Member Info for Bumble1968

spights,
I'm bullish here but 700p?
I think we'll need some clarification on Rosneft, the future, etc etc before there's any chance of that.
I think the tea boy has "had a go" at Barclay's this morning!

Victor,
I'm old (ish) and I don't mind buybacks but in my experience they are always a half hearted affair which never really attack and reduce the core amount, but we will see!
The issue with no buybacks is if shares are issued each year for pensions and bonuses it results in dilution of the SP, and what else does Lloyds do to say double its share price?
It will be difficult to grow that significantly without either a major merger or acquisition or a risky expansion abroad.
Probably easier to target moderate growth and share buybacks?

CSD,
I bought LBG at the end of part government ownership because to me they looked like the ideal share to buy cheap, put in the bottom draw and collect the dividends.
Hopefully big profits will allow them to buyback huge numbers of shares over the next 5, 10 or 15 years and although the heady days of years gone by will probably never return it would be nice to think that this will at sometime be £1.50 a share!

Lti,
What you're saying is correct but if buybacks are really going to have a positive effect on the share price LBG need to carry on buying back every year.
No good carrying out a buyback, stopping and then starting to issue shares again for bonuses and pension schemes.
Taking 20 Billion shares off the table will definitely help!

Zac,
Because if they didn't conduct a buyback any dilution from issuing shares for pension schemes and bonuses would be far greater.
Buybacks will only work if they keep buying back, quarter after quarter reducing the share pile.
Get it down to 17 B, then 15 B and we should see some proper SP growth.

Livestock,
I'd take that 71p SP now, a 50%+ uplift from where it currently is.

Bubble,
This week, EX divi the 7th, Record date the 8th

Bubble,
As far as I know the UK is still buying fish from Russia, there's just a higher level of import tax on it now.
I live on the coast and it's the excuse the chop shops are using for putting up their prices!

Tiggrrr,
Yes, and for me it just reinforces the case of J.V's or better still being bought up by one of the "big boys"
The mining boom is definitely for real though, really interesting times ahead!

Interesting article posted on twitter!
https://www.smh.com.au/business/the-economy/get-ready-the-mining-boom-on-steroids-is-coming-20220331-p5a9qp.html

Elphi,
And BP don't set the price, they just supply the market and it sells for the going rate.
The UK SHOULD have secured its future supply years ago rather than pushing through folly's like HS2.
People need to ask why electricity is going up massively today when apparently so much of our supply is now green with the use of wind turbines etc????

We all want a strong and rising share price but I do have a degree of patience with LBG as they were purchased to supplement my pensions, when I get them, and I do not have any intention of selling them soon.
Which is probably a good thing with where the SP is at the moment!

LTi,
I wouldn't mind if they go down a bit in April.
Planning a bit of shuffling and this time I will probably add a few LBG into this years ISA allowance.

Hardup,
You are probably correct but the fact remains that the prices of many metals, Copper, Nickel, Cobalt etc are only going to go one way with the "green revolution" and even at today's inflated SP's its possible to yield 10%.
This is not a mining "ramp" just trying to point out that Lloyds is not one of the best.
I do and will continue to hold here because ONE day I'm expecting the SP to climb!!!!!!

Mr.Investment/Theosus,
A better option would be to have a diversified portfolio spread over say 3 sectors therefore limiting your risk to individual sector swings.
And "one of the best and safest dividend stocks out there"
Not sure about that, it certainly hasn't been helped by Covid and the external interference, but time will tell.
I would suggest some of the mining shares are better bets!

Wolfie,
If there was a single buyer, with no other interest/offers they may well be trying to renegotiate the price but,
This war will end, these commodities will most definitely still be required,
Whatever the result you can guarantee someone will be waiting in the wings,
China maybe?

Roger,
I've missed your cheerful posts!
Are you actually invested here because every one of your posts is OVERLY negative?
As for money POW is nicely funded and the whole point of the IPO's is to take away funding issues.

Powerful,
"At the moment the smart money isn’t buying shares in this company"
Not sure about that?
Lots of money flowing back into Russian stocks but I would suggest its "smart" to already be in here especially with the SP where it is at the moment.
"Keep your eye's peeled" is the PJ quote,
It could be an exciting time to be invested here.......

Chid,
The benefits of hindsight,
A wonderful thing!
When Lloyds removed itself from part government ownership and reinstated the dividend the future was looking rosey,
It still is but the joke of PPi, The Brexit debacle (which our elected politicians did not want to carry out), Covid, day traders etc etc has definitely hampered the growth here, to say the least.
Lloyds was further damaged by the government/BoE/PRA "leaning" on them and pulling the dividend.
This also shows why you the importance of a balanced portfolio and not all of your eggs in one basket!

Lots of "chatter" of falling oil prices, especially as there's peace talks going on, and we all want peace,
But let's not forget the oil price is still $30 a barrel over what are considered to be good prices. (Wti $75/Brent $80)
That will all equate to a stronger bottom line and some potentially great figures in May.
With peace in the Ukraine will also bring some clarity to the Rosneft situation.