Lloyds Banking Share Discussion Threads

[arjun] 29/6/2021 13:52

Thanks jordggyJuly will be interestingHave a good afternoon

[xxxxxy] 29/6/2021 13:45

??The Lloyds share price: 3 things that could give it a boostAlan Oscroft28 June 2021, 16:54?Private investor buying UK shares at homeLloyds Banking Group (LSE: LLOY) has shied back from the 50p level. What might push it back up there to stay? Other than general economic strengthening, and that old investors' favourite, time, here are three things that I think should help the Lloyds share price.First is the resumption of dividends. Dividends have kept me bullish on Lloyds during the last few years, but then they shrank. We received 0.57p per share for 2020, which is not the stuff of which happy retirements are made.It's all down to the pandemic, and does not represent Lloyds' long-term dividend prospects. But it does create uncertainty. As a private investor, I can sit back with my confidence that the dividend will resume. But an actual, say, 5% dividend is a very different thing to a possible future 5% dividend, maybe next year, or perhaps the year after.That can make a huge difference for institutional investors, for whom the current year's performance is all that matters. No, make that the current quarter. And institutional investors decide where the Lloyds share price goes, not small investors like us.Free marketThat brings me to the wider issue of Covid-19 restrictions in general. And I don't just mean pubs, football stadiums, and holidays. Sure, anything that gets us closer to a fully functioning economy should help. After all, it does means businesses needing loans, home-buyers needing mortgages, and all that.But I'm thinking of PRA rules currently holding back what the banks can do. And it's not just the hard fact of the dividend restriction. No, those who champion free markets don't like it when regulators stick their oar in and start telling private companies what they can and can't do with their own money.I'm not going to champion the financial prudence of the banking sector. No, not after the financial crash. So I won't knock the PRA for stepping in and saying "Come on folks, let's have a bit of caution please." But it is still interference in the market, which some investors do not like. And until we're properly back to a free market and see the results, I reckon the Lloyds share price will still be held back.Show me the cashThat brings me to my third thing, Lloyds' first-half results, due on 29 July. We'll know by then whether the planned final relaxation of Covid restrictions on 19 July actually happened, for one thing.Q1 figures looked decent, and Lloyds upgraded its full-year guidance as a result. At the time, the bank said it expects operating costs to drop to around £7.5bn. Lloyds also reckoned its risk-weighted assets should be "broadly stable on 2020," which reduces uncertainty. The predicted return on tangible equity of 8%-10% looks healthy enough.Lloyds share price boost?The key thing for me, as an income investor, was Lloyds's statement that it is "accruing dividends with intention to resume progressive and sustainable ordinary dividend policy."If we get any positive updates on these measures, I could see the Lloyds share price getting a boost.The post The Lloyds share price: 3 things that could give it a boost appeared first on The Motley Fool UK...... Yahoo Finance

[freddie01] 29/6/2021 13:43

Good news for Airbus' wing assembly plant in Broughton: United Airlines has placed an order for 70 Airbus A321neo aircraft - its largest single order with the manufacturer since the start of the pandemic. #UKmfg🇬463;


UPDATE: Nissan is set to confirm plans for a new UK gigafactory, expected to create thousands of jobs, during a 'major global news announcement' at its Sunderland plant on Thursday. #UKmfgFlag of United Kingdom


FactoryNOW founder member JCB to create 500 jobs at UK plants as global demand soars. "We have tens of thousands of new machine orders. We have never seen anything like this in the 75-year history of JCB." [...] #UKmfgFlag of United Kingdom

[mikemichael2] 29/6/2021 13:36

"Brit nob infested EU destinations"




Just a nice bunch of lads having a good time!!

[jordaggy] 29/6/2021 12:25

Returning to standard capital-setting and distributions processes through 2021

The PRA intends to transition back to its standard approach to capital-setting and shareholder distributions through 2021. Under this framework, bank boards are responsible for making distribution decisions subject only to the standard constraints of the regulatory framework, including the regular annual stress test.

Following the cancellation of the annual concurrent stress test in 2020 in order to help lenders focus on meeting the needs of households and businesses during the onset of the Covid-19 pandemic, the PRC and FPC intend to undertake a full system-wide stress test in mid-2021 and to publish bank-by-bank results at end-2021. Further details will be set out in due course. In the meantime, for 2021 dividends the PRA is content for appropriately prudent dividends to be accrued but not paid out and aims to provide a further update ahead of the 2021 half-year results of large UK banks.

[the_man_with_the_pink_gun] 29/6/2021 11:34

CASHLESS SOCIETY ALMOST HERE.

[arjun] 29/6/2021 11:31

Morning allHolding on in blue....Anyone know what date the PRA are due to update on div policy? Is it before banks start reporting ? Tia

[xxxxxy] 29/6/2021 11:12

Ireland thrown under the bus by EU: Without UK to defend it, Dublin faces wrath of blocIRELAND is a "lonely outlier" after Brexit, facing the prospect of being trampled by its European Union partners over its low-tax status, an expert has claimed.By JOE BARNES, BRUSSELS CORRESPONDENT09:01, Tue, Jun 29, 2021 | .... Daily Express

[arja] 29/6/2021 11:11

On immigration and English channel , nothing to do with schengen visa as that covers
short visits .

[mr.elbee] 29/6/2021 10:36

often a good sign for a share

[scruff1] 29/6/2021 10:19

Weve only discussed it briefly but family reunion fees has never been mentioned. Dont suppose it matters cos probably not going to happen but hoping to visit asap

[maxk] 29/6/2021 10:14

What is this family reunion stuff? Fee's, what for?

[arja] 29/6/2021 10:00

scruff1,
I have lived in OZ and may return later this year and you will find that the Health system is far better than in Uk and especially nowadays in covid times . But the family reunion visa fees are astronomically high and would cost you or your son heaps - they are like mafia thieves ! ( smile ) . I think one pom I met in central coast sid he had to pay over $20,000 to join his son and family in OZ - greedy sods ! There is a national health system there though and you get a medicare card . Dental fees are very high of course and not covered under medicare .