Dilthink yourself luckyfor a brief period you was a Shep shaggernow I dont mind you shagging sheepbut I draw the line on a poor old Border Colliefortunately the master has mastered the spell check?

tabasco

re - spell check?

I did not use the spell check
But it was after I added the picture that realised the tipping was with 2 pp instead of 2 ee......Sheep, as I said before I type a bit fast and dont look back into it.
But you have made yourself a good history line twisting it to your convinience, with the Collie

Do we have to put up with this childish crap, the last week was sooo good.

Baler.its called having a giraffethe squelch button is available to all those straight laced individuals that have only money as their interestmy Palestinian friend likes his moneybut full credit to himhe finds time for laughtersnap with Dil.

Balerboy

re - the last week was sooo good.

I remember, last week we did not have fleas around.

Some dogs have fleas, and some posters intend to pass them on

Never scratched in my life?

From the FT adviser............

Focus: The time is ripe for rights

The broker first told Mr Hargreave he had to place his order there and then, but then reassured him it would be fine if he called back in two minutes. The manager did call back with his order two minutes later - only to be informed the shares had all gone.

"It was unbelievable. I thought it was very badly handled and I was pretty cross about it," Mr Hargreave, who manages three Marlborough Fund Managers portfolios, complains.

Although the stock picker stresses this incident was atypical, it illustrates the astonishing appetite for equity issuance since the stock market low in March. Companies have been running to the market for money in record volumes this year, and investors have been - on the whole - willing to give it to them. .......

The time is ripe for rights

re - Never scratched in my life?

Are you sure ?
Maybe it was just red spots caused by the alcohol consumption!

Many are scratching there heads in Dubai and most likely is not fleas

Masterit is true to say I have a little blood in my alcohol veinsand I did once do a bit of hip-hop DJ scratching for a betbut not in DubaiSheikh Mohammad Al Maktoom and his family pretty much keep our horse racing industry at the top here in Britainthis could be extremely bad newsand we know governments are good at keeping really bad news to themselves.I think there is a lot more woe to follow?

Old Arab curse
"May the fleas of a thousand camels infest your armpits"
British version of same curse
"May your bum hairs turn to wire"
There is nothing like a bit of childish prattle!

Lloyds rights issue: What the experts say
Philip Scott, This is Money -- 30 November 2009, 2:24pm

Lloyds Banking Group has revealed the details of its massive 13.5bn cash call on 24 November. We round up views from the experts (first published on the 24th) and will add further opinions as we get them)...

Lloyds is offering 1.34 new shares for every existing share owned at a price of 37p each: a 60% discount to last night's closing price and a 38.6% discount to the 'ex-rights price' of 60.5-61.0p, which the shares are expected to settle at after the issue has taken place.
Lloyds rights issue: How does it work and is it worth taking up?

In terms of the general market view towards Lloyds, sentiment has improved slightly over recent weeks and currently the stockbroker and analyst general consensus is that the shares are a 'strong hold'.

We asked some stockbroking and investment banking experts what they thought of the offer.

Jupiter Financial Opportunities fund manager, Philip Gibbs

Financials guru and manager of the Jupiter Financial Opportunities fund, Philip Gibbs, says he 'probably will invest' in the Lloyds rights issue. He adds: 'We have certainly been partaking in many of the rights issues, whether its BNP, Norway's DnB Nor, SociGale or Lloyds,' he says. 'I'm not sure I view it as a matter of supporting companies, but more as a question of whether we are prepared to increase our holdings, in the light of what we think of the prospects and the valuations.'

Jim Stride, head of UK equities, at Axa Investment Managers

Stride says: 'This is a recovey play. If the UK economy recovers, then clearly Lloyds, which is so UK focused, is extremely well positioned to benefit.'

Stride points out that generally all rights issues this year had a strong take up of some 90% plus and that he does not anticipate the Lloyds bid to be any different, however he adds: 'With the rights issue so near to Christmas, some private shareholders may shy away but even so, we expect the take-up to be strong.'

David Buik of BGC Partners

Expert opinion: David Buik of BGC PartnersThe veteran stockbroker says: 'For Lloyds this is a much better alternative of having to pay 15bn for the APS, which as far as it's concerned, is a no-go area.'

'If the fundraiser is a success, it will save Lloyds 480m a year in dividend payments on the shares owned by the Treasury and brings it closer to being able to re-introduce a dividend payment for ordinary shareholders.

'For those who bought into Lloyds cheaply, this deal looks to offer value and I think such shareholders will probably go for it.

'But at the same time, for those who bought shares pre-crisis at say 3-4 levels, while they may be furious, there is little point selling out, as they would merely be cutting off their nose to spite their face by crystallising losses.'.

Keith Bowman of Hargreaves Lansdown

'I believe a lot of shareholders will look to subscribe, given the discount.'

'Following the merger with HBOS, there are certainly opportunities over the longer term to capitalise on the vast presence the group has in the savings and mortgage markets, along with the cost synergies this may bring says Bowman but he notes the firm is very UK-orientated - unlike say HSBC which has a huge global presence.

'This very reliance on the strength and prospects for the UK economy the group is nowhere near as geographically diversified as many of its rivals could provide a drag as the economy is likely to stutter for some time to come. Meanwhile, for income investors, there is still little prospect of a dividend payment in the foreseeable future.'

Graham Spooner of The Share Centre

He urges that investors need to remember that this cash-call is a long-term recovery play on the UK economy, especially given Lloyds' UK-focused business.

'For investors who believe that the UK is out of the worst of the crisis and on the repair, then they may see opportunity here. But the UK has been one of the laggards in the global economic recovery.

'Despite the discount there is no quick profit to be made. Shareholders should consider taking up the offer of 37p if they can afford it, to avoid the risk of having their holdings significantly diluted. The 36.5bn shares being created will take up 57.3% of Lloyds' enlarged share capital.

'However, if shareholders cannot afford the rights issue then we advise them to sell the shares and buy back after Friday 27 November. This way they can avoid subscribing to the rights issue terms and be fully aware of their exposure to the company.

Mark Costar at JO Hambro Capital Management

The fund manager told Citywire last week that he regarded Lloyds as a stronger investment play than Barclays.

He said: 'The market has failed to focus on the improvement in its quality of earnings. After the turmoil, the barriers to entry in the banking sector are significant higher and the competitive threat to the likes of Lloyds is lower.

'Additionally, the banks' leverage position is significantly lower, also improving the quality of earnings. All of the surplus capital generated will compound down to the investor. This is a very powerful circle.'

Dilget ready to post 52.5p it looks like you are going to be right againMaster my Palestinian friendI hope it goes up for youbut somehow?.

Very helpful mrsi.

Dil.lloy are at 52.5 .just as you said you aint alf a clever git!

... and still falling.

IT ISNT.. 53P NOW

I'VE HEARD THE GUYS WHO SOLD BARCLAYS AT 300P+ are switching into lloyds for another 6 bagger

maestro you plonker that is still a fall on the day.

maestro

This board is a breath of fresh air when - SHEEP SHAGGERS - are not about

They must be very dysfunctional individuals to spend their days trying to score points

There are a few pro derampers clogging the board from time to time

They must have run out of Sheep, so LLOY has to pay for it.

You still holding VOG mr tosser or is the question to hard ?