Lloyds Banking Share Discussion Threads

[careful] 20/12/2018 16:42

Property being overpriced and mortgage holders being over stretched were the main reason for the international financial crash of 08/09.
MBA's, CDO's, fancy ways of packaging risky mortgage debts and selling them on to sucker big banks, who in turn had trillions of customers deposits to play with.

Things may be a bit better now, but property is in a bubble. Prices relative to average incomes are at record levels.
So many trusting in property with B.T.L., they think it is a one way ticket to safe riches.

We shareholders know that shares can fall 40% over a 2 year period as they did in 2003/2008. but after the last crash, they have become stupidly cheap relative to deposit rates and property.

It will be property next. There is no hiding place.
...but that drags many other investments down with it.

[montyhedge] 20/12/2018 16:24

buywell
Yes 45p on any capitulation.

[buywell3] 20/12/2018 15:59

From the BARC thread see below


FTSE 6050 should see LLOY at 45p IMO



I said BARC 150p was coming last september

And guess what the FTSE 100 hits 6750 as stated ... time machines ?


buywell3 - 17 Sep 2017 - 11:12:09 - 123317 of 128950 ACTIVE BARCLAYS TRADERS CLUB - BARC
But the BARC chart has now commenced another leg down

The 3rd leg since 2013

A stronger pound is going to take the FTSE 100 down to 7100 next week IMO

More £ strength and more talk of the blonde bicyclist boris having a punt for pm post should take the FTSE 100 down to test 6750 support within the next month IMO

The UK property market is now dropping and a bigger fall will soon start making newspaper headlines within a month IMO

Banks won't want to see a UK property slump again , but because of their lending to BTL buyers and fuelling of increasingly ever higher folks living on the credit cliff edge ... they will be responsible for the fall , again .

FTSE 6750 should see BARC at 150p IMO

[philanderer] 20/12/2018 15:56

FWIW

20th dec RBC 'outperform' tp 80p cut from 90p

[oakville] 20/12/2018 15:12

Holding up well.

[grahamite2] 20/12/2018 14:06

Why do they always get third raters

Because they represent a constituency (not a Parliamentary constituency). The supreme example is Diane Abbott, of course.

[polar fox] 20/12/2018 13:09

cp,

There are so many possible scenarios, on top of which, No.10 makes up the rules and behaves as it goes along, that I don't even attempt to speculate in my own mind. No point at this stage, is my view. First time I've ever felt this way about a political situation.

[smurfy2001] 20/12/2018 12:57

Cowards! Rates should be rising not flat.

Bank of England leaves interest rates on hold as Brexit hits the economy - as it happened





While saying that it would likely need to raise interest rates over the next three years to keep a lid on inflation should Brexit pass smoothly, the central bank warned that it stood ready to cut rates or raise the cost of borrowing to protect the economy in the event of a disorderly and damaging departure from the EU.

[cheshire pete] 20/12/2018 12:57

polar fox, I think May will only allow the MV to go ahead when she thinks, or when her whips advise her, that she can win it. Problem the whips have got though when they sound MPs out as to which way they are going to vote can they trust what they say, and some may change their minds at short notice afterwards. Is there a scenario whereby May holds off calling the vote until just before 29/03 or not at all and leave the EU without the vote having been called? At that point, a general election may be more likely. Can't see LLOY share price doing much given the continuing uncertainty. Agree with Montyhedge about dollar earners for 2019.

[xxxxxy] 20/12/2018 12:50

libertarian
Posted December 20, 2018 at 9:24 am | Permalink
Richard1

As remainers endlessly point out it takes the EU decades or longer to negotiate FTA’s.. Why ? because they are trying to reconcile 27 different country needs in one agreement . Hence Australia and Italian tomatoes etc .

It is one of the main reasons the EU does NOT work from a trading and business point of view .

We would never have been in a position to negotiate a FTA with the EU in the short period between triggering Art 50 and leaving. However because of our Remain government we allowed the Remain camp to capture the narrative with their absurd No Deal, Cliff edge, crashing out cobblers .

Leave, trade, negotiate has always been the correct sequence of events

The incompetent government of the serial dimwit Hammond and his boss have caused all the negative issues we have

[xxxxxy] 20/12/2018 12:47

Fair point. And much more than Brexit. Population Explosion is the 'elephant in the room'.

Nicholas Murphy
Posted December 20, 2018 at 9:34 am | Permalink

Numbers ARE important. We cannot keep on importing a city’s worth of people every year. And neither can the planet cope with continued population growth.

[xxxxxy] 20/12/2018 12:45

Investing times.

[k38] 20/12/2018 12:37

I expect 50/51 will stay as support till voting time. I can't see go lower 50p at the moment. IF under 50p will not last long so be lucky.

[polar fox] 20/12/2018 12:31

Yes, Norman Smith just said that the MV is probably going to be at 7pm on Tuesday Jan. 15.... PROBABLY.

[oakville] 20/12/2018 12:17

48p bottom.

[ladeside] 20/12/2018 12:17

Grim stuff indeed. That's us hitting the 50p mark now.

Incidentally, if you're wondering where Jeremy and Theresa are today, they were last seen just outside Gatwick playing with a joystick each.

Sorry if I'm droning on..............

[polar fox] 20/12/2018 12:14

It seems the MV debate will begin on Jan.9, for 5 days, according to Leadsom. That should mean a vote on Jan.15 - I think. If it isn't pulled by the duplicitous PM, of course.

[gotnorolex] 20/12/2018 12:09

If you haven't already, it's not too late to get some gold miners!

[k38] 20/12/2018 12:05

Putin : Dollar deals dropping, we are now using more yen and pound.

[montyhedge] 20/12/2018 12:01

47p target, 50p is massive support level, if broken I think 47p quite quickly that's my opinion.

[patientcapital] 20/12/2018 12:00

MM2, now that would be stupid. Go easy on the ghastly fake tan.

[montyhedge] 20/12/2018 11:43

50p massive support level. But if broken 47p quite quickly. From a trading point of view. Dollar earners the winners for 2019, if no deal pound goes to 1.10 against dollar. Looks at the dividend from pharmas, Shell etc.
Domestic sterling earners, I'm steering clear of, especially UK banks, in my view.

[smurfy2001] 20/12/2018 11:39

Well this is grim.

[y1phr1] 20/12/2018 11:37

No it won't 48p coming