Member Info for hardup

Lti
No I am not getting of the point, fleccy suggested that there is no distinction between nominee accounts and Institutional Investors which is what my reply was addressing.

fleccy
And it's my guess they would not. Pistols at dawn?

fleccy
Are Nominee Accounts classed as Institutional Investors when they compile the data? I would have thought there would be a distinction between Institutional Investors....Pension Funds, Mutual Funds etc and Nominee Accounts which would be classed as private/retail investors. The fact that around 18% of shares are held by private investors suggests that to me as I would say that almost all private/retail investors shares are held through Nominee Accounts. I do not think that 18% of private/retail shares are held as stand alone shares in the individuals name.

Gunsup
Yahoo says 81.6% of Lloyds shares held by Institutional Investors.
https://finance.yahoo.com/news/type-shareholders-own-most-number-020136764.html#

fleccy
"Lloyds share price action is easy to explain, its a long term aversion by institutional investors to invest in UK stocks"
80% of Lloyds shares are held by Institutional Investors.

Brixton
I've Just checked advfn chat. It was 9.8m shares for £25m which makes the SP for that transaction £2.63.

Brixton
"Apparently one buy of 25m shares in NWG on Thursday = £9.5m " on advfn chat " "
You sure about that? That makes the Natwest SP 38p? Don't think that is right.

Chid
We all know your mission in life is give a negative spin on Lloyds to anyone who will listen (or read), but FFS give it a rest!

Brixton
"One can't eat Gold ."
Yes you can.

https://www.thespruceeats.com/what-is-edible-gold-leaf-520343

March 17 (Reuters) - Banking giant UBS (UBSG.S) is in discussions to take over all or parts of Credit Suisse (CSGN.S), with the boards of Switzerland's two biggest lenders set to meet separately over the weekend, the Financial Times reported on Friday.

The Swiss National Bank and regulator FINMA are organising the talks in an attempt to build confidence in the country's banking sector, the report said, citing people familiar with the matter.

On Friday evening, Swiss regulators informed their counterparts in the United States and United Kingdom that the merger of the two banks was their "Plan A" to salvage the confidence in Credit Suisse, the report added.

Several other options are also under discussion between the two banks as both sides try to evaluate regulatory constraints in different jurisdictions, the newspaper reported.

The Swiss central bank's focus is on agreeing a straightforward solution before markets open on Monday, the report said, adding there is no guarantee a deal will be reached.

Credit Suisse and UBS declined to comment on the report. The Swiss National Bank and FINMA did not immediately respond to Reuters request for comment.

Bloomberg reported on Thursday that UBS Group AG and Credit Suisse were opposed to a forced merger, with UBS preferring to focus on its own wealth-centric strategy and reluctant to take on risks related to its smaller rival.

Credit Suisse is biggest bank to be ensnared in the market turmoil following the collapse of U.S. lenders SVB and New York-based Signature Bank, forcing the Swiss lender to borrow up to $54 billion from Switzerland's central bank to shore up liquidity.

https://www.reuters.com/business/finance/ubs-talks-acquire-credit-suisse-ft-2023-03-17/

Carltit
An out and out misogynist as well!

You have learning difficulties.

After 17 trading days, buyback complete to date:
Total shares to date....................................................491,853,235
Aggregate cost to date... ......................................... . £241,504,699.74
Average price paid to date.........................................49.101p
Percentage of £2 billion buyback completed...........12.08%

And for SUFC
Final Dividend payment saved to date..................... £7,869,651.76

How did you get on with your last short on Lloyds on 12th October 2022?
"I have just shorted again @ 38.80p, now hold three shorts averaging about 39.50p, will buy at 35p"

That should not affect Silicon Valley Bank?

"SVB Financial Group, the parent company of Silicon Valley Bank, announced on Friday that it has decided to file for bankruptcy under Chapter 11 of the United States Bankruptcy Code.

"SVB Securities and SVB Capital's funds and general partner entities are not included in the Chapter 11 filing and continue to operate in the ordinary course as SVB Financial Group proceeds with its previously announced exploration of strategic alternatives for these valuable businesses," the company said in a statement.

SVB further stressed that it is no longer affiliated with the Silicon Valley Bank, N.A., "or the bank's private banking and wealth management business, SVB Private," thus this part is also excluded from the Chapter 11 filing. The company further noted that its funded debt stands at around $3.3 billion and that it has "$3.7 billion of preferred equity outstanding.""

https://breakingthenews.net/Article/SVB-Financial-Group-files-for-bankruptcy/59662131

Investors in Lloyds Banking Group PLC (LSE:LLOY) and London’s other leading banks never had too much fear, that’s according to stockbroker Brewin Dolphin, which today described a Lehman-like collapse of Credit Suisse Group AG (NYSE:CS) (Credit Suisse Group AG (NYSE:CS)) as “almost inconceivable.”

Moreover, the broker downplayed the chances of similar events in the UK, citing tougher regulation on the likes of Lloyds and Barclays PLC (LSE:BARC).

It is perhaps among the factors helped shares in Lloyds, Barclays, NatWest Group PLC (LSE:NWG) and HSBC Holdings PLC (LSE:HSBA) in recovery mode on Thursday, after all four were dented yesterday.

“Sentiment has hit share prices,” investment manager Rob Burgeman said, “the regulatory regime in the UK and Europe is far tougher and unlikely to slacken any time soon”.

Burgeman added the news flow over the coming weeks “will make for volatile markets,” with the European Central Bank raising interest rates by 50 basis points on Thursday and the Bank of England set to revise UK interest next week on 23 March.

Credit Suisse had seen its shares repeatedly suspended after key investor, Saudi National Bank, warned it could no longer prop it up, but a support package from the Swiss government looked to calm things today.

RBC sees Credit Suisse’s issues as separate from the collapse of SVB and Signature Bank, but also highlighted the willingness of the UK and US governments to take "quick and decisive" action to stem any contagion.

The problems at Credit Suisse relate to profitability and the repeated brushes with controversy, Brewin said.

“It has a very robust liquidity and capital position,” the broker added, the “situation is radically different” to the events in the United States.

https://www.proactiveinvestors.co.uk/companies/news/1009311/lloyds-banking-group-and-barclays-shares-in-recovery-mode-as-broker-says-collapse-almost-inconceivable-1009311.html

Shytetalk
"Shares in issue 67143 check the left tab on LSE"
I think you will find that is not up to date. Total Voting Rights RNS on 31st January there were 67,406,788,337 shares in issue. There has been no new Block Listing of Shares RNS issued since then to advise of new shares being issued. Since then the buyback has bought a total of 416,508,047 shares. So the total shares in issue now should be 66,990,280,290 .

FTSE Futures on IG currently up +45pts (+0.61%). All indices on Wall Street had a strong finish yesterday and all of the big US Banks made good gains. Hopefully we get another good day today to end the week.

"Still waiting for the 45.41 gap to be filled, Maybe closed today?"
DOW, S&P and NASDAQ all made good gains yesterday as did all of the big US Banks. For the "mythical GAP" to be closed today Lloyds SP would have to fall around -4.2% today. Pretty confident that won't happen today.

Could this be something RGL could potentially consider?

Ediston Property (EPIC), the £129m real estate investment trust focused on retail parks, has launched a strategic review after concluding it lacked the scale to deliver the best result for shareholders.

Chairman William Hill said the board’s preference was to merge with one or more Reits, but a sale of the company or its assets were also options if they delivered better value for shareholders.

https://citywire.com/investment-trust-insider/news/ediston-property-calls-for-more-reit-mergers-as-it-hoists-for-sale-sign/a2411918?