Lloyds Banking Share Discussion Threads

[utrickytrees] 16/6/2020 19:15

Rashford initiates government U turn on free school dinners without intervention from the opposition. Rashford successful where Starmer fails, perhaps theres an opening on the labour front bench?

[geckotheglorious] 16/6/2020 19:02

UK Police Officers Told To "Take A Knee" For BLM Protesters

“Police in need of reform and mass firings of the upper echelons of Police force urgent. Common Purpose is responsible for this ridiculous order from above”

"It's as if those at the top of the Police force want to hole public trust in the institution...Why?"

[daddy warbucks] 16/6/2020 19:01

3 x ten million trades gone through. Could these be shorts?Let's see if the price falls tomorrow, by a penny or two, then watch it come back later in the day.

[geckotheglorious] 16/6/2020 19:01

Biden Has 'Deplorables' Moment; Says '10 to 15 Percent' Of Americans 'Not Very Good People'
“Wonder if he includes his predilection to sniffing hair and touchy feely of young women and kids generally?”

Oh and his criminality and deceitful hypocrisy over Ukrainegate

[sikhthetech] 16/6/2020 19:00

"But economists say the full effect on employment will not be felt until wage support schemes end in October."

[optomistic] 16/6/2020 18:52

36p not long to wait :-)

[mr.elbee] 16/6/2020 18:51

borrowing money...when done by governments..is NEVER paid back

[alphorn] 16/6/2020 18:17

max - saw that; unbelievable.

[maxk] 16/6/2020 18:14

Fluffing your exams? No problem, we have the solution.

[geckotheglorious] 16/6/2020 18:05

Swedens annual tourism - 2018
14.926 million

UK annual tourism - 2018
37.9 million

As I said, Sweden has no international global city(UK does) , there is a far larger populace travelling to/from UK annully than Sweden. Before Illegals.

Swedens model is not the one to follow for a global city,and a far more transient populace!!!! Common sense in fact.

Compare like for like - Sweden is far worse than Norway/Denmark.
Why?

[jl5006] 16/6/2020 17:57

And considering that only 290 cases were said to c 19 - without supporting evidence of organ failures - under 60.
Where is credibility.
It does matter that the knownouts do not know - but their press guard times will destroy their future.
No paper print.
Fact only emerges in a physical form = watch and see self inflicted destruction
GLA

[maxk] 16/6/2020 17:56

I would have thought the Nu-ish Lab party would be it's natural home.

Stoomer would love it.

[iomdm] 16/6/2020 17:53

Gecko, if you are comparing individual weeks you will obviously find different results depending where on the curve each country is.

There are some 70+m people in the UK with $0,000+ deaths, this represents something over 5.5 per million. Using your figures above for Sweden of 10m pop and 5,000 deaths, that equates to 5 per million. Obviously the figures will alter before the pandemic ends and final figures are declared for each state. You would also need to be sure the methods of counting are similar and the degree of accuracy in each country.

It may be best to be in somewhere like New Zealand, although they seem to have let a couple in from the UK who have spoiled there free from status.

[alphorn] 16/6/2020 17:40

"social distancing for cars" - with ideas like that they will be co-opted immediately into Boris' cabinet to spearhead Brexit negotiations.

ROFLMAO

[jl5006] 16/6/2020 17:39

And why is LLOY share price threatened /
By Dobbin - dont believe it was M2
Lot of bad comments - just life -
Why me - last call
No call on M2.
LSE got the same
Just as 500k phoned the police to say s one had not abided.
Live and let live has gone for the snowflakes - live and let die follows.

[jl5006] 16/6/2020 17:31

Sadly all the guesstimates are just that
NO CRITICALLY IDENTIFIED CASES,
Just guess and guess on and presuppose.
I cannot believe that my local council with a small c - could ever contemplate social distancing for cars.
But they have.
Credibility in the gutter or below.
Where is common sense?

[geckotheglorious] 16/6/2020 17:18

iomdm
Post 307571
"Gecko, if you were to add the UK's figures to your list I think they would be by far the worst. Make Sweden look successful"

Incorrect.

For example..

Sweden highest death rate in Europe from 25th May to 2nd June. 5.2deaths/million.
UK 4.48deaths per million.

Sweden far worse.

Also Sweden doesn't have a global world City as UK does. Or as USA does.

Additionally what are the global travel dynamics for UK, USA and Sweden.
Annual travel numbers etc etc.

[sikhthetech] 16/6/2020 17:15

Cobourg,

The economy and markets are being supported by the govn... The furlough scheme will eventually be wound down and end.
Mortgage payment hols will eventually come to an end.

The problem with borrowing money is eventually it needs to be paid back... Remember what happened after the financial crisis a decade ago - I think the current situation is 10x worse.

Mr Trump needs stability if he wants to win the US Presidential election. He will do everything he can to support the markets...

Just look at the number of people at parks, seaside, in demos - they're wondering around as if they have won the lottery and everything is fine.


There are some things which the govn cannot support just by printing money, like US-China Trade Wars, Brexit, consumer confidence to go out and spend etc etc..
Once Furlough and mortgage payment hols end, I think there will be lots of people made redundant and house repossessions increase...



I drip fed into Lloy at 28p and wouldn't buy above 30p as I think there will more crashes over the next few months..


It's early days...

[mr.elbee] 16/6/2020 16:42

spot on penultimate para cobourg

[cobourg1] 16/6/2020 16:34

Sikhthetec - The markets are volatile and being supported by govn for a reason... I think stockmarkets are over priced given the current economic climate...

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

Sikh - You are quite right. Yes they are overvalued. But that doesn't automatically mean that they're going to fall.

There is a lot of money being borrowed by governments at the moment and probably even more being printed. Money flows around the economy I think it's been said 13 times before it eventually settles and seeks for somewhere be either saved or invested.

Invested where?

Savings accounts paying no interest? Property, with values of commercial and domestic property falling? Commodities, a better bet perhaps and commodities will rise slowly in line with inflation. Gold? Since 1900 it has maintained its value and kept pace with inflation, but that's all. I think anyone who sees gold at $5,000 is living in lala land.

Or equities, which at least offer the opportunity of some long-term capital growth and dividends. Just like Lloyds does incidentally. Yes they are overvalued on the basis of forward earnings etc but where the hell else can you put money. Putting it under the mattress is not a very smart investing strategy.

I've been shorting the indexes for years and losing money, especially on the Dow, convinced that they were overvalued and would fall. Well they did fall a few months ago and I finally made some money, but look at the way they have recovered. The Dow for instance won't fall substantially or for very long because it will not be allowed to fall. The banks won't fail because it would be catastrophic if they did and they will be given whatever it takes to keep them going. The real value of money is falling in an insidious way of course with all the printing, but who thinks about that.

In my opinion Lloyds in the lower 30s is in an unsustainable position. Value will out and the price will rise.

Just my view of the current world.