Member Info for PSK

Victor I know you know I made a mistake with that post and put million instead of a billion but you obviously don't make mistakes. Victor can I ask how far you are under water currently? Seems like a lot

Gateboy I know that I am trying to point out that lower shares in issue the impact of a buyback is better.

Victor why don't you read my other posts I have stated billions!! You may have overlooked those as your obviously trying to be intelligent not

Buyback performance just look at the impact!!

Victor your so funny!! Don't moan when lloyds does not move in line with other banks.

Old money yes but that was then and this is now. Not good for long term holders obviously but new investors its a good one to be invested in

I now base my decision on how many shares a company has in issue and 70 billion is ridiculous. I would invest in lloyds again if they can reduce it to barclays or nwg levels.

Over 600 million shares to issue I don't think anyone invested wants to see that amount of shares hitting the market

New investors looking to invest in a company will look at the number of shares in issue, and lloyds has 3-4 times more than Barclays, Nwg. I was invested in lloyds and its painful to watch it not move. Now look at barclays and Nwg they look like a much better investment due to shares in circulation, and they actually move on buy backs.

Share save scheme will cancel out this buy back out and it will be at 70 billion again.
Higher share price with less shares and the share save scheme will generate less new shares.

A 3 for 1 or a 4 for 1 would lower the shares in circulation to 17-22 million buy backs then will atleast have some impact on the share price

Lame horse has way to many shares in issue for a buy back to make any difference.
They also hand out shares that cancel out any buybacks

How do you know that nocheesecake?

With the way the DOW has recovered its very likely.
3 days next week closed Thursday & Friday

NWG is only 13% away from a 52 week high where as barclays is 30% I can see this moving at a descent rate whilst the buyback is in play. Looking for £2.20-£2.30 in the next couple of months

Ask CW he's the expert

Done CW wish you the best

That was meant for CHaigh1

cw1966
You have the investors amd then you the people shorting the stock, do really think they will get on lol.

Great close 86.44