Lloyds Banking Share Discussion Threads

[montyhedge] 12/3/2020 11:51

32p I think will be the low.

[scruff1] 12/3/2020 11:49

Crom
'thinking the bottom was reached'. Bad as this is it's also fascinating watching it and wondering when and where the bottom will eventually be. Buyers and sellers I would imagine are drying up.

[alphorn] 12/3/2020 11:47

diku - stupid boy.

[xxxxxy] 12/3/2020 11:46

Going forward. Made in the UK imperative for Security and indeed Profit. Made in UK.UK FirstAnd No Deal now with the EUSSR

[crossing_the_rubicon] 12/3/2020 11:44

"W1NDJAMMER12 Mar '20 - 11:38 - 7482 of 7483
population of the world 7,577,130,400
total cases of COVID-19.... 127,810"

China and Iran figures under reported by who knows how much.
Add a "Zero" to their numbers for starters imo.

Why else would China risk economic implosion by quarantining 750 million people just for 81,000 cases and 3100 odd deaths???

Look at what "THEY DO" not what "They SAY"

[cromw3ll] 12/3/2020 11:38

But 500 is not impacting business, but it will when 50000+

Normal Flu lasts 3-4mth period, this is predicted to go on and on until next winter.

Logistical issues exist for many companies. Staff mass illness etc.

I don't buy into people saying its over exaggerated.

[w1ndjammer] 12/3/2020 11:38

population of the world 7,577,130,400

total cases of COVID-19.... 127,810

The nutters have taken over the world.......

WJ.

[xxxxxy] 12/3/2020 11:37

Some statistic. Many more than tested may have this virus. Nevertheless looking at UK population it appears about 8 have died out of 60 million. Most seem to live on. That statistic says a lot. A massive recovery is coming in my opinion.

[gbh2] 12/3/2020 11:37

Odd how (to date) we've not recorded any cases as being serious, we miss that stage and leap straight to Dead.

[crossing_the_rubicon] 12/3/2020 11:35

A Brief Time Line Of COVID-19 In Italy
In order to see how the virus progressed, I have recreated a brief timeline of Covid-19 spread in Italy.

January 30, 2020: Two confirmed cases of COVID-19 in Italy reported among Chinese tourists. All flights to China are suspended.

February 24, 2020: Total confirmed cases 229 and 6 fatalities.

March 8, 2020: 16 million people under lockdown in the red zone. Confirmed cases jump 1,300 and total 6, 387 and deaths rise from 133 to 366.

March 9, 2020: All of Italy is on lockdown. Quarantines are being enforced and those that break it are subject to criminal charges.

Prisons are the scene of many riots after prisoners learn that they will not be allowed visitors. They are fearful that they will have no protection from the virus and no help.

March 10, 2020: 10,149 confirmed cases and 631 deaths so far.

After doing this research it is clear that it follows what Chris Martenson over at Peak Prosperity has been telling us for ages. With an outbreak like this, it goes, cluster, cluster, cluster, and then BOOM.

[high value chips] 12/3/2020 11:33

Good morning chaps!

Those who has suggested buying at 44p yesterday morning has now lost 10% !
Take heart though ...those poor nutters buying Bitcoin has just done a 90 degree tanking! LOLOLOL!

Booooom number 2 will be on later this afternoon!


Cheers

[wendsworth] 12/3/2020 11:32

mitchy : Looks like my FTSE guesstimate wasn't too far off the mark. I note it dipped below 5500 this morning. 'Keep your temptation level under control' is the advice to myself ! My broker has advised that the view in NY is that the DOW re-valuation is only 'about half way done ' ! LLoyds at 30p inc the dividend is my aim . Limit buy on at that level. Bon chance mon ami .

[essentialinvestor] 12/3/2020 11:23

Crom, the huge policy error of the 1930 was Fed inaction, that's not
the case currently!. We can still have recessions of course.

[gaffer73] 12/3/2020 11:19

With 500 cases I doubt any businesses have been affected. Blown out of all proportion. If everyone self isolates the inpact will be next to nothing.

[diku] 12/3/2020 11:18

Are we really sure he is in Switzerland and not in Luton or Harrow?...




Crossing_the_Rubicon
12 Mar '20 - 08:48 - 296108 of 296133
0   3  0



@K38

Alp is holed by Remoanerdom. Not worth listening to ensconced as he is, over in Switzerland.

[gbh2] 12/3/2020 11:16

2011 was the last time I was trading lloy at this share price

[cromw3ll] 12/3/2020 11:16

Still less than 500 confirmed cases in UK, what will happen when 50000 or more?

hxxps://www.arcgis.com/apps/opsdashboard/index.html#/f94c3c90da5b4e9f9a0b19484dd4bb14

People lost fortunes in the 1930's crash thinking the bottom was reached...

[mikemichael2] 12/3/2020 11:11

Min, it's those filthy communists that started the bloody thing !!!

[essentialinvestor] 12/3/2020 10:58

The residential mortgage book I would have least concerns about.

Lloyds, from memory, have quite a bit of exposure to commercial property and of course small and medium sized companies. Credit card lending, motor finance?

They have stressed time and time again how fit their model Is for more challenging Marco conditions,
so let's see.

[gaffer73] 12/3/2020 10:54

It's a bit of flu you idiot.

[spcecks] 12/3/2020 10:38

It will turn eventually gbh2