I rememver15 Dec 2022 12:50
The days when everyone on this board was screaming for interest rate rises so the SP would rise in line with profits.
4 rises later the SP is stagnant.
Some savings accounts now offer better interest than an annual divi payout from lloy.
What's keeping us all here I ask myself. What's keeping II's here I also ask.
There's always something going on in the news globally that people in the forum's point to for reasons of lloy not performing.
Truth is this company has removed numerous shares from the market. Created a nice buffer on capital. Announced huge profits given laptops away to schools, paid out under performing BOD members who reached the HMG target of 63p (for a couple of months) and still the SP sinks or stagnates at the 46p mark. For years the long term PI's here have been paid a pity full divi payment with the promise of things are going to get better but have not in the last 10 years plus that I have been here. A divi payout of less than 3p now means once again the LT PI's are getting stung once again.
You can cling to the hope of a rise in the SP but if the the last 10years is anything to go by don't hold your breath.
Next excuse is high amount of unpayable debts with high unemployment.
I'm currently disposing of my lot here. The pit pony has 2 broken legs and the jockey is being treated for concussion.
Forget the fog if war l, go with what you know and feel. Consider your options LT PI's imho. Time for you understand what's going on here.
ATB.