Member Info for longtimeinvestor

Ram

''this f//king piece of s//t is going no where soon''

That is what I am hoping whilst shareholders preference is for share repurchases. Of course if repurchases were abandoned , then all shareholders would like to see progression in the market value of Lloyds, supplemented with progressive dividends.

Hu

Todays decline has not been backed up with Volume though

Order in for 40.95

Hu

Got a 2024 share repurchase programme to consider

Dam

''Investors have been misled.''

No they haven't - I knew what I was buying

''They are led to believe that the fund produces a natural yield of 12%, including seme options income.''

Yes , correct- they are currently paying 6.1p per quarter which is about 12% based on the current price. Of course that will not be the case if underlying assets/market improve on asset values from the recent slump.

Lloyds bank are able to make double digit totals returns at the moment, due to the low market valuation.

''The managers churn the portfolio''

They have stated that they are not a buy and hold fund - I knew that before I purchased.

hfel

'' tend to change the portfolio when companies are fully valued, when circumstances change or when better opportunities present themselves''

btw - you are whinging about your HFEL investment decision.

Currently at 213p, so HFEL trading at a good discount

Gs

who said anything about 'care' ?

it is aimed at those who need to be kept informed - those making up lies when I quite clearly post my trades as I make them.

As I have said before - if you don't know, you don't know. This is Lloyds specific

I am not getting into repeated explanations

Gs

?

is was advice ''if they no longer like it''

No point keeping an investment you do not like - better to leave and find something more palatable

Gs

''You sound rattled''

really? simply giving the facts as usual

Gs

''I think you'll find no one on this bulletin board gives a sh*t about your average.''

who said anything about 'care' ?

it is aimed at those who need to be kept informed - those making up lies when I quite clearly post my trades as I make them.

As I have said before - if you don't know, you don't know. This is Lloyds specific

I am not getting into repeated explanations

Arm

''Lowest close price for Lloyds shares 2023''

Yahoo not the most accurate.

39.55 was reached for about 1 second

GS

you are getting rattled - cannot accept the clear facts.

''So in your own words, WHAT DO YOU NOT UNDERSTAND ABOUT THIS? ''

I understand that HFEL ARE AN INCOME FUND

''That is what he wrote''

and?

HFEL ARE AN INCOME FUND - monies from sale proceeds are invested to produce INCOME and not into a growth company paying Zero in dividends.

hfel

'' tend to change the portfolio when companies are fully valued, when circumstances change or when better opportunities present themselves''

If get very tiresome repeating -

Investors had a choice whether to invest or not - if they no longer like it, sell and fk off.

When i make an investment, I know what I am buying.

Gs

''Are you saying ALL the funds that are invested into stock about to go ex-dividend come from new issuance?''

Did I say that?

HFEL are an INCOME FUND

HFEL

''' tend to change the portfolio when companies are fully valued, when circumstances change or when better opportunities present themselves''

If you are not happy with hfel , sell and fk off. it is far more preferably than the endless whinging.

Gs

''Monies from new shares ''are invested into existing positions with a focus on companies about to go ex dividend TO ENSURE EXISTING SHAREHOLDERS REVENUE IS NOT DILUTED'''

what do you not understand from this?

Gs

''NO NEED TO MAKE STUFF UP.''

''So if stock is sold to invest in other shares that will soon go ex-dividend, and then sold again afterwards, rinse and repeat, what would you call that?''

THAT IS MAKING THINGS UP.

Hfel

'''' tend to change the portfolio when companies are fully valued, when circumstances change or when better opportunities present themselves''

what do you not understand from this?

Bott

''This will no doubt help the sale of new shares, but please explain how we benefit from the premium at which they are sold. ''

This is obvious and has been gone through already. HFEL issue shares at a premium when there is demand - End of.

People can go through as many figures as they like.

People can come up with as many conspiracy theories as they like.

People can make as many whinges as they like .

The bottom line is that investors have a choice whether or not to invest in HFEL.

If an investor for some reason after knowing the type of investment that has been made, is no longer happy with the investment, there is a sell button.

I tend to make investments knowing what the investment is

Gs

''Why do you have to be an obnoxious prat about everything?''

I am simply having to point out the facts, when people start to speculate.

I m going to have to do it again

''When referring to the turnover of already held stock (NOT new issue) he wrote: "We also top up holdings into ex-dividend dates to ensure maximum revenue generation"''

HFEL ARE AN INCOME FUND

''So if stock is sold to invest in other shares that will soon go ex-dividend, and then sold again afterwards, rinse and repeat, what would you call that?

As I said, it is close to an admission but is not an admission per se''

You are now simply making things up. . Who has stated selling stock in order to purchase others about to go xd?

Who has stated that stock is sold immediately after going xd? .

HFEL

'' tend to change the portfolio when companies are fully valued, when circumstances change or when better opportunities present themselves''

THAT IS WHEN THEY SELL AND BUY

Monies from new shares ''are invested into existing positions with a focus on companies about to go ex dividend TO ENSURE EXISTING SHAREHOLDERS REVENUE IS NOT DILUTED''

Dividend washing in selling stock immediately after going xd.

An active fund will seek out better investment opportunities when they arise, as has been stated by HFEL.

Stop the whinging

There are plenty of other investment trusts available.

Bott

''The matters which most concern me are the high turnover of the portfolio and the continuing issue of new shares. The former, which cannot be explained by the latter, needs more explanation''

I cannot believe that so called investors cannot understand the workings of a fund that they have invested in. How many times has the same thing have to be said.

HFEL is an income fund.

New shares that have been issued have been at a PREMIUM to NAV and so therefore of benefit to shareholders.

HFEL are NOT a buy and hold fund. They are active to achieve the objectives of the fund.

Simple enough for most to understand. If any investor doesn't like HFEL or as it appears have no understanding, there is a sell button.