Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Fakey keeping his fingers crossed for WWIII
Lloyds gone negative - could be a brief time for Fakey to close (if he opened) the sell
at only about £1350 loss
Yes - Excellent
Great share price performance since my purchase at 207p (in Sept 22).
Good to see another £1 Billion share repurchase programme.
US 10 yr up to about 4.5%
Hotter than expected
Kk
''My point being is that our exports mainly consist of military''
My point is that don't bother posting anything more until you know what you are talking about - military exports are about 13% of the total.
For a bit under 661p the shares bought on the 21st Feb 2024 at 589p
Has the cost of purchasing a car on finance come down since possible discretionary commissions, are no longer part of the mix?
Almost certainly NO.
Le
''but when you are buying a new vehicle the main dealers use the same finance company''
and?
that doesn't stop a customer getting their finance from elsewhere (Lloyds bank loan) to pay the car dealership the cost of the car in one payment.
Sk1
''Car dealers and third-party brokers were adding hidden commissions on top of bank loans, and not always telling the consumer about it. They were mis-sold. They were overcharged.''
''overcharged'' - complete nonsense - as I said , what contributes to a monthly payment that the customer was happy to sign for is irrelevant.
''not always telling the consumer''
we don't know, but do you really think that a purchaser of a car being told that monthly payments would be £X per month which incorporates interest and commission would make any difference to them as to being happy to purchase their car at £X amount per month or not.
When I go to the pub and decide to pay the price being asked for a pint, I don't expect to have a later claim for some money back because I was not told the breakdown as to how they had justified the total cost, ie - cost for pub, tax levy , staff costs, other pub running etc.
''Imagine if a little old lady bought £10k of LLOY shares for her pension today at 54p... But her broker had quietly popped 2p of commission on top... but didn't tell her about it''
oh dear - more nonsense - the purchasers of cars were not charged more on top per month than they had been told would be the payment.
Sk1
''Many UK banks (allegedly) overcharged UK consumers with colossal hidden fees ''
How can a purchaser of a car be overcharged. They are told their monthly payments which they accept or walk away. I don't believe that consumers were told it will be £X amount per month only to find that £X + £50 was coming out of their bank account each month.
What contributes to the monthly payment should be irrelevant. What is relevant is the monthly amount that a customer has been happy to sign on the dotted line for.
It is a farce.
Sk1
''The Sky News article says''
I suppose that a broadcaster would know far more than the Lloyds BOD's ?
Dan
''as you say the director buys have to be a good sign.''
must be confusing for you, when you think that the market value of Vodafone is going to fall by 4 Billion .
I imagine that directors do not wish to throw money down the drain
Dan
''Why do you take him seriously? ''
''vod share buy backs, I think they are a very good idea.''
4 Apr 2024 16:04
'' If vod buys back 4 billion euro's of shares & cancel them, the market cap will reduce by 4 billion euro's. The 4 billion euro's comes out of the market cap.''
What a complete fool you are.
Key dates 14th May, and the share repurchase programme start date
Rob
I am sure a few of you have age related memory problems.
The lower the purchase prices with the 4 Billion investment, the better it is for shareholders keep for the long term. You percentage ownership will go up without further purchases and earnings per share will increase.
The 4 Billion will be invested at whatever level the market decides on a daily basis..
Rob
the market values Vodafone on a daily basis - but shareholders keeping their shares will know that their percentage ownership can greatly increase without buying a single further share themselves because of the purchases via the buyback. The more shares bought for the money, the greater the increase in percentage ownership
Rob
the market values Vodafone on a daily basis - but shareholders keeping their shares will know that their percentage ownership can greatly increase without buying a single further share themselves via the buyback. The more shares bought for the money, the greater the increse in percentage ownership
Dan
''If vod buy back shares, they have to pay for them, so of course it comes out of the market cap''
DO YOU REALLY WANT TO START THIS ALL OVER AGAIN?
''so please just give us a break?''
yes give us a break - DO YOU REALLY WANT TO START THIS ALL OVER AGAIN?
'' You don't get anything for nothing''
Correct, but assets will be bought at way under value - many would say a bargain
''So move on please?'
I think it is YOU who needs to move on - as you will make yourself look foolish
ALL OVER AGAIN
Rob
''AVIVA and TESCO did a return of capital, but then we ended up with less shares, did you not like that idea''
They returned cash to shareholders and did share consolidations. I accept whatever a BOD decide to do. They were both able to afford share buybacks in addition.
Vodafon's decision instead will be to invest some proceeds in purchasing assets valued at way below NAV.