Member Info for seen_it_done_it

Well, since the new shares are offered at a 33.3% premium. The dilution will be positive.

Trouble is that the market always ignores the positives and only concentrates on negatives. Just a tiny negative will send the SP down to hell. Fingers and toes crossed. Let's hope that there will be nothing nasty, which people don't like in tomorrow's results. GLA

OTB is up more than 17% after the results. If TUI will do the same tomorrow, then that would be fantastic! GLA

Come on TUI, please don't let us down....please, please, please.

Sold @797.2 for a quick small profit. Now, will wait for the next dip. Have a very good afternoon everyone.

It's on the turn now, but to create a spike, we need more buying.😁😁

Just bought a few back @775.49. Now I am waiting for a spike up or a dead cat bounce. Let's hope that there will be one, lol.

Property1, I was only joking mate, lol.

Well, after all these arguments, it does seem that nothing can make the SP going up, then why waste money on buy backs? Why not just keep them to strengthen the balance sheet instead, if not paying special dividend?

In fact there are many other companies doing share buy backs as well, but not many were successful in helping to push their SP up. Such as VODAFONE, they are doing share buy backs too, but its SP has never stop falling. It even touched 69p last week!

The only thing share buy backs can do is to save the dividend payments on those bought back and cancelled shares, which is about £200+million a year. But the buy backs cost £4b, that will take almost 20 years to get them back, lol.

Yes property1, you are correct this time. So, £0.0078=0.78p. 😂😂

....but, it does seem that the market was not impressed at all. So, the SP is still falling.

Yes, personally I prefer special dividend rather than buy back. As buy back not always working to bring the SP up. Well, in Lloyds case it's just wasting of money. Many £billion has been spent on buy backs and the SP has dropped to below 40p not so long ago!! If they were special dividend then the money would have gone into shareholders' pockets!

Good enough for me, because my break even is 508. I'll bail if it does get there, lol 😂😂

LS,

"The share price is down after how many millions of shares taken out of circulation most companies doing buybacks the share price goes up"

Well, because lloy has 64ish billions of shares. A few million less makes very little difference, lol.. 😂😂😂

Anyway, I added @9.99, bringing my break even down to 11.96. Now I have a better chance to get out alive, unhurt.

Perhaps not, if it falls back again tomorrow, hahahaha

Back to over 45p again, but still need almost 3 more p to break even(48.08p) yet, lol 🤣🤣

Property1, I think you got your decimal point wrong mate. It should be £0.0078, which is 0.78p, not 0.007p, but it's still very tiny amount though, hahaha

It was so close today but unable to hold on to the gain, what a shame, but still finished in blue, better than the general market anyway. Well, let's see what tomorrow will bring then. GLA

Bought @129 and got out @136 in the same day. Probably will drop to below £1.

Polio, do you have another account with the name Ria? Your posts look so similar to his/hers, lol.

I spoke too soon. It's pulling back now, lol.