Lloyds Banking Share Discussion Threads

[y1phr1] 01/4/2020 18:47

Time to buy

[jonnib77] 01/4/2020 18:45

Walk through a council estate or a poor community and you will see 5 - 20 year old cars on the drive. Walk through any reasonable estate and you will see drive after drive of new cars. nearly all will be rented and I for one will have zero sympathy for any of these people. Its the middle income earners who over spend the most. I work in an indusrtry that can see this. Its pathetic to see people who earn enough money to have an OK lifestyle and not go without, simply want more that they cannot afford... you will be surprised how many households have two rented cars because wife/hubby can't be outdone. I hope this virus resets young peoples minds that debt is not a good thing and start saving instead of whining about how they can't afford a house yet still have holidays, cars and all the latest gear, not to mention going out every night or ordering takeaways

[jonnib77] 01/4/2020 18:45

Walk through a council estate or a poor community and you will see 5 - 20 year old cars on the drive. Walk through any reasonable estate and you will see drive after drive of new cars. nearly all will be rented and I for one will have zero sympathy for any of these people. Its the middle income earners who over spend the most. I work in an indusrtry that can see this. Its pathetic to see people who earn enough money to have an OK lifestyle and not go without, simply want more that they cannot afford... you will be surprised how many households have two rented cars because wife/hubby can't be outdone. I hope this virus resets young peoples minds that debt is not a good thing and start saving instead of whining about how they can't afford a house yet still have holidays, cars and all the latest gear, not to mention going out every night or ordering takeaways

[blueball] 01/4/2020 18:41

stay short.

[joe king1] 01/4/2020 18:39

True, most folk carry huge debt.

I was brought up by being told - don't buy what you cannot afford.

So, what i own, i worked and saved for. No dept, although we had a mortgage, which i paid off in February 2020, 15 years early.

Wheeling and dealing, making a pound or 2.

[alphorn] 01/4/2020 18:38

Ian, beat me to it. A clue in Limited Company. Lols

[jl5006] 01/4/2020 18:33

Nothing to do with banks. just personal greed without consideration for the future repayments. It was allowed and ppl think that they can be bailed out
default on mortgage - / bankruptcy? rental declined.
Drive ur flash ca on FL - default - same action - cant rent.
Always got to be new - new buggy for each child -
Credit record ruined.
Dont expect a bailout for things u could never realistically afford.
reallity dawns

[m5] 01/4/2020 18:32

Exactly Dwinn78.

[xxxxxy] 01/4/2020 18:31

Printing money. Zimbabwe.Boris. Get a grip.

[dwinn78] 01/4/2020 18:29

Stress tests didn't have this scenario in mind . Impossible to put a valuation on any bank just now . Good luck if your holding .

[joe king1] 01/4/2020 18:26

So similar one is Irish, the other isn't

[mccrecord13] 01/4/2020 18:24

This is so similar to BKIR ...

[joe king1] 01/4/2020 18:20

I think the banks are well funded, even more so not paying a Divi out.

That said, the hedge funds will still put them through the wash cycle.

[stonedyou] 01/4/2020 18:20

Coronavirus cure: Anti-viral drug reduces fever and clears pneumonia symptoms

A CORONAVIRUS cure may have been discovered that rapidly improves recovery time, such as shortening the period of high temperature and coughing and clearing the pneumonia symptoms in severe cases.

[joe king1] 01/4/2020 18:17

Airlines will collapse, Virgin Atlantic may be first. Jet2, which is predominantly used by the lower classes, could also be first, the race is on, although J2 will have an eye watering RI.


If lloy has anything to do with financing airlines, the share price could be low 10p's.

[m5] 01/4/2020 18:00

UtyINV1 Apr '20 - 10:07 - 8601 of 8672

Well they wont be going on many holidays, eating out, or even going to the gym, so think of all the money they will be saving!!! Every cloud.

Sorry but I can't feel sorry for pensioners having to go without a divi for a while.To be honest I think it will be a long time. People are losing their jobs and businesses are collapsing.

There is a train of thought and to be honest I can see it happening, that we could be bailing the Banks out again. What we have now is the tip of the iceberg, in terms of business failures, wait until loans, overdrafts, mortgages start defaulting, and they will as people lose their jobs. Banks will be in serious trouble and it could be a cap in hand job. Meanwhile they have been doing share buy backs. Genius.

[mr.elbee] 01/4/2020 17:43

it is if you imagine the worst.

how about a different view?

A cure? a Vaccine? a fall in deaths? the numbers fakery is exposed?
Boris gets a new medical team with brains and integrity as opposed to the present lot.

Boris realises he has made a mess of this and Cummings rescues him

Oxford antibody study out very soon discredits everything loonies Ferguson and Whitty
have said and done..French tests on chloroquine out soon very positive as a real cure available NOW..numbers already falling in Southern Europe. The USA gets through the worst.

Only little girls,snowflakes and children panic..they know no better.

[hernando2] 01/4/2020 17:36

Basically the banks are going to be insolvent with the number of defaults arriving at their door, they have been and will be supported to the hilt to prevent a collapse..

Everything is shutting down and people are being supported via wages paid by the government and so on...business have got loans and rate relief, but they will still go bust.


The only way for banks to survive is with unlimited government funding

Its all getting a bit scary..