Member Info for longtimeinvestor

Jcb

''some bargain EZJ''

bought back some in October from some of the profits previously made from selling out at over £16 on 19th Jan 2018 - it has certainly got a long way to go to get back to those levels

And ftse 100 reaching yet another all time high

UK shares still cheap

888

''my prob is they look cheap to me and im not adding anymore atm but am sorely tempted ''

I won't be losing any sleep over my VOD and BT investments, but it is easy to get to a way overweight position on a stock by being ever more tempted.

I will sit back with patience .

Vod going own the correct 'Aviva' like route of getting rid of certain assets. There will soon be a share buyback mopping up cheap shares also at the sam time still maintaining a reasonable dividend.

BT's very large capital expenditure for the FTTP rollout will come to an end at some time.

3i Group surging to yet another all time high at over £29 per share - if only I had kept all of my 188p purchase.

Yet another HSBC buyback about to start - also being conducted by MS

Many other shares in portfolio/market having an excellent day.

Lloyds having a great day , finding levels that are acceptable to more sellers.

888

nothing wrong with taking an excellent profit on a tranche -

I could have done so myself today , selling my last purchase made from just over 6 months ago at below 40p , but I cannot see a reason to sell at a market cap a lot lower than when I made my 53p sale. It would be a different matter if I thought that Lloyds was not in a good place.

Market cap still only £34 Billion

888

''was 41p-54p trading range for many months.''

with buybacks in operation, I prefer to look at the market cap.

I last made a sale at 53p in Jan 2022 - that would be equivalent to about 60p per share now, and more than that by the end of the current buyback programme, so I will likely not be selling any below my Jan 2022 equivalent.

Fakey

Many investors have waited to see - they have seen the share price rise from about 41p to the current 54p in less than 3 months.

You have an endless 'wait and see' -

''The worst is yet to come 34.5p will be seen in 2024'' - rolled over from 2023

Well done to those locking in 14-15% + total yearly returns from purchases only 3 months ago.

Goodbye to those looking at the current price level to exit an investment that they consider has been ***** ****** ****** etc etc etc

Xd is 2 days away for a total of another 31 cents - cable rate on the 11th June

will be used for the Sterling equivalent to be paid on 21st June

54p broken - need A LOT more sellers for the buyback not to be paying ever higher prices, but it is a win/win either way

Endless losses possible on an open 'sell' SB.

Lloyds now close to 54p

Suf

''Out of interest how long are you allowed to hold short positions,''

''I believe you have to pay the Dividends on the shares''

He hasn't borrowed shares to sell.

When he stated that he was ''Shorting @ 50.59p'' this was a SPREAD BET where you can open a 'sell'.

On such a bet the dividend would have been paid by him on XD day with IG.

Fakey

''The worst is yet to come 34.5p will be seen in 2024''

Currently showing to open at over 8,300, but nearly 6 hours still to go.

At what ftse 100 level would UK stocks no longer be very cheap - 11,000 ?

On the Ftse 100 currently on the cards for later today - will 8,300 be broken this week.

Ken

''still this share doesn't budge''

not enough sellers at the moment to budge it lower.

?

Offer about a 12% total annual return at the current share price level.

2024 dividends should total at least 3p per share giving a forward yield of

about 6%

MS continuing to pick up very cheap Lloyds shares, with institutions happy to sit back and see another year of increased ownership, without necessarily having to purchase any further shares.

It is in the interests of long term shareholders that the share price remains subdued whilst buybacks remain a priority.

3i reaching new all time high

ftse 100 reaching new all time highs

UK shares remain cheap

I remember, being stated as the saviour for Metro when it was acquired, by the ever hopeful shareholders on here , that would grasp at anything.

Once there were hundreds of posts on here daily from those same people thinking that a return to £40 a share was just a matter of time once this that and the other had happened, to now being hardly any. How times change.

https://www.themarketingeye.com/blog/whatever-happened-to-ratesetter/