Member Info for Motbuck

I am regularly amazed by the inexplicable market responses to very positive results such as these. Am I right in thinking that there is likely to be a further £1b of buybacks shortly which were already announced?

67p for 2025 please.... HNY All

I am with Charles Stanley and they have just increased platform charges from £20 per month to £50 per month! Time to change......

Afternoon All, my platform provider has just increased my monthly fees by 150% without warning! AJ Bell charges look very competitive. I would be very interested in feedback from anyone who uses or has used them on how happy they are with their service?

Absolutely mystifying. This has dropped by much more than the other insurers based on what could hardly have been a stronger update? Suppose it's good for those reinvesting the dividend ...... and expecting a 5% increase in dividend for the coming year as well!

Think I must be the only person using Charles Stanley Direct? I have always found them very good and dividends are always in the account same morning and available to reinvest or move out to bank account. Surprising to hear the delays so many people seem to have at times with delays in receiving and using dividends?

I really don't understand what has happened with this share over the last week? Results pretty much as expected and dividend increase slightly below expectations with a big drop followed by big increase with no real new news??????

A little disappointed with the final dividend after such apparently strong results, but still looking good for the longer term. The tide appears to be turning for the financials and staying long term in my main 5 for the dividend incomes .

*Sorry, divi 3.2p not share price*!

LTI

i know that, and understand the benefits of buybacks at this share price level. However, the share price was due to be around 3.2p when the board stopped payments (wrongly in my view, LGEN for example continued payments) which is what I meant by expecting 4p+ by now. Water under the bridge now.

Maybe in 3-4 yrs if we are down to 50b shares with continuing profits we will have a much higher share price and divis rising to 6-7p ........ hope so as I took early retirement !

I have held what for me is a significant number of shares in Lloyds for approx 15-16 years now and it has been disastrous.

I bought and held in the difficult times on the expectation of a big improvement as the enlarged business was turned around and returned to profitability. Those years ago I didn't think it would be long before £1 a share was passed.

The bank is now healthy , secure and very profitable, yet still suffers a ridiculous valuation.

Perhaps I'll have to wait a while longer to see a return to a valuation of 12-14 times earnings that I believe it deserves.

In the meantime I'll just have to continue taking the slowly increasing dividend as not worth selling. On pre pandemic levels, I was also expecting dividends of 4p+ by now.

Despite strong results, nothing ever seems to work as expected with Lloyds

Maybe one day a £1,50-£2 share price and 7-8p dividend ....... :)

Seems crazy to drive UK pensions money out of the country…. Typical badly thought out tax changes for short term gain without understanding the implications….

Why not reverse the disastrous changes made by Brown to incentivise the pension companies to invest in the UK again ?

63p for me please!

I have great confidence that the new CEO will make a big difference here, expecting good progress over the next couple of years.

Why is that? Are you expecting less than £0.26?

I’m clearly a moron …….🤣

Take it you’re not much of a football fan then….???😀😀😀

My issue is that we were clearly told at the time that the divi was not cancelled , it was postponed. I was expecting it to be ring fenced and returned as a special divi the next year if crisis was averted (which was the case). In truth it has proven to be cancelled which is very disappointing due to the lack of integrity. To add insult to injury the divi returned at a much lower level than before the pandemic.

It will clearly not happen now and has been forgotten by LBG and we need to move on. However, the events of that time were extremely disappointing and poorly managed.

Does anyone know when the announcement on the interim dividend is expected? I am expecting 5.71p and assume it must be announced shortly. Hoping for a 5 % increase in divi this year.