The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
and I repeat Lloyds has never been worth £400 Billion.
Cannot be bothered to find out, but I would be surprised if Lloyds has ever had a market cap much above £70 Billion
missing the point - either on purpose or because of a lack of understanding.
let's move on.. !!
Nov
There isn't a point you are making to miss, and I feel that you have now realised this.
Metro for instance has not destroyed over 90% of value for all it's shareholders,
only those that bought at £40, held and not bought more.
Someone buying last week for the first time have had their shareholder value enhanced
F()ck - Eureka...!!
So stop banging on about how great LLoyds is compared to Metro because of their dividends then..
They have pretty much destroyed shareholder value as much as Metro from peak to trough and today the prospects for a recovery in the share price are better for metro IMO - that was the main point !!!!! - if you can ever be bothered to work it out rather than just say market cap was never 400 billion you'll understand.
Nov
''rather than just say market cap was never 400 billion you'll understand''
I am beginning to think that you are a bit thick.
Based on YOU saying that Lloyds has lost 90% since peak, if that were the case then Lloyds at some time would have had to have been worth £400 Billion which they have never been. Easy enough for most to understand.
bored now as I suspect is everyone else, I'll admit to being a clueless thick window licking num nuts - let's move on..
I'm not even facing the right way when I'm typing - all luck and guesswork.
enjoy your dividends..
Nov
Thanks
no probs, but bankrupt means effectively 100% destruction of shareholder value - or did they not need to be bailed out because they were effectively bankrupt. Maybe it's me that will win the darwin award this year - ironic :o)
Nov
Just for info
Lloyds peak price was 976p per share over 20 years ago with 5.5 billion shares in issue giving a market cap at that time of about £54 Billion.
Market cap has been higher than that in recent years.
Nov
My advice is to ignore P14.
He has a MASSIVE chip on his shoulder regarding Brexit and other matters.
M84
''information on Lloyds''
Unfortunately it is others that bring up Lloyds on this board, purely because they know I am a shareholder, and don't like the fact that I have yet to commit a large sum to a Metro investment.
Any criticism regarding the mentioning of Lloyds should be aimed at them.
I am merely responding to their posts.
"longterm you're a deluded *****, you come on here to wind people up - that's how it started."
Yup. He's director of the C@rp Brigade.
Nov
''you come on here to wind people up - that's how it started.''
Incorrect.
I have given my criteria a few times already that would make me think about a decent metro investment. People have not liked the points I have raised, and therefore brought my Lloyds investment into it.
THAT IS HOW IT STARTED
This (below from yesterday) and previously buying a few shares (literally) to save having to pay a monthly subscription on IG and then belittling us stupid metro shareholders for buying too soon.
You're a Pr_1ck mate..
A little bit of buying 28 Jan 2020 21:01
giving excitement to some. Enjoy the moment.
Nov
What is wrong with saying enjoy the moment
You seem to have a bit of a problem don't you?
You bring Lloyds into the posts with nonsense figures, that I then discredit, and you still think that you were making a point.
Basically you do not like being made to look foolish, hence the going on and on and on and on and on.
Excitement should be reserved for when the fundamentals of Metro look a lot more promising. Maybe the week that has been waited for will be next week.