Maybe not good for the SHORTERS but ORIEL SEC put a target of 90p for LLOY

* Oriel Securities upgrades Barclays to buy from hold with a 350p target,
upgrades Lloyds to add from hold with a 90p target
and downgrades HSBC to add from buy with a 600p target.

re - SHORTERS

       

Some of them will be doing that one day

Lloyds and RBS on target for small business lending
UK Economic
Tuesday, 26 May 2009

UK Economic News: Banks will however say they are not on target to meet large business lending figures.

It has been reported that RBS (LON:RBS) and Lloyds Banking Group will not be able to meet previously pledged lending levels - this coming at a time when a new raft of bonus payments will be paid out.

Citywire this morning reports that Lloyds Banking Group (LON:LLOY) and RBS have told the Treasury that they will not be able to meet targets to lend a combined 39 billion more this year because there is too little demand from larger companies.

The Telegraph reported both banks have said the problem was not the supply of credit but demand from large companies.

The good news for the UK small business community is that the banks are expected to meet their targets for mortgage and small business lending.

Payouts
It was also reported this morning that a new bonus payout row was likely as RBS hands out 5 million worth of share bonuses among four of its directors.

Ron Teerlink, the banks chief administration officer, and Chris Sullivan, the incoming head of the UK corporate banking division, are set to receive 1.9 million and 1.8 million shares, respectively, according to the Times.

Alan Dickinson, the outgoing head of UK corporate banking, is in line to receive 1.9 million shares, although he is leaving his post in July and will retire next year.

Ellen Alemany, the chief executive of RBS America, is in line to receive 5.9 million shares - worth 2.4million at present prices - if targets are met over the next three years.

this crap that hyleo talked about this morning......he gives no info as usual.....however total is no more than 250 million.....big deal!!

hyleo, go and do some research and stop posting stupid predictions with many of them failing.....u must be almost broke by now

hlyeo98

Do not forget
I am on top of the WORLD

Specialy because I am ONE of the few making money this days, and my girlfriend told me yesterday "I was the best MAN she ever met",
yes it seems she had others but I am the BEST not only in shares.

My selection PHTM finished at best of the day 17.50 / 17.50p +2.75p +18.64% Two auctions at the end were needed after hours

hyleo cant pick winners......he only looks for shares that plummet and then "borrows" peoples shares........i wish i could borrow a posh house in best area

m
i think perhaps you may have the horse before the cart. lol.he borrows their shares Before they plummet not after. sometimes he is right sometimes not. from my experience of reading his posts he is mostly right. he is after all our Grim Reaper and worth paying attention to, if only to heed as a warning to not get overly excited about any price movement in the short term. anyway borrowing and then seeing them plummet seems to me to be a winner. but thats just my opinion.
your wish can be fulfilled. you can borrow a posh house in best area, its called renting. but if house prices go up you dont share in the profit. thats the risk.thats what free markets are all about. risk/reward. you may or may not like it but that is Fact. anyone who doesnt like it has the freedom of choice not to participate. so please either stop participating or stop whining about others.
maybe this thread can now get back to subject.
thank you.
regards
jkd

US market
Finishing 196 points on the blue close to the best of the day,
SHOULD AUGUR WELL FOR TOMORROW MORNING OPENING


15 minutes delay

ttt
-say10 or more? (posts that is)maybe -20 might be more appropriate.

regards
jkd

Banks - opening modesly higher with the market and staying that way so far though on the lower gains

hyleo quiet today.........oh yes, thats cos lloy is up today so far.....what a pathetic prat he is

BROKERS Recomendations

UBS: reiterated buy for LLOY

Hey Master.

I for one think you are a funny man who makes me laugh with your cartoons.

I've made plenty of money on your short-term analysis so keep up the good work!

same here........i make more from master than that idiot hyleo.

Proving to be a day of indecision so far, thought the DOW futures is a bit higher

Indecisions >>>>>>>>>

PS - for those following PHTM, is up another 8.70% today

Oriel gives 1.09 as fair value

Nothing much is going on as the DOW open lower by 33 points after expecting a rise of 24 at opening, but General Motors warning made the change.

Expected the shares at LLOY to be weak during this time of the 3 weeks special Placing/offer/R I. not sure what it is at the end. ( this is normal during this times specially with Large subcriptions where shareholders sell some shares to take up the cheap ones, when in reality not need to do that as any premium is paid at the end.)

I think the idea of taxing banks for bail-outs is very fair for the taxpayers, as the banks would only also charge interest on a slight overdraft incurred.



Bank of Englands Paul Tucker says banks should be taxed to pay for bail-outs


The Bank of England's deputy Governor has raised the prospect of imposing an effective tax on Britain's banks to help shoulder the cost of the financial bail-outs.

In a speech which send shivers of concern down bank shareholders' spines, Paul Tucker raised the idea that in the future the Government should be able to "claim back the eventual cost" of a capital injection into stricken banks after the financial crisis is finished. The comments, made in a speech in Tokyo, come amid growing disquiet on both sides of the Atlantic that normal taxpayers are having to bear the burden of a financial collapse which was not their responsibility.

In his first major speech since his promotion to deputy Governor responsible for financial stability, Mr Tucker, one of the most highly-regarded figures in the UK central bank, said governments should consider forcing banks to set up "insurance" schemes to cover the cost of possible future bail-outs.

Governments currently have schemes designed to ensure that depositors have a certain amount of their cash refunded if their bank collapses.

Mr Tucker added: "If the authorities determined that a public equity injection was necessary in order to preserve stability, government could be authorised to provide the support, but with a right to claim back the eventual cost, if any, from an increased 'insurance' levy on the banking system over a period of years beginning after the crisis had clearly passed. Under that kind of regime, more of the cost of banking system failures could fall on the shareholders of banks generally rather than on the public purse."

Although he said the reforms would need to take place "over the medium term", he later indicated that such a regime might conceivably be imposed to mop up after the current crisis, saying that unlike deposit insurance schemes, this system may not need to be pre-funded.

In the wide-ranging speech, Mr Tucker also warned that authorities were still grappling with the question of how to cope with the collapse of an international investment bank, such as Lehman Brothers. He said that in the future it might make sense for these banks to have their own "credible resolution plans... with higher regulatory capital and liquidity charges entailed if they do not."

hlyeo98

re - I think the idea of taxing banks for bail-outs is very fair for the taxpayers

Maybe fair for the taxpapers, but you are not one of them, on hearing that you are "signing on"

You have not change the spots, though trying to camuflage your language

Just get lost "Scavenger shorter"

               

On a down Market LLOY is performing the best as is the only one on the bank sector recovering from the lows earlier