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S123
Yes , the loan was written down. The amount now expected to be returned will exceed the write down amount.
The market is aware of events.
LTI, if its been written down there will be an element of write back!
Hard, I believe its an Hbos loan? I would be amazed if it didn't have a provision of some out against it otherwise its a big hit if it went pop in one go. Think about the provisioning for mortgage arrears this year against a £400b mortgage book, £1.3B provision or around that amount.. The telegraph loan is massive and would be provided for somewhere and its a very old loan..
Seany
Nothing has been agreed yet as far as I am aware? And if Lloyds do accept Barclays revised offer, will it actually be an extra £1.16B cash for the balance sheet? Or is it already itemised in the accounts of the loan book as an outstanding loan? Or is it a loan that had previously been written off as a loss?
S123
''£1.16B dropping straight on to the bottom line''
Lloyds I believe had only written it down in the books.
What other stock/share would react negatively to £1.16B dropping straight on to the bottom line, 1.3p dividend if I'm not mistaken!?
What's the chances of that being paid on top of the progressive dividend policy in May 2024? three guesses?
Cas
are you really that stupid?
if you come out with nonsense and a question is asked in response to that nonsense, and is then ignored, then you should expect that question to be asked again. You could prevent that by admitting you made a nonsense statement in the first place.
''Your fantasy estimates are just that, Fantasy.''
what fantasy estimates would they be?
See below , below , below...........
LTI
I would rather a much higher SP but if it stayed like this for however long then I would still earn well on the Divis so not overly concerned
GP
Wow, they do exist - someone with a bit of optimism for what they hope for.
Personally though, I am completely not bothered if the share price remained as it is for the next several years. A £3 Billion 2024 buyback at an average 45p would do just fine
Cas
''''Your fantasy estimates are just that, Fantasy.''
I repeat what fantasy estimates would they be?
just answer the question
SP was less than this this time last year then we hit the heights of 54p by Feb this year.
Hoping for a rinse and repeat come early next year
LTI
What is the psychological term for repeating?
Maladaptive behavior that repeats, typically known as repetition compulsion, is one of the primary reasons that people seek psychotherapy. However, even with psychotherapeutic advances it continues to be extremely difficult to treat.
You're right billions not millions. Your share group made a wise decision to get out of Lloyds; something I've been wanting to do for years but frightened to turn the paper loss into a real loss. Because i've held Lloyds for years and for my sins added to them I've fallen into the trap of becoming 'emotionally' involved and have lived under the illusion that they 'MUST' regain their former glory. I'm realising, not in my lifetime. No fool like an old fool. I wonder how many more there are like me out there. Time to grasp the nettle?
So predictable - the usual suspects come out of the woodwork every time the Lloyds share price goes down a little and start moaning yet again on the nonsense loop.
What I will say to you people is that share investments are not for you
Casp
what calculation was that of mine?
''Your fantasy estimates are just that, Fantasy.''
what fantasy estimates would they be?
Who is going to ask the questions directly to the SMT/bank then? in stead of moaning on this board? more the merrier!!
ShareSoc Webinar with Lloyds Banking Group PLC
Date & Time Dec 5, 2023 03:00 PM London
LTI you need to trade in your abacus and get one of those new-fangled calculators. If you do, it will show you that LLOY has paid 7.11 p in divis per share in total, since 2019, which equates to a REAL return of 16.7% over five years. That allied with the fact that the LLOY SP on 2 Jan 2019 was 50.66p at the open, illustrates the actual value of a LLOY holding over that time. Your fantasy estimates are just that, Fantasy.
I totally agree hw ,but you mean BILLIONS not millions ,lloyds have lost support from a share group i am in we all meet to chat but invest individually ,at last meeting a total of £2 million was no longer invested in lloyds and was now in bonds @6% approx with 5/6 months to run and doubt it will ever be backing lloyds again , main reasons for jumping ship ,lost 2019 final divi , no divi in lockdown with the profits much the same , and the buybacks using up possible special divi ,and the poor divi being paid compared to pre covid ,no special sweeteners , not all my reasons but all good ones , sad days
Your mistaking the rigidity of income against the opportunity of a killing
Brix
a Lloyds dividend return of 4.3% in 6 months is better than your cash interest
GB
and yet more on a loop nonsense - not worthy of a repeated response given many times already.
Hardup play a song ?
Brix
you want cash?
you have cash on deposit earning an average of about 4.5% per year.
If you have any dividend paying shares you will also get cash returns. Lloyds currently giving over 6% pa with good prospects for an increased yield in 2024 and another increase in 2025 and another increase in 2026 etc etc
Lti
Your calculating a potential promise where others want the cash for opportunities such as the Covid price where i paid £109p for NWG out of divi's & some fresh cash. If i haven't explained that prober like ? I give in.