Member Info for livestock

Another poor race from lance stroll at weekend the family nepotism can't keep him is seat in the car for another race the sooner he changes his career for tennis the better, Second for Fernando great for sales race Sunday sell on Monday

Following the purchase of ordinary shares on 25 August 2023, Lloyds Banking Group plc (the "Company") confirms that the Company's share buyback programme announced on 23 February 2023 was completed in accordance with its terms. The programme was managed by UBS AG, London Branch. In total between 23 February 2023 and 25 August 2023, the Company repurchased 4,386,262,707 ordinary shares for an aggregate consideration of £2.0 billion.

Teddy100

"there is a big claim coming from me"

BA won't be offering competition as the technical glitch was out of their control

Evergrande have fallen almost 80% in their first day of trading not looking good for mining companies this morning

Germany is heading into a recession caused by its green energy policies, its politicians warn, as the country is labelled the 'sick man of Europe' for its stagnating economy while Brexit Britain sees growth

https://www.google.com/amp/s/www.dailymail.co.uk/news/article-12444543/amp/Germany-remains-sick-man-Europe-economy-stagnates-Brexit-Britain-continues-growth.html

This will put a dampner on business travel returning as the busy summer season is slowing down

Aston Martin shares are the FTSE 250’s best performer up 110% in a year. Here’s what I’ll do

https://www.fool.co.uk/2023/08/27/aston-martin-shares-are-the-ftse-250s-best-performer-up-110-in-a-year-heres-what-ill-do/

The bull and bear case

Rising interest rates may be causing havoc for mortgage owners. But lending institutions like Lloyds are breathing a sigh of relief after operating in a near-zero interest rate environment for over a decade. Subsequently, net interest margins are on the rise. And while profitability for the bank only improved by 27 basis points, that was enough to send the latest pre-tax profits surging to £3.87bn!

Obviously, that’s terrific news. More profit means bigger dividends for shareholders as well as more capital to issue new loans at higher rates. However, this is where problems may be emerging.

Many customers took on loans back when interest rates were significantly lower than they are today. And for those on a variable rate, the impact of such rapid rate hikes by the Bank of England is starting to be felt.

Loan defaults are on the rise. And while they seem to be relatively contained at this stage, there are fears of a domino effect eventually creeping in, especially if the UK falls into a recession.

https://www.fool.co.uk/2023/08/27/is-it-a-mistake-to-sell-lloyds-shares-in-2023/

Https://www.google.com/amp/s/amp.theguardian.com/business/2023/aug/27/pilbara-native-title-case-the-fight-to-decide-if-fortescue-pays-compensation-to-indigenous-owners

4 week to St leger day this rallied the same time last year 📈

"Sub 40p is around the corner"

Now that is pure bullshyte

UK economy is picking up can't see this going sub 40p plus buybacks have no affect on share price the market decides the valuation, that's what people keep telling us

https://www.investmentweek.co.uk/news/4123499/uk-consumer-confidence-returns-upwards-climb-august

Thirty-nine asylum seekers who were briefly accommodated on the Home Office’s controversial Bibby Stockholm barge in Dorset have said conditions onboard were so bad that one was driven to attempt suicide

🙄

https://www.theguardian.com/uk-news/2023/aug/25/asylum-seekers-bibby-stockholm-conditions-suicide-attempt

"Goldman Sachs forecasting iron ore price down to $80/t next year"

This is terrible news as we going into production once the aboriginal native heritage agreement comes through

"A special payment will only drag your holding down by the amount of the payment. Pointless."

If you're a long term holder a week after Ex-dividend date the share price is back up and possibly higher as more people investing for higher returns

"🎉 🎂 💐🍺🍾...... Too soon?"

Hopefully we'll get a special payment next year 📈

Sterling has fallen back after Powell's speech at Jackson Hole, in Wyomin.

The Federal Reserve's hints that more rate rises may be required to tackle inflation saw the pound dip 0.2% to $1.2578.

Meanwhile, the FTSE 100 has stablilsed, down 10 points at 7,344.

Over in the US, the Dow Jones is now in negative territory while the Nasdaq is close to parity.

Shares in Aston Martin Lagonda Holdings PLC are motoring after Jefferies upgraded the stock to buy from hold and raised its price target by 26% to 420p.

The broker says it “feels like a new start at AML with net debt stabilized, renewed focus on front-engine cars and sharp average selling price (ASP) upgrades.”

“We expect DB12, refreshed Vantage and new DBS will drive volume and margins, as well as support more Specials,” it added.

M&A interest supports the shares and the brand has room to grow volume and ASPs, it believes.

Jefferies reckons it is starting to close the gap to peers and is an attractive opportunity for a brand that could grow from its low liquidity, small cap status to become a compounder over time.

The broker has nudged its full-year revenue forecast up 3% £1.63 billion on higher ASPs with gross margin of 37.2%, an Ebit loss of £53 million and free cash flow (FCF) outflow of £179 million.

For 2024 it expects gross margin to approach 40%, £65 million Ebit and FCF still slightly negative at £39 millio, with upside from working capital as well as potential improvement in cash interest cost.

https://www.proactiveinvestors.co.uk/companies/news/1024589/aston-martin-goes-through-the-gears-as-jefferies-upgrades-1024589.html

How can we get on with mining when there no aboriginal native heritage agreement can't blame this on Rod

Aug 25 (Reuters) - European shares opened lower on Friday, as investors turned cautious ahead of speeches from major central bank heads at the Jackson Hole symposium in the United States, while rising bond yields continued to pressure stocks.

Speeches from the central bankers will be key in assessing the outlook for interest rates amid hopes that central banks are near the end of their tightening cycle.