Member Info for Shabz83

I've no problem with buy backs btw. Rather the buy backs than a special div taking the money out the company to Fairweather holders, just come collect their money and run and then share price languish lower.

Lti, that's the point though you've got value from buy backs because you're about 3p better off, based on your earlier statement. I just don't think people consider it and assume we were 40p before buybacks yet we are still in the 40s without looking at the nuance and context of market condition.

The reason I say might though is it depends how they would have spent that buy back money to add value into the company. Buying other assets perhaps which could have grown profit and turn over etc. It's kind of an unknown scenario and all hypothetical.

Considering the mcap/ share price isn't static how can you say you've lost anything. Without the buybacks share price might be in the 30s. The macro isn't in our favour and as a bank we are over exposed to economic pressures. Simple fact is we are more profitable then we've been in a long time and given time share value will return. I'll just sit here and collect my div's and wait it out, if it drops further I might even add and average down some.

They didn't and it's even uncertain if there will be any redress pointed at Lloyds. Just fear for the sake of fear and even if it is hardly going to break the company and bring it to it's knees.

Why not, the car finance thing is overplayed. The range is 500m to 1bn in fines, most likely Lloyds has made enough profit to cover that range just no buy backs as they set provision aside to cover it. Unlike NatWest Lloyds didn't mention any expected loss to net margins. All the banks are down from their highs. Also who knows how the claims will be processed if it's a one off fine or a claim process like ppi.

Fairly recent article here on expected exposure - https://uk.finance.yahoo.com/news/lloyds-close-brothers-shares-drop-111807154.html#:~:text=Jefferies%20today%20reitereated%20that%20Lloyds,at%20the%20investment%20bank%20said.

Shame we've got to wait until may for an actual update and not march like people were first saying.

They assume guidance must have been met since no update. I'll take it

Superdry is a shame nice stuff but you're selling the brand and once it's not trendy/ cool anymore people move on. ASOS on the other hand I'd view more as a shop that might sell what you're looking for.. even though they might manufacture what they sell I think there a mental distinction... I'm wearing superdry.. oh I brought this of ASOS etc as long as we can keep supplying the generic fashion items people want to buy then we don't need to look at superdry as a cautionary tale different business model for each.

I do wonder if boo and ASOS held off TUs to allow mike to keep building up his stake. Probably not but I like a good tin foil hat moment

I wasn't talking thg specifically but more generally, if cost of shipping increases. Costs of goods generally will increase that are imported this way. Which is bad since we are talking inflation here and want cost of goods to stick where they are/ fall or increase by less that 2-3%. Thg share price will still flop around 60-70p if inflation shows signs of increasing.

Looks like they've just increased here too

Lux it's 12+ days there and I assume they would use the same route back so effect 24 days for that 1 vessel out of commission, compared to normal route. I'd rather not see $20k containers rear it's head again. Let's just hope they can sort things out before it becomes a bigger problem.

Theres the whole Suez canal issue which is a potential risk to increasing inflation. Through work we've seen the cost of air freight and containers increasing and it'll probably only get worse as everyone avoids using that route.

Imagine being lth from ipo not really bothered about price movements and looking today at the share price some 3 years later all Pikachu faced. I mean if you're invested in something you best be checking regularly how it's doing and pivot if needed no need to get married to a share.

Barclays clearly on drugs

Decent guess, hopefully more of the same tomorrow

Imagine if someone like Berkshire Hathaway came along, mm would have zero excuses to reject since they could afford without debt and most likely leave him in charge to run the show. I mean I doubt that would happen but one can dream.

Happy to just see us moving the right way and if we get 2-3 more updates like this we'll move up like RR did slow and steady on positive updates.

I guess we don't have to worry about a windfall tax then :D

If your current average is high enough to have an affect I guess so. If we drop below 30p I might consider it but I'd rather see us going upwards

Didn't he sell at a loss last time?