Sprinting like Linford C
anyone got a clue why?

Ah usual mutter from gutter stuff LOL
Cheers and be lucky :>)

buying for the dividend maybe, i did a couple of days ago, but hope it continues.

Have a look on the traders thread bunnie.
Gotta dash.

I meant in the traders' room :)

Cheers Choccie :>)

i looked to, how does that help????

back to the talk to yourself thread then. lol.

Kivver - From FT this am...

Spanish banking giant BBVA refused to comment on reports linking it witha bid for Lloyds TSB. Shares in the UK high street bank rose 4 per cent to 530p, taking it to the top of the leaderboard. Rumour suggested that such a bid could be priced at around 700p per share.

Cheers

Evo

Crumbs, see what you all mean up nearly 8% at the mo.

Can only be bid spec. or an actual bid.....at long last.

thanks evo - you know when you get that feeling your invisible. well thanks and now up 8%. Going out for a while will be interesting to see where it is later.

I think that the incredible volume in the shares traded suggests that someone has indeed picked up a big stake this morning.
Unlike the Standard Chartered fireworks a couple of weeks ago (which was down to an Observer article) it looks as though this one is the real deal !!

interesting to see where this one is going. buys and sells about equal at the moment.

kivver or any-one,when does LLOY.go ex-dividend.

The markets dismissed the takeover theory last week.
So how do they explain all the action this morning.

'Buying for the dividend' my arse !!!!

LLOY haven't reported yet so it wont be going ex-div for a while - think both happen in late in Feb.

why wouldnt people buy for a good dividend????? lots of talk of a takeover, solid industry (not as if its going to dive).

Went ex-div on the 16th March in 05.

well possibly not at these prices, that's the only thing Kivver.....

hi stockbunny, do you think a PE of around 10 is excessive then???

Kivver, my only point is that if you are buying for a divi and you have the option at buying at a price that is rapidly rising or at a steadier price, it is quite possible that the attraction of the steadier price would be greater.

fully agree with you bunny, i suppose we might see the times frames differently. If I was going to buy a share for a dividend i would buy 2 or 3 months in advance it wouldnt suprise me with some if they would leave it much later, so perhaps this is the steadier price. Im sure the action will speed up before/after results and ex-div date.

In my (somewhat limited) experience with high yielders and the increases in price immediately preceding XD date, if you wish to buy the share you are better off getting in on the sell off immediately post XD. Even when purchasing for an ISA the sell off after the XD date seems to outweigh the net dividend receivable, (particularly if the divi is taxed but you can use a CGT annual allowance for gains).

I would say that if no bid action is already in motion or imminent at XD date, the recent rises and the XD will see a fair amount of profit taking. However for my money, I think 2006 will see Lloy either recovering its image/shareholder perception ala. M&S, or being merged/taken over by a US/European offering. Either way I am backing LLOY.

Also as a (in my opinion) switched on consumer of financial products I have a lot of products from Lloyds group, (mortgages- residential & buy-to-let, savings a/c's, current account, car loan, ISA). All of these purchases were made on independant thinking and review of best value for money products at the time (as opposed to cross selling), and I think it is a measure that Lloy are getting something right.