Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"you are in need of a reality check - how is your understanding of buybacks going."
From what I am reading today (£13bn potential to those involved) there may not be room of large buybacks for a few years - hope I am wrong. Whatever next will crawl out of the woodwork.
Is for the regulator to say "no dividends to be paid and no share buybacks" retain the funds to settle the car loans issue. They did it during COVID and they can do it again. Just another PPI all over again. Then a Labour government waiting in the wings to tax what they consider to be "excessive profits" resulting from high interest rates - you couldn't make it up.
LTI has the belief that as his holding grows (in % terms) he will become richer, he seems to ignore the fact that since the start of the last share buy back (Feb 22) the share price has fallen nigh on 20% (52p to 42p) that is how bright the chap is.
I would like to see a lot less chat on here about the Helikon short.
If AFC deliver on what is expected together with the business plan outlined in the JV with Speedy the short will be (expensive) history, if they fail to deliver, well the short will be a winner.
Time will tell, it is all in AFC's hands - end of story.
I only have one person on filter - this is from the PANR BB.
Jamessimon threatened me with violence on here recently. I reported him to LSE and my local Police Internet crime enforcement team. They are investigating. Watch this space.
Brixton - you said
"i very much expect to buy Lloyds again for some unknown reason for 24p in 2026/7 "
I hope you were either very very drunk or joking when you wrote that comment.
Tell me was it JOG or CAPITA that u first bought in 2017? Have a good Christmas.
I'm not a great believer in averaging down as it's too often throwing good after bad but averaging up is different.
I bought in at 42.35p a couple of weeks ago and today doubled my holding.
Capita was the very first share I ever bought in 2017 and thankfully I got out before it crashed but at these prices it can only go one way.
Onwards and upwards. :)
"plus an increase in your percentage ownership of Lloyds bank."
WOW you are correct my % ownership has increased. BUT
if you multiply my number of shares by the closing price in each of 2021,2022 and 2023 = almost 0
my return has been the dividend not your imaginary 14% or whatever - as I said one day Rodney.
Have a good holiday.
Over on the SQZ board (now partnering with JOG and NEO) there is a post saying SQZ need future deals outside of the UK, like that achieved yesterday by HBR. For months SHELL has been considering delisting from the UK (move to US listing) to realise full potential for shareholders, no doubt a path that HBR will consider in due course. The UK Government needs to wake up to these moves, further investment in the UK oil industry appears unlikely and tax revenue will dwindle quickly - watch out banks and insurance companies.
Closing prices for LLOY
22/12/2021. 46.95p
22/12/2022. 46.10p
21/12/2023. 47.19p
I am not a trader, I am an investor and these have made no progress as the above shows. There is one poster spouting returns to shareholders of (from memory) 14%pa. My return = the dividend. One day this may come good, probably after a few more Easter's and Christmas's.
Seasons greetings to all.