Member Info for longtimeinvestor

The share price would currently need to be about 60p per share to match the market cap

at the time of my last sale in January 2022 at 53p per share.

Current market cap is about £35.5 Billion.

When the share price was at 89p in June 2015, the market cap was at about £63.5 Billion.

Lloyds Banking Group is in the best shape since it was formed in 2009

Nar

''where did you get that4 Billion Euro will be spent over the next couple of years reducing the number of shares with voting rights? The shares are held in treasury likely to be used as free shares for the shameless sharesave schemes for all it's uk employees''

Any shareholder should already know about the stated spend that is planned on share buybacks.

Shares held in treasury do not have voting rights .

What a stupid comment from you - how can a sharesave scheme be for free shares. Employees save money on a monthly basis to then purchase or not purchase shares at a price set at the start of each scheme after the qualifying period.

Any shares in other schemes and bonuses paid in shares instead of cash would come out of the shares held in treasury. To get the full tax benefit of bonus shares instead of cash, they need to be held for a number of years.

The Vodafone buyback programme putting shares into treasury has the same net effect as a scheme that would cancel the shares immediately.

As an example Lloyds would have the shares cancelled immediately after the settlement of any purchase as they have a policy of not holding shares in treasury.

They then issue new shares for staff schemes.

Therefore the Vodafone and Lloyds buyback programmes in the end have the same net effect with regards to reducing shares in the market with voting rights.

I hope this makes things perfectly clear to you.

Dan

''It maybe that it is only the buybacks that are propping up the price at the moment ''

it appears it needs repeating - buybacks do not determine the valuation that the market gives to Vodafone on a daily basis. With or without a buyback programme in operation the daily share price movements will reflect that days valuation that the market gives to Vodafone.

4 Billion Euro will be spent over the next couple of years reducing the number of shares with voting rights.

Saga continuing with a good upward trend - going well since last months 106p purchase - hopefully it will push on to break the 52 week high in the coming weeks/months.

good increase in AZN reaching new highs

MS having cheap Lloyds shares available (only a £35 Billion market cap- single digit p/e).

Algo not in operation yesterday - today?

Without a lot more sellers the buyback programme will be continuing most of the year.

Ww

?

I think you will find that the ftse 100 falls when the weighted constituent valuations on average, that make up the index are reduced by the market.

There are currently a number of companies in the index that are currently up in value today.

Fakey

''it's overpriced''

A bit of fingers crossed, wishful thinking on your part. I am afraid that Lloyds at a market cap of about £35 Billion, currently equates to about a £10,000 SB running loss on you real/fake spread bet.

LBG was valued at over £60 Billion when not in as good a shape as that currently.

Flec

give it a rest - how many times do you need to say on various boards that you think that the only way shares should change hands is on the exchange.

Companies have tender offers. An institution may hold a £1 Billion of shares in a business that another institution would be interested in taking off of their hands etc etc. and end of

Flec

''I just think all trades should go through the stock exchange''

seen it 50 times already from you - give it a rest - you posting that an exchange should be a monopoly mechanism for the transfer of ownership of shares from A to B is simply ludicrous. A company can make tender offers for shares to shareholders at well above market prices when the market price is well below nav, for the benefit of shareholders as has been the case with one of my stocks not that long ago.

''dark pool trading''

''it allows the big players to move large volumes with little affect on the price''

so.

a good possible alternative mechanism between institutions for large blocks of shares if there were a match for the trade .

A block of 100 million Vodafone shares could be sold, without the many tiny drip drip drip sells on the main market, possibly keeping a lid on prices.

Someone who has never held shares of any company - only used the board for disruptive doom laden purposes and to lie and lie and lie and lie.

''POSTING AFTER EVENTS''

As thick as ever - how can posting trades as they are made be 'after event'?

how many times do you need telling.

J46

13 Dec 2021 18:35

‘’At no stage was a base rate rise on the cards’’

‘’Stop spreading misinformation’’

28 Mar 2021 18:31

''US 10 yr notes yield ~1.5% , risk free''

11 Mar 2021 14:31

‘’should ensure we can pick Lloy up @ ~ 13p’’

18 Nov 2020 19:51

‘’With DOW ~30k it's not investing , it's gambling''

5 Nov 2020 21:12

‘’you'll be able to pick up lloy for 23p in 8 weeks time''

Flec

it was a vodafone buybacks thread.

you appear to have a fixation about about how shares can change hands.

It makes zero difference to me how ownership of shares is transferred from A to B. If shares change hands at a price below or above the market price that makes zero difference to me.

An institution holding 10% of a company wishing to offload it, may have a taker in another institution who already holds 15% . One large transaction at a negotiated price - simple. The market would know about such a transaction and would be evaluated for possible market price adjustments, re possible future takeover target etc.

Ww

''Cash is king''

that is what some were saying when the ftse was about 1100 points lower about 7 months ago with Lloyds at 40p

WB

''If your long here then believe me when I say.......''

you appear to be deluded about thinking you know what has happened and what will happen.

'' get out soon because these players are going to dump in one fail swoop''

WB

6 Jun 2023 09:30

''Low to mid 30s on the way''.

Marston's continuing with it's so far 2 week upward trend - hopefully now on a crawl back to a triple digit share price once again . My last sale on 5th Feb 2021 was at over a £1. Well timed purchase at sub 27p last month.

Saga also continuing it's very recent upward trend - hopefully plain sailing upwards this time around?

Centrica also now back to an upward trend after falling a lot after my sale at over 170p last September.

MS continuing to have cheap Lloyds shares available to purchase.

Sellers unfortunately remaining on the low side.

Fakey now sitting on about a real/fake spread betting loss of about £10,000 -

opening a 'sell' SB can produce endless losses - decisions decisions.

The market is the exchange on which Vodafone shares change hands, whether that be manually or by programmed algo's.

Vodafone's use of an algo to purchase shares does not determine the market valuation.

Holders of stock can if they wish exchange shares directly with each other- I could transfer my Vodafone shares to a friend at 60p per share if i wanted to - that would not affect the market price.

I do not spend any time in thinking about speculation about whether or not a person buying a car happy with the finance provided, should be gifted some money back or not.

It is a total farce.

NC

''b/e is NOT the price I purchased at all those years ago''

how many times does it need pointing out to you - capital values do not automatically increase with inflation, just as the capital (cash) value that Brix has tied up doesn't. He will simply get interest paid on cash, whereas stock market investors get a return out of profits of a business if the policy is to pay dividends. The price that an investor has to pay in order to share in these returns, is determined on a daily basis. That is what stock market investing is all about - investing at a price that you are happy with. You were happy to invest at a little bit higher than the current price but not happy to invest at 24p in 2020. It is all about personal choices and responsibility, and not about whinging when an investors choice turns out not be have been as good as they would have wished to have had.

My average price is 20.57p as a result of many purchases and many sales over many years. I do not then adjust that figure because of yearly inflation.

Csb

the market decides on a daily basis the value of Vodafone not an algo

Csb

''Share buybacks ARE PART OF BUYS ON THE MARKET''

AND?

a share price is not determined because of one particular purchaser of shares.

Easy enough for most to understand

Complete and utter nonsense - the ftse 100 has hit a dozen new highs this month.

Csb

''there are now more buyers around because of the buyback.''

??

the number of different purchasers of shares will differ on a daily basis.

There is an Algo operating on behalf of VOD that on most days will purchase some of the shares being offered by sellers depending upon prices being asked.

''that is 10m more share buy each day. So it is obviously better than extra 10m sells.''

??

the daily volume of shares being traded will differ from day to day depending upon price levels that are mutually agreeable between both sides of a trade.

An Algo purchasing a small percentage each day does not automatically mean a greater volume of trades.

A share buyback has nothing to do with what the market may value VOD at on a daily basis. On Friday the market decided to devalue VOD as the market will decide every day.

After hours at 2.8393 but sterling has strengthened a bit but this still equates to

about 55.86p per share.