Member Info for longtimeinvestor

At over 495p, the shares bought at 379p on 2nd Aug 2023.

Average price on remaining shares now 261p

Cr

''If these manage to creep up to 60p I can see them trying to force the stock back down to the mid 40's to carry on with the buy backs.''

oh dear - the BOD's or MS do not control the market valuation of Lloyds banking group.

The market cap at 60p would only be about the same as when the shares were at 53p in Jan 2022

''AV''

on the day I bought at 379p (2nd Aug 2023) -

Fakey

''2 Aug 2023 09:08

Have a buying order @ 350p ....imho''

2 Aug 2023 10:47

'' I will wait till the sp hit 350p...IMHO-DYOR''

fakey

when in 2024 will Lloyds be at your waiting for 34.5p level? (rolled over from 2023)

Cr

''they are starting to get expensive to repurchase.''

don't be silly.

the number of shares bought back will depend upon the average price paid during the £2 Billion investment.

DCB

do you get a good picture on your TV set in Spain?

shame you never got to sing and wave the red flag along with JC.

Has certainly gone well since my sub 40p purchase less than 5 months ago (25th Oct 2023)

NC

''AV''

You do not appear to have any problems in putting a bit into Aviva with them doing share buybacks, but for some reason are very unhappy with Lloyds doing them ?

Lloyds still at a price where double digit returns are on offer

S123

''Still more upside LTI?''

I last made a sale at about 53p on 7th Jan 2022, which will be equivalent to about 60p per share now, making the current market cap still a way from the 7th Jan 2022 valuation.

NC

''Very strange time for shares especially here to be on the up, not sorry, just seems illogical.''

Nothing illogical about a little bit of buying pressure in a UK market that is so cheap , locking in some good future dividend yields where the current consensus is that the only way for interest rates to go is down. Investors had a very long time recently to top up on Lloyds, giving 14% + returns each year.

I wouldn't like to see rates go back to being near zero again. A 4% to 4.5% base rate is just fine - this would give people who only keep cash a little return.

Bug

''Price falling on the Nasdaq, looks like a bad day tomorrow….again.''

the after hours closing price equates to over 68p

NC

''3i, which I bought around the same time as Lloyds, but sadly only a few compared to the latter, have gone from about £2 or maybe £3, I cannot remember which to £27 +. Adding around 9% just today.''

No good comparing investments.

As you know I bought 3I at 188p - unfortunately I sold 75% of them by the time they reached

615p, meaning I only have 5,000 left out of the original 20,000 shares purchased. This was an occasion where there was not a fall back in price from sale prices at the time.

As you also know I would have topped up on them when they went below £11 in 2022 had HSBC had them in their system to purchase at the time. Would still have been a good purchase at about £17 (in hindsight) , the price they were when HSBC had them available once more to purchase.

'' It would have been nice to have been a millionaire''

Health is far more important.

My brother left a very good amount to his children after a lifetimes work, only to then have had a couple of months retirement before Covid 19 killed him.

Jest

I last bought Vodafone on the 7th Feb at 64p

Slpj

''since greed and fear are two of the most powerful human emotions, and both are very much in the investing driving seat.''

I have neither greed - don't need the money

or fear - don't need the money.

It plays NO part in my investment decisions

Slpj

''My perhaps silly question to you is, how did you select when to sell and when to buy? How did you know when others didn't, it was going to fall and when on those rare ocassions it was going to rise? And is it going to rise from here, or will it fall more?''

Yes, you are correct - a silly question.

I haven't a clue if it is going to rise or fall from here - the market determines the valuation of Vodafone on a daily basis.

I will purchase more on any worthwhile fall from here, as I believe Vodafone is not going bust, and the world needs telco's.

I will sell in stages on any worthwhile increase in valuation to reduce average prices on shares kept,but no current plans to sell any whilst waiting to see the 4 Billion investment in Vodafone shares play out.

FB

''Is expressing zero emotions natural?''

stock market investment is not for the emotional - save that for something more important

DCB

are you in need of a hat in Spain today?

I was going to a wetherspoons (Hamilton Hall) when only a few pubs existed (pre floatation) -

people with a lot of money went there.

We know what you are doing - going to wetherspoons

Ww

''I released back into the wild, 83713 shares ''

thanks for your small contribution in helping MS, but need a lot more sellers wiling to give up their shares at a very low price