Member Info for longtimeinvestor

Log

Only tracker mortgages are directly affected with base rate changes.

EU helping to fund Putin's war - not good

Manufacturing orders down 11.7%

Boy

''I've seen zero cut back in spending''

There is still a tight labour market and there has been high increases in wage settlements

Kk

there will not be a share count reduction target.

I would have thought that the BOD will keep purchasing shares for cancellation whilst profitability allows that and the market cap is well below NAV.

Current market cap is about £26.3 Billion

NAV about £50 Billion

Now looks like a 5 year high

Ant

''there are better alternatives''

good luck with your alternatives, and Goodbye

Mid closing price of 41.76p equates to a £26.5346 Billion market cap

how low a valuation can the market possibly put on Lloyds ?

Bert

''I read somewhere that Lloyds were buying shares back but keeping them on their books''

it was obviously a dream - Lloyds do not retain shares in treasury

Bert

I suggest you get a better understanding

12,379,829,989 shares have been cancelled by buyback programmes

Dal

''It is cheap but why does the market not want this share ?''

Not enough investors interested in over 13% returns being given to shareholders.

Bert

There is currently a total of 63,540,750,749 shares

2022 underlying profit before impairments £9 Billion

2023 half year underlying profit before impairments £4.7 Billion

Ls

what has recent quarterly figures got to do with whole year GDP

UK GDP 2021 +7.6%) and 2022 +4.1%

you will have to wait for 2023

Market cap currently at about £26.62 Billion

looks extremely cheap as measured against yearly underlying profitability

S123

I post my trades - did you not know?

last bought on 23rd June 2023 at about 42p cum dividend

S123

''Let us all know when your reduce your holdings LTI? Than you.''

Let us all know when you reduce your holdings LTI? Thank you.

right.

LTI

Sold 07 Jan 2022 14:52

some at about 52.75p

S123

I am afraid your wording needs clarifying

Ram

''we want the f//king share to rise not go down every f//ing day''

You are not speaking for everyone - I couldn't care less if the share price went a lot lower - I would ,despite already being overweight as a proportion of my portfolio, simply continue to make purchases.

Currently are able to afford total returns of 13% to shareholders at the current price.

If that is not good enough for anyone to make an investment, then I suggest that they look elsewhere or wait to see if an acceptable level of total return becomes available - 15, 18, 20% from lower share prices.