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Luckylurker
" good luck chaps & keep filtering those loons."
One loon with 4 known ID's. ImaRight, Simones, SHEENS and carltt.
That loon is throwing his toys out of the pram big style going by the number of green boxes I am seeing on my screen today! Bliss.
After 53 trading days, buyback complete to date:
Total shares to date....................................................1,178,741,599
Aggregate cost to date... ............................................£593,990,141.56
Average price paid to date..........................................50.3919p
Percentage of £2 billion buyback completed............29.7%
Deutsche Bank has initiated coverage of Lloyds Banking Group PLC (LSE:LLOY) with a 'buy' rating and a price target of 61 pence with analysts expecting margins to stabilise in the third quarter.
The benefits of what it described as a 'structural hedge' are likely to offset the adverse effects of potential base rate cuts, it added.
In a note to clients, Deutsche also points to a reduction in the number of shares by 14% from 2023 to 2026 and an increase in the capital conversion rate from 88% to 107% as potential positive financial drivers. As a result, Lloyds' free cash flow yield is expected to reach about 16% by 2026.
Additionally, the bank's tangible net asset value (TNAV) is projected to rise by 33% to 68p by the end of 2026, it said.
https://www.proactiveinvestors.co.uk/companies/news/1047204/lloyds-a-buy-says-investment-bank-here-s-why-1047204.html
For comparison of progress of this years buyback compared to last year's buyback, after 52 trading days of the 2023 buyback
Total shares to date....................................................1,850,315,343
Aggregate cost to date... ........................................... £887,348,770.86
Average price paid to date..........................................47.957
Percentage of £2 billion buyback completed............44.37%
After 52 trading days, buyback complete to date:
Total shares to date....................................................1,175,540,578
Aggregate cost to date... ........................................... £592,255,537.09
Average price paid to date..........................................50.3815
Percentage of £2 billion buyback completed............29.61%
Lti
The Tesco share buyback, I have noticed that every day that shares have been bought back since it started, only 100 shares have been purchased each day? And it is only one trade each day at the same time at 08:01:32 every day?
I made a post under this thread this morning which has been deleted. Going by the amount of green boxes on my screen very soon after I made the post it is obvious who the culprit is.
Anyway, for anyone who did not get to read my post before it was deleted, it was just saying that Simones who made some posts yesterday is none other than ImaRight. A list of aliases that ImaRight posts under are.....
ImaRight
Simones
SHEENS
carltt