Member Info for foobar20

Https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2023/q4/2023-lbg-fy-consensus.pdf

64.09b shares

The FCA estimates this could be costing consumers £300 million a year.

(https://www.moneysavingexpert.com/news/2019/03/regulator-considers-changes-to--unclear-and-excessive--car-finan/)

We have 25% of the market?

300,000,000 * 10 years *.25 = £750,000,000

Put me down for 71p.

Cheers

They've reduced their holdings by 15%

PFC, really?

It hasn't made anything approaching profit in over 7 years.

Https://www.londonstockexchange.com/news-article/RR./capital-markets-day/16226794

Link

https://www.thisismoney.co.uk/money/markets/article-12790079/Rolls-Royce-boss-Tufan-Erginbilgic-Britain-win-nuclear-race.html

Https://en.wikipedia.org/wiki/Crown_Estate

...For all practical purposes it is state property,

Https://www.telegraph.co.uk/business/2023/11/17/lab-grown-food-next-great-investment-boom-save-world/

Assuming i've not misread the accounts..

UKW is making around £1B profit, has outstanding long term debt of £1B and a dividend cover of 3X.

They can pay down 2/3 of the debt this year and still cover the dividend.

Use firefox with noscript plugin installed.

Https://www.lse.co.uk/rns/LLOY/total-voting-rights-17fl2ahgqtz46ps.html

Also

https://www.telegraph.co.uk/business/2023/06/20/keir-starmer-stop-nuclear-power-plant-support-nick-butler/

Https://www.telegraph.co.uk/business/2023/06/20/europe-cannot-reach-net-zero-without-nuclear-rolls-royce/

@Gavster-NBC

Just a guess, FT had an article about forced selling.

Possibly Odey Asset Management is selling.

Https://www.telegraph.co.uk/business/2023/06/13/rishi-sunak-banks-protect-borrowers-high-mortgage-rates/

Https://www.theguardian.com/politics/2023/jun/08/rishi-sunak-joe-biden-landmark-deal-uk-us-cooperation-washington-declaration

..'The deal, which will give British green energy and defence companies access to US markets, will allow British businesses to take advantage of US subsidies as the UK moves away from complaining about Washington’s economic policies to trying to take advantage of them.'

Just read this..

https://westcountryvoices.co.uk/tough-times-for-putins-fellow-travellers-in-the-uk/

...

The links between Russia and other leading supporters and bankrollers of Brexit are less well known. Take Banks’ close associate Jim Mellon, a multi-millionaire with whom Banks owned a bank in the Isle of Man and who gave £100,000 to Banks’ Brexit campaign. Mellon’s fortune originally derived from the chaotic world of 1990s Russia.

“I had read somewhere that Russia was privatising its industry and that they were handing out certificates that represented a share of the post-Soviet state to every adult,” Mellon has explained.

He bought up large numbers of these certificates at rock-bottom prices from Russians who “did not think they were worth more than a bottle of vodka”.

Mellon’s company Charlemagne Capital, and funds that it controls, went on to take advantage of many other opportunities in Putin’s Russia, not least the privatisation of Russian fossil fuel companies such as Gazprom.

It also benefited from one of the “business opportunities” held out to Arron Banks by Russian agents in 2016. Three weeks after the Brexit referendum, the Russian government sold its stake in the Alrosa diamond-mining company through a private offering to a restricted group of investors, at a discount to the company’s market price. A fund managed by Charlemagne Capital was one of these.