Lloyds Banking Share Discussion Threads

[poikka] 21/2/2019 12:43

Re the Gang of 10, or however many there now are, how long before their little Independent Group realise that they're fundamentally at odds with each other, which is bound to happen or why would they have originally been in separate camps?

[ekuuleus] 21/2/2019 12:40

Rough numbers but 2.5% less shares in issue due to buyback. Obviously this is diluted by further director and employee share schemes. Given the buyback, you could a tribute the 5% increase in dividends in part to last year's buyback. Same going forward..

The buyback reduces this year's dividend but has a permanent long term effect on future dividends. The are also some fax advantages. Dividends are taxed as income and even in a shop some of the tax can no longer be reclaims. See internet for dividend tax swipe Gordon Brown did on pensions.

With the buy back you are hitting capital gains tax or for isa and shop holders, no tax.

[robwt] 21/2/2019 12:35

Maybe even 120p!!

[skinny] 21/2/2019 12:29

I'd have to agree - do buybacks ever really benefit shareholders or share price come to that! Look at SLA.

[essentialinvestor] 21/2/2019 12:22

Only fair to say that Richard Buxton appeared to think Lloyds dividends would
have been more generous, if you look at his comments from a couple of years
back.

Are Lloyds really creating value by buying back shares, I'm not so sure on that.

Add further to reserves, more generous on the payout, no buyback, would have
been preferable imv.

[grahamite2] 21/2/2019 12:16

bbalanjones 21 Feb '19 - 11:47 - 247145 of 247148
0 0 0
kk56 - I used to use the filter - it works fine - but not these days. I either read or (sadly) mostly skip posts that just do not require reading. Works well for me.

Same here. Frankly a lot of posts from people I totally agree with come in the dr tl tb class! But I wouldn't filter them and I certainly wouldn't filter the oppo.

[mr.elbee] 21/2/2019 12:14

as appropriately detailed and clear as PPI deals were..This is not a good move.

AHO has been overruled here.

[jrphoenixw2] 21/2/2019 12:08

Phil quoting^ 'a £3 billion investment into the business should reap benefits as it moves into financial planning via a tie-up with fund group Schroders.'

I cld do with some fin/tax advice re: the structure/content of my investments, but I'd be as unlikely to seek investments from a 'tied' fund provider via Lloyds, as I would a mortgage from an estate agent's tied broker.
Presumably Lloyds will be earning commission on the back of sales of Schroder products. In view of how simple it seems these days for allegations of mis-selling to stick, I expect the health warnings on taking Schroder products will be approriately detailed and clear. Oh plus internal controls over commission-earning Lloyd's sales staff from steering customers into Schroders when that might not be 100.00% in the customers best interests.

[k38] 21/2/2019 12:04

I don't agree but..Minerve in a serious note.. In your opinion, what's the impact of the resignations on Brexit

[minerve] 21/2/2019 11:58

But my comments have a great element of truth in them unlike yours K38 which are just delivered out of prejudice.

[k38] 21/2/2019 11:52

K..56 you see ? lolFiltering Minerve will stop all arguments and no fun.. not a good idea.Someone has to defend Brussels and defend the ... remainers.

[bbalanjones] 21/2/2019 11:47

kk56 - I used to use the filter - it works fine - but not these days. I either read or (sadly) mostly skip posts that just do not require reading. Works well for me.

[kkclimber56] 21/2/2019 11:44

Dont forget..Its easy to filter out minerve

[alphorn] 21/2/2019 11:35

#137. No surprise. This is the real power behind an Exit and nobody will pull the plug on the laundromat.
We are just tiny ants.

[minerve] 21/2/2019 11:33

"You a beer drinker then Minerve?"

What has that got to do with anything?

[k38] 21/2/2019 11:31

Record Surplus 15 billions.. with 3 billion more fo counsellor to give away... ( perhaps to Brussels)Juncker: 'no very optimistic a no deal can be avoided '

[bbalanjones] 21/2/2019 11:30

Meanwhile - in the "dirty tricks' dept. of Govt. . . .

Delay to tax havens’ public registers ‘risks national security' . . . .



But the government – without consulting parliament – interpreted the amendment to the bill as merely requiring ministers to state by the 2020 deadline when they would introduce the registers, and then unilaterally set the date for their introduction as the end of 2023, after the next election.

The overseas territories, anxious to protect the income associated with secret tax havens, had warned of a major constitutional rupture with London if the 2020 date were imposed.

[fatnacker] 21/2/2019 11:28

You a beer drinker then Minerve?

[minerve] 21/2/2019 11:26

Just think if Farage actually had influence in Brussels the UK may have had more say in the EU.

But Farage isn't really as capable as he looks. It is very easy to win over the gullible and ignorant with a British pint in your hand.