Member Info for longtimeinvestor

Hfel

'' to ensure existing shareholders revenue is not diluted.''

GS/others

What is it that you do not understand from this

Hfel

'We are not buy and hold investors''

absolutely nothing wrong with that

Many investors simply buy and hold for an eternity.

Personally I am a frequent trader of shares - it has served me well

Gs

I had already read what he said carefully.

'' it is why I say it is close to an admission, not an admission.''

once again - nonsense.

Dividend washing is selling stock immediately after going xd.

New money coming in for new shares was being invested in existing holdings.

Issuance of new shares have been made when at a premium to NAV. The shares have been at a discount for quite a while now, so no topping up of holdings.

Dan

''i have never come accross anybody so anti u.k. in my life''

if you had read the Lloyds board for the last 7 years there would have been plenty of competition. Luckily the anti UK posts are now only a small fraction of what they once were.

Dividend washing is selling stock after going xd

Gs

'' uses funds from new issuance to invest in existing holdings.''

hfel

''the investment of monies received from share issuance is included in these turnover numbers. These are invested into existing positions with a focus on companies about to go ex dividend''

just as I said - new money invested for income - that is the point of HFEL.

21 Cents

Gs

'' this is close to an admission of what some will call dividend washing''

?, what nonsense.

New money coming in for new shares - it is an income fund - money is invested to get income.

Nothing to do with selling stock immediately after going xd.

Fakey

''My call of 39.5p in 2023 was achieved (many times so far)...DYOR''

Really?

https://www.lloydsbankinggroup.com/investors/shareholder-information/share-price/share-price-download.html

''IMHO, Sub 35p will be seen in 2023-2024....Wait & See''

This is a rollover from 22-23. Will it be 2024-2025 rollover next?

''He has not realised yet we all know he is clueless.''

The value of my portfolio suggests otherwise.

A little reminder of some BLB (dumber) classics -

''LTI,You talk more crap and believe your own crazy predictions even predicting a buy back''

''THE DIVI IS DEAD''

''YOU WERE INVESTING IN ISAs before they were even invented ''

‘’ Do the maths muppet, from 24p the SP is now a pathetic 43, how the Feeecckk do you make it 80% up lol lol lol

NOT ONLY A LIAR BUT THICK AS TUCK TOO.’’

Does he take a good photo

Gs

''"of no relevant use to Lloyds investors"''

but it is of use to those to whom it is aimed at.

Jcb

''I want jam today''

The jam is the progressive dividend - unlike with cash, cream on top is a possibility with capital appreciate. It is just that some investors expect jam with a massive dollop of cream in an unrealistic time frame

LS

''You was buying shares back with me in 2015 at 75p''

Time for your tablet .

I have never purchase LBG in the 70's.

I started on this site on 30th Oct 2016.

I was selling in 2015 in the 80's giving myself a very low average on the remaining shares.

I started to average up with purchases in the 60's and 50's with trades in between .

I continued with purchases below an average price of about 35p at the time, with very large purchases in the 20's when the pandemic hit along with massive SB's in the 20's.

SB's closed at very large profits along with subsequent sale of shares (last at about 53p).

giving myself a very low average once more. SB's recently have only been for fun £200 per point

Arm

''.My preference would be for the Lloyds share price to be above 60p and to remain higher for longer!!''

that would be fine for investors wanting to exit Lloyds asap to get their investments made at such a level back but for patient long term investors, being able to purchase £3 Billion worth of shares at 45p for the next 5 years would be an enormous benefit. It won't happen, but simply a dream scenario - there would be not much more than 30 Billion shares left..

Hu

I have already said that I emailed charlie nunn about additional top ups (but not their current policy).

With a crystal ball the 2023 programme would not have started in February, and with a crystal ball it may be better to have a £2.5 Billion programme in February rather than had an extra amount at half year - after all Fakey is calling under 35p soon

Hu

'' We could still have been buying back vast amounts of shares in the low 40's after the buyback announced at Februarys Final Results was completed.''

No one has a crystal ball which will give the share price at any given time throughout a 12 month period. It is logical to start a share repurchase programme asap after its announcement. The 2023 programme had a time limit until the end of the year, but finished way before, due to UBS decisions about the rate of purchase. If it had been spread out to a much longer time frame then with hindsight (always a good thing) then the average price paid would have been lower.

Currently Lloyds have the policy of giving extra returns with full year results. If another buyback amount could have been started at half year results, as I had suggested to Charlie Nunn in an email, the amount of purchases would have been limited, as permissions are for only for a maximum 10% of shares in issue in a 12 moth period . Nevertheless the flexibility to have the option to top up an existing programme would be good. At the current price and having the flexibility to top up , it would be a good idea to have the yearly resolution altered to allow up to 15% of shares in issue to be repurchased.

We have been informed that base rates will be higher for longer.

The reality is that this 'higher' is simply back to near historical levels.

My preference would be for the Lloyds share price to remain lower for longer .

Mid 40's would be fine for the next 5 years.

Next share repurchase programme now less than 4 months away.

Dam

''are destroying our capital''

NAV per share increased by about 70% from Jan 2006 to peak price.

Stock markets and the businesses on them go up and down in asset valuations.

Rup

''reason for rise last few days is that US and UK bond yields are falling and markets believe that we have hit the top of the interest rate cycle''

I am not sure that would account for about a current near 10% increase in share price today.

UK 10 year gilt is just back to what it was about a month ago, and the markets have known for quite a while that we are at or near the end of rate increases.

Vodafone has massive debts - only up about 1.5% so far.

Of course though, being able to get any new required refinancing at not ever higher rates is going to help companies with debt.

Hopefully SAGA can continue to reduce its debt pile.