Member Info for Faulkes

I’m 100% not comparing CV to 1918 flu. You misread that.
What I’m saying is the important thing here is economics and not deaths and infections.
The banks won’t take such a large hit as 2008 because they were robbed blind by subprimes- but national economics will take a massive 2 month hit at least.

Oh boy ... forget my previous mention of containment and stopping.

“Chief medical officer tells MPs coronavirus plan now at 'mainly delay' stage, not 'mainly contain' “

They can’t contain it.

The difference between CV and 2008 is that in 2008 people were still spending, travelling and earning.

That all filters down down with CV. Businesses post massive loss in profits for 2 months. Some retail will certainly call in the admins because they are already near bankrupt. Job losses. Rent arrears, missed mortgage payments and mental health issues increasing. The NHS will burst at the seams.

That really is worst case. Best case is the spread is contained and stopped. But look at yesterday’s increase in UK CV figures, and today’s USA increase.

It is a lot more dangerous than flu. Don’t let anyone tell you otherwise. DYOR. It’s all being reported through worthy channels.

We’re at a very unclear and potentially dangerous point for lots of investors. Please do not mislead people.

People could lose a lot of money.

Can we be very clear - there is NOT talk of LLOY offering a special dividend of 15p.

DO NOT POST LIES.
You’ve been reported.

The peak of Coronavirus won’t be with us for 2 more months. LLOY is going down, not up between now and then.

Love your hopeful post though keep up the good work.

Well - I’ve just dumped my LLOY and taken a nice big punt on this. CDM has got the talent, and the new IP.

What, you thought people voting Brexit would be a good thing for Lloyds and the UK economy?!?!

You reap what you sow.

... is simple.

Analysts can see the UK economy WILL suffer after Brexit. Therefore this bank and UK-centric banks WILL suffer.

You reap what you sow.

Some people on here are suggesting a rise in PPI will bring down the price to 50-55p. But seeing as we’re expecting it to be there, will it not be priced in?

Can someone confirm for me:

2019 final dividend is paid May 2020 ... and
1st quarterly dividend payment is June 2020 ....?

we need that share price to plummet right? So that the buybacks are more effective and they hoover up many more shares for the cash put aside for buybacks. Therefore long term win win. Short term investors bye bye?

“General Atomics, a manufacturer of the powerful magnets necessary for fusion plasma containment, estimates that a working reactor would only need 11 pounds of hydrogen to generate the energy equivalent of 18,750 tons of coal, 56,000 barrels of oil or 755 acres of solar panels – an amazing feat of science and technology.”

We need this yesterday. We also need ways to capture harmful gases and pumping them into space.

Regards LLOY, we need that share price to plummet right? So that the buybacks are more effective and they hoover up many more shares for the cash. Therefore long term win win. Short term investors bye bye.

Boomer ... you can’t possibly know how much of our exports go to the EU. Otherwise you wouldn’t have said what you did.

Boomer “We don't need them half as much as they think. Very little evidence the economy is screwed btw. None in fact.”

Just opened my post and received the latest reiteration of how only £85k of our savings/current accounts are protected if the proverbial hits the fan again.

I wonder ...
We can’t say they didn’t warn us ...

Let me answer this another way ....
Our economy is getting screwed. Investment is dropping off. Trade wars are incoming. The value of this bank could plummet after the no deal Brexit and the above ...

Why would anyone buy this bank right now?!
You buy on a recovery, not a disaster.

No.
.......... why would you think anyone would buy the bank?!

It’s been 10 years since the financial meltdown.
So give t another 10 years after Brexit and that’s a maybe.

I can’t help thinking these buybacks are BS.

Personally I think LLOY should just consolidate the shares 10 for 1 and give us that chunk of profit as divis.

We friggin deserve it after all these years.

If the tax is owed and paid, this will take a bigger bit surely? At the moment it’s being held up by hope...?