Member Info for longtimeinvestor

DCB

whatever happened to your singing ' the red flag' with JC and having a 'peoples vote'.

No wonder you have hidden behind so many different ids

Tfe

''I recognise some of those aliases''

just some from over a 100.

He went through the whacamole phase with -

whac_a_mole

whac_a-mole

whac-a-moIe

vvhac-a-mole

whac.a.mole

whac.a-mole

whac-a.moIe

Tfe

''STP was unheard of here when DCB was performing''

STP id. was overlapping time wise with some of DCB's other id's but was not noticed by those on this board as he had not yet started posting on the Lloyds board. His STP id would have overlapped, to name just a few of his id's with -

Caan_yay

Marm1te

quantum-drive

allclowns

Operation-Brock

zero_sum

DCB

how is the Spanish weather?

DCB

how is the Spanish weather?

Brix

''Metro''

dead as a dodo?

Stp ( one of over a 100 ids used)

do you want your a rse kicked all over again?

have you learnt nothing from your last experience?

Stp

''Onwards and upwards with Lloyds this year''

Don't make me laugh - you are not a holder of Lloyds or any other bank

''Only people really gain are the directors on performance pay based on SP as their bonus go up without any efforts by them.''

oh no, another one out of the woodwork - seems to be an endless amount

Kev

''Assets sold to generate cash to buy back shares is viewed as zero sum?''

get your head into gear. The assets were generating nothing. The situation with the scale that Vodafone had in those markets may have meant that over the years the asset values could have kept diminishing to zero.

Money from the proceeds is being invested into assets that generate a return.

Jest

'' look at their share price in last 5 days ''

yes, it hasn't crashed from the halving of dividend, Italian sale and investing 4 Billion in Vodafone shares announcement

Jest

''in the right hands those "worthless" assets will pay their way. Zegona and Swisscom know how to make it successful''

it is all about scale - if all the telco's operating in Spain and Italy merged then that certainly would be successful.

Good move to get out of Spain and Italy to invest in the rest of Vodafone

Kev

''It is still selling off an asset and using the cash to buy back your own shares rather than''

assets that have been of no benefit to shareholders - making no money. Proceeds investing in the rest of Vodafone is a wise move, removing shares that would have been eligible for a high yield return.

''but I'm not clear where the value that will translate into a share price increase''

you need better understanding - a buyback is carried out as a return to shareholders with the aim at reducing share capital. The market values Vodafone on a daily basis

''the belief that once the company is 4 billion lighter, it will be worth the same?''

the 4 billion was not getting any return - the 4 billion will now be getting a return for shareholders via the purchasing of shares. The cancellations will transfer the value to the remaining shares.

If profitability is maintained why should the value of the business drop?

Kev

''But Vodafone will have 4 billion less cash afterwards, so why should it translate to a price increase?''

oh dear

''If I have a company worth £10 million and it has 10 millions shares at a £1 each, using £5 million of the companies cash to buy back 5 million shares means I'm left with a company worth £5million with 5 million shares worth £1 each.''

oh dear

Business valuations are based on assets and profits that can be generated. If a Billion is made via a dividend payment then that loss in assets is reflected in the share price immediately on xd day. The following profitability should then plug that asset gap made from the dividend payment. Buybacks for cancellation are assets (cash) leaving the business very slowly each day over a prolonged period. Providing profitability remains at least the same, then the money spent will be replenished, meaning that providing the market does not give a lower valuation to the business, and because shares are fewer in number, that would mean the price per share would be greater.

A123

''The UK is doing fine? Have you seen UK vs EU stock indices?''

Have you learnt nothing from what has been posted numerous times. There is no direct link between a stock market index and that of the economy of the country that is hosting the market. Stock markets have many businesses that operate multi nationally.

SC

''re - energise the share price march towards the psychological 50p resistance level.''

Are humans and algorithms suffering more mental problems now than in Jan 2022 and Jan 2023 . 50 is just a number.

Currently the market values Lloyds atabout £31.6 Billion. 50p per share would be breached even if that valuation were to remain the same over the next 6 months.

Would prefer to see more sellers to keep it at sub 50p for a hopeful 4 Billion + repurchase of shares.

Mb

if you are going to post make it accurate.

Lloyds share price reached the 70's in 2017

Nigel Farage has had an interview with Donald trump, to be broadcast at 7pm today on GB News. The establishment/ofcom/other broadcasters are not liking the increasing popularity of

GB News.

Rob

''i suspect it will be of no benefit whatsoever''

it is a 4 Billion euro benefit to shareholders.

Euro is planned to be spent on buybacks for cancellation. That equates to getting on for 20% of the current market cap, so that gives an indication of how much each share would rise in price if the market cap remained constant, over that long period with such a removal of shares from the market. Obviously that is unlikely Vodafone will more likely have a lower or higher market cap in a couple of years time.