Member Info for longtimeinvestor

New shares issued this year by Lloyds will be from relevant schemes that are due to be paid out in shares this year

flec
''They've allocated £446m for bonuses, so in real terms it reduces the share buyback amount to around £1.55 Billion. ''

Why is that?
Lloyds have allocated £446m for staff bonuses.

When I first joined Hong Kong Bank, every staff member got a 10% cash bonus at Christmas. In those days that fixed percentage was paid each year regardless of the performance of the bank. These days staff bonuses are more aligned to personal performance and that of the bank. Llyods staff bonuses will be paid in cash,shares or a mixture of both depending on their position/contract.

mam
''Be interesting to see the impact in an uptrend as previously the shares were predominantly being bought in a down trend.''

The impact would be fewer shares bought with £2 Billion compared with last year.

mam
A share buyback has little influence on the day to day share price levels.
There is constant exchange of shares throughout the day with prices that people are willing to purchase and sell at.
If Lloyds is to go higher in share price this year, it would have done so with or without a share repurchase programme. The same applies to a downtrend - a buyback wouldn't stop it.
The end result will be as last year, a number of shares removed from the market . The RNS to start off the buyback may well state that the sole aim is to reduce the share count.

MP
The average price paid in the buyback was about 44.4p, removing over 4.5 Billion shares from the market.

''I think this indicates no real value for shareholders,''

I think many would see value in purchasing shares well below book value and well under the current share price - strange comment

Brix
''90% invested ............unbelievably stupid''

Yes that is whet one or two others said back in May - you know sell in May and go away.
Luckily I took no notice and have reaped the rewards since

Brix
''if somebody claims to have 10 million quid in their portfolio''
Incorrect, I didn't specify a figure.''

''they also got 30 million quid in cash .''
incorrect- I have said several times I am 90% invested, 10% cash

'' Why tell us every trade & average on Lloyds''
For the benefit of J46 and others in the past and for other t wats in the future who may care to make up lies.

''when your in Barbados ! !''
Incorrect - I am in London

Any other incorrect statements you wish to make?

Brix
I know one of the first incorrect statement you made under your current ID -
you accused me of having got you banned.

Are you still saying that or would you prefer to apologise?

Brix
''if somebody claims to have 10 million quid in their portfolio''
Incorrect, I didn't specify a figure.''

''they also got 30 million quid in cash .''
incorrect- I have said several times I am 90% invested, 10% cash

'' Why tell us every trade & average on Lloyds''
For the benefit of J46 and others in the past and for other t wats in the future who may care to make up lies.

''when your in Barbados ! !''
Incorrect - I am in London

Any other incorrect statements you wish to make?

, they also got 30 million quid in cash . Why tell us every trade & average on Lloyds when your in Barbados ! !

Brix
''You've previously stated your the only white man in your road''
Incorrect

'' I suspect you live in your parents council house ''
Incorrect

'' claiming carers allowance for one of em .''
Incorrect

''You put a modest wedge of money in the market before it collapsed in 2008/9''
Incorrect

Brix, would you care to post any other incorrect statements?

I know one of the first incorrect statement you made under your current ID -
you accused me of having got you banned. It is only the moderators who can get rid of people when it is becomes clear to them that they have little choice, for the sake of their site.

67s
''None of those, just trying to heat a 1930's three bed terrace in a City to around 21/22 deg c.''

Are your neighbours relying on you to contribute towards heating their homes as well?. That would be the case if they are out a lot with the heating off whilst you are working from home.
Maybe try having the thermostat at 17 degrees and wear jumper and coat.

67s
''I hope they stay away for good this time''

As I said earlier, that was DCB who has had over a hundred id's but I must have missed ID's if there were any prior to the last 2 used this week and after the last one I know from about 18 months ago which was 'zero_sum '.
Most of his last 80+ ID's never lasted for much more tn a day and sometimes went through two or three ID's in a day. Maybe he thought it would be different after such a long gap.
Unfortunately for him the true DCB reveals himself with the same repeated nonsense and use of words. It is a shame that some get taken in by it.

MP
'' I would be interest to hear what impact the last LLOY share BB scheme had on the LLOY share price - if anyone has that info.''

The only relevant info is that the market cap of Lloyds today is X and without last years share repurchase programme there would currently be over 4.5 Billion shares on the market that would have been in the calculation for today's the market cap.

67s
I think it was DCB - who has had well over a hundred different ID.s and he did like to change the id slightly - he had his whac_a_mole series of IDs about half a dozen of those

E
if that is what makes you feel better

gt
''you spend 24/7 posting on here''

I don't - Today was results day, don't normally post in mornings.
Apart from that have had the return of a disruptor to deal with.

entry into HSBC could be from the front where lions are or via internal side entry from shopping area

E
I had the option of underground or DLR for final part of journey

E

I am not giving a job title - it would be a lot easier to find out who I am .
So do one

E
''Do remember the name of the pub in Broadgate Circle?''

No.
Been to many different pubs in the city, but most of time would have been Hamilton hall or the Lamb tavern in Leadenhall market

''Oh and remind me of the pub name just opposite HSBC in Canary Wharf''

No idea - I would have taken a walk to somewhere like the 'Nicholson;s pub' or further to the Ledger Buildings

What is it you do not understand?