It's S*ds Law I suppose, that one of the few shares I still hold
on Ye olde Paper has taken off this week! So near Christmas with
warnings galore about simply trying to get a card from A to B in time
I'm hardly going to risk a T7 transaction with paperwork going back
and forth between me and the broker - not with the bulk of England and a
tiny bit of Scotland between us anyway!

Am I going to moan about the postal system now?
Well, it would be tempting lets face it LOL

Ears crossed for HBOS to hold it's rises into the New Year when the
bunny can seriously contemplate realising her paper profit!

:>)

Anybody know what the hell is going on.
Banks down 10% some builders upto 40% atm

its carnage dealer all around.....even some oilies are getting some clobber!!

cant see the rights issue taking place now.
hornby has let bank been hammered all year and 2 months ago this was more than 550p! he has yet to show his face in this country....never even attended the agm!!

he is not a banker.....and should go back to wherever he came from....he has led a chequered working life chopping and changing jobs or companies every given year.....that tells its own story i think

13M shares have just been bought in one trade,not something you would buy if you thought they will go much further.

that'll be hornby......they'll rocket about 25%, then he'll sell again and make his usual 6 fig some profit.....noses in the trough

The 13.8m were the UT from the end-of-day auction I'm afraid - and below the closing spread at that!

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/12/cchbos112.xml

spanish dago called santander may buy over hbos......a large shareholder calls hornby a novice....just what i been saying on these threads all year.....i cant believe theres been no posts about hornby.....he's a novice, a crook in inside dealing....he's being paid a fortune and has no experience! unbelievable.....its people like him that give capitalism a bad name.....i'm starting to believe that we should go communist

the only good thing is that we are not in usa with their banking system! now that is CORRUPT!!

Sorry shorters!!!!!
The best time to buy a share is when everyone else panick... From 245 to 315 in two days..

its driven up cos morgan stanley will lose 250 million.....they advise to buy....funny that eh......just smell the corruption!!

it was the hedge funds that were short selling anyway mainly

MS AND GOLDMAN SACH are up for manipulating oil price to high levels.....all these usa investment banks r corrupt tpo the core

cheap as chips

when will hornby be sacked?

as he's like a politician in that he wont do the decent thing and resign.

marx was right about banking system after all causing widespread misery for country. its about time we tried communism as capitalism is in total dis-array.....not just in last 12 months but its going to happen for at least another 2 or 3 years!

why should people spend 4 or 5 years of life in abject poverty cos capitalist system model has gone pear shaped.

oh, and we need a strong leader as our PM......last time we had one it was mrs.t

Can anyone tell me if at this share price the rights issue is worth taking up. If we do take it up the price could still drop below 275 p. Sounds like a 'not worth it' situation.

and if poor response to rights issue, then shares will drop a fair chunk more too.

B&B are in deep trouble however compared to hbos.

rights issue price is to give shareholders a premium on share price......which means 3 as a min. almost 2 months for rights issue to take place by hornby has been another disaster on his part.....and his comments have made matters worse too with regard to his comments on rights issue.

i dont think hornby will get a banking job ever again.....or any high powered job for that matter.

at end of day, all banks are in trouble it seems in western world whether its usa, germany, swiss etc........maybe they will all go under......everyone loses their money.......capitalism folds up......communism here we come. yay

hbos dont know how to value there risk exposure. Until there is a change in legislation I would steer well clear.

Any PI in hbos should be pushing for the mass firing of all bank executives.
Instead the bank executives receive 6 or 7 digit pay packets.

hornby should be put in jail. even that is too kind

the observer yesterday has tipped hbos as buy

hbos tipped as buy by observer yesterday

Fundametal to the sp issue is what will HBOS do with this money - er, that they didn't do before. It was they that lent recelessly, such that there was insufficient margin/equity present.
HBOS wasn't the most-reckless; but that's hardly any comfort to holders.

The top-bods messed up and I wonder that we should put good money after bad.

if u read what i typed before......hornby doesnt hold down any job for any length of time....i think that tells its own story....and he's in big financial world with big boys now and seems to be drowning.

also rest of board are all halifax and have no banking experience.
whole board need to be sacked 1st with good management put in place before anyone can put money in with confidence.

i also think hornby is a devious git, i certainly dont trust him

cheers.

sp down more?

I have a feeling its going down to 200p or less.

(News: Lehman Bros US-woes affect most UK-Banks today!)
HBOS is "below" its low of a few months ago - when all Banks dipped down. So (presumably) that signals what folk think.

Look at other Banks ( Although strictly HBOS is really a Mortgage-provider - hence their woes are "worse") - and you'll see there is some recovery from those lows - not a lot, but some. Presumably this is because they can make money elsewhere, even Internationally so profits should not fall too far, once confidence returns.
[[LLOY has C&G, but their lending was more-robust, and I feel it's a smaller Operation and being "part-of" LLOY the effect is MUCH less...er, IMHO]]

With HBOS their woes are on a 25-year Term (as it were!). So much more difficult to wriggle-free. In good times HBOS did well with folk paying rates+ for B2L and other housing-related wheezes.
This is Mortgage retractment time - - - - - ooo-er.