Member Info for Bumble1968

SUFCESSEX,
It has the potential to be a top riser but over the years there has been a stream of bad news sending it downwards.
I am bullish but we NEED good news, NO more interference / restrictions, a progressive dividend policy and a yearly buyback to reduce then number of shares in issue.
Once the market can see this happening hopefully the long term investors will outnumber the day traders!

SUFCESSEX,
I do agree but this whole situation has "peed" me off to be honest, I can see "the Lloyds banking group" is a good investment but until we get a resumption of PROPER combination of dividends and buybacks all my free cash is going in other stocks.
Oh well, hopefully the new boss will have something positive to say!

I do agree to a point and I know that Covid is an event not seen before but the pulling of the dividend was "naughty" to put it mildly.
The announced dividend SHOULD have been paid then any further payments could have been held back until further notice.
I invested quite heavily here with the original resumption of the dividend, and I fully intend to hold into the future but that decision has made me question the holding of bank shares, in so much that the Government COULD repeat this every time there is an issue / recession etc.......

casapinos,
I know exactly what happened but a company which the government holds no interest should NOT have decisions forced upon it whether good or bad.
As the government was underwriting some loans I can understand a little pressure BUT it should be the choice of the company whether it can AFFORD to pay divi's or not.
We are still in a democratic country are we not?

Nuri,
Yes you are right, but the banks were, and still are making good profits and the only reason why dividends were not paid is because they were "lent on" by the government / BoE...
This should NOT happen.

Stagecoach,
"Where will Lloyds share price go from here ?"
Until we get an additional update I suspect it will "bounce back and forth whilst the share is day traded to death"

Cheers Falkland,
If you're right I owe you a pint but I still think a touch optimistic without further updates.
Anyway enjoy you're weekend also, regards B

Falkland,
I have a good holding here and I'm pretty bullish on the stock but without further announcements I think 60 to 70 here in 21 will be a struggle.
Either the new boss will issue a statement putting a firework under the SP or we will bounce back and forth 47 - 55p until the next results.
I am happy holding here as for me it has always been a long term hold but we need a spark to get money flooding back in, IMO of course!

Learningtoinvest,
This as far as I know isn't correct. There was a statement saying this money would be returned. I haven't the full details with me as I am out but there was a statement.
All in all really good figures but the results update hasn't done anything to inspire an influx of long term investors rather than day traders...
I will continue to hold but I will not add further whilst I can gather greater yields elsewhere!

My statement still stands, I am "a bit disappointed"
A further statement will hopefully be made in the upcoming months, please see my second post last night.

Although I am looking for income I would also like to see growth.
I know buybacks are not popular with everyone but with low interest rates future growth is hampered, I would like to see a sustainable dividend and £1.5 Billion set aside each year for buybacks, If Lloyds tackle the issue of the 70 Billion shares in issue and properly attack it, year on year, we may finally see some proper share price growth!

Haven't had time to fully digest today's update and although the figures look very positive I must admit that I'm a bit disappointed with the dividend announcement.
They have played it safe, and in a way you cannot blame them, we will have to wait and see if there are any further updates once the new boss takes over.
My "issue" is that it doesn't encourage people to invest in the Lloyds Banking Group, I stopped putting further funds into here once the dividend was withdrawn, and although we know that it will rise today's divi has NOT made me want to rush out and buy more stock.
We will probably be back to the non stop day trading of this share, rather than an upward push....

Postman,
So would I but I keep looking at the Cayman GTS, 4 litre, 400 bhp flat 6 and over £30k less than a Carrera S, one day, if my (Pirate) ship comes in!

Nice to see that "Darth" is nice and positive, must be looking forward to tomorrow!..
moore,
Opening tomorrow? 49p? Could be a good shout,
I'm anticipating a 1 - 1.15p divi so we could be in with a shout, not long now thankfully!

Longtime,
If you look at "fools" history he's full of useful analysis!

Everyone just needs to ignore the noise.
The Pink Flamingo thinks he's a "big time trader" but he's nothing more than a troll / ba.ll5hatter.
If you are confident in you're research iust sit back and chill.

Just ignore..............
He is taking over the board, again!

The current clown seems a bit like someone before?
Sorry if someone has already suggested this as I haven't had time to read the posts so far today!

I think I could find better uses for that $8million!

Longtime,
Yes, some of the .com valuations are outrageous but many are based on what could happen rather than today's picture, isn't WISE a prime example of this at the moment?
Now I'm not comparing Lloyds with Apple for one moment but if you look at what Apple are doing from a position of strength it shows what can be done.
As soon as potential competition offers something that Apple don't or do it better, they buy them up, obviously Apple are a global brand with unbelievable levels of "cash in hand" but it shows what can be done to protect your brand.