Member Info for MPO818

Half decent result and this movers quickly to 550/600 range. CCL performing well on the back of strong booking and lower fuel costs benefitting the whole industry, especially air lines and cruise ships.

SUFCESSEX

Well with your large holding you must be a wee bit upset at the fall in your capital value (about £78k) since February.

LTI is always banging on about the great (14%+) returns LLOY are giving - one day the reward will come, a bit like climate change I expect.

£500,000,000 (half of 1bn) divided by circa 62,000,000,000 shares (62bn)

answer just about 8/10th of 1p

Asperger1

So just shy of 9bn share bought back, a tad less than 12%.

Share price at close 28/2/2018 68.80p now about 44.50p a mere fall of 35% - not a great deal for LTH.

Will we ever see that 70p again???

6,7 or 8 CNA shares for each one of my JOG shares. The 18p,21p or 24p dividends would come in handy, but then so would the £9,£10.50 or £12 per share. Would still leave CNA with plenty of shares to cancel.

Centric is holding over 465m shares in treasury and continues its share buy back program.

Wouldn't take too many of those to acquire a 20% stake in GBA, or maybe they will just cancel them.

Audio email issued - covering what we already know.

The market has taken the Easy Jet results well with the shares gaining 4%, hopefully a positive for TUI.

The best Trap to Jog history report yet - Thanks DU

"I used to be very good at chess and Keir is my hero - I agree with everything he says and he's promised me the Chancellor's job if I stop being such a groupie. I'll have to concentrate on Amazon Angie instead - quite a feat leaving school with more children than GCSEs"

Brilliant.

Rodadar - you wrote

MPO818 at 14:15 my Target Price for JOG of £10 per share could easily be an underestimate…

This was an extract from Malcy's blog - clearly you don't (or should that be can't) read posts properly-so on ignore you go.

I will continue to patiently hold, what will be will be.

Longterminvestor

"Maybe some investors would be interested in the 14% total returns that Lloyds can afford."

Try explaining that to an investor who bought at the start of 2023 - They are losing circa 24% of their capital at the current share price, furthermore any investor who bought pre COVID (even allowing for dividends) is losing (if they sell) significantly more. You argument for LLOY being a good investment may carry some weight it the sp was to regain a level in the 60's, but that looks doubtful any time soon. LAST WORD ON THIS.

Longterminvestor

"without buybacks there would now be an additional 12,379,829,989 shares on the market."

and the the cost of the 12bn shares would be on the LLOD balance sheet - enhancing the market value of the company.

Your ffs attitude really does stink - buy backs only increase shareholder value if the sp rises. - I reiterate look at Centrica.

Longtimeinvestor you wrote:

"Lloyds has been steady in a low price range for a number of weeks, which if it continued would be excellent for the next buyback."

The latest completed buyback commenced at over 52p a share and ended in the low 40's and has remained there ever since. So what benefit is in that for shareholders. It is looking nailed on Labour will win the election. With no more room to tax the fossil fuel industry the next best industry to hit is probably the banks. Profits here will be excellent with the higher interest rates and mortgage holders crying poverty, and large buybacks will attract the politicians attention. The losers, well shareholders.

DU may have a grasp of any WFT implications from Serica's experience taking over Tailwind.

Https://www.investorschronicle.co.uk/ideas/2023/11/23/jersey-oil-s-latest-deal-is-transformational/

Really good to see Serica's final sentence of todays RNS with:

We congratulate Jersey Oil & Gas for having created and progressed the GBA project before recently transferring operatorship to NEO Energy. We look forward to working with them and NEO, including the latter's experienced and well-respected project team."

And DU has both in his portfolio, hope he is out celebrating having cleverly topped a week to two ago. Hopefully his thoughts will be here in the early hours of tomorrow - Haha.

This what Malcy had to say on 17th November:

I have always said that the value of JOG is significantly above current levels and as progress like this keeps happening that value realisation becomes more visible. The GBA project is of such scale that once it is fully underway my Target Price for JOG of £10 per share could easily be an underestimate…

ALBA continues to allow it's stake in GROC decline, it has no money to participate in the offering. No real positives to report here. SELL.