Lloyds Banking Share Discussion Threads

[minerve 2] 29/5/2020 11:17

mm2

I've been in my garden having a cuppa and chatting with my GF.

Did you miss me?

LOL

[alphorn] 29/5/2020 11:15

GtG #548. Agree with you and likely to get hotter coming into the election.

[mikemichael2] 29/5/2020 11:15

11.09, I was near. Thought you had me filtered Min.

[geckotheglorious] 29/5/2020 11:11

It's partisan censoring though Alphorn.

Happens predominantly to Conservatives.

The bias must end..

What will Trump do?

"Trump Signs Executive Order Stripping Social Media Companies Of "Liability Shield"

[alphorn] 29/5/2020 11:10

Red rag (literally) to a bull. What will the bull do???

"Twitter has red-flagged a Donald Trump tweet for the second time in four days by covering the president's message about the Minneapolis riots with a comment that it 'glorifies violence'. Trump's statement that 'when the looting starts, the shooting starts' is now hidden by a warning that it violated Twitter's rules - but the message can be bypassed and the tweet remains live.

The president had used Twitter to intervene in the riots which erupted for a third night running following the death of George Floyd, an unarmed black man who had gasped for breath as a police officer knelt on his head".

[geckotheglorious] 29/5/2020 11:07

Worth bearing in mind all you complacent Coronavirus sceptics.
Rather avoiding catching any form of it thanks..or passing it to someone vulnerable either for that matter.





"'Thousands' Of Dutch COVID-19 Survivors Likely Have Permanent Lung Damage According To Top Pulmonologist"

"In severe cases, a kind of scar formation occurs, we call this lung fibrosis. The lungs shrink and the lung tissue becomes stiffer, making it harder to get enough oxygen," Van den Toorn told Dutch newspaper AD (via the NL Times), adding that "there may be thousands of people in the Netherlands who suffered permanent injury to the lungs from corona."

[jrphoenixw2] 29/5/2020 11:01

'Top recovery stocks on the FTSE 100
Since the UK government unveiled its roadmap for reopening the economy investor sentiment is beginning to improve, so IG has identified some of the top recovery stocks to watch as the market picks up.'

Those three are Diageo, Lloyds and AZN. Here the bit on LLOY:
'The UK lender is looking cheap, with its share price finding support at 30p levels after losing 50% of its value amid the economic fallout from the coronavirus pandemic.

As expected, Lloyds delivered a disappointing set of first quarter (Q1) figures, with profits down 95% after the bank was forced to take a £1.4 billion charge to cover a surge in bad loans as a result of the Covid-19 crisis.

Despite this, Lloyds remains the top pick among analysts covering the UK banking sector, with Citi issuing a target price of 42p, implying a potential upside of 31%.

The rationale behind analysts assessment of Lloyds comes down to the bank’s relatively healthy balance sheet, well-discounted asset quality risks and its likelihood of emerging from the Covid-19 crisis in a far stronger position than its rivals.'

Source IG.com 19.21hrs last night.

[bakedbean] 29/5/2020 10:58

US futres turned green after 125 negative, yet it's only moved us half a percent .. annoying

[geckotheglorious] 29/5/2020 10:50

And Germany isn't even spending money Defence side on what is important either!!!

Even simpler surely?

I'm sure even you knew that!!

[geckotheglorious] 29/5/2020 10:49

Why was this not done sooner???

"Greece Sends Military To 'Build The Wall' Amid Renewed Turkish 'Migrant Chaos' Threats"

[alphorn] 29/5/2020 10:32

It is not only the total of military spending - but what it is spent on that is important.

Pretty simple - even for most commentators.

[yasyas1] 29/5/2020 10:32

Me too. Bit disappointed this motlrning after good wk

[geckotheglorious] 29/5/2020 10:29

Germany needs to be cut lose form Nato's guarantee, or Nato disbanded imo.

Perhaps a Defence/Trade pact along the lines of Canzuk+USA(ie Five Eyes) is in order.

"The greatest point of contention in U.S. relations with Germany is Berlin's refusal to honor its pledge to spend 2% of its GDP on defense. Germany, the largest and wealthiest country in the European Union, currently lacks a functioning Air Force and Navy and is completely dependent on U.S. security guarantees. Germany's unwillingness to pay for its own defense has led to charges that it is "free-riding" on American security. Grenell consistently drew attention to this untenable arrangement, much to the anger of German elites"

[mikemichael2] 29/5/2020 10:21

Just like the pandemic.

[cheshire pete] 29/5/2020 09:55

Thank you. Tend to hold long term and ignore short term volatility, although trade sometimes. Take Anglo American they can fluctuate all they like between £13 and £24, not bothered having got in at <£4 four years ago. Think they may go to £30 once world economies get through COVID.

[geckotheglorious] 29/5/2020 09:53

Absolutely 5X
Post 305487 nails it.

[alphorn] 29/5/2020 09:37

cheshire - it is decison time fast approaching for me; €1.10 could be a realistic bottom to cash out although lower is possible.
In the absence of direct forex positions you did well with your portfolio.

[chavitravi2] 29/5/2020 09:32

Just sit tight and wait for things to blow over, they usually do. If you are in for the long haul to get the good divi's when they return this short term hiccup is no problem. That is if you were fortunate enough to get in at what would seem about bottom. At current price if divi returns as before it's worth about 10% on your money p.a.

[cheshire pete] 29/5/2020 09:32

Alphorn: "Cheshire - this thread has become 95% long emotional claptrap and short anything factual.

Some time ago I offered to make suggestions as to how you could lock in some forex gains. Well mine are still ticking over and will close some out next few days I expect. A bonanza would be an understatement."

You did indeed Alp, thank you. Most of my holdings are high overseas $ earners, big miners, pharmas etc. so not too concerned if £ falls.