Member Info for longtimeinvestor

cas
''but holders here must accept that they are essentially investing in a FTSE tracker''

NO, I don't accept it.
How 99 other businesses are run with resulting profitability or lack of, has nothing to do with how LGEN is run.
There are businesses in the ftse 100 where their share price will outperform or under-perform the percentage movement in the index.
Lgen has gone up about 13% since my purchase on 13th June - the Ftse 100 has not.

The current average daily rate of purchases is double that of 2019

A1
''Here's an idea''
It is not an idea because there are potential many weeks left until it DOES END
and not a 1p per share left to spend.

I last purchased Centrica near the start of March 2020 at under 60p.
Didn't purchase at the very lows because I was concentrating more on other stocks. If I had purchased at the lows I may well be at break even now .
I of course have had good dividends from them in the past.

B
LBG was formed in 2009.

Before that we had Lloyds TSB, HBOS

B
''Centrica''

My worst share in my portfolio (I blame sufc) - but I am hopeful that it will come good at some time in the future - only need it to double in price.

B
''£6 a share some paid for Lloyds i believe''

No one has paid £6 a share since the formation of Lloyds banking group in 2009.

B
btw - as you may already know - there is no IHT to pay on most AIM shares if held for at least 2 years. Another big gamble to take if hoping to save a fortune in IHT for benefactors.

tfe
I am sure the Lloyds bod would have looked to see if there were investments around that could compare with the investment in Lloyds shares, which at the current price level and bank profitability can make a return of over 10%.
The UK with the stamp duty has not been on a level playing field with the likes of the USA and other countries. I believe Liz Truss is more in the camp of tax cuts.

''young fledgling companies''

yes, higher risk gambling. No tax on gambling

B
I think they are seen more in the class of gambling - there is no longer an additional tax to pay when placing a bet as there once was.

stamp duty on share purchases and on a main property purchase should be scrapped.Stamp duty should be payable at a minimum 10% for any property that is in addition.

The UK already has a 0.5% tax of course on share purchases

''looks like we could be camped at this level for a long time yet. ''

I would like to see the current investment programme to reach the 4.5 Billion share purchase level, so need it a little bit lower.

gb
if that is the case why are you missing a 'T' stupid

g13
''What little oil/gas Scotland owns will run out at some point.''

I believe half is in Shetland waters, and they most likely would prefer to be a crown dependency rather than part of a breakaway Scotland.

MB
A vote to leave the EU has already delivered all that I was voting for - that may be the case for many others as well.

MB
So much for your filter - just like some others - nonsense.

MB
I notice there has been no change in your rhetoric for many years now - all to no avail.
Time you got the f cuk over 2016, don't you think?

and stop wasting screen space .

MB
''48% voted remain
Which has now increased imo''

How dumb are you?
Just checked - the votes stated in 2016 are still the same - been no revision.

People glad that we are no longer in the EU has increased to 77% imo.
You idiot MB