The sales in Canada and France should be completed in the first part of 2024 which most likely will result in a sizeable return of capital to shareholders.
Not sure that HFEL had much expose to Chinese property on the Covid downturn. They have a good amount in financials though. HFEL have been increasing their exposure to China after the lifting of strict Covid measures, hoping to capture stock before the Chinese economy is back in full swing again.
UBS have made a good purchase amount of Lloyds shares in only one day of the last 12 trading days with 9 of them having not bought a single share. The share price hs risen in that period
''Lloyds are the only people buying these shares. If they stop, the SP tanks. Simple as.''
you are obviously clueless regarding the share repurchase programme.
UBS have made a good purchase amount of Lloyds shares in the last 12 trading days with 9 of them having not bought a single share. The share price hs risen in that period.
UBS are a minority purchaser of shares in the market , having an imposed percentage limit.
The market determines the value of LBG , with or without a minority purchaser.
Capital generation is an unknown for the future. Excess CET1 as far as I can see amounted to about Β£3 Billion at the half year results date based on your posted 13% target, but as far as I remember the target is 13.5% making it nearer to about Β£2.25 Billion.
As I said, all you need to know (or any investor) is if profitability is maintained and share numbers are reduced each year then the dividend will be progressed each year.
Personally I am not interested in how much 'excess' capital that lloyds holds at any given time - I am content to see and wait what they are able to continue to deliver regarding increased dividend amounts and share repurchase investments.
''kick out anyone who shouldn't be here, like anyone who's come across the channel in a dingy. ''
Therein highlights the mistake of letting them land. The UK has in law the right to protect our boarders. In the case of these Dinghies that would mean the right to stop them entering English waters and be pushed back to France.
The other mistake is paying France ever increasing amounts of money only for them to let the situation worsen and because of that, being a reason for yet more money extraction.