Lloyds Banking Share Discussion Threads

[mitchy] 16/3/2020 16:32

About 2 hours ago the Daily Mail reported Ausralian scientists have found two existing drugs used together have cleared covid 19 patients of the virus.This would be a 'cure' rather than a vaccine.

[pal44] 16/3/2020 16:05

M2 re '32,000 cases by a week on Sunday' is bit OT I reckond it will be more like 15 000 and the growth much slow as more and more people are self isolating .

[k38] 16/3/2020 15:29

Some recovery this afternoon (all shares) of today's lows... no reason.

[k38] 16/3/2020 15:25

In 4 to 6 months time.

[gaffer73] 16/3/2020 15:24

No reason why this can't go to 75p.

[toon1966] 16/3/2020 15:12

Minerve have you relayed your calculations onto PHE?

[k38] 16/3/2020 15:09

Dr. Doom 7745 nightmare hypothetically scenarios...But...This is not the end of the world. lol

[diku] 16/3/2020 14:58

How will this impact buy to let market...if renters are laid off...

[minerve 2] 16/3/2020 14:44

The US will come to their senses eventually. They are an insular nation, negative impacts like this they find very hard to deal with. Look at 911 for history of overreaction.

[k38] 16/3/2020 14:43

Dow Jones opened 9.7 lower and S&P down 8.1% causing trading to be suspended for 15 min.

[maxk] 16/3/2020 14:41

Tell that to the bugs Min!

[minerve 2] 16/3/2020 14:40

I used my financial calculator to do some growth/infection predictions last night.

I calculated we would have approximately 32,000 cases by a week on Sunday.

The rate WILL HAVE TO fall as it is unsustainable as we get into months.

[k38] 16/3/2020 14:36

Vauxhall to close all plans in Europe...Dear o' dear...

[daddy warbucks] 16/3/2020 14:18

Thanks. Even if it goes lower, when sense prevails after the Coronavirus is dealt with, hoping to see the share price back in the 50p range.

[montyhedge] 16/3/2020 14:16

No not touching until 28p.

[diku] 16/3/2020 14:15

Good luck..

[daddy warbucks] 16/3/2020 14:10

Hopefully bought near the bottom today, although in these uncertain times, you can never be sure. 80k @ 33.5p or thereabouts in 4 tranches.

[minerve 2] 16/3/2020 14:10

After telling Jacko to hold fire!

LOL

Didn't last long did it?

Although I didn't expect to see PMI down 13%.

[diku] 16/3/2020 14:10

The way it is going a lot more FTSE shares will be below the 100p level...

[diku] 16/3/2020 14:09

Well if all emphasis is on Coronavirus then will other patients in general suffer?..

[minerve 2] 16/3/2020 14:05

Bought a tranche of Philip Morris International. Anywhere near $66-70$ is very good value on a DCF based on _zero_ growth.

[diku] 16/3/2020 14:02

Thought I read it yesterday in the media when FED cut rates again...has the FED now relaxed US banks reserve ratios?...stand to be corrected...stress test out of window?...

[diku] 16/3/2020 13:58

monty..are you now in Lloy?...

[montyhedge] 16/3/2020 13:54

I think dividend will be suspended in these uncertain times, cash is king. No margins if BOE cut rates. Bad debts rise in.