sale of 632 branches "Project Verde" closes for bids tomorrow.

thanks for that.

Sub 40p sometime this week..?

Buying time soon

Hard to believe it was 50p last week and now look at it the chart is a disaster.

It gets hit on any general weakness atm - its become a trading share with massive daily volumes, so the action is hardly suprising.

directors buying shares all 20 pounds worth brill is it not the ceo has not spent one penny of is own cash

Seymour Pierce note:
Irish debt downgraded to junk

Moody's lowered the rating on Irish sovereign debt to non investment grade, saying the country is likely to need further bailouts. This is the third euro area country to be downgraded to junk (following Greece and Portugal). European politicians are threatening the ratings agencies but rising bond yields have already signalled problems are far from over. Lloyds and RBS have Irish banking businesses. Lloyds has already written down commercial property exposure and 14bn or 53% of the 27bn Irish loan book is impaired, of which 8bn has already been provided for versus tangible book of 42.5bn FY 2010. Lloyds has minimal exposure to Irish or other troubled Eurozone government debt.

It is worth bearing in mind the skewed size of Eurozone economies. The top three countries Germany, France and Italy, make up 66% of economic output, which means that we should perhaps focus on whether any other countries look as if they have unsustainable debt burdens. If either Spain or Italy is the next problem country, Barclays holds 14bn of these two countries Government debt at fair value, plus 35bn of retail loans (at amortised cost) to Spain and Italy versus tangible book of 42.1bn FY 2010. Banks look very cheap on a price to tangible book basis - yet it is hard to say what level of "contagion" is currently being priced in.

Worth keeping an eye on this week depending how the right shoulder develops.

there are NO bidders for loys branches they have all withdrawn from bids

lloys to float a new bank .spliting lloys into two banks

Recovery,

bought a few more for the SIPP.

this company is run very badly talking to staff they are giving up hope
the ceo is a bloody joke along with the useless chairman.
remember the chairman stated many times what a wonderful job E DANIELS WAS DOING . it is time holders started to take action .glad i am not a holder of this disgracefully run company the board sdhould all go

half year results to be announced on 4th August, we shall see.......

loss of 2.2b but to get back to profit by 2013

-anker if your figure turns out to be anywhere near correct beware you are not accused of insider dealing.

Some of his price predictions have been way off the mark, so he needs to sack his insider contact!!!

Don't make me post the muppets again! :-)

harry . i am never far away . lloys is not out of the trees it still has a few more branches to fall throw till it its the ground. lloys now has a very poor CEO the only
thing he knows is cut jobs he needs to look at the useless board who said DANIELS was doing a great job .get rid of them and lloys might get back to profit by 2013