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STP
“when you realise that I have a much wider portfolio of shares than you hold.”
You have no idea how many investments, sectors and companies I hold. But when you post here that you “have a few miners” it just smacks of 🐂💩.
So when your reply didn't, or more likely couldn't expand on “a few” that too smacks of 🐂💩.
You could have said… I prefer not to say, but instead boasted about “a much wider portfolio of shares,” we can all smell more 🐂💩.
I'm sure some contributors on this BB are genuine and therefore believable but nobody will believe you no matter what you post.
I should add, no chance with a labour government in fact 1% is more likely.
Proactive Investors - Britain should stop taxing people for trading shares if it wants to help reignite its stock market, the chief executive of Sky Bet owner Flutter Entertainment PLC (LON:FLTRF) said.
Peter Jackson, the CEO of Flutter, argued the removal of the 0.5% stamp duty tethered on when buying shares could help the LSE grow, having recently faced an exodus of companies either being taken private or moving countries.
Flutter itself is one of the departing companies, with its shareholders having voted to move its primary listing to the US, citing the success of its Stateside sportsbook FanDuel and improved valuations as the reasons.
“There’s a simple change which the Government could make which will be to abolish stamp duty on share trading, which I think would have a big impact on the volume of shares that are traded,” Jackson argued.
Countries like Germany, Australia and the US don’t charge investors stamp duty to buy stocks and both Spain and France only charge fees for companies worth more than €1 billion.
Hopefully Lloyds breaks out now and cracks the 55p+ range been sticking around this level long enough...
Ain't No Stopping Us Now
Lets close that 55+ gap getting ever closer. :-)
A1
more realistic expectations are better to avoid disappointment , but I wouldn't complain with Lloyds maintaining profitability and at the same time having ever decreasing market caps to make your dreams of share reductions a reality.
''Looks like a gd day to pick up a few MARS''
is it? - time will tell - currently given up a little of a weeks big gain on results day.
More than happy to have made a sub 27p purchase on 4th April
LTI - Lloy Buybacks - just an attempt to adjust expectations - the trick is to live long enough to reap the benefit
Looks like a gd day to pick up a few MARS
A1
''Total voting rights projection?''
plucked out of thin air, which by the looks of it would required an extremely low and increasingly so Lloyds market valuation.
I have already mentioned - buybacks should in future be looked at in terms of the percentage of shares in issue at the start of a programme that have been managed to be purchased and cancelled .
I would suggest that a 6% figure would be a good result for long term shareholders.
There is no reason to expect that buybacks will always be a priority - that would be determined by the BOD's view as to whether they still represent an investment in assets at very attractive (undervalued) levels or not.
DCB
after many years, now claiming to be an extensive shareholder - good for a laugh.
Probably trying to keep his 131st ID. going
Asp, Can you calculate the projected share price against each of the projected voting rights?
Give it a go anyone?
DCB
''Scottish whiskey''
showing his Irishness
Total voting rights projection? - It's might take a while . . .
Feb 2023 67.4bn
Feb 2024 64bn (-3.4bn)
Feb 2025 60bn? (-4bn)
Feb 2026 55bn? (-5bn)
Feb 2027 50bn? (-5bn)
Feb 2028 45bn? (-5nb)
Feb 2029 40bn? (-5bn)
Feb 2030 35bn? (-5bn)
Etc etc
TFE, I guess it must be a bit of bitter pill to swallow, when you realise that I have a much wider portfolio of shares than you hold. I have been prudent over the years and put money aside to fund my retirement.
ATB
Cost of living itself would drive £16 bottle up to £19 in one year.. keep going COL.. keep going Inflation... 😃
NC
re your post at 8:38
all of it is complete nonsense.
A share buyback has NOTHING to do with what the market values Lloyds banking group at - currently about £34.2 Billion.
MS buying some shares each day is no different to any other purchaser of shares. The level at which shares are willing to be exchanged at, will be found no matter who the seller and purchaser are. The average volume of trades during normal trading hours has not increased as a result of one particular purchaser.
The price per share during and after a buyback programme will be determined as always by what the market values Lloyds at.
As I have already mentioned the Market put a value of about £60 Billion on Lloyds in January 2014.
STP.
“I do have a few miners”
A few? How many is a few?
Must be too many to count. Quite the prolific investor, I wonder why you keep changing you handle on this site.
Gold does not pay a dividend...
Why not go for gold miners instead..!
I do have a few miners, but they have been a bit of a roller coaster.
“however there's a possibility the ECB may cut 6th June”
88
On may the 8th ECB’s Dr Joachim Nagel wrote about reducing interest rates while inflation is still a threat, adding we should not allow this risk to materialise.
Then on May the 9th we have Pierre Wunsch (ECB) saying it's possible to reduce rates even with some uncertainty about the inflation trajectory.
14rh May we have ECB insider David Warwick saying even a very poor inflation reading this month would not necessary derail a rate cut.
They all just like to jump on the banner making headlines. It's the same every time the rate adjustment date approaches.
It's not that it's a matter of life and death, but they all seem to treat it like it is.
https://www.econostream-media.com/
I could not believe the furlough scheme. It was not policed and they threw money at people like confetti. It was a joke. Everyone had their snouts in the trough. Then chickens came home to roost!!
Proper12 is the one STP. Maybe pour a glass whilst you embark on your journey of learning economics. My advice, start with Thomas Sowell: Basic Economics. But yeah, the whisky will help, it might turn the wheels so to speak. Let me know how it goes.
I inherited some top notch Scottish whiskey there last year.
Opened some of it and tried it.
I drank it under protest as it was a bit smoked for my liking.
I prefer the Irish pure drop, that is triple distilled, than that lower quality Scottish, that is only distilled twice.
Notwithstanding, I will not be investing in Whiskey. I will stick to shares, thankyou.
I have in my collection a 1990s bottle of southern comfort(I know it's not exactly whisky( Retailed at at around £20 34years later valued at £360 simply because they changed the design of the bottle. The trouble with whisky is it doesn't store well in your gut :)
""Idiots think that the share price will magically rise at the end of the buyback period"
Well the share price did rise after the 2022 and 2023 buybacks. The 2022 buyback finished on 11th October and the share price that day was 41.5p. The 2023 buyback finished on 25th August and the share price that day was 42.1p.
All..last weeks news..keep up lol....however there's a possibility the ECB may cut 6th June..
Institutional investors are the "most bullish" since November 2021, according to Bank of America's monthly fund manager survey.
The reason for this optimism is more to do with expectations over interest rate cuts rather than corporate earnings.
More than eight out of 10 (82%) of the fund managers expect the first interest rate cut by the Federal Reserve in the second half of this year, according to the survey, which polled global money managers with a combined $562 billion in asset under management.
https://www.proactiveinvestors.co.uk/companies/news/1047495/investor-bullishness-rises-to-highest-in-two-and-half-years-1047495.html