Member Info for longtimeinvestor

At about 122p

NU

''To achieve a 4.25bn share buy back'''

99.99999999999999999 % certain

To achieve a 4.30bn share buy back''

over 90% certain

At a little over 237p

Centrica is still well undervalued on current profitability - share buybacks taking advantage of that.

Excellent

A few, bought at a much lower level - still have plenty left in the game

''Lloyds has also made further provision for impairments, although for the time being there has been no impactful increase in bad debts generally. Indeed, the group has been proactively contacting both individual and business customers offering some financial assistance in an effort to head off problems further down the road''

aligns with my ''I suspect that provisions would have been overstated at this stage based on their picture of how things stand. ''

I suspect that provisions would have been overstated at this stage based on their picture of how things stand. Always the better choice with the possibility of write backs in the future.

Dt

''However i notice you don't disagree''

You are having a bad day again.

I would not know the finer details of their mortgage book and business loans etc. on the balance sheet .Only a fool who hasn't a clue with such details, suggest that Lloyds risk management have completed got things wrong even though they know the finer details.

S19

''We should make bonus subject to share price.''

That may or may not already be a bit of the equation, but would be totally unfair or logical to solely base bonuses on a share price that the market determines.

My bonuses (shares and cash) at HSBC were based on personal performance and the profitability of HSBC. Profitability of Lloyds is the key for continued and increasing returns to shareholders.

Ram

You have just been given a 15% increase in income

DT

''Lloy have under estimated the impact of inflation''

I suggest you get in contact with them to impart your expertise and let them know where they have gone wrong

3B

''Is this creative accounting to keep sp down. ''

As i said, a good move to put aside monies as provisions

Detriment

Mtb

it is a very positive thing - no longer an endless amount of east Europeans popping over to undercut on salaries to the benefit of employers to the detrimant of UK citizens.

Why if there were so many returning does the eurozone have a tight labour market?

Dt

what has PPI got to do with current mortgage holders?

there is not 10 million unemployed that the known posters were saying would be the case on the UK leaving the EU.

We have a tight labour market - with that in mind and the fact that mortgage holders should prioritise their mortgage, hopefully the amount tucked away will not all be required.

The nominal value of property would have to decrease quite a bit along with property repossessions, for Lloyds not to be able to recover monies from mortgage holders defaulting.

I posted on here that I was hoping for increased provisions to suppress profitability a bit and thereby help with the buyback programme - good move by Lloyds

Chips

there is nothing wrong with having the opinion that weak shareholders have sold out - that has been the case for a while now, which is why the buyback programme has been able to purchase at attractive levels

In real terms property has probably fallen about 10% in the last about 12 months.

The nominal value of property would have to decrease quite a bit along with property repossessions, for Lloyds not to be able to recover monies from mortgage holders defaulting.

Dt

'i'f I recall the initial provisions lloy set aside for PPI''

and? what has that got to do with mortgage holders?

there is not 10 million unemployed that the known posters were saying would be the case on the UK leaving the EU.

We have a tight labour market - with that in mind and the fact that mortgage holders should prioritise their mortgage, hopefully the amount tucked away will not all be required.

Dt

why is the remark by chips clearly not justified?