Lloyds Banking Share Discussion Threads

[minerve 2] 01/4/2020 11:54

"Feel sorry for our PM"

See what I mean?

Dear me.

He went for glory when he must have known he isn't up to it. Bad bad bad.

[aljm] 01/4/2020 11:45

might be wrong on this but surely as the Divi has been suspended, in theory Banks now have more cash to generate income ? surely then , would that actually increase NAV ?

[action] 01/4/2020 11:42

Any special reason to buy them?

[essentialinvestor] 01/4/2020 11:41

Not sure why there is any misunderstanding here.

Banks have been told to voluntarily cease ordinary dividends, Or
the regulatory authority will do it for them. They were given no choice.

[squire007] 01/4/2020 11:41

No divi but share price to double, mmmmm, yes plz i will bag my lot, cheers :-)

[aljm] 01/4/2020 11:40

OK, (A)who is Dr Charles Leiber ? What did one of his 'associates' get caught doing ? (Zaosong Zheng)

(B)What is ROUTE Z8301 , where does it go ?

How could Covid 19 possibly fit into this ?

A & B facts, all out there for you to read, (btw A+B does not necessarily equal C but it certainly looks theoretically viable.)

[dalep716] 01/4/2020 11:36

Sounds credible. However, on the 17th March AHO was explaining in interview that the bank was awash with cash and that liquidity to support businesses in this crisis was not a problem. So either he was very out of touch or ...

[pierre oreilly] 01/4/2020 11:32

aljm, I like puzzles, but I like to have puzzles stated in a way i can work out what the hell they are about, and what the puzzle is and what the question is.

Puzzles stated understandably like

If the risk from covid is extremely small for fit people under 50, then why are they under house arrest, and why do the police track them with drones if they venture outdoors?

[jimarilo] 01/4/2020 11:28

Labour MP Peter Kyle just said on SKY that over 75's will not be hospitalised if they have CV19. Two care homes in his constituency have CV19

[minerve 2] 01/4/2020 11:26

Probably gone into perpetual hiding like Merkel.

All a bunch of losers...Boris, Trump, Merkel, Macron..all of them.

[alphorn] 01/4/2020 11:18

It looks as though the Prefs are exempt from this freeze - refer to LLPE threads etc.

[aljm] 01/4/2020 11:17

not sure Brussels told us to lockdown, in fact they still want open borders, Lockdown came directly from Boris, then he disappears, coincidence ????

[xxxxxy] 01/4/2020 11:15

Lock Down. On orders from Brussels.Sooner break the final shackles the better.NO DEAL

[xxxxxy] 01/4/2020 11:13

NO fish for the EUSSR.NO DEAL

[mr.elbee] 01/4/2020 11:02

no yidarmy it is the marxist bailey kicking the banks again.

[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.