The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
StickyToffeePudd....."comrade", really? I wonder if he'll put Rula Lenska as his deputy :-)
…..special dividend. Away with this continual buy back nonsense that is just masking the hoards of shares that the board are issuing themselves. Where has buy back got us? Absolutely nowhere is the answer. And spare me the maths lesson, we know how it’s supposed to work…it just doesn’t!!
Johnygreenfeet…..airlines fly to some of these dangerous countries and all of their share prices are up today, how does that work?
Share buy back obviously :-)
…….else this dog would be trading at around 1p a share, if the maths is to be believed. Please no more, give me a special divi so I can invest MY money in something that makes a capital return!!
…..been attributed to a “floater” being found in cubicle 1 at 25 Gresham Street, London, EC2V 7HN. This is believed to be António Horta-Osório parting gift to Lloyds Bank shareholders from April 2021. We have reached out to the turd for comment.
…..without them, seemingly this would now be 1p per share given the maths.
Buyback fanboys are, in my opinion
Continually talking
Utter
Nonsense and, in fact are
Totally
Senseless
"I have said for YEARS that the time to 'worry' was when HMG so 'called' were out of Lloyds. For then, draconian measures would be bought in to find any means to 'take' the undoubted profits and distribute them to the masses."
There is more than a modicum of truth in this statement. Take a look at the way the FCA and FSCS have utterly shafted Woodford Investors by contriving to support a pitiful scheme of arrangement which will see investors receive about 10p in the £ of their losses, which should have been fully protected by the FSCS (government money, albeit paif or by the banks). They're quite happy to be generous to the consumer when it's someone else's money it seems.
Lloyd's Bank, along with Woodford EIF, will go down as harsh lessons in my investing days!!
The flaw with the Junior doctors argument is that people who joined the profession 1,2,3 years ago are asking for 13 years of pay restitution. If they weren’t happy at the time, why the hell did they ever join? Coming from a family with a medical background I can safely say that most of these muppets haven’t got a clue what they are even doing anyway. These are some of the most selfish and over privileged individuals you will ever want to meet. Also if you have a look at the deomographic, most of the protagonists are of a certain persuasion. Personally I’m 1 year on from a major injury that was completely mismanaged, misdiagnosed, maltreated by an NHS that is a shadow of its former self, so I have skin in the game. In fact I might go up to my local hospital today to demonstrate against the demonstrators and see what reaction I get. If Lloyds had performed over the last 5 years perhaps I could have gone private!!
Longtimeinvestor……please show me where the value in buybacks is, because I don’t see it. I understand the maths behind it but the reality is somewhat different. Either we are massively underperforming other UK Banks that don’t have the same depth of buy back (because their share price moves in exactly the same way as ours) or “the market” values Lloyds on a per share basis and not on market capitlisatiion. My take is, it is MY money, give it to ME to decide what I want to do with it. If I want to reinvest in Lloyds I will (but probably won’t) or I can decide to deploy elsewhere (which I probably would). All we are doing is disguising management bonuses which get moped up and hidden by the buybacks.
…..sponsored by Status Quo in 2024 “Down, Down, Deeper and Down”
Wooden Dragon, I’m going to take that as an omen that wooden horse will come good this year, so I’m putting my hat in at 48.07, 5% divi and a shed load of useless buybacks.
......will certainly help the economy"
"Passenger numbers 4 million a day busier than before the pandemic the drivers are doing a great job give them what they deserve, London is booming"
Doing a great job? What shouting "free, free, Palestine" over the tannoy? They drive a train, it's really not rocket science and involves little in the way of cognitive function. Whether there is 4m more or 4m less than before the pandemic is irrelevant, they're still pulling the same lever on the same train.
Christmas present, I can highly recommend "One Step Forward, Two Steps Back: The Crisis in Our Share Price" written by Vladimir Longtimeinvestor. In it Longtimeinvestor examines the circumstances that resulted in a split within the lse.co.uk discussion board between a BALLSshevik ("majority") faction, led by himself, and a MEHnshevik ("minority") faction over the real value of share buy backs. :-0
Happy Christmas one and all and long live the Special Dividend Revolution
.........Property1
"This share tracks the US more than the UK economy. Not so convinced a BoE interest rate cut will come till end of 202; at the earliest unless Mark Carney gets replaced" :-/
.......more up's and down's than a wh*res drawers
.......when you look at the net debt movement after capital raises, TUI managed to reduce the debt pile by circa 700m euros in 2022, but only by 250m euros in 2023. I wouldn't rule out further capital raises in the future, as this seems to be easist and quickest way to remove the burden. I invested big, just before COVID, but got out after the first capital raise with just a small loss. But for the debt, this is as strong a company that you could wish for, but there's still a long road ahead I fear. Pleased for you all with the uptick this week.
"A £2.5 Billion 2024 share repurchase programme now a real possibility"......This calls for a full "Just Stop Buybacks" mobilisation!!
NO, I want to recoup my losses and then F off. Yes a 5x valuation is absolutely laughable. A standard growth company would be valued at 20+x, an established bank at 12-14x. Then again SillyCON valley companies are valued at whatever multiple you want.
........we'd see this below 40p again. A P/E ratio of 5x is laughable. The market values the price of a single Lloyd's share and not the company as a whole, that's clear to see. Buyback's have been the biggest waste of OUR money, it should have been returned to us as a special divi so that we had the opportunity to invest elsewhere.