Member Info for Gate13Boy

Falky, you’re like a stuck clock. At some point you will right amidst all your other incorrect predictions.

You will be getting a dividend Brixton unless they’ve suspended dividends and I’ve missed it ?

LTI is very knowledgeable and speaks a lot more sense than a great number of posters on here. I’m sure he’s taking a well deserved break. Bring on more buybacks on Feb 22nd. The ordinary dividend will be increased, there have been no disposals or extraordinary profits so there will be no special dividend.

Bought some more of these yesterday. Hoping the next dividend in April will be better than last years.

WW,

Maybe you haven’t lived long enough. Callaghan’s and Wilson’s governments were a disaster and Brown after emptying the bank as chancellor, was little better. Thankfully the electorate stepped back at the last minute stepped back from letting Kinnock and Corbyn into number 10.

Yes, what were you thinking ? Now, we’re all going to get to watch you moan about it again like last time you were a shareholder here 🙄

WW and Falky,

Yes the Tories have not been good at times. Silly changes of leadership and covidgate but you ain’t seen anything yet when Starmer and his lefties destroy this country.

You obviously haven’t lived under a Labour government yet. What are you doing on here if you hate capitalism so much

STP ?

Begs the question STP as to what you’re doing on a share website if you want capitalists taxed.

Bet you can’t wait for your socialist mob back in power Red mick-b can you ? We can look forward to the unions holding a Labour government to ransom again, even higher taxation to fund Labours wasteful spending, an expansion of the wasteful and inefficient public sector, windfall taxes on oil companies, banks etc. Last one out turn the lights out……🙄

Yup, UK stocks comprise just 14% of my portfolio in my SIPP now. The FTSE compared with the S&P500, Sensex (India) and the Nikkei over the last 5 years, has performed woefully. Better returns buying currently hedged funds in those countries 😎

You said this NuckyT on Feb st

“My advice is don’t touch this share with a barge pole. Wouldn’t touch it even with someone else’s money. Move onto something else, anything is better than this.”

And yet you’ve declared that you’ve bought back into Lloyds recently. How bizarre 🤷‍♂️

I wasn’t aware Lloyds lost £2bn somewhere in their figures. I presume it’s a childish swipe at buybacks. Billions of shares were removed from the register with that £2bn. Maybe you weren’t aware of that ?

Cuckoo,

I’ve never had finance on cars I’ve bought. I’ve always paid for them in cash/bank transfer. If the banks have been upto no good again, I’m dismayed. I agree, people should be responsible for their own actions. It’s been too easy to get credit for years now. I guess I come from a generation who apart from getting a mortgage, don’t buy things until I’ve got the money for them.

From the FT

“

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https://www.ft.com/content/96559959-0931-43d9-ad71-e0f14149af44

Analysts said Lloyds — which owns Black Horse, the UK’s largest car finance lender — is particularly exposed to an influx of compensation claims, with Jefferies estimating the lender could be hit with a total bill of £1.8bn.”

It’s his job I guess being a champion for the consumer. I’ve always thought car finance is a rip off and have never used it. Sounds like the next PPI type scandal brewing 🙄

I have read what you’ve written. There won’t be a special dividend (there’s been no disposal to facilitate that and I doubt the profits will be materially above last years) and I’ll bet there will be a buyback. We shall see later in the month.

Cuckoo,

Your posts are becoming more and more incomprehensible.

There’s no conspiracy here. A buyback hasn’t even been announced yet. Let’s see what happens later in the month on results day.

Peeps can always vote with their feet and sell up instead of constantly whingeing about the share price. Think of the opportunity cost by not being invested in something else ? If you’re sitting on a paper loss, it’s futile hanging around to get to your break even point if you don’t feel the share price is going to rise.

How do you cancel shares for staff that are contractual ? I presume you are refer to some of the block listings that appear in the RNSs from time to time ?

I have no problem with buybacks. The big US companies use them instead of paying dividends. The issue with Lloyd’s current valuation is nothing to do with buybacks. A potential Labour bank tax, the motor finance issue (which Lloyds is heavily exposed to and which could be the next PPI scandal) and fears of a recession are weighing on Lloyds share price IMHO. I’d also like to see the Board make some astute acquisitions. Not much seems to happen on that front and all we hear about is branch closures mainly.

Where have I been contradictory cuckoo ? You’re losing the plot fast.