Member Info for Asperger1

Moderate Labour MP Ian Austin quits Corbyn's sinking ship
Re Lloyds SP - I do love a sure bet,
Wouldn't want to be invested anywhere else :-)

https://imgflip.com/i/3fjigu

Moderate Labour MP Tom Watson quits Corbyn's sinking ship
Re Lloyds SP - I do love a sure bet,
Wouldn't want to be invested anywhere else :-)

https://imgflip.com/i/3fi6zz

Marcus - we know there will be divi pay days in May, June, Sept & Dec - so yes, there must be 4x ex divi dates during 2020 and every year until further notice

Mr Wids - maybe next year the board will announce buybacks on a quarterly basis along side the divi's???
You know I'm always the optimist :-)

Think a special divi is being a tad optimistic given the rather high final Ppi charge and the move to quarterly divi's,
I'd suspect any surplus (~£0.65bn) may go to buybacks,
On the plus side it seems reasonable expect our 19/20 final divi (2.24p) in May closely followed by our 1st quarterly divi (0.75p) in June

2019/20 results
Q1 Underlying £2.2bn Pre tax £1.6bn post tax £1.2bn
Q2 Underlying £4.2bn Pre tax £2.9bn post tax £2.2bn divi 1.12
Q3 Underlying £6.0bn Pre tax £2.9bn post tax £2b
Projected
Q4 Underlying £8.0bn Pre tax £4.0bn post tax £3.0bn divi 2.24p (= 3.36p total)
Divi cost £2.35bn, £0.65bn for buyback?

2020/21 projected results
Q1 Underlying £2.0bn Pre tax £1.6bn post tax £1.4bn divi 0.75p
Q2 Underlying £4.0bn Pre tax £3.2bn post tax £2.8bn divi 0.75p
Q3 Underlying £6.0bn Pre tax £4.8bn post tax £4.2bn divi 0.75p
Q4 Underlying £8.0bn Pre tax £6.4bn post tax £5.6bn divi 1.28p = 3.53p total (cost~£2.5bn) + £2.5bn buyback

Usual week end update -
Soz was no update last weekend - I was away diving with Hammerheads in Egypt
I started this fantasy portfolio in 2016 to challenge various posters perception that Lloy is 'the worst share ever' or a 'dire share', on the 8th Oct 2016 I invited WL/Newchurch to choose an alternative ftse 100 company so I could run a comparison

On 8th Oct 2016 - 1000 quid bought 206 BP. shares & 1905 Lloy shares
Today's value
BP. 206 @ 497 = 1024
Lloy 1905 @ 57.3 = 1092

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 @ 241 = 807
Lloy 1553 @ 57.3 = 890

In July 2017 Nucky suggested I add RBS -
On 12-7-17 1000 quid bought 384 RBS & 1512 Lloy
Today's value
RBS 384 @ 215 = 826
Lloy 1512 @ 57.3 = 866

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 @ 167 = 800
Lloy 1504 @ 57.3 = 862

In Sept 2018 Motley Fool recommended Diageo over Lloyds
On 9-9-18 1000 quid bought 37.3 DGE & 1704 Lloy
DGE 37.3 @ 3154 = £1176
Lloy 1704 @ 57.3 = £976

This weeks observation - market holds it's breath re election result

Overall conclusion -
A very basic comparison that does no include divi yield, IMO those still suggesting Lloy is 'the worst share ever' or a 'dire share' seriously need to examine their concept of investing.

A1

Corbyn offers real change!!!
Corbyn/McDonnell/Momentum's key policies and ambitions -

* Zero respect for democracy - won't deliver Brexit
* Borrow & spend in a throwback to failed communist ideals
* Risk our kids future on an unproven £500bn keynesian experiment
* Nationalise all vital services
* Reverse union and strike rules
* Higher taxes on 'all' earners, savers and home owners
* Steal the hopes, dreams and ambitions of the young
* Scrap Trident and cut defence spending
* Break up our United Kingdom
* Scrap our Royal family & turn England into a communist state

8 days to Halloween and Lloyds Q3
(seems nothing else is now happening that day lol)

2019/20 results
Q1 Underlying £2.2bn Pre tax £1.6bn post tax £1.2bn
Q2 Underlying £4.2bn Pretax £2.9bn post tax £2.2bn divi 1.12(1.2p?)
Projected
Q3 Underlying £6.4bn Pretax £5.0bn post tax £3.5bn
Q4 Underlying £8.0bn Pretax £6.0bn post tax £5.0bn divi 2.24p( = 3.36p total) + £2.5bn buyback?

Looking further ahead - with Ppi and other items behind us, why would results for the fiscal year 20/21 not look something like this (or better)
2020/21 projected results
Q1 Underlying £2.0bn Pre tax £1.6bn post tax £1.4bn divi 0.75p
Q2 Underlying £4.0bn Pre tax £3.2bn post tax £2.8bn divi 0.75p
Q3 Underlying £6.0bn Pre tax £4.8bn post tax £4.2bn divi 0.75p
Q4 Underlying £8.0bn Pre tax £6.4bn post tax £5.6bn divi 1.28p = 3.53p total (cost~£2.5bn) + £2.5bn buyback

Sustainable, Low risk and Safe Market leading yield - 2x covered!!!

YOUR MP -
Have they respected your vote?
Have they respected the vote of your constituency?
Have they respected the result of the Referendum?
Has their political party actively blocked/frustrated Brexit?

Brexit deal: Did your MP vote for the Letwin amendment?
https://www.bbc.co.uk/news/uk-politics-50109480

#PeoplePower
Make your vote count come the next General Election

IMO we need to remind MP's who their boss is -

Come the next General Election it's our responsibility to remember what part 'OUR' MP played re re Brexit - then ACTIVELY use our democratic vote either FOR or AGAINST them

Brexit deal: Did your MP vote for the Letwin amendment?
https://www.bbc.co.uk/news/uk-politics-50109480

#PeoplePower

Lloyds Q3 interim management statement 31st Oct
(other events may also be happening)

https://www.lloydsbankinggroup.com/investors/shareholder-info/financial-calendar/

LTI - If the BJ WA is narrowly passed next week 52% v 48% does it have to be respected?

Maybe the MP's didn't know what they were voting for???

Couldn't make it up lol

Would the EU want another 3/6/12months of Farage & Boris messing things up for them ???

No more prolonging - out deal or no deal on 31st

If the Letwin amendment guarantees no 'no deal' exit - surely the SP should rise tommorow

Come the next General Election remember how your MP voted - check now

Brexit deal: Did your MP vote for the Letwin amendment?
https://www.bbc.co.uk/news/uk-politics-50109480

Usual week end update
I started this fantasy portfolio in 2016 to challenge various posters perception that Lloy is 'the worst share ever' or a 'dire share', on the 8th Oct 2016 I invited WL/Newchurch to choose an alternative ftse 100 company so I could run a comparison

On 8th Oct 2016 - 1000 quid bought 206 BP. shares & 1905 Lloy shares
Today's value
BP. 206 @ 485 = 1000
Lloy 1905 @ 60.2 = 1147

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 @ 228 = 764
Lloy 1553 @ 60.2 = 935

In July 2017 Nucky suggested I add RBS -
On 12-7-17 1000 quid bought 384 RBS & 1512 Lloy
Today's value
RBS 384 @ 238 = 914
Lloy 1512 @ 60.2 = 910

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 @ 165 = 790
Lloy 1504 @ 60.2 = 905

In Sept 2018 Motley Fool recommended Diageo over Lloyds
On 9-9-18 1000 quid bought 37.3 DGE & 1704 Lloy
DGE 37.3 @ 3117 = £1163
Lloy 1704 @ 60.2 = £1026

This weeks observation - market holds it's breath re hope of a deal

Overall conclusion -
A very basic comparison that does no include divi yield, IMO those still suggesting Lloy is 'the worst share ever' or a 'dire share' seriously need to examine their concept of investing.

A1

All that remoaner stuff = total waste of time & money

An end to all the political game playing - binary choice for the MP's - vote against the deal and you vote to deliver a hard Brexit for the country - simples

Given that most people voted to leave or at least respect democracy and the outcome of the referendum - and given that all MP's are likely to be looking to be re-elected in a general election real soon, IMO, from which ever party, it will be a brave/stupid MP who votes against this deal come Saturday
#TurkeysvChristmas