Today they have fallen 22% to a new low of 223p ..are they another Marconi..?



The chart looks like one long suicide note.

as you said ..... just pulled from cnnfn.com site ...... AIG: keeping core property, casualty insurance business and seeking buyers for other units. Wells Fargo, Wachovia to merge.

Also BOE collaterol auctions opened up

I think it is a good time to let go at 202p before the weekend as anything can happen. Market too volatile.

taking a profit cannot be wrong and i have just closed another 50% of my holding at 200 .... if i wanted to play that game, i think the last portion actually stands me in at zero

I sold at 1.97 - thinking should I get back in ?????? First Hurdle been passed in America, so should be done and dusted tonite ....... or will it !! choices,choices :-) Playing with profits, but still dont like losing, see nearer end of day (20 mins)

no .... work out the upside potential, so prob getting a bit tight ..... good chance that Dow will boil over after the initial surge following the (positive) vote, so cheaper way in may be tomorow morning if you so wish.

just noticed i obviously qualified for 393 freebies .... lovely jubbly! = an additional profit of near enough 800

hows that cynic - (the freebies) - what have i missed

Sod it - back in at 2.00, I still think they should be nearer 2.40 mark so upside potential is huge, probably that'll be the kiss of death!! But in for a penny in for two pound !

apparently free share issue on 1st October in lieu of dividend .... i failed to notice.

post auction price tonight = 191.80, so it'll be interesting to see at what price it opens tomorrow


whoops! ..... in all today's excitement, i forgot tomorrow was saturday!

Where is the free share offer in lieu reported - I didnt see it ??
knew it would be kiss of death if i jumped in!! Still confident of a rise though next week

rumour that lloyds is pulling out...could open sub 100p monday

an interesting little calc for you all .....
at tonight's close, LLOY was 290 and HBOS 192.
if the offer stays at 0.83, then the conversion is 241
if the offer is dropped to 0.61, then the conversion is 177

Cynic

They are still in auction. It lookslike the price will be closer to 2.

Yep - out of auction @200.5

rumour that ING are in the running with Santander ........ could open 400p Monday
throw a dart at the horses running tomorrow and back the one it hits - about as much chance of predicting these markets :-)

Well bugger our Nelly - after price monitoring extension, the little beauty has jumped back over 2.00 mark - See what Monday brings ???? Still cant find no reference to shares in Lieu Cynic

yup, you're right about final auction price at 200, though LLOY still finished up 290

i see maestro has jumped in with his usual load of absolute bollocks.
assuming the vote goes through tonight, i would be very surprised if LLOY could justify dropping their price, and given the gov't backing, i think it might also be quite difficult for any white knight to get in the lists for a joust.

nordcaperen

I had a note from my broker telling me about the share issue in lieu of div. I'll post it shortly.

£ 2.40/41 at .833 - be very nice, mind you probably be more by the time its goes through - Cant see these two falling back unless something major happens. Both been at big discount to both Barclays and HSBC over last couple of weeks, and combined will be worth a lot more than Barclays. Still think Hbos was stolen for a song - and things would have panned out different if people acted sooner (Mr Brown !) . The people I feel most for are the B&B holders, thank god I sold on the Friday !! I think its totally unacceptable for the shareholders to get zilch and how nobody as kicked up a stink I'll never get my head round. All eyes on the yanks tonite though.
Kimoldfield - appreciate that, I might be in for a few myself with a little luck !!

Thought maestro once went bust when he was trading on E*Trade a few years back, maybe a different Maestro, woh spouts same old bollocks :-)

Edit

Oops, that didn't work! I've posted the link to HBOS instead.
http://http://www.hbosplc.com/shareholders/CapitalisationIssue.asp

I confirm what my broker has told me; the ratio is as I posted previously, 1 additional share for every 38.2207578 shares held.

Hope you qualify nordcaperen!