Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
"Perhaps MS played it wrong thinking results would be lacking , guess "
Are there not stock buy back blackout periods prior to the announcement of results (even interim one's)? I believe this is the case in the US so it wouldn't surprise me if this is the case here too.
Too many cradle to grave spongers.
I know a lot of you have way more shares than me, but the buyback quota was worth over £4k to me and I think it's just been frittered away. I have said before, the market is never valuing this company as a whole, they are valuing the price of a single share, the buyback is pointless.
-------------the money. No more frigging brokeback programmes.
"Oh how these ministers howl when the working man /woman declares an intention to strike. Yet without a by or leave these minister without any notice etc walked out of their posts, effectively engaging in their own wildcat strike. Not a thought for this country at all.
Can politics get much grubbier...?"
Well it's not quite the same is it? They have given up cabinet or ministerial roles and the salary that goes with them. Old bob the tube driver just rocks back into his job after he's had a few days on the beach, his ongoing role protected by his union.
............that they have been retained by Lloyd's as broker for a proposed share "sellback" programme. Charlie Nunnsense, wokesperson for LBG said "we are delighted to have reached an agreement with Morgan Stanley on this truly innovative strategy. We actually have no idea what it is or how it will work, but it can only be better than our current buyback effort"
We are probably still ahead of the overall requirement, it may curtail further (pointless buybacks) or special divi's, but shouldn't impact the base programme.
.....why don't you bore off with your repetitive narrative. We are all individually in different positions and having reasons to either hold or sell. The buyback has now proven to be ineffectual in proping this pos share. It is wasted money, allowing the board to spread the love internally at our expense. Return MY money to ME and let ME decide what to do with it,
4% of our day high, which itself was 23% down on our year high. What a S/Show
.......pointless buyback now and preserve the capital. This Bank couldn't deliver shareholder value if it tried. At a p/e ratio of 5.5 amargeddon is already baked in and we continue to go lower. What a waste of my time and money ever getting involved with this nag. Get it to the knackers yard asap.
Its what we touched on a while back... Where will Sterling be by Xmas?
Probably at Chelsea is my guess.
.......a 24bps gain or the 236bps we lost after the day's high?
“By that logic you would believe NatWest SP would be even higher now, if it had not repurchased £750M worth of shares and instead given that back as a special dividend?”
I agree, but Isn’t it higher though? YTD fall is way below LLOY and P/E ratio is getting on for double. NWG Div/BB split is weighted greater towards Div’s 59% vs 41%, BB, whereas LLOY’s is the polar opposite 41% vs 59%
As a retail investor, and probably a pension fund, I’m interested in the dividend yield not how many god damn shares are in issue. The buyback will only get consumed over the next few years by new internal shares anyway.
I’m no longer buying the buyback story…I’m also bye byeing the buyback topic :-)
To all the comments of "here we go again", regarding the lack of benefit form a buyback I agree. But let's take a look.
Bank Mkt Cap Buy Back Div Yield P/E Ratio YTD Performance
LLOY c£30bn £2bn 4.60% 5.77 -13%
NWG c£23bn £0.75bn 4.69% 9.63 -3%
Tell me who's split of divs/buybacks looks to be better received by the market?
Lloyd's is continually taking it up the jaxxie I'm afraid.
I truly think the buy backs are an entire waste of time. The market should value the company and then the numerator/denominator maths works…but the market doesn’t, it decides on the price of a single share. The P/E ratio of this company is a joke, and well behind NWG for instance. Next time give the £2bn to the owners of this crap heap and allow us to decide what we do with it. I guarantee this share would still be the same price, or possibly even higher, if they had.
.......the Lord giveth, and the Lord taketh away (and then taketh away a bit more and a bit more)
…52 week view, 10% above our low, 33% below our high, p/e 5.6 for a bank that is only getting more profitable in the short term. Our share price has always factored in Armageddon. P/e multiples at this level for Banks are unheard of in the last 30 years. Lloyds has a massive capital buffer that will see it through any temporary, and that’s what it will be, recession. The market is playing us for fools, whilst meeting their quarterly targets almost daily.
Good news, FTSE is up 2.8pts (0.03%) in after hours trading .......tomorrow's gonna be a good day!!
Yep, for the very reason they are using that they don't want to put us into recession they will put us into recession. Bunch of jokers.
"At this rate the pound will reach parity the the US$ unless we are more aggressive with rate rises."....... we also need Sturgeon to stop talking bllx!!
BTW, does anyone believe in this share any more? It defies all logic.