Damned if they do......21 Apr 2020 18:21
I am not sure what investors are expecting from Lloyds at this stage.......
- baton down the hatches and don't lend money to new or existing customers?
- decline requests for repayment holidays from financially stretched customers?
- start to repossess properties now and kick families out?
- keep the div pay out and stick 2 fingers up to the countries financial regulator?
- rethink it's role in society and the future economy?
- shut all branches now - because Bank staff aren't really essential workers are they?
Is this what investors want? Go ahead and tell the BoD then at the AGM. Or do you want an a la carte menu of complaints so you can focus on the dividend through blinkers and ignore what is going on in the world around you and the part that the Banks are trying to play, where ..... and guess what - there are no plans for this - everyone on this planet is reacting to events and horrors as they unfold, either to their loved ones. their jobs, their income, their businesses, their mental well being....
My 3rd and final rant of the day.