Member Info for longtimeinvestor

RE

''the point is, the sp could get back there one day''

it will take a while longer just to buyback all the shares sold to HMG at over 70p, even before buying back shares created in the HBOS merger and 'rights issues' , but it has been a good start in the process.

Cook

''he was being sarcastic''

was he? - and there was me thinking that he genuinely believed in buybacks and the long term benefits that they will give to shareholders, which includes eventual increases in price per share.

NC

You have your chance to vote each year - in between times, it is totally pointless moaning about the decisions that Lloyds shareholders have made.

In politics, policies/decisions can be altered in between General elections by changing circumstances, political debate/pressure from various sources.

Sufc

''Buy Back is finally working''

buybacks have always worked - to reduce share equity.

If the market believes that Lloyds is undervalued then the market cap will go up with buying pressure and visa versa.

A maintained market cap with buybacks/cancellations, and the price per share would go up

NC

''Hence we all have different views so will never all agree.''

Those views are expressed in a vote. A vote result that needs to be accepted/respected. The CEO/BOD's do the ''right thing'' by acting on shareholder wishes.

WW

"looking at 2018/2019 the dividend is not higher"

looking at 2009-2014 the dividend is a lot higher now

''she still intended to update shareholders on its new capital allocation policy in May''

equals CHANGE - hopefully with a large proportion going towards share buybacks

We had several posters on here last week selling out.

Hopefully there are plenty more Lloyds retail investors willing to give up their shares to help keep a lid on the share price to help out MS with low priced purchases.

NC

''that is why the buybacks is preferred by those who 'call' the shots not those who take the 'hit' from those well targeted missiles, and the navie who still 'trust' CEO to do the 'right thing' Good luck with that.''

It is SHAREHOLDERS that call the shots when it comes to permission for conducting share buybacks.

Does the western world know the whereabouts of all ISIS fighters? . Who is to say that a large number are not those in the dinghies coming to England, with now a roof over their head unlike many of our citizens.

Jcb

''Great job Cons''

do you really think that it is currently in the power of a UK government to stop people getting into a dingy without declaring it a war against ISIS/Islamic invaders wanting to infiltrate our society,and then taking the appropriate measure in war time?

Ftse 100 index would have to go into 5 figures to get to the longer term average p/e ratio

P/e ratio is so low compared with the DJ (now only about 800 points from 40,000.

Happy to keep topping up with low valued UK stocks

J46

18 Nov 2020 19:51

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

Assess

FCA - MARCH 2019

''The broker can effectively set the interest rate and the FCA found that the widespread use of this type of commission creates an incentive for brokers to act against customers’ interests''

This is laughable - yes a higher commission/interest charged but maybe at the cost of selling a car at a lower price or giving more on a car part exchange. That would have been in the interests of the consumer to be able to proceed with a purchase, especially when other finance avenues were closed.

Is it conceivable that every car sale on finance before the change of rules is going to be assumed to have taken place where the overall package taking account of commission/interest, price paid for car, price given for car exchange, alternative finance options that may have been available (or not) were all 'ripping off' the consumer?

Is it at all possible to determine(and by whom) with every single purchase that was made whether or not the overall package was a 'rip off' and what level of 'rip off' ?

The whole 'investigation' to determine whether rules that were changed should be retrospectively applied to then access if compensation is a course of action or not

is a COMPLETE AND UTTER FARCE.

MV

Take no notice of sk1 - he is talking ballacks in reference to the US,UK,EU being responsible for Putin invading Ukraine

FCA - MARCH 2019

'''We estimate that consumers could save £165 million because of today’s action.''

really?

''The FCA will also make changes to the way in which customers are told about the commission they are paying to ensure that they receive more relevant information.''

Cook

you really need to pay attention

Share price now up to last years average buyback price.

It would be beneficial for long term holders for the 2024 buyback to be conducted at the lowest possible price.

Not good for those selling out last week at lower levels to then see an increasing price - Ouch

FCA - MARCH 2019

''In the light of consultation feedback and the additional operational pressures which the sector is facing at present the FCA has agreed to give firms limited additional time to implement the new rules, with the ban coming into force on 28 January 2021.''