The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
... to show the wheels have fully come adrift is the most desperate shareholders saying they are going to form a group and ask others to join and donate to 'sue' someone.
Sadly many many 'no brainer aim's' end this way.
Greed, liars and investors thinking and telling family and friends that they have bought into a no brainer share, afraid to admit they were wrong earlier as in too deep is the likely cause of misery for many. I wonder if my aim PXC will end the same way, have had some worse than this QPP Quindle. and many others. Never again. Learn from this.
Admire the faith, or perhaps I don't. Yet imo, it is not only pipes that have leaks. All info on any results day has to be collated and published. A leak of such is as easy as a ping on a phone now.
Seems at best stuck with feeble div, buybacks and more money set aside money to mitigate costly damage by the most charming people on Earth who spread their misery to all nations one way or another.
Nuwanda, whilst I have no respect for the Tories now, we have yet to see Labours contribution to our Nations fate.
They are very good at spending money, and as we know, it is the easiest thing in the world to spend other people's money.
They are seemingly more PC than this useless shower and I foresee an amnesty being given to most all immigrants to clear the backlog.
But as stated I think this could be a 'way out' of the political mire for the Tories, as they know that Labour will almost certainly make things worse. Hard to imagine I know.
I do truly wonder if nothing has been done about the masses of illegals as the Tories know that immigration concerns were one of the highest reasons many working class voted to leave the EU.
So by doing nothing about the massive immigration problem, come my 'predicted' vote of no confidence in Labour Gov after three or so years, the Gov then know that those of us Brexiteers can't 'use' the amount of immigrants arriving each year as a reason for not having closer ties or a 'soft rejoin' type deal with the EU once again.
What I am suggesting is the Tories may have deliberately turned project fear into reality to allow a Labour Gov to trash the country, so they can 'ride to it's rescue but only if we bow and scrape to closer ties once more, and we won't be able to give any reasons as to 'why not' as the Tories will have not allowed anything positive to have occurred since leaving.
Most won't think that deep or care, when jobless, homeless, genuinely poor, which I think will happen under Labour, but I have lost my respect for the Tories now, too soft on immigration, and the workshy, on part time parents who work a mere 16 hours a week, get all their rent and c.tax paid, are paid thousands a year in u/c to make up their wages, then claim free school meals, prescriptions, dental care, school uniforms, school transportation, etc. So working HALF the week are better off than many now doing full weeks work as they have to pay for all the above fully. Yet still whinge they are in poverty as shame is long gone from such people now. All about being 'entitled' the only title I would give is 'spongers'.
Suff the buy back has failed to raise this share price, so why wish for more of the same?
Whilst we all KNOW that less shares for the same amount of money being 'DISTRIBUTED' will then give each of us more, what 'IF' those doing the 'distributing' have, as they do have, full control on what is 'deemed' as profits and USE the fact that there is then less shares in circulation so they can 'cut' the amount given from the pot to the remaining shareholders and 'use' the saved extra cash to keep for themselves, via expenses, pensions, or, as is more likely, use that cash to do the Governments dirty work by stealth taxes such as the car finance, etc etc?
Just because a company 'makes' a fortune, doesn't mean it is going to just give it to those share holders, when other means may be more benefi
I think you will find our full daily flotilla can't reach there without an ice breaker, so as the polar (no pun) opposite of the UK's woes.
As we are told many times with Lloyds buybacks, the LESS of us, then the LARGER the amount to be shared out to the grasping hands.
Clearly works the opposite way too, and works equally well when talking about numbers of people as well as of shares.
And there heating bills must be high, although somewhat mitigated by freezer only consuming energy by the light bulb when you open the door.
What have I missed 'between the lines' of the report to drop this around 5%?
Surely those charming beings who seem trouble wherever encountered can't be fully to blame for this?
As, despite others regurgitating the same old rubbish, I get chastised for doing so by the 'old school' posters.
BUT
I think the Tories who like most parties and politicians never wanted to leave the EU because it suited them to be 'in'.
The vote was only 'given' after a relentless campaign of project fear, in the hope that voters would choose what 'they' wanted us to do, as did the then POTUS, and remain in.
But whilst most of us being true Brits would not be bullied by fear into voting, we choose to leave.
Then the Tories were left with a huge issue, as to 'not ' carry out a democratic vote choice would damage their party and the UK's reputation of being 'democratic' forever in the eyes of the world.
So they tried to soften in with May's weak 'leave', and when the public saw through this, and Bo took over they had to carry out the 'wishes' of the great unwashed but most MP's on the EU gravy train wanted to keep things much as they were.
So what to do? Ans, wait until the next G.E, ensure you loose, allow Labour in to take most all of the 'blame' as after several short years they are certain to ruin the economy even more, THEN, ride to the rescue of a battered and desperate public by forcing a 'vote of no confidence' in the Government.
The public weary of cuts, more jobless, more imm's, etc etc will grab the chance for change and the Tories will promise such, but ONLY by 'us' having far 'closer' ties with the EU, but likely, imo, not actually re-joining but as near to as is feasible.
That way, democracy is 'seen' to have been carried out, the Tories can 'blame' Labour for most of the ills the UK faces, and the Tories get their snouts back into the EU feeding trough.
The public still can feel we have left, but as HMG did with Lloyds when selling up, they are still there in the background pulling the stings to raise the hand or operate the mouth of the puppet as 'they' see fit imo.
As the EU had project fear to try to sway the public to agree with their wants, but failed, the Brit public had years of 'bank bashing' from HMG, to soften it up to then allow HMG to impose stealth taxes, PPI, car finance etc with the greedy public happy to agree to such freebee's.
In these 'situations' THINK what YOU would do, IF you were them (HMG) and remember that 'world' politics as in what the world want, is bigger than what HMG want, and certainly a lot larger than what a few Lloyds share holders want.
We can't have the pleb's deciding their countries fate, as we are rich posh, and know better. Let's hope they do.
Lloyds is being sued of alleged fixing of Libor rates. So with the Car finance, the mortgage linked to property price action, a likely Labour landslide, WW3 getting more likely each day, and millions of extra people filling our land, many of whom will be unlikely to wish to fight along side us all, what's not to encourage buyers here?
STP, yes I am well aware of our wonderful history.
Certainly there are past deeds as they have been for most long established countries which 'looking back' now, seem to have been wrong.
But I never did such, you didn't, neither did my parents. So just how long do 'we' have to feel guilt which we had nothing to do with, AND the fact that every other nation worth it's salt were doing similar, as with the French Empire, German Empire Dutch etc etc.
IF we 'hadn't have taken lands, they most certainly would have done. So the outcome for those 'oh so charming' people would have been the same, and likely worse in some cases.
Also are YOU aware of 'their' history and wrong doings? I am sure you are for you certainly don't have to 'look back' anywhere near so far to read up about Idi Amin, the African Congress party hacking the breast off of women, Pol Pot, ISIS and if you wish to come closer to home, the Rotherham and Rochester 'gangs' NOT individuals, but gangs of men choosing JUST white young girls.
So in your blinkered and messed up mind, that's all fair game as 'we' as invaded their lands decades ago, so our children must now be punished for such? You are as evil as they imo and should be more than ashamed of your views.
Do you really think each one who shoots, stabs, throws acid into faces, gang rapes, runs over people, places bombs here, are ALL doing so 'because your great great Grandfather was 'ordered' to invade?
How come we have forgiven the Roman invasion, the Germans doing the most terrible things in modern history, same with the Japanese.
NO, these late arrivals are 'using' such old wrong doings of the UK to try to justify or mitigate why they carry on as many do here, and thick people like you fall for it and support this lie.
Thankfully many are now starting to see it differently for as with a fast driven motor car, if you veer too much to the left, sadly the only way you can prevent a terrible incident occurring may be to swing hard to the right.
So again, people like you are forcing the pubic to support such, which is as equally as wrong as allowing our country to be forever 'guilty' and to put up with any vile behaviour because of what 'we' once did.
Well I didn't and wouldn't have neither has anyone alive today in the UK, so get over it, or don't come to such a land full of vile people, BUT they still will, every day, so maybe they are coming for other reasons than a revenge.
Maybe they are JUST using the past to their advantage, and soft, wet people like you, along with those who gain from higher land and property prices by having a NEVER ending stream of dirt poor but future home takers, along with those who gain from illegally employing such and lawyers lucratively involved in their cases have a vested interest in continuing seeing our land filled to over capacity with the evidence of overcrowding, crime and growing poverty and homelessness NEVER effecting them with private health ed
stp, this may come as a surprise to you, but all these 'saviours' of the british people arriving illegally or legally for that matter, will all age too.
so you should be asking who will spoon feed them?
i assume your 'solution' is to then bring in the rest of the third world or have 'their' numerous scattered offspring to do the spoon feeding and wiping jobs of the british like slaves or servants of old.
if so, i find that even more 'insulting' as it indicates that such people are less intelligent than us, which they are not, just imo more crafty, and so if you weren't inferring such then why should 'they' be willing to do such menial tasks forever, when the indigenous are not?
imo, the truth is, the first arrivals may be willing to, for a short while, until 'feet under the table' and once a child is born, the right to stay then a certainty, they will do as many of the latter generations of earlier imms have done, they rebel against the uk for what they see as 'using' their parents, grandparents etc as just what your view of them is, to be fit for lowly jobs, and then these latter generations turn against us, choose not to work and often turn to crime, hence the news and our jails are full of such now.
and that is with the media forced to show them in the best light as possible now.
no wonder our country is struggling, and to me, it is not mere coincidence that since the vast arrivals we are now sharing the overcrowding crime and poverty which ironically some came here to escape from.
perhaps their is a 'link'? but it can never be said by people of authority as the race card is stronger than law, common sense and what our eyes , ears and brain tells us.
so let's home trump gets in, for he is the only one who can tell it like it is, without fear, and without vested interests as he is wealthy and has no hidden agenda to say other than what he sees fit to do.
if something isn't done the uk will sink further dragging lloyds down with it.
when the workers were keeping just our own claiming free rent & c.tax and funding their childrens education and health care is was 'just dooable' now we are doing so for the thrid world, the system and country cannot cope.
don't see it as a race thing, but a fact. be the same if every british ex pat came over and suddenly demanded a free home and care, but most of them bought a home, and took a pension, but our arrivals come with nothing and take everything. big difference. see it, take off your ****** hate blinkers and admit the problem.
Stage
Don't go saying things like that on here. The band of 'ever faithful' will think that the savings in staffing costs, will be coming our way as 'A special divi'.
And when Lloyds engage in AI that even the CEO will be signing on, and we will then be sharing 'his' salary and bonus between the, by then, handful of shareholders due to all the buybacks, and we will all be rich.
Like punters on the Dragons Den, figures, evidence before their eyes, and flaws pointed out still don't convince those who have fallen in love with their business, even when if fails completely I imagine they are still telling their families and pals, its the WORLD which is wrong and out of step, not me
Because imo, this bank has been and will continue to be used by whichever Gov sits pulling the puppets strings from no 10.
HMG have done well from banks being sold off to the public, all the taxes gained on buying etc.
But although seemingly privatised they are imo, still under strict, if not even stricter control from HMG than pre selling them to the public.
So now HMG can ensure the CEO and top brass keep bonuses, huge salaries intact, even when they ought to be the ones who take the 'can' for any mistakes, or more accurately any trumped up 'mistakes' the bank has made. But these board members are not faceless cretins to HMG likely went to the same schools, and move in the same circles as HMG, so they will never suffer, only the vast shareholders.
Likely the important large holders are pre warned, that is when the share price starts falling, and then, likely that someone in this 'privi of knowledge group then 'sell on' this info. once safely out to other large holders speeding up the share price drop.
Eventually we will know what 'real' reason the share price has fallen so much so soon, but those large holders already out would, imo, have know far far earlier what has been decided.
So I expect after more falls into the thirties , and nearer full results day, the share price will be ramped up a bit, only to tail off just a few trading days before the 'announcement' .
Tories are finished imo, UNTIL Labour fully ruin the UK's economy, and then will demand a vote of 'no confidence' and the Tories will ride to the rescue to a battered, tired public who thought 'these' were the bad times, but this time with the Tories saying the 'only' way out of the mess is for the UK to negotiate a 'new deal' with the EU, not a rejoin, but resembling it, in every way otherwise.
Why, well that is what the world wanted us to stay in, including the Tory party, So i think they are deliberately losing the election to do as I suggest above,
They KNOW they can't rejoin the EU as it would prove them and the UK to be 'undemocratic' so as the EU is more in their interest than a few lost years being in power, THIS it they only way out for them to overturn most of what the public wanted without losing face.
By having Labour in, they can then 'blame' them as the UK get very much worse, and know that, after such suffering of the public, they will readily 'agree' to the new deal.
Crazy, no, as WORLD politics is far far greater than the UK publics wishes, and how else can the plebs choice be quashed without the Tories being never trusted again and the UK seen as undemocratic, is they had just overturned the public's vote.
See it I am right in the next 4 years or so. I have been right about Lloyds for 15 years, and many others are seeing it now.
As Dylan once wailed, "I've known it all the time, you're learning it these days"
A little artistic licence on Bob's words, but you get the drift, least most will. There is ALWAYS 'one'.......
This was a post from me last March, but have questioned this share and it's knowledgeable poster on here long before that:
I find the explanations on here a little too cosy at times.
As the mine was known about and producing up to WW2, not in some fly blown, politically unstable country, but the richest nation on Earth, then surely they above all others would have realised and utilised this massive potential themselves?
They have better local knowledge, fully versed in high technology and hardly short on funding, so it seems odd to me that a UK company are involved if the potential is so massive one would assume it would be developed by a US company, small or large dependant on surveys.
If in Africa I would not be questioning such, but America?
PS, re the lawsuit against the company et al.
This is what often is mentioned by desperate shareholders who have told wife, all pub pals, workmates what a 'no brainer' they have invested in, and when they have egg on their face and everywhere else, this becomes the 'last' clutch at straws.
Don't bother, you will never get anywhere, just learn, and do as I did, WARN others of any aim 'no brainer' that all might not be as it seems.
Ask why the low trading numbers IF so good,
Ask why the Americans didn't 'discover' this known mine.
and always Ask if only yourself, would YOU, if oh so certain that a little known share was going hit the big time, then 'tell' all about it unless you had had time to invest everything you could at the lowest price PRE the rush (which never happened )?
Not saying this is a con or that ro is a ramper, but seemed very odd hence I questioned it a long while ago, as have been burnt before on aim, so only invested a little so this time the worst is a 'little singed' .
Be nice to be surprised to the upside.
When I first read this bb re this company, there were two, what I wondered at the time might be 'rampers' one being ro, and the other I think was alleged to be a lady, can't recall username now.
But when questioned the second lady ramper, soon vanished. So made me MORE suss, not less.
R.O was on here constantly, always a warning sign, and as I questioned at the time, 'IF he thought this was such a wonderful investment, IF it were me, I would not be pushing it 24/7 BUT be keeping it to myself to buy up as many as I could for as long as I could at the 'cheapest' levels.
By keeping on about it, it pushed the price up, so costing him more to buy in more shares, so WHY do so?
Although well educated and intelligent and informed, perhaps too informed, he never 'answered' that one.
So early warning bell to me, but hoped it would be different, but yet to believe that.
Hope my fears not accusations, YET, are unfounded for us all.
No one would ask me for fiscal advice after what I have said if serious after my admitting my not so wise choice of investing in Lloyds so long ago.
Anyway financial advice is not allowed as you likely know.
Re Rolls, clearly the 'time' to buy would have been pre the hike in share price, not after it, and IF you are inferring that that is why now is/could be a good reason to buy into Lloyds because it has yet to hit dizzy new highs you perhaps ought to check out WHY RR rose to such levels.
It won't just be 'time' it will have had a catalyst such as war, new orders, gaining advantage over a competitor or having massive orders etc etc, NOT just because time has ticked by.
So my point is, over the years I have held, the non exhaustive list of 'past milestones' shown that Lloyds has had, and i forget to add the Rights issues, Brexit, PPI this share has had bad news come and go, and yet still cannot get to levels that even the most loyal fans 'expect' it too.
Whilst they pretend to be oh so joyful that 'the buybacks will be then in larger amounts' likely truth is they are disappointed that they too never invested in BAE, RR or other shares which have gained as one would expect, instead of just waiting as the last straw is clutched that now 'buybacks' are the only hope to lift this dire share price.
Even the Gov are questioning it, and whilst good profits are likely and as buybacks OUGHT to make the shareholders wealthier as we see with a weak, HMG controlling Gov, the puppet will likely be persuaded by a carrot rather than a stick to ensure that the level of divs and profit returned is not in keeping with those profits, which will be directed to the public to keep the feeble economy from sinking more.
So if you are happy relying on buy backs as 'the' driving force to lift the share price, which it has failed to do so far, then what a sorry thought that you can't admit this has been a dire share to hold, and even sadder that the board have run out of ideas how to create wealth effectively without it being deemed immoral and then clawed back by dubious rules and laws by a Tory Government. God help us when Labour pull those puppet strings even harder.
Least RR and BAE etc despite 'profiting' from war are so far immune from having their profits scattered to fund spongers and flotsam here. IF Lloyds had somehow gained from the wars, imagine the outcry and HMG would be taking even more from us. As stated all the Gov bank bashing was not done 'for nothing' but to turn the public against bankers, to then, forever more milk us dry with a drop left and spiel to keep investors hanging in their, with hope the only thing left.
Lti, certainly traders could have made decent money on this and many other stocks. Equally certain that many lost money trading too.
I am not a trader, yet have still lost money on a stock that has been held for 15 years. That to me, when taking buybacks, and huge inflation reducing effects on a share price held that long is disgusting.
Of course IF I knew when Lloyds was going up, or down, I could have traded, but that is gambling as can not be sure.
Lloyds being known as a 'safe, but boring' bank was chosen as being assumed to be safe, I hoped that given a decade and a half, my initial investment money would have at least remained intact, not dropped.
Just buying in ever more of a losing share, by throwing even more money into it is not so easy when you have lost a lot on it, AND can see 'no reason' other than a few words by others on here that 'its a no brainer' despite it doing nothing in boom years and recession years, in low interest days and higher rate days, in lower house prices and a housing boom, in HMG partly owned days and 'so called' fully privatised days, in non div paying days to divs returned, and with billions of buybacks, STILL not lifting this to a price it was a decade and a half ago.
So anyone 'normal' could see why I never threw more cash at such a massive disappointment, perhaps like HMG as you have so much money you loose understanding of how it effects those with less, and like HMG throwing money at British Steel for years, the outcome is still failure.
If truly trusting your judgement then you could sell your entire holding of Lloyds and buy back in the lot, for a lesser price as they fall, rather than just 'throwing more money at a lower price to 'average down' , but most don't as they too are not THAT sure of their convictions.
Hence like any financial adviser, I too can 'predict' where this will go, but unlike 'them' this is my money, and they get their fee if right or wrong, I just loose more if wrong, hence hold and tell it how it is, seems to me the most obvious choice here.
If I were like you, with millions I too may have a different play at it, as if it all goes completely wrong, your life will not be effected at all, others might.
Hound dog, At last someone who tells it as it is, NOT how they wish it to be. Clearly a very large difference.
We know that the eternal optimists will never want to accept your clear explanation and example but to the less blinkered a breath of fresh air on here.
My guess is that Lloyds will rise till around 4 trading days before its results are due, as by then pi have been hyped up into perhaps expecting a 'special' or a decent hike in dividends by those with who will be 'getting out' on the results as known already to them, leaving as for the last 15 years, board members asking 'How come the results were good, but we are falling'
That is why, we know far latter than those who matter, info and timing is all in this game, and I am sure leaks are easier than ever in hi tech days to alert anyone who can gain massively from such info. A little pillow talk from a p.a gaining just a fur stole is long gone imo.
aim shares are almost always like this. a very low initial price, then perhaps a few educated seemingly plausible punters, doing subtle ramping, by stating facts, and throwing large *** packet figures by calculating a few sample holes by the total land mass the company owns and coming up with huge sums of wealth for potential early investors to gain.
problem is, if you are not in very early when it is in low pence or tenths of pennies, then the share price once the subtle hype hooks, and then reels in ever more quickly, this pushes up the share price rapidly to too high amounts, and this is the point that most buy in at.
so all those very early may be ok, but the masses who bought in on trust and as much 'research' as an armchair laptop can 'do', often regret buying in 'early-ish' as the massive sums of cash needed to get up and running can only ever 'dilute' the share price, as it will either be massive debt with high interest rates proportional to the huge risks involved in mining.
or, the supplier of the money, if they think it has great potential will want a large slice of the profits for a lower interest rate return. so either way dilution is inevitable
i had hope that as the directors had put a fair sum into the game, and that the mine was in the most stable country it may be safer, and the almost childlike chat of 'one mine when up and running can fund the others' , but with the massive costs in doing such we will likely be six foot under before that scenario could be played out.
also whilst the us is safe, it is also canny, expensive in wages, h&s, and imo, if this mine was so juicy, odd that it was ignored by them to re-open.
also the pitiful amount of trades every day for years to me is a huge concern, as hardly under the radar as listed here and over the pond.
also like to know just how much the directors 'take out' in salary and expenses, as then i could perhaps shake off the possibility that their 'initial investment sums' are just a ruse to give trust, as they could be taken those sums back in a very short time from investors money so are actually 'risking nothing or little'.
so don't think it is just time making investors sell, as most of us have time a plenty as not hard work watching your cash dwindle away each day, but maybe more questions are being asked and without daily or hourly ramping as in the early days, perhaps investors are doing what they should have done, day one, and are now 'thinking' for themselves.
have a small holding, and keeping such hoping my glass half life approach will be wrong...... one day.