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Lloyds Bank (LLOY)     

mitzy - 10 Oct 2008 06:29

Chart.aspx?Provider=EODIntra&Code=LLOY&S

dreamcatcher - 02 Nov 2011 21:46 - 3138 of 5370

Good luck gibby.

dreamcatcher - 02 Nov 2011 21:59 - 3139 of 5370

Sounds like the company have run him into the ground. Whats going to change if he rests up and returns to work? Or is the job to big for him?

Nar1 - 02 Nov 2011 22:26 - 3140 of 5370

Still cant see it going much lower

Chart.aspx?Provider=EODIntra&Code=LLOY&S

ahoj - 03 Nov 2011 07:57 - 3142 of 5370

Was he British?

mitzy - 03 Nov 2011 08:09 - 3143 of 5370

Going underground.

gibby - 03 Nov 2011 09:22 - 3144 of 5370

excellent - still good volumes here - set up nicely for blue today imo
yeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

btw he is not british

gibby - 03 Nov 2011 09:22 - 3145 of 5370

lol mitzy

gibby - 03 Nov 2011 09:27 - 3146 of 5370

30s today - fill ye boooooooooooooooooootttttttttttttttttttssssssssssssssssssssssss
lol
its a classic today again

HARRYCAT - 03 Nov 2011 09:32 - 3147 of 5370

Chart.aspx?Provider=EODIntra&Code=LLOY&S

Nar1 - 03 Nov 2011 09:34 - 3148 of 5370

BLUE !

HARRYCAT - 03 Nov 2011 09:39 - 3149 of 5370

36p here we come!

gibby - 03 Nov 2011 10:14 - 3150 of 5370

why not lol!! :-)

skinny - 03 Nov 2011 10:17 - 3151 of 5370

Hmmmm.

HARRYCAT - 03 Nov 2011 10:31 - 3152 of 5370

I was just thinking that when AHO returns to work, the sp should bounce back up an equivalent amount to when he left. Lets just hope that the local community nurse is very, very beneficial for him!

gibby - 03 Nov 2011 10:32 - 3153 of 5370

30 broken a few times already - ahead of personal expectation this morning - 20s history soon!!! ok maybe not 36p perhaps nearer 35.992459p lol can live with that quite easily :-)))

Nar1 - 03 Nov 2011 11:23 - 3154 of 5370

33+ will do me just fine

HARRYCAT - 03 Nov 2011 11:28 - 3155 of 5370

Don't you lot dare sell before I reach my target! ;o)

HARRYCAT - 03 Nov 2011 11:50 - 3156 of 5370

Comment form Evo Securities:
"Buying shares in a challenged business like Lloyds is not for the fainthearted, and requires a healthy scepticism for management guidance as well as excess sellside enthusiasm. The CEO is ill and the CFO is acting-up during his notice period. Revenues are in structural decline, impairments remain elevated, (11H1 177bps), mandatory asset disposals are proving tricky, wholesale funding reliance is still alarming (L/D ratio 144%). Costs are being slashed to drag the business back to (weak) profitability in 2012E.

The near-term UK economic outlook is dire, and the path to recovery is long. However, in the month since we downgraded Lloyds with our report, Stop the World, I want to get off!, 30 September 2011, its relative performance has been so awful even worse than HSBC (Sell) that it creates a sufficiently attractive re-entry opportunity. Ahead of Lloyds Q3 IMS on 8 November, we upgrade from Neutral to Buy. TP 50p.
Never confuse a good company with a good investment.

Over a decade ago Lloyds used to trade on 7x book value (yes really!) Under Sir Brian Pitmans leadership it was a well focussed (albeit overvalued) predominantly UK retail business. Today, Lloyds trades below 0.5x book in recognition that whereas it may ultimately be restored to a relatively conservative retail-dominated UK domestic bank, it remains solidly loss-making in 2011E, profits will be anaemic in 2012/13E, and RoE will remain below CoE until around 2015. Lloyds is certainly not a good Company but at todays entry level it is now a good investment."

skinny - 03 Nov 2011 11:56 - 3157 of 5370

TP 50p - they have to be on drugs.
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