Member Info for longtimeinvestor

LS

''I was holding xxx amount of shares and today it's the same number of shares I'm holding''

Oh dear - didn't take advantage of low very low values then.

If you hold the same number of shares, your percentage ownership of Lloyds would still have increased despite not purchasing any more shares, due to the buybacks for cancellation..

Car

''If''

''If ''

''If you’d bought Landlord Lloyd’s 20 years ago, you’d now be sitting on a SP loss of 80%.

''Facts''

stop the meaningless nonsense.

If you want more meaningless nonsense then. if a 1 for 2 consolidation was made before the open tomorrow, there would be a 100% SP gain.

Facts - LBG market cap is currently greater than that of Lloyds TSB 20 years ago.

If you had bought LBG just under 3 years ago a capital increase in value of about 80% would have been achieved .

Stop the nonsense posts - an insult to intelligence for those with any intelligence, and for the rest they will remain in ignorant bliss.

NAV 216p

very rare for HFEL to trade at a discount , especially this amount.

At about 210.5p

At under 123p

MP

''what value has been added for shareholders.''

Why have we had the same question or similar asked at least a 100 times in recent times - do people not read and understand the answer every time it is given?.

The value to shareholders is within the aim of such a programme - to reduce share capital. Without the 2023 programme the share count would be getting on for 7% greater and about 18% greater combining the benefit of recent programmes . Future profits therefore will have allocated shareholder returns going to a fewer numbers of shares.

The market is current valuing Lloyds at £27 Billion. Based on that valuation, without the buyback programmes for cancellation in recent years the share price currently would be a lot less.

Could people STOP asking the same question, when as an investor they should know about the mechanics of a buyback for cancellation programme.

Current share count includes about 4.3 million shares that have been issued since half year

As at 31 July 2023, there were 162,988,564 ordinary shares in issue

£41,325,000 after fees/expenses

Total 2022 income including option writing of £43,571,000 with by far the greater amount coming in the 2nd half year.

JJ

''Where can we see the evidence of the option writing''

''Revenue

The income from investments fell 6.9% from the same period last year, while income from option writing increased by 24.2%''

https://www.londonstockexchange.com/news-article/HFEL/half-year-report/15926802

Jj

''2.16 is a bargain .''

£2.16 is just a reflection of the value of the underlying businesses that they have invested in. You can only have a view of 'bargain' if you believe that the underlying businesses are at a bargain level .

Jj

''2.16 is a bargain .''

JJ

''but not so confident of where hfel get their money from''

dividends and option writing

Fakey

''Have added more of L&G.''

On LGEN

17 Aug 2023 11:03

''Just done the last buy @ £ 2.20597'

Happy collecting the divi @9%.....NO MORE BUYING''

As I keep saying -------------

''total 12-14%''

excluding share price movements of course

Sim

'' Surely this is a good entry point''

That depends whether you think that forward prospective total 2024 returns to shareholders of about 12-14% is good enough

FN

''UK being the cheapest in the world then we should be asking why''

I am not bothered about 'why' - I just keep taking advantage of the fact.

Or I may decide to purchase at similar value or pay a bit more on impulse.

September is a good dividend month for me, with 14 dividend payments due.

FN

''Where has this gone so wrong?''

If I were a new investor, I would be thinking how lucky I am to be able to invest at such a good level, so 'gone wrong' wouldn't come into it.. I will be purchasing more Lloyds if I can get at a better value than my last purchase at 42p cum dividend.