Member Info for Gate13Boy

She’s awful Rachel Reeves. I wonder how she will compare with John McDonnell. Not much to beat mind…..

And British Aerospace and Centrica. There are probably others. I guess what I’m trying to say is livestock you’re talking cr*p - buybacks are very much in favour 😳

The central bankers all make threats to rise rates again because they want companies to keep a lid on their prices and wage settlements. Barring some macroeconomic event, I can’t see interest rates going up again in the next couple of years.

BP, Shell, GCP infrastructure, Diageo, Chemring, and Unilever are currently doing buybacks in my portfolio.

I guess at the end of the day the effect on profits of higher rates is key. Slightly higher NIMs maybe beneficial but if impairments are higher, that benefit will be negated.

I personally hope interest rates will not go any higher having bought a load of bonds recently. Just praying the Middle East conflict does not become a wider regional affair affecting oil prices and the knock on effect that would cause to inflation.

👍

“Buybacks are not in favour with markets”

I have 5 or 6 stocks in my portfolio where buybacks are or have been carried out in the last 6 months. I presume you don’t own many other shares to make that remark ?

What a load of rubbish livestock.

You just don’t understand how they work because you don’t understand the factors that affect a share price. Look how many buybacks have been done in the USA in the magnificent 7 stocks and how successful they have been.

2 x £100 = £200

I wouldn’t be worried. Unless the oil price spikes and inflation gets fresh impetus, bond prices will start rising again as inflation falls and interest rates eventually start to trickle back downwards.

Just added some more bonds to my portfolio.

You’re a doom loop Darth/Mach 😉

The land of milk and honey is not all it’s cracked up to be is it avocet ?

You’ve said something sensible for once Gazzleberry. Indeed higher interest rates are not necessarily beneficial to the banks. They result in higher bad debt provisions and a falling housing market.

Thanks. I normally use the DIV MAX website but there is no declaration date on there but an ex Div date. It would make sense that it would be later than they suggest.

Let’s hope there’s another big buyback with the final results if the SP is still around these levels.

SUFF surely to God you have your Lloyds shares in a SIPP or ISA ? If not you’re mad giving tax on dividends to the Inland Revenue 😳

Yes I did mean the public sector final salary scheme LTI. Mine was capped at 5% along time ago. This was never a problem until last year 🙄

Porsche,

They allowed you a vote then ?

Indeed LTI. Mine has been capped at 5% too.

I did tell you livestock that increased NIMs are not the holy grail. Bad debt provisions increase and net against them. Besides the banks have been told to pay better rates of interest now. That was always going to happen. Yes the share price now is lower with bases rates at 5.25% than it was when they were 0.25%.