Member Info for 67Sam

Mararab

https://uk.marketscreener.com/quote/stock/LLOYDS-BANKING-GROUP-PLC-4000786/company-shareholders/

Gives you the top ten institution holdings and also says institutions hold 68.8% of shares in issue. Also interesting to see geographical origin of shareholders, only 24.8% in UK.

Chid

"Representing thousands of clients, we have successfully won over 90% of mis-sold car finance claims that have gone to trial since January 2022, with the average compensation payout being over £1,600"

(https://www.bottonline.co.uk/mis-sold-car-finance-claims)

Also I have to wonder why someone would give 36% of their claim to a company like this, when they can easily downland a template form MSE and send it themselves. This whole car thing is bad news dressed up as a calamity.

MV

You might think it irrelevant, but the facts are AIDS is not transmissible. It is a rarely occurring consequence of untreated HIV. No-one has a blood test for AIDS. With an early diagnosis and the right treatment, people with HIV live a normal life expectancy and die with the virus, not of it. Im not arguing about the high cost or the fact that cases have increased since 2021. But if you're going to post about it, at least get the names sorted out.

Wride

"maybe i'm just jaded" I know that feeling too :) and yes we will find out in time.

Wideride

"Imho next year could see, no buybacks, no dividend and sp retreat"

sp is already retreating but why would you anticipate a sudden and total loss of all capital returned to shareholders? lbg makes a lot of cash and isn't going to get one huge bill it has to pay immediately. yes it will impact profits, but I dont think it will be armageddon.

STP

At least try and post your nonsense on the correct thread, this one is about Lloyds.

Seany

"I come away thinking good opportunity to buy"

Are you intending to buy lloyds again? I thought you sold some lloyds to jump ship into Glencore. How did that go?

"didn't hear anything new about the car scam"

Although I liked the way he deflected the question by pointing out the Court of Appeal decision was less about car finance and more about commission and transparency, so it would affect many other sectors. This time he had a young man with him instead of that young blond woman who did the qtr 3 results. I don't feel that bothered about the car scam because Lloyds makes shed loads of cash, but I am disappointed the share price is in the doldrums as Im probably going to need some or all of the capital back in 2026.

Feck me has it come down to this? You can get £175 for switching to First Direct and the advantage over Lloyds is they have a website that works and they actually answer the phone.

Seany

I watched most of it. The presentation looked a lot like the one they gave for Qtr 3. I think the most interesting thing he said was interest rates would settle at 3 to 3.5%, so good for banks. I didn't hear anything new about the car scam and I didn't hear anything at all about extended PPI. Good buyback explanation and he reiterated commitment to paying back surplus capital to shareholders, including CET1 down to 13% by 2026. Nothing new really,

"Nice bit of positive news"

Agreed, very heartening - good post @Alexs1966

"Trolls like you need to go elsewhere to vent your political fury!"

Someone suggested there should be a petition to remove the heating allowance from MPs expenses, so I posted that to show one was in progress. As for you lecturing me on politics, here are some of your recent posts:

"It is perfectly OK to means test heating allowance, so it really goes to those who are most needy!"

"Clear we should rejoin and brexiteers are deluded!"

"Allahu Akbar"

"a left wing government has been elected in Uruguay"

Idiot.

Https://you.38degrees.org.uk/petitions/strip-mps-of-their-fuel-allowance

"675, well done, I give you the headline scoop, and expect you to run with it, in terms of analysis"

You mislead people, relying on others to correct you.

Troll.

"complete no brainer to be invested in lloyds"

The point of the article is the author decides to delay buying, because he feels a further drop in the sp is inevitable.

Bargain 4605

"intends to repay capital to shareholders to get its CET1 down to 13.5%"

I should have said 13%. you may be interested to watch the q3 results https://www.youtube.com/watch?v=SjykcFbAyTY

Bargain6405

I hope you bought for the long term and are a patient investor! Gate has pointed out the milestones and Heardy neatly sums up the nature of 95% of posts on this board. There are a few intelligent investors here, you just need to sort through the chaff. Personally I think LBG is a well run business and has made some small diversification by purchasing 5000 rental properties. Things were looking very good this year until historic practice on commission proved to be yet another banana skin for the share price, much to my disappointment. I do not expect it to return anywhere near 63p until costs are more defined and the timescale for repayment can be accurately scoped. So my guess is it will stay depressed for a minimum of eighteen months and maybe much longer. A lot of people think teh car scandal will be like PPI all over again, but I dont envisage anything like that kind of hit. LBG makes a lot of money each year and also intends to repay capital to shareholders to get its CET1 down to 13.5%. I think the dividend will be sustained and continue to have modest growth, particularly given the impact of the higher rate fixed term investments they made to form a "structural hedge". I'm definitely not recommending LBG, just giving reasons why I have chosen not to sell although at some point in the coming years I will need the capital back. I often think/hope that surely by now they will behave more ethically with customers and avoid any future miss-selling scandals, but they are a bank so I cant say I'm 100% confident about that. But generally they seem to have a good plan and be on course to meet their targets. Best of luck.

Https://www.asktraders.com/analysis/lloyds-shares-dip-as-group-announces-new-185m-listing/

"YEAR - YE SP - YE post-tax profit - Shares in circulation"

Makes an interesting contrast, falling share price while profits growing. But is it really this much of a contrast? Or are gross profits much bigger up until 2020, but slashed because of PPI repayments? Maybe too soon to see much impact from reduction to 61B shares.

"That way it would reduce our share count"

wtf?