Lloyds Banking Share Discussion Threads

[aljm] 01/4/2020 10:59

Btw Portside1, your typo (well i think it was) in BARC thread was actually spot on, London SHOULD be Speyed :)

[hector_p] 01/4/2020 10:54

No wonder the bank shares are well down, however it seems the Government scheme to help businesses means every company wishing the loans must attempt to get a normal bank loan or overdraft first. Most " bank says no" . On the other hand, the Bank is in a sweet spot because it will have first call on any company's assets should the loan be granted and go bad.
This is really rather good for the banks.
However, so many companies and sole traders have stopped earning, the banks are going to see a huge drop in deposits.
I'd think on balance, as we should be back to near normal in a few months ( or by Christmas) the shares are a buy. I may go long a couple of banks and roll the trades over for a few months.

[aljm] 01/4/2020 10:50

Pierre o reilly, what is the other agenda ?

ok i got a puzzle for you, Dr. Charles Lieber , Covid 19 and Q post 2017, which reads :- Q !!mG7VJxZNCI ID: bd6786 No.2805326 📁
Aug 30 2018 17:52:12 (EST)
Q !!mG7VJxZNCI ID: bd6786 No.2805260 📁
Aug 30 2018 17:48:47 (EST)
>>2805214
CORONA 16 TASK ROUTE Z8301
CORONA 16 NOW OFFLINE
Q
>>2805260
BLIND EYES IN THE SKY.
SHALL WE PLAY A GAME?
Q

is there a connection ?

[portside1] 01/4/2020 10:47

I will not buy Lloyd's I am buying rbs and barcs

[portside1] 01/4/2020 10:46

I am buying bought more this morning now 4 lots Moving money into my account nothing else to spend it on

[chavitravi2] 01/4/2020 10:46

8611. They together with Gordan Brown!

[portside1] 01/4/2020 10:45

The BOE governor is not fit to run the bank

[squire007] 01/4/2020 10:45

So buy the shares, value is in the rise .... tick tock time again

[portside1] 01/4/2020 10:44

It was ok to cancel divs till the virus is under control But to allow directors to get free shares to cover there loses Is criminal Yes stop the div but all bonuses free shares must also be stopped till divs are resumed

[yidarmytom] 01/4/2020 10:44

The BoE are prioritising, and their priority right now is to help liquidity and enable Banks to lend to support Businesses, and protect jobs and the economy.

If pension funds and a few moaning elderly Investors have to suffer some pain in the short term (this is temporary) in order to achieve that, so be it.

This is all about prioritising during the current Health and Economic Emergency

[portside1] 01/4/2020 10:42

Jp no they can have free shares and enough to cover there bonuses it's criminal read the statement

[portside1] 01/4/2020 10:41

The BOE. Have spoken it is pointless for the working classes to save or pay into a pension all the money they put into a pension is worthless They will never get even there money back The BOE have destroyed the pension funds and savings

[diku] 01/4/2020 10:40

So do they keep on paying bonuses and distribute freebie share options?...






In order to help us to serve the needs of businesses and households through the extraordinary challenges presented by Covid-19, the board has decided that until the end of 2020 we will undertake no quarterly or interim dividend payments, accrual of dividends, or share buybacks on ordinary shares. In addition, in response to a request from the PRA and to preserve additional capital for use in serving our clients, the board has agreed to cancel payment of the final 2019 dividend in relation to ordinary shares. Accordingly, resolution 17 in relation to the declaration of that dividend will be withdrawn from the AGM, scheduled to take place on 21 May 2020. Our board will decide on any dividend policy and amounts at year-end 2020.

[jpjohn1] 01/4/2020 10:37

All banks dividends and bonuses have been suspended. Just came out

[jpjohn1] 01/4/2020 10:37

All banks dividends and bonuses have been suspended. Just came out

[blueball] 01/4/2020 10:32

Far too early buy try in a few months when 7/8p.

[diku] 01/4/2020 10:27

Yes it makes them feel good when seen by others...then a visit to Mac Donalds...

[hhhold2] 01/4/2020 10:26

This is only the start of the what's to come, those who think things will get back to normal in a few weeks are living in a dream world & don't want to face up to reality just like Trump,, this share is going to struggle, I think I'll look elsewhere to invest as this looks like it has very little to offer any investor & could end up in a pickle with these car loans for one plus many other variables waiting to get exposed,
good luck to those invested as you will need every bit of it.

[mr.elbee] 01/4/2020 10:23

just recently 500 quid a month got you a leased BMW

or a house up North

the snowie ones went for the car

[diku] 01/4/2020 10:11

And now stay home get paid...


asa8
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I’m not a pensioner M5 I’m making a point a lot of youngsters don’t save they want everything now three holidays a year 2 new cars on the drive on lease and then the new house on help to buy work it out

[nemesis6] 01/4/2020 10:10

are you surprised asa? the generation before has rinsed it. Hoovered up all the property and pensions. The reason they don't want/cant save is theyre too busy paying rent to the greedy old landlords...have no pensions thanks to the boomer generation and face working till 75...if they can get a job. Still as long as their paying the mortgages of the landlords and their spoilt offspring that's ok.

[utyinv] 01/4/2020 10:07

M5,

Post 597: If you are a pensioner your personal overheads are likely to be low

Where do you get that assumption from? In a lot of cases the overheads are the same if not greater. When you go to work you save on heating.
Most retired people are either at home keeping warm or going to activities like gyms, holidays, restaurants, cafe’s etc.

When at work, you don’t have these expenditures because you don’t have the time. You are spending time earning money whilst pensioners are spending time spending it. Think about how much you spend when having the regular fortnights holiday.

Workers and pensioners can’t do much now, but the point I am making is don’t stereotype pensioners by a miss conceived perception. Many pensioners I know are far busier and active than when they were working.