Member Info for longtimeinvestor

Suf

''deleted 10 Billion shares since 2018''

currently 11,667,203,998 have been bought back for cancellation

MP

''now tell me what value is being added.''

buybacks have added about 7p per share currently compared to what the share price would be otherwise based on the current market cap.

MP

''2018 buybacks were happening at an average of 67.25p ''

NO. the average of that smaller buyback was 63p

4.25 - 99.99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999 % certain

4.3

99.99 % certain

4.35

60% certain

4.4

a 30% possibility

You could take a position via a company like ETORO if you opened an account

S123

they are on the Saudi stock market. Unless you live in Saudi Arabia the average individual investor will not be able to purchase shares

Argos resources

https://finance.yahoo.com/chart/ARG.L#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--

end of thread

If you had extrapolated funding figures obtained by revolut, to obtain a valuation, then they would have been valued at more than Natwest, Lloyds etc.a couple of years ago.

Revolut make hardly any profits whilst Lloyds makes £Billions of profits.

Falky

''Lti started the whole thing''

falky

2 Aug 2023 10:38

''Argos been bought @ 4pish a share''

Falky

stop posting nonsense on the Lloyds board, especially about a private company

Falky

''I post my trades live.....no one does on this forum''

???

is this your attempt at regaining any kind of credibility after a nonsense claim that ARG got bought for 4p per share.

Hard to fathom taking a position at this level when expecting 39.5

Falky

''what is JHI's share is worth.''

why are you posting a link from over 2 years ago

the worth of ARG on the market was about 0.5p per share before they de-listed

Rude?

i am giving the fact that ARG was trading at about 0.5p per share before coming off of the market

Falky

How dumb are you thinking that others may be so dumb to think that ARG got bought for 4p per share when the shares were trading at about 0.5p per share.

Do you think that Lloyds would be trading at 43p if about to be purchased at £3.50 per share.

Falky

''I am still admant about the 4p.''

JHI is a private company with GROSS assets of USD24,375,839 as at the end of 2022.

Argos would have given up its licence to JHI in return for about 6.5% of JHI.

6-5% of GROSS assets equates to about £1,243,665 - this equates to about 0.5p per ARG share

Falky

is this your attempt at regaining any kind of credibility after a nonsense claim that ARG got bought for 4p per share.

Hard to fathom taking a position at this level when expecting 39.5

Brix

you digress - there is no income involvement when crystallising a loss on the sale of shares

Dt

no, but stating a short term trade had been made a number of weeks ago and that they had been made often to get a 5% weekly return holds little weight when stating ''the mug punters wait months for peanuts'' does it?.

Brix

I am afraid that the taxman will not allow income that could have been earned on cash to be considered as an addition loss when calculating a realised loss on the sale of an asset for an aggregate CGT position.

GB

''I do this fairly often, a decent 5% return in a week''

really? - hadn't noticed your often posted trades at the time