Lloyds Banking Share Discussion Threads

[polar fox] 02/2/2021 16:18

Sadly, Captain Tom has passed away, after testing positive.

BBC leading with it, of course.

[jordaggy] 02/2/2021 16:14

Mortgage debt will be sold on...banks never lose out!

[minerve 2] 02/2/2021 16:13

Psycho

There is more to the EU than UVdL. Stop being Silly Billy.

[portside1] 02/2/2021 16:12

How many mortgage defaults are there to be announced How much money have they had to put aside for defaults

[crazi] 02/2/2021 16:08

Reddit attack Short Funds so not Lloyds... They should attack the like of Tullow Oil and put Odey Asset Management out of Business once and for all! :-)

[psychochopper] 02/2/2021 16:07

There is absolutely nothing that woman (UVdL) would not say to shine a plausible reasonableness light on her previous decisions and actions. Does she care a jot that of those vaccinated in the U.K., likely around 40% would have had EU sympathies? (40% based upon the age cohort and its Brexit vote). I am allowing her to be angry with the other 60%!!

I am not sure how much they will be concerned since the veneer of truthfulness in her position is gold-leaf thin. Those 40% may have different opinions on Europe than myself and others here, but I am sure they are generally far from stupid. Nevertheless, some will once again be worried that people in high positions are calling into question their medical safety and whether or not their government cares for them.

These are the actions of an adversarial and hostile body. It’s so tempting to react, but time may prove to be the better weapon, especially if the U.K. makes a move to renegotiate the WA on the basis that it was not entered into in good faith. We are 32 days in, and the lack of good faith is apparent no matter which direction you care to look. This cannot be accidental and ultimately, it needs calling out. As I previously said, no one or nothing gets the benefit of a free option.

Ultimately, it will be for the benefit of all Europe that the current EU structure is not just modified, but entirely dismantled. I fear very much for its future and their peace if this does not come to pass.

[jordaggy] 02/2/2021 16:02

WE need the Reddit brigade on board!

[crazi] 02/2/2021 15:55

The share price got to 41p Intraday before. With a positive outlook you wonder WTH the share price is doing lingering around 34p...

[maxk] 02/2/2021 15:51

lefrene


Gove is a lot brighter than Doris by all accounts. Yet is hated by a fair number of tory mp's. Cant think why? Perhaps being a bit sneaky is the fault.

[utrickytrees] 02/2/2021 15:47

I think Boris used to give Govey wedgies at oxford & kneel behind him when he wasnt looking so Cameron could push him over & give him nipple cripples.

[jkitwm] 02/2/2021 15:46

hahahahahaha fk me

a comedian as well as a clown




Minerve 2
2 Feb '21 - 14:13 - 331076 of 331087
0 0 1
Now move along, you will not match Minerve as a private investor. :)

[minerve 2] 02/2/2021 15:37

It is really, really difficult to have sympathy for the fishermen.

Still, that's what happens when every challenge to Brexit was met with 'Project Fear' with no sensible or meaningful discussion.

They've been played I'm afraid.

[lefrene] 02/2/2021 15:26

maxk, I suppose one has to look at who is hiding behind Doris' back, and when will they decide the moment is right to make a move. So there has to be an 'event' of some sort. The 'Deal' we were sold is plainly as bad or worse as going WTO. We were led to believe that we were getting a free trade deal, but the reality is that it's nothing of the sort, and who told HMRC to force those trading with us in Europe, to have to register for UK vat? My guess it'll be Gove perhaps with Liz Truss who who wields the knife, Gove seems rather brighter and more able than Boris.

[maxk] 02/2/2021 14:55

How to get rid of Doris .. that is the question?

[cobourg1] 02/2/2021 14:46

The Lloyds share price experienced a rocky ride in the last 12 months, falling from pre-pandemic highs of 58p to lows of 23.98p. A rally at the end of 2020 has prompted analysts to consider the upside potential in Lloyds for 2021.


Daniel Smyth | Financial Writer, London | Publication date: Monday 01 February 2021 14:52

Dividend payments could return in 2021
Risk rating attached to Lloyds is reducing
What are the signs Lloyds has the funds to absorb losses?
The value of the Lloyds (LLOY.L) share price has pared some of the gains from the back end of 2020, falling from highs of 39.50p in November to 33p at the end of January. Nevertheless, there is renewed optimism for a more sustained rally in Lloyds shares for 2021, just a few weeks ahead of the bank’s full-year results for 2020.

With Lloyds set to publish the full picture of the effects of Covid-19 on its 2020 operations on 24 February, attention is already turning to what the outlook is for the UK’s largest retail bank.

Could Lloyds dividend return for shareholders in 2021?

Lloyds' last dividend – pre-pandemic – was 3.2p per share. Anything similar this year would therefore represent a much greater dividend yield, given that the Lloyds share price has almost halved.

In December 2020, the Bank of England’s (BoE’s) Prudential Regulation Authority enforced a temporary ban on dividend payments to the shareholders of the UK’s ‘big five’ banks, including Lloyds. That ban has since been lifted, prompting excitement among Lloyds shareholders.

Do risk factors appear to be diminishing for the Lloyds Banking Group?
Understandably, investors marked down the potential value of Lloyds assets based on the increasing default risks posed by the Covid-19 pandemic and subsequent lockdowns. The threat of a no-deal Brexit was also looming large on the horizon. Fortunately, a Brexit trade deal was agreed upon, and the UK is forging ahead with its bold nationwide vaccination programme; which analysts believe to be positive signs for the Lloyds share price.

As evidence of this, both Barclays and Deutsche Bank have lifted their price targets for Lloyds in recent weeks. After their own shares rallied off the back of Covid-19 vaccine news early in December, Barclays analysts reported that Lloyds’ recovery promises to be ‘bumpy’ and that the ‘situation remains fluid’. Meanwhile, Deutsche Bank analysts anticipate that there are ‘brighter days ahead’ for the UK retail banking sector as a whole.

Lloyds also appears to have an encouraging risk profile for the year ahead. Its capital ratio, last recorded at the end of quarter three (Q3) of 2020, was 15.2%. As this represents the amount of capital the bank has access to absorb losses and continue to lend to customers, this illustrates quite a positive surge. The ratio is, surprisingly, up from 13.8% at the beginning of 2020.



From Bloomberg via IG.com

[lefrene] 02/2/2021 14:30

5xy, I believe we have a 12 month 'get out' clause of the deal. Perhaps Boris (or his replacement) will grow a pair and enact it and just go WTO which is what most of us leavers wanted. The EUSSR reveals itself to be a fascist state, ie their way, and only their way, and we'll beat up anyone who differs.

[xxxxxy] 02/2/2021 14:24

British ways are not the EUSSR ways.Road to Separation.About 4 years, if that.

[xxxxxy] 02/2/2021 14:19

Our EU 'friends' step up the attack on the UKByTimothy BradshawFebruary 2, 2021WHO could have imagined the visceral interweaving of the Covid crisis and Brexit? At the start of the European experience of Covid the Italians, desperately dealing with thousands of patients, appealed to their German EU friends for plastic protective equipment, of which the Germans had plenty. Nein, said Berlin to Rome. That coldly hostile response to a nation in deep trouble rang around the globe. So that is the nature of this EU and its ever-closer union, a sham of mutual affection and help. Germany now needs vaccines desperately, as does Italy of course, because the EU's brutalist bureaucracy insisted on Brussels controlling the ordering of vaccines and then delayed in making any significant orders for the 27 nations which trust its efficiency. Furious at being sold out by the very EU which it manages, Germany looked for others to blame to divert attention from the fallibility of the Germano-French secular, infallible, Brussels Vatican. Ah, AstraZeneca! The supra-national EU used its brutal bureaucracy to raid AstraZeneca's factory in Belgium, as if in time of war, then it announced a block on exports of vaccines, making those conditional on EU needs. It demanded Britain's supplies to override the EU's own sluggish ordering process (incidentally providing a brilliant advert for Brexit).The day before this raid the EU Health Commissioner Stella Kyriakides delivered an angry press conference saying: 'Pharmaceutical companies and vaccine manufacturers have moral, societal and contractual obligations that they must assume.'We do need to note Commissioner Kyriakides's shrill hectoring words appealing to 'moral and societal' obligations. As a Greek Cypriot she is very well aware of the reverse of 'moral and societal' obligations dished out to Greece by the German bankers: destroying a nation state's economy and making money for the bankers at the same time. British people remember the same trashing of moral and societal obligations in destroying British fishing towns by seizing fishing quotas via the Common Fisheries Policy. How about the moral and societal needs of the Italians referred to above when desperate for medical plastics? And now this EU Commissioner screams to steal contracted, paid for vaccines from the UK – as illegal cover for the outcome of Brussels's lack of moral, societal and contractual concerns, the arrogant politburo approach we are now so used to from 'our friends and partners' of the EU.  I now turn to the UK's recently agreed trade deal. Lord Frost had fought off wave after wave of EU political demands. Then in the last week or so of negotiations Mr Johnson 'took charge', with Mr Gove of the Cabinet Office, and they surrendered. The promises made to the British fishing fleets were broken, and France rejoices. But never mind, the UK has a great deal, according to Johnson.Almost immediately it became apparent that the EU had bad faith about this 'deal' and had prepared a Blitzkrieg of paperwork and bureaucratic attacks on UK exporters into the EU which revealed the 'deal' as a trap. The UK would have been far better off with WTO terms, certainly no worse off. Paying and getting tariffs would be easier than the bureaucratic blockade which began with the confiscation of a trucker's ham sandwich by Dutch customs officials.Since then the Department of International Trade has been advising small UK firms to relocate to the EU to avoid the elephant traps dug by the EU and fallen into by Johnson and Gove. Johnson and Gove basically hung small business and fishing out to dry, doing nothing by way of preparations for 'no deal', as the EU could see. The Internal Market Bill was a sham. Mr Gove told us that the Bill was the 'insurance policy' for the UK to avoid the EU interfering with goods to and from the UK mainland to Northern Ireland. Then he cancelled our 'insurance'. The EU panicked and erected a customs border between Eire and N Ireland, causing disruption to goods into and out of the province, then cancelled that grotesque aggression after 24 hours. This was a hostile act which revealed what a sham this border issue was, devised purely to leverage difficulty for the UK's Brexit. That means the WA PD was negotiated in very bad faith and can be revoked legally. Polling is showing a swing to a united Ireland. Well done Mr Gove, emerging as the secret appeaser of the 'deal'. I would guess he is setting up the UK to appease Commissioner Kyriakides in her demands to seize UK vaccines. He says: 'The right approach to take with our friends in Europe is to foster co-operative dialogue.' Likewise the great Conservative Party tradition of smashing up the British fishing industry was maintained by the deal. The 'red lines' about taking back control of our legally sovereign fisheries were broken just a few days before a decent 'no deal' could have happened. It gave away a real ace the Conservative Government held over the SNP. Now Scottish fishermen feel deeply betrayed by the Aberdonian Gove. It is astonishing how The Boris and Michael Show undid the work of Frost, as in 2019, in another last-minute losing of their nerve.  So not only does this 'deal' semi-detach Northern Ireland, it helps the Scottish nationalists in their portrayal of the Brexit deal as yet another sell-out by Westminster. The Prime Minister and his Minister for the Cabinet Office are putting a crowbar through the Union very effectively, as well as making life as hard as possible for small business and betraying the fishing industry. But, as usual, big corporations will be pleased: it is business as usual for them.The picture is not good at all, not just one of teething problems. It is indeed time we wised up about the EU's 'specific strategic goal in making life worse for the UK'. John Redwood is the one MP who seems to realise this. The 'deal' has put the UK into a state of legalised economic and political harassment, the EU once more tricking the ever-naïve Johnson and Gove. The one saving grace is its revocability, but that would require a hard-headed, non-appeasing Cabinet, with steely determination to escape the gravitational pull of the EU, 'our friends and partners' in Europe.... Conservative Woman