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."

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

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)

evening chris - its good to see you can maintain a sense of humour in these difficult times - if you are talking monopoly board money as in the game maybe lol!! but in gbp not for some time lol!! remember that 8 was when times 'appeared' good and that blasted labour goverment had every one spending beyond their means as the stupid government itself did - you talk to some who know and that 8 wasnt realistic anyhow - it was pumped up on a false illusion of wealth that those idiots & liars brown and blair cooked up now we are all paying one way or the other - however never say never 58 is still young enough to see it again one day in my book - lets hit 70p first then on from there and i am real sorry if you were in at 8 - that is a real shocker if - have a good evening lloy aside of course

Cheers gibby, no, i don't own any of this stock at the moment fortunately. Good luck to your good self, the only way is up eventually.

This is going nowhere except the scrape heap.

Everyday I count my blessings that I was switched on (lucky) enough to sell my HBOS shares for 11.58p, yep that's right.
2517

Lloyds faces downgrade by Moody's on CEO Horta-Osorio's absence
Credit rating agency Moody's said it may downgrade Lloyds Banking Group over concern its restructuring plans could be held back by the temporary absence of its chief executive Antonio Horta-Osorio due to health issues.

is Moody short?

No tall, lol. Sorry for the joke. Not much else to smile about at present.

They are dangerous. It did not take them long to think about a downgrade. Lloyds
will get a replacement then I guess a upgrade. They just love it.

Well done George this one is going sub 10p imo.

You wish Mitzy!!! That's a 60% drop. I assume you are short LLOY?
Don't think LLOY exposure to Euro sovereign debt is anywhere near as much as other banks, though quite possibly may get dragged down in the sector.

Back in August I said my target was 6p.

Ireland - from the HBOs takeover?

Thinking it will go to 6p is just ridiculous !!

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8 - pish.

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Mnamreh - er no :-)

Anyone for a double bottom?