Member Info for fatprofits

Rose, well in that case you better hope there is not equity dilution on the way in 2021/22.

Could not even begin to guess if that may occur, however the fact
it's not mentioned by anyone might give pause for thought.

Particularly given L.oyds long term record of raising capital through
equity issuances.

Will they need to shore up the ballance sheet for the next couple of years...

Luck with your holding.

Unless someone has discovered the gift of prescience

calling a particular share price is a bit of fun, little more.

I thought it would hit mid 20's as mentioned over the summer,
it was a lucky guess, nothing more.

It may be more constructive to consider is downside, or upside
more likely within a given time.

Rose, given the extraordinary amounts paid out in PPI, some justified,

I think UK banks have paid a price.

And regulatory framework also plays a part re unwise lending decisions.

only fair to say that Marshall Wace are enjoying a purple patch

On the short side of late, one good call after the next.

The co- founder of Marshall Wace was a prominent Brexit supporter

so it's a tad ironic to see Marshall Wace short Lloyds.

They have also reportedly expanded their Dublin office in preparation
for Brexit. More jobs created in Ireland.

this time for delinquencies on government support loans.
This has the potential to get very ugly indeed and HMG's purile
attitude towards banks since the last financial crisis shows no
sign of let up.

Already the Treasury are pushing for longer loan term durations.

As delinquencies on these loans rise political pressure will begin to mount
on banks to shoulder more of the losses imv.

Banks will be blamed for a lack of due dilligence, eventhough they were effectively told
to lend quickly with light touch loan quality checks.

It's a no win situation for banks and as business support schemes continue
to be extended, the potential liability continues to grow imo.

Best to stick to facts, the 2015 high nudged 90 pence,

Lloyds now resides under 24 pence.

Even if you discount the longer term decline from the 1998 peak,

90 pence to under 24 is extraordinary.

I dont hold Lloyds and indeed have cautioned here many times,

today will have been a very difficult day for many so worth keeping in mind

when having a personal dig at a poster.

I'm guilty of it myself with a post aimed at LTI last night.

Sometimes worth pausing before posting something personal.

No it won't.

The lower quality companies often have the highest volume of posts.

It's a handy warning signal imv.

And counting.

Plus banks only receive the money back from HMG IF
they can prove adequate steps have been taken to recover the money.

Now who decides what is adequate, it wont be the banks.

How much might UK banks end up on the hook for?.

Complete BS.

Will leave it at that.

What type of paper % loss are you sitting on LTI...?

You must have piles at this rate ).

From the 1998 peak.

And it still goes on and on...

OPEX on Friday, nothing unusual imv.

No post here makes Any difference to the Lloyds SP.

There are tens of millions of shares traded daily.

There are rules on spreading misinformation on vaccines,
that may be why.

I just attempted to clarify the difference between clinical testing of a COVID
vaccine and availability in the UK. But may be that breeches some rules.

short Lloyds shares?

To make yet more money of course!!.

While the Brexit supporting small PI is Long Lloyds!!!. Shame.

Talk about kicking a bank when it's down!.