Member Info for longtimeinvestor

Aris
''I knew you would want to have your say so I have lifted your embargo''

More B allox from you - embargo my ass

MB - The BIG sulk

2016 - GET OVER IT manchild

MB
''Europe can export into the UK, with little or no red tape ''

That would just highlight the red tape required by the EU then doesn't it - a hindrance to free trade.
2016 - GET OVER IT manchild

aris
''Twice on TV on the night of the vote he stated he thought Leave had lost ''

and? the market price said it - I was backing 'leave' right up to close of polls at about 20/1

''both say he had heard the outcome of a financial services exit poll before that and so had a good idea''

so NF new exit poll results before everyone else and whilst voting was taking place?- talking out your bum again

2016 - GET OVER IT manchild

flec
''just look for excuses to knock the price.''

I am not complaining with billions of shares being bought by Lloyds at knock down prices.
The more the market ''knock the price'' the better the opportunity for investors to purchase.
I like to look at the positives from a low share price while it lasts, as we don't know how long it will last.

tfe
just read your post

flec
'' You say they'll use buybacks to get there, but how long would that take if they're also issuing a Billion new shares a year for share incentive plans?''

'they will' ? a billion new shares issued each year - where did you get that nonsense from.

It would be a hope - a hope that they have the continued profitability to do so, but not at any price.
How much did Lloyds spend on PPI (£22 Billion?) and over what period of time?
Lloyds market cap currently about £30 Billion

flec
'' Surprised it took you until 01:10 to look it up, don't you ever sleep?''
didn't get back home until gone midnight - I have already posted here, I never go to bed before 1am.

tfe
''Example.''

Also STAN - share price 560p - only about 3 Billion shares - Beta 1.69

and BARC - share price about 150p - about 17 Billion shares - Beta 1.81

so Lloyds with a 43p share price and about 70 Billion shares the lowest 1 year volatility

HV
''Memories are short; wasn't it Marshall Wace- typical brexiteer business people hypocrites- who bet against us and their own country just two years ago.''

No short memory - what is the connection between being in the grip of a global pandemic and any view on the UK leaving the EU?
Short position peaked at the giddy heights of 0.61% in pre Covid 19 vaccine days, as I said-
I haven't been aware of any significant short position in Lloyds banking group since it was formed in 2009.

There are still a few childadults (like 5 year olds) that have had a near 6 year sulk.

GET OVER IT

B allox

flec
''do a 1 for 3 reverse split''

A consolidation is just a cosmetic exercise - it has zero benefit to a shareholder.
A reduction to 20 Billion shares by way of buybacks however would mean that a current shareholder keeping their shares would have a far larger percentage ownership of Lloyds.

flec , the amount of posts is dependant upon how many need responding too and what I am doing - not got much more spare time this evening, hopefully there won't be any more to respond to when i get back home, or tomorrow.

flec
''they need to get it down to arounf 20 Billion imo.''

YES - only about another 10 years of buybacks at the same market cap to get there.

20 Billion shares - market cap the same, £30 Billion - £1.50p per share

bum
Obviously hedge funds could target Lloyds at any time as with any company if they saw a prospect of making money by 'shorting' , but I would have thought it would be a brave thing to do at this moment in time.

bum
I haven't been aware/remember any significant short position in Lloyds banking group since it was formed in 2009

bum
I haven't been aware of any significant short position in Lloyds

s1

You would have to add all the ftse 100 companies valuations together to get close to Apple market cap.

Lloyds banking group is not a mid cap UK listed business - it is in about the top 20 most valuable businesses listed in the UK ftse 100

flec
''I just believe Lloyds share price would be more stable with less shares in issue.''

Number of shares in issue is irrelevant to volatility

flec
''What does that have to do with volatility?''

Nothing. that is what I said- price of a share does not determine volatility.