Member Info for longtimeinvestor

Opened at 44.595

Suf

''I bought big at 63p thanks to Boris roaring victory in December 2019, I was foolishly expecting the share price to easily move into the 70p plus range ''

I made a sale at the same price in 2019.

You were not to know how Covid 19 that we knew about by December 2019, was going to have subsequently for the disruption to the worlds social and economic activity.

Stm

''Lloyds shares are down almost 30% since June 2018''

if posters are going to continue with these timelines to show how badly Lloyds have been for investors, then expect the same reply -

Lloyds shares are up 90% since September 2020 - excluding dividends

Investors choose their own individual timeline when it comes to purchases and sales

HU

where did Petrosaga mention from day of the purchase process?

The only person who mentioned from the day of the start of the purchase process was YOU.

The answer to his question is that they are being cancelled daily not at the end of the buyback programme (timeframe).

They are cancelled asap - when the treasury function receives them from UBS

Hu

''You can muddy the waters all you want''

you really are one of the most stupid people i have come across

''You said there is no time frame for share being cancelled''

there isn't - shares are not held in treasury.

there is a 2 day settlement period for the purchase process - any idiot should know that.

that is not the cancellation process. The cancellation is made asap, which means after UBS are able to transfer to the Lloyds treasury function . It will be the same day.

How many times before it sinks into your brain?

''after 2 working days''

who said that the shares are NOT cancelled 2 days after the process of purchasing shares?

I said the shares are cancelled asap. They cannot be cancelled before the seller has their money and therefore UBS are able to transfer.

It is straightforward for most to understand but you have great difficulty understanding my posts in relation to the post from pet.

stop digging, it is highly embarrassing.

you do the same thing over and over and over on different matters and you end with the same embarrassing result.

Petrosaga

''when are the shares cancelled? Are they being cancelled daily or will they all be cancelled at the end of the buy-back exercise?''

my answer was

''Pet

shares are being cancelled asap.''

easy enough for most to understand.

asap does not include before the seller of shares has received the proceeds for them.

Only fools would need that pointing out.

then after you butted in HU i gave a reply

''Hu

no timeframe - shares are not held in treasury''

this is in reference to ''or will they all be cancelled at the end of the buy-back exercise?''

from petrosaga.

to be cancelled at the end of buyback exercise would require the shares to be held in treasury (a timeframe).

So only fools (such as yourself hu would not comprehend.)

Hu

''Resorting to plagiarism''

you are so so desperate

HU

would you like to be made to look a fool all over again?

There is a 2 day settlement when shares are purchased, meaning that repurchased shares would not be on the books of UBS until then.

The no timeframe was in relation to a question of being held in treasury, to which I said that they do not hold shares in treasury so there no timeframe between UBS transferring the share toLloyds treasury function for account processing and cancellation. Lloyds would cancel the shares asap after they have had them transferred. An hour, two hours etc? but would be before end of the same day.

Carry on hu if you wish, you will only dig another hole.

Hu

I have said for a long time that the base rate should have been higher and sooner

Hu

''by most ''

who would the most be.

No one can read the minds of a small number of individuals, but people can read what Lloyds dividend policy is - under that policy the 2023 dividend will be increased, it is a question of by how much. My estimate based on policy but worries over the economy to be a conservative 2.7p

Hu

a bit more concrete than a guess.

Profitability is good.

They have a progressive dividend policy, which would come ahead of buybacks.

Buyback cancellation percentage in 2023 alone would have covered a lot of any increase from 2.4 to 2.7p per share

Https://uk.finance.yahoo.com/news/lloyds-best-ftse-100-dividend-144800581.html#:~:text=6.3%25%20dividend%20yield,3.1p%20in%202024%20too.

Hu

Yes i am assuming at least 2.7p.

I think you will find that there are plenty of forward dividend forecasters

S123

''re-rating once good interims announced? ''

How many good profit figures do you think the market needs

''Share price predictions??''

No.

The market decides - I purchase and sell at prices that the market decides on

S123

''if the BoD release 1p interim and the Uk stays afloat we should see a rerating after interims? sensible thoughts??''

Yes - dividend yield does not determine a share price. The market should already b pricing in a minimum 2023 payment of 2.7p (about 6%) which is a healthy yield.

Hu

''full year dividend for 2022 of 2.4p''

Investors will look at a forward yield . 2023 dividend yield currently should be 6% or more.

Pre Covid 19 lloyds was trading in the 60's, and thereby having a lower dividend yield on offer compared with currently.

In addition we are more than half way through a second consecutive £2 Billion buyback programme purchasing at a very low price levels

Yesterday.

Centrica breaking 120p to make another multi year high.

3i Group continues to move up

Many other stock increases with Lloyds breaking 45p.

May need further inflationary/economic worries for our UBS driver to pick up a lot more sub 45's.

Ukraine's anticipated offensive to come.

Bert

''Fed up of the intrusive adds now coming with LSE boards''

I haven't a problem - using adblock plus on chrome

Sk

''I see that BHP has reduced their dividend and this is a significant holding.''

Woodside energy was spun out of BHP

Tfe

Many like HU cannot handle the stress of a Lloyds share price going down