Member Info for longtimeinvestor

Mv

''If this pony ever reaches 62p I am of or earlier !''

was 61p not good enough a couple of weeks ago? - if I was not happy with an investment and wanted out, I wouldn't be sticking around waiting for that fraction more.

Paypoint reaching a multi year high - over £7

Investors still willing to sell Lloyds shares cheaply

Flec

''as it seems to be your thing.''

it is my thing to state the facts when your opinion about share price/buybacks/consolidation/volatility is nonsense.

There is no benefit to a share consolidation.

You applying lipstick would also be a cosmetic exercise. Is it your opinion that it would be of benefit to you?.

Dcb

you not being a shareholder makes it not relevant to you whatsoever. Your facade is laughable.

HSBC within about the last couple of weeks - over £7 per share down to about

614p per share, up to the current 655p per share.

Flec

''IN MY OPINION, once they get down to 60 Billion shares in issue they should do a reverse stock split of 1 for 4, so there'll be 15 Billion shares issued''

A share consolidation is just cosmetic, of no value.

''then going forward concentrate on a progressive dividend policy and forget about buybacks.''

Lloyds already have a progressive dividend policy which is helped by buybacks.

Buybacks will continue for as long as it a priority policy and the shareholders vote for it. It makes sense to continue investing in Lloyds shares whilst share capital is so lowly valued.

''it's debatable whether Buyback's contribute to increasing the share price with so many shares in circulation.''

ffs, how many more times? - buybacks for cancellation will always increase the price per share over what it would otherwise have been.

'' so Lloyds might as well reduce their share count with a reverse split and reduce price volatility. ''

what?, having a higher price per share would do NOTHING with regard to percentage movements in the share price. HSBC is current about 655p per share.

Lloyds is a £36 Billion market cap business not a £36 million one.

Flec

''IN MY OPINION, once they get down to 60 Billion shares in issue they should do a reverse stock split of 1 for 4, so there'll be 15 Billion shares issued''

A share consolidation is just cosmetic, of no value.

''then going forward concentrate on a progressive dividend policy and forget about buybacks.''

Lloyds already have a progressive dividend policy which is helped by buybacks.

Buybacks will continue for as long as it a priority policy and the shareholders vote for it. It makes sense to continue investing in Lloyds shares whilst share capital is so lowly valued.

''it's debatable whether Buyback's contribute to increasing the share price with so many shares in circulation.''

ffs, how many more times? - buybacks for cancellation will always increase the price per share over what it would otherwise have been.

'' so Lloyds might as well reduce their share count with a reverse split and reduce price volatility. ''

what?, having a higher price per share would do NOTHING with regard to percentage movements in the share price. HSBC is current about 655p per share.

Lloyds is a £36 Billion market cap business not a £36 million one.

''Lloyds needs a higher share price and much less shares traded, it wont achieve that through Buybacks.

Before someone jumps in and tells me how wrong I am, it's just my opinion.

Blb

''I WANT A RETURN NOW NOT WHEN I AM 6 FT UNDER''

Maybe if you didn't post quite so many capital letters, you may live a little longer.

btw, I am happy with my returns. Not quite sure why you haven't had a return.

BLB

‘’ Do the maths muppet, from 24p the SP is now a pathetic 43, how the Feeecckk do you make it 80% up lol lol lol

NOT ONLY A LIAR BUT THICK AS TUCK TOO.’’

BLB (dumber)

''Have you ever wondered why banks use our DIVI money to buy back their own shares????''

first of all they use money from profits of the banks, not money that had previously been allocated to dividends.

You shouldn't be 'wondering', you should know - shareholders voted for them, so your whinging says a lot about you not respecting a decision.

''Gateboy have you ever wondered WHY THE SP IS ON ITS ARRRRSE DESPITE SO MANY BUYBACKS ?????????;;

you said the same about the SP when at 40p.

Buybacks have added any pence to the current SP over what it would otherwise have been

BLB (dumber)

''Have you ever wondered why banks use our DIVI money to buy back their own shares????''

first of all they use money from profits of the banks, not money that had previously been allocated to dividends.

You shouldn't be 'wondering', you should know - shareholders voted for them, so your whinging says a lot about you not respecting a decision.

''Gateboy have you ever wondered WHY THE SP IS ON ITS ARRRRSE DESPITE SO MANY BUYBACKS ?????????;;

you said the same about the SP when at 40p.

Buybacks have added any pence to the current SP over what it would otherwise have been

LTI is Biden you can be his Deputy Kamal Harris -

Gateboy have you wondered why Large American companies DO NOT BUY LLOYDS SHARES??????

A1

''Lloy post tax profit has been declining past few years ''

post tax depends on various factors.

'' how many more years are they going to be able to find £2bn for buybacks?

with current profitability, forever, but they may decide that they can find a better investment in the future.

'' Rising SP & reducing buyback pot = longer and longer timescale to get down to 50bn total voting rights''

is a 'reducing buyback pot' another of your projections?

''Rising SP''

that is why i would have proffered a very low share price whilst buybacks were the policy, but the rising SP has enabled a lot of investors to jump ship.

I would expect good structural hedge benefits coming through for Lloyds in the coming years

R1234

''then I could decide if I effectively wanted to do my own buyback by purchasing more shares''

or you could decide whether to sell enough shares to extract all the extra pence per share that buybacks have given you - your choice.

You invest in a business where the BOD put forward resolutions that shareholders can vote on . Shareholders voted for buybacks.

A1

''it's just the timescale that I find difficult to get my head around - For example, it seems unlikely we'll see the 'Total Voting Rights' down to 50bn by the end of this decade!

Total voting rights projection?''

Maybe if you altered the 'projections' (out of thin air guesses) you could knock a lot of time off.

''Feb 2025 61.5bn? (-2.6bn?)''

shares in issue is probably less than 62 Billion already with nearly £750 million still to spend.

''Feb 2025 (-2.6bn?)''

excluding new shares than would suggest an average purchase price of

about 77p (£2 Billion spend) - really? - I am sure shareholders would be happy to see that average share price next year.

''Feb 2027 (-2bn?)'' - average £1 per share

etc

etc.

Are you going to add this to your weekend weekly, mainly not worthwhile posts.

As we all know, future valuations are unknown, the future buyback budget unknown, and indeed buybacks could be halted completely.

I have said many times in the past, that I didn't mind how low the share price went on maintained profitability, which would have been of great benefit to the buybacks. It wouldn't have taken too long to get to 50,40 Billion shares etc purchasing at averages of 40, 35,30p etc.

S123

the market determines the valuation of Lloyds on a daily basis - I do not waste many thoughts on what a day to day movement in price may be. I act when the valuations are such that I transact in a purchase or a sale, taking account of prior transaction levels. The Lloyds share price will reach 70p as some point in the future though.

LGEN has increased the dividend over the years but the price per share is way down from Jan 2020 levels despite the dividend per share being about 20% greater than then.

Increased dividends is no guarantee of an increase in share capital valuation -

indeed they now conduct share buybacks because I imagine they have an opinion that it would be a good investment for longer term shareholders.

BLB

''buy backs can also have a negative effect on an SP. ''

for about the 500th time - buybacks for cancellation will always result in a higher price per share than otherwise would have been the case.

Buybacks will automatically contribute to the Lloyds progressive dividend policy.

Increasing dividend payments is no guarantee of an increased valuation of share capital.

Just one example - HFEL has increased the dividend to 6.2p per quarter, but is languishing at 226.5p per share for about an 11% yield.

There are of course other examples of high yielding stocks languishing at low market valuations in relation to yield.

You can now get back in your box now.

Leas

''My thoughts on the sudden change.......''

what has that got to do with you saying -

''Lloy are more likely to increase in value as its MC is lead by the FTSE''

to which I gave a factual answer?

Leas

''Lloy are more likely to increase in value as its MC is lead by the FTSE''

?? - don't think so.

the ftse 100 is not far off of the all time high.

LBG is currently valued at £36 Billion, but has been at £58 Billion in the past.

Leas

''Buybacks seem to be offering support too despite the Algos.''

the market determines the valuation of Lloyds on a daily basis, but of course with a market cap not falling, then the reduction in share count will of course mean an increase in price per share over the course of buyback programmes. It also helps a great deal when purchases are made when the market is valuing the share capital so cheaply - currently about £36 Billion.