Member Info for stagecoach

Sorry as at the end of November 2019.
Highest mortgage rate on record 15% October 1989.

Mortgage price war is set to continue throughout 2020, lenders continue to cut rates in a " race to the bottom ". The average mortgage rate for a 10 - year fixed mortgage stood at a record low of 2.76% as at the end of November 2018.

Corvidae, Global Emergency ! i think not, twice as many people have died so far this year in Cumbria from flu related illnesses than Coronavirus. Markets was ready for a drop, Coronavirus presents a purfect excuse for the fall in share prices today.

Lloyds is definitely a side- ways stock in a tight trading range, it does provide Day - Traders with small regular reliable stream of capital gains, however past performance is not indicative of future share price performance.

QE = Quantative Easing = Printing = Counterfeiting = dire longterm consequences for savers investors and living standards.

Consolidation will make the shares more attractive to FTSE 100 tracker funds and overseas investors.

Banking competition and regulation particularly in the mortgage market, low interest rates, shrinking NIMs and forward earnings outlook, and uncertainty over Brexit, have all taken their toll on current UK banking sector share price valuations with no recovery in sight for the forseeable future.

Loan impairments are on the rise again and are a growing concern for banks particularly in the car finance and credit card markets.

Conservative 80 seat majority effectively means they have " Carte - Blanch " over Brexit. They can do what they want, whenever they want, and that includes taking the UK out of the EU on a No - Deal Brexit if necessary.

eccles04 They may charge competative arrangement fees , nevertheless it is still a race to the bottom for the Global banking system.

LTI, Negative Interest rates may be coming to a bank near you sooner than you may think !

A Danish bank has launched the World's first negative interest rate mortgage, handing out loans to homeowners where the interest rate charge is minus 0.5% a year.

Negative interest rates effectively means that banks pay the borrower to take money of their hands, so they pay back less than they have been loaned.

The dangers and reality of Central Bank loose monetary policy are now coming home to roost. The UK are late into current economic cycle and is now at risk of entering the realms of negative interest rates, resulting in dire consequences for both lenders and depositer's.

Sorry " not looking good "

Uk economy wilting faster than first thought, as Brexit jitters hit business confidence, Interest rate cut at the end of the month now being priced the share price, and its only January looking good !

The notion " Blue Chips " are sure fire winners is no longer valid in today's fast moving and everchanging equity markets.

Victor Blank one for you ! " the bigger they are , the harder they fall "

There is no reason or rush for investors to buy into this share. Wait for the interest rate anouncement at the end of the month and year end financial results, anything less than a stellar performance and a solid set of figures by Lloyds these shares will again be marked down sharply by the City.

Investors are becoming increasingly nervous over the 2020 economic outlook for the UK economy, and Lloyds upcoming year end financial results.

minjin -6, Brexit and the economy are only one factor effecting the share price. There has been a profound sea -change in the UK high street banking sector landscape since 2015 let alone 2008. The halcyon days of year -on - year double digit earnings are now long gone for the major high street banks. Banking competition, low interest rates, increased banking regulation, and low confidence in the sector are the main reasons why share prices are still sharply down from 2015 levels.

A shrinking and overcrowded market place pose a real problem for Lloyds future forward earnings outlook and their current progressive dividend policy.

DOW and FTSE levels are now completely meaningless in value terms in a world of perpetual Quantative Easing, as long as Central Bank stimulus keeps flowing and manipulable algorithms dominate and control the daily share price action on Global financial markets everything heads in the same direction >>>>>>>>>> UP !.

eccles04 Beware the allure of high - yielding stocks, Lloyds are operating in a highly competative market, every lender in the country now wants a piece of Lloyds market share and their margins. If Lloyds are to stand any chance of remaining competative and pay a future substainable dividend, they will need to invest hundreds of millions more in the business than currently forecast, just to stand still and protect their bottom line.

Mrd5432 Stay positive, take a break from the posting board and the share price, dont average down let the market take the current share price to wherever they want, they have their own agenda for the share price Tullow Oil will still be here in a years time producing oil, cash flow is adequate, debt levels are more than manageable.

Damage limitation with investors, and a credible management recovery plan are now the order of the day for Tullow OIl . Good Luck.