Lloyds Banking Share Discussion Threads

[minerve 2] 18/3/2020 12:56

My largest holding - British American Tobacco - have come out with a rather bullish capital markets update.

The heart beats............just! LOL

[jacko07] 18/3/2020 12:53

Surely if you deem a share good value at a certain price, if it falls, you should be a buyer not at automatic seller. It suggests lack of confidence or inability to value shares. Surely the thing to do would be to improve that ability.
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Minnie..I agree with that, especially on this occassion.

The reason I agree with your stance, is that the chinese have more or less halted the progress of the virus, it has taken since early December, we have far more knowledge on it now, so although bad, it may not be as bad as the meltdown we are now in.

Share prices may get cheaper, but the chances are the bottom is close and a lot of money will be made coming out of this.

[bargainbob] 18/3/2020 12:50

Getting ready Ladeside , looking for 27p

[ladeside] 18/3/2020 12:42

There's expected to be a sharp increase in infections over the coming weeks, schools will soon be closed (possibly as soon as Friday) and the next step is the total lockdown which could also be anytime from Friday.

Once the above happens I'd expect another 10% - 20% to be wiped off the FTSE and then may indeed be the time to start bargain hunting, but really, who knows ??

Irrespective, there's major economic damage already been done which will take us (and everyone else) decades to recover.

I'm also pretty sure that Economic and Social models will have changed forever.......

[k38] 18/3/2020 12:33

Should labour look after their elderly?Why Jeremy Corbyn still on the loose .Lol...

[aljm] 18/3/2020 12:24

yup, sure these Algo's can be 'persuaded' to trigger stop losses, (hypothetically of course)

[k38] 18/3/2020 12:22

The money package unannounced from the American government and our will have no imitiecly effects. The shares have some way to go before find a bottom base and recovery start. I expect 32p new found support to break and 28p next. At this point, I say, start buying.But taking the risk do not buy yet and somehow things change overnight and this is the bottom I am happy to pay 36, 38 and 42p

[k38] 18/3/2020 12:22

Whatever reason.. are good reasons. No one said it was the wrong decision.

[minerve 2] 18/3/2020 12:21

It doesn't help by people buying in and then setting narrow stop losses. Not intended as a personal dig gnr. :)

Algorithms can make easy meat of these actions and the SPs continue to fall aided by this poor investing activity.


Surely if you deem a share good value at a certain price, if it falls, you should be a buyer not at automatic seller. It suggests lack of confidence or inability to value shares. Surely the thing to do would be to improve that ability.

[aljm] 18/3/2020 12:18

K38, there are 2 reasons i bought these, (a) the financials are pretty good, the drop is purely market reaction, not Co. issues IMO, (b) i have spare cash that is doing precisely NOTHING in my Bank accounts, so put a little in Shares for long term. even IF they have gone ex divi , i really dont care, currently sitting on small profit, can only see upside from here.

[aljm] 18/3/2020 12:15

Seems Temperature is going to slow the spread as well.

[k38] 18/3/2020 12:14

The action is taken around the world, wrong or right, the damage is done... the number of deaths are not important any more but the damage the virus will have to the economies around the world. Shares still long way to go yet before found support.

[xxxxxy] 18/3/2020 11:57

A few dozen deaths is not a crisis. If I died I would not want the economy wrecked or people to be out of work and impoverished because of my death. Some perhaps most of those that die are health compromised anyway. Politicians need to get a grip on reality. So sad to see this Madness. Death does not mean Life and Living has to be destroyed. Quite to the contrary.Love and Peace.

[high value chips] 18/3/2020 11:53

squire007

18 Mar '20 - 10:36 - 296992 of 296999
0 0 0
Been a while but back in .... fingers crossed ;-)

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Welcome back to LLOYDS!
Best of luck to you.
Whilst our LLOYDS should show good gains over the years to come but LLOYDS must
overcome 2 more hurdles; the national debt and Brexit!
and of course the balance sheet that we can't see in the LLOYDS cupboard.

In any event, your bet should turn out good!


Cheers

[jacko07] 18/3/2020 11:51

Lloyds now a very good day trading share.....

[k38] 18/3/2020 11:51

Lol.. indeed. The BBC no-brain sheep will starve .Lol

[crossing_the_rubicon] 18/3/2020 11:51

Are China lying and under counting deaths/cases?

1) Wuhan Crematorium.
30 furnaces. 1 - 2 hours to cremate each body.
Running 24/7 for several months.

Scenario A
2 hours to cremate one body, 12 bodies per day, per furnace = 360 bodies per day
2520 bodies PER WEEK.
3100 official deaths - Job done in 1.23 weeks.
Furnaces going 24/7 for 8-10 weeks

Scenario B
1 hour to cremate a body, 24 bodies per day, per furnace = 720 bodies per day
5040 bodies per week
3100 official deaths - Job done in 0.61 weeks!!!!
Furnaces going 24/7 for 8-10 weeks.

The death count doesnt add up on this basis alone....
That's before the mobile crematoriiums.
There were numerous "heat" maps that showed the crematoriums going 24/7


2) China shipped in mobile crematoriums.


3) It is widely accepted China are under reporting as they have changed the definitions/parameters of infected etc several time. This isnt even disputed by the mainstream.


4) 50% of populace isnt in Lockdown/Quarantine yet cases has remained stuck at 810000.

Totally unrealistic.


5) Communists have history of lying and under reporting fatalities because it makes them look bad.

See Chernobyl.


As I said,open your eyes. the Chinese numbers arent to be trusted.

Nor are the Iranian ones for that matter.

[k38] 18/3/2020 11:48

"any chance of facts to back up any of that ?"With Boris expecting min of 20 thousand deaths in UK alone don't you think the numbers they are reporting is fraud?

[asdb9] 18/3/2020 11:46

Its not all bad news. BBC has suspended filming Eastenders,Casualty, Doctors and Holbay City

[crossing_the_rubicon] 18/3/2020 11:42

"pooroldboy5518 Mar '20 - 11:41 - 296997 of 296997
And what would Labour ? Ask D Abbott to sort it out ?"


Is that directed at me?