Member Info for 67Sam

I wonder if Motbuck is correct? Will keep an eye out for an announcement, it must be impossible for the judgement to be kept a total secret and I imagine it gives plenty of opportunity for trading with privileged information. Likewise, quite a few people will already know the interim result headlines.

Generally speaking opinion on SC is almost consensus on a balanced outcome that avoids destabilising the market.

This is a big month for Lloyds, interim results on the 24th July and should hear SC ruling by end of July.

A rate cut could mean sub 4% mortgages offered too.

Mustard

No news on SC yet. SP has been trading higher during the day and then retreating at close. Best to see where it goes later, as first half hour always volatile. Other banks have risen so far as well.

Opinionslated

No guarantee, but I share your opinion. I think they will stick to the middle ground, moderate redress but nothing that destabilises the sector. In that event the share price might dip but nothing spectacular, or so I hope.

Https://www.theguardian.com/society/2023/nov/25/no-no-no-avoid-them-all-anti-vaccine-conspiracies-spread-as-uk-cases-of-measles-increase

LL

"Red indians Jesus you lot would have an opinion about a turd."

Yes, plenty and daily. I assume do too, judging by the username you chose.

Ant

"I’m on episode 3"

Leaving aside the question of what motivation Russia would have to engineer a war with UK....

It makes the point very clearly that a lack of conventional means to defend our country leaves two stark choices, escalation to nuclear or surrender.

Well produced programme, I love Ben Wallace as PM.

BB

"Are we so stupid...."

Welcome to Blower World. Ignore facts, ignore replies, insult everyone that doesn't agree with you and lick your lips at your own fat arsed smugness.

If it were possible to give Native Americans a chance to live their ancestors lifestyle, do you think they would refuse saying "No thanks Blower, this new life is brilliant?"

Unfortunately it's no longer possible, as the land has all been developed into modern America. Good luck hunting buffalo, if thats what you're suggesting.

No doubt you think that Aboriginal people should be equally grateful for the life they have now, compared to their ancestors?

I expect you'll decide the answer to that one yourself, because thats all you're interested in.

And I dont have an iPhone thanks. Another mistaken assumption of yours, but who cares, that sort of thing doesn't matter in Blower World.

BB

"The descendants of red Indians btw have a much better life now"

Fact check? It doesn't seem to be the way you describe.

https://en.wikipedia.org/wiki/Health_of_Native_Americans_in_the_United_States

You should start a rival site, Blowerpedia.

"A world where everything is rosy and no one ever lies".

Gunsup

"Mass consumers destroying the planet"

Truth bounces off Bloomer. He lives in a world where everything is ok. Admiration for a sustainable way of life that respects the natural world, living according to need and not greed - these are not his values. According to Bloomer, there is no such thing as global warming, pollution isn't a problem, natural resources are inexhaustible and the population doesn't matter (as long as it doesn't come across the channel by boat). Fortunately he's not bothered by environmental degradation either.

A pity he didn't educate HRH King Charles, who hosted a "Harmony Summit" today https://www.bbc.co.uk/news/articles/c0l4jppyjzjo

Never mind. At least you can take solace in the fact that despite all this, Bloomer loves you dearly.

Https://www.ii.co.uk/analysis-commentary/uk-bank-shares-half-year-results-preview-ii535851

Lloyds still top pick, according to Morgan Stanley.

Mustard

"Some suggest Wed 23rd July"

Judgement will be handed down on either the 23rd or the 30th July, or not in July at all.

You can look for confirmation of this on the SC website on the 17th or the 24th July.

Lti

"The number of shares that could be bought back and cancelled in future years is a complete unknown"

Yes, that was the point in me using the word "anticipated" as follows:

"With £2.7B and £2.9B buybacks anticipated in 2026 and 2027".

Of course the future is unknown. I was reading from the forecast given in the half year 2025 consensus. That may prove accurate or completely misguided.

One can only try to illustrate the point. It seems of less importance now.

Lti

"the number of shares that have been bought back and cancelled is not the same as the reduction in shares in issue".

You could helpfully explain your point a bit more. Other than the net amount of new shares issued each year (which I made allowance for in the maths) I am not sure why my statement is problematic for you?

Gate

"calling you a wind up merchant, a troll and a clown."

Correct.

Stp

"someone you had never even interacted with on this forum!"

Incorrect.

"they could achieve a 22.5% reduction in three years"

I meant in five years; its a 15.5% reduction in the last three years.

Carllt

"and work to buy an affordable home that they own."

So where should people live whilst they are spending years saving up for this affordable home?

Thanks Hardup.

Very encouraging to see the halfway point approaching, with purchases to date discounted by 7.25%.

With £2.7B and £2.9B buybacks anticipated in 2026 and 2027 it is looking very encouraging. There is every chance of the share count dipping below 55 Billion. Compared to the 71 Billion in 2022, they could achieve a 22.5% reduction in three years.

I may still be in a minority but I am glad they are pursuing this strategy instead of frittering it all away on special dividends, while the year on year increased share count dilutes our holdings.

Stp

"We disagreed on just about everything"

I didn't mean you had the same opinions, just that a similar dynamic existed between yourselves and other posters.