Lloyds Banking Share Discussion Threads

[grahamite2] 07/1/2020 14:04

Neil Woodford and his chief executive Craig Newman received £13.8 million of dividends in 12 months leading up to the crisis that engulfed Woodford Investment Management, accounts for the business show.

Those dividends, revealed in filings lodged with Companies House today, were paid to Woodford Capital, owned by Woodford and his business partner Craig Newman. The 65% to 35% ownership split between the fund manager and his chief executive entitles Woodford to £9 million of the payout and Newman to £4.8 million. The payouts were generated by profits after tax of £16.3 million over the year to the end of March.

That comes on top of at least £60 million of dividends and distributions paid out over the four years to 2018, with Woodford entitled to nearly £40 million of that.

[psychochopper] 07/1/2020 13:54

Minerve, answer the question, you coward. Or can't you stand behind your words?

[utrickytrees] 07/1/2020 13:22

Not hate Roberto, just prejudice. xxx.

[minerve 2] 07/1/2020 13:21

psychochopper 7 Jan '20 - 13:17 - 288806 of 288806 (Filtered)

[psychochopper] 07/1/2020 13:17

Minerve 27 Jan '20 - 12:25 - 288793 of 288804

Wishing bad things on people isn't as bad as actually placing bad things on people - like Brexit.

-------

So, to be clear, you wish cancer on all Brexit (leave) voters? Including those earning low wages, for example, in the North East?

Would you say this in a public forum, or are you just another coward hiding among the electrons? That's what I would define as low-life.

[xxxxxy] 07/1/2020 12:53

KevinPosted January 7, 2020 at 6:50 am | Permalink"revisit old legislation that may be failing"If you have been elected on a platform to #GetBrexitDone, any and all legacy EU law that remains in our legal system should be made subject both to your power of amendment, and to exclusive interpretation by our courts. Decisions of the ECJ should not be applicable in the UK as a living source of law. Just as you would not ratify a treaty with the Vatican giving their court the authority to interpret Latin phrases in our legal system, so you should not ratify or endorse, for example:1) Art. 174(1) of the Withdrawal Agreement, or Clause 131 of the Political Declaration, both of which provide that, where a dispute (arising under the relevant agreement) raises a question of interpretation of provisions or concepts of EU law, the ECJ shall have jurisdiction to give a binding ruling; or,2) Art. 4(5) of the WA, which provides an (apparently one-sided) obligation that: "In the interpretation and application of this Agreement, the [UK's] judicial and administrative authorities shall have due regard to relevant case law of the [ECJ] handed down after the end of the transition period" (emphases added).

[coolhandfluke] 07/1/2020 12:53

I agree it's the bigger risk/reward business verses the penny-ante mortgage market.

[crossing_the_rubicon] 07/1/2020 12:52

@Freddie

You aren't anybody unless you regularly get several red downticks imo

:)

[bargainbob] 07/1/2020 12:51

Utrickytrees , been in employment all my life , though that does not suit your hate filled agenda.

[alphorn] 07/1/2020 12:44

Without leverage you can not make serious money. The flipside is the risk that is taken on board.

[crossing_the_rubicon] 07/1/2020 12:42

Fewer execs, lower expenses and far less spiviness in order yes.

:)

Wonder how much likes of Barclays, Deutsche, RBS lose on derivatives and other leveraged trading antics.

[coolhandfluke] 07/1/2020 12:40

Hi CTRI appreciate the low margin and competitive business they are in but they always make a few billion before exceptionals. This time there should be less exes. Don't you think?

[freddie01] 07/1/2020 12:38

Alphorn's the same. Upticks get up his nose as well. Always mentioning them.

[freddie01] 07/1/2020 12:37

robwt = 12 upticks.

Oh it doesn't stick out like a sore thumb does it!

As if Minerve cares about ADVFN upticks and downticks.

LOL

What a sad loser.

If it didn't bother you, you wouldn't have mentioned it.

[minerve 2] 07/1/2020 12:35

robwt = 12 upticks.

Oh it doesn't stick out like a sore thumb does it!

As if Minerve cares about ADVFN upticks and downticks.

LOL

What a sad loser.

[crossing_the_rubicon] 07/1/2020 12:29

@Cool,

With historical low interest rates banks are struggling to make money apparently.
Deposits 0-0.75% versus Mortgages 2.75-3.75%

If they cant make money borrowing at 0.5% odd and lending at 3.25% then they deserve to fail. They make even more on "loans" than mortgages I'd wager.

It's the spiviness that costs most of the banking sector.

[minerve 2] 07/1/2020 12:29

Poikka

Notice it was a quote. Perhaps you would want be to put '(sic)' there? :)

[poikka] 07/1/2020 12:27

Come on guys, enough vitriol

[poikka] 07/1/2020 12:26

Ahem, "no-one" :) :)