Agreed, everyone has the right to free speech but that doesn't mean we have to listen. That is why there are multiple television channels. I can watch Jackanory rather than read the rubbish on here at times. I have filtered the two morons LTI and Falkland whatever and a couple of others. They are fantasists and have no intention of wasting any more seconds reading their garbage. Similarly, everyone is free to filter me, I really won't lose sleep over it.
RE: UK retail sales jump unexpectedly in April20 May 2022 10:37
I walked past a High Street office in Perth this morning. There were Brexit related quotes from three senior Conservatives. All said that, post Brexit: * Food costs will be lower * Energy costs will be lower * Taxation will be lower. Oh well, enough people believed it at the time.
You don't get it do you. They use our profit, money that should go to share holders, to line their own pockets and perks. The market doesn't believe that buy backs will do anything to help this share. And to think that the Government thought that the shares in this company were worth over 70p. So divorced from reality.
Casa. Experience. The market knows from experience the effect of buy backs on this share. Effect of buy backs = zero effect or negative. Definition of insanity , doing the same thing and expecting a different result.
Utter drivel. Manipulated figures. Fifty years ago iyou could borrow three times salary at a decent interest rate and affordable interest rate to buy a house. Nowadays, you are looking at a multiple of between 4.5 and 7 at an artificially low interest rate and a monster deposit (often achieved by mum and dad getting into debt). Wait to the interest rates rise to a reasonable level and then tell me the house prices are affordable.
As I have posted before , my nephew's sister-in-law, with no underlying health conditions, took 15 painful months to die as her organs progressively failed. I have self isolated and been ultra careful for over two years except once . In November, I took my doctor's advice, and went, fully vaccinated, to get my flu jab. Caught a bug, LFTs show negative, but had the major symptoms of COVID. Six months on, not recovered yet, and a lump has been found on my lung. So, I don't take to pandemic denyers , COVID is a mild illness and anti vaxxers kindly.
Fake pandemic? Really? I thought that most of you sickos were dead from COVID. Oh well, maybe we will get lucky and Calisto or his family will succumb to the non virus. 15 million people have died. Shame on you.
Of course Lloyds share buy backs don't result in an increased share price. They simply reissue them as bonuses. We pay for their bonuses out of, what should be, our dividend. This is the way it has been since I was a shareholder.
Since when is a dividend a buy back. Time after time, idiots shout that buybacks are a good thing. No they are not. Buybacks = a BoD who don't know what to do. In the last three or four buy back schemes, good money, our money has been used to be it back shares only for them to be reissued as staff bonuses. Average purchase price, 45p. Today's opening price 43p. I could purchase better than they can. A total disgrace.