Member Info for Gate13Boy

£1bn of buybacks out of a market cap of £45.5bn = approx 2.2% which translates to approx 1.6p per share. I really don’t know why people keep trawling over this. The maths are very simple. When the buyback is complete, the shares will be 1.6p higher than they would have been without it. 52p, 82p etc is just plain nonsense and nothing to do with the value of this buyback.

Jamesroo’s unhealthy dislike of buybacks is bizarre. He can either have more cash in the form of dividends and a lower share price or the opposite. They’re not a con. And share options/awards diluting FTSE companies share capital is commonplace throughout. I’m indifferent to them and can’t get worked up about them. The simple fact of the matter is the share price now would be between 60 and 61p if the recent £800m of buybacks hadn’t been done.

Oh dear 2cv - no prize for you then zzzzzzzz

His posts seem to have been removed. Maybe the mods thought Deadcatbounce and DCB were a bit too similar in name to be a coincidence and didn’t want to take any chances......lol

You should have poked your head in a month ago when Deadcatbounce was polluting this board. You’d have thought it was a lunatic asylum......

Oh dear JMO, I see we’re on his filter list again zzzzz. He can’t stand opposing views at the ballot box or opposing views on here without throwing his toys out of the pram. Never mind - we’ll survive the latest filtering lol.

I haven’t Snige - perhaps Jayfax could help there. Enjoy your afternoon too.

Disingenuous again Jayfax. Where exactly have I said people are not people if they don’t vote ? You really must brush up on your debating style instead of trying to put words into the mouths of others. Where was it legally decided that there should be another referendum Jayfax ? The ones agitating for another referendum tend to be the Remoaners who didn’t like the outcome of the first one so they can try to extend the status quo prolonging the vacuum ahead of leaving the EU at some point. Would that be you ? I’m sure the terms of a referendum on the deal would receive a thumbs down by many leavers who want a hard Brexit as well as the Remainians and would just lead to more and more pointless referendums prolonging the paralysis and uncertainty. Thats why I don’t want another one. Anyway, I must get on. The weather is far too nice to be spent arguing with you on here. Ta ta for now.

Not sure where I’ve said that Snige. Can provide me with a quote where I have ?

I’m afraid my definition of the voice of the people differs from yours. The voting electorate is the voice of the people. Those who didn’t vote evidently didn’t want their voice heard if they had an opinion in the first place. Democracy sucks eh ?

You’re the one who needs a bigger spade. These people didn’t exercise their democratic right to vote. You’ll be telling us next that all those who didn’t vote in the last General Election negates the Tory’s right to have formed a government - pathetic.

That commons clip is 7 years old. Have you got a more upto date video of his opinions now on a 2nd referendum ?

Jayfax - you are being disingenuous. I couldn’t give two hoots about the 7m people you say didn’t vote. Perhaps direct your ire at them instead of those who did exercise their democratic vote at the ballot box. And those 7m of course you assume would vote to remain. Ridiculous argument you are presenting.

Same old stuff on here. We voted to leave the European Union - period. Whingeing on here because you can’t accept a democratic vote is a fruitless pastime. Your beloved EU is planning on punishing us as a deterrent to others for daring to oppose it. If it has to become a hard Brexit so be it. The EU will suffer likewise if it continues its intransigent stance in negotiations. I seldom see any criticism by the Remainians on here of the EU. The UK is a resilient nation and will be just fine. The answer of course for you guys, is to go and live in the EU bloc if you can’t stomach the majority will of the electorate here. Let the rest of us make Brexit a success instead of listening to the negativity of those who can’t accept democracy.

You’re bullish SUFCESSEX. No harm in that and some of us share your optimism longer term. We’re gonna have to wait for a while IMHO. If Brexit pans out successfully and interest rates inch up without collapsing the housing market, these will come good. Patience is the key and accept the setbacks in the interim....

Not a bad set of results, though bored of the seemingly never-ending PPI provision. Dividend has settled now at a progressive level now so these aren’t going to explode upwards anytime soon. Growth will come from PPI disappearing for good and better margins from gradually rising interest rates. I don’t share Jamesroo’s pathological hate of buybacks but he’s right about Director share options diluting share capital. I’m afraid it’s commonplace throughout FTSE companies. Voting down remuneration packages is the only way to stop it. Still happy with my holding here picking up a decent dividend yield.

Old re-hashed news about selling the airline off. That one has been doing the rounds for ages. I’m not hopeful the trading update will provide some respite. Fuel on the way up, lates market affected by the World Cup and decent weather, lots of delays etc. Hope I’m wrong.

JRM would make a good PM. However some of his old fashioned viewpoints regarding abortion etc make him unelectable. He has to show loyalty until May has totally screwed things up. Still think we should have had Boris. He’s a baffoon but a popular one who would have led us to a good Brexit and would be a good figurehead for the UK post EU. Interestingly Heseltine endorsed him a week or so ago despite their differences.

Took a punt in these at £1 a couple of weeks back and some Saga at £1.20. They’re both chronically oversold given a small hiccup in earnings or i’ve bought a pair of dogs destined for misery. Eyes shut and fingers crossed.......

Steady on there Calisto - DCB back ? Be careful what you wish for.......