Member Info for longtimeinvestor

Wood
''If Putin does go beyond Ukraine''

Lets hope that it stops in Ukraine by way of a prolonged resistance that would put pressure on Putin back in Russia - It is most likely that many of the population in Russia are opposed to Putin's warmongering . I am sure the Russian media propaganda is in full swing.

F
As I said the only comparison in share price with today's should be from when Lloyds banking group came into being in 2009.

F
and as for share purchases many years ago at lets say £4 in about 2002.
If anyone had a 1000 shares (£4000) , you seem to think that some wouldn't have the money 7 years later to purchase 1.34 shares for every 1 held at 37p per share (about £455)

F
I have no sympathy with anyone who scrapped together all they could from savings and other means (remortgage property, get out loans, maxed out on credit card etc) and put every single penny purchasing Lloyds for the first time in 2015 in the 80's.
Somehow you seem to think that this sort of person would be common place, who hasn't been able to save a few quid in the 5 years following ,to purchase any at lower levels.
Any sensible investor as I do with purchasing a companies stock for the first time, I put in a conservative amount, allowing for falls to top up.

F
I am afraid you or anyone else is way off track comparing an historic £6 share price with share prices that followed - it doesn't wash

J46
22 Feb 2022 21:49
‘’ Putin invading Ukraine will bring Lloy down to 28p .’’

11 Mar 2021 14:31
‘’should ensure we can pick Lloy up @ ~ 13p’’

F
''Forget the £6...... people who bought at 85p only 3 years ago,''

£6 very briefly many years ago when there was a little over 5 Billion shares and dividend payments 25-35p per year.
Lloyds hasn't been in the 80's since 2015

F
''Couldn't averged down cos he has no free cash''

In times before rights issues , Lloyds was paying up to about 35p per year in dividends.

J46
22 Feb 2022 21:49
‘’ Putin invading Ukraine will bring Lloy down to 28p .’’

11 Mar 2021 14:31
‘’should ensure we can pick Lloy up @ ~ 13p’’

LTI
26 Feb 2022 20:06
''Within your 'tread water' period, there have been opportunities.
I was selling (decreasing share holding) in the 80's in 2015 ''

https://www.lse.co.uk/profiles/longtimeinvestor/

F
People make the mistake of comparing up to date share prices with historical ones, when rights issues. share splits, consolidations could have taken place.
To compare relative values of a business, better to look at market capitalisation in a lot of cases -Lloyds being one of them

F
They could have sold their rights.
Unlikely that an ordinary investor would have been well off enough to purchase shares in the first but not have any money to purchase very cheap shares in a rights issue.

F
I was holding Halifax shares - from memory I think they reached about £10 a share.

Falk
Like me they had an opportunity to purchase in rights issues or to sell their rights.
It is the result of the 'rights' that we have so many shares in issue

Falk
''How many years are going to wait to see £6 again ??''

Don't be silly - the current Lloyds banking group has only existed since 2009

J46
You appear to be more bullish on Lloyds (28p) with a war tarting in Europe
than without one.

11 Mar 2021 14:31
‘’should ensure we can pick Lloy up @ ~ 13p’’

J46
After every stupid comment - (not surprising from a numbskull) you may get a response.

J46
22 Feb 2022 21:49
‘’ Putin invading Ukraine will bring Lloy down to 28p .’’

Lloyds currently just under 50p

mv
''tread water''

you have to look at the timing of your investment an realise the events that have taken place since then.
Within your 'tread water' period, there have been opportunities.
I was selling (decreasing share holding) in the 80's in 2015 and purchasing as low as below 24p in 2020, increasing shareholding on the way down.
I am once again (hopefully) in a decreasing phase, if there are continuing increases in share price.

mv
You have sell button.

I have been invested in Halifax/hbos/lloyds for nearly 25 years.
Each individual will have their own definition of long term - I would say 10 + years.
I hold stocks that I will be holding for the rest of my life including those already held for many years.

J46
and I did play that game - making a nice sum on SB's