Member Info for longtimeinvestor

Flec

YET AGAIN - that didn't take long. You should have surely exhausted your futile waste of time posts by now. It takes a certain level of brain function not to realise that. It is a shame that the same response has to be made over and over.

Shareholders voted in support of the buyback policy.

RESPECT THEIR VOTE

What idiot would have suggested that by April 2021 the economic outlook was all rosy and no further impact from Covid would be felt when vaccines had only just started to be rolled out several months earlier.

Nunn came in to continue the buyback policy (it was not new) that had been interrupted by the pandemic.

There would currently be about 72 Billion shares in issue if there had been a policy to maintain the level of share capital and about 76.6 Billion with no buybacks at all.

Much better to have the current under 61.4 Billion and falling year after year .

It is a no brainer to purchase for cancellation shares whilst the market cap is SO LOW.

''Lloyds share price performance has been cr@p since covid''

I was certainly not happy about Covid but I have been happy to have purchased a lot of shares on the 21st September 2020 at under 24p and to have made a last sale on the 7th Jan 2022 at about 53p.

That is what I call share price performance within a short time frame.

, compared to Barclays and Natwest, LTI I'd be interested to read your explanation as to why that is?

BP up

HSBC up

MARS well up - reached a 52 week high

SHELL up

Tesco up

Lloyds still available to be purchased at a low valuation, which is being done on behalf of long term shareholders.

Lloyds dividend yield is well above the Ftse 100

Without share buybacks there would currently be over 76.6 Billion shares in issues. The current market cap is a bit over £35 Billion

Flec

''My personal view is that Nunn's dividend cut after Covid has a lot to do with it. It appears that the retail investment case for UK stocks is primarily dividend returns, share buybacks appear to make little difference''

On the soap box YET AGAIN - how many more times are you going to slip in the anti buyback narrative nonsense - must be at least 30 by now.

67s

''At least the buyback machine kicked in again with 28.5 M yesterday.''

Volume has improved a little bit for the last few days.

Nearly 44 million shares were purchased yesterday

Saddam Hussein used to be the counter balance against Iran in the region. He may have been a tyrant to his own people but he kept Iran in check. Situation in the region has got far worse since his removal.

Same with Gaddafi in Libya - didn't seem to have the flow of people into Europe as much when he was about.

From memory anyway.

3i Group up

BP up

HSBC up

Saga well up

SHELL up

Lloyds share continue to change hands at a low valuation - another bargain buyback year..

Hu

''STP

'' "So much bad news for investors!"

And you voted them in!''

but as we know he is not an investor - just a facade to facilitate all of his 'poking' posts whilst 'working' and 'travelling' from place to place to fit in with what he is, an Irish Gypsy .

Don't normally post but I cannot recall ever getting more before -

1 x £25

1 x £50

1 x £500

NC

''so around 15 years of re-investing the div''

Even though the yield at the current price is not high, they have certainly progressed the payout over the years very well.

''I expect the worst of the worst''

As I said it is unlikely to be a high percentage - maybe not even enough to register on 'shorttracker' which still doesn't show anything.

The market is valuing 3i with the big asset of 'Action' within, which currently is a different valuation view to the 'shorter' in question. It is the market that will decide future movement in share price not some small 'short' position, but as I have already said 3i Group does trade on a big premium.

Missed - SHELL up - worth a mention

BP up

BAT up

CAR up

National Grid up

SMIF had reached another 2 year high

Lloyds trading at a low valuation - volume more than yesterday but not huge

NC

if the potential short reported in the newspaper turns out to be correct (not yet registered) then it is unlikely to be 'huge' as a percentage.

''looking at Shadowfall Capital and Research''

a report in a newspaper, but has not yet been officially listed

NC

''As a fellow iii investor, to what level do you assume the huge short against 3i will drag us down too?''

I am not aware of a short on 3i Group.

We do know though that it trades at a very big premium which of course leaves the share price open to a large fall if the expected growth in 'Action' does not materialise.

Apart from that, there is always going to be step backwards in share price along the way. It is currently about 160p off of the all time high, but as it is a heavyweight share price isn't a great deal.

As you know I went into a very good profit when I unfortunately sold an amount in 2016. As the remaining are for 'free' (and now worth quite a bit) I will probably just sit on them - you never know they may find another 'Action' which could of course be floated in its own right in the future.

''Just one of my better lucky investments, from £3k to £90, so obviously concerned .''

If your current holding is worth £90k you must have invested more than £3k.

It is never wrong to take a bit off the table, as i did .

I only have 5,000 shares left out of the original 20,000 purchased (shame)

Without share buybacks there would currently be 76,659,850,174 shares in issue

BP up

IG up

Saga up - every little helps before interim results this week.

Lloyds still trading at a low valuation - but low volume during trading day again

LR

Why on earth would I make another sale when the market cap is about £2 Billion less than it was at my last sale in Jan 2022.

Try thinking.

With concerns about how the forthcoming budget may have a significant negative impact financially, in order to help the Lloyds buyback - atm we are going through a period with low trading volume during normal trading hours - not helpful.