Member Info for fleccy

"Lloyds never fails to disappoint just when you think it’s going to push on it does the opposite ."

6th April is 5 weeks away and the Ex Dividend date is the 13th April. For anyone wanting to top up in Isa's, a lower price going into the new tax year might be a good thing.

For some reason that link didn't work, just Google "are trades within an isa taxable" and follow the links, it will answer any questions you may have.

https://************/learn/stocks-and-shares-isa-rules#:~:text=%E2%80%8D-,Can%20I%20buy%20and%20sell%20shares%20within%20an%20ISA%3F,free%20from%20capital%20gains%20tax.

As I said I'm not a financial advisor, but if there are no capital gains on trades within an ISA, you should be able to buy and sell whatever, whenever without a tax liability.

If you're insulated from any tax liability doesn't that answer your question?

I'm not a Financial advisor, so if you want to be sure take professional advise. My understanding is that an ISA is a wrapper insulating you from any tax liability, so you do not pay any tax on interest, dividend income, or capital gains from investments in ISA's.

"could you post a link to that advert"

Further down this thread you made two posts:

"8.08 Billion now bought and cancelled by LBG"
"The more bought and cancelled the fewer the shares to receive the returns from profits."

Although you may be factually correct with the buyback figure, the conclusion is misleading as it makes no reference to shares issued in Block Listings, thereby subtracting from the 8 Billion figure you quoted. A true picture would have also listed the amount of shares issued through Block Listings and then subtracted from the buyback figure.

"must have been through this a 100 times.
Lloyds do not buy shares and hold in treasury.
stick to policy/facts"

Lol, as long as you accept that buying back shares to nullify Block listings shouldn't really be be advertised as supporting the dividend, it's just maintaining the Status Quo.

Where does the 8 Billion come from? The last buyback scheme purchased 4,528,731,591 shares. If the 8 billion figure is going farrrrr back, then previous allocations have only covered the block listing of shares for bonuses and share schemes. Lloyds could just as easily have bought the shares and handed them out from treasury, instead issuing shares through Block Listings and removing through Buybacks. The buybacks aimed at nullifying Block Listings shouldn't be counted.

"recovering BTC and software 30% faster than anyone else and we take a funding to mine ourselves"

I don't think QBT have the funds to mine commercially and make significant profits. I watched a YouTube Video showing the scale of a Core Scientific mining farm and it suggested a build cost of $1 Billion. Core Scientific went chapter 11, but they're still operating some Mining Farm's as US companies tend to continue operations post Chapter 11.

https://www.youtube.com/watch?v=82vMOVREXzM

"The US-based firm produced 1,356 and 1,435 self-mined BTC in November and December, respectively, and 795 and 931 bitcoin for colocation customers, respectively.
It operated around 243,000 and 234,000 ASIC servers, bringing its total hashrate to 24.4 EH/s in November and 23.7 EH/s in December. On the other hand, its self-mining computing power for December was 15.7 EH/s, compared to 15.4 EH/s in the prior month."

https://cryptopotato.com/core-scientific-mined-over-1400-btc-in-december-despite-bankruptcy-filing/#:~:text=It%20also%20boosted%20its%20self,end%20of%20December%20last%20year.

The Bitcoin algorithms restrict the daily reward to around 450 BTC mined per day, so Core Scientific's Colo and self mined total for December was 2,366, or around 76 per day (approximately 17% of the daily total, assuming 450 mined per day); Looking at the size of the Core Scientific operation, QBT would have to invest significantly to compete against the big commercial mining farms processing power, even with a 30% speed boost. I'm gobsmacked at the amount of money pumped into the industry, especially since I don't believe Bitcoin has a future.

"8.08 Billion now bought and cancelled by LBG"

You wouldn't know it to look at the monthly Total Voting Rights, showing a reduction of just 3,661,238,353 (3.661 Billion), as of the 28th Feb, since Feb 2022

https://docs.google.com/spreadsheets/d/e/2PACX-1vS0oSavIsBjHgD7k6NMyk7Z591Cm2IrevvLI-Jq95gOmESrOI0Vi_NhA8LIO9rMz90Y5zCOCoFuEItG/pubchart?oid=1812824850&format=interactive

5G was never about the handset user and more about IOT applications like driverless cars, Drones, Traffic Management, security, air taxis, drones, etc, etc. The 5G networks aren't even finished yet and the various applications will roll out over time, so I have no idea what the article is on about. As far as 6G, that is more of a compliment to 5G and is as much about applications as it is about mobile technology; It's likely that many 6G applications will utilise current 5G frequencies and the higher frequencies in the EHF Band will be used for short range WiFi type applications in shopping centers, stadiums, train stations, etc.

"In my humble opinion this really forces any serious miner / developers towards Bitcoin at least in the short to medium term as it’s likely to be the only crypto that ppl of the USA and Europe can invest in legitimately and put in pension plans / savings scheme that are regulated."

It's highly unlikely that Pension and savings funds will be allowed to invest directly in Bitcoin. Worldwide regulatory authorities are introducing creeping regulation to discourage Crypto investment and it's clear where the direction of travel is heading. If funds want to invest indirectly in Bitcoin there are other ways to get exposure, maybe invest in companies like MicroStrategy, or possibly invest in funds managed by people like Cathy Wood. The US regulators consistently reject spot Bitcoin ETF's and have only allowed Futures ETF's and that's unlikely to change.
As far as the US considering Bitcoin a Commodity, rather than a Security, the only reason for that may be due to the 21 Million limit for mining coins. In my opinion, the 21 Million limit on Bitcoin is artificial and meaningless, it's just another fake narrative to fool people into thinking Bitcoin is more than it is. It's all a Bitcon as far as I'm concerned.

"But Cathy Wood's crypto investment is going to sink in my opinion. Good day for vod, far better than crypto crap?"

Indeed, they'll build an Ark out of toilet paper, financed by Cathy, and the Crypto Plumbing Disaster will come to pass covering them all with Crapto.

"fleccy, You beat me to it. NOAH will be predicting a flood next?"

Indeed, Cathy Wood is already preparing the event through her ARK Innovation ETF

"Interim dividend in respect of the year ending 31 March 2023 as announced on 15 November 2022."

I thought a prophecy was supposed to predict the future. I predict that yesterday was Sunday and the day before that was Saturday.

"BT now recovering OK since recent lows"

Yep, I'm watching it. The FT article quoting Höttges has lifted the price today.

I understand what you're saying, but why was it necessary for them to unload over 4 Million shares, between them, on the same day? There are only a few reasons why they'd do that. They obviously had their own reasons to free up around £2 Million in cash.

He has transferred shares to his wife in previous years. There should be some recent RNS's, declaring new transfers, if he's transferred any recently.

"not much relevance to most observers - just cashing in of some remuneration from matured share schemes I imagine"

His Wife sold a load too, they must need cash for something.
Stephen Shelley
166,532 52.04p 24/02/2023
2,576,078 51.77p 24/02/2023

"Claire Shelley, a person closely associated with Stephen Shelley, sold 1,351,153 Shares on 24 February 2023 at a price of 51.81 pence per Share. "