Member Info for Walkersworld

Nash, it’s not a privilege it’s a right, owning a home means initially doing without to save a deposit. In my case I always bought cheap added value and sold for a good profit, I continued doing this until I owned a detached five bedroom property outright, it’s not rocket science, it’s achievable with reasonable budgeting.

Pippa Peaches, I would say you are the odd one out on this site, most here will own their own homes, probably outright, what do you think they did that you can’t do? I find your mentality very strange. Why bump your gums on a site frequented by people who invest in shares and obviously have funds to spare?

Retrosec, exactly, MF has published more articles on Lloyds as an investment than I ‘ve had hot dinners, as you say, the writers are not experts and are only voicing their opinion which many do on here! And something else never follow brokers recommendations, they are always biased!

Asperger1, yes the balance sheet should be sound with no dividend paid!

I expect it’s much the same as everyone else’s reply:

Classification: Limited

Dear Mr Walker

Thank you for your recent email. I have been asked to reply on behalf of the Group. Please let me assure you that we are aware of shareholder concerns regarding the cancellation of the dividend and fully understand your disappointment about the impact that the impact that this may have on your personal finances.

This was not an easy decision for the Board to make, and they were very conscious of the importance of dividends to many individual shareholders like yourself. However, given the bank’s critical role in supporting the economy – and individual businesses and consumers - through this difficult COVID-19 pandemic, this had to be balanced against ensuring we retained enough capital in the bank to support us in that role.
It was against those considerations, and in response to a request from our regulator, the Prudential Regulation Authority (PRA), that the Board agreed to preserve capital by cancelling payment of the final 2019 dividend in relation to ordinary shares.

In addition, as set out in the letter to shareholders of 3 April, the Board decided that it was appropriate for the Group to make no quarterly or interim dividend payments, accrual of dividends, or share buybacks on ordinary shares until the end of 2020 when the position will hopefully be clearer.

At this stage it is difficult to forecast how events may turn out, but I can assure you that the Board will review the situation at the end of 2020 and take a view on our level of capital and capacity to pay dividends at that time.

While the Board recognises that the cancellation of this dividend will be disappointing to shareholders, we hope you will understand why it was appropriate to agree to this in the current exceptional circumstances.
While we expect that the months ahead will be exceptionally challenging for businesses and households across the UK, we remain focused on our purpose of Helping Britain Prosper. We are supporting customers with a raft of measures to help minimise the financial impact of the global pandemic on households, businesses, and communities. Further details of these measures, which include £500 interest free overdrafts, mortgage payment holidays, and other practical help, are available on the Group’s website at https://www.lloydsbankinggroup.com/Media/coronavirus/support-for-customers-impacted-by-coronavirus-covid-192/. Please do contact us via the links provided there if you have specific concerns you would like to discuss.

I trust that I have addressed the points raised by you. I would like to thank you for your understanding as we all work together to keep our families safe and support our customers, colleagues, and you, our shareholders.

Kind Regards


Kate Cheetham
Company Secretary

I was going to top up with Lloys this morning, logged in to my share account with the express purpose of buying Lloy shares, changed my mind at the last minute and bought Cna, time will tell if I was right or wrong, got too many Lloys , I need to get off this crack cocaine share!

Richard, yes I remember that pain, I think my mortgage was 16%, had to take on a second job to keep afloat!

Richard, people taking mortgage breaks will spend the mortgage cash on holidays and cars, remember the days of remortgaging when it was common for people to do this?

Richard, this is very strange considering Lloys price is super sensitive to world news, I’d someone sneezes in Manchester it goes down a penny.

Just looked at my share dealing account, total carnage but on the bright side Halifax has a slot for trading in the early afternoon at a very cheap rate. I might save seven pounds or so! Lol

Or all the posts have been deleted, must go for a 30 mile drive to test my eyes!

Jamesroo, yes “cash is King”, it’s only through my own greed that I have lost money here, I had enough for my retirement but couldn’t resist trying for a bit more. I blame myself here. I could have cashed in long ago. Just too greedy.

For last years Chelsea Show which are marked “Unlawful possession is theft”, Picture in the Daily Fail, did her publicity team not spot this. What will the Queen say! Off with her head ! Lol

You can tell where Pippa’s shares are. Get a grip Pippa, you are in the dark ages!

In the U.K. Marks and Spencer ended its contract with Daks in 2001, Daks made quality clothing in the UK, I know I wore it, bought from M&S! The quality was outstanding, Daks has three Royal crests! We can do it.

SALES from privately owned clothing manufacturer and retailer Daks Simpson fell 29% to £45.4m in the year to 31 January following the loss of its contract to supply Marks & Spencer with men's suits, jackets and trousers.

The sales fall and the costs of closing one of its two Scottish factories pushed the group into £1.8m pre-tax losses after a £15.9m profit last time, which came largely from the sale of its Simpson store in London's Piccadilly. At the operating level losses reduced from £4.33m to £1.9m.

Jamesroo, as always you hit the nail right on the head, especially with the last sentence regarding buybacks, it would be hilarious if Lloyds used our dividends for buybacks !

Rosewall, most people recover from Cov19 and go on to lead normal healthy lives. We have to take for granted that those who have had the virus will have some immunity otherwise it is pointless seeking a vaccine. We must stop being terrified by the tabloid press, we must practice good health and look after ourselves don’t let the monster in, put up a fight, be healthy!

It is up to ever to look after themselves.

LONDON (Reuters) - Dogs’ ability to sniff out whether people are infected with COVID-19 will be put to the test by British researchers, in a bid to develop a fast, non-invasive means of detecting the disease.

Britain’s government said on Saturday it had given 500,000 pounds ($606,000) towards the research, which will be conducted by the London School of Hygiene and Tropical Medicine, Durham University and a British charity, Medical Detection Dogs.

“Bio-detection dogs already detect specific cancers and we believe this innovation might provide speedy results as part of our wider testing strategy,” innovation minister James Bethell said.

Six dogs - labradors and ****er spaniels - will be given samples of the odour of COVID-19 patients from London hospitals, and taught to distinguish their smell from that of people who are not infected.

Medical Detection Dogs said it had previously trained dogs to detect certain cancers, Parkinson’s disease and malaria.

If successful, an individual dog could check up to 250 people an hour and be used in public spaces and at airports.

I forget to mention their names are Boris and Nicola. Honestly.

I am off up to the farm to feed the donkeys some carrots, ultimately more satisfying than watching Lloy, the female is in foal, expected February 2021.

Have a good day.

Sufcessex, you have been betting on this plodder since time began, you have lost so much money that you must be crying into your cornflakes every morning. You will never change tack, you are too attached to this share for your own good. Give yourself a break.