Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Freeposter - Thanks for that. Must give missed it!
Anyone know how the buyback's going? There's been nothing on RNS since 30th November.
I expect the market to gradually wake up to the fact that Barclays now has a better CEO.
Excellent! 3p off a pint. Buy 150 pints, get one free!
Sold a few earlier on today. They appeared on the 'share trades' list as a buy. So not 100% correct, although I suppose errors will pretty much even out. Might make a difference if a six or seven figure trade is incorrect.
Disinform - of course it's fantasy, like most posts on here. Shares are worth what the market says they're worth. The trick is to identify where the market may be under or over valuing and get in or out appropriately. And never bet more than you afford to lose.
Lloyds divi is paid on Monday. The price has gone up so that those wishing to reinvest pay more. Barclays SP will do the same before their divi, payable next Friday.
10 years of sustained buy-backs and the share price could return to pre-2008 crash levels. We're still not yet back to pre-Brexit levels. Around 100% up on pandemic lows, but some way off the immediate 50-60p pre-pandemic range. As we're still in the pandemic, the current price seems about right. I expect a gradual move upwards as global pandemic news turns more positive. Better than expected Q3 figures, or new CEO saying something sensible, should supply a boost. But there's always the unforseen to drag the share price back down. I'm holding for the longer term.
LTI
Thanks for that.
Possibly, we'll never know. Would be good to see the current price increase a bit. 63p would nice, but I can't see any evidence to indicate this will arrive anytime soon. ATB.
Didn't Lloyds Shares used to be £6 or £7 before the 2008 crash. Paying £7000 for 1000 shares @ £7 would be just the same as paying £7000 for 15000 Shares @ 46.666p. They sold in 2007, they would now..
My thanks to those who answered my query. But why is the American share price based on x4 the British price? Is it some sort of share consolidation? I recognise there's no shareholder reward in consolidation, but it wouldn't be too bad an idea here. Currently, Lloyds issue about 10 Shares for every human on the planet. 70+billion shares is too many zeros. A 1 for 15 would put the share price at about £7. I'd be no better off, but it seems better.
Could anyone tell me why Lloyds trades c. $2.55 (£1.83) on the American market? Would be nice to buy here and sell there, but I guess this isn't possible.
Don 2003 - good to read a reasoned and reasonable post. Interesting that most interesting posts tend to come from those who post infrequently. The self obsessed, bee in the bonnet posts tend to come from those who already have several thousand posts under their belts. Some folk determine truth by frequently saying or hearing whatever it is they believe in. Wittgenstein thought this to be like buying a second copy of The Times to determine the truth of the headline in the first copy. I'm clinging to my Lloyds Shares (100k) for the long-term. I don't know how they will perform over the next few years. Share buying is a gamble, and I never gamble more than I can afford to lose. I hope to win this one. ATB.
Barclays 2020 results on the 18th Feb., Nat West on the 19th. Both should provide a reasonable indication of what Lloyds might be on the 24th. Can't see this SP doing much between now and the 18th Feb, unless significant news from somewhere has an impact.
LTI
Thanks for the advice, but I think you've missed my point. It's to work towards a situation where a political party feels it can offer a thought through return to the EU without destroying their credibility. I grant, it will take time. But I don't think it a waste of time working towards that goal. I'm retired, I have all the time in the world. It's for my children's and grandchildren's sakes.
LTI
It would be achieved by convincing people that the freedoms given up were not worth the freedoms gained by leaving. I doubt an argument would have any success with you, and I respect that. My children, on the other hand, don't need convincing. Many currently think as they do and I suspect more will come to think that way as time passes. We'll see. But however things work out, I hope Lloyds prosper. I'm holding.
LTI
'Just let go' of what? Surely you're not still banging on about the referendum. I let go of that, long ago. Too busy working on ways to get us back in the EU. It's called democracy. Get over it!
Managed to get a nice burgundy coloured wallet for my new passport.
Might be worth looking back at Winston Churchill's 1947/48 Congress speeches, where he talks approvingly of a United Europe and even a United States of Europe. The Socratic wisdom which peppers Churchill's speeches seems absent in Boris Johnson's nationalistic leanings.