Member Info for Gunsup

LTI

As we are knowing the MCAP is simply the number of shares x the price per share . It is not the fixed figure...so if you are diluting the float by creating more shares or reducing via say the buyback then the MCAP should be by the default alter. But we are see other factors they also come into play ...

MCAP it determines the size of the company..

LTI

So when the Lloyds start creating more shares for thing like the incentive scheme. ?

Be due the next block listing six monthly return in a month or so.. Last one was showing 148,440,747 under the Lloyds Banking Group Sharesave Scheme

LTI

"The number of shares that make up any businesses share capital is irrelevant "..

Is funny is that one Bros...🤣🤣🤣

https://www.investopedia.com/ask/answers/012715/why-would-i-need-know-how-many-outstanding-shares-shareholders-have.asp

Morning Bros..

Just a quick post ..

New greenwashing regs has come into play.. Banks have been warned,,

https://www.msn.com/en-gb/money/other/regulators-urged-to-launch-probe-into-greenwashing-by-uk-s-major-banks/ar-BB1noeZN?ocid=BingNewsSerp

"Greenwashing is the practice of using environmental and related claims to burnish a company's image, without backing up their words with action1. Here are some ways to identify greenwashing in banking:

Read your bank’s impact reports carefully

See if your bank finances fossil fuels

Check for external certifications — or the lack of them

Investigate easy 'feel good' tactics Banks face significant financial, as well as reputational, risks from greenwashing.

So how this fit in..

"Aston Martin selects Lloyds Banking as motor finance provider"..

https://www.motortrader.com/motor-trader-news/automotive-news/aston-martin-selects-lloyds-banking-motor-finance-provider-31-05-2024

Or finance for any the ICE engined cars?

One for the population counters...

https://worldpopulationreview.com/countries/united-kingdom-population

"Current projections have the United Kingdom's population surpassing 75 million in 2060 and experiencing continued growth throughout the century reaching 77.97 million in 2099"....

Morning Bros..

No one he /she etc they mention this, but is very important. Govt should be ashamed of itself with this one... Get people working, slash benefits, whatever it take... You know what I am saying?

Number of households that have never worked hits 12-year high.

https://www.msn.com/en-us/money/personalfinance/number-of-households-that-have-never-worked-hits-12-year-high/ar-BB1ngsgF?ocid=BingNewsSerp

" 269,000 non-student households where no adult had ever been employed, the highest since spring 2012 "..

That the same as the population of the City such as Derby..

"Between January and March, there were 4.3 million 16 to 64-year-olds living in households where no adult was employed. This is almost 300,000 higher than the end of last year and the highest total in seven years". Or 4 Cities the size of the Birmingham worth...

Ricky

Jive talking there bros. At 60p the forward P/E of Lloyds would be at the 9.4% which is just above the market consensus. you know what I am saying?

MV

respect

You says

"I agree, giving the government 100% control over your wealth, is stupid",,

Is not the plan at all. neither is the choice binary ...cash or CDBC.

There is the divergence between what say the EU want and Uk are looking at currently !!!

Uk CBDC is along the lines of ( synthethic)

"First termed by Tobias Adrian and Tommaso Mancini-Griffoli of the International Monetary Fund in 2019, sCBDC aims to foster innovation and growth by granting licensed private e-money issuers access to central bank reserves, for them to back customer-safeguarded funds with riskless public money.

This design outsources operation and management to private entities, yet offers the public indirect access to central bank money.

It offers the security of central bank money, yet frees central banks from servicing retail customers.

This mitigates inherent operational risks for central banks and avoids conflicts of interest, while at the same time promoting innovation and growth driven by competition".

EU is looking at ......

"According to the ECB, this digital euro is envisioned as "an electronic means of payment available free of charge to everyone."

Proponents argue that this move aims to make public money readily accessible for digital payments over the next few years, enhancing convenience and fostering healthy competition within the European payments sector".

STP

Respect.

Sunak announces a big policy plus and election? Does this affect Lloyds or the wider economy. Why has he done this now?

Everyone will have an opinion on this. Mine is that it will have a negative sentiment on investments... So by the default it does affect Lloyds.

Govt we know is well short of money. IMF says £30bn, but figure much larger than this surely given the liabilities..

NG raising funds like there is no tomorrow to get the energy grid modernized.

Banks oilers looking like the low hanging fruits to some.. Just saying...

Mine is that I see the SP of Lloyds at some stage reflect this. Other we knows see different hence the list Mr Asperger he posts.

Mick-b

No surprise their with that one. China, North Korea and Iran are no doubts testing their tech and weapons in Ukraine. The West is doing the same....

Afternoon Bros..

More evidence all not so rosy in the financial services sector.. Interesting read...

Fall in bank bonuses blows a hole in the Government’s finances

"Income tax and National Insurance contributions (NIC) revenues were almost £5bn lower than predicted in the financial year which ended last month"

https://www.telegraph.co.uk/business/2024/05/26/fall-in-bank-bonuses-blows-hole-in-governments-finances/

As for the election.. Is a plague on both their houses..

National service, told to stock up... Any guess where this heading? You know what I am saying?

MV

Respect. Prisons

For sure that is the case.

More of the problem they cannot build them fast enough. Crime surging.

My friend work for MACE. They are "building" modular prisons such as the new one at Fosse Way. ( google them)

He been up north to survey another site but say they need to spend £2m to provide a new substation first. National Grid is due £30bn upgrade but will take yrs.

On renewables I know someone he work at SSE. They didn't bid for the Govt windfarm auction due to high unit costs but they looking at Carbon capture sites and supply to plug the gaps renewables have.. You knows when the sun don't shine and the wind it not blow..!!!

Chid

Is a problem for sure.

I note a couple days back the case in Sheffield court.

No business but took out £50K Covid loan.. Spend on new car etc.

His sentence 18months suspended and pay back only £2K at £100 a month..

Why he not pay back double what he stole?.. make me fume to see my taxes just written off like this.

Govt own website as if they pleased with the outcome.

https://www.gov.uk/government/news/sheffield-man-sentenced-after-spending-fraudulent-covid-loan-for-non-existent-business-on-bmw

Morning Bros.

mick-b. No surprise this one. Was as we said would be happening.

Other key figures to watch will be the outflows from pension funds as people cash in as well as individual investor sentiment as election day draws near.

Tory Govt was bad in so many ways but as has been said what follows.. ??

Bros quick lunch post..

All getting very interesting. Timing a coincidence?

https://www.thetimes.co.uk/article/stock-up-for-three-days-in-case-of-national-crisis-official-advice-0jp5t7s9c

Govt own website..

https://prepare.campaign.gov.uk/get-prepared-for-emergencies/

"Put together an emergency kit of items at home"

This could include:

List follows in article...

But tell you what bros . Not a tin of the Spam to be found soon and avoid stocking up any frozen goods..😂😂😂

I am wondering which emergency coming next... Ukraine my own personal hot favourite.. Ukraine it needing boots on the ground...

Also. Forget to add we has also

Factor 8 compensation to be paid. Ken Clarke should be in the dock over this imo... ? £10bn

Plus we has the WASPI women.. To mind mind not the strongest case and would be in the line behind the Equitable life losers. Plus is not the real pension fiddle as my dad he say. that we has two rates of pension the old and new.. Why they not the same?

Plus of course we has the begging bowl from Ukraine to chip into.. Wars are very expensive.

Revenue from fuel falling as more people use the EV or even give up their cars due to hostile councils and costs..

Morning Bros..

Inflation down?...Govt massaging the figures more than lubricant Lil at the local massage shack...

Of more importance to my mind is the National debt.. With the "borrowing for April overshot forecasts, hitting £20.5bn, in the fourth-highest April since records began in 1993".

TFE , Respect I think it was you who posted the shortfall the IMF was saying. Somewhere in the ballpark of £30bn.

They also say , squeeze more inheritance tax and EV drivers ( BMJ figures not good on casualties)...

But why not be slashing the benefits? Force people to be working. For too long the Govt has been dancing to the old dire straights song of money for the nothing. You know what I am saying?

Brix Morning Bros..

Have to dash but WB not the only one hanging out with the bears.

https://www.msn.com/en-ph/news/other/stocks-aren-t-attractive-at-the-moment-jpmorgan/ar-BB1mJSbd?ocid=BingNewsSerp

"PMorgan Chase&Co. (NYSE:JPM) maintained its notoriously bearish stance on equities, advising clients that stocks do not present an attractive investment opportunity at present.

The broker's market strategists pointed to a multitude of factors reinforcing this perspective, including high equity valuations, tight credit spreads, and persistent low volatility.

Moreover, the strategist highlighted the impact of restrictive interest rates expected to persist, elevated inflation, stretched investor positioning, consumer stress, and geopolitical uncertainty as reasons for the firm's defensive positioning.

In a client note, the strategist emphasized the lack of appeal in equities".

"We do not see equities as attractive investments at the moment and we don’t see a reason to change our stance."

As they says . Time will tell.

Morning bros.

Dividend in the pocket....

Key update on the inflation this week. VM been reducing some rates already ... For the Safety first Best 1yr fixed savings I find is with is Oaknorth with loyalty bonus.

.But as article of the interest.

Managed v tracker..

https://ifamagazine.com/9-out-of-10-uk-pension-funds-have-underperformed-a-simple-index-tracker/

"9 out of 10 UK pension funds (91%) have underperformed a FTSE All Share tracker over ten years

72% of UK pension funds have underperformed a tracker by more than 10% over 10 years…

…and 37% have underperformed by more than 20%

Funds from big providers like Clerical Medical, Phoenix, Scottish Widows and Standard Life find themselves significantly lagging a tracker"...

Percentage of global gdp

Uk

1.33 %

Germany 1.75%

EU inc Germany 7.19%

India 7.51%

USA 13.3%

China 18.9%

Morning Bros..

LeeRex Respect.

The USA is the Jenga piece that you must not pull out as the whole pillar collapses, but POTUS he is doing just that.

In the Uk we has the Labour inbound.. How scary is that for us.. Let Mr David Starkey explain..

"A Labour Government Should FRIGHTEN Us All. To Save Britain We Must REVERSE Blair's Revolution"

https://www.youtube.com/watch?v=RVa27KpH--U

GDP figure this week, What you says? Immigration adding 1% to the population yet GDP only 0.6%. Needs to be 5% to cover the debt being piled on. But at the 0.6% it shows that GDP per head is falling..

Wealth never been more divided despite our " New Tory" regime and its benefits bonanza...