Member Info for longtimeinvestor

DCB

after many years, now claiming to be an extensive shareholder - good for a laugh.

Probably trying to keep his 131st ID. going

DCB

''Scottish whiskey''

showing his Irishness

NC

re your post at 8:38

all of it is complete nonsense.

A share buyback has NOTHING to do with what the market values Lloyds banking group at - currently about £34.2 Billion.

MS buying some shares each day is no different to any other purchaser of shares. The level at which shares are willing to be exchanged at, will be found no matter who the seller and purchaser are. The average volume of trades during normal trading hours has not increased as a result of one particular purchaser.

The price per share during and after a buyback programme will be determined as always by what the market values Lloyds at.

As I have already mentioned the Market put a value of about £60 Billion on Lloyds in January 2014.

Https://www.londonstockexchange.com/news-article/VOD/fy24-preliminary-results/16467970

Https://www.londonstockexchange.com/news-article/MARS/results-for-the-26-weeks-ended-30-march-2024/16467906

Has had about 130 ID's in the past 8 years - not sure why the current one 'STP' is lasting so long when at one time he was getting through up to 3 a day. I imagine Admin waved the white flag.

He has only been here on this board in all that time for his own disruptive purposes. Got to laugh at his now occasional attempts in making people think that he has an interest in Lloyds. In reality he hasn't and never has had.

LTI

''Current market cap is well below that at the start of 2022 and a

MASSIVE amount below that as at start of 2014.''

Current market cap is about £34.2 Billion

As an example on the 31st January 2014 the market cap was about £59.5 Billion. The current share price would have to be getting on for 75% higher to match that.

As I said - MS continuing to pick up cheap shares.

MP

''Based on the share price performance over the past 2/3 years 54p+ cannot be considered cheap, it is within a whisker of its highest recent level.''

YES CHEAP - forget price per share, think market cap.

Current market cap is well below that at the start of 2022 and a

MASSIVE amount below that as at start of 2014.

Profitability of Lloyds currently is very healthy.

Marstons up again - now up about 20% in a week ahead of results.

MS continuing to have cheap Lloyds shares to pick up.

NC

''Clearly, with the buyback slowed to stalling, then it is clear that they feel that Lloyds is overpriced''

??

'they' ?

the buyback can run until the end of 2024. The ALGO will operate within certain parameters. The algo is not responsible for the number of investors willing to put in 'asking prices' at any given level, giving more purchasing opportunities.An Algo will not make the running with ever increased bid prices, but takes what is on offer from ask prices, provided once again the ask prices are within a pre determined criteria.

Institutional investors I am sure, are happy to see their percentage ownership of Lloyds increase once again by about 6% without having to purchase a single additional share themselves if they do not wish to do so.

Once again the individual investor ownership of Lloyds is likely to fall further as the weak sell out.

Lloyds as with many other UK stocks, is far far away from being overpriced (nowhere near) , but would be more than happy for buybacks to be continued at way undervalued levels.

NS

13 Mar 2024 13:48

''Charts look awful

Amidst the current absence of updates, the sp might be approaching the lower 50s threshold''

It appears that you appear to be in the category of a pessimists.

NS

''not sure if the figures on Thur are good enough just yet.''

??

Vodafone shareholders would be more interested in Vodafone's results figures.

NS

''FTSE100 is overbought and due for a massive correction''

The market going from very very cheap valuations to cheap UK market valuations, does not in my mind make it overbought. I am afraid it may be a case that people have got used to our market being at 'giveaway' prices for 20 years and cannot see that it no longer needs to be the case in the future.

The UK is still very cheap in comparison to the US.

The S&P 500 must be on about double the P/E ratio of the FTSE 100

LR

''It's looking weak at the moment, maybe a fortuitous sell this morning in hindsight..''

Currently 54p only equates to a Lloyds market cap of £34 Billion

LR

''LTI will still find some bullshizz to claim it's a another good day''

Just a selection from many today - Never BS

Marstons having another excellent move today following on from yesterday -

now seeing the benefits from my sub 27p purchase on 4th April added to my other lower than today's priced purchases over the last 11 months.

AZN reaching yet another all time high

SHELL reaching another price per share all time high.

FTSE 100 market constituents reaching another all time high

My portfolio value reaching yet another all time high

MS picking up more cheap Lloyds shares.

Well done to those investors purchasing more in the low 40's only 3 months ago, locking in big annual future returns

Is calling

Das

Cable plays a role each day - at the current rate, a 2.71 adr equates to 54.1p per share

That the CEO has purchashed a reasonable amount

Tesco xd next week (over 8p )- maybe they have decided not to have the buyback fully operational until that is out of the way?

Ftse 100 market at another all time closing high - has been an excellent 6 months for my portfolio.