Member Info for longtimeinvestor

to finish the financial year on.

Sold some Centrica - it may be at a multi year closing high today.

UBS driver still on the 4 Billion track

a few at over 110.5p that I had previously bought at about 59p.

still have plenty of shares left

GB
''it is a good idea to starve investors of a dividend in case larger investors have to pay tax.''

LBG forward yield most likely 5.5%+
Current FTSE 100 yield 3.63%

'' Looking at Lloyd's performance since 2007-2008''

Current LBG didn't exist in 07-08

pet
a low share price whilst Lloyds are conducting share repurchases is mainly disappointing to those investors who are not happy with the current total 10% + returns being made by Lloyds including a probable forward yield of 5.5% + and wish only to get out of Lloyds at a higher acceptable price, so that they can pursue an alternative investment that they see as better.
Some cannot bring themselves to sell out at below cost to switch to an alternative though.

It wouldn't bother me personally, how long the share price remained at a level well below NAV whilst Billions of shares are being repurchased and cancelled.

chips
A 1 for 15 consolation would make the share price about £7.20p and would therefore make you happy.

No more of this was £6 c rap

Ch
''Where would Lloyds Bank Share price be had it not taken over HBOS ?''

At the time of the offer Lloyds TSB had a market cap of about £16 Billion - TSB has since gone.
HBOS had a market cap of about £9.6 Billion and paid about £12 Billion to takeover HBOS.

Lloyds Banking Group currently has a market cap of about £32 Billion

A1
''then closes the 47.17p gap''

Lloyds current price 48.1p - 1.6p dividend - xd next week

The first Billion shares may well have been bought and cancelled during this week.

The cost of the first Billion will be comfortably below a quarter of the money allocated.

sb
I would be happy with a buyback at any level that would keep the share count level.

To reduce the share count, a price below NAV level.
Current Net assets of Lloyds is currently about £49 Billion
Market cap currently about £32 Billion

PM
''for a company that no longer wishes to expand or improve''

Are you an investor? - if so you should have known about investments made in recent years.
also there has been a great improvement with the pension deficit.

gu
''We factor in the inflation and the SP is in the real terms down on last year''

Are you saying that Lloyds are so much cheaper now - that is a choice for investors

gb
'' the mismanagement of corporate funds''

AGM - Thursday 18 May 2023 at 11am.
Resolution 25 - Authority to purchase ordinary shares

ffs do you people never give it a rest - respect a vote - the next one will be at the agm in May -
Resolution 25. Authority to purchase ordinary shares

As at 31 March 2023 204,633,439 Shares were held in treasury.

could be a good day for BP and SHELL

ftse currently showing up a little bit

flec
sorted, if read a different way - from the article -
''The return of value will see shareholders receive around 104p a share in cash and Verizon shares''

The very nearly 104p value was obviously the combined cash and share elements, which means that my spreadsheet has ha the correct adjustment made.

if i took an amount off of my vodafone costs relating to the 70% based on the 30% cash , then my vodafone average would now be about 30p per share.

I won't bother to alter my spreadsheet after nearly 10 years - I will stick to having a higher average showing.
I must have considered the vc proceeds an extra bonus and so didn't bother altering my vodafone spreadsheet by the proceeds amount - a mistake i think

flec
70% of the proceeds were vc shares apparently.

https://www.theguardian.com/business/2014/jan/28/vodafone-sell-verizon-51bn-cash-shares-bonanza#:~:text=Vodafone%20shareholders%20have%20voted%20almost,to%20investors%20in%20corporate%20history.

Flec
just checked - the cash element for vw was 104p per share. This multiplied by the amount of vodafone shares I had, was the amount I took off of my vodafone costs in my spreadsheet, so the vc shares were in addition. I have no spreadsheet for vc . I can only assume that the vc shares were sold immediately
buy i have no record. If that were the case then maybe my vodafone average price that is in my spreadsheet should be very much lower to take account of what i must have received for vc shares. shame i have no record.

flec
''You must have received a load of Verizon Communication shares when the deal went through then''

there must have been an instant sale option available to me if vc shares were involved as well.
My Vodafone spreadsheet shows an amount of money coming in and a share consolidation