Member Info for Connexion

On the back of the Bundesbank being warned not to hike dividends and to preserve capital are UK banks likely to be ordered to suspend dividends yet again?

It only seems like yesterday that Lloyd's was ordered not to pay a dividend because we had to fund UK Plc through a pandemic. Are we expected to fund it through a recession too?

As a long term holder with dreams of capital appreciation a distant memory, dividend returns are really my only reason for holding Lloy. If despite increasing profit more dividends vanish in a puff of smoke , does the case for continuing to hold disappear with them?

I'm talking about the one from 2020 that Lloyd's were ordered not to pay. You know, the one that Lloyd's assured shareholders they were owed??

Makes me sick! In layman's terms common criminals no better that the scum who take your grandmother's life savings for a conservatory that will never be built.

Why do the people who make so much money, and their employers only ever get fined a fraction of what they make? It's the same story every single time!! In cases like this the court should appoint forensic accountants to calculate the profits earned and fine them the lot. Redistribute that money into healthcare, education, welfare...anywhere where the normal people who are suffering as a result of corporate greed can benefit from it.

Companies who employ people like this ARE accountable in any other walk of life. Too big to fail has become too big to punish!

With all this money sloshing around why not pay the remaining debt of $2.3b?
Strikes me that paying anything to service debt when you're flush with cash is wasted moneya. I'm old fashioned but being debt free such a short time after having a big problem with debt would surely be perceived well?

2000 more FRES or RR? If you don't have any RR seems sensible to spread the risk rather than all in on FRES. RR is cheap but if coronavirus keeps surging expect RR to drop lower first making it more of a bargain.

I'll stand by what i said. Posts along the lines of "i've just topped up, it should move up from here" repeated for days and weeks on end are plain boring. They do nothing but serve to highlight just how wrong you called it.
Swap all the info you want but posting the same guesswork day in day out is boring.

Gold and silver are about to pop, FRES making a killing at these PM prices, i've topped up before it rockets, any day now,, etc. etc. etc...
You've been wrong for weeks, i'm just stating my opinion in the "chat" room.

Am i the only person here finding the constant stream of guesses and continual updates about having bought another few shares at what you thought was the day's low simply boring?

Over the last few weeks the barrage of what have turned out to be wildly inaccurate guesses have shown some individuals might do better with their predictions using tea leaves.

I am invested and will sell when it suits me but i'm not going to waste your time or mine updating you multiple times per day on what i think might happen because i accept, as you should, that i simply don't know. It is what it is!

Think yourself lucky you weren'y with the share centre.
I had two accounts a personal one and a business one (only because i have invested some company profit), both with £100 ,per year fee at share centre, taken over by ii who charge £120 (£10/mth) for the personal one and £600 (50/month) for the business one which very rarely trades!
Daylight robbery! The more they make the more others they take over and the more they'll charge. For a service which is automated it's a bl00dy disgrace.

The best part about an SP dropping back is the lack of "any day now" posts ;-)

I often wonder how people rack up thousands of posts but when you read them 99% say exactly the same thing. Very quiet today though, i wonder why? lol

Anyone else buying a few more while under £9?

So despite Millenium, MSCI and gold being up... we're down.
Sure, it's likely to turn around soon but it isn't FACT. I'm willing to bet none of the guys who would be their shirt on this actually have but they'll gladly "help" you bet yours.
Gold doing well, Silver doing well but (not miles from mid 2020 levels), remember those?...when FRES shot from £8 to £13. We should be higher than we are but my prediction is that we won't be seeing £9.20-9.40 this afternoon.
It will rise at some point but anyone who tells you on what day can either see into the future or just guessing, the SP tells you which.

Crazy to get drawn into this when all it's doing is bobbing around 107. Great day yesterday followed by another today? I'm not convinced. Rather be out wishing i was in than in wishing i was out though.

I wonder how hard the shorts were laughing on the way down from 400p to 40p?
I am not short. Each to his own game, wishing others get hammered isn't good sport, we are all here for the same reason.

Making tens of thousands is all well and good but it's safer getting there the "little and often" route than trying to do it in one go.

Why millions?
Little and often a few hundred here and there soon adds up if you reinvest it.
It is what it is, the share is 103 because that's what it's worth right now. If you want it to be worth 130 buy a few millions quids worth and maybe you'll drive the price up but when you aren't prepared to throw money into it at up to 130 then you are part of why it's worth 103 surely? (Not having a dig just saying)

half in at 103 and half waiting in case it drops to 102.
Looking for a short term trading range between 102 and 105.5 (pessimistic, optimistic or about right?)

Yeah, great company!
I had experience of this guy when he was in a position to make something of the company before he lost his shirt.
Had it all, got stiffed and lost the lot. Maybe good for a lucky punt but that's all.

So what else bad can happen? If anything else bad Armageddon outta here!
Is everything bad priced in and where are we going to be tomorrow? do i hold, sell or ditch half?
answers on a post card

Given where NWG is and it's performance over the past few years it seems like the government having a controlling interest really isn't helping! Sell off some more, hand control back to the bank and watch the SP rise. Sell out when it's risen at a profit, on top of all the loan repayments/dividends along the way. When the bailouts happened Europe told us what we had to do, the banks (especially Lloyds and RBS) got totally shafted and now we're not even a member of their rediculous club! The one that assures a level playing field but always in favour of mainly German and French companies! Their ridiculous requirements crippled two banks with massive potential for years and for what? I'd have told them to stick it where the sun doesn't shine. They've proven they know nothing about business when all that they had to do was forward order some vaccine!

OK so since 2017 silver down and FRES down then since 2020 Silver Up and FRES down?...I am obviously more stupid than i look! lol