Lloyds Banking Share Discussion Threads

[xxxxxy] 29/7/2020 12:34

John Redwood@johnredwood·24 JulNo deal is better than a bad deal. UK right to hold out for an FTA whilst taking full control of our laws, borders and fish.

[alphorn] 29/7/2020 11:59

G2 - "I'm old enough not to expect much of politicians".

We are in a very rare situation where in fact the politicians will indeed decide what lies ahead for the UK's basic international relations and the domestic economy.

In almost all other cases the politicians give with one hand and take with the other for a zero sum game. Not this time, once in a lifetime for many people. Most do not have any idea how important.

I don't post the size of positions anymore but the gains from the uncertainty from 2016 onwards were to me virtually guaranteed. Going forwards I can not believe that No10 can be that stupid going for WTO, which IMO has a very short shelf life, hence my switch to bullish sterling.

As you can read, I expect a lot from politicians.

[minerve 2] 29/7/2020 11:58

Oh yeah, very good idea.

We want democracy. We don't want unelected bureaucrats in Brussels. We want Dominic to run everything including eye tests.

[xxxxxy] 29/7/2020 11:38

Well said.

[xxxxxy] 29/7/2020 11:37

Sounds like a very very good idea.

[maxk] 29/7/2020 11:32

Great idea...wait for the howls?


lol

[grahamite2] 29/7/2020 11:23

A Telegraph contributor suggests Dominic Cummings should be appointed DG of the BBC. Sounds like a good idea.

[minerve 2] 29/7/2020 11:18

Always looking backwards is our grahamite2. ;)

[grahamite2] 29/7/2020 11:12

This country doesn't need lessons in human rights from the blood-soaked former dictatorships of continental Europe. It really doesn't.

[optomistic] 29/7/2020 10:53

Scrips used to be very 'fashionable' and |I looked forward to them. share price mostly dropped on the allocation but then recovered over the next few weeks. Wouldn't mind a load more from Lloyds

[minerve 2] 29/7/2020 10:49

"The dilution of human and employment rights, as seen by the EU, is highly desirable"

It depends on which side of the fence you sit on grahamite. I doubt that you and the rest of your family are sat on the right side guessing on your, no offence, likely net-worth. ;)

[minerve 2] 29/7/2020 10:45

I think the response to my previous post tells you all you need to know about the goons that have responded to it in the way they have.

[minerve 2] 29/7/2020 10:44

On a lighter note I purchased a new Apple computer yesterday. I haven't had my previous one for long but have been playing 'musical tech' with the family. We do play it from time-to-time. I decided to purchase a desktop rather than a laptop. As mm2 states, I'm so fat now that I can no longer move from my computer desk so what is the point of a laptop! ROFLMAO!

Anyway, to the point: Barclay's Finance were offering 0% interest on purchases for up to 24 months. This was an option for purchasing Apple computers from Apple on-line. It was a genuine 0% interest against RRP because it is identical whether you bought via credit or immediately via debit. There were other options like the usual PayPay Credit too. On-line credit must be a massive growth industry and I have dabbled in credit and debt investments before but don't know enough about the industry. The last investment I had in this space was (apart from PFG) HoneyComb Investments (yes, a Woodford stock).

So here is the question: Why would Apple entertain margin erosion from third-party credit providers like Barclays when they are themselves sat on a massive cash pile? Is it because they don't want to take on credit risk? Just of note - they already do through iPhone payment plans. Or have Barclays decided this is sufficient enough game to get in on even if it is low margin/loss leader? I was so intrigued I decided to take the Barclays credit route to see how easy it was and what was involved in the process. Through finishing my order with Apple it redirected me to Barclays Finance where the credit process was extremely simplified using Experian PLC. You had an an offer to extend credit which was at c14-15% - perhaps here is the clue. Anyway, a few clicks later and bingo! Contract sent via email with a digital signature code to finish the process. Very interesting. The whole thing wrapped-up and purchased in a few minutes. You never see this sort of thing with Lloyds. Perhaps they are behind the curve.

Anyway, thought it would be of interest to you banking investors...

[grahamite2] 29/7/2020 10:43

The dilution of human and employment rights, as seen by the EU, is highly desirable and undoubtedly one of the reasons for the leave vote. But I'll believe it when I see it. There's no sign of it yet.

[gaffer73] 29/7/2020 10:38

I wouldn't mind receiving a script divi, it's better than nothing and they can always buy the shares back when company finances improve.

[patientcapital] 29/7/2020 10:33

Everyone likes a good conspiracy.

[maxk] 29/7/2020 10:29

Good rant Min.


But of course, you have to spoil it.


"EU accountability"



LOL !

[chavitravi2] 29/7/2020 10:27

Optimistic, ok fine, its giving the share holders something but is it? It's also dilution that may lower the share price and possibly lowering the divi pot in the future.
That's my take on that. Yes it saves money going out NOW but what about later?
It maybe imo cheaper and better for share price to pay a divi.

[vauch] 29/7/2020 10:22

Well it will be the tory party's turn to leave a in the red case saying we have also now spent all the money

[optomistic] 29/7/2020 10:15

www.stockexchangesecrets.com/scrip-dividend.html
A way for a company to save money but still pay a dividend is called a scrip dividend. This takes the form of a listed company creating more shares in the firm and giving them for free to existing shareholders. This is called a scrip issue.

[2bignuts] 29/7/2020 10:03

Does anyone know if this year's dividend will ultimately be paid at some future point or are we expected to swallow it. What is the definition of a script dividend?

[mr.elbee] 29/7/2020 09:50

all speculation here

anyone knows that Bojo has consigned the tory party to eternal oblivion...just like the 1945 election.

[arjun] 29/7/2020 09:47

Morning allQuestion is How much of tomorrow is priced in ?