Member Info for longtimeinvestor

Re

''We need to get share count down to 30bn shares. It will happen in time.''

that would be fantastic, especially if done at very cheap levels.

Buybacks have been a great investment so far - having sold shares to the government at about 70p per share and now purchasing back far more cheaply.

Stp

''UKIP failed to delivery on their promises, so don't expect too much from reform UK''

I wasn't aware that UKIP had formed a government.

The Reform party is the renamed Brexit party

Gray

it appears you do not like my example of how a taxpayer investing in UK stocks is in effect subsidising you overseas investment, and so you decided to turn the example into something else as a way to deflect from what some may see as a good point.

btw you are not a Lloyds shareholder and as I have already pointed out, only appear on this board for your own disruptive purposes.

The car dealer is the middle man, any any info that the car buyer may need to know should be the responsibility of the dealer to convey it.

''Anyone who entered into motor finance agreements with Black Horse''

I thought that finance was agreed between the car buyer and the car dealer, and not between the car buyer and black horse.

Gray

''For those with the sense to shelter all of their investments from income tax''

Unfortunately the yearly PEP/ISA limits have been nowhere near high enough for me, and as a consequence I have to pay a large amount of tax on income from UK stocks, which subsidises your overseas investments - An opinion has been made that your subsidy should not have been allowed.

Gray

''is tantamount to cutting off access.'

incorrect - did you not know that you can make investments outside of an ISA.

An opinion has been made that UK tax payers should not subsidise investments made in overseas markets

Gray

''cutting of our access to them is not the solution.''

I wasn't aware that anyone suggested not being able to purchase stocks listed on overseas markets, individually or via funds/trusts. The suggestion is that UK tax payers should not subsidise such investments

Flec

''UK stocks have fallen into deep value territory ''

sounds good to me

Average price now 20.6p

Opened at 42.703

now closed at 43.626

order in for 42.95

order at 41.95 cancelled

To the £2 level in the coming few weeks?

There is no shortage of scrap metal - the UK has so much scrap that it currently has to export it . An electric furnace can be switched on or off unlike a blast furnace burning coal continuously 24 hours a day.

And on per capita it would be way ahead of India (in 4th) and China (in 2nd)

Stp

The uk left the low paid siht jobs (cotton mills etc etc) for others to do.

The UK is more into the higher end of manufacturing along with a fantastic services industry.

The UK is the sixth largest economy in the world out of nearly 200 countries.

Not bad for a small island

Stp

''it is all very sad, the demise of manufacturing industry in the UK. ''

The value of manufacturing has increased jumping the UK from the 9th to 8th largest in the world.

Nom

another example of you showing how dumb you are following on from your dumb buyback remark.

Sc

''without attracting the wrath of the Chancellor and possibly triggering new levies and windfall taxes on the UK banking sector.''

what windfall?

SC

''The guarantee of subsequent large share buyback programmes are certainly not " set in stone " by the bank''

Lloyds have a policy of returning excess capital by way of buybacks and/or special dividends.

''especially in light of the latest motor finance scandal''

scandal, what scandal? .

''and the imminent earwigging by the Chancellor on the need for more restraint on dividends and the high level of share buybacks in favour of more lending to business and households.''

I think you may find that Lloyds will increase the dividend payment to be announced in less than 5 weeks time,and have a 2024 repurchase programme.

And minus Lloyds SB profits