Member Info for john46

LTI,

38p ?

You did tell us Lloy wouldn't revisit 52p , so no chance of 48p in your eyes then ?

Xx

LTI ,

NC was simply pointing out Aramco and Norwegian wealth Fund were staying ahead of the curve , offloading assets before they become worthless within a generation.

“The consequences of Covid-19 [the coronavirus] for global oil demand will be significant,” the IEA said on Thursday.

In China, the world’s biggest crude importer, millions of people have been quarantined, transport and services have been shut down and industrial activity has taken a big hit.

“The crisis is ongoing and at this stage it is hard to be precise about the impact,” the IEA said. There was “little doubt”, it added, that the effect of the virus on the economy and oil demand would be far greater than the Sars outbreak in 2003, because of how integrated China has become in the global economy. Last year, the country accounted for more than three-quarters of global oil demand growth.

The blow to oil prices has already been hefty and global producers have been in talks about whether they should take further joint action to bolster the market. Brent crude has fallen from a high of almost $69 a barrel in January to about $56 on Thursday."

https://www.ft.com/content/babdb1ba-4e3b-11ea-95a0-43d18ec715f5

Brent price bound to affect Dow , knock on effect on FTSE . Lloy fundamentals same at 58p as 48p .

Worse case scenario 45 m dead .

https://www.dailymail.co.uk/news/article-7990511/Coronavirus-infect-60-cent-global-population-controlled.html

Another way of perceiving that dilemma is gauging Debt to GDP . Acknowledging PMs only have an upward trajectory , and all G20 nations Globally are living beyond their means , when the day of reckoning comes for Forex , the true exchange rate will be dictated by debt to GDP , for which @ 86% we will have shown ourselves to be rather prudent . As demand for fossil fuels shrinks Russia's 60% debt to GDP will mushroom . If Germany doesn't adapt to new technologies as fast as we are , cease to subsidise the EU experiment , their 57% debt to GDP should approach ours in our lifetime .

SC , iPhone factory closed in china also . Our teenagers will have a breakdown when shops run out !

Cvirus in India now , low hygenie , high population density in cities , poor medical care , incompetent Gov , it will mushroom!!!

It's a butterfly moment that will escalate !

"The decision to remove grants for PHEVs is not the only factor but has played a significant part in the rapid drop-off in sales over the last year.

In 2018, when the grant was available for the first 10 months of the year, a total of 42,232 plug-in hybrids were registered compared to just 15,510 battery electric vehicles.

Fast forward a year - at a time when diesel sales continued to nosedive and more motorists are considering a switch to low-emission vehicles - and the sale of PHEVs fell.

Just 34,737 new plug-in hybrids were bought in 2019 - a decline of 17.8 per cent.

In contrast, pure electric vehicle demand grew by a staggering 144 per cent last year, with 37,850 registrations - more than PHEVs for the first time on record.

But there is another type of hybrid that remains even more popular. Conventional hybrid electric cars that are 'self-charging' and can't be plugged into the mains, saw registrations rise by 17 per cent last year.

This makes them the most popular alternative fuel vehicle choice. A total of 97,850 hybrids were registered last year - almost three times the volume of plug-in hybrid and pure-electric cars."

https://www.dailymail.co.uk/money/cars/article-7964875/Will-banning-hybrids-petrol-diesel-2035-work.html

@ 144% pa growth is exponential , we still have choices and it looks folk are voting with their conscience.

Interesting report on 174 yr housing affordability .

"The UK’s heavily mortgaged consumers would struggle to cope with 50 years of falling house prices. It would also be political suicide for whoever was deemed responsible.

‘A shift towards the building of smaller houses would also seem unlikely – research has found that houses are smaller today than at any point since at least the 1930s.

‘Hobbit homes cannot be ruled out entirely but I’m not sure how positive an outcome that would be.’

The best hope we have then is rising wages, he argues.

A return to better wage growth, combined with more houses built and lower property inflation would help the situation, albeit the caveat is that higher wages often mean a robust economy and potentially a stronger property market.

Duncan adds that ‘the elephant in the room here is interest rates’. He points to the recent Bank of England working paper that concluded almost all of the rise in house prices relative to incomes between 1985 and 2018 was down to a sustained decline in real interest rates.

To paraphrase people much smarter than me: cheap money equals more expensive houses."

https://www.dailymail.co.uk/money/mortgageshome/article-7943741/House-prices-174-years-70-year-period-got-cheaper.html

Our base rate @ 0% will surely mean multiples of 13 again for our offsprings

Nov,

Don't take any notice of LTI , he's our serial molester . All he does is copy and pastes other folks observations , without contributing much to Bulletin board . Feel free to join in non LTI debates and you'll be more than welcome , and learn much !!!

LTI,

XX

NC,

"Sir Philip has taken umbrage because the Oxford comma is missing from the coin's wording: "Peace, prosperity and friendship with all nations."
The Oxford comma is included before the final "and" in lists but it is not used universally and is often a topic of debate for grammar enthusiasts.
The coin will come into circulation on 31 January, when the UK leaves the EU.
Stig Abell, editor of the Times Literary Supplement, agreed with Pullman, tweeting: "The lack of a comma after 'prosperity' is killing me."
But Susie Dent, from Countdown's Dictionary Corner, said the Oxford comma was optional."

https://www.bbc.co.uk/news/entertainment-arts-51269012

The importance of commas in a sentence .

Wids ,

You're compromising your undercover role bud .

Oxo,

Someone preaching from same soap box.

"Next Friday at 11 pm, whether or not Big Ben strikes the hour, we shall leave the organisation we joined – after even longer delay and obstruction (then by the French President General de Gaulle) – in 1973.

Brexit: Political stability and economic confidence have been boosted since the General Election, according to Robert Tombs

But much has changed. Then Britain was on the ropes. Our economy, and even our society, seemed in decline, weakened by strikes and scandals.

But the European Common Market, forerunner of the EU, was booming.

A Government pamphlet showed a girl in a skimpy Union Jack bikini proclaiming: 'EUROPE IS FUN! More work but more play too!' We were, said a No 10 adviser, 'the sinking Titanic'. Europe, we were told, was our lifeboat. Joining it would save us from ourselves.

And now? Europe is floundering. France is riven by endless strikes and demonstrations. Southern Europe is stuck in economic stagnation, disastrous youth unemployment and a continuing crisis of migration. Extremist parties are mushrooming.

The EU seeks to take ever more power, which it is incapable of using effectively. On the international stage, it is negligible.

Whereas Britain, having at last come through the self-imposed chaos of the past three years, has seen political stability restored by a General Election and economic confidence boosted."

https://www.dailymail.co.uk/news/article-7930297/ROBERT-TOMBS-Finally-future-match-past.html

Worth a read.

Wids/Bruce ,

We know since the beginning of time UK has been world leaders in innovative new technologies .

Now , 3D , AI , cancer research , renewables , aerospace , mini nuclear . We have to stay ahead of our competitors and lloy needs to support some of these long term projects .

Off topic ,

Very interesting essay written by editor of the Bild , Germanys most popular tabloid , intoning how we will make a success of our departure from EU . Worth a read

https://www.dailymail.co.uk/debate/article-7927123/ALEXANDER-VON-SCHOENBURG-says-Germany-fears-Britain-face-reality-Brexit.html

Lloy needs to embrace UK emerging technologies !!

LTI,

"It's about time the board had a few more people of intelligence."

If that's the case , then give us your EOY forecast .

LTI,

Whilst conversing with DCB I mentioned 4% yields , 25% divergence is much when dealing with paper backed Securities .

I take it you're still of the opinion lloy is impervious to Global events .

Jammare,

US 10 yrs now yielding 1.74% , only a matter of time till they go back up to 3% . History has a habit of repeating itself . Get your timing right !

https://uk.investing.com/rates-bonds/u.s.-10-year-bond-yield

Nori,

We take it you're posting from the international space station . Most of us know lloy is overvalued to the risk factor . £2 in our grandchildrens lifetime , much dilution in between thanks to GS corrupting shareholder value .

Just be gratefull you're not in EU's DB , that should enlighten you to how precarious our main competitors are at the mercy of of everyone else . Not self sufficient in Natural resources , not self sufficent in renewables , and now our young Greta wants to enhance the downfall of the EU , We should applaud her for standing up to mismanagement and corruption of public finances .

In time , Greta , will be seen as having led the way for EU's downfall . 25% of our power is now renewables , let's keep leading the way forward .

Eccles,

CPI measure of inflation to be phased out , another of G Browns cons .

https://www.dailymail.co.uk/money/news/article-7899251/How-Budget-review-inflation-measures-affect-finances.html

LTI,

52p it is then .

Xx

LTI,

Senility ? You , who else .

Would you like to confirm we'll see 52p again ?