Member Info for 67Sam

I believe Market-Dealer was a contributor here. Does anyone have any theories as to his sudden disappearance? Posted on M&G 30th May, now all posts deleted and he's vanished. If anyone knows of him, tell him he missed the top on M&G :)

Grantlb

".a trillion galaxies out there with trillions of Suns and planets in an ever expanding universe"

I am an atheist but two questions still interest me. Firstly, I dont have a god, but the universe still had a creator, it has an origin. Secondly, it is getting bigger. What is causing the expansion?

Tophat

"who was responsible for informing customers"

My guess is it should have been in written in large print on the credit agreement, just above where the customer signed.

I agree the bill will fall on the banks doormat. I dont think the car dealers are guilty of any wrongdoing or liable for anything at all.

Hu

"anything in Financial news which would explain this?"

In the context of having dropped from almost £3.70 three weeks ago.

Hu

"Close Brothers are flying today"

Also baffled by this when lloyds price is falling. CB still have 3.63% of their shares shorted, so that should sting a bit.

I figure we have to bite our lips and hold through the SC ruling being announced. The markets reaction will be near instant. Im still hoping it's the least worst case and thats the last internal disaster on the Lloyds horizon. Appreciate its harder to foresee the external ones.

Ad

Yes, its easy money for them so they behave like pirhanas.

The regulator has stressed that any scheme it introduces will be "easy for consumers to understand and participate in" on their own. It warned that signing up with a claims firm now could mean you end up paying for a service you don't need, or having to pay up to 30% in fees out of any compensation you're due.

The problem is the piranhas will advertise so widely they are likely to be seen by the unwary and once signed up theres no reversing it.

Also remember that the SC ruling is not directly on the DCA element but on the commission disclosure element. There will be a car redress scheme, but until the judgement is handed down we wont know the final scope and estimated bill.

Mot

"Am I realistic in my thoughts for Lloyds over the next 4-5 years?"

Not sure if I would say realistic, my opinion is those figures are highly optimistic. I dont mean they are totally impossible, but the very top end for share price and dividend. I doubt we will get down to 50B shares, but I'd hope we were getting close. My guess is wait a month and we will know the SC ruling, then have a better understanding of the car scam damage. Then see next results. The consensus forecast for 2027 full year dividend was 4.67p, you can see here https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2025/q1/2025-lbg-q1-consensus.pdf

Lti is an advocate of using market cap as a better guide, when shares in circulation are no longer comparable. I believe he's fairly optimistic of a £1.00 in the mid term future and is far more learned about these things than I am.

Seems madness to me, pay everyone then claim it back from those who shouldn't have had it. The cost of administering this money will be very high and it's inevitable it will not be claimed back from everyone that it should.

Really encouraging outlook and I'm quite lucky, given I only bought in the April tariff drop. If md sold and did a runner he was a bit too hasty. These are looking like a long term hold as long as I can manage without the capital

Mods are up early today, I wonder who reported that. Let's see if he blames stp again.

Blower

"it's not my fault you are ignorant and stupid, it's your parents"

A 10 year old would have understood my post, but it's too much to expect from you. If you want to talk about parents, I think your mother should have tried dilation and curettage and saved us all from your rubbish.

F'in moron you are.

Blower

F'in moron you are

Blower

"Sam can't be bothered to read yr post but what % of their production comes from coal?"

My own post says China produces 62% of their power by using coal.

F'in moron you are.

Blower

"It's fiddling with wind and solar"

In the last twenty five years China has achieved an extraordinary growth in its electricity generation, up 580% from 1.4 Million GW(H) in 2000 to almost 9 Million GW(H) by 2022. Almost two thirds of that is coal fired, 62%, the source of 97% of its energy emissions. (https://www.iea.org/countries/china/electricity )

China generated approximately 6.2 percent of electricity using solar photovoltaics in 2023. This figure has increased greatly in the last few years. In 2015, China's share of electricity generated from solar PV was below one percent.

China dominates the solar energy sector, producing 77.8% of the world's solar panels and possessing 393GW of solar capacity in 2022. According to the International Energy Agency (IEA), China built more solar panels in 2023 than the entire world did in 2022.

A bit more than fiddling.

Blower

"something he has all but admitted"

In other words, stp has never admitted to doing that and it's just your accusation.

Lti

"A 100p share price this year would only put Lloyds on a market cap at about the same level as was reached 10 years ago"

No-one would be more delighted (and relieved) to see Lloyds reach 100p than me. My pessimism is based partly on the fact the highest price I paid was over 79p (ten years ago) and it has yet to reach that again in all the years that have followed. Also partly because I fear the dip that is likely to occur in the worst case car scam scenario. I suppose if the SC comes back with a favourable decision next month then the price could spike upwards. Perhaps Im being half empty - but I wont live forever and I'd really like to be able to afford to retire one day. Buying lloyds several years ago hasn't exactly been a sensationally rewarding decision so far, although after a long wait I am now about 80% up, so to be fair its the best it's ever been.

Humpy

"boswolox curve"

:)

If it does go ahead I think its inevitable the dividend is cut, its the main attractor for a buy out.

Chips

"I have a firm sell limit set at 100p"

I think thats years away? A return to 78.5p might be enough to relieve me of some, but not all.

Well spotted Darth, but I see theres no reply?