Member Info for longtimeinvestor

Rd14

I do not believe that Charlie Nunn was responsible for these things.

Rd14

The share price rose about 20% within a number of months that Charlie became CEO, then Russia invaded and was at war with Ukraine - share price retreated as a result of this and it's knock on effects. The shares then went back up to about 20% above appointment date. Then we had the SVB and credit suisse collapses, once again affecting banking stocks.

The market is currently weighing up the possibilities of much higher base rates than some were expecting and the possibilities that may bring.

Rd14

''I believe in facts ''

''sp down down down everyday since he took over''

Ram

It is great isn't it - I wonder how many more shares have been repurchased today for a subsequent cancellation?

The lower the share price, the more shares that will disappear.

HU

''Who would seriously stay invested here if they thought the share price was still going to be 45p in 10 years time!''

Are you serious?

I would be over the moon Lloyds removing shares from the market for the next 10 years at 45p per share.

The dividend yield would be astronomical.

Unfortunately it won't happen - reducing the share count with same or increasing profitability eventually means a higher price per share

Pan

''Next year i still have 1000 shares earning 5.36%''

why would you still have a dividend yield of 5.36% next year ?

I think most at the current price are expecting 6% + THIS year

Pan

''only benefiting the board.''

complete nonsense - they benefit longer term shareholders.

What do you think the dividend yield would be if there were a further 10 years of cancelling 4 Billion shares per year at a cost of 45p per share.?

As I have said before, only hypothetical as the share price would not remain at 45p

Pan

''Not in my eyes''

Maybe you should open your eyes a bit more - that way you may learn what forms of return to shareholders there are.

Lloyds currently making double digit returns to shareholders.

Saga UP again

Centrica up - could be near a multi year closing high

Glaxo currently UP

UBS driver continuing to scoop up excellent investments for longer term shareholders .

''A share buyback (also known as a share repurchase) is a form of returning surplus capital held by a company to shareholders involving the purchase by a company of its own shares.''

''The Board’s current preference is to return surplus capital by way of a buyback programme given the amount of surplus capital, the normalisation of ordinary dividends and the flexibility that a buyback programme offers''

https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2021/q4/2021-lbg-fy-results-shareholder-faqs.pdf

Pan

What is it you do not comprehend from -

At the current prices they are able to make double digit returns to shareholders by way of dividends and purchases of Lloyds shares conducted by UBS on behalf of Lloyds shareholders.

AQ

On current profitability Lloyds are able to afford at least 4.5p per share in dividends, but they have a sustainable and progressive dividend policy. At the moment to help with the dividend policy the returns are being split between dividends and share repurchases. The forward 2023 it is thought should be at least 2.7p per share unless the BOD suddenly get the jitters as well.

Pan

''Absolute rubbish''

How do you come to that conclusion?

''and you know it.''

I wouldn't be posting it if not factual

AQ

The market determines the valuation of Lloyds. If an individual investor thinks that the market value does not represent the returns that Lloyds are able to make to shareholders, then they would consider purchasing the shares.

Nothing wrong with the market allowing individuals plenty of opportunity to come to that conclusion.

AQ

''Can I ask what exactly is the problem with Lloyds? ''

There is currently nothing wrong with Lloyds.

At the current prices they are able to make double digit returns to shareholders by way of dividends and purchases of Lloyds shares conducted by UBS on behalf of Lloyds shareholders.

The market is forward looking and will get the jitters if overthinking of worse case scenarios.

I made the point that after the SVB and Credit Suisse collapse that it may help to suppress the Lloyds share price for the benefit of the buyback. Now the jitters will be about the level that base rates may need to go to in order to suppress sticky underlying inflation, and the subsequent consequences.

Share price very steady in recent days - tomorrow we have the inflation figures, followed on Thursday with the response to them from the MPC

Sc

''running overweight on bonds.''

shorter term Gilts at highest coupon rates since the financial crash.

'' EEC''

EU

HU - are you patiently waiting?

AQ

''"If" there is a housing crash and people left, right and centre start defaulting on their mortgages - just how exposed is Lloyds? - This may seem a dumb question - obviously they are highly exposed but what I'm really asking is if 200,000 people default and ultimately have their houses re-possessed - do the mortage lenders necessarily lose money?? ''

Lloyds have a low LTV ratio - it would only be more recent purchasers of property that may find themselves with negative equity with a large decrease in property valuation.

Negative equity is not a problem if the mortgage is still paid. The UK currently has a tight labour mortgage. Lloyds would only lose out on any property that as a last resort had to be repossessed and sold at under the mortgage amount.

I personally am not concerned with the Lloyds mortgage book.

''With tighter rules following the last financial crises and larger equity required when borrowing from the banks how bad do things needs to get before the banks actually lose ''

No concern unless there was over a 30% slump in property values and at the same time a severe recession came about with many millions put out of work.

As I said the UK has a tight labour market currently

GS

'' But I don't like bullies.''

A complete lie if about me - bandwagon stuff

'' exhibits multiple narcissistic tendencies''

yet more bandwagon stuff - more complete nonsense/abuse

'' and treats other people with disdain''

I treat people all the same - fairly with factual responses, so more nonsense from you.

'Put simply, he is not a nice person.''

Incorrect a total lie

BANDWAGON keep rolling it seems

you simply cannot let it go when two responses from me in reply to your EEC vote post was not liked by yourself - says it all