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FTSE100 🔺 0.9%
https://www.ig.com/uk/indices/markets-indices/ftse-100
https://www.baha.com/Europe-green-premarket-with-PMI-data-in-focus/news/details/62149105?internal=1
‼️A CRACKING START‼️
PLUS
A ECB RATE CUT later this week 99% nailed on.
Where, "Lloyds share price will be at the end of 2024?"
https://www.msn.com/en-gb/money/other/here-s-where-i-think-the-lloyds-share-price-will-be-at-the-end-of-2024/ar-BB1ntgRg
Market cap is still at a well undervalued level- glad that I have taken full advantage of the very low valuations in recent years with a number of purchases.
Flec
you first distrupt the NG board, talking about BT and Lloyds, and now you are on the Lloyds board making references to NG.
ffs get your head in order.
Flec
ffs
''National Grid also has enormous long-term earnings potential as the decarbonisation of the power grid rolls along.
Under its 2024-2029 investment plan, the company intends to grow its asset base at a compound annual rate of 10%. It is confident that underlying earnings per share will rise between 6% and 8% annually as a result.
This could provide the bedrock for National Grid to continue paying a large and increasing dividend to its shareholders. The company already has a strong record of long-term dividend growth, as the chart below shows.''
https://www.fool.co.uk/2024/05/28/are-national-grid-shares-now-a-brilliant-bargain/
"You need to look at their dividend paying history"
Time will tell.
Flec
''which suggests the dividend rebase was due to Covid''
you really must try to think before posting -
yes because of oovid 19 - No pandemic, no cut.
You must learn to read . The dividend could have resumed higher, but I have already said - the market does not like a dividend cut.
''reinforces my point that NG's dividend isn't necessarily safe either.''
the re based per share dividend is very safe and will be progressed. You need to look at their dividend paying history
But you said "Was you aware of a global pandemic in 2020, when there had to be a reset", which suggests the dividend rebase was due to Covid; So now you're saying that Lloyds didn't have to rebase the dividend? It's hardly a progressive dividend policy if they reduce the dividend, wouldn't you agree? It also reinforces my point that NG's dividend isn't necessarily safe either.
Flec
''what difference does it make why I do them?''
it is always good for others to know your motives - btw it should be - You started your charts as part of your anti buyback/staff schemes stance.
''can you explain your reasoning as to why Lloyds had to rebase the dividend at a lower level ''
there is NO 'had to'. A new CEO, with economic uncertainty (Covid hit) at the stage of dividend resumption - a decision was made that a long term benefit for shareholders would be achieved with the purchase of shares at a lower valuation than that of pre covid 19, with the budget slightly increased from that set by AHO.. The market does not like dividend cuts, so a new progressive policy was put in place at a level that would make a dividend cut unlikely. As a result of these decisions, long term holders will eventually expect to receive greater dividend returns in the future than otherwise would have been the case. Lloyds has also made business investment and made pension fund contributions.
"Flec
You started your charts as part of your anti buyback stance - that was clear for all but the dumb to work out"
LTI
I don't see the relevance of that, the charts are correct based on the monthly voting rights RNS's, what difference does it make why I do them?
In another thread you suggested Lloyds were correct in reducing the dividend due to Covid, the words you used were, "Was you aware of a global pandemic in 2020, when there had to be a reset", can you explain your reasoning as to why Lloyds had to rebase the dividend at a lower level post Covid? Although I agree that the dividend suspension was warranted in view of the large impairment charge during the pandemic, I'm curious why you think they were correct in reinstating the dividend at a much lower level?
WW, You still up, jeez some parents eh!
DYOR
I think my parting with £300 after the close on the last trading day of this year comes into the category of a long shot.
Is 80p over optimistic for end of year! Respect to all black horse followers but the old nag is on a sprint!! Keep the faith!
Gun
''the MCAP should be by the default alter.''
??
The market capitalisation is determined by the stock market during the course of every single trading day.
The shares in issue on which the market can evaluate the worth of Lloyds banking group is a known factor at the start of each trading day.
LTI
As we are knowing the MCAP is simply the number of shares x the price per share . It is not the fixed figure...so if you are diluting the float by creating more shares or reducing via say the buyback then the MCAP should be by the default alter. But we are see other factors they also come into play ...
MCAP it determines the size of the company..
Dart Trader, you must have been on the wacky backy as you are being more unreasonable than usual.
Gun
''So when the Lloyds start creating more shares for thing like the incentive scheme. ?''
It looks like you forgot to finish a question.
Any new shares that staff purchase or receive instead of cash will at the appropriate time have voting rights. The number of shares with voting rights is given each month on an RNS.
Hardup
CSN : No idea. Personally i'll start unloading a few more Lloyds hopefully morrow or the next. Once a month i take a transfer of cash out the market.
WW "it’s not your board to police, we have lti for that duty."
😂👮😂 Hypocrite
DYOR
Darth trader, I take it you are now in charge of this board, when were you appointed to this new position and was it a unanimous vote by the rest of the posters and readers, I must have missed the announcement of your new position! 😂
HU,
Just ask your question in that BB.
DYOR
WW, do one...
DYIR
darthtrader, you are being *********, i was interested in any reply’s that hardup may have received here, it’s not your board to police, we have lti for that duty.
LTI
So when the Lloyds start creating more shares for thing like the incentive scheme. ?
Be due the next block listing six monthly return in a month or so.. Last one was showing 148,440,747 under the Lloyds Banking Group Sharesave Scheme
DT
That's twice you have posted that link?