Member Info for Wenglishboy

Let’s not forget positive results in recent few years.

Has nothing to do with how much the company is actually worth. Market value on Lloyds is based purely on sentiment.

2008 banking crisis and Brexit debate/decision etc SP IN 60s/70s

2021 COVID almost done, Brexit past tense, Banking Crisis no longer SP 40s.

Divis will have absolutely no effect on SP and neither will buybacks.

My preference get rid of the excess for when sentiment returns.

@lucky.... let’s face it none of us could do worse than the last chap that everyone is patting on the back as he dances away with our money.

But surely with less shares available those who are trading 100s and 10000s on a daily basis will loose out as the minute fractions of the daily SP movements will be affected. Slightly at first but with an aggressive and constant buyback policy the minute movements that are generating huge amounts of profit will cease. On the other hand I suppose the main reason for keeping ridiculous amounts of shares on the open market makes the company beyond reproach from let’s just say a big American bank. Would this necessarily be a bad thing for the company if a huge American or another bank came in and made a play for Lloyds because they managed to grab a prominent amount of shares?

@chrisW unprecedented times require unprecedented measures perhaps.( perhaps the pru and FCA or BOE could move the goalposts in the banks favour for once). That would be unprecedented in itself. I’m with you too @Rosewall I’m torn between what’s best to be honest, removal of shares from the market or a big divi payment. I do feel though that the only fair way to reward the long term investors here would be to remove them Asti would be so difficult to differentiate between the day traders and those that have invested on the long.

Would they not be allowed to remove in 1 hit? At a set price? As if they were an institutional investor coming in. It’s a similar scenario only they will be removing surplus. It might take a few hits I understand. Is there away where you can tell how many shares are in investors hands and how many are not just out of curiosity? I knew I was clutching at straws never claimed to be an expert just a novice.

Just noticed .... “large on”. :) that will either be the burbon or young speak for something I will leave to the imagination. ATB everyone.

Forgot to add have a good weekend all no matter what side of the fence you large on. ATB. Back to my burbon and movie.

We’ve finished in the blue this week and don’t like being negative especially on shares I own. No doubt we will come good one day, I just couldn’t resist a moan as is my right as a LTSH.

We are where we are and I just don’t want a repeat of the last few years. I would be pleased of an absolutely massive buyback which would surprise the markets with the £6 plus billion in one huge hit plus a good divi. This would spark huge interest in Lloyds and get the SP above the £ mark imho. Anybody 12 billion shares or so removed in one fail swoop plus 2.2 div.

Any special positive examples for shareholders outside of the employees scheme?

I never speculated at all. Firstly the subject heading of my original post was “ Let’s just wait to see the deeds” AND of the new chaps contract was the end of my sentence within the main message body of text. 2nd of all I was correct that AHO in relation to what I have been saying all day has indeed received a reward for getting the SP to 63p as stipulated by HMG on his initially taking the job.

It was not long after HMG set him the contractual target when they first collared him for the job.

I think it was 2019 he got his rewards if I remember correctly.

AHO got contractually obligated to achieve 63p. Which he did for a few weeks or so. He got paid his rewards. That is my layman terms of understanding. Bamboozle us with business acumen, but the be all and end all is you can’t polish a tur.... but you can certainly role it and encrust it diamonds.

“ Even after restrictions are lifted, Lloyds incoming chief executive Charlie Nunn must calibrate shareholder returns to the British public mood”

Back to what I was saying this morning. This is “the new norm”. Britain is pushing. “Public mood” really matters if your at the bottom of the pile, but if your somewhere near the top you can afford not to have a conscience.

Pathetic. How’s about giving us our money before you spnk it all away on rewards for the incompetent. £6bln and counting earning money on a daily basis since god knows how long means it’s already an assumptive figure. And over time we won’t know if we got all our dues or not for holding on to this sht show of a shire.

We are being taken for mugs.

4 months with no one at the helm. Perhaps we will see 83 sooner than I though.;). Aug 16. I will begin his obituary for when he leaves. He took over at a very difficult time COVID pandemic in full with the 3rd wave just around the corner he had to rob Peter to pay Paul...

It’s almost as if this was written by himself. He alone saved Lloyds well done AHO and goodbye.

Anyway this is all my opinion and I’m going to keep quiet now in the vain hope we finish in the blue for a Friday on a week that has brought us very good news and 1. Something rise all in all.

Have a great weekend all just popped in to have my two penath is all. Here’s to 83p by end of year.

I myself have a SIPP at work and have no complaints with how the staff have been rewarded at the lower levels i@ lloyds. The problem I have is with the rewards at the higher levels of the business. This share as been p!55 poor in performance and yet the rewards being paid out look like they have no relation to performance what so ever. I don’t think for one minute the staff deserve 0.75p a divi for what they have to put up with in these trying times. They deserve more. I work at a big British company. The unions told us to accept a pay rise on the basis that it would be highlighted in the media that we were being greedy. We were being inconsiderate of people who are facing hard times during this pandemic. So naturally understanding the dire situation some people were in we accepted the unions point of view. Not 4 months later it turns out some chap at the top is getting £2mil to retain his services. That chap is allowed to walk the streets with his head held high., yet the people at the bottom are the only ones allowed to have a conscience. That typifies British business and all that’s wrong with it. First to bail on the “we’re all in this together” mantra that they themselves force on you. No doubt in my mind that’s similar to what’s going on at Lloyds. Let’s all pat ourselves on the back. Imho.

So Lloyds bank wouldn’t of gone to the wall if we didn’t buy it’s shares back in 2008? And then when it felt it had to release a few billion more to secure even more capital to ensure its survival was not us shareholders propping it up? I agree once we buy shares we then take ownership of all the debt issues etc of the company. But to say us shareholders hold no value to the business is wrong. We knew the state of the business and put our money in a place to ensure its survival in the vain hope of reeling in at least some reward. High risk high reward until you realise the latter is for others except the shareholders.