Lloyds Banking Share Discussion Threads

[action] 20/3/2020 15:57

I hope you are right as I have big exposure here.

[wendsworth] 20/3/2020 15:57

SimonFJE : your post 7881 ..Spot on !

Ekuuleus : We all do it ! I genuinely feel we could now ell see a new low for Lloyds.

mitchy : Looks like I'll get my 30p. The question is,'do I want it?' Hopefully you've squared all your positions and are mostly in cash. Whe i look at Lloyds , Barclays and RBS today I can hardly believe the prices obtained three weeks ago. BE VERY CAREFUL MON AMI.

[diku] 20/3/2020 15:56

Probably never see 100p again ever...

[xxxxxy] 20/3/2020 15:55

Simon Brown 20 Mar 2020 3:50PMExtract from Live Sciencehttps://www.livescience.com/new-coronavirus-compare-with-flu.html"So far, the new coronavirus has led to more than 220,000 illnesses and more than 9,300 deaths worldwide. But that's nothing compared with the flu, also called influenza. In the U.S. alone, the flu has caused an estimated 36 million illnesses, 370,000 hospitalizations and 22,000 deaths this season, according to the Centers for Disease Control and Prevention (CDC)." We really do need to get this in context.

[utyinv] 20/3/2020 15:53

When Lloyd’s were persuaded to take over HBOS the Labour Gov gave the green light saying that the New Lloyd’s would be the ‘Bank of Britain’ rewarding the shareholders to take short term pain for long term gain.
Many long term shareholders have seen the pain but yet to see the gain.

Many believe that with the promises of the past the share price should be £1+ with a dividend of 6%

[gaffer73] 20/3/2020 15:52

Don't think this is going sub 30p

[utyinv] 20/3/2020 15:49

K38,

Careful about commenting on dividends as I know many that have a large amount invested in Banks to supplement their pensions.

[fovargue] 20/3/2020 15:43

I'd not ban shorting. A 100% tax on profit made on shorting gains might be a nice temporary measure to protect asset values and jobs, mind.

That said, I've been through all this before in 2008. The market finds its own value eventually.

[maxk] 20/3/2020 15:42

Welcome to the chimps club.

[daddy warbucks] 20/3/2020 15:25

Would be nice if the Chancellor orders a ban on shorting shares before he gives details of this massive giveaway this afternoon. The markets are already fragile and don't need speculators coming in to make matters worse.People have had almost two weeks to liquidate shares to cover margin calls and the BOE have supplied enough liquidity in the markets for everyone, so there is no excuse to stop this practice now.The Chancellor needs to think about the private investor as well. The destruction of wealth could have a knock on effect for the ordinary investor.Rant over, but one final point. Make sure you fill your vehicles with fuel before tonight !!!!

[american idiot] 20/3/2020 15:24

Ok, just taken a position here.

I apologise in advance for the further share price falls as a result of me buying :-)

[action] 20/3/2020 15:20

Wait for 20p or near that level.

[spcecks] 20/3/2020 15:12

Also can't decide whether to add again.

[chavitravi2] 20/3/2020 15:10

Decisions, decisions, do I come in now or wait a bit more.

[action] 20/3/2020 15:08

Double whammy for Lloyds as bank make more profit on higher int rate.Also lot of people being made redundant and that will increase bad debt provision for bank.

[sr2day] 20/3/2020 15:08

this is being held at the moment but will shoot to over 40p before it goes ex div on 16/4/20.

[action] 20/3/2020 15:05

Every day lloyd is dropping.If it goes on like this for another month we may even see 20p.

[diku] 20/3/2020 14:59

Lloy is well due for a technical bounce of at least 20% from current lows to around 38 - 40p...today price is being well controlled towards 32p and lower...maybe some fundi is bailing out and is on the sell side...

[diku] 20/3/2020 14:56

cm...thanks...

[aljm] 20/3/2020 14:46

in my opinion, when the market regains, so will these, time is the key.

[jias] 20/3/2020 14:43

How are Lloyd’s earnings going to be impacted by the interest rate cuts.

[k38] 20/3/2020 14:35

So the Q is .. do we take the right actions to avoid the risks.. i say yes! Others say "this is stupid"Stupid or not, it is what it is.. the damage is done. Get over it.

[aljm] 20/3/2020 14:32

another one to the filter list, getting a collection already, only been back on here a week !!

[ekuuleus] 20/3/2020 14:27

extrovert, it's triple witching today. They have to close them today and reopen new ones.