Lloyds Banking Share Discussion Threads

[cheshire pete] 09/4/2020 09:53

LADESIDE: "there's even some on here who think this is the EU in cahoots with China to screw Brexit !!"

No way LADESIDE, the EU don't need help from China as we have plenty 'enemies within' who are still trying to screw Brexit.

[ignoble] 09/4/2020 09:53

Let's be fair, although I usually vote Tory, I did again this time mainly because I wanted Brexit over
I was sick of hearing about.
Many reasons that I would not otherwise have voted Tory, the main one was that the thought of Corbyn was unthinkable

[ianood] 09/4/2020 09:52

Financial eilte - MPs, you must be joking!

Simple solution - send the bill to China or tax the hell out of them.

[ignoble] 09/4/2020 09:50

You couldn't make it up...

[gbh2] 09/4/2020 09:46

"Maybe its not a time to be avaricious"

Try telling that to the Financial Elite, the example has already been set by our Avaricious MPs who have allocated themselves yet another £10,000 expenses for Working From Home!

[ladeside] 09/4/2020 09:44

The market ISN'T reacting "as if everything is ok". In fact it's far from it.

Using Lloyds as an example, the share price has crashed from the 60p - 65p range down to the 28p - 33p range and over and above this the dividend has been cancelled.

That's far from "ok" !!

[ignoble] 09/4/2020 09:42

Some wise words, gentlemen...

[ianood] 09/4/2020 09:42

Maybe its not a time to be quite so avaricious as survival just might be a little bit more important?

[ladeside] 09/4/2020 09:41

I'm not saying anything of the kind, in fact I think you've mixed me up with someone else.

I'm well aware that "covid" has only hastened the demise of many and in fact most were already dying, you've no argument with me there.

My issue is that there's no doubt that certain areas of the country are being overwhelmed with the virus which is causing a strain on hospitals and frontline NHS staff, as such it's imperative that we allow our health system to cope and the lockdown measures are effectively buying us time.

My personal beliefs are that we will have an easing of restrictions and a return to a semblance of normality by June, this is based upon the known Economic issues and pressure being exerted by business lobbying groups, there's also evidence to suggest that we'll be over the initial wave by that time and that our medical facilities will be in a far better position to cope with a further wave.

There also seems to be a common consensus and growing call throughout Europe to get their Economies back on track, especially if they have slowed the spread. Like everything else we need to work together to ensure we can track the virus and that will involve much more testing as that seems to be the key.

Regarding your question about ICU deaths / recoveries, this seems to vary from place to place, however in Bergamo they reckoned it was a 50 / 50 between those recovering and those dying and that it could take up to three weeks. I've seen other reports from Spain where they reckon under 35% are recovering once placed in an ICU and ventilator.

[aljm] 09/4/2020 09:37

Eddie large passed away very recently, he had had a few heart attacks, and he contracted cv19 in hospital , that was the final straw for him , but did CV19 kill him ? NO ,it was a contributing fact, but it was NOT the cause

[pierre oreilly] 09/4/2020 09:35

So deaths which last year would be related to smoking are now most likely related to covid?

covid is the new copd?

And likewise deaths due to the flu.?


I don't know how deaths are classified. Can you die from 'smoking' for instance, or would the death certificte say something else?

[aljm] 09/4/2020 09:30

apparently they are testing all deaths for CV 19, so , if you get hit by a car and killed, then they WILL still test you , and guess what, this is going on ! look at Eddie Large for an example !

[pierre oreilly] 09/4/2020 09:30

No, they probably want a bonus for stopping divi payments.

[semper vigilans] 09/4/2020 09:28

Is it me or have I missed public sector salaries being cut to share the pain of the private sector!

[milliecusto] 09/4/2020 09:28

This market is wrong or I am missing something, this has to be worst than 2008, so why is market acting as if all is ok

[pierre oreilly] 09/4/2020 09:25

Ladeside, no, the difference is if you see '745 covid deaths today' you seem to think 745 have dies from covid. I think, where the f does that 745 number come from. How do they know if my 95 yo neighbour dies from covid. How do they know those poor people in care homes died? Was it old age, pneumonia due to flu, or due to covid, and who takes the time to find out? And what explains the massive lowering of flu deaths recently? Basically, you are prepared to believe 100% in what you are presented, and can't distinguish between covid deaths in hospital and covid deaths overall, and deaths just put down to covid because it's the most pragmatic way to get the job done. I am or used to be a scientist, and as such I am sceptical of data people put in front of me, especially when i know that data is impossible to know and is a best guess.

And please, not your usual resonse of 'so you're saying covid is a conspiracy are you'. I'm saying data in this situation is unreliable, maybe more maybe less maybe anything. And incredible actions needs incredible evidence.

Ask your oracle this - how many covid deaths are deaths due to covid and how many deaths of people from other underlying causes who just happened to catch covid before they died (which probably hastened their death).

[mitchy] 09/4/2020 09:18

One way or another there is no escaping the humongous debt the world is creating for this extended holiday from work . Either hyper inflation or repayments that we will carry for years to come. Or am I missing something?

[mitchy] 09/4/2020 09:12

Plus if all this money is to be repaid by year end then there will be little money for retail .

[ladeside] 09/4/2020 09:11

Pierre, the big difference between us is that you seem to see everything on a UK level and from a UK perspective, there's even some on here who think this is the EU in cahoots with China to screw Brexit !!

Seriously !!

When I talk about research, I'm talking about various English translated news sites from around not only Europe but the world. I read and research facts as much as I can as bare facts don't have an agenda, only those who present them in such a way to favour a specific outcome.

Ultimately I don't see the virus as some political conspiracy to bring in a new socialist world order. Don't get me wrong, I wish it was, however we all know that the people who end up paying the Economic cost of this will be the poorest and most vulnerable in society as they ALWAYS do........

[mitchy] 09/4/2020 09:09

So the BOE and the government are going to add car loan repayments to mortgage repayments, 80% wage furloughs, increased NHS expenditure etc during the lockdown period. On a temporary basis !To be repaid by year end. Seems like a plan so why am I becoming a tad nervous ? How does this not turn into Zimbabwe inflation when the BOE Stops bankrolling this magic solution....in about a month or two's time ?

[aljm] 09/4/2020 08:54

morning people.

Pierre i agree 100% no way are we gettig TRUE CV19 figures, someone was saying last night that worldwide, Flu deaths are way down , heart condition deaths are way down, why or how ? there is a video doing the rounds that an American Dr had a 7 page document that he had to follow , that he had to put all deaths down to CV19, plainly he was not happy to do so , as it is an offence to lie on a death certificate.

Why is Italy and probably a lot of other Countries reassessing all their CV19 cases that died ? Something is clearly wrong here,

[pierre oreilly] 09/4/2020 08:46

Ladeside, I'm so pleased you have the oracle of truth at your hand.The main question to be asked is how many of covid deaths are due to covid, and how many died with covid but of an underlying condition.The cost of all this (and tbc to people like smarty, costs are not simply financial costs) are unprecedented, including many extra deaths. I hope the benefits outweigh this costs, but my view is they come nowhere near, in fact orders of magnitude less. Just as redwood and others are suggesting. We are on an out of control train with no brakes at the top of a mountain in complete bamboozlement.

[xxxxxy] 09/4/2020 08:28

Going forward. Policy Made in the UK. First.Not Made in China.Not Made in EUSSR.Secure food and agriculture and fish. Produced in UK first.No Deal

[xxxxxy] 09/4/2020 08:24

Gwen Tan 9 Apr 2020 8:07AMThis week Brussels/ECB will run a coach and horses through the Euro's consitutent democracies such as they are today. Whatever fudge is reached in the comming days, and one will be devised, the reality of debt union done at speed will destroy democracies and  light the fuse of unpredictable, damaging but ultimately liberating events leading to the inevitable split of the Euro and the EU.They can prevent the inevitable split by splitting the Euro in the near future in a semi controlled way with massive devalutions in the southern block. But Germany wont accept the losses or the rapid rise of the Northern Euro. It would destroy their mecantilist trade policy  and create a group of revitalised and competitative economies on their southern border. They know they have been the German's unwilling idiots depressing the Euro and supporting that countries exports to the world.So the bond markets/hedge funds are going to be the way the split will happen as the paralysed politicians and technocrats look on, hoping their gold plated pensions survive while their populations are freed from their oppressive rule.