Member Info for LuckyLuciano

Nato, Un, Europe, UK, and even Soviet Union.... All massive bulls@it made for the people to believe that there is a system and everything is under controll, to give a sense of security. In the end is a free for all out there, people make decision thinking that is all figured about and planned when at best they/we can just manage to make decision based on what we know here and right now, some time one second one minute is already a distant future...... Possibly the Chinese have the best political model on how to run a country, decentralised power in a dictatureship regime.

Very interesting listening to RTV too in these circumstances..

Yes Plato taking Kiev my be far fetched but considering that now all sanction are out and possibly Putin has noting more to lose, and depending how the remaining Ukrainian army will react going forward, is not to exclude that also Kiev will fall.

....just a word of advise. Is likely that Kiev will also fall in Russian hands, more volatility in the markets and banks will probably suffer further. If I was you I wouldn't buy any dips here

279 post today and counting....my excuses if don't follow that closely, this is worst than Facebook, not that I use that Cr@ppy web site anyway.
There are few people I like reading on here and I am sorry for today sp drop, although I did posted several times that the trade on expectation of rate rise and more profit for banks had ended weeks ago....
Congratulation with you lower average LTI I suppose you are holding for the fat dividends this share pays. Well done.

longtimeinvestor talking about crazy people, please remind me, are you invested in LLOY?

Not that I am sympathising with LLOY management or directors, as mentioned their policy to buy back shares when sp is high is at best a waste of capitals. If anything...today results and decision to give less dividend than market expected and buy back more shares than market expected is the reason of the share price drop. More soo than profit coming out slightly below forecasted...I suppose banking is not easy business operation and is likely that profit are missed or exceeded more often than not. Going forward with inflation due to keep rising even more, mainly because of energy prices and more disruptions, imv is uncertain if bank will thrive on high interest rates.....I have position my portfolio on Nickel and Oil and looking for a lower entry on TGA if that will happen, but 50% is cash awaiting for the bottom on semiconductors sector. There are starting to appear some great opportunity with recent events (unfortunately out of a very sad crises in Ukraine)

lol, even £1.20 is a typo....lololol
To hold till it reach £1.20, how long are you planning to live 1 million years?
ps
Sorry couldn't resist...

..have to say though sanctions from US on Nord Stream 2 AG, go beyond American interest and jurisdictions, who is then going to keep the Europeans warm in winter? US shale gas?

https://www.investing.com/news/stock-market-news/biden-says-us-to-impose-sanctions-on-company-building-russias-nord-stream-2-pipeline-2770465
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Just in case the Germans don't mean it..... now is getting interesting in the energy space.

Lloyd's Banking Group buying share back at today share price is good business compared to previous buy back purchase prices IMHO================================
and that is precisely what I mean, this is valid if one assume that the sp will be in a constant decline. With governments forced to keep interest rate low due to unsustainable debit, banks a doomed if they hope to make profit put of the financial mafia system. If you wonder why I call it financial mafia here is the explanation....Do you think is right for a government to issue debit at a particular rate of interest, (which have to be repaid by tax payers and most likely poor people stuck in a 9to5 job with no offshore accounts) for then the same governments lend money to some institutions, these days at almost no interest rate, and allow these same institutions (banks) to lend to the same people (poor) that are supposed to repay governments debit via taxes????
Some people on this board pointed finger and labelled left winger anyone that slightly sympathised with Putin, but if I look at the wider picture there is something bigger and deeper than Putin and circumstantial events.....going on, in the macro economic equation. I could go on and mentioning why the dollar is considered the world currency when it represent one of the most indebted countries in the world, but I suppose for some people is too difficult to grasp so many variables and make out one single thought.

MVarawa lol
I am not surprised looking at what the banking sector has become. It is a tricky thing trying to make a profit out of a shrinking capital, maybe this is how the concept of interest was created. I just wonder what is the meaning of share buy back, when the debits are bigger than tangible assets.

Maybe has been posted already and I am sure most of you know already that buy back shares is best done when company share price is at the lowest levels. In LLOY case this should have happened in spring 2020, not now that the sp is topping strong resistance level at 70ish. From a return on capital point of view LLOY BoD would have more than doubled shareholders and their money, had they done so.....indeed right now more dividend looks a better option than share buy back. I suppose this goes to show how useless are those seating in their comfy chairs at the helm of some banks...

On oil I liked Serica was hoping to average down for a mid/long hold but Russia yesterday ruined my plans...... Sanctions are a double edge sword more counter productive than not, as they further strengthen Putin support at home and favour the creation of new financial systems between China and Russia including crypto currency. Incidentally the recent oil and gas supply agreement between Russia and China was made in euros not dollars. Russians are notoriously good at chees game and with Ukraine if I was the west I would live it for it to boil out, any attempt to respond to Putin moves will inevitably have a loosing end. In time putin will realise that this move in Ukraine was not necessary and can only give him some headache.... After all he doesn't need to streghten his support at home considering that can always use his magic poison...

Surely he is pleasing the Arabs too by pushing energy prices higher and higher. The Arabs must be thinking, well in the past we bought all the dollars denominated debit with a promise of a return in interest, but since then interest rate have come down near zero, we might as well let the Russian do what they know best. Among all this geopolitical conundrum there is China, they won't like high energy prices but against Russia there is little they can do. At the winter Olympics they have recently renewed a long term energy supply agreement with Russia.....I wonder at what terms and if they new that Russia would have soon made this move. Now the US and Europe have become the laughing stock for the rest of the world, conflict of interest corruption and empty promises and words, will show the true colours of the so called democracies.

This tread is hilarious.............
So far what i get out of it is that Putin has officially recognises independence of Luhansk & Donetsk, because of shortage of leeks and cabbages. But because Russian people can't be bothered to pick up leeks and cabbages, they are thinking to go buy them from Tesco where are cheaper and also because longtimeinvestor is an investor. If this is going to happen then Putin will ask the Syrian and Israelis to go pick up leeks and cabbages and tell the Russian to f@ck off to Tesco.

I am devastated because here in Tenerife today is slightly cloudy, was planning trip at the beach with possible swim. To ad insult to injury my motorbike in London was leaning on one side against the front of my house wall, due to recent wind, I have asked a friend to straighten it back up.

Dooomed and yet an optimist...

Me I say Fleccy been able to price correctly sp movements in the past due to events is not easy task..... Good luck with that. I find that the best way to invest is been able to gauge market sentiments rather than fundamentals, if possibly you have both even better. What it seems happening with LLOY right now is sort of positive fundamentals but slowing positive sentiments. I suppose the market like to see the numbers coming out due to rate rise and this is still several months away, lots of things can happen b4 that. So yes probably 70p on the card if boe rise another 2% or more, but this is not going to happen any time soon considering ghe speed of the rate rise..... Imo they are taking their time hoping that inflation will peak by itself.

67Sam with all due respect and my apologies for not having checked facts correctly.....