George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Usual 'Results time' reminder of Mr Meerkats YE2024 competition - Entry now closed!!! Entry now closed!!!
ImaRight - 30p
Market-Dealer - 34.5p
Gunsup - 39p
Newchurch - 41p
Panderman - 46p
Jcb208 - 47p
Petanqueplayer - 48p
Johnygreenfeet - 49p
1.ARMANI - 50p
Hardup - 51p
ScotlandLloyds - 52p
Guitarsolo - 53p
Drunkinestor - 54p
mMax1 - 54.5p
Goonerpete - 55p *
Gate13Boy - 55p
Seen_it_done_it - 55.5p
Dinero - 56p
Uncle_Doug - 56.5p
Italdo - 57p
Noexpert - 57.5p
Chrisw01 - 58p*
Dasper22 - 58p
Bobsbank - 59p
Victor Blank - 60p *
Ronold - 60p
Sedaka - 60.5 p
ForeverNever - 61p
StickyToffeePudd - 62p
Barnesy86 - 62.5
Motbuck - 63p
Gulfharbour - 64p
Mrs Ronold - 65p
SUFCESSEX - 66p
Brixton - 66.6p
Tetley64 - 67p
Bizzybee - 68p
Countingthedays - 69p
Dasper22 - 70p
Foobar20 - 71p.
Nuwanda - 72p
Sotonspike - 73p
Jif1 - 74p
Gungi - 75p
Backbencher - 76p
Seany123 - 77p
Donkeyeeyore - 79p
Chips - 80p
LawrenceH - 85p
CWWX - 88.8p
NuckyT - 89p
TheFarEnd - 90.5p
Onelongrunner - 92p
Spights - 95p
Hollybean - 96p
Asperger1 - 135p
Additional Pledges -
29-12-23 - LTI - I will give £10 if the Lloyds share price close above 55p at the end of 2024, £20 if above 60p, £50 if above 65p, £100 if above 70p, £200 if above 75p, £300 if above 80p, £400 if above 85p, £500 if above 90p, £1,000 if above £1,
30-12-23 - Sotonspike - put me down for 73p and if it reaches this i will donate extra £100
8-1-24 - Asp1 - extra £20 if Conservatives win the GE
Mr Meerkat's Roll of Honour -
2014 won by Mr Lego - raised over £370 - MCR University NHS Trust
2015 won by Ms Petanqueplayer - raised over £1600 - Macmillan Cancer
2016 won by Ms Newchurch - raised over £1648 - Macmillan Cancer
2017 won by Mr Inner-Harmony - raised over £900 - Cancer Research UK
2018 won by Mr Wids - raised over £1000 - Shelter
2019 won by Mr Broadland - raised over £700 - Prostate Cancer UK
2020 won by Mr DCB - raised over £1000 - Cancer Research UK
2021 won by Mr Uncle_Doug - raised over £1100 - Alzheimer's Society
2022 won by Mr Theosus - raised £500 - Prostate Cancer UK
2023 won by Ms Petanqueplayer - active - Cancer Research UK
Mr Meerkat's YE2023 competition won by Ms Petanqueplayer
Donations invited to - https://www.justgiving.com/fundraising/petanqeuplayer
Primetime -
Difficult/impossible to produce my usual page contributions from mobile phone
, so they'll have to wait till I get back to my laptop
Good to see there are currently no low gaps to hold lloy back, I note a 44.98 gap was created 12/13 Jan, guess it will get closed around YE results next week
STP - through my working life I squirrelled everything surplus (up to the annual max) into mine and the wife's Isa's - divi tax wise it's paying off big time for us now - need to see SP 50p+ to be able to say same re capital gains tax - it'll come
* Plz note, Fantasy Portfolio due to take a holiday for next few weeks,
Started this fantasy portfolio in 2016 to challenge various poster's perception that lloy is 'the worst share ever', 'better else where' or a 'dire share',
8th Oct 2016 I invited wl/newchurch to choose an alternative ftse 100 company, so I could run a comparison, since 2016 others have been added
~~~ On 8th Oct 2016 - - 1000 quid bought 206 BP. shares & 1905 lloy shares
Today's value, BP. 206@454 =£935 v lloy 1905@45 =£857
~~~ In April 2017 invest4life suggested I add glencore - - on 22-4-17 - 1000 quid bought 335 glen shares & 1553 lloy shares
Today's value, glen 335@448 =£1500 v lloy 1553@45 =£699
~~~ In July 2017 nucky suggested I add rbs/natwest - - on 12-7-17 1000 quid bought 384 NWG & 1512 Lloy
Today's value, NWG 384@212 =£814 v Lloy 1512@45 =£680
~~~ In July 2017 utrickytrees asked that I add barc - - on 30-7-17 1000 quid bought 479 barc & 1504 lloy
Today's value barc 479@146 =£700 v lloy 1504@45 = £677
~~~ In Sept 2018 motley fool recommended diageo over lloyds - - on 9-9-18 1000 quid bought 37.3 DGE & 1704 lloy
Today's value, DGE 37.3@2806 =£1047 v lloy 1704@45 =£767
~~~ In April 2020 theosus asked that I add circassia - - on 14-4-20 £1000 bought 3891 cir/niox & 3058 lloy
Today's value, niox 3891@63 =£2451 v lloy 3058@45 =£1376
~~~ In April 2020 theboard asked that I add rollsroyce - - on 25-4-20 £1000 bought 322 RR. (post 10for3ri 1073) & 3367 lloy
Today's value, RR. 1073@305 =£3273 v lloy 3367@45 =£1515
~~~ This week's observation - Red Sea troubles causes Bad week for bank(some low gaps closed), Russia/Ukraine/Israel/Hamas/Yemen hostilities rattle on - cost of living continues to bite, strikes strikes strikes, It's 2024
A very basic comparison that does not include divi yield, IMO those still suggesting lloy is 'the worst share ever' or a 'dire share' should maybe consider premium bonds?
~~~ 1st real deal, 30-3-20 i bought 15,000 lloy @ 33.606 = £5040
Current value - lloy 15000 @45 = £6750 = +34% over ~44 months
~~~ 2nd real deal, 4-3-22 i bought 8,500 lloy @ 44 = £3740
Current value - lloy 8500 @45 = £3825 = +2.2% over ~20 months
~~~ 3rd real deal, 13-6-22 i bought 11,500 lloy @ 42.66 = £4940
Current value - lloy 11500 @45 = £5175 = +4.7% over ~18 months
~~~ 5th real deal, 4-5-23 i bought 30,000 lloy @ 46.24 = £13872
Current value - lloy 30,000 @45 = £13500 = -2.7% over ~30wks
~~~4th & 6th real deals sold at profit - details in previous posts ~~~
~~~ 7th real deal, 3-10-23 i bought 25,000 lloy@42.9 = £10725
Current value - lloy 25,000@45 = £11250 = +4.9% over ~14wk
~~~ 8th real deal, 20-10-23 i bought 28,000 lloy@41.8 = £11700
Current value - lloy 28,000@45 = £12600 = +7.7% in 11wk
~~~ 9th real deal, 27-11-23 i bought 10,000 lloy@42.3 = £4229
Current value - lloy 10,000@45 = £4500 = +6.5% in 6wk
~~~ 10th real deal, 11-1-24 I bought 5,0
Concerning low gaps remain on Barc & NWG - guess worse to come
~~~Gap watch Lloy --- Current SP - 45p
13th-14th Dec 23 - 46.47p - closed
9th-10th Mar 23 - 51.3p
21st-24th Feb 20 - 55.17p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
~~~Gap watch Barc --- Current SP - 145.5p
2nd-3rd Nov 23 - 133.4p
13th-14th Dec 23 - 142.14p
18th-20th Dec 23 - 148.48p - closed
26th-27th Dec 23 - 151.78p - closed
20th-21st Sept 23 - 159.58p
9th-10th Feb 23 - 189.56p
11th-12th Aug 15 - 278p
~~~ Gap watch NWG --- Current SP - 212.4p
2nd-3rd Nov 23 - 182.35p
18th-19th Oct 23 - 227.2p
25th-26th July 23 - 250.4p
9th-10th Mar 23 - 289.9p
23rd-24th Feb 11 - 471p
11th-12th Dec 08 - 648p
Based on LSE tech chart --- https://www.investopedia.com/articles/trading/05/playinggaps.asp --- https://allstarcharts.com/gaps-need-filled/
~~~ The case for Special divi's
Thanks to the buyback program, Share in circulation has dropped to 63.6bn
2023 final 1.84 + interim 0.92 = total 2.76p x 63.6bn = £1.75bn
So. . . Projected total cost of standard Divi 2023 = £1.75bn
Projected cost of a 0.5p Special = 0.318bn
Cost of projected 2.76p normal divi + 0.5p Special = £2.068bn
2024 Projected Buyback £2bn?
£2.068bn divis + £2bn buybacks = ~£4.068bn
Lloy Projected 2023 Post Tax Profit circa £6bn?
C'mon Lloy - lets address the Divi v Buybacks imbalance
Mr Meerkat YE2024 Comp, entry now closed !!!
Lloy 2023 full year results & final divi announced - 22nd Feb 24
Lloy 2024 buyback announcement - 22nd Feb 24
Lloy 2023 Ex divi date - 11th April 24?
Lloy 2023 final divi pay date - 21st May 24?
Well done everyone - approaching £10,000 total raised to date . . .
Mr Meerkat's Roll of Honour -
2014 won by Mr Lego - raised over £370 - MCR University NHS Trust
2015 won by Ms Petanqueplayer - raised over £1600 - Macmillan Cancer
2016 won by Ms Newchurch - raised over £1648 - Macmillan Cancer
2017 won by Mr Inner-Harmony - raised over £900 - Cancer Research UK
2018 won by Mr Wids - raised over £1000 - Shelter
2019 won by Mr Broadland - raised over £700 - Prostate Cancer UK
2020 won by Mr DCB - raised over £1000 - Cancer Research UK
2021 won by Mr Uncle_Doug - raised over £1100 - Alzheimer's Society
2022 won by Mr Theosus - raised £500 - Prostate Cancer UK
2023 won by Ms Petanqueplayer - active - Cancer Research UK
Mr Meerkat's YE2023 competition won by Ms Petanqueplayer
Donations invited to - https://www.justgiving.com/fundraising/petanqeuplayer
Many thanks to all who have supported Mr Meekats YE competition
* Entry now closed !!! * Entry now closed !!! * Entry now closed !!!
ImaRight - 30p
Market-Dealer - 34.5p
Gunsup - 39p
Newchurch - 41p
Panderman - 46p
Jcb208 - 47p
Petanqueplayer - 48p
Johnygreenfeet - 49p
1.ARMANI - 50p
Hardup - 51p
ScotlandLloyds - 52p
Guitarsolo - 53p
Drunkinestor - 54p
mMax1 - 54.5p
Goonerpete - 55p *
Gate13Boy - 55p
Seen_it_done_it - 55.5p
Dinero - 56p
Uncle_Doug - 56.5p
Italdo - 57p
Noexpert - 57.5p
Chrisw01 - 58p*
Dasper22 - 58p
Bobsbank - 59p
Victor Blank - 60p *
Ronold - 60p
Sedaka - 60.5 p
ForeverNever - 61p
StickyToffeePudd - 62p
Barnesy86 - 62.5
Motbuck - 63p
Gulfharbour - 64p
Mrs Ronold - 65p
SUFCESSEX - 66p
Brixton - 66.6p
Tetley64 - 67p
Bizzybee - 68p
Countingthedays - 69p
Dasper22 - 70p
Foobar20 - 71p.
Nuwanda - 72p
Sotonspike - 73p
Jif1 - 74p
Gungi - 75p
Backbencher - 76p
Seany123 - 77p
Donkeyeeyore - 79p
Chips - 80p
LawrenceH - 85p
CWWX - 88.8p
NuckyT - 89p
TheFarEnd - 90.5p
Onelongrunner - 92p
Spights - 95p
Hollybean - 96p
Asperger1 - 135p
Additional Pledges --- 29-12-23 - LTI - I will give £10 if the Lloyds share price close above 55p at the end of 2024, £20 if above 60p, £50 if above 65p, £100 if above 70p, £200 if above 75p, £300 if above 80p, £400 if above 85p, £500 if above 90p, £1,000 if above £1, --- 30-12-23 - Sotonspike - put me down for 73p and if it reaches this i will donate extra £100 --- 8-1-24 - Asp1 - extra £20 if Conservatives win the GE
Mr Meerkat's YE2023 competition won by Ms Petanqueplayer --- Donations invited to - https://www.justgiving.com/fundraising/petanqeuplayer
* Last day to enter !!! * Last week to enter !!! * Last week to enter !!!
* You have one guess at Lloyds closing SP on last trading day of 2024
* Closest guess wins, winner to chose from list of charities on Justgiving.com
* In event of duplication, earliest guessee (marked *) takes priority
* By entering a whole number guess you pledged to contribute a min. £10
* Ha'penny guess (eg 99.5) you pledged to contribute a min. £20
* Any other fractions, you pledge to contribute a min. £30
* Additional random pledges to the chosen charity welcome . . .
* Last time for entry Midnight Friday 12-1-24
ImaRight - 30p
Market-Dealer - 34.5p
Gunsup - 39p
Newchurch - 41p
Panderman - 46p
Jcb208 - 47p
Petanqueplayer - 48p
Johnygreenfeet - 49p
1.ARMANI - 50p
Hardup - 51p
ScotlandLloyds - 52p
Guitarsolo - 53p
Drunkinestor - 54p
mMax1 - 54.5p
Goonerpete - 55p *
Gate13Boy - 55p
Seen_it_done_it - 55.5p
Dinero - 56p
Uncle_Doug - 56.5p
Italdo - 57p
Noexpert - 57.5p
Chrisw01 - 58p*
Dasper22 - 58p
Bobsbank - 59p
Victor Blank - 60p *
Ronold - 60p
Sedaka - 60.5 p
ForeverNever - 61p
StickyToffeePudd - 62p
Barnesy86 - 62.5
Motbuck - 63p
Gulfharbour - 64p
Mrs Ronold - 65p
SUFCESSEX - 66p
Brixton - 66.6p
Tetley64 - 67p
Bizzybee - 68p
Countingthedays - 69p
Dasper22 - 70p
Foobar20 - 71p.
Nuwanda - 72p
Sotonspike - 73p
Jif1 - 74p
Gungi - 75p
Backbencher - 76p
Seany123 - 77p
Donkeyeeyore - 79p
Chips - 80p
LawrenceH - 85p
CWWX - 88.8p
NuckyT - 89p
TheFarEnd - 90.5p
Onelongrunner - 92p
Spights - 95p
Hollybean - 96p
Asperger1 - 135p
Additional Pledges --- 29-12-23 - LTI - I will give £10 if the Lloyds share price close above 55p at the end of 2024, £20 if above 60p, £50 if above 65p, £100 if above 70p, £200 if above 75p, £300 if above 80p, £400 if above 85p, £500 if above 90p, £1,000 if above £1, --- 30-12-23 - Sotonspike - put me down for 73p and if it reaches this i will donate extra £100 --- 8-1-24 - Asp1 - extra £20 if Conservatives win the GE
Mr Meerkat's YE2023 competition won by Ms Petanqueplayer --- Donations invited to - https://www.justgiving.com/fundraising/petanqeuplayer