Member Info for longtimeinvestor

She

'' Lloyds desperately needs to do something, to make itself look like vaguely attractive''

do?

Lloyds can currently make 14% returns - i would have thought that was attractive enough

She

''What do people think would need to happen for Lloyds to reach 55p?''

''I'll start with: if they were to offer a chunky 'Special Dividend' ''

ffs

Jcb

''Lloyds should go quarterly Dividends might help a more sable share price''

ffs , clueless

Pan

''Good old lloyds, the funds splaffed on buybacks would have more than covered the car loansfiasco.''

some people are clueless - not cut out for investing in shares

OS

and yet more - in the 'if' would' category.

''I know that if the money spent on buybacks was returned to me as dividends then I would have achieved higher returns ''

that depends on what hindsight investments were made.

'' I can only think that shareholders that celebrate the success of buybacks must believe that they could not do better than the BOD.''

Buybacks do as they are supposed do - reduce shareholder capital, and supported by shareholders. The market determines the value of Lloyds bank and are a separate matter to reducing shareholder equity

Riz

''You clearly have the crystal ball when you sold at an year high at 7.january last year for 53p it has not reached that price since.''

Jan 2022

it has, after I made a purchase at about 38p .

'' Otherwise you would not sell''

I make sales and purchases at a level determined by previous purchase and sale levels -

absolutely no relationship with buybacks which ALWAYS do what they are supposed to do.

Riz

''Will never admit that value have been lost.''

??

The share price is lower now than when I made a sale at 53p

''31 bilion last year and 26bln this year. Everyone see that drop of 5 bilion but politician (and LTI) would defend that as great value for investors because its a gain of 13%''

investors decided on a daily basis what they are prepared to exchange shares at.

currently 14% can be had from a purchase. A purchase when the market cap was at £31 Billion would be lower but still in double digits.

Brix

''just a bloody question''

and I gave the obvious answer. Lloyds IS and has been for a long time at a low valuation.

I have already said myself that if the day comes when Lloyds is at a much higher valuation, then the likelihood is that more of the returns would be made by way of dividends.

Gray

''My BE is now 52.64p and when it is reached I am out.''

so many investors say similar - there are plenty of alternative investments - you can sell at anytime.

I sold Lloyds shares at 53p on 7th Jan 2022, why didn't you?

Gray

''Mr Market has judged that the overall value of the enterprise has fallen.''

Investors decide everyday what they are prepared to exchange shares at , and?

''OK you can argue that the without the buybacks they would be closer to 30p a share, but the overall direction of travel as dictated by the market is downward''

Yes, a lot lower without buybacks.

Investors decide everyday what they are prepared to exchange shares at .

Brix

''Why not discretionary when the SP is low over a longer period of time with the option to pay a divi instead if the SP goes up''

FFS - WAKE UP - a market cap at under £40 Billion is low

Riz

''I never said the average was 52p, I said it started when it was around 52p ''

I never said that you said that 52p was the average.

I said if investors had stated to purchase more shares themselves at 52p, suggesting that they may have ended up buying at an average similar to that of the buyback.

''Which was clearly showing signs that it doesn’t work as it should.''

ffs - buybacks ALWAYS work as they should - reducing share capital.

''what was the point of buying those shares at 50p when they vould of waited few months and get a lot more shares for their money''

ffs, not more hindsight, crystal ball investing

Buybacks start very soon after they are announced and continue when shareholders give permission to do so.

Shab

Any acquisitions on Lloyds radar would have been made. The question for them without targets is the best way to use the capital to return to shareholders - they with shareholder approval have decided that buybacks play a part in that.

Shab

yes 3p from just last years buyback where 4,386,262,707 shares were bought.

Total bought 12,379,829,989 shares equals a great deal more than 3p though.

Shab

''Without the buybacks share price might be in the 30s''

not a question of 'might' -

without buybacks the current value of Lloyds would have been split between a further

12,379,829,989 shares

GB

''The buy backs don't work''

FFS

'' the dividends are poor''

FFS

you are not a shareholder

Riz

average buyback price was mid 40's though not 52p

Riz

very roughly the return that the 2022 buyback gave to shareholders was about 3p per share.

This multiplied by the number of shares that an investor held was the amount that an investor would have had to find to purchase shares to increase their percentage ownership similar to that given by the buyback

''I think I would of have more shares if I bought now at 42p than if I bought a year ago at 52p''

and a great deal more using the same cash value to have purchased at 24p.

Investing doesn't work with hindsight IF's

Riz

''So I find it hard to believe that you gained anything let alone 13%''

investors percentage ownership increases with a share buyback. The alternative to increase percentage ownership is to purchase more shares yourself. If there had been no share buyback and an investor used their own money instead and purchased more shares themselves starting at 52p then the value of those purchases would also have been diminished.

Cook

investors and potential investors need to be kept informed with facts about what is on offer, rather than just come to this board and read posts of 'dog' 'basket case' 'worse share ever'

etc etc etc etc.

what do you think this Lloyds banking Group board is for?