FFS 48p Results need to be better than expectedend of monthor Baler might be asking when 30p??? I wish you all luck.Obamas promise to limit the size of banks and restrictions on riskier trading.will harm these greedy bas*ards.He added he was ready for a "fight" with any banks prepared to lobby against tougher regulations...and we will follow perfect conditions for Banks to get beaten upand shorted down.hope I am wrong!

am quite concerned tabs.... i might have to buy somemore..... ;)

Fair play to you BByou got more bottle than me most investors were pissed off being turned over once. but those that fancy the win double???.shame on Bankers for cheating you onceshame on you for letting them do it twiceand they are so blasin the process

in for the long haul tabs, this will come right in time, building up for that time...will only have to pass the 1.20 to be in profit now, then away we go..

Was not impressed this am when it continued to fall. All the brokers appear to be more positive on LLOY and BARC yet this one still keeps falling. My average is 52 so well under water right now. As you say a waiting game. The only Q is for how long? (:-((

Insurance sector being hit today & the LLOY insurance segment dragging them down. Appears to be unconnected to the banking sector of LLOY. (insurers probably targetted today as they have large bond exposure.)

Business Financial Newswire
Lloyds Banking has announced the sale of its 70% stake in esure, the online insurer, to a management buyout vehicle led by esure chairman Peter Wood, who founded it with the Halifax in 2000.

The deal is for a cash consideration slightly in excess of the 185m book value in the Lloyds accounts at December 31.

Esure, which includes the Sheilas' Wheels brand, had gross assets of 975.5m. Lloyds says the impact on its accounts is not expected to be material.

Archie Kane, Lloyds' executive director insurance, said, 'This sale means we can focus our efforts on our core general insurance brands of Halifax and Lloyds TSB.'

Lets face it guys with a mountain of bad debt - political uncertanty over its future independance - bad or shockingly bad management decision making - how can this survive as an investment option.
Its doomed to failure and nationalisation!

Who is entitled to buy?

Further to the announcement on 3 November 2009, pursuant to which Lloyds Banking Group plc ("Lloyds Banking Group") invited Holders of certain Existing Securities to Offer to Exchange their Existing Securities for Enhanced Capital Notes, or, in the case of the Non-U.S. Exchange Offer only, an Exchange Consideration Amount, Lloyds Banking Group hereby announces, inter alia, the form in which the Exchange Consideration will be settled and the New Shares Price, as set out in the Exchange Offer Memorandum dated 3 November 2009

Business Financial Newswire
"Lloyds Banking Group will issue 3,140,686,402 new shares on 18 February as part of the capital restructuring announced in November.

The new shares price is 0.486985 - a premium of 1.15% to the closing price of an ordinary share yesterday (11 February). "

Final results out on friday 26th Feb '10.
I wonder if they will have the same effect as the BARC results to their sp?

results better be good for shareholders to justify any bonus paid to Eric Daniels.

can we cross the red line today??

it is trying.....be good to get away from 50p.....and then a good week ahead

Lloys Eric Daniels set to waive his bonus.I take that as a negative for the 26th Feb resultsif they read goodhe would have taken the pot.. plus!

Yes - he just takes his 1.035 million salary - must be tough!

i read somewhere it is more in the banks profit margin if exec's dont receive cash bonus.....so shares option for 2012 helps the books......all will become clear friday

LLOYDS BANKING GROUP STATEMENT

Skinny.you only have to read that statement and you can see Eric is all heart.