Member Info for 67Sam

Hu / Ben

"Without knowing what the EPS will be at that point one can only speculate..........or.........wishful thinking."

Yes, indeed it is. But a reasonable estimate would be to look at the percentage reduction in share count and use it to multiply the dividend.

So 45 billion shares is a 25% reduction on todays count. A 25% increase on this years dividend of 3.17p would become 3.96p. But we know the analyst consensus forecast for 2027 is already 4.67p. As well as a reducing share count, there should also be a favourable income from the structural hedge to help offset the lower interest rates anticipated for the next few years.

Ben

"think the car thing is massive now"

Yes, the car scam is the latest Lloyds iceberg on the horizon, not long now until we hit it. It might cause a titanic style rupture that robs us of future buybacks and divi's, as you say. But it could also just be a dent to the front end that we sail away from, having already made provision for the best case scenario.

It's really just in the lap of the SC judges. Whatever the outcome, I think Lloyds makes a shed load of cash each year and has a good forward strategy. I hope they can retain Nunn, he seems to have done the right things so far. I will hold these shares for as long as I can, but I will need the capital back one day.

What would be amazing is if we stay under 60 Billion at the end of the buyback and keep there AFTER they have issued the next chunk of new staff shares.

A starting point for the next buyback of less than 60 Billion would be very good.

LBG consensus forecast an increased spend of £2.747 Billion in 2026 followed by £2.878 Billion in 2027. That should get the count well under 55 Billion shares by end of 2027 while ensuring the price stays at, or over, 75p.

"under 60 Billion by 4th July"

After completion of Day 92.

Ben

What do you make the share count now - I thought it was 60,109,065,283?

If thats right then my random guess is under 60 Billion by 4th July.

Good to see the sp fighting back this pm, now at 76.76p. Sorry to interrupt the bollatics.

Blow

"aI is likely to be a big help to fraudsters too as easy to impersonate ppl with"

Yes, I think AI voice imitation is a definite threat. My bank has a telephone service that no longer asks for passwords, but relies on voice recognition software. Ive never felt 100% comfortable with it.

The scam I fell for was number spoofing. I got a call from my Bank saying there was suspicious activity in my account and they needed me to generate a passcode. I realised in time to stop any fraud, but when it comes up with the banks name on your mobile its very easy to be fooled.

https://www.which.co.uk/news/article/is-it-really-your-bank-calling-how-some-banks-are-failing-customers-on-fraud-protection-aY6Xq2T6722o

Stp

"use an address book with an A to Z index to keep a record of all your passwords. Index by website or service provider name. Include username, password & date last updated password"

Very high risk to have this ready for any burglar, would strongly advise against doing it. I use an excel spreadsheet with the all same info recorded, but store it in a Microsoft One Drive Vault. If the devices you use are not available to anyone else, you can store passwords on the browser and use autofill.

If that still isn't working for you, then get a Nord password manager for only a couple of quid a month, use on both devices.

Blow

"Had my old email and bank accounts hacked by some fraudsters"

I thought all banks used two factor authorisation, needing a log in name, password and then an authenticated device that could receive a code? You should get that in place. Always use strong passwords on sites where there is any link to money. Always use a VPN when online. Always look at the website address you're visiting. Generally speaking a Mac is harder to hack than a PC.

Lti

Yes they are welcome to use them to promote circulation, I dont mind. Theycan also use maggots to clean my wound if they feel thats the best way. But when it comes to a diagnosis, I'd like modern technology and scientific tests please!

"prove a certain number of testable things"

But you're not very impressed with these testable things though, are you?

https://www.phc.ox.ac.uk/news/comprehensive-review-confirms-masks-reduce-covid-19-transmission

Ah, earlier on you were talking about "scientism", ie. the belief that science is the only valid source of knowledge and that it can explain and solve all aspects of human existence. I dont believe it can.

Stevebt

I'm an atheist which is why I distinguished the benefit of church from the perils of religion. A great many people are very isolated in society. The idea of coming together to help others can only be positive and it transcends all belief systems. You don't need your imaginary friend, but a sense of belonging and being part of something greater than ourselves is good for our mental health.

That said, I dont actually belong to a church, but I may do one day. I also believe in the benefits of science and medicine, but not to the exclusion of all else as Blower is suggesting. When I go to hospital I want to be diagnosed with modern scanners, not have leeches applied.

Gu

"Some people on here not understand the benefit of religion"

I feel the benefit is church - as Jimmy Carr once said, it brings people together, just like comedy does.

Religion is harder, beliefs very often divide people. Good post though, very thoughtful.

Bloo

"can anyone direct me to the Lloyds plc chat page"

https://uk.investing.com/equities/lloyds-banking-grp-commentary

Best of luck.

Gu

Good spot. I expect the answer is yes, it's laying the groundwork to claw back state pension and other benefits. God knows what I'll end up with in nine years time, the thought of the state pension being means tested is such a disincentive to carry on working. Having economically productive over 55's is something they need to encourage more, not discourage.

"Temper temper Sam"

Nothing wrong with emphasis, especially when it's about you.

Blower

"Sam on the side of Iran"

Incorrect.

F'in moron you are.

Netanyahu called it a "targeted military operation".

Heard that one before.

Benny you seem in a good position

This shows near future estimates of divs and buybacks

https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2025/q1/2025-lbg-q1-consensus.pdf

Could always reduce a bit before the ruling.