Member Info for hardup

Plato...genuine question...have you run out of medication...just curious. ...gl

Germany’s central bank warned Thursday about skewed valuations in the housing market, calling it a “specific vulnerability” as property prices continue to soar.

“We have basically seen all indicators — prices, credit — those indicators kept increasing in Germany and you don’t really see a big effect of the pandemic,” Claudia Buch, vice-president at the Bundesbank said.

Speaking to CNBC’s Karen Tso, she added that her team at the Bundesbank has come up with estimates of about 10% to 30% for price deviations from their fundamentals.

https://www.cnbc.com/2021/11/25/german-central-bank-warns-of-overblown-property-prices.html

"You never had it so good, try to make most it
Cos it won't last....IMHO"
Who says a leopard never changes its spots. Falky the boards new resident doomster having converted from ramper. lol

cookoo12620
It will be a travesty if he is let of the hook using your argument! They should have said before any gatherings/parties that they were exempt under the said Act..........why didn't they?

Q. How do you know when Boris Johnson is telling lies?
A. His mouth opens.

Bumble1968,
"A progressive dividend policy and a falling shares in issue would stimulate SP growth."
Spot on. A progressive dividend policy and a buyback policy of buying back 2 times the amount of new shares issued every year. Long term share holders would benefit.

Wish I could get a job like that! Paid £3.8 million for 9 months work! I am sure the "old boys network" will have him in another high paid position soon. lol

Sir Antonio Horta-Osorio is in line for a payout of up to £3.8m after stepping down as chairman of Credit Suisse over a trip to Wimbledon in breach of Covid rules.

The former Lloyds chief executive is set to be paid as much as a year's salary while on gardening leave, following an investigation which found he broke quarantine regulations last year when visiting London to watch the tennis finals.

He is paid an annual chair fee of shares worth up to £1.2m, and a base board fee of £2.4m. He is also entitled to benefits worth around £200,000.

It is understood that negotiations over Sir Antonio's departure are ongoing. The banker's contract states he has a notice period of six months, but he could be paid for 12 as part of a non-compete period to be agreed with the bank.

https://www.telegraph.co.uk/business/2022/01/17/antonio-horta-osorio-forced-credit-suisse-rule-breaking-wimbledon/

LONDON (Reuters) – British consumer price inflation looks set to hit a 30-year high of 6% or more in April, but the big question for the Bank of England and the wider public is how quickly it will then fall back.

The BoE last month became the world’s first major central bank to raise interest rates since the coronavirus pandemic hammered the global economy.

Now investors are betting on as many as four more rate hikes in 2022, taking Bank Rate as high as 1.25%, because the rise in prices in Britain – as in many other rich economies – looks set to be less transitory than previously hoped.

https://www.fxempire.com/news/article/explainer-uk-inflation-nears-30-year-high-but-how-fast-will-it-fall-back-868131

fleccy,
"Hardup, what you should actually do is check the shares in issue between two dates"
All I did was respond to the information that you posted with the 3 RNS. What you should have done was put down the number of shares in issue on each of the dates and the resultant amount of shares issued being the difference between the 2 as you did in your last post. Anyway, with these figures the buyback would still purchase close to twice the amount of new shares issued so the net result is still a reduction of shares in issue of 793.5 million shares. They should easily have enough money every year to fund the progressive dividend and also have a policy to buy back 2 times the amount of shares that are issued every year so the net result is that the number of shares in issue decreases every year. Long term share holders would benefit from this.

fleccy/livestock,
"""A £1 Billion share buyback covers the number of extra shares they've issued over the last year, or two; This is what's increasing the number of shares"""
The total shares issued over the last 2 years will be 516,000,000 according to the information fleccy posted with the 3 RNS. So if Lloyds do go ahead with a £1 billion buyback, so lets assume even if the price paid for the shares averages 70p, £1 billion would purchase 1,428,571,428 shares which would be cancelled. That would almost 3 times the amount of new shares issued, so the net result would be lowering the total shares in issue by 1 billion shares. If they get their act together and start buying the shares back at around current share price then it would be an even larger amount of shares purchased and cancelled. That looks OK to me.

lti
more like typical of someone fed up of being harassed by a pretentious tw@

lti
fook off

lti
Not at all, it looked to me as though you had your "pedantic head" on again today.

lti
I did not notice at the time.

lti,
The article reported in the Mail by a "Financial Journalist" states "Analysts are forecasting that the dividend will amount to 1.99p a share"

briall,
Yes I have now seen that article. That figure is only an analysts view, it is not an official announcement of a declared dividend from Lloyds. Go to the link I have put below. It is a recording of the Lloyds Banking Group Private Investor Webinar Dec 2021. It is 35 minutes long. Scroll forward to start at 22 minutes into the presentation. This is where plans for dividends, possible special dividends and possible buybacks are discussed.
https://www.youtube.com/watch?v=LFw_nFPtTuM

"is the anounced 1.99 divi being paid or is the interim .67p being taken out of it"
There has been no dividend of 1.99p announced, where did you get that from. We will not know dividend amount until 24th February when Final Results are announced. Expectation is that final dividend will be 1.34p, taking total for year with interim 0.67p paid in September to 2.01p. This is based on interim being 1/3 and final being 2/3 of total dividend. Some are hopeful of a special and buyback as well but we have to wait until Final Results.

fleccy
"Just a miniscule fraction over 50p."
There are many current investors who wish they could say the same. With COVID looking as though it can now be manageable it should be safe for a long term hold with that average price as the bank should finally recover now to pre Brexit Referendum and PPI mis-selling levels and more given that a progressive dividend policy is now back on the table and being paid as well. That is assuming no other major crisis appearing out of the blue.

Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules, the bank said on Monday, raising questions over the embattled lender's new strategy as it tries to recover from a string of scandals.

https://www.reuters.com/business/finance/credit-suisse-group-appoints-axel-lehmann-new-chairman-2022-01-16/

BORIS JOHNSON TAKE NOTE, THE CLOCK IS TICKING, YOUR DAYS ARE NUMBERED!