.

And lets be fairCNT is only one letter short of a hedge fund..

.

.

Lloyds stands by stricken Connaught

By Alistair Gray

Published: August 12 2010 01:36 | Last updated: August 12 2010 01:36

Lloyds Banking Group has decided not to follow Barclays in disposing of its debt exposure in Connaught, saying it would stand by the stricken property services group in its hour of need.

The bank, a junior member of a lending syndicate led by Royal Bank of Scotland, confirmed on Wednesday night that it would not start selling off loans it has made to the FTSE 250 company.

http://www.ft.com/cms/s/0/550ecb90-a5a0-11df-a5b7-00144feabdc0.html?ftcamp=rss

http://stockpromoters.com/penny-stock-traders/index.php/2010/08/12/uk-lloyds-stands-by-stricken-connaught/

I think Lloyds are after some brownie points after the Mervyn King attack on our helpful Bankersdid he say stinginess of bonus driven bankerssurely not?
lol

shame they don't back smaller and viable businesses which just have cashflow probs

lloyds imo are standing by cnt so that when the debt for equity swap happens (if it does) there will be something left of cnt to t/o - shrewd move especially with other lenders dumping

they may reckon their pain is already so significant that a bit more won't notice

PR exercise...nothing more...and what are their alternativesfcuk all and less than!

cynic - very good point hadnt thought of that

tab - indeed mate

had a little cnt tickle this morning bought just over 17 got out real quick just over 18 - small profit for a few beers!! i didnt want to be hanging around here right now!

all reports look grim for cnt imo - keeping an eye on rok also at the mo - i prefer the oilies though as i suppose many do also

take a look at hampson - hamp
similar to cnt without the risk - i have also posted there and had a small punt on hamp

imo of course! ref hamp

gibby stay clear of Hamp.

mitzy do you mean the banking covenants ref hamp - i dont see that as a problem and they will still report a profit - i know it is a risk but less of a risk than cnt imo - however thanks for the advice i am keeping a close eye on hamp - cheers

less of a risk than CNt I agree gibby.

CNT looking very flakey indeed ..... now down to 15.86/15.97 and 2:1 sellers to buyers