Member Info for Nuwanda

I'm happy with LLOY. I regard my holding as a Marathon race and not a Sprint. I'm not going to panic at the mile marker or when it hits 'the wall'. I'm interested in the finish line, and so the up's and down's in the race (of which there are many) don't bother me, wih my personal investment strategy, I'm just focused on my own finish line, which is 3 years out, at least. In the meantime, I'll continue to collect dividends and let the market determine the price - there are so many variables.

All opinions are valid and depend on personal investment strategy and risk appetite. I wish everyone the best with their own strategy.

It's a Portfolio Play from which there will be wins and losses. Sadly, only the loses (of which there are few) make headlines.

Whilst some loans go bad, Lloyds does not have a bad loan book overall. That's they key thing. It also has has more than adeqaute provisions.

In spite of the share price, Lloyds is a very solid business and IMHO offers exceptional value for money as a long term hold.

It seems to have a thing about Mondays, as this also happened a couple of weeks ago, following a slight move up in price. It's either been recalibrated or had its talents reassigned, by a devious UBS employee with an access code, to join the Taylor Swifts Eras Tour queue and buy their 4 tickets.

To achieve a 4.25bn share buy back, the balance of shares need to be bought at an average of 50.600

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 47.325

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.448

My guess is that the final buy-back volume can be reasnably pedicted within 100m shares now.....

To achieve a 4.25bn share buy back, the balance of shares need to be bought at an average of 50.567

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 47.310

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.447

To achieve a 4.2bn share buy back, the balance of shares need to be bought at an average of 52.888

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 46.871

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.348

I fear windfall taxes may have uninteded consequnces, potentially creating more issues than they solve. Whilst logical, it was also arguably logical for some countries to put limits on the number of children a family could have to control population expansion. But that policy has ended up creating a bigger problem than the one it set out to solve.

My biggest issue is that our Governments (Tory or Labour) mostly have a 5 year plan to get re-elected, rather than a long term plan in the interest of the Coutry and it's people. Just my personal opinion.

To achieve a 4.2bn share buy back, the balance of shares need to be bought at an average of 52.334

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 46.692

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.304

To achieve a 4.2bn share buy back, the balance of shares need to be bought at an average of 51.998

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 46.592

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.290

To achieve a 4.0bn share buy back, the balance of shares need to be bought at an average of 67.295

To achieve a 4.2bn share buy back, the balance of shares need to be bought at an average of 51.890

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 46.561

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.287

A rather lackluster buying day today, as UBS takes a bit of a rest following some heavy activity. Also, some different outcomes to pass away the time :-

To achieve a 4.2bn share buy back, the balance of shares need to be bought at an average of 51.397

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 46.397

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.244

To achieve a 4.4bn share buy back, the balance of shares need to be bought at an average of 42.283

''Banks have questions to answer about how quickly interest rate rises are being passed to savers''

The only way to make extra margin (in percentage terms) is to increase the mark up (profit) on mortgages. Then with more money, traditional banks can pay more interest to savers. Do the Government want higher interest rates on mortages, so savers can have more money to spend?

Mortgage rates (variable/trackers) go up because the cost of money goes up. Fixed rates are covered by hedged funds bought at 2/5/10 year rates, at the time those deals were on offer.

Not that long ago, I was being charged NEGATIVE interest rates to hold Euros in my account, just to ensure that I spent it!

These 'excess profits' are also being well used, by LBG, to plug the pension fund deficit risk(s).

If HNMG tax buy-backs (it's not necessarily unreasonable), then more dividends would likley be paid, and those with shaes in ISA's would have more tax free cash to help give inflation a nice little nudge.

Everything is so interconnected. Like implementing population limits in some countries seemed like a great idea; until the unintended consequences came home to roost.

Whilst on a rant.... If I were Llloyds, at the half year I would pay a 'kind of' spceial dividend but 'disguise' it as the Covid Dividened (Sorry! I know that is a scratch not to be itched) being released to make it more palatable for the media.

And finally... VAT on Fuel Duty has to be the biggest con of the lot, a tax on a tax.

A new record buy back volume at todays knock down prices :) :-

To achieve a 4.1bn share buy back, the balance of shares need to be bought at an average of 57.268

To achieve a 4.2bn share buy back, the balance of shares need to be bought at an average of 51.219

To achieve a 4.3bn share buy back, the balance of shares need to be bought at an average of 46.326

Lloyds employee ShareSave not looking too hot ATM - unless they take the shares and hold them. Tank God there isn't a talent war in banking

S67

In short, yes (but):-

To achieve a 4.4bn share buy back, the balance of shares need to be bought at an average of 42.291 (but, today, we are currently back trading over that average - generally! lol)

To achive 4.3bn, then there is a 4p 'discount' on yesterdays closing price to the 46p average required, and a massive 18.7p 'discount' to the average required to cancel 4bn shares

UBS continue to buy at record levels, so their algorithum sees value. IMHO

"SP is on its way to the 20’s"

...and it will be back to the 40's. Double your money time whn it gets there. Yipeeeeeeee. I'll trust your research . Thank you wise man :)

DT - Agreed and point well made.

It's why I've bought and sold down those 10 years. I just don't panic on lows anymore. I have a core holding and then buy as they rise and sell when they dip (rarely at bottom or top - I'm not that good) - roughly an c8p/share profit to be had, and I never buy (or sell) less than 100k shares.

I nearly always play the long game on shares and look for patterns. I also don't have a major issue if they go 'pop'. It's a side hustle. I'm autistic and like the patterns on LLOY.

Glass half full here - The best is also yet to come ;)

The fndamentals are so good, yet the eccopolitical landacape so poor.

A solid long term hold that you put away and don't think about. If it's still in this range in four years time, that's when I'll start to think about worrying.

There is now a 17.701p gap between todays closing price and the avaerge to get to £4bn shares cancelled. I think the 4bn is in the bag (if it's not, there will be big profits to be had, as ther share price would be WELL ABOVE 61p

The way the algorithum is working a 4.2bn share cancellation isn't unfeasable, and would see the price above 50p

Someone somehwere in LBG is already figuring out the final accrual for the half year dividened, which they would have been doing monthly anyway; but now have a bit of headroom to easily go to 1p. IMHO