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Started this fantasy portfolio in 2016 to challenge various poster's perception that lloy is 'the worst share ever', 'better else where' or a 'dire share',
8th Oct 2016 I invited wl/newchurch to choose an alternative ftse 100 company, so I could run a comparison, since 2016 others have been added
~~~ On 8th Oct 2016 - - 1000 quid bought 206 BP. shares & 1905 lloy shares
Today's value, BP. 206@499 =£1028 v lloy 1905@52 =£991
~~~ In April 2017 invest4life suggested I add glencore - - on 22-4-17 - 1000 quid bought 335 glen shares & 1553 lloy shares
Today's value, glen 335@429 =£1437 v lloy 1553@52 =£808
~~~ In July 2017 nucky suggested I add rbs/natwest - - on 12-7-17 1000 quid bought 384 NWG & 1512 Lloy
Today's value, NWG 384@261 =£1002 v Lloy 1512@52 =£786
~~~ In July 2017 utrickytrees asked that I add barc - - on 30-7-17 1000 quid bought 479 barc & 1504 lloy
Today's value barc 479@181 =£867 v lloy 1504@52 = £782
~~~ In Sept 2018 motley fool recommended diageo over lloyds - - on 9-9-18 1000 quid bought 37.3 DGE & 1704 lloy
Today's value, DGE 37.3@2901 =£1082 v lloy 1704@52 =£886
~~~ In April 2020 theosus asked that I add circassia - - on 14-4-20 £1000 bought 3891 cir/niox & 3058 lloy
Today's value, niox 3891@66 =£2568 v lloy 3058@52 =£1590
~~~ In April 2020 theboard asked that I add rollsroyce - - on 25-4-20 £1000 bought 322 RR. (post 10for3ri 1073) & 3367 lloy
Today's value, RR. 1073@420 =£4507 v lloy 3367@52 =£1751
~~~ This week's observation - Uppy week for bank(but new gaps), Russia/Ukraine/Israel/Hamas hostilities rattle on - cost of living continues to bite, strikes strikes strikes, same old same old lol
A very basic comparison that does not include divi yield, IMO those still suggesting lloy is 'the worst share ever' or a 'dire share' should maybe consider premium bonds?
~~~ 1st real deal, 30-3-20 i bought 15,000 lloy @ 33.606 = £5040
Current value - lloy 15000 @52 = £7800 = +55% over ~48 months
~~~ 2nd real deal, 4-3-22 i bought 8,500 lloy @ 44 = £3740
Current value - lloy 8500 @52 = £4420 = +18% over ~24 months
~~~ 3rd real deal, 13-6-22 i bought 11,500 lloy @ 42.66 = £4940
Current value - lloy 11500 @52 = £5980 = +21% over ~21 months
~~~ 5th real deal, 4-5-23 i bought 30,000 lloy @ 46.24 = £13872
Current value - lloy 30,000 @52 = £15600 = +12% over ~42wks
~~~4th & 6th real deals sold at profit - details in previous posts ~~~
~~~ 7th real deal, 3-10-23 i bought 25,000 lloy@42.9 = £10725
Current value - lloy 25,000@52 = £13000 = +21% over ~25wk
~~~ 8th real deal, 20-10-23 i bought 28,000 lloy@41.8 = £11700
Current value - lloy 28,000@52 = £14560 = +24% in ~21wk
~~~ 9th real deal, 27-11-23 i bought 10,000 lloy@42.3 = £4229
Current value - lloy 10,000@52 = £5200 = +23.% in 16wk
Hopefully Sadiq Khan gets absolutely roasted in Elections. ULEZ overturned will be another great event, hopefully. Maybe Tommy R will consider joining Reform Party soon?
What’s the date STP stops posting, LLOY BB will be reasonably pleasant to visit again then.
I’ll even smile when reading LTI’s 🐶 💩 when that happens.
The case for Special divi's
Thanks to the buyback program, Share in circulation has dropped below 63.5bn
2023 final 1.84 + 2024 interim 0.92 = total 2.76p x ~63.5bn = ~£1.75bn
2024 = Buyback £2bn
£1.75bn divis + £2bn buybacks = ~£3.75bn
Lloy 2023 Post Tax Profit ~£5.5bn
C'mon Lloy - it's time to address the Divi v Buybacks imbalance - Restart the 'Special Divi's'
the great news is that we have no shortage of ***s & fruits in the uk
Please add date for imminent implosion of tories....
Key dates over the coming weeks/months -
Lloy Ex Divi - 11th April
Lloy Q1 - 24th April
Local elections - 2nd May
London Mayor election - 2nd May
Lloy AGM - 16th May
Lloy divi pay day - 21st May
Lloy H1 results - 25th July
Lloy interim pay day - Sept?
Lloy Q3 - 23rd Oct
US election - 5th Nov
UK GE - Jan 2025?
Labours Economic Collapse 2029?
Lloy 51.3p gap closed, new gap @253.8p on NWG
Gap watch Lloy - Current SP - 52.18p
20th-21st Mar 24 - 50.23p
9th-10th Mar 23 - 51.3p - closed
21st-24th Feb 20 - 55.17p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
~~~~~~~
Gap watch Barc - Current SP - 180.8p
2nd-3rd Nov 23 - 133.4p
19th-20th Feb 24 - 150.46p
20th-21st Mar 23 - 175.98p
9th-10th Feb 23 - 189.56p
11th-12th Aug 15 - 278p
~~~~~~~
Gap watch NWG - Current SP - 261.1p
2nd-3rd Nov 23 - 182.35p
20th-21st Mar 23 - 246.6p
13th-14th March 24 - 250.6p
21st-22nd March 24 - 253.8p New gap
9th-10th Mar 23 - 289.9p
23rd-24th Feb 11 - 471p
11th-12th Dec 08 - 648p
Based on LSE tech chart --- https://www.investopedia.com/articles/trading/05/playinggaps.asp --- https://allstarcharts.com/gaps-need-filled/
115 Dead
And we're letting in 500 a day. We'll done Tories
93 Dead in Russia
Nuclear getting nearer, buy corned beef, Jim beam, f,@gs, fruit & nut sticky chocolate pudd
Thanks hard!!
The increases in dividend really look good, shame there's no share price projections? as if the share price increases by the same amounts and as a percentage of the share price it will be a very profitable few years.
Funny, I never saw fish with a pair of ba115, but I guess they have them tucked away somewhere.
There are a few on here, that go a bit funny in the spring also, and others quite simply peculiar all year round.
Twas Teasing.
Bob turns into a Rapist in the spring, & he ain't fussy. He won't feed when his B@lls are full.
Hardup, I do not invest my valuable time in non value added activities!
Lloyds is a part of my pension.
I am a long-term lloyds shareholder.
Got it yet, or are you as dumb as LTI?
Hardup, now you are becoming tedious!
I am invested in lloyds, which is one of several banks I hold stocks in.
There we go now.
Very happy with rises this week.
Have a nice day
STP......"Give it a break hardup! It is the weekend!"
I was replying to on topic questions from other members of the board. This is what the BB is for, on topic discussion. You say you are invested in several other banks? Yet looking at your posting history you do not post anything at all on any other share board, let alone banks! Why is that? Why do you only post on the Lloyds BB? You are a liar, we all know you are not invested here or any other bank.
Stick the crisis in the CAR, unless they have oil, gas, natural resources or a strategic geopolitical location.
That is the way western power think, isn't it?
Did you ever think about getting a mate for Bob, or would Bob try to eat any new incumbent?
Sticky
What do you think of the Economic Crisis in the Central African Republic ?
Give it a break hardup!
It is the weekend!
Let you hair down.
Do something wild.
MP0818.....Once the share price falls back into line with the algorithm defined parameters of the SMA share price it will start trading again. The only other restriction on trading is set by the FCA. The maximum amount of shares that can be purchased daily during a buyback is 25% of the average daily volume of the shares in any one day of either:
" The average daily volume figure must be based on the average daily volume traded in the month preceding the month of public disclosure of that programme and fixed on that basis for the authorised period of the programme."
or
"Where the programme makes no reference to that volume, the average daily volume figure must be based on the average daily volume traded in the 20 trading days preceding the date of purchase."
https://www.handbook.fca.org.uk/handbook/MAR/1/Annex1.html?date=2016-03-07
"Apologies to the majority of members going off topic here. ;)"
Don't worry, we are bored talking about lloyds, any old topic will do.
Fine day here.
Hardup
Your thoughts appreciated. My view, which I posted after the buyback was announced is that this time the shares appear to be in ‘stickier hands’
There is no way the low average of last time is going to be achieved by the algos. I feel the the ‘city’ is more confident around the UK banking sector now as loan defaults look less likely with some institutions increasing their holdings by 20% on average. Also world conflicts will sustain inflationary pressure which will result in interest rates being above the historical lows of the last decade.
Not always a fan of buybacks, particularly when it comes to Lloy but I think on this occasion it was the right strategy.
Apologies to the majority of members going off topic here. ;)
Hardup - thanks - does that mean then, that if the SP took a significant dip they would accelerate the process?
MP0818......One of the parameters of the algorithm that controls the buyback is if the share price goes more than a certain percentage above the rolling moving average share price over a defined number of days the algorithm will step back from trading.
Seany,
The dividend forecasts are in the analysts pre results forecasts which are usually released by Lloyds 2 - 3 weeks before results are released. You will find the analysts dividend forecasts going forward on page 2..........."Ordinary dividend per share (p)".
https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2023/q4/2023-lbg-fy-consensus.pdf
LBG have a dividend projector in there forecasts, do you know where to find it?