Member Info for Motbuck

Great finish ! Being above 50p at the end of the week does give great confidence that it is finally onwards and upwards!

Another of my good decisions, I ditched my small investment in Begbie's around a year ago for about 90p due to impatience despite common sense telling me it would increase...... :)

BLB - I'm sure the people who don't believe they are going to get benefit from holding the share at this price will have sold it ..... presumably like yourself? Wonder what price you sold at?

Yes Asp, with the level of profit expected this year on top of the CET1 level I will be extremely disappointed if there is not a special in addition to a return to a similar 3.36 level of regular divi with plenty of scope for growth in 2022..... whether it does come through may be a different matter of course!

Jat, that's what I thought in 2008.... :)

Remaining patient.......... as I have for around 12 years !!!!! :)

Probably a silly question, but how do they "keep the lid on".
Can't understand why demand isn't driving the price upwards with the promise of excess capital being released and 2m shares being taken off the market every day?

Looking like it's going to be a bit of a struggle to stay above 50 today which would be a great result to get that barrier out of the way for further momentum. Great results, disappointed there was no mention of direction on Divis , specials, buy backs etc beyond that there is an excess of capital. Planning early retirement next April so have a vested interest in positive news on the dividends... :)

Still seems to be a challenge to break through and hold above 49........ suspect it will be much more difficult to break through 50 and hold. Will no doubt need 3 or 4 attempts first.....

Really don't understand why anyone owning more than a few grands worth of shares wouldn't have them in an ISA. So easy to set up and operate online and keeping all gains tax free.

Very strange that the share price is staying so low even with the buyback progressing daily......?

Hi Zirp, I have been following Clipper for a while and they were close to £9 in early September and dropped to around £6.50 about a week ago. I assume the drop was linked to fuel and driver issues, but they are not massively involved in transport. They are in online retailing and returns services which seems to be continuing it's rapid growth with Clipper doing very well in the market. Not for dividend, but recovery in the share price over the next few months following a potentially short term blip. I may well of course be wrong, as I was when I sold most of mine at £7 originally thinking they had finished their run..... :)

Hi Falky, LGEN, Aviva and CLG all look good options to me to make good returns on cash within the next six months on current prices.....

The BOE were quite clear in their wording that it was postponed not cancelled, but I agree not really relevant now. I still live in hope of a special dividend to replace the missed dividend in addition to the current year dividend . Probably won't happen but no harm in hoping, the money is still there!

Postponed not cancelled was the wording ...... was a while ago now though....

About time this pushed on now, feels like it's stagnating a little when it needs real momentum to push on through the 50 mark

The theory of buybacks is good, but in my experience it never seems to provide a positive outcome for some reason (though of course you don't know what the price would have been without it) it always seems that the price is driven more by sentiment and fashion at the time rather than fundamentals. Difficult to see why the price has dropped again.

A bit mystified as to why this has headed down again ..... suppose it's a good buying opportunity?

Always a surprise with Lloyds.... when everything says it has to be a blue day it goes the opposite way.... :)

HU is right, we should certainly get 1.34p. However, we were getting 3.28p before Covid and looking at the results expectations for this year, the capital situation and the fact that the divi wasn't paid then, I will be very disappointed not to receive 3.28 as a minimum.....