Lloyds Banking Share Discussion Threads

[utrickytrees] 19/9/2021 19:10

Riles I don't manage my own investments other than a players stake...why would anyone if they've got no industry experience...I'm just here for the ride. Don't toss yourself off too much, everyone has made covid money. I've made mine in BT.

[sentiment riles] 19/9/2021 19:00

In fact, your last post is nearly verbatim of that time. Lol

[sentiment riles] 19/9/2021 18:57

Utrickytrees19 Sep '21 - 18:47 - 351630 of 351631
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Riles, do you ever consider what your posting? You would be a terrible gambler. Your views are so ill-conceived they're hilarious.

….

Possibly tricky, but you were buying Lloyds at 61p when I was shorting it to 26p. 😂

[diku] 19/9/2021 18:53

You hear in the news about shortage of lorry drivers because EU drivers have gone back...why have they gone back?...money dried up or milked the UK and time to move on?...

[utrickytrees] 19/9/2021 18:47

Riles, do you ever consider what your posting? You would be a terrible gambler. Your views are so ill-conceived they're hilarious. Your like an emotional butterfly flitting from flower to flower & commiting to none of them....typical remainer ethos, great untill the evening primrose says FO were not playing anymore.

[sentiment riles] 19/9/2021 18:26

Chase coming in to wipe them out

Won’t take long

5 years maybe

[sentiment riles] 19/9/2021 18:23

Banks could do it short term. FTse looks extremely dicey now. Can banks do that short term against index fall?

[psychochopper] 19/9/2021 18:12

Arja, given that we have the freedoms we enjoy today through centuries of institutional development, 30 years is perfectly reasonable. I see it sooner then that, but even if I didn’t, it would not have changed my vote.

By your argument, we would never invest in anything as, by definition, I lose prior to seeing any benefits. Which I may not see anyway, but that is what it means to invest. You can argue about whether or not we will ever see anything, but the time frame argument is moronic.

On the other issue about S&P PE of 24, similar arguments were being made with the markets 50% lower (in the US) compared with where they are now. So that would have been a 100% return foregone. Nothing in investment is easy, so be careful which idea fad you fall for as the two factors you cite to demonstrate the richness of this index are just two out of many.

FYI I am currently 40% in cash as I see the other factors additionally troublesome! I aim to earn 6% on this cash by trading opportunistically (which I do and I do).

[jl5006] 19/9/2021 17:26

And he adds
The UK has slashed its strategic gas storage to barely 1.7pc of annual demand by closing the Rough facility off the Yorkshire coast, subcontracting the costly task of storage to Germany and the Netherlands. Clive Moffatt, a gas consultant and former adviser to the Government on energy security, said: “It should be nearer 25pc.”

Data from Gas Infrastructure Europe show that the UK has less than nine terawatt hours of storage compared to 75 terawatt hours in the Netherlands (with a quarter of the population). Dutch storage is nevertheless unusually low for this time of the year at 52pc of capacity, compared with 85pc to 90pc normally. The stocks are 113 terawatt hours in France, 148 in Germany and 166 in Ital

[arja] 19/9/2021 17:25

interesting SR and I bet a few of those were billionaires who pushed for brexit and conned those who will suffer from brexit the most . Contempt for the conmen, compassion for the conned as J O'B always says ( smile ) .
Off topic, domestic banks in very short term uptrend on back of higher bond yields and even LLOY could hit 48 or even 50 quite soon .

[sentiment riles] 19/9/2021 17:13

Interesting to note immigration stats

More brexiteers Have left the country then remainers since brexit

No backbone to do the work

[arja] 19/9/2021 17:06

Spoke to an old devonian yesterday who was of course a brexiteer as majority are in Devon.For fun i asked him why he voted for self harming brexit and his reply was that
we would see the benefits in 30 years . I said he would not be around then to benefit and he said his grandchildren would benefit. Such a selfless human being and I am sure his grandkids will thank him one day by spitting on his grave ! ( smile ) .
they make them thick in Devon as I have said and I wonder if some of the brextremists on this thread originate from Devon or Cornwall !

[arja] 19/9/2021 16:59

interesting comments I saw recently and a bit scary for anyone haveing a portfolio of stocks and not a trader as I happen to be .


The S&P 500 is trading at a forward PE of 24.0, higher than any previous reading in the past 120 years apart from the Dotcom bubble.

Downside risk far exceeds upside potential, with earnings multiples likely to fall as projected growth disappoints, while earnings forecasts are also based on unrealistic margins.

Operating Margins
Operating margins climbed to a high of 13.6%, compared to the 10-year average of 9.8%. Not only is the forward earnings multiple at an extreme level but the earnings to which that multiple is applied are based on operating margins that are unlikely to last.

[portside1] 19/9/2021 16:56

Looking for a drop in market in morning

[utrickytrees] 19/9/2021 16:53

They are Scruff. Macrons expected to make much capital next week when they start their vaccination programme for the Spanish flu, covids still some way off though.

[richie1218] 19/9/2021 16:46

Lloyds Banking Group most fancied amongst UK banks

Jamie Ashcroft 13:20 Fri 17 Sep 2021

Deutsche Bank sees Lloyds as a 'buy' with a 60p price target, suggesting some 30% upside to the current price.

All UK banks deserve an upgrade, but none more than Lloyds Banking Group PLC (LSE:LLOY) – that’s the view of Deutsche Bank (NYSE:DB).

Repeating a ‘buy’ recommendation the bank says Lloyds is the preference in the sector and its forecasts are some 15% above market consensus.

“We expect strong deposit growth; rebounding consumer credit; and rising interest rates to lead to substantial growth in UK net interest income in the next two years which is not captured in consensus nor current valuations,” analyst Robert Noble said in a note.

The upbeat rating comes as new chief executive Charlie Nunn has had his feet under the table for just a couple of weeks, after succeeding António Horta-Osório in August.

It also comes as the UK authorities mull potential changes to these banking sector rules which could relax 'ring-fencing' rules that keep their retail banking business separate from the rest of their business.

UK banks are seen as being at a disadvantage to US and EU lenders, where rules are seen as less tight.

The ring-fencing rules were constructed in the wake of the 2008 credit crunch to protect customers' money in the event of bank fails, but were not completed and fully enforced until 2019 when £1.2 trillion of core deposits was secured in ring-fenced banks.

[scruff1] 19/9/2021 16:23

The french are doing well with their covid vaccine. Whats is called? - without google.

[pierre oreilly] 19/9/2021 16:17

Time for my hobby horse to explain the decline in the uk and why we invent many things and profit from none of them after a few years.

Well, that's an easy one. Engineering isn't really a profession in the uk. Cross over to Europe or the states or virtually anywhere in fact, and an Ingenieur (with Ing in front of your name) is the same level as a doctor. Here, a professional engineer has the same level as a car mechanic, and probably less salary. I'm talking of professional engineers here, not engineering technicians like minny). When i went from Hawker siddeley after a couple of months to Philips in Holland, my salary tripled. When i worked things out, it increased a lot again (mind you, that was in Switzerland, but being tax free made up for the cost of living).

So, decent uk engineers head off all over the world and work basically against uk plc.

Change things so engineering is a profession with professional conditions and the uk would again prosper, just as it did 150 years ago. Reward those who generate wealth instead of treating them like trash while rewarding wealth consumers (like doctors) very highly.

[portside1] 19/9/2021 15:24

So why is she only calling out Andrew not the other dozens