mitzy
- 10 Oct 2008 06:29
gibby
- 08 Nov 2011 09:54
- 3239 of 5370
i hope so!! cheers
gibby
- 08 Nov 2011 10:35
- 3240 of 5370
post rns brokers views this morning virtually all buy with target ranging from just over 50p to about 70p - expect more blue today:
shore capital need new analysts imo!!!!!!!!!!!!!!!!!!!!! see below...........
Broker Views for Lloyds Banking Group
LLOY: 30.01 +2.32 ( +8.38 %) delayed: 10:14AM Trade now
Summary Chart News Trades Director Deals Broker Views Date Company Name Broker Rec. Price Old target price New target price Notes
08 Nov Lloyds Banking... Espirito Santo Execution Noble Buy 30.01 68.00 68.00 Retains
08 Nov Lloyds Banking... Evolution Securities Buy 30.01 50.00 50.00 Reiterates
08 Nov Lloyds Banking... UBS Buy 30.01 61.00 61.00 Retains
08 Nov Lloyds Banking... Oriel Securities Buy 30.01 70.00 70.00 Reiterates
08 Nov Lloyds Banking... Shore Capital Sell 30.01 - - Reiterates
08 Nov Lloyds Banking... Seymour Pierce Hold 30.01 50.00 50.00 Retains
08 Nov Lloyds Banking... Deutsche Bank Buy 30.01 - 70.00 Retains
kerrrrrrrrrrrrrrrrrrchinnnnnnnnnnnnnnngggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggg
gibby
- 08 Nov 2011 11:25
- 3241 of 5370
ahhhh - lol some lunchtime selling from those who only know the sp but not the depth of it
skinny
- 08 Nov 2011 11:28
- 3242 of 5370
And all is right with the font.
gibby
- 08 Nov 2011 11:28
- 3243 of 5370
and no more bold type lol! :-))))))))))))))))))))))))))))
gibby
- 08 Nov 2011 11:49
- 3244 of 5370
yes thanks skinny - phew!!! now some lunch time buying :-))))))))))))))))
gibby
- 08 Nov 2011 12:07
- 3245 of 5370
:-)))))))))))))))
11:55 07/11/2011
Lloyds Banking Group (LLOY.LN) shares are +8.4% at 30p, topping FTSE 100 leader board following the release of its 3Q results. Espirito Santo Investment Bank says revenues and underlying pretax profit are ahead of market expectations, as margin deterioration was less marked than expected, while impairments were also better than estimated. Also notes an improvement in the balance sheet and says the core Tier 1 capital ratio of 10.3% is slightly improved from June 30 '11 and from December '10. Rates the stock at buy with 68p fair value.
i would not wanna be outta lloy right now!!!
gibby
- 08 Nov 2011 13:35
- 3246 of 5370
another nugget...
In the three months to 30 September, Lloyds reduced its exposure to Italian banks by one third to 1.2bn.
It has also cut its investments in banks in Spain, Portugal and the Republic of Ireland.
gibby
- 08 Nov 2011 15:27
- 3247 of 5370
looking fwd to tomorrow!!!
gibby
- 08 Nov 2011 15:28
- 3248 of 5370
good http://www.bbc.co.uk/news/world-europe-15641610
halifax
- 08 Nov 2011 17:10
- 3249 of 5370
stripping out their 3billion PPI provision(loss) then 2012 might well be a profitable year which may herald the resumption of dividend payments. But more importantly the appointment of a new respected CEO is essential are there any around?
HARRYCAT
- 08 Nov 2011 18:30
- 3250 of 5370
Tanker reckons he can do the job!
mitzy
- 08 Nov 2011 18:57
- 3251 of 5370
Brlustsconi to resign.
Nar1
- 08 Nov 2011 19:10
- 3252 of 5370
Lol
dreamcatcher
- 08 Nov 2011 20:27
- 3253 of 5370
Lloyds dividends at risk after 3.9bn loss
Harry Wilson, 19:54, Tuesday 8 November 2011
Analysts have warned that Lloyds Banking Group (LSE: LLOY.L - news) may not pay a dividend for another three years after Britain's largest retail bank admitted it is likely to miss its earnings targets.
Announcing a 3.9bn pre-tax loss for the nine months to the end of February, Tim Tookey, the Lloyds' acting chief executive, sounded a gloomy outlook for the business, saying the bank's financial performance over the next three years was unlikely to hit its previously announced goals.
The downward revision in prospects came less than a week after Lloyds shocked the market with the news that chief executive Antonio Horta-Osorio had stepped down temporarily due to "extreme fatigue".
Analysts at Credit Suisse (NYSEArca: CSMA - news) analysts said the bleak outlook meant Lloyds would not be able to afford to pay a dividend until at least 2014. The state-backed lender, which has Britain's largest retail shareholder base, ceased dividend payments following its 2008 bailout. However, the Brussels-imposed prohibition on payouts to shareholders is due to end next year.
The bank's 3.86bn statutory loss for the first nine months of the year compared with a profit of just under 2bn for the same period in 2010. The loss is largely the result of a 3.2bn provision against payment protection insurance mis-selling claims, taken by the bank soon after Mr Horta-Osorio took over as chief executive in March.
Mr Tookey insisted the turnaround strategy instituted by Mr Horta-Osorio was the right one for Lloyds and that all the lender's staff were united behind his plan.
"Over time, we believe our strategy will realise the full potential of our organisation for customers and shareholders," he said.
Ian Gordon at Evolution Securities said the decline in the bank's earnings was little surprise and maintained his 'buy' recommendation on the shares. "Don't confuse a bad company with a bad investment," said Mr Gordon. "For all its many faults, we see a clear value opportunity at current levels."
Lloyds shares have fallen in the last week and trade at less than half the lender's book value with uncertainty over the likelihood that Mr Horta-Osorio will be well enough to return to his post by the end of the year as the bank said it expects him to.
In early trading, Lloyds shares jumped more than 7pc yesterday, before falling back to close the day up 4.4pc at 28.9p, valuing the bank at 19.9bn. The Credit Suisse team said Lloyds' profits would come under strain from permanently higher funding costs because the economic backdrop "has deteriorated significantly".
The bank said the costs so far this year of spinning off 632 branches, the so-called Project Verde deal also demanded by Brussels, had reached 90m.
dreamcatcher
- 08 Nov 2011 20:46
- 3254 of 5370
Perhaps knowing the above is why Mr Horta Osorio has departed?
gibby
- 08 Nov 2011 21:08
- 3255 of 5370
mitzy 3254 do you mean Brlustsconi to take over lloy? :-)))))))) lol!!
dreamcatcher
- 08 Nov 2011 21:09
- 3256 of 5370
Thats the good paragraph above -
Ian Gordon at Evolution Securities said the decline in the bank's earnings was little surprise and maintained his 'buy' recommendation on the shares. "Don't confuse a bad company with a bad investment," said Mr Gordon. "For all its many faults, we see a clear value opportunity at current levels."
gibby
- 08 Nov 2011 21:14
- 3257 of 5370
hi dc - i am not taking credit suisse to seriously - they have to say something - as we are all aware a shed load of things can happen between now and 2014 - these levels are good to buy in lloy - the feeling behind closed doors was that lloy did not want to state too high goals especially with ho on a paid jolly currently - errrrmmmmm i mean sick - and that it was better to aim low and over achieve than aim high and under achieve - no worries here at all and good trading in the meantime - gla
Chris Carson
- 08 Nov 2011 21:27
- 3258 of 5370
Gibby - I'm aged 58yrs next month, will I live long enough to see the sp back at 8 or should I just buy some in my sons name and hope for the best? Answers on a postcard. Love your enthusiasm for this piece of shit by the way :O)