Lloyds Banking Share Discussion Threads

[aljm] 01/4/2020 09:11

long term this is still a good choice, this blip is temporary, look at 2008, the same sort of thing happened then, still bounced back to 70-80p, if you want fast profit , this is not the one, looking for cash in couple of years, not a bad choice IMO.

[diku] 01/4/2020 09:11

Showing the door does not solve the problem....he/she moves onto the next project...not only ban the share buybacks but also ban bonuses and freebie share options...who are the beneficiaries ??...they get paid a salary/fee/perks don't they??...




Lets hope the clown who thought it was a good idea to spend £1bn on share buybacks at 60p will be shown the door.

[pierre oreilly] 01/4/2020 09:10

k381 Apr '20 - 01:17 - 298693 of 298733
0 0 0
Without action people would be dying like flies.. it's true the old and weak going first but no age is safe.
....................


Evidence, or just a feeling in your bones.

The evidence afaics is deaths would be similar to today if nothing was done at all apart from isolating the vulnerable.

Look how swedens getting along.

And the very strong evidence is that fit and healthy people under 50 are at a tiny level of riask of death. Just because one 15yo unfortunately dies from it it doesn't mean they all will. Get a grip.

We will see suicides increasing from 15yo though, as many were already in depression from their fears of global warming killing them by the time they're 20. Add on the hopelessness brought on by the collapse in our society and all under house arrest and there'll be plenty more opting out.

[daddy warbucks] 01/4/2020 09:10

16.5 billion saved from cutting dividends on all the banks.Approx 34 billion extra on the PSBR.That's half accounted for.

[ignoble] 01/4/2020 09:08

Not for Pension Funds
They need the income
Imho

[squire007] 01/4/2020 09:07

Think most big boys will cancel divis, makes sense .....

[dexdringle] 01/4/2020 09:01

Lets hope the clown who thought it was a good idea to spend £1bn on share buybacks at 60p will be shown the door.

For clarity, I say this not because the cash should have been preserved but because we could, over the last 2 weeks, have been buying them at 30p and be cancelling twice as many shares!!!

PS personally, I'd ban share buybacks as I've yet to experience any benefit whatsoever with any company in which I have been invested who has done this. Pay it as a dividend and let people buy more shares with that money if they wish to do so. Share buybacks are a mechanism for EPS to be artificially inflated using shareholders own money for the benefit of managers who have EPS targets !!

[heialex1] 01/4/2020 08:58

If the market drops to 4500 - and no reason to think that it can't considering the newsflow is likely to get worse before it gets better - then it will present some good buying opportunities. Under 5000 lots of things to nibble at on a medium to long term view...

[chavitravi2] 01/4/2020 08:58

At least now what you see is what you get. No thinking is this going up because of divi chasers and thinking is it worth holding for that divi if it's going to crash down down after ex date losing more than is gained.

[diku] 01/4/2020 08:56

BOE is just showing their concerns of divi payouts...they need to cover themselves...if it goes pear shaped they will say we did warn them...

[yidarmytom] 01/4/2020 08:51

asa81 Apr '20 - 08:31 - 8586 of 8590
0 5 0
"Bail out to the tune of billions for workers and businesses yet no dividend for pensioners who rely on this payment with savings decimated"

Most pensioners can afford it

[ekuuleus] 01/4/2020 08:41

I like your thinking DW. It would only make a small dent though.

[daddy warbucks] 01/4/2020 08:37

I read yesterday that the Government are looking to borrow 3 times the normal amount for April than was forecast at the budget. ( Before the Governments actions on the virus).Are they hoping the money saved on dividends will be used to buy that debt?

[mikemichael2] 01/4/2020 08:37

I hear the drug dealers are having a tough time, no shops open for their clients to rob. Should be some cheap top end Audi's coming on the market!!!

[adyfc] 01/4/2020 08:35

Funny how the mbs market caned this in 2008 then 12 years later the retail mortgage market is gonna default on their mortgages and give it right hiding again.

[ekuuleus] 01/4/2020 08:32

mike, you might want to consider the longer term effects.

Many shares are valued based on return. Cancelling the divi has a direct effect on valuation process.

Fine, you can override the algo's and input special circumstances. Will all the markte do that quickly?

Next over the next few months, pension schemes need to continue paying pensions. If the divi cancelled, they wil need to sell shares to cover. Prior, they might have ignored the wider market sell off as using divi and taking longer term view.

They just had the thumb screws tightened. Before, they could just wait it out. They just had that option removed from them. This will put the wind up on pensions and people who do just that - have divi as their income.

[asa8] 01/4/2020 08:31

Bail out to the tune of billions for workers and businesses yet no dividend for pensioners who rely on this payment with savings decimated

[montyhedge] 01/4/2020 08:24

Held well.

[mikemichael2] 01/4/2020 08:24

You bothered about the divi when you are well over 50% down on your investment!!!

[m4rtinu] 01/4/2020 08:21

PS: if you want some good news take a look at Opti.L. But dyor.

[m4rtinu] 01/4/2020 08:19

Disappointing but right thing to do. Many people facing uncertain times. Losing jobs/ income. And the govt help announced will take weeks to come through. We lose divi, some lose everything.

[poikka] 01/4/2020 08:16

"Some analysts believe cancelling dividends could actually harm the supply of credit to the real economy. (Yes, along with Poika!!)

“We note that euro area bank market capitalization fell on 30 March by the same as the 30 billion euros ‘saved’ by its dividend ban on Friday 27 March,” analysts at Bank of America Merrill Lynch said in a note to clients, referring to the ECB’s move."

[meek] 01/4/2020 08:13

Very sensible decision from the banks to cut divi. Now I'm buying back in.

[ignoble] 01/4/2020 08:13

Odd that... Not