Member Info for fleccy

🥱

🤣 🤚🖐️ I give up, not because you're right, but because I'm getting tired of arguing with you 🥱

"you can, it is simple maths"

I'll agree with you if you can show me the mathematical equation relating to sentiment, I'm not bad at Algebra so I should be able to understand it if you can find it.

OMG, there was already commentary talking about the Yen Carry trade affecting markets when I did my initial post, the Yen carry trade didn't just pop into my head. NWG didn't go ex dividend on the 1st August, and dropped even further than Lloyds in percentage terms on the day.

I can't say if I'm right or wrong when it comes to buybacks. Since Nunn debased the dividend and increased buybacks in preference to dividends, Lloyds has underperformed. Who's to say that the share price wouldn't be higher now, if Lloyds only bought back enough stock to cover block listings and rewarded shareholders with higher dividends? The truth is it's an unknown and all any of us can do is express an opinion on what might have happened.

Why would I admit to being wrong about the Yen Carry trade affecting market and individual stock valuations, when there's loads of commentary saying it's been happening? Your timing theory in respect of Lloyds dropping is meaningless, as I said previously money moves when it moves.

At the beginning of the initial thread I suggested it's a possibility that the Yen carry trade was responsible for the sudden drop in valuations, your response was to shoot down my post with a single word reply, "Nonsense". The truth is you just tried to ridicule my suggestion and put me down, without even researching to see if the Yen Carry trade was being discussed in the media at the time, which it was.

" have yet to see you post that you were WRONG"

During our exchanges on the National Grid forum, I freely admitted to misunderstanding the Ex-Rights Issue process and getting it wrong. I don't have a problem admitting it when I get something wrong.

"You can give it a rest sometimes"

I don't think he can. He thinks of himself as always being right, so when he gets it wrong he needs to double, treble, quadruple, etc down.

I already showed my reasoning in the initial thread, I wont go through it again. You were wrong to dismiss the carry trade theory when it was first aired as a possible reason for stock value's declining, the fact you can't admit it tells its own story

LTI you're in total denial. You're clearly wrong, you just wont admit it 🙊

I keep reading post's using the argument that inflation eats into dividends, but that's true of all investments, whether it be savings interest, growth stocks, rental property, or anything else. You could invest in a so called growth stock that goes up and then drops back during a

market correction, while you've held the stock you've received zero return on your investment and wont receive anything back until you sell, realising either a capital gain or loss. At least dividend stocks give you an income while you hold, which could be reinvested to take advantage of future compound growth.

LTI you just can't admit when you're wrong, it's a significant flaw in your personality.

LTI you completely dismissed the possibility that Market's, Lloyds, NWG and many other stocks including big tech dropped due to the unwinding of the Yen Carry trade's; Clearly the majority of the professional analysts and financial media disagree with you.

"Bros you need to get with the programme..Unwinding carry trades cause the last dip"

Apparently the Guru, LTI, says that's nonsense even though all the Financial commentary has indicated as much, in fact he says I'm stupid for suggesting it:

"Flec

I thought you would have learnt your lesson by now regarding unwinnable nonsense arguments that you bring up - first buybacks, then National Grid and now the reason that Lloyds share price has fallen after riding up 50% in short order. I believe I said all that was needed in my previous post.

It is ludicrous to suggest that because Japan has an interest rate of 0.25% that Japanese borrowers were under stress and had to offload Lloyds stock.

Who are these Japanese who had to sell Lloyds shares?. I cannot believe the stupidity"

OTC (Over The Counter) is just another way of saying Off Book. It's a mystery what these spurious trades, wildly different than the On Exchange price, are about; It's anyone's guess.

It's cost:

AKO around £3.9 Million

CPPIB around £4.6 Million

Blackrock around £3.2 Million

"Although some of these stay on openreach network (less than they did, now alt nets are available) wholesale customers generate less revenue than a retail customer would, in line with reducing reported revenue"

Aus, anyone with half a brain can see that BT will lose a percentage of their revenue to competition, but over time BT will also retrieve customers from Altnets should BT be allowed to aggressively compete on price once OFCOM takes the shackles off.

Something's you didn't mention in your post is the move to Passive Optical Networks, building closures, and convergence, all massively reducing BT's energy bill and leasing costs; Add to those staff and Capex reductions, and BT should grow the bottom line significantly over the coming years, even with big drops in revenue.

Lol

https://www.youtube.com/watch?v=iJSyGlmT3lk

It's about time the Government did something about these Far Left Fa5cist marchers, they don't represent the silent majority view. I remember the marchers trying to block Brexit, heavily pumped by the Independent and Guardian media releases, and everyone still voted for the Conservatives because they believed Boris. The truth is the country has moved away from the center ground since Brexit, and it's totally the fault of the politicians who tried to overturn a democratic vote.

Obelix it's delusional to suggest negative posters on here are associated with the GSA short positions. The GSA short is only 0.82%, or 9.5 million shares, which is less than you claim to own. If I was being really generous and said GSA opened their positions at an average price of 1.5p, the maximum profit they'd make if QBT went to zero would be around £140,000. I doubt GSA would employ people to post daily, or even worry about such a small position. The fact that GSA are keeping the short open, while the price has collapsed to its current level, tells its own story.