Member Info for Winski

£3kpp........ £300k in Lloyds shares, either have a very big diversified share portfolio or big other things. I recall only a few months back the shares being around 23p....but that can't happen again.....can it?

not a good thing IMHO. Bit like insurance companies going into the estate agency markets in the early noughties, its not their business or area of expertise. buying 50,000 homes means 50,00 homes less available home for the general market.
Lloyds would be better concentrating on their so called areas of expertise, I read in the paper this morning over 30 Billion of funds under management have just hit the DOG fund list. The continued abuse of the customer is just staggering.

Perhaps the respective U.K. gov should have thought of this before closing girobank, or selling out of RBS…..it’s getting a bit tiresome watching how they keep wanting to dictate to public businesses how they should run their businesses and treat shareholders.

MTB….could be good advice to hold out, have had mixed results in the past on takeover shares, some shares stagnant for months only to drop and others benefited from a nice increase. I’m 50/50 at present whether o sell and paddle the canoe somewhere else. As PI’s we are just the fodder to these larger investors. Decision would be easier if other bidders, still nice result……just under 50% up over a few months….HAGWE

seems to have gone very quiet,I noted (RNS) a few big sales from institutional investors but not the normal chatter on bulletin boards when a bid comes in. it would be nice to see the result of the "material valuation increase". I originally bought these originally with a view to hold longer terms for growth and divs and to compliment and diversify my WJG holding (both doing nicely). Whilst nice to get a quick buck, unless they increase to 2.30 ish I 'd rather the deal didn't happen.

I wonder how many private investors will have been sold out of their positions.

I have bought and sold this trust several times over the years and made handsome profits, but selling it last year (at a profit) was my biggest mistake. When the market dropped due to the pandemic I felt I need to keep some cash and took it from a profitable trust with a view to buying back in……….the share price doubled…..ouch. Bought back in last Nov, seen it go up 30%, down 30%, up 20% and now down 20%. I’ll never sell again, well diversified portfolio; recently had some great stocks gone to market in AirBnB and Stripe.

Nice pickup since the end of Feb, share increase despite going xd and being a contrarian fund. Not stellar but divi has maintained throughout and there are buybacks. I think there is a bit to go on the share price rise, especially if the fund get a bit of traction from new investors. Some good buys today.

Wish I had read this be of advice 12 mths ago lol or maybe not lol.

I’m surprised the SP dropped back a little given the XD date is so close. A bit of press over the weekend and perhaps a rise next week.

All depends on the update Jan 19th I think....if good I think they will move up quite quickly to £2.25, at least that’s my target to sell a tranche, holding a few too many at present as taken the opportunity to average down. It’ll bring my long term average holding price to £1.55 ish, then fingers crossed they will look to restart the dividends.

And Lloyds pffff.

Radders probably had a thirty second meeting Kim Dong I'm Drippy Drakeford which was enough to convince him France even with Macaroon was a better bet.

The likes of Debenhams had buildings which could be sold and leased back, the PE could then rip the money via divs, not sure AA has those kind of assets, but they do have proven cash flow and a robust biz. Isn’t the issue here that previous PE loaded debt and debt repayments before re- floating.
After 3 years, fed up now, I need to move on, I was expecting the SP to trail the offer, I’ve had a sell order just below the 35p for over a week, this is a small loss for me but I draw the line at letting them have the shares at 7% below the proposed offer. Of course if someone steps in with a counter might be less fed up.

You want to be glad you don’t work for the insurance industry, fab buildings and history in every city.....first so much consolidation, followed by the city Big Bang, then de-mutualisation, guaranteed annuity scandal (especially equitable), endowment and pension mis-sales, zombie funds........bye bye way of life.....enter the PE investors

Good points. Thx

https://www.ft.com/content/3555c4a1-5a71-45a2-83a4-6edd81703d9c

Late to the party this morning, had a few too many last night, looks like someone undid my belt buckle but kept their hands in my pockets before they let my trousers dropped to the floor......
To break even I needed another 10% (38.85p) but there will be a lot of long term holders suffering.
What strikes me from the RNS is the BOD seem to be indicating they don’t think the debt is sustainable going forward, yet most on the BB (self included) felt the BOD could go alone and refinance if a low ball offer. The cash flow looked to support the debt and provide monies to pay down, more so with the div suspended. I feel as though there is something else I’m missing. Shame wasn’t another extension, the Covid news might of lifted another 10%...hey ho ho ho.

It’s still one of the key sub divisions at a time a lot of developers are capitalising. Part of the attraction to me is the diversification of income streams, the sum of the parts and all that.

The 64 million dollar question. When you have the answer let me know. I’m a holder for 3.5 years. In that time I lost the value of a small family car, in August I was able to break even but hung on for a deal only to find I was was back down to losing a small family car in sept :-) Today I’m only down the engine and two front wheels so not all bad. I’ve done the math and will break even with no profit of loss at 38.85p a share. But what to do, sell and keep the car or go for a Jag. Headache lol.gla