Member Info for Bumble1968

He's being a tool (probably)
Bloomberg show the price as 19.2 where Google's indicating 20!

Livestock,
At the end of the day if we get PUKKA dividends going forward and negligible sp growth then ok, I'm happy to take the dividends.
I don't look at the sp every day but I'm just sick of looking at the charts and seeing it getting traded to death.
Roll on next year and the 3p+ dividends!

Wids,
No it wasn't, that's why we're still sitting here with 71 billion shares in issue...
Brixton,
So do I, my point 1 was a strong company, I do take risks but when I'm investing tens of thousands of pounds in various companies I do try to make sure there not going to the wall!
Disinform,
So would I.

MT will be sold!
IMO

Wids,
There is only so much expansion lloyds can do, credit cards, Insurance etc, growth can be achieved but it will be a relatively slow process.
If we want to see share prices north of £1 anytime soon it will have to be achieved with the help of buybacks.

Emotional? I don't think so, I invest to make money, no other reason, and I want to see,
1. A strong company
2. Share price growth
3. Dividend growth
Share buybacks when done correctly lead to Share price growth.

Wids,
It's no good buying back a couple of billion and then issuing new ones for bonuses etc, it needs to be done properly.

Yes the cash is nice but once that money had gone out to shareholders the company is back to square one, yes pay divi's but reduce the shares in issue.
I can assure you that I am thoroughly paying attention, lots of doom & gloom merchants about!
I am quite bullish on both Lloyds and the UK economy but we will see.....

Wids,
I disagree.
If a buyback is done correctly it can be beneficial to the SP.
Lloyds NEEDS to set aside £1.5 Billion a year, and every year and take 20 billion shares off the table.
With a say a 10 year plan of a progressive dividend policy and an aggressive buyback programme we could see some proper share price growth.

Onassis,
Do you have any evidence to back that statement up?
I think we will continue as we are for as long as it takes and when THE rns drops it will go BOOOOOOOOOOOOM!

EyeQ,
The market is pricing the share where it is today, and you could say that it is unattractive because of the uninspiring dividend and no buybacks.
The question is do you think there will be buybacks soon and a big increase in dividends?
If so then the current share price could be very attractive as the lower your entry point the greater the dividend yield.
The market generally prices on news.

mugwump,
There's good and bad out there, what people need to do is TRUST NO ONE WHEN IT COMES TO MONEY!
Many people give hundreds of thousands of pounds to people to invest with little or no research and then cry in the newspapers when they've lost money.
Research is your priority, invest wisely, build a portfolio over time, reinvest dividends.
Financial planning SHOULD be taught at school.
Anyway time for bed for me, goodnight all and see you tomorrow!

TC101,
You hold other shares so you know what you're doing.
Be careful with financial advice, as GFD says it's better than it was but you need to watch that you are not sold something that you don't really want.
Look at the Google charts for various shares, it will show you the dividend yield.
Also don't be afraid to spread risk over sectors, so if you were buying banking shares get say £5000 of Lloyds and £5000 of HSBC, but obviously DYOR

TC101,
Cash savings are a waste of time and in the real world devaluing.
I would keep a month's "float" (min, preferably 2) then look at investing the rest in large cap dividend paying shares, BUT SPREAD THE RISK.
Let's say you have £30,000 savings, split it into 3 and invest £10,000 over 3 sectors, but you can obviously adjust this to suit.
Pharmaceuticals, mining, oil & gas, banking all have a long history of paying dividends, you just need to select the right companies for you.
You should quite easily be able to achieve a 5% yield on these investments.

Faulkes,
Every other car a Tesla? Maybe in Central London.
I would put my money into Hydrogen fuel cell manufacturers / mining companies (pgm)
I believe the future will be a combination of the two.

SUFCESSEX,
I am a long term holder of BP and although I haven't had the opportunity to thoroughly go through their results as far as I know they fully intend to keep pumping oil and gas from the existing profitable fields for the foreseeable future whilst pushing future capex towards renewables.
Oil and gas still has a very bright future (just Google how much oil is used in general day to day products, like tyres) also the rush to EV's won't be happening nearly as quickly in third world countries.
Although I will think twice about putting further monies into BP I am happy to keep holding and collecting those quarterly dividends!

Mac,
I think that the deal is done, with what we do know and with Dmitry spending more time on twitter etc, I think it's done, maybe just waiting for that last licence or signature.
We will see but I am very confident now....

Whoops!... SAIL...

Tilly,
Is that true you've kept an old pair just in case you lose the main sale?

£0.0067, so .67 of a penny.