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Fontenoy You are talking rubbish,for what reason would the government want to take on board a publicly listed company that is bailing the Government out.
If you must make stupid statements at least give a viable reason for it.
The whole game in Europe as changed now with the covid -19 intervention and Barnier and his coherts are panicking they will not be able to take their usual stance of holding a gun to our heads.
The political geography and allegiance's have been rearranged to such an extent that we are very much in the driving seat with regards bartering power.
with all of the economies in Europe now in tatters that leaves the crucial fishing rights very high on the agenda and those little fishes are not getting covid-19.
I think we are in a position to now tell Barnier that we are leaving per timetable take it or leave it ,because after this Pandemic is over we all start at square one.
I t looks like a massive disclosure in the white house press conference when Trump is questioned on a grant to the Wuhan lab were this covid -19 is most likely developed. The$3.7m grant was made by Fauci as head of the health Dept and turns out to be illegal as the senate had blocked these fundings earlier as downright dangerous.
Trump is going to turn this one upside down as it was during his predecessors tenure.
If this story is proved then the consequences for the Americans will be ten times worse than now.
Mick-B The chase for a drug to counter HIV is governed by cost and the amount of effort the drug companies are willing to spend on research. In view of the financial return from a relatively small portion of the population and because there is a mix of drugs that now combat the effects, the urgency and appetite for a cure is minimal add to that the spread of the desease as minimised as education as made people aware of its cause.
The Covid-19 vaccine is a massive money maker and even with genetic tweaks it will be very quickly produced within the next twelve months.
Rosewall I can assure you I have no rose tinted specs just a degree of foresight ,I predicted a price of 30p in february when the share was 53p and was laughed at, unfortunately I did not take full advantage as I was trying to save my substantial dividend ,what I did'nt see was the HMG intervention so I was robbed twice by this crappy virus .
I have the experiences behind me of the hidden pitfalls but I also have made a lot of money from trading and divis in this stock since the F- crash so I consider it a solid position and will continue to believe in its future.
Marcus
Your forecast is highly pessimistic and way off in time frame as soon as a remedy for this covid -19 is found the price of the share will rebound to pre crisis levels ,then within a year rise to circa 80p as the economy quickly recovers.
Big spread in the Sunday Times about Lloyds and its meagre contribution to bailout loans .The report cites Natwest and Barclays as being streets ahead in rescue packages for business's . So how does the Lloyd shareholder view this, answers on the back of a postage stamp please.
We are in a very bad space and everyone keeps saying we are all in the same boat ,are we? ,tnere are companies out there at the moment making a fortune out of the results of this pandemic and if I were a shareholder in those companies I would be applauding them but those companies are not lending any money to distressed business or risking their capital on lost causes so why should Lloyds.
Lloyds is a business like any other and as to prudently use its resources otherwise it could itself become a victim .
Any results published for the period of this present crisis are irrelevant as they cannot be quantified in the long term .The focus now and for the future should be damage limitation and from what I have seen regarding the boards approach I suggest a prudent management of the lending regardless of the HMG directive to lend lend lend . Its not the HMG 's money thats at stake it is ours we will have enough payback for all their lending to contend with that I assume will be another wealth tax aimed at anyone who as savings .
I don't see any upturn in the OCT 20 because we will still be in this scenario of not knowing whats coming next until we find a vaccine.The only hope is in the Jenner Lab which starts tests on human volunteers tomorrow and should these be successful a larger sample by June /July.Taking into account the time lapse and regulatory approval we will still have the threat of a re-emergence hanging over the world until there is a vaccine that is shown to be effective. V,W,U,it matters not we will be doing this level for some time long into the future as long as nothing else comes along to pitch in.
But talk of war and doom and gloom don' help this board or its members so the kind of script that Darth Trader peddles should be taken off before its shown.
Taskmaster
Read though your response to ERV1 and contemplate your naval ,these times we are going through are unprecedented and not open to constructive analysis at this early time of the crisis ,what matters is the response we all make in the immediate threat of this pandemic .
Hindsight is a wonderful thing and if it was available it would be more valuable than a vaccine for this horrid virus and nobody would be at fault.
The parties you cite in your retort are all human and very much able to err but there is no malice in there behaviour and to most of us actions taken with all the evidence and information available at the time.
dflynch I apologise if I offended you but the political slant stands out in your piece but is not partisan ,I agree with you that these situations need a diverse audience participation so we can make sense of it all.
dfLynch
Your synopsis of the Government strategy is politically motivated and to a great extent flawed, you cite the responsibility of the individual to do the right thing in reporting and isolating themselves should they become infected but we have seen that a minority cannot be trusted to do this ,also there is a tendency for the strategy to be ignored by the selfish and ignorant which destroys all the confidence the general public have in any good outcome.We have a Government that carries out policies aimed at protecting the population by whatever means are deliberated by the experts in the field, enforcing those policies until such time as it is safe to relax them as to be foremost regardless of the economy as there is no price that can be placed on human life ,to start that strategy is to go down a very dark road.
The last gov update from the chancellor paints a picture that is stark,he very skilfully avoided DOOM AND GLOOM laura bbc kus
question on next generation paying for this catastrophe .Hell Laura are you thick or what of course the next generation are going to pay for it.They can look forward to austerity that was last seen in the 1950s I had some of that and it did not harm me I am still here ,just.