Member Info for hardup

Time should be given for the effect of current interest rate level to filter into the economy before hiking rates again. There are an estimated 1.6 million fixed rate mortgages set to expire in 2024 who will have to refix at a far higher level which will filter through into the economy next year.

Maybe to early to talk about cuts to interest rates, but hopefully interest rates have peaked. That would be a foundation for a turning point in the economy.

Falky

"I am just asking , no frill nor wind up, Simple question."

Well if GGekk0 was going short do you not think he would have done that today rather than wait for SP to drop to 40.2p?

Falky

The upcoming October CPI update on 15th November and Autumn Budget on 22nd November will be very influential for Markets and Bank SP's. Sunack and Hunt maybe forced to give away a few "vote winners" in the Budget to improve their standing with the electorate in the polls?

"Are you going long or short ? LOL"

Straight from the mouth of the short guru himself! 🤣🤣🤣

"Order in 40.2"

🤣🤣

Santa rally......lol! So what reason has the market found today for pulling Lloyds down nearly 1% when all the other Banks SP are up?

Falky

You are the one who has been caught out telling porkies!

''My call of 39.5p in 2023 was achieved (many times so far)...DYOR''

Falky the 🤡

https://www.youtube.com/watch?v=8L6KGuTr9TI

Falky

"Thank you, the truth has spoken....I said it, over 18 months ago, the sp will hit 39.50p in 2023."

lol lol lol lol lol lol lol lol.........and it was not you who spoke the truth was it!

''My call of 39.5p in 2023 was achieved (many times so far)...DYOR''

That'll do me Brixton. The hotels up here are full of tourists, not asylum seekers/migrants.

Falky

"Have a look @ IGINDEX, Lloyds Charts, you will see how Many times the sp went sp to sub 40p in 2023...."

No one is questioning that. But you have moved the goalposts again, you said

"My call of 39.5p in 2023 was achieved (many times so far)...DYOR"

Have a look again at IG Index and tell us how many times the SP went sub 39.5p in 2023.

"Your changing in the next election political allegiance, because the equivalent would be you've foolishly planted Japanese knotweed in your Garden instead of Clematis."

Brixton thinks he is Oscar Wilde 🤣🤣

Lti

"No one has a crystal ball which will give the share price at any given time throughout a 12 month period. It is logical to start a share repurchase programme asap after its announcement."

You don't need a crystal ball? The SP has been in low 40's since the buyback completed in August. They could have appraised it at that time then when the SP was low....no crystal ball about it. There is no reason why they could not have announced a continuation of the buyback at that point, as the buyback vote was approved at AGM.

"My preference would be for the Lloyds share price to remain lower for longer . Mid 40's would be fine for the next 5 years. Next share repurchase programme now less than 4 months away."

It seems a share buyback is the route Lloyds will be going for the next few years as the vehicle in which to make excess cash distributions. OK, if that is what gets approved every year by share holder vote, then so be it, but the BOD should pull their heads out of the sand and wake up and smell the coffee! If we are to persist with buybacks then they should rethink around the timing of making decisions on excess cash distributions. Their current philosophy of restricting this to once a year at Final results for decisions on excess cash distributions is not allowing them to take advantage of low SP in the months prior to end of financial year and final results. We could still have been buying back vast amounts of shares in the low 40's after the buyback announced at Februarys Final Results was completed. Barclays, Natwest, HSBC, Standard Chartered all do this......they all announced further buybacks after completion of ones announced at their Final Results! Time for the Lloyds BOD to get their act together to the benefit of the share holders!!!

Markets are manipulated enough by the city wide boys without AI, looks like it will get much worse once they get streetwise with AI!

"As the risks posed by AI continue to be a growing concern, researchers say that AI bots are capable of insider trading and lying. The capabilities were demonstrated at the international AI Safety Summit held in the UK, where an AI bot purchased stocks “illegally” using made-up insider information without letting the firm know. The bot then went on to deny that it had used insider trading at all."

https://techreport.com/news/ai-bot-makes-illegal-financial-trade-and-lies-about-it-at-uk-ai-safety-summit/

£X less than £XXX,XXX,XXX

"Bring back Latin in the schools. End of problem."

No, we should concentrate on getting them to speak English in the schools. End of problem.

"This time next year we'll be Bankrupt Rodney.........😎"

Anyone who invested in ARGO Resources will be. 😎

This time next year we'll be millionaires Rodney.........😎