Member Info for hardup

Prime
"don't quite understand (I'm not a seasoned investor) why the general "whoop whoop" over 0.8p divi."
I made that comment "whoop whoop". The dividend was increased considerably more than I and others were expecting, it was increased 20% from last years level which is easily beating inflation. Forget about dividend levels in previous years, that is history. What has happened has happened and cannot be changed, move on.

Good set of results for Lloyds today. Interim dividend up 20% to 0.8p. Results beat consensus.

https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2022/half-year/2022-lbg-hy-results-presentation.pdf

Results beat.........consensus profit before tax £3.208 billion. Actual £3.661 billion.

All going well final dividend should be 1.6p making 2022 full year dividend 2.4p.

Lets see what the market makes of it today.............last years half year results were good but still ended up down on the day.

https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2022/half-year/2022-lbg-hy-results-presentation.pdf

Interim dividend 0.8p whoop whoop!

"Time to fire up the continent's mothballed coal fired power stations."
Is it that simple? How long have they been shut down for? Has the Planned Maintenance of these power stations been ongoing whist they were shut down as a contingency in case they were ever needed in an emergency allowing them to be brought back into service again quickly?

After 103 trading days, buyback complete to date:
Total shares to date.................................................3,281,368,953
Total Cost to date... ................................................ £1,463,426,050.74
Average price paid to date.......................................44.598p
Percentage of £2 billion buyback completed.........73.17%

BRUSSELS, July 26 (Reuters) - European Union countries approved a weakened emergency plan to curb their gas demand on Tuesday, after striking compromise deals to limit the cuts for some countries, as they brace for further Russian reductions in supply.
With a dozen EU countries already facing lower Russian supplies, Brussels is urging member states to save gas and store it for winter for fear Russia will completely cut off flows in retaliation for Western sanctions over its war with Ukraine.

Energy ministers approved a proposal for all EU countries to voluntarily cut gas use by 15% from August to March.

The cuts could be made binding in a supply emergency, provided a majority of EU countries agree to this. But countries agreed to exempt numerous countries and industries from the binding 15% cut, after some governments opposed the EU's original proposal to apply it to every country.

https://www.reuters.com/business/energy/eu-countries-seek-deal-weakened-plan-cut-winter-gas-use-2022-07-26/?

Low volume so far today, 37.8 million shares traded. FED meeting today and tomorrow and Lloyds half year report tomorrow. Good market reaction to both SP will fly, bad market reaction................lol

Theo
What I can see is the MPC have failed to manage inflation by adhering to the remit set.

I thought the BOE MPC was supposed to be independent from Government with the sole purpose of keeping inflation at the target 2%?

Bailey and the spineless MPC will bottle it AGAIN. Talks the talk but does not walk the walk.

After 102 trading days, buyback complete to date:
Total shares to date.................................................3,276,348,297
Total Cost to date... ................................................ £1,461,233,028.20
Average price paid to date.......................................44.599p
Percentage of £2 billion buyback completed.........73.06%

Inchpo
"Any predictions on interim divi. ?"

Asperger1 post today at 09:26
Here we go -
H1 results and interim divi announcement - Wed 27th

Just for fun - 'Guess the interim divi'
Kiwitwo - 0.62p
Brixton - Divi 0.65p £1.2b buyback, consolidation 1 for 5
Whybother - 0.67p
Jcb208 - 0.68p
Shytetalk - 0.69p
Hardup - 0.7p
Livestock - 0.705p
LTI - 0.71p
Dividendchaser1 - 0.72p
Onelongrunner - 0.74p
Robsonalan - 0.75p
Foobar20 - 0.73p
Gate13Boy - 0.75p
SUFCESSEX - 0.77p
A1 - 0.8p
Seany123 - 0.8p + £1bn buyback
Lakeuk - 0.83p
Hollybean - 0.85p
Bubble2021 - 0.86p
Eightyeight88 - 0.88p
Gungi - 0.9p
Spights 0.95p

"What are we expecting on Wednesday - any comments ??"
Not much. Expect the BOD to remain ultra cautious in the current environment and economic climate. Prepare for the worst and hope for the best.

The properties that Citra have bought in Peterborough and Ashford have all been developed by GRE Assets? Have not heard anything more of their partnership with Barret Developments?

https://greassets.co.uk/about/our-ethos

"well most people are poorer off"
Which is attributable to current inflation driven by higher fuel/energy costs resulting from Russia invasion of Ukraine, nothing to do with Brexit.
"and bojo tried to suck us into a fishing war"
Nonsense....why should the UK give access to it's waters to foreign fishing vessels if the UK is no longer in the EU. And lets be honest, UK fishermen were stitched up like a kipper with the CFP! The sooner the French and Spanish fishing fleets are out of UK waters, or at least a lot more restricted in fishing rights, the better for the UK fishing industry.

"Chill out some off the info you put out is valuable and i hold you in high esteem."
Just teasing............lol!