Lloyds Banking Share Discussion Threads

[mikemichael2] 21/8/2020 16:26

Well, what a surprise, 10 crammed into a two up two down!!!

[gbh2] 21/8/2020 16:18

oops wrong thread

[alphorn] 21/8/2020 16:18

PC - agree, when to jump is the question. I did not think that the markets would stay this high for so long.

[patientcapital] 21/8/2020 16:05

Alp., some. As an old fashioned investor I do find some of the valuations hard to accept. The premium ratings today's markets put on any growth are high. How long the boom will last for though is moot. Something will have to give.

[lefrene] 21/8/2020 16:00

carer, how much is Lloyds affected by the seizing up of the repo market last 17th September? The ripples from that event are reckoned to have cost circa $14 trillion so far, as a large number of banks teetered on the brink of bankruptcy. If you don't know what I'm talking about go to www.waalstreetonparade.com and put 'repo market' in the search box. This huge global event has gone completely unreported in the msm, but oh look there's this grossly exaggerated flu bug to panic about.

[alphorn] 21/8/2020 15:54

max - but it is ok for us to (try) and control the pricing of the mega US groups selling prices so that they pay some local taxes...............or is that different? ;))

[carer] 21/8/2020 15:49

This share is languishing at half of level six months ago. It has something to do with the pandemics, but a little bit dramatic losing half of the value. Until the company paying the dividends, the share is going nowhere. The management needs to be refreshed. The CEO is not jetting off to Singapore again with his your girl friends now, I guess.

[alphorn] 21/8/2020 15:49

#922. PC - no; hope you did?

[minerve 2] 21/8/2020 15:46

"anti democratic Brussels serfs"

Says yet another Cummings stooge. 🤣🤣🤣

[minerve 2] 21/8/2020 15:32

"Why not? They want to flog stuff to us, and we to them, they cant expect to control our pricing as part of the deal."

They are not looking to control our pricing. They are looking to control our competitiveness. And who can blame them? They are not a charity. They aren't going to stand and watch a neighbouring country run a steam-roller through human rights and employment laws and still give them unfettered access to the EU at the same time. That would give UK victorian capitalists a competitive advantage. Sorry, cannot do. Take your filthy backward business elsewhere. They have better values.

[lefrene] 21/8/2020 15:28

The imbalance in value between what they sell to us and what we buy from them is 15% versus 85%. The EU has benefited greatly for decades from selling us stuff that we could buy cheaper elsewhere, whilst we have made far less inroads into selling them stuff. Over 80% of our exports go elsewhere in the world, so why are we bending over backwards to appease these arrogant users? Danegeld didn't work in the 9th century, and it won't work now, because the only thing that wins real respect is strength and resolve.

If they don't want to let us buy their tat, that's fine by me, they lose out many times over compared to the very much smaller quantities that they buy from us. Why is this still going on over 4 years after the vote? Oh yes a civil service stuffed with self serving anti democratic Brussels serfs, and a bent Speaker, and the odious Treason May.

[newbank] 21/8/2020 15:21

loganair,

Once Boris is back from his camping holiday measures will be put in place to build the economy. Boris was accused by his latest partner for being selfish (tiff reported in media). Nothing can get in his way. If you think about Brexit obstacles and in response to questions about business he said F..k Business. So I cannot see anything so important as to take him away from his precious holidays. Same applies to the politicians in Brussels, got to have their Aug holiday.

Anyway, come Sept (2 weeks away) kids back at school, workers back at work the economy will start to pickup. The big boys in the markets are on holiday leaving the youngsters in charge with a directive to make money through shorting. The big boys will come back from their summer retreats to invest money that the lackeys have made.

Once Sumak has realised that his generosity in giving away tax-payers money to fund the furlough system has been taken for a ride, we will get back to following conservative policy, - hopefully!

If people can go on holiday, go to the pub then thay can go to work!

With our generation it was work first then leisure, today too much emphasis is paid to leisure and not to work. Culture change needed.

The US has had less deaths (pro-rata vs Population) and the Dow Index is nearly back to pre cover-19 levels. The FTSE is still 35% down and like Uty has mentioned in previous posts, for years the FTSE has followed the Dow and the divergence occurred in 2016 due to brexit. Once Brexit is finally done and people stop spreading doom and gloom and the sun will still shine the day after the UK leaves, just watch the FTSE start to rise. The reason why the Dow has recovered is because they didn't have the furlough system and people were forced to go back to work to survive.

We just might start getting the companies that form the FTSE being valued properly. If the Dow is worth 27785 then the FTSE should be worth 14,000.

[maxk] 21/8/2020 14:48

Why not? They want to flog stuff to us, and we to them, they cant expect to control our pricing as part of the deal.

[minerve 2] 21/8/2020 14:47

"what's ours remains ours"

Define "ours".

[xxxxxy] 21/8/2020 14:32

Lin Lele 21 Aug 2020 12:37PMA ''second wave'' of what?   Lies, propaganda, dodgy 'positives'?Certainly NOT deaths, illnesses, hospital admissions, etc.Everyone knows more tests = more (many false) positives.  These are just tools in their attempt to keep everyone afraid until their questionable and very lucrative vaccine can be rolled out.

[minerve 2] 21/8/2020 14:30

"Look at your bit of #31"

Yeah, so, tell me where I am wrong? Come on. Let's see how clever you are.

[xxxxxy] 21/8/2020 14:23

 Mike S , Thursday, August 20, 2020, 10:16:The EU & Irish government have spent too much time trying to screw over Britain due to their very obvious & continued deliberate prejudice over anything that is Britain in an effort to continue to lie,cheat & bully Britain & it's people at every & all opportunities that they can use,& create, the Irish boarder for one,we all know it wasn't an issue in reality,just an manufactured excuse by the EU to try to get one over on the UK by trying to make anything & everything as difficult as possible for the UK with the backing of undemocratic politicians in the UK to punish us in everyway they could & the Irish government,Varadkar,Coveny & co jumping all over it like flies on faeces just because of their anti-British sentiment & the EU bullyboy sidekick's that they obviously were happy to be! Their continued behaviour deserves nothing but us walking away,not giving them anything except our giving them "the bird" then a glimpse of our backs as we walk away, keeping everything for ourselves!

[xxxxxy] 21/8/2020 14:21

Forget spending on HS2. Use the savings for modern developments. Invest in the future. The World of Tomorrow.