Member Info for fleccy

Just like I can't prove the Yen carry trade impacted Lloyds, and other banking stock share prices, you can't prove it didn't. Lloyds is a UK focused bank, so it's disingenuous to suggest that US data affected the share price and the Yen carry trade unwind had no impact, it's likely that both events fed into the drops between the 1st and 5th August; Other things will have fed into the drops, like the UK dropping interest rates, so you can't put the drops down to just one event.

In all your post's I can't remember a single time you've admitted to being wrong on anything with anyone, in any discussion, you show many of the traits associated with narcissistic personality disorder.

You were wrong about the Yen carry trade. You say it was US data that pulled down Lloyds, but that was just one domino and the Yen Carry Trade was another. Using your logic is like saying one type of Macro event affected Lloyds and another didn't, when you just don't know. Japan raised their interest rates and the UK dropped there's, so there was a currency impact between sterling and Yen, as there was between the US Dollar and Yen, and just because there was a delay between Japan raising there interest rates and the cliff edge drops on various banking stocks doesn't mean the Carry trade wasn't at least partly responsible. The way the global markets are traded means money moves around in unfathomable ways, so you can't say with certainty that the Yen Carry trade unwind didn't affect the Lloyds share price, either directly, or indirectly.

"Yen carry trades continuing not to have any effect on Lloyds, but an increasing share price is still at a cheap level"

Only because the Yen carry trade unwind is now mostly done lol 🤡. Honestly you couldn't make it up, still trying to dig yourself out of your previous hole🕳️?

"You will have to remind me, as to when I was wrong"

Most recently in reference to the Yen carry trade unwind pulling down global stock prices, Lloyds and NWG included. After accusing me of talking nonsense, you couldn't bring yourself to admit that the Yen carry trade was the most likely cause of the drops at the time, even though there was a mass of media commentary about the event pulling down global stock prices; You just dug your heels in and argued your point to death, even though everyone on here knew you were wrong, if that isn't an example of stupidity I don't know what is.

You should look in the mirror and repeat 10 times I was being stupid, since you "only call stupid people stupid".

The difference between me and you LTI is that I don't have a superiority complex. You appear incapable of admitting that people who take an opposing view may have valid point's, usually accusing them of talking nonsense and endlessly repeating your point before eventually calling them stupid, or ridiculing them with some other rhetoric. There are no shades of grey with you, just black and white points of view, where in your mind you're always right even when you're wrong.

Lol LTI, have you considered medication for you're anger problems? 😠😡👿🤬

It's all relevant, related and on topic LTI, no backdoor action here 😏

LTI TRINITYMFSB was correct in implying NWG has outperformed Lloyds, the chart proves that. As to why Lloyds has underperformed NWG is open to speculation, who's to say that Lloyds debasing the dividend and being a penny share don't feed into Lloyds underperformance. For all your enthusiasm about Lloyds buybacks, they haven't helped Lloyd's outperform other UK banks. Lloyds has also underperformed Barclays by nearly 50% over the last 5 years.

https://www.google.com/finance/quote/LLOY:LON?window=5Y&comparison=LON%3ANWG%2CLON%3ABARC

"vod are giving majority of uk market to failing Chinese company in an effort to offload debt"

mole_man99 have you actually looked at how the deal is structured, and how it will pan out over the years? Clearly Three want to exit the UK, not sure how that translates into "vod are giving majority of uk market to failing Chinese company", maybe you could explain that comment?

TRINITYMFSB is correct, if you look at a 5 year chart NWG's share price has easily outperformed Lloyds by around 60%; There's a possibility that Lloyds being a penny share is part of the problem, but it was a penny share under AHO so it's more likely because Nunn gave dividend investors a swift kick in the nuts post covid.

https://www.google.com/finance/quote/LLOY:LON?comparison=LON%3ANWG&window=5Y

The politicians are to blame for the state of the UK, they make the laws and enable the policies of the various agencies controlling the country. The easiest way to deal with politicians who don't represent your view is to vote against them, at local and general elections, as far as I know it isn't a hate crime to call out politicians who don't represent your personal view.

In my opinion, Labour, Tory's and LibDems, don't represent my view on how this country should be managed, so I'll just vote for Reform at every opportunity.

Https://www.youtube.com/watch?v=Xb8cmSQij5U

And is being used in Ukraine

https://www.youtube.com/watch?v=hJ4SRlIbb08

Clear with periodic clouds

Walked around the local country park

New film The Union, on Netflix

Friday Night Comedy

💩

I'm not sure LTI used the correct metaphor when he mentioned lipstick, since that'd be normally be associated with doing up a pig.

https://images.app.goo.gl/RvXCpsi6NJJvvjB68

I have no interest in getting into another argument with you LTI, as it seems to be your thing. I was just stating my opinion that Lloyds would benefit from a lower share count and higher price, I wasn't looking to debate it.

IN MY OPINION, once they get down to 60 Billion shares in issue they should do a reverse stock split of 1 for 4, so there'll be 15 Billion shares issued; At the same time they should increase the dividend by 4 times so that dividend income for current holders is maintained, then going forward concentrate on a progressive dividend policy and forget about buybacks. Although Buybacks increase EPS, it's debatable whether Buyback's contribute to increasing the share price with so many shares in circulation. In general the market only seems to focus on a company's revenue growth potential with very little mention of the bottom line, so Lloyds might as well reduce their share count with a reverse split and reduce price volatility. Lloyds needs a higher share price and much less shares traded, it wont achieve that through Buybacks.

Before someone jumps in and tells me how wrong I am, it's just my opinion.

Could this be their business plan?

https://www.youtube.com/watch?v=5zLU_6nBc4E

"it was on the London Stock Exchange as an after hours off book trade"

The only price that matters is the UT close price, Off Book trades aren't price setting anyway.

A similar weird trade has also gone through on Lloyds, just ignore them the only price that counts is the UT. I'm not sure what's been happening, but I've noticed quite a few of these after hours trades bearing no similarity to the On Exchange price recently, across various stocks, sometimes much higher than the Exchange price.

"There is a huge amount of evidence collected to show that contraventions of these laws are rife on this platform"

You must be referring to the rampers 🤣