Lloyds Banking Share Discussion Threads

[chiefbrody] 12/4/2024 18:45

They can that should say

[chiefbrody] 12/4/2024 18:45

Is there a limit as to how many share entry can buy back each day?

[hardup1] 12/4/2024 18:11

After 34 trading days, buyback complete to date:
Total shares to date........................754,000,181
Aggregate cost to date... ..................£374,758,288.45
Average price paid to date..................49.7027
Percentage of £2 billion buyback completed..18.74%

[the_owl88] 12/4/2024 15:36

Holding post x-div: Back to Lloy 45- 55p end April.

For the brave with 2 yr+ horizon. SPCE entry opp today - Great RR ;-) DYOR. Done case on SPCE BB. Party not started yet - will in May. Bought a few more @1.10 today.

[aceuk] 12/4/2024 13:03

BTW Bunny Bumbankers recommendations are not just directed at the Bank of England even though the review was prepared specifically for the Bank. He doesn't hold back - that and the Bank's response are on the Bank website - I have posted the links on Alp's yield thread.

[aceuk] 12/4/2024 13:00

JP Morgan and Wells Fargo beat but NIM forecasts not so good - the former down about 5% pre-market, the latter about evens

[marktime1231] 12/4/2024 12:55

A bounce today I think because of a more positive outlook for builders from JPM rather than GDP figures indicating a teeny weeny bit of growth. Are the Chase end of JPM imagining a bid for LLOY when they set a target price of 45p I wonder.

My disdain for Fat Boy Bailey and his colleagues on the BoE MPC has only increased with their response to Bernanke confirming they don't know / didn't know what they were doing. Unable to predict the effects on inflation of enormous covid support measures or financial shocks like Russia invading Ukraine. Which allowed Bailey to chirrup in his ignorance that he only saw modest and transient inflation coming, and so they responded too slowly and too late.

Now Bailey has announced "we don't do hindsight" so don't criticise our past performance or postulate how much better things might have been if only we had done or said things differently. In other words don't expect any humility for our mistakes nor should you expect us to learn from them. Does that mean he won't be writing a memoir when he gets sacked? Soon hopefully.

[skinny] 12/4/2024 11:00

Like a solar storm or some bloke digging up the road ..........

[freddie01] 12/4/2024 10:19

Skinny well said. I have a mate who thinks technology is the answer to everything. I'm forever trying to make him understand this isn't always the case for everyone.

Also, wait until you have to speak to someone when there's a problem.

[diku] 12/4/2024 09:23

It is only good if the payer pays on time...technology may have enriched us in some ways with more info but equally more have become couch potatoes...head buried in with mobile phone or computers at every opportunity be it work or home or walking outside...


"many businesses cash flow has improved so much"

[xxxxxy] 12/4/2024 08:48

I'd like a pony and trap. Seriously .There you go.

[cocker] 12/4/2024 08:32

Oh come on, many businesses cash flow has improved so much due to bacs payments rather than cheques. My venue is in the post and then another 5 days to clear it.

[skinny] 12/4/2024 08:31

Off topic - I do a weekly shop for an elderly (90) neighbour - he has no internet and uses a landline - oh, and a cheque book.

Bear in mind that he was 74 when the first 'smart' phone was introduced - why should he and many more like him, be forced to change the way that they have worked for more than 70 years, because some 20 something year old, thinks he should.

From next year, he won't be able to use his landline anymore.

Technology may be a good thing, but the assumption is that everybody can and indeed, wants to use it.

[diku] 12/4/2024 08:24

Yes and less of road rage...

[mr.elbee] 12/4/2024 08:11

ridiculous! shoot them all .. make them ride in electric cars and eat GM food and use horizon computer systems
of course technology MUST always mean progress even if industry insiders in Finance dont think so
FACT
I'd like a horse and cart much more sensible.

but I doubt if the new tech facisti will allow it.

[xxxxxy] 12/4/2024 08:11

The UK economy expanded in February, boosting hopes the country is moving away from recession.GDP rose 0.1pc in February, according to new figures from the Office for National Statistics (ONS), thanks to gains in the production and services sectors.The ONS also revised up its figures for January growth from 0.2pc to 0.3pc in a further sign of positive momentum.The numbers add to evidence that Britain's economy will grow in the first quarter of 2024, reversing the shallow recession recorded in the second half of last year.The pound was little changed after the figures, slipping 0.1pc against the dollar to $1.253...Daily Telegraph

[xxxxxy] 12/4/2024 08:08

James TobaLarge sections of the middle class who work in the public sector maintain the lie that socialism works, & is morally superior. All the while these hypocrites love the fruits of capitalism & have had no complaints riding the Thatcherite property boom. But socialism has failed everywhere it has been tried over the last hundred years. It only has the appearence of success if it can filch of the back of a capitalist economy like it has in post war UK....Daily Telegraph

[cocker] 11/4/2024 21:44

Well ,as much as I'm not one for change, it's ridiculous that cheques can still be used. Do you have a car, or horse and cart