Lloyds Banking Share Discussion Threads

[estienne] 12/7/2024 09:39

Thanks Hardup1

[scruff1] 12/7/2024 09:24

Labour getting up to speed
Banning drilling for our oil. Is there another country in the world that does that?
Rescinding the license to extract coal in Cumbria on legal grounds. Smacks of the tricks of dictators
Letting prisoners out of jail. Wonder where the first rape by a freed lag will occur and the first murder.
Granting an amnesty for illegals. A signal for them to set sail from France and same blaming the French for the drowned ones.

One week down - 259 to go

[utrickytrees] 12/7/2024 08:15

Agreed, the only thing the Jocks are taking home is a suitcase full of unworn clothes.

[muckshifter] 12/7/2024 07:38

Thank you for the explanation Hardup.

[freddie01] 12/7/2024 06:23

A rare pic of our Scottish friend.

[jordaggy] 12/7/2024 03:15

Looks like H1 is off the hook then...for now!

[pierre oreilly] 11/7/2024 23:03

Thank hardup, very useful.

So it seems we have a feedback which tries to get a price rise at a certain rate, and also steps in to help stop and correct any price falls.

Until the buyback ends!

[thanatos abysss] 11/7/2024 22:52

glad im not short here like insane insti

[institutional investments] 11/7/2024 19:58

Covid was the eye opener. The true nature of Western humanity and how self interests are always way above the society whole

[yump] 11/7/2024 19:52

I wonder if any government will ever point out of the TV screen and tell us “you will all have to give something up to help society”. Whether its a few less bottled waters or just the view from your loft guest room, where with a pair of binoculars, you would be able to see the windfarm thats proposed on the hill 2 miles away.

[institutional investments] 11/7/2024 19:43

Actually, a bit low . I need a new TV grant. I want one of those that replaces a wall

[institutional investments] 11/7/2024 19:41

If they ever start taxing benefits, then id leave the country. Taxes are bad enough just watching others pay the extortion

Right now I think taxation is fair and well spent

[institutional investments] 11/7/2024 19:36

Actually, make that 4000%. I don't think the total changes

[institutional investments] 11/7/2024 19:33

Sky news

Question to you all.

Do you want to see child poverty rise? Well, i for one do not

I emailed the minister and confirmed I am happy to pay extra taxes on top of what I already pay, to save the UK children

I'm actually willing to pay an extra 400% tax

[jl5006] 11/7/2024 19:25

Cant ever be we did not realise
Cant be that education serves no purpose under woke law
Cant be useful to have HOC stuffed with those without critical experience who can challenge the blob
And u not me voted so!

[utrickytrees] 11/7/2024 18:52

We've managed to import or cultivate drugs & criminal gangs that are free to operate outside the law without impunity because the thin blue line has been stood down allowing chaos & anarchy to thrive in many of our city centres. I wouldn't be surprised if the black economy has 10x in as many years.

[hardup1] 11/7/2024 18:25

I made a post number 21002 on the 29th July 2022 which I have copied below.

hardup1 - 29 Jul 2022 - 12:36:09 - 21002 of 30526

I sent an email to Lloyds Investor Relations this morning, I said that I had noticed that MS had suddenly appeared to have taken the foot of the pedal in 6 of the last 8 trading days of the share buyback with very little volumes being bought for the buyback. I asked if they had given any specific guidance or criteria to MS as to when they should or should not buy shares for the programme, and asked if they could explain the thought process for when to buy or not buy shares during the buyback programme. I have copied the reply I got below, very interesting, all based on algorithms.

"The algorithms that manage the share buyback programme look at a lot of variables, but market volumes and the rolling average share price are the main ones.

The main reason that trading volumes in the last few days have been lower than normal is that the share price is trading above the average of recent periods. We have a share price tracker on the external website and you can run charts to see the performance over the last day, month, year etc. If you look over the last month, below, you can see that the share price since 19 July (the start of your trend below) has been well ahead of the preceding few weeks. In this case, the algorithm will step back from trading.

Clearly if the share price continues to rise, the weighted average price will go up, and then the algorithm will start trading more heavily again.

I should note that when we announced the buyback programmes, the stated intention was to complete by 31 December and we are ahead of target for this point in the year.

I hope that is helpful.

Regards,"

[hardup1] 11/7/2024 17:51

The last 6 trading days (including today) there have been no shares purchased for the buyback. I have not posted updates on the buyback on days where there have been none bought because the figures have not changed. The last day that shares were bought back was the 3rd July. The buyback is run by an algorithm which has some parameters dictated by Lloyds. One of these is that if the share price on any day is more than a defined percentage above the Moving Average price of a set number of preceding days then the algorithm will step back from trading. The last day shares were purchased was the 3rd July, which was the day before the election. There was a large jump in share price on the 4th July onwards which appears has taken the share price above the set level above the Moving Average price resulting in the algorithm stepping back from trading. The algorithm will start trading again if either the share price falls sufficiently to take it below the defined limit above the Moving Average price, or, if the share price does not fall, then the algorithm will start buying again when the Moving Average price catches up with the current share price Once the buybacks start again I will resume posting the buyback updates.

[geckotheglorious] 11/7/2024 17:49

Miliband overrules officials with immediate ban on new North Sea oil


vs

Reports Labour ordered 'immediate North Sea oil ban' a 'fabrication'