34% of jocks were in favour of indy2 referendum this year. As much as they're vagasil (annoying cxxt's) they're not stupid, they know the SNP haven't got Scotland where they need to be to make a success of independence yet...its as simple as that.

Sturgeons behaviour is a bit like the Cardiff city manager (Neil Harris, currently 10th in the Championship), having a paddy & demanding automatic promotion into the premiership when only 34% of Cardiff fans would want all the financial implications of an Ill fated premature promotion when the players simply aren't good enough.

YouGov 34% of Scots want indy2 this yr.

[kenbachelor] 02/2/2020 10:16

I for one am hoping that this will get back to being the Lloyds thread now that Brexit is in place. Having to read 100 off topic posts every time I open it is becomming very wearing.