Member Info for hardup

I think it is the other way around......Old Labour and the Old Tories have been infiltrated.

The nurses are demanding a pay rise of inflation PLUS 5%. Get real!

After 152 trading days, buyback complete to date:
Total shares to date.................................................4,432,892,991
Total Cost to date... ............................................... £1,959,255,414.05
Average price paid to date.......................................44.198p
Percentage of £2 billion buyback completed.........97.96%

Nige is waiting in the wings!

"...& we're STILL waiting for that list of Brexit benefits from all the easily lead Tory Brexit voters on here."
Did you not read the list posted by Brixton?

And another broker upgrade.....GS raises Lloyds TP from 65p to 70p. What doom?! lol

DT
So take Warren Buffets advice and "be greedy when others are fearful".

"The amount of running around in circles they do, this government should be in athletics."
They would be very good at jumping through hoops!

Sam
Percentage of buyback complete is 97.02%. £10M stamp duty does not come out of the £2B total. Copied below is email correspondence I had with Lloyds regarding this in April (I posted this on the board on 11th April!)
" Good morning,
I am a private retail investor and have a sizable holding of Lloyds shares in my portfolio. I have been following all of the daily issued RNS Transaction in Own Shares. I noticed at the bottom of the one issued last night for yesterday's buyback, there was an extra line at the bottom detailing total shares bought and total consideration since the start of the buyback started. The figure given for total consideration so far was £481,153,662.32, which I believe is not inclusive of 0.5% Stamp Duty. Can you please advise on the following. The buyback announced was a total of £2 billion; will this total amount be used to buy shares exclusive of stamp duty, with stamp duty taking the total to £2.01 billion ? Or is £2 billion figure inclusive of stamp duty as well? Can you also advise, what are Morgan Stanley fees for conducting the buyback programme, and are they extra or inclusive of the £2 billion?
Kind regards,"

"Good afternoon, and thank you for your email.
We are repurchasing ordinary shares up to a maximum consideration of £2bn and any costs or applicable taxes related to the buyback are separate to that figure.
There are no fees paid to Morgan Stanley for administering the buyback programme. A broker will be able to attain a benefit for themselves by trading below the weighted average share price and making a small margin. This is for Morgan Stanley to manage on their own behalf and, regardless of their success in this endeavour, there are no fees paid to them.
I hope that this is helpful.
Regards,"

After 151 trading days, buyback complete to date:
Total shares to date.................................................4,388,649,709
Total Cost to date... ............................................... £1,940,385,654.28
Average price paid to date.......................................44.214p
Percentage of £2 billion buyback completed.........97.02%

SUFC
"All steam ahead captain land ahoy"
We still in choppy waters! There is still some navigating to do to ensure the ship berths safely at the dock and does not run aground!

Credit Suisse in market spotlight despite moves to calm concerns.
Credit Suisse caught in market turbulence ahead of revamp.
Shares fell as much as 11.5% before recouping losses.
Bank's euro-denominated bonds reach record lows.
Swiss bank says its capital, liquidity are strong.

ZURICH, Oct 3 (Reuters) - Credit Suisse Group AG (CSGN.S) saw its shares slide by as much as 11.5% and its bonds hit record lows on Monday before clawing back some of the losses amid concerns about the lender’s ability to restructure its business without asking for more money.

The situation prompted Swiss regulator FINMA and the Bank of England in London, where the lender has a major hub, to monitor what was happening and work closely together, one source familiar with the matter said.

https://www.reuters.com/business/finance/credit-suisse-fall-around-10-early-trading-2022-10-03/

There was some debate on this BB when P&O sacked 800 crew. Interesting news following on from this, the only seafarer to turn down the P&O payoff has won a claim against P&O for unfair dismissal. Well done to him for digging his heels in and standing his ground!

https://uk.news.yahoo.com/only-seafarer-turn-down-p-174900607.html?

All US Banks well up today. Hoping that sentiment is reflected in UK Banks tomorrow.
LYG +5.03%
Citigroup +2.14%
JP Morgan +2.97%
GS +2.08%
BOA +2.81%
Wells Fargo +3.28%

"What will that do to the share price In the morning?"
Falky will predict it will either go up or down!

After 150 trading days, buyback complete to date:
Total shares to date.................................................4,291,786,891
Total Cost to date... ............................................... £1,898,802,446.51
Average price paid to date.......................................44.243p
Percentage of £2 billion buyback completed.........94.94%

What's the prospects for M&G then?

"Lloyds’ 12-month target price is set at 73p against the curing market price of 41.6p."
Where do these clowns get a 12 month target price of 73p in the current economic climate and oncoming recession!

Breaking news........KK expected to announce in the next hour that the planned 45% tax rate cut is to be abandoned.

MV
I am fully aware if Scotland went independent they would lose all representation at Westminster. All I was doing was giving an opinion as to what would become of the SNP in Scotland in that event.