Lloyds Banking Share Discussion Threads

[alphorn] 30/5/2020 10:21

Pleased that there are people like buywell posting - just makes it easier for the minority investors. He is unlikely to invest a penny as he would lose, lose and lose with his views.
Keep going, it is amusing and that is why you are not filtered.

[careful] 30/5/2020 10:11

All this talk about the American election.
Trump vs Biden.

No one seems bothered that Biden will be in his 80's in his first term if he wins.
He is too old, age matters.
Having an octogenarian in such a high pressure job is madness.
Same with Nancy Pelosi she is too old.

I am no fan of Trump, but it is a pity that the democrats could not produce a candidate of a reasonable age.

[bbalanjones] 30/5/2020 09:41

M2: Wuhan facility: Facts mean nothing to closed minds.

[poikka] 30/5/2020 09:21

This is not original..

Let's swap those who want to do this country down (including M2, lol), with Hong Kongers who want to do well and hate communism.

[buywell3] 30/5/2020 08:23

============ Why buywell has had a downer on Financials for years ============


The amount of monies pumped into holding up economies since the credit crunch have rung alarms.

Most banks have not got enough cash to cope with the Covid world depression which many seasoned veterans think will be akin to the last Great Depression , which lasted years and dropped markets circa 90 per cent.

Most countries won't have enough cash resources and even most major financial institutions such as the EMF for example.

We have just seen the US Treasury give the FED over $425 Billion . It did so in the knowledge that the FED would leverage this money by 10 to $ 4 Trillion to keep the USA lights on.

Talk of a stimulus does not cut it with buywell

This money is a sticking plaster.



--------------------------------------------------------------------------------




But ALL countries in the world will be wanting money , and the only Institution which is funded to cope is the IMF with a $ 1 Trillion pot.

But even that has only so much and then the well runs dry

A $ Trillion goes nowhere these days , so what happens then ?




Well last chance saloon will be SDR's issued by the IMF AND they are currently being discussed with the intention of using them in quantity.

They have been used before

buywell googled SDR's will they save the world ?

Having looked into them and their creation and value , buywell thinks not

Just not enough to go around in an over populated world to save everybody.

And their value like paper printed money is an illusion based upon a promise.



also read



IMO dyor

[xxxxxy] 30/5/2020 07:31

1:08amUS 'terminating' relationship with WHODonald Trump has said he is "terminating" America's relationship with the World Health Organisation (WHO), indicating the international body would get no more US funding. The US president cited the body's ties to Beijing as he made the announcement on Friday, saying: "China has total control over the World Health Organisation."Mr Trump's decision to cut off ties with the body helping lead the worldwide response to Covid-19 while the pandemic is still happening triggered criticism from some quarters. 

[xxxxxy] 30/5/2020 06:57

Has lock down worked?
By JOHNREDWOOD | Published: MAY 30, 2020
On 23 rd March the UK was put into lockdown to reduce the number of Covid 19 cases, to reduce pressure on the NHS and to limit the deaths from the disease.

As the proposers of the policy thought, admissions to hospital with severe forms of the disease peaked 9 days later at 3121 cases on April 2nd. Peak use of NHS ventilator beds was hit a week later on April 10, which was also the day of peak deaths. I have taken these figures from the latest Downing Street briefing graphs. The method of counting has changed over the period, increasing the number of deaths recorded as time passed.

This implies limiting contact was the way to slow the progress of the virus, and did lead to an important reduction in serious cases and deaths. So far so good.

What does need more examination is why it has taken so long to secure faster and more dramatic declines in serious cases and deaths after success in changing the trend in early April. You would have expected the figures to come down quite quickly to low levels. After all we are advised that a person with the disease is clear after seven days, and a person getting it before symptoms show should be clear in 14 days. Thus we would expect a sharp fall off after the 14 day point from lockdown.

As we enter the test and trace era, it would be good to hear from the medical and scientific advisers why they think the diseases has lingered at relatively high levels for so long during lock down. Are all the cases now concentrated amongst the small proportion of the population that go to a physical place of work? Are hospitals and care homes now a main source of spreading the disease? Or is the disease somehow still spreading – at a slower rate – through the population that are staying at home? If so, how is it being transmitted?

These become important issues so that we know who to isolate and consider what other measures to take in the Test and Trace phase. Do we need better infection control in those health and care settings that do get the disease? Are there issues with deliveries to households? What more can be done to rid items and surfaces of the disease? Has the UK investigated the use of UV light machines to destroy the virus on surfaces? I will pursue these questions with the government.

[buywell3] 30/5/2020 01:49

freddie

long time no speak

or should buywell say squeak

Read the last half of buywells post again , you posted whilst I was adding to it

[freddie ferret] 30/5/2020 01:41

The early trials seemed to be for combining chloroquin or hydroxychloroquin with other drugs notably some HIV drugs, I think the Indians had some success.

Incidentally if you listened to the whole of Trumps press conference (it was a three hour one but was broadcast on LBC live) where it was suggested afterwards that he had suggested drinking bleach actually he suggested nothing of the sort.
His thinking seemed to be along the lines of something toxic to the virus being inhaled. It is worthwhile noting that a recent report has suggested the the use of one of the interfearon drugs and its administration by inhalation.

[buywell3] 30/5/2020 01:30

-------------- Hydroxychloroquine (HCQ) sulfate -----------------

buywell sides with Trump



This 50 year olde drug does indeed seem to have some merit and one has to wonder why the WHO have stopped the Covid-19 trials

This drug has been around for decades and has been used to treat autoimmune diseases, such as systemic lupus erythematosus and rheumatoid arthritis for all of that time.

Many users suffering from those conditions say they can't live without it.

Plus it has recently been shown in-vitro to be effective against SARS-COV-2



buywell can understand why Trump's doctor said it was ok for him to use it

Sepsis and Septic Shock have been associated with causes of death from those in ICU's on ventilators ( in a bad way).

You girls might have heard of 'Cytokine Storms ' in the press or on TV , if you have not then you will.

Clinical investigation found that high concentration of cytokines were detected in the plasma of critically ill patients infected with SARS-CoV-2, suggesting that cytokine storm was associated with disease severity.

Other than its direct antiviral activity, HCQ is a safe and successful anti-inflammatory agent that has been used extensively in autoimmune diseases and can significantly decrease the production of cytokines and, in particular, pro-inflammatory factors.

So it does have more merit IMO

In conclusion, our results show that HCQ can efficiently inhibit SARS-CoV-2 infection in vitro. In combination with its anti-inflammatory function, we predict that the drug has a good potential to combat the disease.





Immunotherapies for COVID-19: lessons learned from sepsis

Therapeutic approaches to mitigate the severe acute lung injury associated with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) infection have rapidly entered clinical trials primarily on anecdotal observations and few clinical studies. Along with the clinical symptoms related to viral invasion, the reported molecular response known as the cytokine storm has attracted the greatest attention, in both the scientific and the lay press, as a cause of organ injury.




buywell is of the opinion that ICU survivors of Covid-19 that have been on mechanical ventilators will have some form of organ damage

That will most likely be lung , plus kidney or heart and as is the case with many here , brain damage.

The cause being Sepsis leading to Septic Shock

Hence Hemodynamic Monitoring of ventilated ICU patients is IMO critical in both avoiding deaths AND minimising the time spent in ICU ie L.O.S Length of Stay in hospital. Thus freeing up ICU beds which will be overwhelmed in the next Covid-19 Wave 2 , in a couple of months from now so that the pitiful few ICU beds there are can be used to treat as many patients as possible .

LiDCO (LID) supplies nearly 70% of the NHS requirement of these , it recently sold another 10% in the first quarter of this year.

Watch out for the AGM statement on monday




dyor

[eisler] 30/5/2020 01:28

Sitting on a chunk that I am under water with long-term, but LLOY like a cash point at the minute - in at high 20s, out at low 30s - few hundred quid each time

[cobourg1] 29/5/2020 23:57

Thanks gwatson56, here is the full item:


Alliance News) - Lloyds Banking Group PLC said Friday it will repurchase up to USD1.82 billion in bonds due from 2021 to 2029.

The FTSE 100-listed lender will be buying back from 17 bonds through its subsidiary Lloyds Bank PLC, eight of which are euro-denominated, two denominated in US dollars and the rest in pound sterling.

Lloyds Bank Corporate Markets PLC and UBS AG London Branch are acting as joint dealer managers, while Lucid Issuer Services Ltd is acting as tender agent.

The settlement date for the offers is scheduled for Tuesday next week.

Shares in Lloyds Banking Group closed down 3.3% at 30.34 pence on Friday in London.

....................................................................


Can't be worried about the future need for cash if they are buying back bonds before they have to. Are they buying back because the bonds are cheap currently? I'm glad that the dividend I didn't get is paying for a minute part of this purchase! At least they are reducing debt and saving the interest payable on the bonds, if I am understanding this correctly.

However, bond and share buy backs are often thought to mean that managements have run out of ideas for investing in opportunities for growing the business. Don't know what to think really.

[buywell3] 29/5/2020 23:31

Children

buywell has had a laugh reading your posts and name calling using those naughty words that mummy told you not to use.

Some of you do have brains ----------------------------------- use them




Now that idea about letting circa 300,000 Hong Kongers come to the UK does have some merit

In fact buywell will go so far as to say it would probably be the best injection of fresh blood into the sickening body that England has become for the last 100 years.

BUT

They must be screened to make sure they are who they claim to be

England has enough sleepers in it already


Found that Wuhan Lab , Barnier Chirac link yet ?


some of you are in need of help buywell notes .......... again

Wuhan virus lab was signed off by Michel Barnier in 2004 ...
› news › article-8351113 › Wuhan-virus-lab-...
6 days ago - Jacques Chirac, the French president at the time of the deal, pushed for the Wuhan institute to be set up after the 2003 SARS outbreak, which ...


How Michel Barnier authorised China's secretive Wuhan lab ...
› News › World
May 3, 2020 - EU BREXIT negotiator Michel Barnier authorised the creation of the secretive Wuhan lab when he was France's foreign secretary as part of a ... Foreign Affairs for then President Jacque Chirac, Mr Barnier agreed on the deal.


The inside story of the Wuhan virus laboratory blamed by ...
› news › wuhan-virus-inside-story-laboratory-...
May 4, 2020 - President Donald Trump has accused the Wuhan Institute of Virology of ... Michel Barnier, the EU Brexit negotiator who was at that time Jacque Chirac's foreign minister, signed the decree that led to the Wuhan lab's creation in 2004. But French firms got only minor roles in the building of the laboratory, and ...

Coronavirus shock: How Michel Barnier authorised creation of ...
hxxps://todayheadline.co › coronavirus-shock-how-michel-barnier-authoris...
... Barnier authorised creation of China's secretive Wuhan lab | World | News — ... opened in 2019 following an agreement in 2004 between China and France. ... of Foreign Affairs for then President Jacque Chirac, Mr Barnier agreed on the ...




and from a french website

Le laboratoire P4 de Wuhan : une histoire française - France ...
hxxps://www.franceculture.fr › sciences › le-laboratoire-p...
Translate this page
Apr 17, 2020 - Et en 2004, un accord signé par Michel Barnier, ministre des Affaires étrangères de Jacques Chirac, lance le projet du P4 chinois. Il reste à ...

[minerve 2] 29/5/2020 23:30

The WIV was founded in 1956 as the Wuhan Microbiology Laboratory under the Chinese Academy of Sciences (CAS). In 1961, it became the South China Institute of Microbiology, and in 1962 was renamed Wuhan Microbiology Institute. In 1970, it became the Microbiology Institute of Hubei Province when the Hubei Commission of Science and Technology took over the administration. In June 1978, it was returned to the CAS and renamed Wuhan Institute of Virology.[16]

In 2015, the WIV's National Bio-safety Laboratory was completed at a cost of 300 million yuan ($44 million) in collaboration with the French government's CIRI lab, and was the first biosafety level 4 (BSL–4) laboratory to be built in mainland China.[2][17] The establishment of the laboratory was partially funded by the U.S. government and took over a decade to complete from its conception in 2003.[2]



You were saying?

[gwatson56] 29/5/2020 23:04

Morningstar reports that LLOY has repurchased up to 1.28 Billion in bonds late on today.

[buywell3] 29/5/2020 22:59

You anti Brexit guys don't get it

The EU experiment is now a Covid dead duck waddling on CPAP oxygen support

They are ALL now looking after their own interests

This one size fits all idea was stupid politicians without any business nous cobbling together a get rich scheme to give themselves highly paid jobs and higher pensions.


Did you know Michael Barmier and Chirac were responsible for the creation of the Wuhan Lab where Covid-19 was created ?

In 2004 it was.

check it out dyor

[minerve 2] 29/5/2020 22:31

I'm glad the scientists are distancing themselves from the circus.

[minerve 2] 29/5/2020 22:30

Second UK scientific adviser says it's too early to relax lockdown

Another member of the UK government's Scientific Advisory Group for Emergencies (Sage) says England is easing restrictions too soon.

Dr Jeremy Farrar, director of the Wellcome Trust - Britain's biggest charitable funder of scientific research - tweeted that current infection rates were too high for the lockdown to be lifted.

He said a fully working system of test, trace and isolate (TTI) had to be in place to deal with any fresh surge.

Farrar said he agreed with fellow Sage member John Edmunds, who warned earlier that infection levels were still very high and relaxing lockdown was a "political decision".

"Agree with John and clear science advice," Farrar tweeted.

[utrickytrees] 29/5/2020 22:28

& hes off.

[minerve 2] 29/5/2020 22:25

The UK (especially England) already has the worst outcome in terms of death per capita in the world from this pandemic.

How much worse does our incompetent political leadership want this to become?

Do they think the economy will fare better if the general public becomes spooked again and loses confidence in their leaders?

This is potentially a very slippery path. Listen to the professionals!

[minerve 2] 29/5/2020 22:19

Bozo and Dom have noticed this is a once-in-a-lifetime opportunity to solve the social care crisis, the NHS crisis, and the housing crisis; "never let a good crisis go to waste" Dom is fond of saying, as he ambles away chuckling maniacally...

[utrickytrees] 29/5/2020 22:10

Only flat in Mandela Towers with it's own post box.

[minerve 2] 29/5/2020 22:03

jacko07

Doing some DIY and enjoying the weather. I put up a new cast iron post box.