Lloyds Banking Share Discussion Threads

[hernando2] 28/5/2020 12:13

Nissan centring European car production in Sunderland closing Barcelona...funny that we were told it would be the other way round.....go Nissan ..Go the North East...

[alphorn] 28/5/2020 12:12

Very funny.

ROFLMAO

[minerve 2] 28/5/2020 12:12

grahamite2

"The British empire was one of the greatest forces for good ever seen on this earth. We didn't steal from anybody."

We did steal from millions. In a way we still do. You obviously haven't travelled much/read your history. Don't get me wrong, as far as British Imperialism stands I generally sit on the fence and am not an apologiser. But we have apologised and we have given ownership back. If we hadn't stolen it in the first place then the apology and the handing back wouldn't happen, would it.

[aljm] 28/5/2020 12:03

Maxi, and Alpacas have a use...

[aljm] 28/5/2020 12:02

Barc has risen over 50% from low, Lloy has done @ 15%. need to do some catching up

[chavitravi2] 28/5/2020 12:00

Looks like the joystick has been pulled back for nose up.

[maxidi] 28/5/2020 12:00

Actually calling ALP an alpaca is wrong. My daughter has three as pets and they are lovely calming creatures unlike ALP.

[maxidi] 28/5/2020 11:55

The ALPaca does not ingratiate himself with anyone on this board with his non witty snipes at other posters and using holier than thou words that he ends with a LOL.
How cheap and childish can he get. He has joined the ranks of MIN2 and he brings nothing to the table.
He's like a SWISS broken cuckoo clock that's right twice a day!

[grahamite2] 28/5/2020 11:50

The British empire was one of the greatest forces for good ever seen on this earth. We didn't steal from anybody.

[minerve 2] 28/5/2020 11:50

Head of UK ‘test and trace’ system warns it won’t be ‘world-class’ at start



LOL

[minerve 2] 28/5/2020 11:48

UK had no stocks of protective gowns when coronavirus struck

Government failed to take swift action after warning from top scientific advisers last June



Dither and delay from Boris and others.

[davius] 28/5/2020 11:47

Noooo, have they finally split up after all these years?

[xxxxxy] 28/5/2020 11:40

Actually the EUSSR can SOD OFF

[alphorn] 28/5/2020 11:40

M2 - worth repeating twice. Very true.

The other side of the coin is two wrongs........

[xxxxxy] 28/5/2020 11:39

347. Quickly. Agree. Absolutely.And No Deal

[minerve 2] 28/5/2020 11:37

Fat finger double post.

[minerve 2] 28/5/2020 11:34

"They are ours"

Who says so? God?

[alphorn] 28/5/2020 11:33

Talking of maxDummkopf up he pops. Lol

[alphorn] 28/5/2020 11:31

GtG - what a fool!

[alphorn] 28/5/2020 11:29

G2 - maybe!!!

[minerve 2] 28/5/2020 11:29

Most companies are very difficult to value ATM. A pandemic is not something the investor generally has to deal with. Even if governments want to attempt normality it simply isn't going to happen anytime soon. And what happens when the government financial support starts to run out of steam and those on government funded furlough get made redundant? Even when business returns many will be much smaller and lumbered with more debt. Earnings are going to be generally lower for at least a few years and dividends may not come back soon to the levels they were only 3 or 4 months back.

I've decided to park a very large chunk of money into tobacco stocks. Dividends are generally not under threat and free cash flows are huge. Imperial Brands, for example, yields almost 10% and can afford to pay it.

If you buy Imperial Brands today you are getting 18.5% free cash flow return on your share (compared to the price you pay). Of course tobacco isn't the favourite kid on the block and short/medium term you may have to sit on quotational loss but on that FCF/price ratio paying down debt or buying back shares, over and above the dividend payment, is no problem at all.

Even if tobacco revenues fall on that return you are easily covered. You could buy back all the equity in c5 years, pay off all the borrowings in less. I doubt smoking is going to disappear to that extent in such a short period.