Member Info for longtimeinvestor

Cook

''it does not matter how many shares there are it is only maths ''

Only maths? - I think you will find that maths matter, when dividing what the market believes Lloyds is worth by the number of shares in issue.

Cook

''the bod have driven me as far as i can go ,my faith of years of holding lloyds has been stamped on from above but enough is enough''

call the Samaritans before doing anything stupid

Good for others like me, giving opportunity to top up at very low prices if wish to do so.

Jeff

''I think shareholders should seriously consider moving away from investing here''

lti

''the number of LBG investors has decreased every year since it was formed ''

Triggered at 41.917

"Small investors pull money out of UK stock market at record pace"..

As I have already mentioned , the number of LBG investors has decreased every year since it was formed and yet retail investors still in the market like to blame the BOD's of Lloyds and other UK listed companies for the lack of risk appetite for the stocks, creating low valuations.

Every cloud has a silver lining though - good for share buyback programmes and for any personal top up's.

Hu

''You don't know if the BOD would have paid that £6B as dividends. ''

the alternative to buybacks are dividends, so yes dividends would have been paid.

''But, if they had, it would have equated to share holders having received an extra 7.8p per share dividend ''

they didn't - their current policy is to return part of monies allocated to shareholder returns by way of buybacks rather than 100% dividends.

Personally I would have paid 39.35% tax on that extra dividend amount with shares held outside of an ISA

''That can be argued would have been a catalyst for upward momentum in the share price with income investors coming onboard.''

A dividend level does not determine the valuation of a business.

I get 9 cents per share in dividends on my vodafone shares.

'' share holders would also have had the choice of taking the dividend in cash or using it to buy more Lloyds shares''

Lloyds policy supported by the vast majority of shareholder votes is to purchase shares for cancellation

''that would also have supported an increasing share price.''

for every purchase there is a seller

Lloyds purchased over 4.38 Billion shares in 2023 from sellers.

Current share price is below cost.

HU

incorrect - Lloyds board decided to make some returns to shareholders by way of buybacks and cancellations, rather than an extra £6 Billion LEAVING the business by way of dividends .

The share repurchase programmes provide a part contribution to a sustained progressive dividend policy.

Based on the current market cap, 76,466,264,008 shares would equate to under 35.5p per share

Without share repurchase programmes there would currently be 76,466,264,008 shares in issue

NC

''clearly all those 'selling them' likely most at a loss don't think they are worth holding.''

I imagine many institutional investors are happy to hold for the long term to take the dividends .and at the same have their percentage ownership increase with the buybacks without having to commit to extra investment money. It is many of the retail investors who do not sit it out but sell out at the first sign of panic .

The number of shareholders has decreased every year since LBG was formed which would have meant retail investors selling out. The vast majority of shares are now held by institutions.

NC

'' it was never disclosed to us mortals what price the large institutional holders paid for Lloyds share when HMG sold them off''

HMG made a profit on the 73.6p per share that they paid to Lloyds when they offloaded them.

As I have already mentioned a couple of times, purchasing shares in the buyback programmes at a lot less than the 73.6p per share raised, is a great piece of business.

With Lloyds maintaining an excellent price level for the 2024 share repurchase programme, to be announced along with full year results in less than 3 weeks time.

H10

market cap has no relevance to the pension deficit.

BT make excellent underlying profits.

Patience needed by shareholders for when the vast FTTP capital expenditure comes to an end.

The deficit could be got rid of within 3 years if shareholders were prepared to give up their dividend, which I am sure they would not want to. Better to spread the cost over a longer time frame to allow for shareholder returns.

Hd10

''The pension scheme is still in significant deficit''

It has more than halved recently - it is not much of a consideration to take into account for any potential BT investor. There will be no deficit within about 6 years time.

Stp

''Please work on trying to shorten your posts.''

f off - short enough?

Stp

''Please work on trying to shorten your posts.''

f off - sort enough?

Ant

''Just such a shame it’s not a Dyson or a Rolls Royce air source heat pump''

thanking the eu? - many people would put the interests of their own country first and bought British.

Ram

''What is it going to take for it to raise above 50.00''

hopefully after a number of years of a continuation Lloyds policy to repurchase shares that it sold to HMG at about 70p comes to an end.

At under 110p