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Antonio is ex GS , only interested in lining their pockets , was never interested in lloy , clanger after clanger , never held to account and just kept a low profile .
The worrying thing is that someone new to this board could read this total BS and loose money acting on it. it’s now become quite clear this board has become their only means of conversation and will post anything to get a reaction/ reply . Really very sad and I hope it will stop ....but not holding my breath.
No who was it who said it would be 40p
That’s a 30% rise
Perhaps not going to happen
31.13 at the minute
Never thought you are a man of great knowledge and experience, but there you go !
That’s your problem
You never think
Just Yawn and spout garbage
Victor....... The only question that needs answering is.... will the SP be 40p by this Friday or will the mushrooms get another good feed this weekend.... they certainly did the weekend just gone
Do you bank with Lloyds
We know you haven’t got any shares
This was not a view just plucked out of the air to stimulate conversation
DYOR
Don’t tell us you have bought another million
Even bigger Yawn
Fleecy
I agree in part with your comment about improving the technology part of the business
BUT
They have taken their eye off the ball
When the computers don’t answer your question
It is a devils job to get through to a person with any authority to answer your question or even have authority to make a decision
People will leave and pay a little to have someone to speak to them on a face to face basis
It’s not all about having good It
Thats my take and speaking from experience
"If the Pound devalues big time, then UK manufacturers are more competitive"
Fleccy you can't just rely on your currency devaluing, has the UK changed since 2016?
We've been caught as much as France,Spain and Italy with high levels of debt.
Sad new but no ceo should stay too long with one company. I hope the next person is half as good and I doubt we will get to know who is in the running. AHO will no doubt get another top job...maybe HSBC Ceo one day.
Anyhoo - will the next ceo have an international appetite
"The SP only fluctuating on market sentiment caused by virus,but overall imo this will have an adverse effect on the sp until new CEO and strategy going forward is in place"
Brexit is having an impact, but Covid 19 will become a non issue by December in my opinion. I don't see another full lock down, going forward, so it's up to individual investors when they want to risk jumping back into their target stocks. Covid 19 has probably knocked 20p to 30p off Lloyds share price, so you make your bets and take your chances.
"Fleccy the best you can hope for is an incomplete deal and negotiations carrying on for years or you could just revert to WTO and take the 8% hit. Either way they were a little bit economical with the truth when it came to the "dusting" phase."
Doesn't bother me what happens in reference to GDP, or the value of sterling. If the Pound devalues big time, then UK manufacturers are more competitive and a low pound would also encourage component manufacture to increase within the UK. Governments around the world have been trying to eek out inflation wherever they can. A low pound will encourage inflation and any company who wants to maintain UK market share will have to reduce their margins, or lose UK business. It's about time the UK economy re-balanced, Brexit just speeds up the cycle.
Good Morning Fleecy..... Good post and I share the same opinion as you ref the CEO.
Anyone thinking that he lost his job because the divi was withdrawn is on the same level as thinking the sp would be 40p by Friday a couple of weeks ago. The SP only fluctuating on market sentiment caused by virus,but overall imo this will have an adverse effect on the sp until new CEO and strategy going forward is in place
"Lloyds will always under perform until Brexit is done and dusted. Whatever the result of the negotiations, Lloyds will recover once certainty is established"
Fleccy the best you can hope for is an incomplete deal and negotiations carrying on for years or you could just revert to WTO and take the 8% hit.
Either way they were a little bit economical with the truth when it came to the "dusting" phase.
"The CEO performance is the share price performance full stop
shareholders only invest for capital growth and good dividend"
We all have our own view, I just don't think he's done a bad job overall. If you want an example of how Banks can really mess up, look at the I.T. meltdown at TSB and how it made Lloyds look good.
https://www.theguardian.com/business/2018/jun/06/timeline-of-trouble-how-the-tsb-it-meltdown-unfolded
If the FTSE 100 had an arse then LLOY is it.
Fleecy
The CEO performance is the share price performance full stop
shareholders only invest for capital growth and good dividend
He just gave all our profits away and got paid millions in the process for losing share holders value
Retail investors voted 80% for the board to leave at the AGM
Institutional block voting won in the end
Only sad thing we got another 12 months of him
How much more shareholder damage will he do ?
I'm not happy - Chair & CEO had an obligation to shareholders - I can only hope they make things right re divi's before they depart - who knows what will become of Lloy under the new management ??? HMG's piggy bank ???
"Not even up 3%
Market Makers not happy"
Lloyds will always under perform until Brexit is done and dusted. Whatever the result of the negotiations, Lloyds will recover once certainty is established.
Not even up 3%
Market Makers not happy
They know they going to miss out future trading profits now
Hopefully we get a shareholder friendly CEO who will stick up for his shareholders
Antonio turned us into a trading stock and the market makers loved him
As I said he probably follow Carney and become a tree hugger now
Actually some of the criticism directed at AHO is misplaced in my opinion. He didn't cause Covid 19, or Brexit and it's these two things that have impacted the share price most. His plan to upgrade the Lloyds I.T. infrastructure, to compete with Fintech and challenger banks is something i agree with. It could have been a lot worse with someone else, so i don't see any issue with much of his tenure.
SUF
This new or not so new guy is a government lackey he presided over the payback scheme for the banks after the financial crash and dictated policy on dividends and buybacks amongst other restrictions to shareholders benefits.
I think were out of the frying pan and into the furnace.
These fat cats that take the cream from share holders,say a big thank you to the Board and executives for there support,NOTHING ABOUT THE SUPPORT AND MONEY THE SHARE HOLDERS INVEST INTO THE COMPANY DOES IT NOT STINK,WITH THEM.
I would like to thank Antonio personally and thank him for making me poor
74p to 31p
I say thank you
Well let's hope our new CEO does not give away another £30 billion of shareholders funds
Surprised we not up 50% today
They fella was no Bank CEO and more of a civil servant type