Member Info for bertram

"Tories are crap at this present moment."
Well I don`t agree with that ARMANI. Boris has had to deal with Brexit, the treacherous EU and our supposed friends Ireland. Then came covid to deal with as well as catching it himself he has got on with job of securing vaccines for the UK against competition from the French/ German EU. He made mistakes but who has a crystal ball?
Would you rather of had Gold fingers Brown? or comrade Corbin? OMG Teresa May?
I personally think Boris was a man for the time. When the worlds finances improve and covid is consigned to history this country will thrive. GL.

Wanderingstar,
"corporate screw-ups" You are right there. Lloyds purchase of HBOS was probably a bigger screw up. I feel lloy lurches from one screw up to another with the long time holder bearing the cost.
Interesting posts there.

SUF,
If you and others are happy with banks progress then I am happy for you. The future does look better but I have lost faith in banks.
ATB in your endeavours.

Wanderingstar,
Your reasoning is good however I and many others have been in and out of lloy since the crash. The bank and other banks for that matter have been my worst performers in my portfolio. They seem to issue promises then oops PPI comes along. Then more litigation followed by diversification. HMG then gets involved with windfall taxes. Covid appears then guess what, another reason to postpone divi. All the while bonuses have continued unabated. Am I wrong in thinking the share holder always seems to get the sh... end of the stick?
My whole thoughts are that there are better opportunities out there. People who retired in the early 2000,s may have been hurt by the lack of divi for over a decade. Some may have died never realising a return of their investment.
Your figures-
If share price rises 1p this adds £710 million to value of bank. looking for a rise to £1 means a rise of 54p.
54x £710 million = a rise in bank value of £ 38.34 Billion. Just can`t see it Tell me if I am wrong.
Thanks for reasoned post though.

LTI, cheers and same to you.

The point is you questioned my earlier statement, ''To pay 1p divi costs £710 million. Get my drift?''
My first post was heartfelt to all the people I have watched and read on this BB over the years including yourself. I wish no one any ill will. What ever we scribe here will make no difference to SP anyway. GL

You are correct LTI, try this
71,000,000,000 (shares in issue) x1p = £710,000,000
I wondered who would spot the missing zero.

7100,000,000 x 1p = £710,000,000 . Is this not correct LTI ?

LTI, no offence meant.

SUFCESSEX,
Do you have a cast iron guarantee that 7p will be paid? I think that HMG and the directors will design a way of enlightening the share holders of this. I just don't trust Banks.

Morning all,
I got out of lloy months ago after being in and out over last 12 years. If you are a long time holder then you have my sympathy. With 71 billion shares in issue and virtually no divi in that time and no chance of ever paying a good divi I ask is lloyds worth it? NO in my honest opinion. More jam tomorrow is the constant theme and with 71 billion shares in issue that will not change. To pay 1p divi costs £710 million. Get my drift?
There are other options out there, lgen for one which pays a healthy divi. Or as I have done look at an isa with Vanguard my own being a 40/60 split.
I am not deramping this share but saying don`t keep your loyalty here if you feel neglected. I wish you all GL and DYOR of course.

Metom, Please keep your BS opinions to your self, re USA. The country spilt blood twice last century so the likes of you can spout your cr4p. IT also happens to be one of RR`s biggest customers so shut your cake hole.

CW your points are correct, long holding and stepping in and out can both make money. GL.

Falky
Always beautiful in Yorkshire mate. Had to buy a leaf blower for those pesky leaves though.
On a different note what happened to the ever cheerful Rosewall? After refusing jab I wondered if he succumbed to the dreaded bug.

Morning falky,
Don`t let the gloomies lower your normally optimistic outlook. Good advice that you gave- " Buy in tranches and never buy higher than your first buy" Inadvertently done that without realising . good stuff.

Diamondman, good post. I do think 10,000 years is the blink of an eye in earths life span.
Falky, the SMR are not as susceptible to seismic events like the monsters of the past. They are already ones similar now in use in submarines and aircraft carriers around the world. You are right though there is always a danger with nuclear. And the waste is a long long problem. But whats the answer, maybe hydrogen?

On a lighter note,
What caused the glaciers that covered Britain 5000 years ago to melt?
Second, If our climate is warming then we use less fuel keeping warm. My own central heating has been off most of the autumn.
Falky GL to you to 8-))

Fast charging is defined as 7-22kW charging, able to fully recharge most models in 3-4 hours. The required current is 32A.
On average 140 car per hour fill up at motorway service stations. service station every 20 miles.
20 KW x 140 / hour ( Takes more than 1 hour to fast charge ) at every services. How many services I don`t know but you can see the massive power needs.

Morning Falky,
When we have all been forced down the electric car route there will be a SMR at every service station on our motorways. In most villages ,towns and numerous in cities. Otherwise we just can not generate enough power. If only someone would do power calculations and and tell the truth instead of listening to BBC propaganda. The figures don`t stack up.

The good old BBC would scream blue murder if it thought it had brought "good news".

With their constant climate change agenda I asked them how many seats or planes they chartered for the Russian world cup. I also asked what their yearly Gigawatt power consumption was all under the freedom of information act.
There reply was "We don`t have to answer these questions as journalism is exempt from the freedom of information act" or words to that effect. Hypocrites. The sooner the BBC is a subscription service the better. Make them live in the real world.
.