Member Info for longtimeinvestor

Shareholders and any new shareholders buying in the near future will received about 3.8p + of dividends in the next 8 months

HG

''My comment simply points out that current buyers at current sp would enjoy 2.85% yield''

incorrect

Fell

''With Gold at stratospheric prices, what an opportunity for Met1 ''

How many ounces of gold has Met1 got to sell? Price of gold is not relevant at this time.

Bow

is that based on factual news that has been conveyed to you, and that you could be passed onto other shareholders or is it more likely the usual hot air based on that intangible 'hope' ?

Anyone not happy with their own personal dividend yield based on their own average purchasing price, is free to look elsewhere for an investment.

Ad

btw, there will be increases in dividend no matter what. The progressive dividend policy was possible partly due to having had a buyback policy

Ad

''Can I ask you if you would prefer more buybacks , now we are over the £1 level , or an increase in dividend ?''

I said when the share price was at about the 40p, when many were moaning, that I didn't mind how low the share price went due the the long term benefits of buybacks - lower the better, with a faster reduction in share capital.

It is the job of the BOD to decide how total returns to shareholders are split. If they continue with buybacks then they still deem them to be of long term benefit. I am happy to go along with what the BOD decide is best for shareholders.

HG

because of buybacks there are 18,270,417,437 fewer shares to split shareholder distributions with and

18,270,417,437 fewer shares to split the market capitalisation value with.

Hg

''Lloy yield under 3%''

incorrect

Ben

''Who would lend Llooyds 500 mil and why would lloyds need to borrow 500 mil?''

and you are a bank shareholder?.

Anyone wanting to get a return on investment with not much risk to their money, getting a greater return than cash equivalents . All customer deposits are money lent to Lloyds. Need? - Wouldn't be so much of a business if Lloyds only lent to customers from their own CET1 capital. Lloyds lends out depositors money and money raised from debt instruments.

Are you asking such silly questions as a wind up.

Ben

Lloyds would not be redeeming early if it were not beneficial to do so - they were paying variable interest based on a benchmark rate periodically .

It should be of very little interest to the average personal investor.

Geof

You do not need to understand. It is of no consequence to a shareholder - simply people holding debt getting their money back with interest early.

G13

Hopefully REFORM if they get into power will do something with IHT. I believe at some point they were proposing to scrap it . I don't know whether that is still their policy, but even moving the threshold to something like £5 million would be of great benefit - it should be scrapped completely. Many I imagine will see if they get into power and make IHT changes before deciding whether or not to flee the country.

Some back at under £134 from those sold 6 days

G13

As I think I have already mentioned on the Lloyds board, a proportion of my sale proceeds from other stocks has found it's way into SMIF's as some sort of way (unless smif completely collapses in price) to lock in those gains on other stocks and at the same time increasing yield. I now have 700,000 Smif's and so this stock capital wise owes me more than any other due to holding stocks such as HSBC and Lloyds at very low average prices.

2 X 50,000 shares at average 87.8p. I have been making a number of purchases in the 80's in recent months but not bothered to post such on each occasion due to all being at about the same price levels.

Wish I had bought all my holding at my lowest purchase price level.

My average price has been pushed up to 85p after the series of high priced purchases

Some at 2358p - now holding remaining shares at an average of about £3 - therefore no need for further sales without any future purchases

? why not?

Was at an all time high and has had a good recent bounce in price with the prospect of the American listing

I have mentioned a few times a rough timing estimate of the completion of the total 4 Billion spend allocated to buybacks from asset sale proceeds. After the current tranche is complete, that would leave the final 500 million to spend. So all of the 4 Billion should have been spent by about May.

RJ

''I don't calculate profit (or loss) that way but each to their own.''

Nor is it he way that is calculated for tax purposes if outside a tax wrapper.

No profit for me until my expenditure of X has been exceeded by sales resulting in a return of X plus.

If rest of shares go to zero then I have made a loss.