Lloyds Banking Share Discussion Threads

[alphorn] 16/3/2020 11:28

If the government uses funds to support the banks then there won't be funds for other projects. QED.

[alphorn] 16/3/2020 11:26

The Boris plan is thinking ahead to totally remap the exit from the EU. The idea of a decision point in two+ month's time in June has been written by a fantasist - one of the many on this thread. Don't blame me - it was the leaves.

[mitchy] 16/3/2020 11:25

The government will underwrite all the big banks and even some of the smaller ones. There will be no liquidity problems.

[k38] 16/3/2020 11:21

This is face 2 of the virus effects. From now on we will hear more about how badly business in general do... We all ready know the damage of the airlines.Expect low share prices.

[ladeside] 16/3/2020 11:21

Yes, suppress the News, excellent idea.

[adyfc] 16/3/2020 11:20

why? You have know idea what their deravitive exposure is. There is a massive liquidity problem in the repo market.

[k38] 16/3/2020 11:16

Media do more damage in confidence than good. Need to shut down BBC and sky news for a month or two.

[gotnorolex] 16/3/2020 11:15

Coronavirus: Jeremy Corbyn could self-isolate for months under plan for over-70s



Could self-isolate in his allotment shed, far from the madding crowd!

[minerve 2] 16/3/2020 11:08

Anyway, off for a late breakfast - hot-cross buns and a cup of coffee.


Relax, let others worry about the global future.

[minerve 2] 16/3/2020 11:05

It's called 'Whole of portfolio down 10% day". Wonderful.

I could escape this FUBAR and risk catching the virus or I could read my emails - one of which is a notification of my upcoming council tax bill.

LOL

[minerve 2] 16/3/2020 11:01

I'm getting to the point where I can almost naturally write off my investment in Costain

[toon1966] 16/3/2020 10:50

Same applies to you alphorn eh?

[mitchy] 16/3/2020 10:45

lloy will easily double from these levels.

[alphorn] 16/3/2020 10:41

toon - I would worry about yourself first.

[action] 16/3/2020 10:41

Pencil in 18p to 22p range.

[blueball] 16/3/2020 10:41

New target of 10p here.

[mitchy] 16/3/2020 10:40

Banks will do very well out of this crisis in the long run. All that "credit to get them through the worst of it" . The government will step in to undewrite vulnerable businesses in this crisis like airlines and even banks if necessary. It's not the same as 2008.

[toon1966] 16/3/2020 10:37

Question is who’s coming to save the EU? Might want to ask the Italian’s...?

[gaffer73] 16/3/2020 10:36

How many people here have missed a mortgage, cc, or loan payment so far? No one? Same for the rest of the country.

[minerve 2] 16/3/2020 10:34

Manufacturing exports slumped to the lowest level in three years even before the coronavirus crisis hit the UK, as EU customers turned away from British businesses after the UK left the bloc in February. - FT


Don't blame them. Was to be expected, perhaps more to come.

Great call Brexit gammons!

Is Trump coming to save us? I don't think so.

[molatovkid] 16/3/2020 10:32

1391 reported cases / 67m people in the UK. = 0.002%.
Monumental over-reaction.

[matchupitchu] 16/3/2020 10:27

What profit? Not future profits over the next 3 years...that's for sure !

[mitchy] 16/3/2020 10:26

Market cap now circa 23 B . So in other words it would take just over three years of profits to pay for it at these prices ! Crazy.