Lloyds Banking Share Discussion Threads

[xxxxxy] 27/2/2020 11:00

Lloyd falls mainly because of coronavirus considerations. Obviously no sector is escaping this. All about same percentage falls. No favours. No prisoners. Could be a buying time. Most of the population will survive contact with coronavirus. Fortune favours the brave. Have fun today.

[bookbroker] 27/2/2020 10:56

Got a Yorkshire Terrier called Sir Duffield, those dogs are the size of rats, the sort that nip ur heels, basically need a good kicking or used as bait for larger dogs!

[ekuuleus] 27/2/2020 10:54

Generally, next10 years should be fantastic for Lloyd's. The price is lower tha it should be so a lot of downsides priced in.

That said I though that 9 years ago and the price hit 23p. Didn't have any dry powder then.

What I think is irrelevant. It's what other people think. Fundlementally this has a fair bit of upside even with the issues I listed.
Sentiment takes a shorter term view though. Also the wider market issues. The QE will come back to bite and banks especially will get panned. Is that soon or in 10 years time. No idea. Its primed but it needs a trigger. Short term corona virus going to pan all of the market. It may also be the finger that pulls the trigger on QE.

[pal44] 27/2/2020 10:54

Min Coronavirus: Tenerife hotel guests ..Lobsters no ?

[bookbroker] 27/2/2020 10:53

Metro Bank - is that why it shares have dropped 20X from their highs, is that the sign of well-operated, ethically and principled operator. Why that Vernon Hill sent packing!

[minerve 2] 27/2/2020 10:51

Utricky

That is the whole point! If you are having to put so many caps, regulations and constraints it generally takes away the benefit of a private entity to the extent nationalisation does become a valid argument.

Other countries don't seem to have a problem with certain nationalised industry but in Thatcher's Victorian England it is a dirty word and the public are its losers.

[mitchy] 27/2/2020 10:50

No shortage of buyers at these prices.

[mitchy] 27/2/2020 10:48

There are going to be more cases for sure. The economic impact of the virus hasn't even been noted on bottom lines yet.

[minerve 2] 27/2/2020 10:47

This is fun, watching the Lloyds share fail.

Buy Lloyds share, support Hard-Brexit!

ROFLMAO!

Turkeys and Christmas, dear oh dear.

Thickos never learn.

[utrickytrees] 27/2/2020 10:46

M2 uptick from me on your london comment. But you can have privatisation & still maintain control through legislation so your wrong again. Take the train franchises for example. Your probably not aware coming from Haydock cos they haven't got a station but the profits the train companies can make are actually capped. The list of checks & controls on private companies profits & procedures operating in the public domain are extensive. Do you really think any government would say 'right lads crack on, you guys do whatever the fk u want dont worry about the service you provide or how much profit you make, everything's cool.

[gaffer73] 27/2/2020 10:46

Most of your points are already in the past. I believe they plan to continue the buybacks once the books are in order too. Anyway I only bought last year so the previous 10 years don't concern me, it's the next 10 years where I'm looking.

[mikemichael2] 27/2/2020 10:45

Lol Min, 'they don't like it up em'

[ekuuleus] 27/2/2020 10:40

Fed expected to cut I interest rates while h means we will to. That will also damage Lloyd's profits. The effect gets multiplied as costs dont get cut.

[ekuuleus] 27/2/2020 10:38

We nimble competitors such as metro bank

[ekuuleus] 27/2/2020 10:37

Gaffer book. Lloyd's issue an rns every month for shares in issue. Perhaps youd like to actually collect that and put it in a spreadsheet going back 20 years along with share pri e and then chart .market cap.

It's called doing your own research. The share buy back is a small blip in a long running expansion of the shares in issue.

2% per year is a huge drag on shareholder value. In effect Lloyd's is using g the stock market to fund d its wages bill. In a high inflation environment, it becomes less significant. In a low inflation environment, it will cripple share price performance.

Let alone;
Poor results presently
Halifax fraud to come
Fca fines to come
Large company failures like carillion.
Brexit
Car loans
Corona virus - which WILL trigger failures of large companies on edge. Decrease economic activity. Decrease immigration leading to less house building.
Endemic corporate culture in Lloyd's that still has not been fixed.

[minerve 2] 27/2/2020 10:36

Coronavirus: Tenerife hotel guests 'horrified' by conditions



You are dealing with gammons I'm afraid dear.

[chavitravi2] 27/2/2020 10:36

I'm holding off now because I think the bent mm's maybe trying to hit stops at around the 50p mark. Wouldn't surprise me at all.

[mitchy] 27/2/2020 10:33

My break even average is circa 59.5p . Almost a 20% rise above current share price ! (Gulp)

[utrickytrees] 27/2/2020 10:31

Xxxxy. The problem we have is that the UK play by the rules of the commission but to everyone else the rules are there only for their benefit & when it suits them.
If we followed the same tactics in the upcoming trade negotiations it would be very easy for us to just accept anything and implement nothing afterall it would be upto the commission to police the agreement.

[maxk] 27/2/2020 10:31

A chilling logic lurks beneath the EU's farcical Brexit strategy


SHERELLE JACOBS
DAILY TELEGRAPH COLUMNIST
Follow 27 FEBRUARY 2020 • 6:00AM





Brussels beautifully captures the disturbed pathology of modern bureaucracy


Brussels’ babbling inertia in the Brexit trade talks has provoked delight and denial in equal measure among the British commentariat. But it is worth taking a step back from the debate over whether the EU’s negotiating position is “steely” and “eloquent” (The Economist) or “bewildering” and “intransigent” (this newspaper) to consider an even more important question: why, exactly, is Brussels behaving as if nothing has changed? The answer is both fascinating and frightening.

Even diehard Eurosceptics are a little perplexed by the deadpan idiocy of the EU’s negotiating position – as it has, in recent weeks, prattled on about the Elgin Marbles, lied compulsively about the Political Declaration and flexed its flaccid biceps as if it is still dealing with lightweight Theresa May....

[gbh2] 27/2/2020 10:30

I'm hoping to see 53p in the run up to the ex dividend date, no profound calculations involved just my break even price.

[chavitravi2] 27/2/2020 10:28

Bloody hell, £ to € has dropped to €1.176. It was €1.204 about a week ago. Hope it comes back for my holiday in April. I cant really see why the big drop.