Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
you should listen to previous insider comments . going up soon .
told you ! licence imminent . this will fly (insider )
insider : new licence on the horizon . get in now .
will double back to old levels once this covid is over
hi ,
yes as a single shareholder i feel pretty powerless . seems that only when bigger stakeholders gang up that anything can be done . problems started when they took over HBOS ( thank you brown /blanks / daniels etc ) i believe Lloyds was one bank that would have survived the 2008 crisis & come out stronger in the light of others failing . despite all the counter arguments i cannot see the "strength " in a company that is closing branches left right & centre , has a share price that refuses to rise decently , has bosses who take their fat cat rewards whilst underpaying staff etc . the compensation problem is one that osario has ruled over & he has made errors .
the comments /views on this site obviously refer to share price ( mainly ) but it is the customer /small shareholder at the grass roots that suffers form this appalling service . the big companies/punters simply dip in & out buying or shorting as the share price fluctuates .
hi ,
I did say that I am a customer & shareholder in 4th paragraph ?
i was suggesting that i have no other bias ie. working for , family / friends linked etc .
whatever other arguments , it doesn't look good to employees if the boss takes big bonuses whilst pleading company poverty & pay/bonus cuts to staff .
how does this guy hold his position & get bonus of shares cashed in plus his excessive salary when the performance of "his" bank has been dismal if not atrocious over the past few years .
back in 2008 shares were £4 + they now hover around 58 - 70p & yet this is seen to be good ?
I read reports that employees will be getting a cut in their bonus … I have no link with Lloyds , other than a dissatisfied customer but this is classic fat cat osario reaping benefits when hard working staff suffer . the bank spends money on big adverts " by your side " is the slogan yet they are certainly NOT by my side having closed our local branch ( with lovely staff who deserved better ) : on the same day (!) I receive a letter saying my premier manager is leaving after 3 years ( I haven't seen or heard from him in that time ) with no replacement appointed . I still haven't heard who this is or whether they deem to contact me .
all in all , as a customer & shareholder , this stinks . get rid of osario .. he has overseen this dreadful period . (no doubt he will have another sickness leave anyway) & replace him ASAP with sensibly priced CEO
rant over … just typical greedy banker fat cat problem … they just don't get it do they .
believe me , this share will go back to previous levels & more .
this is purely my opinion ( having read the disclaimers below ! ) but often opinions count ?
buy now while cheaper .
why does horta-osorio still draw his 10 million salary ?
his vast experience ( so his CV says ) is doing b*gger all at present .
share price abysmal & closing branches left right & centre .
our local branch is closing : the bank's own demographic survey shows a high % of OAP's ( who now have their nearest banking 9 miles away ) .. the very people who need a LOCAL branch .
as an individual shareholder i feel powerless to upset the status quo . it cannot be necessary to pay such high salaries to the executives ( for eg. CEO of nationwide "only" gets 2.5 million not 10+ ) especially for such dismal performance .
why oh why is horta osorio paid so much when the bank share is disastrous & they are closing branches regularly ? all in favour of big money for big performance/profits but his " reign " has been a negative disaster . it cannot be necessary to pay these obscene salaries to top exec's when staff receive small pay rises .
the only reason i would say hold is for the dividend then ? get out .