Member Info for Motbuck

I have no real knowledge in the gold mining field but have been following this business for a number of years and greatly appreciate the great knowledge shared by a number of people on the site. My perception, which I'm sure is wrong is that in the not too distant future it is not beyond the realms of possibility that this business could be generating annual profits of 3-4bn per year with a market cap of 30-40bn? Clearly this is assuming smooth progress and a strong gold price, but it seems to be too good to be true? Thank you from a naive investor in this field.

Would it not make sense to pay the dividends quarterly in order to stabilise the share price and attract investors for the steady income?

Great results and very strange reaction , particularly with regard to the detailed explanation given earlier. Even more simplistically, why would there be such a huge buyback if there was any doubt whatsoever about dividend sustainability????

The drop on these and LGEN etc after they all seem to have had strong results makes no sense at all, but hopefully provides opportunity to buy more.Very hard to understand…..

This price drop makes no sense on the back of those results! Must be an opportunity….

112 for me please….

They cannot go on crippling the economy for months before every budget with endless tax rises and briefings and u turns whilst doing nothing to cut costs…it is endless chaos , I have never known a government run by the backbenches before. Let’s hope additional taxes on banks (and any other businesses profits) are avoided.

If they are in anyway serious about growth and investment does anyone think it’s possible that they may remove stamp duty on British shares and reinstate the tax incentive on dividends for pension companies to invest in British shares that were disastrously removed by Gordon Brown???

Very tempted to move out of bank shares further into insurers before Wednesday in case the crazy woman increases exceptional taxes on British banks. Difficult decision….

Clearly expectations of good news tomorrow!

And today???????

Anyone know why the big increase today….?

Thanks Chid, I have a number of other high dividend shares so not dependent on the banks for dividend income, but have held LLOY for so long expecting a much brighter future with increased price and returns that it was a big step to split the holding ...... :)

Hoping I'm not diluting my holding at the wrong time......

TH thanks for that. I am a very long term LLOY holder with a significant holding (for me). I also need dividend income as retired. As all banks have been doing well recently I decided to diversify and sell half my LLOY holding to go into NWG. (Barclays divis much lower). Found it difficult to identify differing prospects for the two, but hoping after all the pain I have been through over the years with Lloy I may be diluting my holding at just the wrong time. Time will tell....

Saw this as a long term investment but obviously disappointed to see value halved within about 3 months! Good to get better news this morning ....

I have shares in both as many others do on here….. would be interested in any informed views on which has the stronger prospects over the next couple of years .

It is so depressing how stupid we can be in this country these days with such stupid and crippling rulings. Buying a car has always been a competitive business where you negotiate the best offer you can get for the car/dealer of your choice. Then you take the finance deal /loan from whoever offers the best deal and you can afford. What is difficult about that? Why are judges involved? Absolute madness.......

Suspect that word is getting out....... hopefully

Am I realistic in my thoughts for Lloyds over the next 4-5 years? Reduction to 50 billion shares or less, share price of 1.25-1.50 and dividend of 6p plus …..