Member Info for stagecoach

Wids The banking system has become more resilient since the global financial crisis. Call me cynical but Bank's lend money to people who can't afford to pay it back because it's profitable, debt is also a form of wealth. The problem arises when the distribution of that debt taken out is excessive and the interest on the scheduled repayments potentially cannot be serviced.

All major UK listed bank share prices are again down today . I would expect the share price downward trajectory trend to continue until there are clear signs of a successful breakthrough in the Brexit negotiations.

Once again i must reiterate, until there are tentative signs that earnings and profits are beginning to flatline, its business as usual at Lloyds.

Gate13Boy Agree the relationship between the gold price and the US dollar do tend to have a negative effect on each other. With further interest rate rises in the pipeline the US dollar could still rise further in the long term.

Leafie Cumbria Northern England. What are you interested in Gold bars or coins?. I will be probably look at the posting board later on today .

Wids my previous post " Gold is easy to aquire very hard to offload "

I was referring to holding physical gold bullion. not gold traded on an exchange, I inherited a substantial amount of gold bullion from my late father which is now gathering dust at the bottom of my cellar. Tried offloading it to various dealers they would only offer to buy my gold way below current market prices unlike equities there is a huge price margin between the buy and sell price of gold. There are also HRMC capital gains tax and insurance implications to take into account when holding and selling the gold.

Gold is more of a tangible asset, rather than a easily convertable to cash asset. Anyone out there considering becoming a holder of physical gold bullion i am open to reasonable cash offers for the gold.

Mick Gold is easy to aquire, very hard to offload !.

Maybe a deal to far for the Competition and Markets Authority . Organic growth or a tie up with a Overseas Institution is now the only way forward for Lloyds.

Andyagogo You make a valid point, but for the super wealthy elite Brexit is meaningless, they have theis own version of free trade agreements. They live and do business in a borderless world and can buy their way into virtually any country they like.

Brexit deal or no deal, there will always be a export market for high quality manufactured goods.

Freya Exciting times ahead for the £1 Billion pound Dundee Waterfront regeneration project, it will certainly put the City in the frame. to be named European Capital of Culture 2023.

Better still if visiting Scotland call in at the new £80 million pound Victoria and Albert Museum on the waterfront in Dundee due to open on the 15th September. Recently had a private tour of the Museum a mind blowing experience is guaranteed for visitors.

In 2017 they were still a lot of outstanding Lloyds " Bearer Shares " with physical coupon values in excess of 7%. Block Listing of new shares and capital issuance was both necessary and essential in converting these issued " Bearer Shares " into ordinary registered shares.

RobGTR Lloyds are unlikely to disclose the fee or the terms of contractual agreement for public scrutiny paid to UBS for conducting the share buy back programme.

Troajan British Intelligence failed in their assessment of the threat posed by the Exocet Missiles and were under the assumption that the Argentine military personnel had not received any training or instruction in the delivery and launching of the Exocet Missiles.

LTI It may have been Perez de Cuellar's peace plan but is was US Secretary Of State Alexander Haigh who was firmly in control and the direction of the negotiations.

British Intelligence have a habit of producing flawed and bogus information, Saddam Hussein's allegedly ' Weapons of Mass Destruction' is a classic example of their incompetence.

A divisive and heinous act carried out by the Thatcher government to deliberately derail the American led 11th hour peace plan ultimately leading to the deaths of over 900 Argentine and British military service personel.

It will not go down or be remembered as one of our " finest hours " in British military and diplomatic history.

There are still to many percieved fears and sentiment - based systemic risk factors out there surrounding UK focused banks for investors to contemplate moving back into banking sector shares. Confidence and trust in the sector is unlikley to return to 2008 pre - crash levels in the foreseeable future.

The first initial tranche of cash from the Irish loan book proceeds will soon be landing on the bank balance sheet. Lloyds have already stated the cash proceeds will be used for general corporate purposes and to further boost Core tier 1 capital generation. How much cash " if any" will translate into further share buy backs remains to be seen.

Markets cautiously optimistic a deal may soon be possible in the latest round of EU - UK Brexit negotiations.

Asperger the share buy back cupboard is now almost bare, at current buy back rates the programme will end no later than friday 31st August six months ahead of schedule as i originally envisaged. It will then become apparent how effective the programme has been in underpinning the true level of the share price over the previous six months.

Nigel Farage and Boris Johnson the glorious Brexit heroes of yesterday are now the sad quitters of today.

There is still a lot to like in Lloyds, rising profits and dividends, internal costs under control, and future interest rate rises. However the share buy back programme must take precedence over future increased dividends that may be deemed unaffordable and detrimental to the bank fundamentals.