Member Info for Wenglishboy

Hi Eric, just so you know I Bob in and out here. In for the long expect a turnaround late 21 early to mid 22. That’s my position in for the tune of 10k, nothing else to say really. Will Bob back in when something happens hopefully positive as my research suggests but that’s entirely up to individual investors to make their own minds up on. ATB to all who are in here for the med to long. Can’t wait to involve myself further in discussions when what we all dream begins to become reality.

Council tax rises. Tv license rise. RPI rises in phone bills. Increase in energy bills. Higher unemployment on its way. $100 a barrel on its way. And many more negativeness. So all in all a very positive budget and the world we live in is actually a Coca Cola clouds with a Big Mac sun economy. You really do have to love all this nonsense,

I’m wondering if HMG etc, will hold the reins on this and it’s viability as they have done with us even after we bpaid back the debt,

That’s more money that has to be set aside for possible bad debt.

“Those who can afford to pay will help those that can’t”.

Rob the banks, Rob the investors, and reward those who have not been thrifty.

Agree. My question is why did lloy not announce a huge buyback at these bargain prices but was more than willing to at around 60p? Where’s the business acumen there? It’s almost as if those in control (I’m not talking about BOD here) don’t want to see this stock be in the position it should be in. Day Trade is the new shorts. IMHO.

Initially it sounds great then you realise HMG is propping up the housing market and putting our business at risk. Along comes the inevitability of a housing bubble collapse and very high unemployment, and HMG is back to bailing us out thanks to the position it put us in. The hold on control over the banks is never going to be relinquished by any government. It’s only a free market when it suits, My personal opinion is, if you can’t afford 10% you shouldn’t be allowed a loan. Houses being built everywhere throughout the UK and most struggling to sell except those new builds seem to be rolling out for fun. There are huge irregularities in the housing business that’s just waiting to be exposed. I do hope it’s not a case of reel them in with cheap money and rates only to increase in a few years as was in the USA less than 10yr ago. New building estates empty everywhere with unemployed squatters being the only residents of some. What USA does yesterday we tend to do today. Anyhow that’s my topic of discussion whilst waiting for the mighty Wales to teach those pesky English a lesson or two. In good ol union spirit ... “ Good Luck English people today”.

Tech sell off today,vas I stated in a earlier post not so long back. “This is one of the most realistic priced stocks out there”. Some stocks like the ITM green machine pipe dream was 23p around 2 year ago then went up to around £6 on hype and a new building now dropped to to around £4.90 just putting things into perspective here. Some people just get locked in on hype. This is still very much underestimated on realism let alone the pipe dream potential.

It’s a no brainer, if a business can see costs that can be cut then they should. Environmental, financial savings to be had, why would any business that is run correctly want to add costs now they can see the savings? The “new norm” that white collars so cleverly paraphrased is here to stay. They have made a rod for their own backs.

1 - 0 to Biden when it comes to starting wars. Markets down today.

Because ex divi date is hanging around, they want as many as they can to get the miserly .57 then they will either be caught holding them and talk it up to sell or they will be one of the lucky few to offload the fist seconds that pass after ex divi date. This share is full of leeches sucking the blood out of other leeches. Best to not get involved in this game. I’m in the position of ball s too deep and you’ve only lost when you’ve sold, that is why I can comment here to ward the weary away from the sharks. Hopefully my grandchildren’s children’s, children will see the heady days of 60p plus again but I some how doubt it. Buybacks should of increased 10 fold and divis forgotten about at these prices to have a positive for the LTH but lloy it seems is intent on keeping the sharks playing in its waters. Over supply and no demand.

Perhaps it’s because they are not the blood thirsty day traders or players that talk a load of 54ite trying to lull people with their actually not but are perceived to be “expert advice” into a certain direction which aids their play. Clambering over dead bodies to reach the top of the 54it heap. Morality in this forum and those that surround it is non existent. Small/New individual investors need to be warned that this forum only contains 2 people with a million identity’s. 1 who is honest in an opinion! And 999999 of them that are not,

Are we relying on HMG to build the foundation after they sold all the cement.

Nobody’s saying a holding..... it’s the influence on a particular business with decisions in a so called “Free Market” that they hold. Rolls Royce are just at the beginning stages of where Lloyds Bank was 13 years ago or so. If HMG and the likes were not that bothered about foreign money having a huge influence in the free market they would of allowed China to swallow up chunks of the aviation/banking sector like they let them with many other sectors. They also could of made it a harder decision for businesses to sell out 20 years ago with business retention incentives... oh I forgot we were part of the EU then and it was illegal then unless you were a socialist french and German economy, HMG have done nothing but sell the British public out in the last 50 years. And now...only now..,. they are fighting fire with fire by using back door communism to rule over the only now valued “free market” that they are close to loosing. I hope they all choke on, and reap what they have sewn personally.

I can complain and will. It is my right as a shareholder to do so. As soon as the long term holders start discussing the p!55 poor performance of their BOD on a realistic scale instead of the “ pump it and hope people buy it to rise it” scale, we will get this company to where it should be. We are shareholders and we are allowed our say on the direction of the business. Let’s just cut to the crap and stop reeling in the suckers with our nonsensical predictions and discuss the absolutely HUGE failings of this dismal company and make the changes that are required, namely the BOD. It’s way overdue we started holding them to account on contractual obligations for starters. We all know that AHO sweetener of the 63p target for a payout was a disgrace for this company, but nobody wants to own up or discuywhat went on their,

Yes all that money set aside for bad debt, and should it not be used it will be returned to the shareholders. Of course why did I not see this debate coming?

It reminds of the great PPI war chest that was built and any excess was to be returned to the shareholder conversation of the last 5 years.

How much of that have we seen and who adjudicated the accounts on them books.

Do your own research thank you very much, I don’t have to as I’ve lived and breathed this god awful share since before the great purge of 2008,

Something extremely wrong with your mathematical knowledge here.

Yes a better than expected loss of profits. Only lost 70% of our profits disappeared so the market today will have this SP finishing in the blue. 70p by NEVER. get a grip of yourselves kids.

30th November.....

Charlie said "I feel particularly lucky to be joining Lloyds Banking Group at this important time. Lloyds' history, exceptional people and leading position in the UK means it is uniquely placed to define the future of exceptional customer service in UK financial services. I look forward to building on the work of António and the team and their commitment to helping Britain prosper."

AND NOT THE SHAREHOLDERS...