Member Info for hardup

https://liveindex.org/ftse-futures/

Looking at FTSE futures time to put the tin hats on and head for the bunkers!

I made an error on my previous post regarding directors buying heaps of shares 3 months before Final Results are published. The "close period" in which directors are not allowed to buy/sell shares in their own company is 60 days before Final Results are announced, not 3 months.

The cynical side of me thinks the BOD knew exactly what they were doing at half year update when not announcing news on buyback, special dividend in the knowledge it would drift the SP lower. Then they will pile in and buy heaps 3 months before final results! So lets see if there are any director big buys 3 months before final results announced!

It is frustrating to say the least that when the banks have down days Lloyds always seems to be down the most compared to the other banks on the day?

Sharp drop in inflation.......another down day for Lloyds?

Falky
State you will eat the grass on Hyde Park if the SP gets to 70p, it will soon get there then LOL

DOW Futures currently down -236 pts, see what happens at 2:30, could put further downward pressure on SP this afternoon.

Well for 5.5 million a year I expect a lot more than a photoshoot of him oiling a bike chain, jogging and appearing to be trendy! Reminiscent of Blair and "New Labour"............or was that the "left wing Tories"?

"this has gone from 50p to 43p in 3 and half months"
Current price 45p?

Typical DOW drags everything down when it opens down and after markets close here it recovers and looks as though it will close up tonight!

john46
When you plagiarize someone else's posts you should at least be able spell the word correctly....SYCOPHANT! But after all, you're not exactly the brightest bulb in the pack are you.

"Someone investing in Lloyd this year this year shouldn't be getting a special or buybacks payment from the withheld 2019 dividend fund"
The withheld 2019 dividend was not ring-fenced and taken of the balance sheet so those who bought shares this year are entitled to any distribution of excess cash as the price they paid for their shares has this priced into it.

Depends what the annual net figure is for new shares issued against bought back? If for example a share buyback targets the number bought back as 2 times the number issued every year then the net result would be reducing the total shares in issue every year that the buyback was running. Would this be possible with current and forecast earnings as well as paying a progressive dividend every year?

67Sam
If there is any retrace of SP over the coming weeks I think the floor will be 45p which is the downgrade target price from GS, assuming no other bad news affecting markets in general. It is purely sentiment that is the catalyst for SP movement at the moment and the MM's will be cashing in on that. Sentiment will only change when there is clarity from the Board on dividends going forward and method of how any surplus cash will be returned to share holders. I think the earliest we can hope for any information in this respect will be 3rd quarter update, if not then, we have to wait for final results in February. Anyway, lets see what Charlie says on Monday?

IMO silence from Charlie boy on Monday will induce another fall in SP.

The BOD of any company are supposed to act in the best interests of the share holders? This BOD only act in the best interests of the BOD!

A song from 2009 to lift spirits!
https://www.youtube.com/watch?v=mmQ4bS7Qt88

Was hoping for a New CEO bounce to SP today. All we got so far is New CEO drop! LOL

Well SP currently red now! WTF!!