Member Info for TheFarEnd

Trying to work out the number of issued share reductions by a given sum is impossible not only by the SP variation over time spent but also, last time Lloyds refused to discuss and more importantly refused to disclose the charges incurred for conducting the buyback. They maybe Lloyds shares but it's not actually LBG selling them.
Just saying.

Hi Eric, each to his own, but no-one gets out at the top unless extremely lucky. Even after a positive decision here there are still many twists, turns and delays to come IMO.
I've also been involved here (on and off), for over a decade Eric as you probably know, but I believe the concession, if awarded, is just another milestone, albeit a very important one, to this marathon.

It's always good in my book to continually assess your holding in any company. Also I believe another misconception and that is. If you sell your holding you've somehow 'missed the boat' if the SP continues on an upward trend. There will be other opportunities no matter what your entry price. If you believe the SP in a company will rise and the current price is higher than you've previously sold at, that's not a reason to not invest.

Personally, being invested here I don't believe I'm supporting the project or Kurt. As I've said previously on here, it's only ever about the money and I'm sure that's true for Kurt. He may be passionate about what he does but he's been well rewarded, along with his fellow BoD. None more illustrated recently by the extension to his share options.
Good luck whenever you do Eric and that extends to all investors here.

If you are a regular reader of the Lloyds BB you will know that the so-called 1 Billion buyback and 1.99p divi has already been covered on here, a few times actually.
Untill an RNS is issued to inform all and sundry it's just press speculation.
If the source was from motley it would have been ridiculed, but it appears many more have been taken in by the MSM selling/ making news.
Some will believe everything they read.............. including me on occasions lol. But I did question this one.

Suzy, yes.

"Chatter amongst the Swedes is 5-6 SEK on the lead up to news in February.
That's ballpark 49GBX.

I believe it, does anyone else out there"
Timh.
Personally no, but if we're heading up towards that figure many over here will have a seriously reduced holding, and probably none.
Just saying.

Good to see you put inverted commas on "their" land ec46.
As we all know it's not 'their' land, I wonder what the outcome would be if the landowner refused access for reindeer.

Re: Norwegian Alta.
Yeah, after all their protests PAYJJ, the Supreme Court ruled in favour of the government in early 1982, at which point organized opposition to the power plant ceased, and construction of the Alta Hydroelectric Power Station was completed by 1987.

I think it's you!

Perhaps when he attended Wimbledon 'illegally' he may have attended some sort of shindig whilst over here, to thank the powers that be for his Knighthood.

I thought Kn and KS are joined limitedly at depth and was confirmed some years ago before Budge was onboard (good ol' CSP).
I have an illustration somewhere of the so-called 'whale' like model of Kn.
If I remember correctly Ks although potentially larger (length x width) than Kn, it is a totally different model and not so defined, with many interpolations throughout.
This was the comments at the time but obviously has had only a very limited drill program, can't remember the spacings.
I'm sure if anyone would care to look back at previous RNS they will find something to this effect.
Not that it will make any difference at this stage of this ongoing farce. :-))
Just saying.

"The market is expecting a buyback of circa £1billion"
It's not official as I said they want to make the news not report it.

I was under the impression that we already had shareholder approval for that sort of buyback anyway.
Oh well all will be revealed, in due time.

Apologies Chips but here's the link.

https://www.thisismoney.co.uk/money/markets/article-10405735/Lloyds-buy-1bn-shares.html

"Breaking News
Lloyds to buy back 1bn of its own"
Chips
Are you that desperate to post messages on here that you've taken it upon yourself to make the news, and not report it, just like the MSM?
If it's news where's the link?
As for "well done Charlie Boy" what exactly has he done, I thought he was still on his bike doing the rounds and learning the job. He hasn't got long to shape up before the finals, or perhaps he'll wait and say something at the AGM.

Plato, why should big banks lend money to energy companies to be paid back over a period of upto 10 years, even if the government will guarantee the loans?
If they want to help struggling families why can't the BoE provide the funds directly to the energy companies concerned.?
There's too much being asked of what is supposed to be the private sector, by the government to help out their social policies.
This is not the role of big banks (note, only big banks) to do the government's bidding for them.
So-called big banks have enough regulation, the energy suppliers should carry this through, as it is after all, for the benefit of their customers.
There's too much interference in anything where there are large private funds. Pension funds beware, you could be next.
We've (Lloyds) already had dividends delayed through government actions, while energy suppliers only reduced theirs.
Just saying.

You beat me to it Suzy, we've had various predictions of an SP on a positive decision anything between 20p and £ multiples and peeps are debating minute percentage points on a closing price.
The market is closed, not that it makes any difference, it's what you are quoted when you sell that matters.
Of all the sources mentioned the one that actually matters and is correct, is the London stock exchange, check it out............15.25p lol

Doomed to failure, use the banks again to support the whole country.
But it's from the BBC, so probably just made up to create some news

LONDON (Reuters) - Britain's government is considering plans to smooth a sharp rise in energy costs which is due to hit households in April, the BBC said.

Under a cost deferral mechanism, big banks would lend billions of pounds to energy companies, allowing them to spread the increase in gas bills over five or 10 years, the broadcaster reported.

Britain's finance ministry could play a role by guaranteeing the loans to the energy firms.

Government officials were also considering using the Bank of England, which provided emergency loans to businesses during the coronavirus pandemic, to provide upfront funding, the BBC said late on Friday, without citing its sources.

"If you have a relatively large investment here (like I have), then getting out on a big surge is going to be tricky. Not only on poor volumes, but the compounded problem of many people trying to do the same thing."
Correct Gambier, when there's a scramble for the exit, lots won't make it at the price they decided on.
Also BEM will want to profit from a positive decision at some point, that'll add to the mix.
Me, I'm still taking profit on the way up.
Just saying.

Just looked at my records, I also purchased Lloyds on the 22/09/2020.
I think that one was a no-brainer at the time.

hardup.
I can vouch for the the Shell element of Lti's post, also Saga, another good one about a year earlier.
How do I know?
Well I invested in the two above at the same time as we were both posting our trades at that time. You have to take things on here at face value sometimes.
Am I telling the truth? It's usually quite easy to spot the bul*$ h it on here, what have I got to gain from posting this?
Just saying.