TFE, If you are going to keep records regarding subjects /topics posted by who and when the please do a better job than “Gap Watch”, as it does not give the full picture with regards to what type of gaps they are.
I notice you don’t pull up some of the positives that I have posted, such as takeover, mergers opportunities or even for Lloy to be bought out or does this not fit your remit… ?
So what is your opinion with regards to the banking system as a whole, USA, China, or other banking systems such as the situation in Hong Kong whereby the banking system relative to GDP = 850%..? Surely you being a seasoned investor who only deals with current events and not “ifs and buts.”, would find this of some concern. "contagion"? Also what do you think of annihilation of rates recently @ NS&I..? do you think this is a precursor or the BoE to introduce negative rates, if not why ..?
John46, they may well have a change of direction, i wouldn't rule it out as the new CEO may well see things differently.. New broom'n all that..
as for TFE "(3) if investors are not comfortable with any proposals they will have plenty of time to exit."
what of the LTH's who could not or did not average down...so are you advocating to sell out at a huge loss..?
and then we also have TFE stating "(2) I don't care about it either way "...
So why are you making a big deal of anyone discussing this topic as well as keeping records as to what subject / topic had been posted by who and when? as your per your comment; " However I believe I'm right in thinking that it was raised by you for the first time this year and presented as another detriment to Lloy."
the topic of consolidations had been mentioned previously on the this bb, i only replied to the post. But since you raised "negatives" i do not read a counter argument from you with regards to consolidation.... all i stated was if it happens then it will be more, considerably more, than 1/10...
Onlyif, we also have Nov 3rd, the USof Election....One forecast says trading volumes are likely to spike to as much as eight times their normal levels on Nov. 3. The biggest banks are testing their technology to make sure they can handle it.... lots of volatility ahead i'm afraid, i can see Robin-Hood traders, mom'n'pop getting wiped out....or getting out prior to that date...
onlyif, Brexit is not oversold, this decline is all about C-19 and the impact on the economy, jobs, etc.. No Deal is not priced in therefore Brexit can not be oversold, should a deal materialise then Lloy may get to 30pennies only to fall back as we, the UK , are now seeing wave 2 C-19 and still have winter to get through. The new job retention schemes will have little impact come Jan 1st /21.
Should a No Deal be announced then we will see an Unthinkable Low.... DYOR
onlyif "its still the same bank as it was before covid and will after despite all the glooom"
yes and maybe that's the problem going forward into a new era...No Deal and the UK / London will become a bigger financial epicentre, more competition as well as smaller banks. EU are ready looking at way to retain, grow the financial sector, probably in Frankfurt ... DYOR
Triflepig, "Yes a bit colder, windy and showers here yesterday. I think that sitting outside is becoming less appealing and sadly will hit hospitality even more."
yes, some of these venues had temp permission to use outside space not only will stop due to H&S, when the bad weather hits, winds, rain, snow it will not be as attractive as it was in the exceptional weather we have had this year! Some venues are too small inside to survive if Social Distance measures are to be policed as they have stated... DYOR IMHO
RE: If 25p is such a tough nut to crack how does it crack 30p24 Sep 2020 22:41
TLF, This is a public forum and not a closed club. Also since the UK Govt are supporting the UK economy via Lloyds, using them to admin loans etc, in which we ALL have a say; however not that i need justify anything to you or any other poster as it happens i held, sold, traded, Long & Short lloyds many times over.
I am also a client of Lloyds for numerous products using personal, businesses bank accounts and have done for as long as i can remember....
DC, DOW losing ground, the DOW on the weekly produced a Gap Down on 24th Feb , then a Double top 31st August which also closed that Gap Down. The Daily chart is very bearish and looks very likely to produce a Bearish Triple MA...
chancellor Rishi Sunak imminent announcement with regards to furlough scheme expiring at the end of October and his new plans to secure jobs needs to be massive, as we are talking restrictions initially for 6 months that will doubt get tighter and probably lead to a full lockdown as the UK enters winter...