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like so many 'no brainer' aims, all have their early resident, knowledgeable, polite, and eloquent subtle ramper.
anyone disagreing, or questing such is quickly met by those taken in by the ramper, who does not need to engage in abuse, so still appearing legit.
we had/have on on here.
whilst the board has 'skin' in the game, they also have years of a good salary to counteract any 'loss' on their invested capital, paid for by shareholders.
so, for me, jury is out, and not surprised as most all aims are 'no brainers' with a simplistic *** packet calculation used to draw suckers, in, along with prices many multiples of what it currently is, with other subtle rampers then halving the wilder speculation on price, to 'appear' legit as they know most suckers would be more than happy if their halved speculation price ever came to fruition.
it rarely does, and just drops ever more until in the ten's of pennies price.
i asked a serious question on here early on.
why has an american company not 'discovered' this alleged mass potential of the mining area?
whilst a stable country, the costs and more importantly the health and safety, litigation, and wages and plant are very high, and as with the uk a bunch of lawyers, or us gov, happy to aid any american citizen should the foreign owned company be deemed to breach any of those issues.
so, i only invested a little, after promising myself before never to invest in aim again.
so only myself to blame should, as i fear, this end up more diluted, despite claims otherwise, than the girl guides fete orange squash.
clearly a nice, friendly, informative board gives a sense of trust and stability.
as the latter wains with the share price, so will the former.
good luck all, for we will likely need it imo
I thought you never entered the comp?
I assumed because your greatest fear, of a once in a lifetime happening may occur, in that you might just be proven wrong!
No, I know you have millions and likely give to charity, so I guess a tenner is too trivial to mess with.
Your input on here must be like when Celebs, go on TV shows such as "Who wants to be a Millionaire", and are playing for fun rather than need. I guess the whole game then takes on a very different meaning.
We will never know how it feels as you won't to be poor, hence likely the disagreements oft errupt.
We all live as we see fit though and mostly the board gets along if a little heated over some issues at times.
Re: " Its strategic retrenchment away from retail banking has saddled the firm with losses as it finds buyers for unwanted operations, and its exposure to commercial real estate has resulted in write-downs as well."
Lucky Lloyds isn't only a retail bank, and has no exposure to commercial real estate, so bodes well for us on results day...NOT
Homes are easy to rent thanks to the UK attracting the worlds flotsam, who we all pay to put a 5 star roof, or even a deck over their heads, but not so commercial real estate, costly to insure, costly to keep vandals and thieves out, and not in demand unless to house more poverty struck benefit takers after very costly alterations.
Still at least the lower guesstimates will be deciding the charity for Mr Meerkats comp. Who ever would have thought that?
Can't help wondering how long it will be before the BBC and other media have scoured and scrapped up any information adding to the undoubted negative financial effects which are known over the Palestine issue.
Soon I expect the underdogs will be our 'bestiees' , we will be taking in countless, and shortages of most everything will be 'blamed' upon supply issues due to war in the Gaza Strip despite the only Gaza strip item known in the UK is Paul Gascoigne's shirt.
So, yes, the lack of fall in shares at this latest skirmish is likely temporary, just need the media to find enough info to justify the next leg down.
The BBC will show harrowing scenes from Gaza of the injured young and elderly, (omitting any terrorists) with moving background music, and the UK public will feel grateful for queueing for hours when attending their doctors or hospital appointments, which in the case of hospitals they have already waited months or years for, when comparing their 'lot' in life to the victims, not realising that acts of kindness come at a price which 'they' not HMG or the wealthy will pay.
So I feel that the 'new skirmish' is yet to be 'priced in' to shares, as a God given 'reason' for an unpopular Gov to 'blame' outside events as the next Winter of discontent is yet to arrive.
PS I vote Tory, but have feel they are now too lefty.
Brixton, imo, which isn't worth anything as shown by other posters attitudes, but at least I have been consistent in assuming that Lloyds is going nowhere fast for the shareholders, then, my take on it is, as HMG still hold a large portion of the shares, then they will do all they can to keep the value of the shares from falling IF possible, especially with an election coming up soon.
As LTI constantly reminds all, the 'market' decides the 'value' of a share, BUT the market is the 'investors demand' and that demand or lack of, is influenced by news, results, expectations etc. So it is not beyond reason that news can be faked, twisted, held back, manipulated, etc if one is powerful
So as a wise investor said many years ago re Lloyds " The time to worry imo, is WHEN HMG gets out, for then, no longer shooting themselves in the foot, when draconian measure are then implemented by HMG on banks.
That could still hold true of NW, so may be safer there for the time being.
But only a 'view' as not like the other perfect investors who despite LLoyds being lower than years and years ago are all doing well with it. So read and ignore imo.
Gazz, and if true, I am certain that the fate of the Jews would have been far worse if Britain hadn't 'kept the USA and Russia onside, and the Germans had had their way.
Real war is complex, not like watching a film, hard decisions have to be made, perhaps being on the defeated side gives all future generations a bit of a complex.
Anyway great to see a buy recommendation, now thats done us a lot of favours this past 15 years.
Take off years of inflation, not just double digit, and billions in buybacks, and to see Lloyds at pence levels is disgusting
Yet what other 'arrangement' would have been acceptable to all sides? NONE. So don't try to imply that Great Britain as it then was, didn't try to do the right thing for all people.
Most after years of a WW, like we have to the Germans, and Japanese. would have been grateful just to have peace
So try blaming races other than the British for we have been more than tolerant, and, imo, overly so, hence inundated with the worlds, downtrodden, unfortunates, chancers, and now illegals, who by arriving illegally clearly will have no future regard for our laws, our people by burdening themselves upon all, and all too often laws are abused to the highest levels once safely here, showing no respect for being given a safe, decent land, with every right of the indigenous people who, imo, naively allowed such to happen.
Decent people would live a squeaky clean life in a self adopted country, to at least the first generation of settlers, IF only all did.
I have noticed you take any chance to dis the British people, race disharmony works both ways you know, or should do.
Lloyds no doubt , despite being the UK' based bank, will no doubt drop more than others over this, but perhaps the next influx of war refugees will keep homes hard to obtain for the British and hence keep the prices steady. Every cloud..
Imagine if we still kept on blaming the Germans etc, reviving old issues long before most of us were born. Instead we are brainwashed into believing that it was 'all' Hitler's fault, one man, who 'forced' an entire nation to do the most terrible things.
These non Europeans need to
I am proud the hear that Lloyds has Mr Farage as a client.
Now await the outcry if some recent, illegal addition to our swelling population is not treated with the same welcome.
Yet, on the downside for Lloyds, and perhaps other banks, very recently I was sent an email from Lloyds, saying my credit card, which I have held with Lloyds for well over a decade, wasn't going to be renewed.
As it is the only cc I own, I questioned this, but the reply both in letter and via phone said, they could not give more information.
So I logged a formal complaint and said if such was not resolved I would take it further.
I was offered a few pound compensation but still refused to renew card.
So I told them I would contract bank ombudsman as I had never been in debut, always paid my card up in full, and to me, it is morally wrong to force people into debt or have their card taken from them.
After then being given a choice of a deep fiscal review of my incomings and outgoings, the card has been re-instated.
A poor way to treat a long standing customer, who yes, is not making Lloyds money by 'not' having debt, but the card should be available to all, not just those who pay a fiver and are on the hook forever.
If only Mr F was PM, this country would once again have faith in itself and its people.
But being a wise man, perhaps Mr F realised that life is too short to battle for something the woke world will never allow to happen as the public are brainwashed with BBC spiel, sad stories, ignoring the vile truth of those they happily defend from laptops sat in their leafy lane Cotswold Manor houses.
Certainly fortunate we haven't additional people arriving to find work for, as unemployment rises, and AI adds to the future dole queues.
Still those at the very top can always buy their way away from such ills, so not a problem..... is it?
Imagine just how low we would be without the buybacks?
I would likely be the winner of Meerkats comp, IF it was Dec.
Who knows could still be as the long bitter Winter of less spending, less holiday makers here but more freeloading flotsam costing all dearly, more strikes, larger heating bills which will finish off many businesses just hanging on atm in the vain hope of Summer trade boosting sales.
This poor Summer will add to the speed of the decline now.
Lloyds has had it last hurrah, when interest rates rose after a mortgage feeding frenzy post Covid forcing house prices higher. So higher margins and property on its books has failed to lift the s.p as hasn't buybacks convinced the market that we are now worth more.
Now comes the long but steep decline.
With Labour certain to sadly obliterate the Cons, even more stealth taxes will hit banks, as someone has to house, keep and feed the growing number of arrivals, and when they all multiply, God help your children.
The sad end of a once great nation, who can't even boast of its past unless pretending to 'feel nauseous' with shame thanks to modern politics and PC brainwashing.
See reality for once, even if it hurts.
Check out what your assumed 'investment' would have bought you way back when, and see if you really are doing well.
Whilst one at least is, the masses I wager aren't.
...take on what CEO's truly concern their thoughts toward shareholders likely is:
"Many years ago I was on a course run by a couple of big hitters from the London Business School and one day The Professor posed the question "what is uppermost in a company director's mind". We came up with the usual naïve drivel about profits etc etc and he said "you disappoint me gentlemen-the answer is himself. Expensive Wife, 2 kids at expensive boarding school, social façade to upkeep- himself Gentlemen, himself!!!"
He never spoke a truer word."
The passage above was copied from the Aviva bb.
Like most of us we only pay lip service to the plight of others, and the richer and more arrogant one becomes, the less they care it seems for their shareholders, as the understand more beneficial to them better pleasing those few 'above' them, (HMG) than the millions of minnow shareholders below imo.
Lti, Re: "what would the share price be tomorrow if Lloyds did a split at close of play creating an extra 11.5 Billion shares?"
I know you are expecting me to say around 7p less, if all else stays the same, BUT as you also, and more correctly say, 'The Market' is what places a 'price' on Lloyds.
So if 11b were added, then clearly huge sentiment would come into play, and likely make Lloyds far lower than the 7p it ought to be 'priced at'.
Proving the point that buybacks on paper 'should' give a certain KNOWN price addition, but in the real world they don't.
Sentiment of the MARKET which DOES price up Lloyds shares, may see buybacks as weakness, the board running out of ideas, it may see it as being more beneficial to the directors rather than the shareholders, so MAY not, and imo, WILL NOT price in the 'alleged' expected value in full, and likely NOWHERE near the 7p into the share price.
A fading pop star doing a gig could buy up half the thousand tickets he 'expected' demand for, but that would not make the 'then' halved amount of tickets WORTH double, as the demand, (ie the market) as you keep saying 'decides' the true value.
YOU can't have it both ways to suit your argument, but no doubt will.
No more from me, as IF anyone has common sense and not just LOOKING to discredit my posts, they will know what I am driving at.
Whilst on paper it may well ought to be 7p less without the buybacks, in the real world, I truly wonder if it would be.
I understand that less in issue means larger share of profits per share, BUT, as the market decides the share price, the BOARD decides the sum of div allocated to shareholders.
So, as I have said too many times, there is NOTHING to stop the board 'paying out' EXACTLY the same sum to shareholders from the profits, with our without the buybacks, and using the extra profit for their or HMG paymasters wishes.
So with general world, UK sentiment dictating the day to day or hour to hour share price by the market, and the board deciding on the amount of div, then I do doubt that the shareprice would be very much different without buybacks, and IF that 7p had been returned in the form of a dividend(s) over the time period, I would be far more content.
Can't be bothered to disagree for countless posts, not because I am wrong, but it's boring to all otherss and neither of us will 'see' it any different.
So Lloyds share price floundered with low interest rates, and still flounders with high interest rates.
Its share price floundered with low property prices and never grew as property on its books hit new highs.
The buybacks have not lifted our wealth, as the market prices the share, and the whole investing wise world except a few on here sees Lloyds share price as not 'worth' any more, despite billions of buybacks, high interest, high property prices, and MOST telling of all, even double digit inflation making each pound we own worth so much less, have not lifted the share price, making your 'perceived' break even point, seriously lower in 'worth' now, especially if a long term holder.
So traders may consider it a fair play, those who bought in during the 20's can't grumble too loudly, but for most holder IF honest, it is a dire share, and seems always will be.
Now even more so as a 'capital safe' bank account pays more in interest than the div, which seeing how this always struggles to rise on 'better times' but drastically falls on any world scare, hardly makes it attractive to new buyers in such uncertain times.
A massive mistake buying and holding this, and the future looks to be equally fraught with the almost certainty of Labour Gov, more draconian measures for banks 'regardless' of who is 'in', and a swelling population of dirt poor, requiring everything, all paid for by others, with a Gov with no means to do so, but are FULLY aware of companies making profits who, due to past bank bashing, will be fair game in their and the publics eyes to 'raid' for evermore now.
Suff, the buy back 'hoover' has worked so well so far.....hasn't it?
Looks like we need a larger bag.
IF it has 'worked' imagine how low we would be now without such.
With inflation and IF taking such buybacks into account it hardly would then paint Lloyds as a huge success story with a far lower price than it dismally is now.
You all need the truth pointing out now and again, otherwise it tends to be brushed aside.
A long hard Winter of discontent yet to come, so likely the winner will be closer to the bottom than even the middle.
Anyone suggesting Lloyds would STILL be floating around at this level a decade and a half ago would have been laughed off the bb.
But it is where it is, and that is 'with' years, not just current double digit inflation which ought to have increased its share price if 'all else' were the same, so clearly they aren't and so an dire performance and just a buffer zone to fund the feckless to prevent wide scale debt which the Government since allowing in the world, cannot hope to house defaulters on mortgages but know a lot of shareholder who will.
If you are richer after allowing for inflation and your wealth now exceeds what it would have done by just having it in bonds etc, then you timed it well, but for many this has been and will be a decade of massive loss if holding Lloyds, unless buying at the ultra lows.