Member Info for SUFCESSEX

QUOTE
''The cancelled shares to date will save £12,115,795.11 from the Final Dividend payment which goes ex-div on 6th April.''
UNQUOTE

Hopefully we reach £20,000,000.00 saved in dividend pay outs by 6th April

As they say every little helps .....

Looks like a big push today

Just think of all that Dividend money we saving :-)

Keep eating them unloved lloy shares Charlie boy

Same here

Not giving my holding away below 0.28p my original buy in Price.

It's only a small stake (£4000) anyway and happy to take these to the grave hopefully to ride this out to one better day.

We all know this company is worth alot more than 11 pence,. sadly we at the mercy of AIM market maker.

Going to church on Sunday and going to pray that Mr Patrick can pull a cat out the bag in the near future

I just don't like people ****ging of any of my investments, yes we are all disappointed and understand the frustration.

Keep the faith

Thanks

We can buy a few more houses there for the rental portfolio

At least we are been compensated with a May Dividend payment.

Share price can stay low while Lloyds has a buy back pot

This buy back out ways all previous buy backs for the value for our money

I remember British Gas bought back their shares when they was 300 to 400p range

Must of saved some bucks in Dividend payments to date with quantity been bought so far .

As soon as all the moaning gits sell up and move on, hopefully make all our life's better here

Actually you set a line in the sand , no way the Market Makers going to let anyone buy your shares below 11p

Safetrader

How much power do you have here mate

Your appear to have a big mouth on this chat IMHO

Peeps selling..lol

Love the thought of all the Dividend pay outs we saving.

Pips selling while I've been waiting since September for this dividend.

Still a few weeks to gobble a few more up

Hahahaha

Buy back going well Charlie Boy :-)

Since interest rate is rising Lloyd's share price has actually dropped

Maybe this is the reason, I will never make a trader

The market is saying a rise in interest rates is to bad news for Lloyds Banking Group and increase interest income is really not good news for boasting our profit margins

Hahahaha

On the flip of the coin , while we stay below 60p the buy backs are a Brucie Bonus medium term for us shareholders.

The market is allowing the Lloyd's to get value for its money IMHO

And Lloyd's Banking Group will pop back above 50p again tomorrow

Watch is space fellow Black Horse Investors ;-)

Hi Hardup

Maybe your next update , youcan include the dividend money we saved right up to 06/04/2020 ( ex-div date ) with our buy backs.

its not going to be shirt buttons

Thanks hardup for doing this its appreciated :-)

Personally happy with the buy back program to date...

Reading the market perfectly IMHO

We got all the time in the world.....

Looking more attractive by the day

Delisting of Russian stocks
Buy Backs
25% below it's NAV value
Interest rates rising
Loads of excess cash sitting on the balance sheet
Increasing Dividend payments going forward.

What's not to like fellow Black Horse Investors :-)

I feel Lloyds Banking Group is massively undervalued

Ok yes yes I hold shares here, but come on, any Interest rate rise is massive looking at our positive exposure to rate rises.

I feel todays Buy Back, really is going to benefit Lloyd's shareholders over the next few years in Annual profits AKA Dividend returns to its owners

Thanks Eureka1963 for the below

QUOTE

''Positive exposure to rate rises, although not primary driver of returns

+50bps Year 1 c.£375m Year 2 c.£525m Year 3 c.£800m
+25bps Year 1 c.£200m Year 2 c.£275m Year 3 c.£400m
-25bps Year 1 c.(£425m) Year 2 c.(£525m) Year 3 c.(£650m)
''
UNQUOTE

No point in hard buying on a rising share price

This buy back program is smart and reads the market .

Charlie boy looking in, must like how this buy back is going so far IMHO

Keep the faith and enjoy your weekend :-)

The recent uncertainty has really been a gift to our buy back program

6 month's ago I was predicting a buy back program in the 60s and 70s range.

I kid you not