Anywayif I had to sleep with another man.I would make sure a woman was in the middleffs joke..
lloy up...enter the Dragon...

as a non-smoker, when i tried dope (for a dope) on a couple of occasions many years ago, it just made me feel horribly seasick

Cynicolives made me sick the first time I tried themBTW Im a clever cockneywent to Cambridge.found Newmarket without GPS

Morgan Stanley view

Price Target 80p to 105p

Upgrade to Equal-weight. Based on recent credit
healing and improving underlying property markets, we
have reduced our impairment assumptions over the next
few years. On this basis we believe the APS no longer
provides value for money, and would view positively any
effort to exit partially or totally. This may also reduce EU
pressure for value-destroying core asset sales, another
of our concerns. This, alongside the ~20% pull back in
the stock in the last few weeks, makes us feel the need
to be underweight is less strong on a 12-18 month view
albeit we fully recognise the next 1-2 months will have
risks to shareholders

We remain cautious on asset quality (significant
negative mortgage equity and commercial property
NPLs) and the FSA required capital may be sizeable.
We think a possible scenario is ~7bn of sub-debt
conversion and 9bn equity raise for a partial exit
(10bn swap with a ~15bn rights issue for full exit). The
resulting implied multiples of ~7x are not demanding.

Limited valuation differences. Our scenario work
suggests that if LBG moves from public (i.e. APS) to
private insurance, there is less value impact than
perceived, all other things being equal. However, we
appreciate that an exit from APS could also help the EU
debate as well as investors concerns, but at the
expense of a potential sizeable supply event short term.
Higher liquidity/term funding may weigh on margin.

The new FSA policy is likely to lead to higher holdings of
low-yielding gilts and possibly terming out of short-term
funding. However, the impact may be <5% of GOP. This
is reflected in our sub-consensus margin assumptions.

morgan stanley........haha.....they are a joke

chinese lost 2.4 billion on them at 1 stage last year by trying to bail out stupid yanks

nice try mr tosser in trying to get sp up but these goons aint a clue and teir reputation is in tatters........NO-ONE BELIEVES IN MS, CITIGROUP ETC ANYMORE

marni - civility costs nothing; your perpetual stream of personal abuse is boorish and uncalled for

Make of it what you like, but it makes sence if you are looking ahead like me.
I was busy early this morning as a - property business consultant - came to see me, taking notes
about upgrading my house. For I am not alone lately for the number of scaffolding being place around town.

Courtesy of " city trader "..............

Technology is soaring ahead.

the USA is already recovering fast and health care will cause so much demand for medical services
it's a stimulation package kin itself, and will take the world GDP very high.

US banking shares are recovering.

there are mixed indicators. Hey there have ALWAYS been mixed indicators!

Industries are being ditched, reformed...almost rapped into different shapes and modes of operating.

Everyone in the UK's secret weapon...the HOUSING MARKET...wants MORTGAGES...banks staple diet.

This is the best time ever to BUY LLOYDS

I've followed it for 40 years & studied trends since 1714

BUY! BUY! BUY!

that is the end of someone very bullish

some here would assume the scaffolding was for hanging parties!

as a more general aside, though the markets have dropped back, my own belief is that Dow has quite good reason to be strong again .....

Google - excellent results
IBM - earnings beat forecast though revenue a bit disappointing
GE - earnings easily beat forecast though revenue fell short
BoA - to report before market opening

I've followed it for 40 years & studied trends since 1714..what is he .a turtle?

tabasco

I can not confirmed what the person says, but I asume is not "sweet 16" and looking at trends is as easy as looking at CHARTS,
though sometimes it seems some here, one talks to the wall.

markets close at 1630 though and not 1714

Lloyds short-sellers abound as rights issue looms

Sat Oct 17, 2009 10:43am

UPDATE 2-Britain to weigh Lloyds plans this weekend-source

LONDON, Oct 17 (Reuters) - Short-sellers of Lloyds (LLOY.L) are queuing up ahead of a possible rights issue, data showed on Saturday, a sign it would need to offer a heavy discount on its stock to escape further government control.

Stock-lending, an often used indicator of short-selling, has doubled in four days to 3.5 percent of the total on Thursday, data from research firm Data Explorers showed.

It is now up tenfold from levels around 0.3 percent at the beginning of September. The sudden swing indicates increasing market speculation the shares will come under pressure.

Lloyds declined to comment.

Britain's financial regulators are this weekend meeting to make up their minds about the fate of Lloyds, a source close to the situation has told Reuters [ID:LG400660], as the bank struggles to stay out of the asset protection scheme.

Lloyds has signed up to insure 260 billion pounds in the APS to protect its assets against losses, but is now struggling to stay out of the scheme, which would cause further anti-trust sanctions by the European Union.

It has yet to receive approval for a package of measures it has lined up to stay out of the costly scheme, including a rights issue of more than 11 billion pounds ($17.87 billion), the source said.

Short-sellers, often hedge funds, amongst other tactics can borrow shares to sell them in the market, hoping to buy them back later at a lower price.

Heavy short-selling could weaken the stock, forcing Lloyds -- which is 43-percent government-owned after last year's emergency bail-out -- into a heavy discount on the issue.

It would also increase risk for its underwriters, who would therefore ask for hefty fees.

The shares have dropped 14 percent since the beginning of September, closing at 95.60 pence on Friday.

The underwriters are UBS (UBSN.VX), Citi (C.N), Bank of America/Merrill Lynch (BAC.N), HSBC (HSBA.L), Goldman Sachs (GS.N) and JP Morgan (JPM.N), market sources have said.

Morning broker moves round-up

Lloyds Banking upgraded from reduce to buy at Oriel.

After the early mark down, the shares are now on the UP

High volumelittle movement?and plenty of beating each other upOriel had a quick change of mind

Nah , look like they are still going down to me mr tosser while the ftse100 is once again flying.

Dil, the FT going up may make you happy, but my various holdings are B. dormant. I hope Xmas will come soon.

re - the FT going up may make you happy, but my various holdings are B. dormant.

That allways happens when somebody knows nothing of nothing but wants to put the foot wrong nevertheless.

Stupid persons will allways will be doing stupid comments, specially if they come from "Dil" - the Sheep shagger - from Wales and STALKER at "money am"

                     

RSI.

Do have a pleasant evening!

But do it by yourself and not ruin somebody else's.

PS. Have another look at 87p RL. and also from memory the 60p RL.

If you are such an expert, why do you waste your time on Moneyam. Surely if you are as good as the opinion you have of yourself, you would have your own Management Fund by now.

Good luck!