Member Info for john46

Oakie,

Don't take any notice from Skier , he's suffering from high altitude sickness .

Oakie,

We're not talking lloy share price down , we're simply ascertaining its true worth . Lloy in this environment is mega high risk , hence needing a yield of ~10% . At some stage in the near future the BOD will be forced to curtail one or more of the quarterly divs placing added strain on share price . These observations are simple common sense .

Rosewall,

By the same token , some other folk have been intimating +70p . They have not been hounded either , a sign of a civilised forum . The next 3 weeks will be interesting and hopefully in 2 yrs time there's many happy lloy shareholders on here .

We have no option but to ride this storm .

Wids,

You're well ahead of the curve bud.

I recall 4 yrs back Chinese Gov buying shares in their major Corp to prop up prices , wasn't aware they were copying Japanese model . They can only get away with such policies having a balance of payments surplus with the West .

SE Asia and Indian subcontinent taking trade away from those 2 nations . Throw in cv19 , B of P should be on a knife edge , throwing spanner in Jap and China FX .

My lloy buy @ 28p will seem a tad overpriced .

EK,

There's major liquidity issues out there . Global Corps hoarding Dollars . Only you can deduce outcome.

https://www.bloomberg.com/news/articles/2020-03-23/mortgage-bond-sales-flood-market-amid-pleas-for-help-from-u-s

Wids,

As you correctly pointed out FED not allowed to buy US debt , they've found a way round dilemma , similar to lend lease 80 yrs back .

"To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above."

https://www.bloomberg.com/view/articles/2020-03-27/federal-reserve-s-financial-cure-risks-being-worse-than-disease

The conclusion of this essay should be a must read for us all.

Boomer,

In Germany Goebbles lives on in Gov , they're now telling us cv death rate has increased 4 fold ( that's 400% for non cv believers ) from .1% to .4% of victims . Something not right with their stats .

"But that means the German death rate is still around 0.4 per cent - the lowest of any of the 10 countries that have been hardest hit by the virus. Italy's death rate is 9 per cent, while the UK's is 5.3 per cent.

The figure has baffled scientists since Germany has a higher proportion of elderly people than the UK, and Italians have generally healthier lifestyles than their German counterparts. "

https://www.dailymail.co.uk/news/article-8146125/Coronavirus-cases-deaths-rise-Germany-death-rate-stays-low.html

Following your ramblings , I assume you have no children or attachment to your parents

LTI,

Thanks for your pointless reply . The coefficient of time is obviously not part of your thought process .Your affordability criteria must also be history .

See you @ 28p .

Xx

Boomer ,

You give the impression that this saga is purely a financial inconvenience . Asset prices were overvalued , had it not been for cv19 some other black swan event would have caused correction . We all know QE stimulus will ensure asset prices will correct with time .purchasing power might not be the same .

https://www.cnbc.com/2020/01/14/the-stock-market-has-never-been-this-big-relative-to-the-economy-signaling-it-could-be-overvalued.html

Levis,

https://www.democracynow.org/2020/3/23/headlines/two_nigerian_overdose_self_medicating_with_chloroquine_after_trump_praised_anti_malaria_drug_as_possible_covid_19_treatment

Theosus,

Many a person has said they were simply following orders , taking nivaqueen was one of them . With so many nations coming together and so many resources thrown at this problem , zinc will more than likely appear as part of cure . Personally , 2 weeks tops , Global competition to see who comes up with cure first .

Levi's,

Have you read Nigerians are overdosing on Hydroxychloroquine , their media is telling them it's a cure for cv , blocking icu facilities . 1st world are being semi dignified about this virus , 3rd world is panicking .

LTI,

"What happened to Spanish flu?
It wasn't a case of back to square one. it simple changed and fizzled out."

Once again you're showing your lack of historical events . Spanish flu started in US , Kansas we are told , from swines . It lay dormant for c 80 yrs , it then mutated . Hence why we are told to ensure pork is throughly cooked .

I look forward to your edited retort.

Xx

Boomer,

Every 6 months go into surgery to have my bp checked . For yrs have read warning signs , don't make your body immune to anti-biotics . 30 yrs back whilst in Kenya had to take nivaqueen and paladrine , malaria has mutated , those antibiotics are now obsolete .

Boris is right , we will beat cv19 , we will find a vaccine , but then it will mutate and back to square one . History does have a habit of repeating itself .

Boomer,

The whole world is about to partake in a Global Recession , completely out of our control , all 1st world nations plus overspill implementing the same procedures , isolation and QE.

https://www.dailymail.co.uk/money/markets/article-8144043/World-deep-recession-say-Goldman-Sachs-analysts.html

We are told there's some intelligent folk running OECD, IMF , BIS , if they are good at communicating and finance they will find a way of writing off this exceptional debt without it affecting FX , hence neutral impact on NHS . What is concerning is reading this virus will mutate and we'll be in the same predicament in the not too distant future .

Boomer,

You're coming across as rather callous bud . 93% of UK population now agree with Boris' policy last night . You are in the minority.

https://www.dailymail.co.uk/news/article-8146277/Boris-Johnsons-coronavirus-lockdown-backed-93-CENT-public.html

Human life is worth more than profit , regardless of a persons age .

A minor inconvenience compared to Terrys ordeal . I wander what's become of him and his pal John these days . I'll never forget a funny anecdote he experienced on the day of his release . They bundled John into the boot of car and J said , "it's cramped in here " , Terry's retort , " it wasn't until you got in " . The inconvenience we are going to experience pales into insignificance compared to what those 2 gentlemen went through . Thank you for using such example and placing it in perspective . Bezos wealth doing well out this household .

Hence why the Lady splurged on 4 bottles of plonk . In this day & age Premierships are a poisoned Chalice .

ERV,

Caixa seem to be on the ball . 18 months back they stopped investing their saving deposits in Spain anticipating asset price correction . Some foresight !!!

Wids,

"Beijing claimed that the health code is for preventing the spread of the CCP (Chinese Communist Party) virus, commonly known as novel coronavirus."

Is this a hoax ?

Thankfully sense prevailing on here at last !

Best wishes to you all , keep well !!!!!!!