Member Info for calisto

Lloy has been able to improve Nims despite macro and regulatory headwinds and certainly on an underlying basis will do so again in the next set of numbers. As mentioned before lloy is a Brexit put and has been since we voted our despite warnings of Armageddon from the likes of Osborne and carney ad they sought to usurp shamefully the due democratic process and advocate the democratic principle of a second rate banana republic . A no deal is virtually factored in as we can see from sterling vs other currencies As forex traders are trying to get carbet to throw money at sterling to ‘defend” it as he stated he would in the event of a free fall which of course has not happened as have many other of his dire predictions. Events will. Ok doubt continue to hinder our so progress over the next 12 months ahead so patience and a continued focus on underlying trends to accurately gauge our banks health will continue to be needed

I hope you Right on that one !

Sounds to me you are describing what happened to us the lloy shareholders

Its relatively straight forward a company buys back its shares then in theory the price should reflect the number of shares taken out as all ratios that matte are calculated on the avg number of shares in circulation. In the case of lloy the company takes shares away and then reissues shares to pay for bonuses. Ie you the shareholder is paying those nice people that run the bank etc etc . So net net the avg does not come down as fast as you might think. Now we also have the issue of Brexit which we are not allowed to talk about on this board . Many with access to the mainstream media have letbit be known that we are heading into the abyss if we dare leave the EU and our backs will be in deep **** If and when that happens. Wrong as this may be punters are nevertheless selling lloy as a hedge to Armageddon. Very stupid imo but markets are what they are. If you wNt c3ap banks look at the European ones they unlike us failed to put their house in order 10 years ago and the chickens are now coming home to roost. Hope that helps. Gl

Its clear why Scotland was left off- would have been well well below Wales.

I believe you. Dogs have an uncanny ability to detect a vet. Something to do with the smell I understand

Indeed recent govts have been ok with rodgering shareholders. Under t may we just continued to move further to left as she was looking for a legacy. Shareholders in financial institution rightly feel betrayed as pensions have been filleted over and over again by successive chancellors having been shown the way by the late Robert maxwell who first taped his employees pension funds. Sadly and paradoxically many of us are now worse off than we were under Gordon saviour brown. It is time for a proper pro business pro economy pro independence conservative govt to put the country back on the road to prosperity and put money back in the pockets of those that can be naffed to get off their a&ses to a day’s work.

maybe somebody should let them know that the FDA is blocking new anti biotics coming to the market and ask them why they are putting financial gain before american lives

"state of near bankruptcy" shame the citation does not go in more detail. Had HMG, FSA BOE, and HM Treasury not forced an asset fire sale on the company, ( following advice from those nice guys and Standard Chartered who saw an opportunity to nobble the Black Horse) the return to "health" would have been more than 5 years earlier. I doubt if there has ever been a more spiteful ,vindictive, hostile Govt attitude towards banks anywhere in the world than here. Its pretty remarkable that Lloy still exists at all.

Should be up tomorrow panorama a pr disaster for labour

Surprised his RNS has not been pulled. just saying

Its a binary choice SP. Take the drug you live, don't take it you die

There is no reason why this drug could not be approved here in the UK given the test data available. It would not take much to monitor patients for raised lever enzyme post approval for use esp in a hospital setting. MRSA is rampant as is sepsis killing 120 of thousands a year. The FDA has been pretty shoddy putting US commercial interest before patients lives in propping up a failing Iclaprim competitor for as long as possible. Lumsden has been following naively US centric advice from his advisors.

EU banking crisis could cost more than 400bn. If we hang around we might be on the hook for half of that. Can't imagine why the EU does not want us to leave.

last person we need at the IMF is someone who only knows how to paper over the cracks

While the BB censors will do everything to keep politics of this forum in reality it is difficult to look at LLOY while ate the same time ignoring political events past and present and the impact it has and will have on the SP over the months ahead. Since the crash we have had a succession of Governments seeking to extract revenge and compensation for the financial crash. Even though the Govt has earned a handsome return on its "intervention too save the financial sector" , the reality is that the Treasury and regulators have continued their hostile approach and continued to milk and strangle the sector for all its worth. The Cameron and TM administrations naively allowed a regulatory millstone on our banking shares so change if it comes through a more "business friendly and savvy" administration rather than an administration always looking to capture the social middle ground regardless of the financial implications will prove a major lift for the sector. A proper conservative Govt is by its very nature more business friendly and will seek to loosen the shackles which have held the City back for a decade . Lloy is a strong bank on all measures esp when compared to its many of the EU competitors and this well able to meet the challenges we will likely face in the run up to Oct 31 and beyond. It now seems reasonable that given the saturation and hysterical coverage of events by the MSM Brexit is mostly factored in to the current SP. So that then raises the issue of a Marxist Corbyn Government and its calamitous impact on our country's finances credit rating and so on. I may be wrong but I would like to think that the British public have begun to realise that the emperor ( Corbyn) has no clothes and most will be worse off. Political opinion polls will from now on dictate SP direction.

Perhaps it is because Corbyn and his left wing nutters are slipping back in the polls. this will be deleted in five

not before time. He has driven the company that gave him the opportunity virtually to the wall and has destroyed almost all value here. Class act.

watched a bit- even more theatrical than the men's game- i think it it has a future from an entertainment perspective. not nice to see girls foul-mouthing the ref through.

talking UK down again hence Sterling on the back-foot.