It's S*ds Law I suppose, that one of the few shares I still hold
on Ye olde Paper has taken off this week! So near Christmas with
warnings galore about simply trying to get a card from A to B in time
I'm hardly going to risk a T7 transaction with paperwork going back
and forth between me and the broker - not with the bulk of England and a
tiny bit of Scotland between us anyway!

Am I going to moan about the postal system now?
Well, it would be tempting lets face it LOL

Ears crossed for HBOS to hold it's rises into the New Year when the
bunny can seriously contemplate realising her paper profit!

:>)

Bunny.....download the CREST form from your online broker, fill it in and that cuts the paperwork to one envelope and I think the T7 only means 7 days when the market is open.....ask the broker. They might be lenient!

True - worth considering - but that only leaves the concern
about the post.............thanks for the idea :>)

A Certificate of Posting will prove your good faith. It's free and I've never been shot yet for the shortcomings of the Royal Mail. Plus, if you email the number of the Certificates or scan a copy to the broker, they will know you definitely do own the shares.

Special Delivery @ 3.95 guarantees next day delivery even at this time of the year.

Bunny you cant beat the personal touch,drop it off your self,,and a shopping trip to boot.

Bit too far for me Dave - bunny doesn't travel well, aside of
via burrows and they get very jammed this time of year with bunnies
making their way home for Xmas. ;>)

Oh...I don't know....I do usually use recorded delivery and that hasn't
let me down yet....but there again, there's no reason why it wont
hold it's gain or maybe go up more....oh decisions, decisions....
I'll chew it over on a carrot........
;>)

Good people out there trying to help the stock bunny!

how much lower will this go?

is this worth buying yet?

Whats the Ex Divvy date please ( last day to hold to get Divvy ? )

I make ex divi date 14th March and pay date is 14th May.

If that's the case, perhaps this "sell-off" was merely a few folk selling after the record-date? ( ie they had the divi in the bag and sold)

Therefore it's possible others noticed the Sells and took fright . . . without reading the date . . . and in view of the Market woes in mortgages generally - and Bear Stearns (US) in particular.

Whilst selling shares you don't own should be illegal, as well as "borrowing" shares from an Institution ( who holds them on behalf of others who do not benefit from this "back-door" trading ) - should also be illegal.
What does surprise me is that there is no simple means of capitalising on a share that is obviously overpriced.
Existing mechanisms (SB/CFD, etc.) rely on actions to keep the position open and yet beter brains than mine should be able to come up with a new scheme - like certificates, that you can hold, or sell as the Market "twists and turns".

Hangon,

You are not for real, lol......if you are talking about yesterday's sell off....read a newspaper, any newspaper will give you a reason for the sell off yesterday.

hbos is hitting 5 quid again......and on downturn to 4.50 or even 4.

i wonder if that crook, andy hornby will make multi millions again by buying in at over 4 again.......i'm sure he set up rumours.

if anyone looks at his working career, he has no BANKING experience.....he's also too young with only some media and retail experience.....and he seems to change job position every given year in several companies.......that sounds to me like a guy thats crap at his job and gets moved around.

i think FSA and in particular the police should be investigating hornby.......certainly in generations gone by, no BANK OF SCOTLAND top man would act in such an un-ethical way

hbos down again......not surprised as building society is shit and staff are clueless with lots of wee girls.....its nothing more than a selling shop.

bank of scotland sold down the river when they were taken over / merger with crappy halifax

i hope hornby doesnt have the brass neck to show his face in scotland.

if they can only stop police protecting that olympic torch (2000 of them!!) and start investigating this crooked hornby with his insider dealing

Following the rights issue announced yesterday, at yesterday's closing price the ex rights theoretical should be 426p. After todays downgrade by Moodies, the SP is down and IMHO I would not be surprised that the SP will reach the ex rights price.This is how I interpret the SP....

Yesterday's below statement has to be read carefully and interpreted correctly.

"We are planning for a more challenging environment ahead and the proceeds of the
rights issue should ensure that we benefit from strong ratios even if the
macroeconomic environment deteriorates further. In the long term we remain
optimistic about the fundamental prospects for our core businesses"

i see hornby never even turned up at the AGM!!!! SHAMEFUL.

mind you, wouldnt expect anything less from a crook. he has no banking experience or knowledge.

he should be sacked with immediate effect along with the hbos board. as they r like politicians and wont recognise their own failings.

oh dear......more bad news for hornby.......how low can this go before he gets sacked.....as he wont resign similar to a labour politician

can we hear hornby sing....doo da doo da

cannae hear a f???ing thing

wot, no share buying from mr.devious

about time hornby etc bought shares to stop this plummeting

scot.

Never mind, you'll soon be able to buy this below the rights price.
Now that's what I call good investing!

i dont have hbos shares but cant believe hornby has not been sacked months ago. hbos need an experiencedd banker.....and one in scotland too!!

the prat is still buying construction companies....unbelievable. he has no banking experience...........u might as well get a guy off the street, it couldnt get much worse.

kiss your job goodbye, andy hornby......u r a waste of space

I think now is the time to buy they cant go any lower and it must be worth a little tickle , god loves the brave (or foolish)

wrong mojo.....going down more.

ps: god is a scottish protestant......i'm sure gordon brown would agree

hornby is finished!!

pick up your p45 hornby asap

Anybody know what the hell is going on.
Banks down 10% some builders upto 40% atm

its carnage dealer all around.....even some oilies are getting some clobber!!

cant see the rights issue taking place now.
hornby has let bank been hammered all year and 2 months ago this was more than 550p! he has yet to show his face in this country....never even attended the agm!!

he is not a banker.....and should go back to wherever he came from....he has led a chequered working life chopping and changing jobs or companies every given year.....that tells its own story i think

13M shares have just been bought in one trade,not something you would buy if you thought they will go much further.

that'll be hornby......they'll rocket about 25%, then he'll sell again and make his usual 6 fig some profit.....noses in the trough

The 13.8m were the UT from the end-of-day auction I'm afraid - and below the closing spread at that!

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/12/cchbos112.xml

spanish dago called santander may buy over hbos......a large shareholder calls hornby a novice....just what i been saying on these threads all year.....i cant believe theres been no posts about hornby.....he's a novice, a crook in inside dealing....he's being paid a fortune and has no experience! unbelievable.....its people like him that give capitalism a bad name.....i'm starting to believe that we should go communist

the only good thing is that we are not in usa with their banking system! now that is CORRUPT!!

Sorry shorters!!!!!
The best time to buy a share is when everyone else panick... From 245 to 315 in two days..

its driven up cos morgan stanley will lose 250 million.....they advise to buy....funny that eh......just smell the corruption!!

it was the hedge funds that were short selling anyway mainly

MS AND GOLDMAN SACH are up for manipulating oil price to high levels.....all these usa investment banks r corrupt tpo the core

cheap as chips

when will hornby be sacked?

as he's like a politician in that he wont do the decent thing and resign.

marx was right about banking system after all causing widespread misery for country. its about time we tried communism as capitalism is in total dis-array.....not just in last 12 months but its going to happen for at least another 2 or 3 years!

why should people spend 4 or 5 years of life in abject poverty cos capitalist system model has gone pear shaped.

oh, and we need a strong leader as our PM......last time we had one it was mrs.t

Can anyone tell me if at this share price the rights issue is worth taking up. If we do take it up the price could still drop below 275 p. Sounds like a 'not worth it' situation.

and if poor response to rights issue, then shares will drop a fair chunk more too.

B&B are in deep trouble however compared to hbos.

rights issue price is to give shareholders a premium on share price......which means 3 as a min. almost 2 months for rights issue to take place by hornby has been another disaster on his part.....and his comments have made matters worse too with regard to his comments on rights issue.

i dont think hornby will get a banking job ever again.....or any high powered job for that matter.

at end of day, all banks are in trouble it seems in western world whether its usa, germany, swiss etc........maybe they will all go under......everyone loses their money.......capitalism folds up......communism here we come. yay

hbos dont know how to value there risk exposure. Until there is a change in legislation I would steer well clear.

Any PI in hbos should be pushing for the mass firing of all bank executives.
Instead the bank executives receive 6 or 7 digit pay packets.

hornby should be put in jail. even that is too kind

the observer yesterday has tipped hbos as buy

hbos tipped as buy by observer yesterday

Fundametal to the sp issue is what will HBOS do with this money - er, that they didn't do before. It was they that lent recelessly, such that there was insufficient margin/equity present.
HBOS wasn't the most-reckless; but that's hardly any comfort to holders.

The top-bods messed up and I wonder that we should put good money after bad.

if u read what i typed before......hornby doesnt hold down any job for any length of time....i think that tells its own story....and he's in big financial world with big boys now and seems to be drowning.

also rest of board are all halifax and have no banking experience.
whole board need to be sacked 1st with good management put in place before anyone can put money in with confidence.

i also think hornby is a devious git, i certainly dont trust him

cheers.

sp down more?

I have a feeling its going down to 200p or less.

(News: Lehman Bros US-woes affect most UK-Banks today!)
HBOS is "below" its low of a few months ago - when all Banks dipped down. So (presumably) that signals what folk think.

Look at other Banks ( Although strictly HBOS is really a Mortgage-provider - hence their woes are "worse") - and you'll see there is some recovery from those lows - not a lot, but some. Presumably this is because they can make money elsewhere, even Internationally so profits should not fall too far, once confidence returns.
[[LLOY has C&G, but their lending was more-robust, and I feel it's a smaller Operation and being "part-of" LLOY the effect is MUCH less...er, IMHO]]

With HBOS their woes are on a 25-year Term (as it were!). So much more difficult to wriggle-free. In good times HBOS did well with folk paying rates+ for B2L and other housing-related wheezes.
This is Mortgage retractment time - - - - - ooo-er.

They have gone.