Member Info for longtimeinvestor

Rob

''just hoping it doesn't take too long to recover from the upcoming dividend drop''

there will be 4 Billion Euro spent over the next 2 years purchasing Vodafone shares, and then held initially in treasury. It would be no bad thing to have this money spent having purchased as many shares as possible at the cheapest of prices, but if sellers dry up at various price points then a gradual increase in prices paid would be the result.

Flec

''Only in response to''

So now you ADMIT starting the talk on NG (get your head straight)

'' your "ludicrous" 😉 10:20 dig at me''

dig?, NO not ludicrous either- giving a very feasible reason as to why you couldn't sleep properly - you thinking about your nonsense shenanigans of the previous day

Flec

''You started it with your "due to you thinking too much about how you can get your head straight"

NO I didn't start it - YOU started it,mentioning National Grid at 12:56, so once again, get your head straight.

Flec

''I'd have been more impressed if you'd said a 6 figure investment at 645p.''

it is a 7 for 24 rights issue at 645p - £xx,xxx goes up to £99,999 you know.

In addition I bought further shares last week.

I have 36 stocks in my portfolio

Moy

''taking some profit.''

As always the market will determine the value of NG on a daily basis with various influences. Cable has been on a roller coaster today, From the early hours down to below 1.27 and now up to near 3 month highs at a little under 1.28. NG is a dollar earner

Flec

you appear to be creating a circle - going on the NG board talking about BT and Lloyds, then onto the Lloyds board talking about NG, and now on the VOD talking about NG.

Sort out your head

Flec

''They kicked shareholders in the nether regions and there's a reasonable chance the share price will be punished once the dust settles.''

Sort your head out - i am very happy to be making a further 5 figure investment at 645p per National Grid share to benefit in the returns from the large increase in electricity consumption in the coming years.

Flec

''I had a bad nights sleep.''

due to you thinking too much about how you can get your head straight.

Market cap is still at a well undervalued level- glad that I have taken full advantage of the very low valuations in recent years with a number of purchases.

Flec

you first distrupt the NG board, talking about BT and Lloyds, and now you are on the Lloyds board making references to NG.

ffs get your head in order.

Flec

ffs

''National Grid also has enormous long-term earnings potential as the decarbonisation of the power grid rolls along.

Under its 2024-2029 investment plan, the company intends to grow its asset base at a compound annual rate of 10%. It is confident that underlying earnings per share will rise between 6% and 8% annually as a result.

This could provide the bedrock for National Grid to continue paying a large and increasing dividend to its shareholders. The company already has a strong record of long-term dividend growth, as the chart below shows.''

https://www.fool.co.uk/2024/05/28/are-national-grid-shares-now-a-brilliant-bargain/

Flec

''which suggests the dividend rebase was due to Covid''

you really must try to think before posting -

yes because of oovid 19 - No pandemic, no cut.

You must learn to read . The dividend could have resumed higher, but I have already said - the market does not like a dividend cut.

''reinforces my point that NG's dividend isn't necessarily safe either.''

the re based per share dividend is very safe and will be progressed. You need to look at their dividend paying history

Flec

''what difference does it make why I do them?''

it is always good for others to know your motives - btw it should be - You started your charts as part of your anti buyback/staff schemes stance.

''can you explain your reasoning as to why Lloyds had to rebase the dividend at a lower level ''

there is NO 'had to'. A new CEO, with economic uncertainty (Covid hit) at the stage of dividend resumption - a decision was made that a long term benefit for shareholders would be achieved with the purchase of shares at a lower valuation than that of pre covid 19, with the budget slightly increased from that set by AHO.. The market does not like dividend cuts, so a new progressive policy was put in place at a level that would make a dividend cut unlikely. As a result of these decisions, long term holders will eventually expect to receive greater dividend returns in the future than otherwise would have been the case. Lloyds has also made business investment and made pension fund contributions.

I think my parting with £300 after the close on the last trading day of this year comes into the category of a long shot.

Gun

''the MCAP should be by the default alter.''

??

The market capitalisation is determined by the stock market during the course of every single trading day.

The shares in issue on which the market can evaluate the worth of Lloyds banking group is a known factor at the start of each trading day.

Gun

''So when the Lloyds start creating more shares for thing like the incentive scheme. ?''

It looks like you forgot to finish a question.

Any new shares that staff purchase or receive instead of cash will at the appropriate time have voting rights. The number of shares with voting rights is given each month on an RNS.

Gun

there are only a minority who think you can judge a companies worth by a share price. You will find that the majority know that you would need to multiply a share price by the number of shares in issue.

That is why I have stated several times that my last sale of Lloyds at 53p per share would be equivalent to about 60p per share now.

Gun

As I said - "The number of shares that make up any businesses share capital is irrelevant ".

It makes no difference to the buyback whether the Lloyds about £35 Billion market cap was made up of the current number of shares or half the amount.

Flec

You started your charts as part of your anti buyback stance - that was clear for all but the dumb to work out.

As I have already said, there is a monthly RNS giving voting rights and as I have also already said, an investor can look at historical share counts at any time they like with a quick search.

Share count peaked at about 72 Billion and is on a downward trend - simple.

Also as i have already said, it gives no indication as to the benefit of share buybacks (you would not like to highlight that yourself would you)

Without buybacks there would be 76,651,704,843 shares on the market

''The 2018 programme''

2019