Member Info for avocet123

Prolee, are you dense? Evraz is meanwhile raking in billions. This isnt some depreciating pile of cash.
Its a producing asset.

Are we still going to get the rasp money?

Does anyone think we are still going to get the RASP money?

Yawn, I am buying more. Still averaging up unfortunately. Hopefully the panic will allow some more bargains.

The buy backs will be much more effective if the sp crashes. Good timing.

You are very silly. I am in massive profit in ezj and TUI. You need to buy when the sp is low. I'd imagine your short has been doing terribly over the last few weeks.
Probably not long before you get banned again right Smithy?

Sorry I disagree with your assessment Smithy.

Not a big sample you are basing your assumption on. I don't think a tennis star is remotley representative for the general population.

People who want to travel are generally vaccinated in order to do so.
People who would not have travelled anyway are either vaccinated or they are not, but that's irrelevant because they weren't going anywhere anyway.

Had enough of this. Sold out at a loss.
Should have sold months ago.
Clearly will always be a looser. I was just to blinkered to see it.

"Given the state of the economy"
Whats the problem with it? The economy is booming. People have been receiving wage rises left right and centre. They have more money in their pockets now than ever before.
Perfect timing for that pent up demand - as demonstrated by huge rises in bookings.

hurray, we can now sell tests that are not needed anymore.

Same. About 60% down on current position. But break even with earlier sales last year. However, I have 30 years to let this ride, and I am fairly certain it will be well up by then. Not a trader, so all depends on your time horizon.

I think we had a correction coming. Even though I see some of my profit reduce across the board, and also some losses increase, I am not unhappy about this healthy correction. Time to restart drip feeding buys soon. As a rule I never sell, but I buy dips, to feed my dividend portfolio, and Lloyd's is a good part of this. I have 30 years before retirement age, so I don't see the point of trying to trade and time the market.

I work in construction and if there is anything I cannot see for love nor money, its a recession.
The industry is booming like I have never see before.

Boyo,
I think you seriously misunderstand how the stock market works I am afraid.
The market cap has nothing to do with the number of shares it is divided by.
In theory, each buyback should have an equal effect of the SP.
For example. I have a company worth £10, with 10 shares in issue. Each share is worth £1. I now buy 5 shares and cancel them. My company is now still worth £10, but only has 5 shares in issue, each of value £2.

Sorry to use such a kindergarden example, but I think this is what is required here to explain to you what buybacks mean.

I don't think that's right. The buybacks mean we own a larger share of the same size company. More over, the company retains more cash as there are less shares to pay dividend on. Meaning there is more left over to pay those who still hold.

By the time they will be selling any tests (if that ever happens) Covid will be history.
Just walk around your local town. We are already back to living as if covid never existed.

Thats what I thought. That they see the price going up shortly and want to buy the shares back while cheap.

By the sounds of it pcr tests will very shortly be surplus to requirements.
I doubt know what gdr have done, but the time to sell tests was 12 months ago.