The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
same old ,same old 21 posts today out of 82 very sad do you not have family or friends to engage with instead of anonymous posters on a share chat forum
thanks guys for your responses to my query , overall I still think I would prefer dividends in my account , although I do understand some need for buybacks , anyway got to go now GLA
Gate13boy
I agree their is some benefit to shareholder with buybacks , the benefit being a reduction in shares available , yet their is no direct financial benefit in regards as to money in the bank as with dividends , and the fact that a poster here recommends selling shares so as to gain the supposed 2.5p seems to be counter productive
I get the theory point , maybe thats what they mean by a progressive dividend outlook , they will keep buybacks going whilst increasing the dividend , we will see if thats the case ,
having read comments regarding the buybacks being worth 2.5 p to shareholders , and to realise the 2.5 value one needs to sell shares , surely that would mean shareholders are worse off as less shares means smaller dividend payment on the next dividend payout , I understand the reason to do buybacks due to the bonus and saye schemes lloyds have in place , but to significantly reduce shares in issue will take many years , so it begs the question , do lloyds banking group prefer the share price to be this low ? If so why ?
T64
glad you brought that subject up as I was wondering the same thing ,
I have never understood why they don't just hold some I treasury for the savers scheme
maybe their is some unknown benefit to LBG why they don't do it
fully expecting markets to drop tomorrow , probably a buying opportunity if you do not believe the war in Eastern Europe will escalate
machismo @20.03
you don't have to defend it , you can do whatever you want , but its clear the only reason none of you do defend it, is because you can't
if you know that why do you keep asking the same question , you call them children and morons , yet continue to request the same info from the people you call names to , so if you believe Brexit cannot be defended maybe the time has come to talk about other things which relate to Lloyds banking group ,
007
not sure Berkshire are near all time lows , my portfolio shows I am way up on them , in fact 79%
maybe the UK population should have had an opportunity to vote via a referendum to join the eu instead of the politicians doing what suits them as usual . useless bunch of ******s
lol
Epro attempted to bring up Brexit with one of his first posts this morning and I thought to myself when he got blanked and nobody replied that you had worked it out , alas I was wrong cos in the end you started to engage with him on the subject, if you refuse to engage with him on the subject you will deny him the oxygen to continue on this path , say him but of course it could be a her , not meaning to be critical I have also responded in the past , but I feel its a pointless convo now as the UK are out , its a done deal
someone recently posted that the tories are out of touch with the electorate in this country, I would like to point out that nearly all politicians in this country are out of touch with the electorate in this country , I refer you to the Labour Party , they lost so many seats in their heartland because they were so out of touch with their usual voters , none of the politicians are really here to serve the electorate , they are here to mainly serve themselves , how many times have they knocked at your door at voting time saying they'll do this or that once in power only to go back on the what they say .
As said before none are here for us and need to be trusted only as far as you can throw them , this applies to all politicians , sadly the pool of leaders of all parties is very poor , no one really stands out . GLA
LTI
yes I notice the sp has risen several pence , but how long for , what is the catalyst for the rise , is it the buybacks causing that , if so all well and good , it will be interesting to see if it continues or drops back once buybacks are finished , perhaps we will discuss it further in a few weeks
LTi
yes I understand about the share count but owning more of a company is only any good if the sp improves surely therefore increasing my wealth which I could top slice and have some extra cash in bank , yet true capital growth never seems to be prolonged and gets pulled back , reducing my wealth again , so for me dividends are a better way forward as once I have received them its my decision what I do with them , I have no influence on buybacks and overall I do not see or feel I am benefitting despite the implied comments from yourself and others
cookoo12620
I concur with much of what you say , money in the bank is what we want ,
I actually prefer dividends over buybacks cos I am getting something tangible in the bank
buyback benefits only last until the next crisis, or the mm's decide to pull the sp back for whatever reason they see fit
personally I cannot see any significant capital growth here until the bod continues to reduce the amount of shares in circulation , yes they issue new shares as bonuses etc , but if they buy back more shares than new ones issued it will eventually allow the price to rise imo but the amount of new shares issued would need to be far less than those bought back , dividend here is ok, better than the other uk banks
keltickilla
we should all continue to use cash as much as possible , we are sleep walking into a cashless society , once there , there will be total control over the population , with just a few clicks on a computer we will be manipulated and herded into whatever the powers to be want us to do , once high street banks are gone all will have to be done online ,another stepping stone to control , it will be our children and grand children that will bear the brunt of the control as I suspect it won't happen in the lifetime of many of the people who post here
lti
so in effect the unit price would be higher if the standing charges were/are lower , therefore the higher the standing charges the less option to reduce bill as that has to be paid whether or not energy is used , I think I would prefer higher unit cost and lower standing charge .
I believe Theosus is correct as I did in fact try to get a zero standing charge option 2 yers ago
lti
ok so ofgem set the price cap but not the standing charges so I guess thats the energy companies that set the charges and ofgem allow the rate to be passed on , still don't explain why they need to raise it so much and ofgem allowing it , as said before ofgem are basically in cahoots
I understand some of the reasons why energy prices may be higher , but I do not understand why the standing charges also went up so much too , do the meters and pipes and cables that carry energy suddenly become more expensive to maintain , my pipes meter and cables were installed over 30 years ago , not once has their been a problem in my area , it appears to be profiteering by the energy companies in cahoots with ofgem , if they reduced the standing charges and froze them for a limited time maybe we wouldn't have all these high bills dropping onto our mats each quarter