Lloyds Share Chat (LLOY)

DOW reversed early gains to close down -129 pts (-0.38%) after a Jerome Powell press conference where he said the central bank would continue to monitor the course of the pandemic, inflation and unemployment but gave his clearest signal yet that the US’s historically low interest rates would start to rise soon. “I would say the committee is of a mind to raise the federal funds rate at the March meeting assuming that conditions are appropriate for doing so,” said Powell.

The 10-year Treasury yield rose to 1.848% from Tuesday's 1.782%. All of the US Banks closed up on the news, despite the DOW reversing earlier gains. Lets hope the UK banks follow the US banks and rise tomorrow on news of the 10 year Treasury yield rise.

With the next rate rise in February and Lloyds gaining from ESP Investors are now looking at Lloyds that have potentially been oversold

Thoughts on tomorrow please? Where will we be? 53p or 51p. Gut feel is ending up! Lots going on, what with Russia and Boris! Dow rallied a little late on tonight. Take care all!

Maracaw the British could match anyone for dirty deeds .

Putin & Russia have issues my point is we and most definitely America is not that much better.
How can WE justify the deaths of at least 350,000 Syrians, a country we have been partly responsible for bombing the s.hat out of and yet we call Putin a "thug" for a sloppy assassination.
Anyway I'll come back tomorrow when the markets open as I don't want to turn this forum into Facebook!

Yes, only us and the US. The rest of the world that have at one time or another had empires, invaded, plundered and pillaged are the good guys, we are the ar8eholes…apparently

brugal.
Only us and the yanks have done wicked things?

I'm sure the CIA have been guilty over the decades of just as many atrocities as their Russian counterparts, only they are more discreet about it!

How many people have been slaughtered in Syria curtesy of America backed terrorists and continued bombing?

Falky,
Wouldn't surprise if he is now nursing a black eye and some bruised ribs received dished out for "talking when he should have been listening"! lol

V well said bumble.the yanks and Brits have plundered many nations done some awful deeds .they talk about terrorists but they created them .

Bumble
Twice last century America spilt blood saving our bacon It is why we still have freedom of speech amongst other things. Yep America has made mistakes along with us. However sometimes attacking a countries leaders as has happened is to help free its people from oppression and dictatorship. This rarely works due to people being programmed to accept dictatorship and being frightened of self determination. Irac is still struggling with this not being helped by religious zealots.
Incarceration without trial?? Well which trial were the victims of 9/11 allowed before their demise?
Supporting Putin? find that strange. The man quite without regard poisons his opposition politicians near killing them then making sure they disappear when that fails. How do you square that? "Thug" is being kind to Putin imho. The Canadian prime minister said to him " I would ask you a question but you would only lie again" Luck he didn't get poisoned.

Share_m,
The problem with buybacks is that once they stop new shares are issued as part of staff salaries or bonuses which defeats the object of the buyback.
Buybacks need doing continually at higher levels than any new shares issued.
Get the shares in issue falling by say 3% EVERY YEAR and the SP growth will come!

Share_monkey,
No need for the decimal points,
It would remove approx 2.8% of shares in issue.
Only way it will benefit the SP is to KEEP GOING and not stop!

Sorry I meant 2.82% would be removed

Hi can some one please confirm my understanding of the potential share buyback of £1billion. Let say the share price they buy at is fixed at 50p for simplicity, so that means they will buy back 2billion shares? But there is currently 70.8 billion shares for Lloyds in issue so that means that 0.028% of the entire share issue will be removed. Would that really effect the share price and make it higher?? Wouldn't it be better if they instead put that towards a special dividend on top of the standard dividend?

It doesn't look like the 44p Gap is going to get closed, onwards and upwards

bertram,
Russia has its issues and Putin is probably not the sort of man you want to cross but you really need to look at Americas history, and ours!
Do you think America has not been involved in assassinations outside of its own borders?
Or becoming involved in trying to overthrow governments it doesn't like.
Or incarcerating people without charge or trial.
Or torture.
When Russia do it Putins a "thug"
When America do it its OK?

Cornsland, I think as part of the Cuba deal the USA agreed not to base missiles in Turkey. That part was kept quiet. ATM Russia is behaving like a thug imho. You can not appease bullies. The poisoning of individuals in the UK was not an accident. Flying huge nuclear bombers down the north sea is not the act of friendship.
I feel a little ashamed of the Germans over the present problems. A stern word from them in Putins ear may have halted the aggression. I suppose the Germans have become beholding of Russian gas.

Hardup,
I did post as if I am pi88ed....lol
Yeah you are right, should be Tower of London.

Imagine, how many arguments took place in the pubs
Today ?? ...LOL...

SS
Also, a big part of that deal was that the US had to agree it would not try to invade Cuba again. It was fear of the US attempting another invasion after the failed "Bay of Pigs" invasion orchestrated by the CIA in 1961 that led Castro to get closer to the Soviet Union and invite them to have Nuclear Missile launch sites based on Cuba to deter America from attempting another invasion.

Cornsland, one lesser known fact is that the Americans had missiles in Turkey pointing at the Soviet Union. These had to be removed immediately as well. The Yanks tried to say they would delay removal quietly after 6 months - so they could claim "victory" in the crises - but the Soviets wouldn't have it.

London Tower should read Tower of London!

Cannon fired from London Tower...fingers crossed! lol

Volcano

Exit!!
Are you joking?
lol
Party is just about to start
We have seen nothing yet
I mean nothing