Have you, were you looking at ALTONA moving higher?

ANR 4.35 / 4.40p +0.30p

well up now with 3MMs + the one at Plus market at bid for only 1 at offer
trades are on piling in during the last 20 minutes

re - ANR

A silly COW was trying to make fun of the share yesterday.

Do I see DUNG all over her face

you might break even by time you paid at higher sp and selling at lower sp margins.....plus paying costs........might be able to buy a penny chew......well done for 3 days at staring at screen

us lesser mortals relax, have a life, and still have stonking winners over the year

not sure about dung master but u do type shite and it aint just your spelling

        TAKING the PISS

re -the Silly COW believe her own nonsence on talking about ANR "

As it happens I know what I am taking about, bought at bottom below middle price 3.96p and a good sack load, no one did pay less, but some one else also managed the same price ( buying as the share price is falling allways gets you the best price on buying, and the same on selling but as SP is rising).

re - us lesser mortals relax, and still have stonking winners over the year

You are not alone in having PORTFOLIO ( if you do ) but I get better plesure on playing with someone else money T+ ( I hope you know what I mean but maybe you are just a beguiner trying to rumble with an old trader and still trying to win). Yes I notice you mood when loosing changing the subject, but you are still a looser.

WHO you relax? the husband never returns home till the day light beguins, how can you?
You have been caught posting till early hours in the morning, sleepless nights it seems instead of relax


re - might be able to buy a penny chew

I expect to do a few Thousands and it will be all mine, and will be added to Tuesdays, Wednedays and yesterdays gains, no sales today, just waching ANR rising and telling to DICK, TOM and HARRY about it.


re -shite

I was trying to be polite with the dunk, as it would do good for you ragged face, but it seems you like it smelly also.

source - reuters

Lloyds' hopes hinge on it raising about 15 billion pounds from a rights issue and 10 billion pounds from asset sales and restructuring its debt.

The rights issue would be the world's biggest ever, surpassing a 12.9 billion pound cashcall made by HSBC (HSBA.L) in March. It would represent more than half of Lloyds' current market value.

To succeed it would need to offer shares at a discount of close to 40 percent, several bankers said. Recent bumper rights issues by BNP Paribas (BNPP.PA) and Societe Generale (SOGN.PA) were set at under 30 percent.

UKFI, the body holding Britain's state interests in its rescued banks, would be asked for about 6.5 billion pounds to keep its stake at 43 percent.

The decision rests with UK finance minister Alistair Darling.

"It's a political decision. And how does a government claiming the economy is recovering turn around and say we've got to put another several billion pounds into a bank?" said Simon Maughan, analyst at MF Global.

The government could opt not to participate in a rights issue, which would dilute its stake to about 25 percent but might attract new investors in to take up the slack if the discount is about 35 percent, he said.

Several bankers and investors said Whitehall support is key to underpin an offer, however. "It is a must," said one fund manager.

The Treasury would like to maintain its stake but has not made its final decision, people familiar with the matter said. Treasury coffers could also get about 1 billion pounds from Lloyds to pay for the insurance provided by the APS since March.

Where Lloyds gets its other 10 billion pounds from could be more of an issue for UK and European regulators.

Lloyds could offload its insurance operations, notably Scottish Widows and Clerical Medical, or its 60 percent stake in wealth manager St. James's Place (SJP.L), but may struggle to get much of a capital boost from offloading those assets at a discount to embedded value.

The sale of 164-branch Cheltenham & Gloucester may not go far enough to raise capital or appease Brussels. Which means it might have to consider a more radical option -- such as selling Bank of Scotland, said MF Global's Maughan.

I am rather frustrated that everytime the newspapers mention the potential RI, we hear the same old stories/fears about dilution, and oh dropping to 40p by Friday rubbish. Do people actually analyse whether a RI is a better way to go forward than the overpriced APS + govt + EU interference before they press the short button? Obviously some people want to create a sense of dooms and panick.

I think LBG should look into the RI. Every other bank is doing it to pay off the govt bailouts, from the US to Europe at the moment. Why, because it is cheaper to run the business (hence good for the shareholders). LBG is trying to do just that. I don't know if they will succeed because not everyone believes in it. But I think that the board owes us to explore all possible ways of avoiding the APS and forced disposals of core business with the proviso that they should only act if it is in the interest of shareholders.
Good luck to all.

I don't think the SP has dropped as bad as most thought. This stock has been one of the most shorted stocks this week especially on Mon in the US (LYG) and has held up quite well. (I'm sure you have noticed the amount of people putting negative posts on this board compared to last week) Some of the posts are factually correct but slanted towards the negative parts of articles omitting the positive parts some are just bad rewrites but what we need to understand is:

1. We are not going to be nationalised

2. These shorts have to be bought back

3. This RI, GAP withdrawl asset sale will pay off, we just have to wait till next year when the dust has settled.

4. Take everything you read on this board with a pinch of salt.
(I'm still waiting for the Sept crash that the doomsters have been harping on about!!)

Everything we read on this BB with a pinch of salt???? That includes post #1041 - 1043 then? This is all just opinion & should be treated as such.

>>>>>>>>>>>>>Master RSI
Keep it up, I think most of the posters on here are grateful for your hard work and I must congratulate you on the cartoons I cant stop laughing, I am with you on the latest stocks INCH, HAWK, BPC, ANR


and further more my approach to short trading >>>>>>>>>>>>>


A reliable approach to measuring the intermediate trends is to combine the signals of the MACD and Slow Stochastic indicators.

The combination of the two indicators increases reliability.

Trading Signals
Long positions:

Look for buy signals when both the MACD and Slow Stochastic are above their signal lines.
Do not take signals if one of the indicators has crossed to below its' signal line.

Exit when both indicators cross to below their signal lines.

Only indicator I use is price , all other indicators contradict each other imo.

But what tfdik :-)

Good luck.

Opting out of the Asset Protection Scheme would be hugely positive for the group, provided the bank is able to raise adequate capital from the market, Joe Dickerson, an analyst at Execution Ltd., wrote in a note to investors today. Lloyds wholesale funding costs would decline materially because fixed-income investors favor banks with little government ownership, Dickerson wrote. He has a buy rating on the stock.

POSITIVE NEWS THIS WEEKEND ...........

Banks to support Lloyds' rights issue

Lloyds Banking Group has moved closer to an 11bn rights issue after gaining the support of a powerful syndicate of investment banks.

UBS and Bank of America Merrill Lynch are thought to have agreed to act as lead underwriters for the bank, which is seeking to limit its participation in the government-backed toxic loan insurance scheme.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6294379/Banks-to-support-Lloyds-rights-issue.html

Sterling was also buoyed by reports that UK Financial Investments (UKFI), which manages the taxpayers' stakes in Royal Bank of Scotland and Lloyds Banking Group, had held talks with investors to gauge their interest in buying stakes in the banks.

http://www.telegraph.co.uk/finance/financetopics/recession/5350842/Sterling-jumps-to-a-new-high-for-the-year.html

From The Sunday Times -- October 11, 2009

Lloyds ready to raise 11bn

Lloyds Banking Group is preparing to push the button on an 11 billion rights issue in the next two weeks, after lining up a powerful syndicate of investment banks to support the move.

UBS and Bank of America Merrill Lynch would act as lead underwriters on the deal, which would be linked to Lloyds attempts to cut its participation in a government-backed toxic loan insurance scheme. Citigroup, Goldman Sachs, JP Morgan Cazenove and HSBC have been lined up as joint underwriters.

The fundraising hinges on support from the Treasury, which would have to agree to pump more taxpayers money into the bank as part of the deal. It is also linked to negotiations with the European Commission over the level of state aid that Lloyds has received and the penalties it should pay as a consequence.

Alistair Darling, the chancellor, is this weekend considering the so-called Plan B proposals put to him by Lloyds. The Financial Services Authority and the Bank of England are also debating whether they are comfortable allowing Lloyds to back out of the Government Asset Protection Scheme (GAPS), which would shelter the bank from the worst potential losses it could suffer over the course of the recession.

If the authorities agree to allow Lloyds to raise the money privately, it is not clear that shareholders would back the move.

Lloyds has been told it has to plug a 25 billion capital hole if it wants to avoid participating in GAPS altogether.

As well as the 11 billion rights issue, the bank is examining plans to swap up to 15 billion of its debt securities for equity. It is also looking at a string of asset disposals that could include floating a minority stake in its Scottish Widows insurance empire.

Plan B also reveals how Lloyds could introduce further cost-cutting measures including more job losses if the economy slides towards the Bank of Englands gloomiest predictions.

market rocketing today......and lloy still down!

Rights Issue coming up, so can't see the sp going anywhere (except down) until that is sorted.

and they need to get rid of that yank idiot in charge.......since when did americans know about banking, lol

Don't tell "marni" ( silly cow) that VOG is well ahead or she may try to jump through the window,and the ambulances are just too busy at the moment as they are having a tea break

it was a coffee break on other thread......haha you even lie against yourself

Why on earth cant the gov try and be helpful to Lloy instead of trying to screw the last penny in expensive help. Where do they think the money comes from? LBG is so near being able to float free and start paying lots of lovely tax, all it needs is a little help, after all surely they understand the amount of effort required for RBS, Rock and all the other problems?