Member Info for RickEngland

It's world wide firm with third of the revenue generated in Russia. Just as easy to argue the USA operations are building American tanks.

The big issue here, is that the market was not supporting buying demand. There simply was not enough supply. This board is littered with posts saying they could not buy. Took me hours to finally get a trade (to average down).

So no way does the current price reflect buying demand.

I never trust my broker with the negotiation trades. Done me twice previously. Either live price or nothing. Still a good buy though long term.

I'm not getting sucked in on this climb "again". Shorters enjoying lunch and wine. I'll wait. Already down so nothing to loose waiting. War still raging. 68p again please.

Jolly; we're all miles down. The little people. Can't be hardly anyone here in the green on this. This is a business with 75k employees, were supporting all over the world. Its not like we can throw it in a bank for 8% return is it. How we going to beat inflation, no one offering me a 20% pay rise. We're here to try and survive, pay our bills.

Well I'm not paying 87. When there was no shares to buy from 68p - 80p tried for good half hour. This market is mugging over retail investors.

Come on traders, I just wanted to average down my loss. Give us a break. Let the little guys in.

It almost feels managed down to force a fste100 exit for a few months. Doesn't make any sense how demand didn't even dent the sp fall today. If true that's acceptable in the short term, the business is still solid. They run on usd's, if some of their payroll cost is rubles that's 64% of the cost a month ago 73/113 (rubel movement to usd). Commodity prices are climbing, and highly likely big orders to fill. Plus no news is good news from an RNS point of view. In any case I'm committed, so ride the storm out. Sp doesn't matter unless they need to raise money, but they don't.

Div 0.50 USD about 38p in gbp

Mmm.....bought on 9th March?

I've bought shares on Wednesday and settled on Friday. It's close call though for the div. If it was me I'd say Tuesday 8th to be sure.

Last topup buy from me. I'm done chasing this massively high dividend yielding share down. Waiting for div now. It's all getting insane even for my rock hard balls. Either it is the best investment I ever made, or a lesson learned.

The c.92m shares they bought back only cancels out the new shares the bank issued since May-21. Besides they haven't offically been cancelled those 92m shares yet.

Based on voting rights RNS since 31/10/19 to 28/02/22 lloyds issued 1,020,787,521 new shares.

A long way to go of course to complete the total £2bn in cash buy back of shares.

At this rate Evraz could buy the entire firm back with the total dividend cover. Google is showing 1.42. Typical I topped up at 1.64 just 10 mins ago.

On the plus side, wages are a lot cheaper now as the Russian ruble dives againr the US dollar.

Thing is damofarl the steel will still be produced, regardless who owns the asset. If we lost our asset if will make zero difference to lives saved or lost. Demand will always win... i.e. capitalism amd trade always wins regardless of political intentions. We're all paying for this conflict indirectly anyway, be it fuel prices, market share prices, food, energy. Try not to loose sight, that as international investors (so to speak) we are helping the "world" economy, and hope to be rewarded for that. Its not a bad thing. I'm not going to let the actions of "one" man, distroy the good we do to help world trade. Hang in there.

I was actually stunned at suggestions of offloading BP's Russian assets. I took that as a pinch of salt to sell morality to the masses. Politically that makes no sense, you don't get rid of a huge oil asset you contractually own which would weaken British supply and drive prices even higher, in an environment where oil supply is in huge demand. I cannot see that happening, certainly not in the short term.

Thanks swlc. I will hold the shares I own. Usually pretty strong in my convictions with investing, not swayed easily by media fear. That said some comments on here do start to chip away at resolve (normal I guess). The Ukrainians are holding out very well surprisingly, and Russia is having a problem fuelling its tanks on Ukraine land, probably the main reason the capital is quiet. Interesting if putin will now commit to air strikes instead. I'm gaining confidence that the russian military might not be the strength it thinks it is. Not to mention these forces need feeding over 100's of miles of terrain from home. This could be over sooner than we think. I doubt putin gambled on more than 5 day pray for surrender plan. War is a logistical nightmare.

The western political focus over sanctions is directed at Putin and his buddies NOT Russia. There has been a clear distinction on that point throughout all Western powers. They want to maintain a trading relationship with Russia, just hurt those close to the Kremlin. (The man, not the country is the problem) The media might be calling to close Swift, but as others have mentioned that won't help UK plc. There's probably alot of UK pension money tied up in London listed Russian firms, I'd be very surprised if a British government would want to hurt British tax payers. For instance we've paid stsnp duty buying these shares, that has to contractually account for something regarding our relationship with UK plc. I'm holding and looking forward to that dividend.

I don't do charity anymore. Why give money to help then labelled a white privileged bigot. Kind of sick of it to the max. Cancelled "all" my charity dd's 2 years ago their loss. Besides if I give to cancer research they will spend it on sin tax propaganda not in the lab.

Agreed helu. Need to add about 38.5p div to current share price too for anyone still buying towards 11th March 22.

Are them soldiers laying 4m apart? I kid you not, i was watching news yesterday, this person was upset thier building was damaged via bombing, and someone moaned they weren't wearing a covid mask for the interview. On the plus side looks like bbc are not really interested in covid anymore, there's new much better fear to sell. Was also laughing at parliament yesterday, was only couple of weeks ago they were all calling hardcore for Boris head, it was surreal how they were now all looking to Boris for some sense of direction and leadership. Couldn't make it up. Haha.