Lloyds Banking Share Discussion Threads

[jl5006] 11/9/2020 19:54

well stoned
It is not surprising that the testing accuracy is debatable - the disclosures by PHE are questionable and the methodology of the projections based on imput - guess or miss are determining our non future.
Witless and Liberty are bit like the prof from Back to the Future - led by algorithms they do not understand.
Humans cant devise them - only robots can.
pause for thought on that and ponder why?

[jl5006] 11/9/2020 19:48

My response was to New

[utrickytrees] 11/9/2020 19:26

Government plant

[mitchy] 11/9/2020 19:19

2% drop on a day when a new trade agreement is announced with Japan !

[newbank] 11/9/2020 19:17

When Antonio took over running the bank the share price was 60.83p with a market Cap of £43Billion.

When the Government brokered the deal for Lloyds to take over HBOS the Government at the time promised to wave through the takeover with no reprisals or interference. It was destined to be the new 'Bank of Britain' when the economy eventually recovered. Potential future market cap of £100 Billion plus.

Today the bank is worth barely £18 billion

Nice one Antonio. That's what happens when you capitulate and role over to every whim of the BoE and Government.

IMO Antonio has only been thinking about his own renumeration whilst greasing round people in Power.

[newbank] 11/9/2020 18:38

It's obvious the current government don't care about Banks and its shareholders, many of whom are conservative core voters.

They will care if the banking system collapses and this time we can say that this was caused by the incompetence and spitefulness of the Government and BoE towards Banks who are still being blamed for the 2008 financial crisis.

In reality it was Joe Public who wanted more debt and more than they can afford along with the corrupt Sub-Prime Mortgage scandal in the US. Banks there have never been vilified by the authorities like our Banks have been and are, even though the US banks were the protagonists of the crisis.

Lloyds have lost another appeal asking for the Government to help them recover the loans they were ordered to award businesses. Banks were forced to lend they were commanded by the Government but now as Banks, naturally, ask for the Government to help them recover the loans they were forced to give, the Government refuses. The Government have refused saying you are on your own! Even though they were ordered to lend. We now also learn that 10% of Furlough money was fraudulently claimed and only 50% of companies who took advantage of the loans banks were forced to lend have no intention of paying it back.

Antonio should have stuck two fingers up to the BoE and Government and said to the pair of them, the bank is owned by shareholders and it's the shareholders that decided what the banks do with its business.

Sorry, but the way Rishi and Boris have run the economy can only be described as Shambolic. We tried to tell them but they never listened. We tried to say furlough money should have been targeted rather than being a free for all and in many cases the system was keeping afloat dead businesses. The system was only delaying the inevitable at an eye-watering amount of money.

Boris and Rishi are not acting like a responsible Conservative Government. Says it all when Boris has been quoted as saying F..k Business. I thought he would have regretted that comment as an exuberance in a heat of emotion but it's obvious his fundamental beliefs are just that.

If the banking system fails there won't be an economy worth saving. The banks are core to the integrity of a strong economy but many Conservative Politicians currently in power are being totally irresponsible.

When the deal was brokered by the Labour Government at the time of the last crisis, for Lloyds to buy out HBOS, the Government gave them the green light with a promise of no retribution or harsh regulatory constraints. The bank was perceived then to be the future 'Bank of Britain' when the economy emerges from the crisis, the bank would be the biggest and best with a possible value of more than £100billion

Today the Market cap of the bank is barely £18 billion. Antonio has done a fantastic job - NOT!

In March 2011, when Antonio took over Lloyds the market Cap of the Bank in those dismal days was £43Billion (share price 60.83p)

Well Done Antonio. What have we been paying you for?

[k38] 11/9/2020 17:50

It's the covid-19 who causes the problem with the market, not Brexit, unless you are a remainer and hoping to be proven right lol..

[blueball] 11/9/2020 17:45

Bears are in full control.

[utrickytrees] 11/9/2020 17:25

It's all gonna kick off around bonfire night!

[utrickytrees] 11/9/2020 17:24

Despite rising infection rates in Spain & France death rates remain flat. How long will the sheeple accept Martial Law I wonder?

[k38] 11/9/2020 16:48

Barnier (Brussels) is no happy because modern occupation didn't happen..(two times losers if you know what is mean...;))

[k38] 11/9/2020 16:45

End of talks and new year no one will talk about Brexit but how fast the UK economy is growing. Sorry remain losers but UK is here to stay.... independence!!

[poikka] 11/9/2020 16:40

"But amid the worsening atmosphere between London and Brussels, it emerged the EU had even raised the prospect that it could block exports of animal products from the UK once the current Brexit transition period comes to a close at the end of the year."

So Barnier's happy to deal with Russia and China, but not the UK - credibility zero.

[covid 19 deal] 11/9/2020 16:18

Wanted brexit..got brexit...short your own country..what elae do you want...had a dream of more dole money...enjoy your dole

[covid 19 deal] 11/9/2020 16:16

How many shorts you are on this...

[gaffer73] 11/9/2020 16:11

Market isn't even half way back yet! The whole FTSE will lag until Brexit is over.

[covid 19 deal] 11/9/2020 16:08

You are right...it will...all we see here are penny share day traders...

[adyfc] 11/9/2020 16:05

Take your money out of this. It's just a dead duck going nowhere. The market has rocketed and it's done nothing just wait to the market tanks again this will be single digits.

[covid 19 deal] 11/9/2020 16:04

Wolf in the shell of a cat

[covid 19 deal] 11/9/2020 16:04

How many you are short with..lol