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BB
''1 in 5 might not be the worst of ideas??''
I am not saying that there is a reason for a consolidation not to be made,
but I am saying It makes no difference and serves no purpose apart from,I repeat, the BOD wanting a 'heavier' looking share price.
I would prefer the share price to get back to 3 figures by means of a continuing good company performance and market recognition of that.
D (for Dunce)
Cutting the number of shares, does not cut the number of shareholders.
Definitely one for the remedial class.
D (for dunce)
Maybe you think that millions won't be able to afford to buy a share for £6, but easily afford 10 shares at 60p.
D (for Dunce)
You must be one of the very few in this world that believe having a consolidation would get rid of shareholders from the register.
Maybe you think that there are hundreds of thousands of shareholders with less than 10 shares.
D (for Dunce)
Did you keep previous user name/s ?
If not ,it is alarming that there is at least one more Dunce
D ( for Dunce)
This is not your first ID is it. People are not in you category.
D ( for Dunce)
This is not your first ID is it. People are not in your category.
D
How many shareholders were on the register when Halifax was over 1,100p per share?
D
Nothing you have posted so far has common sense.
''A significant number could be removed with consolidation.''
I don't think anyone would believe that the number of people holding less than 10 shares (£6 worth) is significant.
What about a 1 for 1,000 consolidation, that may please you?
Halifax/BOS had at one time over 7 million shareholders, and the share price wasn't 58p.
To quote Antonio ... " The share price should grow organically " .....Lets face it a share consolidation is an admission of defeat by management
If you believe in Lloyds ( like management do ) then the share price should grow over time . A consolidation in my opinion serves absolutely no purpose .
The share price performance has been absolutely appaling over the last few yrs ...no argeiment about it - its been shocking . Now you can PPI & Brexit etc ..but for god sake Antonio speak as though you mean it , & believe in it , & have some passion
Antonio safe pair of hands and all that but we need more than that after the last 5-6 yrs or so
Oakie
Can't really agree with that Oakie. Lloyds is basically a public utility although not nationalised. It provides a valuable service to many miilions of us and all we need besides that is regular acceptable return on our investment - where else would you get 5% or so on a regular basis from a safe and easily liquidated investment?
Damper
U really are a thicko
U make the point several times that a consolidation would remove shareholders from the register?
I guess u got an f in maths - that u did not study science - matter can not be created or destroyed - no longer valid - and refuse to read the comments posted.
U must be a snowflake!
Here's the thing & getting right to the problem with Lloyds ...
When Lloyds has a decent rise - why cant it hold it ? It cant hold because everyone sells into knowing full well it will drop again ...its a self fulfilling prophecy .
What needs to happen is that people become afraid to sell for fear that it will keep raising & they cannot buy back in again cheaper .
Now how we get the stage that Lloyds stops been a traders share ...there is no quick answer to that . It has been a trading share for the last decade . Now , okay the divi is good but about the share price performance ? Its no good you talking about the divi if the share price is the same as was 10yrs ago - thats only good for new investors .
Im afraid this year will be another dreadful year for the share price , another one wasted . The only hope is that the trade deals get done & brexit is very good for th UK .
I am a LTH holder who also has a trading tranche - & as long as it remains a traders share I will continue to trade it .
Oakie
The Lloyds share price will continue to disappoint LTH’s at these sort of levels. Just look at the number of bargains each day. Today there were just under 14,000, it’s an excellent trading share with a spare 5/15k any amateur traded can nip in and out several times a month and make a quick 100/300 quid.
With the move to quarterly divi’s the company should do a 1 for 10 consolidation With the sp at £5.50/£6.50 amateur traders would move on to other targets and there then may be a growth opportunity for the sp.
MP
''With the sp at £5.50/£6.50 amateur traders would move on to other targets and there then may be a growth opportunity for the sp.''
Have you not been reading?
So tiny 'amateur traders' who are so powerful as to stop the share price from rising would move onto another share to stop that share from rising, all because these powerful amateurs cannot afford to pay £6 for a share?.
Far too many about lacking in grey matter.
MP
What I suggest you and OAK do is become a powerful 'amateur trader'.
You would make an endless amount of money wouldn't you?
longtimeinvestor...no need to be an ar@se-h0le .....try and keep it civilized -
Oak
So my post is not civilised because you don't like nonsense being cut down.
hello longtimeinvestor your being an ar@se-h0le again ......
OAK
So I'm an ******** because you don't like nonsense being pointed out.
Good post JL. Matter/Energy was somehow created at the big bang though. Something physicists given the laws of physics believe nothing to be inherently unstable hence the big bang became inevitable. Whatever it was it was a good day for all of us.
Come on boys there's only one way to sort this out. ..FIGHT!
It's about time the board had a few more people of intelligence.
I am clearly wasting my time.
Lti we are only alive 700000 hours use your time wisely.