Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Is it accurate that the dividend is covered x2 ? I cant seem to find the latest data. Thanks.
By what reasoning theosus
My conscience is clear Snige - worked hard, employed other, saved for my old age - I can hold my head up high
A lot of the older generation bought shares in Banks, Oil companies and Insurance companies because they were being thrifty and had always saved when they could. The shares were not seen as risky and the dividend gave them a little boost when their pension income was less than adequate. Many of my elderly aunts and uncles had small holdings of shares amassed over the years and the collective dividend did make a difference. They wouldn't have been able to tell you what "risk" meant because in their minds these were safe large companies that provided them with something better than a Building Society.
Asp.
Be it on your own conscience, if its not going to change your life why are you claiming it?
£1.9bn in benefits was underpaid in 2017,do something amazing.
Good post 2pounds for all. Plus a fiver 2 see the doctor.
Snige - just image how much of a burden I will be when my state pension kicks in - paid in all my working life - it's owed to me :-)
Richard,
With the bonuses, its more of making a statement/gesture at this time imo.
Either give them up, or donate to assist with the current situation.
When many folk are unable to work right now, or having to take pay cuts and will be struggling, bonuses for the top dogs just seems obscene and immoral.
The divi is a difficult one. If they can afford it, and it will not disrupt the business, then it should be down to the company/shareholder and not outside pressure
Woodford was warned about his risky business model open-ended investment people could withdraw funds without notice and his big holding in small rarely traded companies was insane he done himself no favours for sure. Buying Lloyds share for the long run at these prices is not gambling full stop.
Noooo - Levis,
I need my divi, I'm as much, if not more entitled to it that those being bailed out by the gov !!! IMO those arguing against are just jealous, bitter and twisted
Lloyds is a private business, it's financial strong, shouldn't be going cap in hand to the gov this time, I'm sure Lloy will continue to play it's part in helping the economy to recover and thrive, but what it does with it's profits is the business of Lloyds and it's shareholders and no one else!!!
Asp.
Prescription drugs cost the NHS £17.4bn in 2017 and therefore you are part of the burden no different from any other benefit claimant.
We need to be less reliant on drugs.
It's an interesting thought to cut bonuses which must in total be worth approaching £500 Million. The final dividend cost is around £1.6 Billion, the cancelled buy back is worth around £600 Million and the money still to be paid out for ppi must be in the region of £1.3 to £1.5 Billion.
Asperger - just because pension funds invest in the stock market doesn't give the process credibility, does it?
The bottom line is:
stock market = gambling. Ask Neil woodford!!!
I know 'we all do it' (like taking out long term debt, called mortgages) but one shouldn't be shocked or surprised when the wheel falls off.
It's a risk...plan for it.
Divi should be cut IMO:
Money better spent elsewhere. Needs must etc etc....
Apologies, posted before finished typing.
Top brass voluntarily foregoing bonuses at this time, better PR, especially when so many rely on divi to top up any incomes
Would much prefer the 'top brass' (not the real workers), forego their big pay rises and multi-million bonuses at this time, than cut dividend, would be a much better show of
Zoros - Think you'll find most pensions are stock market based - divi yield is important for pensioners - find it strange that some wish to argue against - some form of jealously I wonder?
Let a face it Lloyd's will be criticised not matter what it does with the divi,but if it is financially strong enough then the divi should be paid ,that's business
It's a point I've made myself, Asperger. A lot of elderly people have assorted holdings of shares they rely upon for the dividends to boost modest pension incomes. Yes, they can sell shares at deflated values that they'll never be able to replace, but people can also use overdraft facilities to provide a bridge during this period. Hopefully, a minority of people are finally realising how deadly this invisible killer really is and are using common sense as they go about their changed daily routines. The more we abide and follow common sense the sooner we'll see normality return.
Divi...what divi. Of course the divi will be cancelled. What possible reason does any bank have in these very demanding times, to pay surplus cash out to those who already have enough.
And don't give me that clap trap that you have to live off divis. If you plan to live off divis you have already lost the plot because the stock market is one massive gamble (as we are seeing today) and for anyone to base their livelihood on the spin of a wheel............FFS.
Trump - who in God's name believes in anything beaver head says or does. The man is ethically corrupt, a bankrupt, a mysoginist, a racist, inept, incorrigible......April 12th...go figure:
https://www.vanityfair.com/news/2020/03/donald-trump-coronavirus-easter
I agree with your burdening the state post A1. I hope you get your divis. I hope I’m back in Lloyds before then and the c19 problem has gone too. Trump says by Easter ... so who knows!
Your right Snige - the only state freebee I've ever claimed was when I qualified for free prescriptions a few years back
Faulkes - IMO there are 2x types of people in the world - those that work hard and save so they are comfortable, safe and never a burden on the state (or anyone else) . . . and those that don't
Asp,
" I wouldn't want to become a burden on the state - they have enough on their plate bailing out the workers"
According to Sunak they are standing behind business so they can stand behind the workers, the bailing is to business.
Secondly I cannot believe an intelligent person like yourself wouldn't have sufficient savings for a rainy day or another 10yrs of Conservatism.
Good set of figures thanks A1