Lloyds Banking Share Discussion Threads

[ignoble] 11/3/2020 11:14

Interest rates in the UK stayed the same at 2% from 1932 to 1951
19 years without a change

WW2 in the middle of that , no panic rate cuts then

DYOR etc

[gotnorolex] 11/3/2020 11:14

Costain fallen off a cliff!

[ekuuleus] 11/3/2020 11:09

mostly in cash here as well.

[malcolmmm] 11/3/2020 11:08

I agree , stock markets are too high and need a healthy correction

[k38] 11/3/2020 11:07

I was expecting to see another small rally from the banks. The fact that they show blue means nothing but weakness. 38p next, unless we have very good news on virus.

[wendsworth] 11/3/2020 10:46

Alph : Thanks for your post and candour. Am 100% cash at present. Will re-invest but consider the DOW is still way over blown and needs to settle round about the 20,000 level with FTSE trading in the 5000 to 5500 range. As to Lloyds I'm looking to buy back in when it reaches the 25 to 30p range. See the Budget as a possible shorting opportunity. As ever v...time will tell. Patience will be 'key'.

mitchy : I'm pleased you've kept your powder dry. These are dangerous times for small investors. One can always buy ! The TREND is 'key' and not daily movements . In my view the trend is DOWN ...As ever it's fear or greed...with the former now taking centre stage.

[mikemichael2] 11/3/2020 10:44

The members of the European Council could chip in !!!!

[alphorn] 11/3/2020 10:44

Rates down as expected despite the contrary noises from the masses on this thread. Now we wait for €CB action. Central Banks will have then used up almost all ammunition.

[sikhthetech] 11/3/2020 10:40

Cutting interest rates sends the wrong message. It shows that the BoE is concerned about the economic impact of Covid-19.

Italy and other countries are likely to need a bail out. As Germany & France economy's are also likely to suffer, who will bail them out?

[ekuuleus] 11/3/2020 10:37

Most Common cold is a corona virus. Since when could we develop a vaccine?

It's just soothing words to stop you panicking.

[malcolmmm] 11/3/2020 10:32

Like the flu virus the bat virus will perhaps be seasonal.By temporary does he mean a few months or until a vaccine became available, surly things could get a lot worse in the meanwhile?

[ekuuleus] 11/3/2020 10:23

how does the bank of england cutting rates help SMEs?

Well, no it doesn't.



8% is about the best a SME can get.

[ignoble] 11/3/2020 09:53

A very good point

So if the BofE thinks this virus thing is temporary , why panic

[ekuuleus] 11/3/2020 09:48

Maximum number
of Shares awarded Expected
Name (1)(2) value (3)
António Horta-Osório 8,281,379 GBP2,046,726
William Chalmers 4,927,191 GBP1,217,745
Antonio Lorenzo 4,790,328 GBP1,183,920
Vim Maru 4,790,328 GBP1,183,920
Zak Mian 4,372,877 GBP1,080,748
David Oldfield 4,538,205 GBP1,121,608
Janet Pope 2,592,343 GBP640,692
Stephen Shelley 4,372,877 GBP1,080,748
Jennifer Tippin 3,992,951 GBP986,850
Andrew Walton 2,935,993 GBP725,625

Total 45,594,472

Value at 45p = £20.5M
Value at 65p = £29.6M

[ekuuleus] 11/3/2020 09:43

suspend increases in dividends and bonuses

hahahahah give me a moment!

[bobdiamond1] 11/3/2020 09:37

Pierre..Turmeric hasn't got any magical powers, but it is an antioxidant which is good for the blood.

It is known that Turmeric works for osteo arthiritis sufferers. It is recommended for joint pain.

One reason you won't read anything scientific, is because big Pharma would rather be selling you opioids.

[chavitravi2] 11/3/2020 09:33

It does make a certain sense that banks should keep as much by them as possible if folk cant pay mortgage and business is suffering and cant pay their dues.
Not to mention lose from interest fall.

[gotnorolex] 11/3/2020 09:24

Amazon Go to open first UK store in Notting Hill

Introducing Amazon Go and the world’s most advanced shopping technology

[smartypants] 11/3/2020 09:23

The impact of COVID-19 on the economy should be "temporary," incoming Bank of England (BoE) Governor Andrew Bailey said on Wednesday.

He added that a recent stress test conducted by the BoE showed that banks are able to withstand even stronger shocks than the one posed by the outbreak.
Bailey noted that he does not expect rates to be increased in the next 12 months and said the interest rate policy marks a significant change from previous expectations of raising rates to 2% by the end of the year.
The future governor who will assume office next week also called on banks to suspend increases in dividends and bonuses.

"does not expect rates to be increased in the next 12 months....suspend increases in dividends"