Member Info for Bumble1968

Livestock,
Look at the property value graph and it only goes one way.
Yes they may dip at times but historically they only go up, and this will continue without huge unemployment and the population growing faster than they can build houses.
Also as property prices increase, certain portions of the society cannot afford to buy resulting in an increasing rental market.
If it is done correctly it could be a good move by Lloyds bank.

Blimey Darth, anyone reading your posts would think the worlds going to end!!!!!!!
Although I must admit the 70p this year can only be as a result of smoking something!

Theosus,
When you look at the history of property prices it is littered with peaks and troughs, but fundamentally it's always rising so you could say that Lloyds banking group entering the property market COULD be a good thing.
Especially as one of the main issues with buy to let landlords is having multiple mortgaged properties and if you never had tenants you were in trouble.
Lloyds would obviously have the resources to own these properties and not be hit if any were empty for a period of time. There is also the possibility that in 10 years time they could be worth considerable more.

Without very high unemployment the housing market is not going to crash.
Yes there might be a softening of prices, particularly in certain areas but there will be no crash.

Probably talking about court cases and MJ was mentioned.
LSE doesn't want a case on its hands!

Good old Darth focusing on the positives again!.. YAWN.
Notice you didn't highlight "fair value"
Anyway I wouldn't trust anything simply wall street say, they have one of my stocks undervalued by £48!!!!

martinhorn,
A bit extreme, yes they will need to adapt further to the digital age but the big players will always have a dominant presence.
Yes the days of a bank in every town has gone, and branch numbers will continue to receed but the big banks are instantly recognisable and as long as they provide a decent service I wouldn't switch to a "challenger" unless they really dropped the baton.

I'm relaxed and holding also, no intention of selling (barring disaster!) as this is part of the pension pot.
The issue being is that the "good news" released so far IMO is not enough to push this share up anywhere near 70p in the next 4 months.
But I would love to be proved wrong!!!!!!!...

Lti,
Yes it does but until anything is announced we will just bob along.
The minute it goes up to around 50p the traders knock it back.
The sp needs good news and the resulting momentum.
All IMO of course!

I'm with you here DC,
The only way thats going anywhere near 70p this year is with a massive special dividend announcement.

Stagecoach,
Your probably right, I will need to look deeper into it but miners have been on a bit of a boom since Covid so I will carry on holding.
£24+ is a nice price though.

Stagecoach,
Bhp shares are generally 10% higher on the ASX.
There will be a 1 to 1 swop.

Lti,
I still have a load on paper certs which I held for donkeys. If its in my best interest I will continue to hold after the exchange. Possible big divi in 22 after tie up with Woodside.
I will need to investigate further.

And a £1.40+ dividend!

You know your getting old when you notice how young people look!
Especially the police when some look like there mum has got them ready for a fancy dress party!
Our local MP looks about 12...

Lti,
Look at my post on the 11th Aug, 18.38
That will show you my stance.

Hurrah, we are now singing from the same hymm sheet.
Take 5 mins looking at my previous posts over the last couple of days or so.

Lti,
I have said that if shares buybacks are carried out they need doing continually, say 5 to 10 years, set aside say £1.5B see my posts.
People on here have said no because they don't work
I have said they haven't worked because an amount is bought back then it is stopped and for the next few years this is negated by new shares being issued.
My point re staff bonuses/shares is that if there is NO buybacks we end up with dilution because of the new shares
I am NOT against staff bonus shares, but if the people who want no buybacks also don't want dilution they need to vote against the ability of the company to issue new shares.
My history is there for you to read, go back a couple of days and read again.
I am NOT against buybacks
I am NOT against staff bonus/shares
If buybacks are done I want them done properly so WE DO NOT get dilution.

Lti,
NO I'M NOT,
Read my posts.
What I am against is buying back some shares, stopping and then new shares being issued defeating the object.
Read what I have written.
You really are coming across as a bit of a kn0b.

Lti,
You keep making the same obvious statements on my posts.
Are you not reading my posts thoroughly?
I know the score with buybacks.
I know about staff share schemes.
I am personally not against buybacks.
Anyway I won't discuss again!