Member Info for longtimeinvestor

Oil

''the financial markets remain steady''

strange how someone cab think that steadily rising yields on the 10 yea Gilt is steady

Currently matching about a 16 year high

Oil

''the financial markets remain steady''

strange how someone cab think that steadily rising yields on the 10 yea Gilt is steady

D69

''Would love this to go down''

if you are wanting to buy, then BP currently is at a low valuation now to capture.

Share price movements between transactions is just noise. I purchased at about the current level on the 6th September 2024. It didn't bother me to see even better bargains since then, I simply purchased more.

67s

''We pay nothing into them from Council Tax.''

https://www.telegraph.co.uk/politics/2024/12/26/local-council-tax-pension-government-inflation-scheme/#:~:text=A%20data%20analysis%20across%20more,4%20raised%20in%20council%20tax.

Sc

''I'm talking about underlying EPS figures''

the question is why?

the answer is that you were dumb in not understanding that Lloyds is making better profits now than was made in 2015, when eps was only 0.8p and therefore in better shape than when Lloyds was valued at £58 Billion.

You cannot understand the simplicity and so divert, as with the case of Elon Musk as well, where the main benefit of his satellites as I have stated is to give internet services to remote areas - you then came out with the irrelevant statement that all areas can be covered.

As I have also already said, EM does NOT control global communications.

SC

and there you go yet again.

SC

28 Dec 2024 13:16

''Elon Musk''

''his ability to control global communications and manipulate world leaders and financial markets''

total nonsense

In 2015 Lloyds got to a market cap of £58 Billion

SC

''Lloyds 2023 ( EPS ) performance figures are dreadful compared to 2015''

EPS in 2023 was 7.6p

EPS in 2015 was 0.8p

67s

SC likes to divert. Like when I questioned his Elon Musk nonsense about his ''ability to control global communications and manipulate world leaders and financial markets ' - he diverted to how many satellites his company has, and about starlink.

Now on this occasion diverting to 'underlying profits' after my stating the difference in actual profits made in different years.

Maybe people should be more relaxed about any possible 'car scam' scam payments then. After all it was during the paying out the £22 Billion PPI compensation that Lloyds was valued at £58 Billion. What a contrast with some suggesting a big crash in the Lloyds market cap from the current £33 Billion, if they were to be scammed for a few £Billion.

Q

''We are facing a multibillion dollar fine that will probably hang over the share price for years to come.''

I repeat -I must have missed the news showing the figure of how much Lloyds will have to pay for a 'car scam' scam. If you cannot give a link showing the hit for Lloyds, then I will assume you are simply repeating speculation.

Where is the figure?

As to the share price for the next X years to come, investors take a view on that on a daily basis. Today's net view resulted in a price increase.

Q

''Any semblance of credibility you might have had went south with the ''some money aside''.

Put simply, if the 'car scam' comes to £450 million and no more I will personally donate £100 to a charity of your choice''

Any semblance of credibility you might have had in any understanding went completely with the above.

Who said it will come to £450 million and no more?

LTI

''Any extra monies which would be in pounds sterling, (not dollars) ,to be set aside, would be known about when Lloyds make it so.''

Understand?

Q

''We are facing a multibillion dollar fine that will probably hang over the share price for years to come.''

I must have missed the news showing the figure of how much Lloyds will have to pay for a 'car scam' scam. If you cannot give a link showing the hit for Lloyds, then I will assume you are simply repeating speculation.

''We have a labour Government hell bent on destroying what's left of our economy. And then there's the national debt, the cost of living crisis ( which I am heartily sick of hearing about ) At the risk of sounding like an evangelist I will stop right there.''

It is up to the individual investor to decide whether a governments policies and the resultant possible consequences of such policies will be bad for the Lloyds business or not, and then take the appropriate action.

'' your stance''

stance? - my stance is that I am happy to be holding Lloyds shares, which I see

as a long term benefit to my financial position.

''promulgate a more balanced narrative.''

The narrative should be based on known facts. Lloyds has set aside some money for the 'car scam' scam.

Any extra monies which would be in pounds sterling, (not dollars) ,to be set aside, would be known about when Lloyds make it so.

So based on a known policy of currently having a progressive dividend along with share buybacks , investors on a daily basis take a decision whether to make a transaction in Lloyds shares or not. It is up to them whether they take speculation on board as if a fact, as you appear to have done.

Q

''Quite clearly, the market doesn't agree with you.''

The market is giving Lloyds a valuation of £33 Billion. It is up to the individual investor to determine whether the market price represent a buying or selling opportunity or not.

My views on valuations of many businesses over many years is how I have grown my portfolio to be worth a great deal.

Also I will stick to my view that the bank now making about 5 times the profits of that in 2015 when reaching a £58 Billion valuation looks a lot healthier

BP reached about a 2 month high - still at depressed levels.

CNA reached a 5 month high

IG group reached an all time high

BT and VOD both up despite SC saying that Elon Musk has the '' ability to control global communications ''

LLOY average trading volume has been about the same since the 2024 share buyback finished (low today) and the current share price slightly higher.

BB

''why did vmuk accept''

because the shareholders of the minor bank were happy to take a 40% share price premium.

I am sure that the shareholders of the minnow metro would be happy to take such a premium if offered today

BB

Lloyds is in better shape now than when the market was giving it a £58 Billion valuation.

BB

'' I'm pretty sure a 70p offer would be accepted by the BoD here.''

and I am 100% sure that the Lloyds BOD's would not recommend a 70p per share takeover and I am 100% sure that the holders of most of the stock, the institutions would laugh at that offer.

Swings and roundabouts - I am sure that the price of a car would not have been the same if the dealer was earning Zero commission. Getting commission would have meant being able to offer a lower car price to the customer.

BB

''40bn would probably be accepted''

zero chance of that.

The robbery was Northern Rock not being helped for a while, but instead the shareholders got wiped out, to then find it sold later to VM for only about £750 million

Mv

''The money to take over Lloyd's would be easy enough to find''

Not sure that £65 Billion + is easy to find