Member Info for hardup

"Still have the order buying the shares @34.5p (not SB). ATB"

So why did you close the short this morning?

After 116 trading days, buyback complete to date:

Total shares to date.....................................................3,799,261,124

Aggregate cost to date... ........................................... £1,751,533,616.28

Average price paid to date..........................................46.102p

Percentage of £2 billion buyback completed............87.58%

DT

Well the markets are positive on the news!

"The FTSE 100 joined a global equity rally on Thursday after US CPI rose 3.2% in July, lower than the 3.3% consensus estimate but higher than last month’s 3% read.

Today’s release confirmed US CPI is well past its worst levels and is settling at a level that removes the need for sharp interest rate hikes. Investors cheered the release, with the S&P 500 trading over 1% higher and the FTSE 100 gaining 0.3%.

“After today’s data, the probability of a Fed rate rise has decreased, and this is already being reflected in the markets – stock futures are up while two-year treasury yields and the dollar are both down,” said Richard Flax, Chief Investment Officer at Moneyfarm."

https://ukinvestormagazine.co.uk/ftse-100-gains-as-us-inflation-propels-stocks-higher/?

Falky

Are you still paying £16 for a loaf of bread?

Falky

"My short probably has put the city boys on alert....imho"

It has me 🤣🤣🤣🤣🤣

Halifax, part of Lloyds Banking Group – the UK’s biggest mortgage lender – is reducing rates by up to 0.71 percentage points from Friday. That means a five-year fixed rate currently priced at 6.10% will be offered at a rate of 5.39%.

https://www.theguardian.com/money/2023/aug/09/four-of-britains-biggest-lenders-cut-rates-on-fixed-mortgage-deals#

Falky

"Shorting @ 42.932p...IMHO-DYOR"

Do you still have this short open?

"Lloyds 43p big boys not interested"

NWG 235p big boys not interested.

Barclays 148p big boys not interested.

Falky

"The worst is yet to come....IMHO-DYOR"

For anyone who has a short on Lloyds, yes. By the way, how's yours going?

"Shorting @ 42.932p...IMHO-DYOR"

Brixton

Indeed BP SP quickly recovered the ex dividend drop this morning. Hoping for a rise here in the run up to dividend payment day 12th September. They paying a decent dividend so I happy to hold for better times. I can understand the frustration though shown by some who invested here at SP 60p +.

Gate......I also did the same 8 days ago, only person I have ever filtered. More users should do the same. He/she feeds of off other people responding to his/her bigoted and warped posts.

After 115 trading days, buyback complete to date:

Total shares to date.....................................................3,794,192,779

Aggregate cost to date... ...........................................£1,749,354,227.93

Average price paid to date..........................................46.106p

Percentage of £2 billion buyback completed............87.47%

"Carltt, is either a wind up merchant or needs treatment for obsessive disorder "

Or euthanising?

"The Aliens are in control of this country, turn your TV on take a gander ........any channel."

https://www.youtube.com/watch?v=U4MTgjNkfyI

After 114 trading days, buyback complete to date:

Total shares to date.....................................................3,766,432,243

Aggregate cost to date... ........................................... £1,737,439,405.88

Average price paid to date..........................................46.13p

Percentage of £2 billion buyback completed............86.87%

After 113 trading days, buyback complete to date:

Total shares to date.....................................................3,705,775,868

Aggregate cost to date... ........................................... £1,711,557,330.67

Average price paid to date..........................................46.186p

Percentage of £2 billion buyback completed............85.58%

Stagecoach

"Lloyds the only major UK listed bank not to extend it's current share buyback programme in 2023 half year reporting has certainly sent the wrong signal out to financial markets.

Investors may now ask, is the current state of the balance sheet maybe not everything as it seems ?"

"Ask the question once again.

Why did Lloyds not follow suite with the sector and announce a further injection of cash into their current share buyback programme to take advantage of declining banking sector share price values ?"

Although Lloyds only announced 1 buyback for the year, Lloyds are still spending far more on buybacks than Barclays and Natwest! Lloyds £2B. Barclays £500M + £750M = £1.25B. Natwest £800M + £500M = £1.3B.

Gazz,

11th December 2019 they listed on the Saudi stock exchange (Tadawul).

Gazz

Aramco is not wholly owned by the Saudi government. 1.5 percent of the shares were floated on the Saudi stock exchange.

After 112 trading days, buyback complete to date:

Total shares to date.....................................................3,673,636,716

Aggregate cost to date... ........................................... £1,697,682,858.75

Average price paid to date..........................................46.213p

Percentage of £2 billion buyback completed............84.88%