Member Info for longtimeinvestor

Dt

''one does not have to go bankrupt''

are you having another brain malfunction today?

YOU started the thread ' Firms going BUST'

Https://startups.co.uk/news/101-new-businesses-every-hour/

More than 436,000 businesses were registered in the UK between January and June 2023, an increase of 8% from 2022.

Bj

''Buybacks are NOT a payday for shareholders! I've never received a penny for a buyback''

The value of the buybacks is within the share price at any given time. You are free to extract that value at any time you wish

Mh95

'' $3bn share buyback''

I cannot see why they could not start today (Wednesday) - note,that they have also yesterday cancelled all the shares that were in treasury .

Ct

From the horses (HFEL) mouth.

''on share issuance, we have increased the premium at which shares can be issued to ensure that existing shareholders benefit from the uplift of issuing new shares at a premium to net asset value. The increase in the size of the Company has the additional benefit of spreading the costs over a wider shareholder base. The proceeds derived from issuance are invested into existing shareholdings ''

Ct

''I worked in the broking community for 20+ years my friend; I suspect you are perhaps very naive''.

whoopee - that hasn't stopped you from being clueless - money raised from issuing new shares at a premium has been used for further purchases in the underlying assets.

Is still being offered by the market to trade at near 40p per share.

I made a purchase at under 40p last week - I would be more than happy to make more purchases on further weakness in price. I will never look a gift horse in the mouth.

Back at 588p the number of shares that i sold at over 650p on the3rd Oct

Ct

''You don't seem to understand the effect that has on the shares of a company.''

I know perfectly well the effect on HFEL - issuing shares at a premium is beneficial, but you appear to not understand that

Ct

''Are you questioning how the number of shares has grown? That's a fact.''

and?

'' Shares in issue have increased about 40%, while the book value has decreased about 7%. The share price has decreased by 47%.''

and?

were shareholders not aware of a falling share price?

are shareholders not aware of falling asset values of the underlying stocks?

'' when he says Lloyds will go sub 35p in the next 12 months ''

it is a rolling 12 months - the previous 12 expired a little while ago

Has the squeeze on your ballax started to hurt yet?

Order at 39.65 cancelled

order in at 39.45

Opened at 40.12

Good to see another 3 Billion share buyback

Good to see anothee 3 Billion share buyback

I believe that impairment charges had been front loaded in the first half.

Impairments in the first 9 months totals £881 million compared with £1,010 million in the same period last year.

Impairment total for 2019 (pre covid) was £1,291 million

Me

''They say the nim party is over ''

NIM was at 3.08%, slightly down on the previous 3 months, but comfortably above that of 12 months ago.

Lloyds is as cheap as chips used to be.

GB

''using shareholders money to buy back shares to increase EPS so they get the bonuses.''

You are completely and utterly clueless, as per usual.