Member Info for longtimeinvestor

BB

on the basis of number of shares, that would make me very over exposed, but not a concern sitting on a low average, and even if there was a big crash that reduces outrageous IHT charges. Hard to keep the right balance between giving money away whilst hopefully i have time (disregarding busses and sudden illness) and giving children/grandchildren too much of an easy ride.

Mar

''its up to the car dealer to get the best loan''

yes the best AGREED loan for the car salesperson to enable a sale and for the purchaser to purchase - simple.

FCA made changes to their car finance guidelines in 2021

BB

'' I think some were excessive and these cases will be used to enable everyone who paid a commission to get it refunded.''

from someone else who would not like to see a continued upward rise in share price after selling out.

Sk1

''Think of it this way -- when you buy £10k of LLOY shares, your dealer (broker) always has a separate line-item showing their commission''

NO, I would not like to think of it that way

HSBC inestdirect have a share dealing charge, they would not receive a commission from Lloyds bank.

A car purchasers charges are those finance costs above a price that they could have got paying cash outright. They would have agreed the total finance payments over and above the ticket price on the car.

Sk1

''The law firm is right. The FCA is there to protect the consumer first, the bank second. The consumer did not give informed consent to the car-dealers' secret commission. There needs to be redress.''

As I have already said - are you an ambulance chaser? - the FCA made changes in 2021.

Cars were sold under previous FCA guidelines

Rob

''after the share buyback has finished, the share price has dropped by 50p and still dropping, then there has been no benefit has there ?''

''It doesn't take a genius to work that out''

patience only lasts so long - breaking point is near - clearly you are not a genius.

How many more times - a buyback for cancellation is to reduce share capital.

If the share price in 18 months time is lower, that has NOTHING to do with buybacks, it would be the market valuing Vodafone lower. The market can value Vodafone lower or higher with or without buybacks .

Yes there would have been a benefit no matter what the share price - the share capital would have been greatly reduced by a big percentage - the lower the price the higher the percentage removed.

My not most

Reached today - gone well since most lowest priced purchase in recent times at 102p in Feb last year.

Hopefully will see much much higher prices that I experienced a long time in the past.

Https://markets.ft.com/data/announce/detail?dockey=1323-15359512-0GEBK530AOFO9I5VIA2C8U4QO6

Rob

I always make sense - it is a repeat of what i have already said X about 20

Rob

''of course the share price has to rise above what they paid for them for us to benefit, it's quite simple''

it gets very tedious.

The market determines what Vodafone is worth on a daily basis, the valuation is not determined by a reduction in share capital. A maintained market cap with a reducing share count equals a higher price per share.

You will benefit if the market starts to value Vodafone at a higher level

Macy

Another clueless dumbass I see.

Buybacks for cancellation are to reduce share capital, they are always beneficial, and ZERO to do with what the market values Vodafone at.

They are a return to shareholders

Rob

want to round in circles again.

Buybacks for cancellation are to reduce share capital, they are always beneficial, and ZERO to do with what the market values Vodafone at

Also in the past shares were bought back to accommodate convertible bonds

Dan

''''vod bought back 5,707,176 shares at an average price of 121.26 per share''

are you sure - that equates to less than a couple of days of the current bb

Dan

''vod has lost a fortune buying back it's own shares in the past.''

''vod bought back 5,707,176 shares at an average price of 121.26 per share''

and?

share prices go up and down. They are now in the process of buying back 4 Billion Euro worth at much lower prices.

So when Vodafone reaches 130p per share, would they have made a fortune on the current buyback and the bb you mentioned would then have been a sound investment?

Lloyds conducted bb's in the upper 50's and lower 60's before the share price retreated to 24p.

The average of all their bb's currently stands at under 51p, with a current share price 72.6p

I would say that the combination of ALL their buybacks have been most beneficial.

The same hopefully will apply to Vodafone, which would be helped by a very low share price whilst the 4 Billion is being spent. I have said before , a lot of institutions would be happy with that.

Sk1

''it will give the green light to any other UK industry in the future that wants to keep ramping up their secret commission''

Are you an ambulance chaser firm

The FCA made changes to the previous rules in 2021

Dam

''The market is sulking because of the dividend cut''

It completely doesn't bother me - gives them options to put it to other uses, but anyone interested in yield, it would be a good yield at the current SP level - probably a forward yield of 6% +

NC

Just a reminder though - if Lloyds diverted all returns to shareholders by way of dividends, they are capable of yielding 6% + at 100p per share.

Structural hedge benefits to comes in the next years.

Maybe you will be back if a much lower price becomes available for whatever reason?

No time limit, some even give interest on cash, unfortunately I don't get interest (used to I think?)