Are you still holding on skinny? Struggling to get beyond the 36p level atm.

Yes - for better or worse atm.

lloys have put out the info about bonuses to cover up the very bad news about to come out more W/D i expect

We should consider that some of the financial services that Lloyds provide is unique. And there is little competition around the world.

The company is undervalued by miles...

The cut in bonuses help other directors act more decisively and look after the business more carefully.. The results isn longer term is 100s of million pound rather than the £1M.

1p down today!

We are all well aware that the banking system is a mess hence shares at .36p. My view for what it is worth is that as a long term investment there has never been a better time to buy in. There are probably clever pundits out there who know better but that is my view.

Prefs moving up. Does the market think the pref dividends are about to be restored?

I thought they had been? Preference Shares

Most have had a good run of late in anticipation.
LLPE LLPC

I hope they do not restore dividend so soon.
they should invest while everything is cheap. imo

Thanks for the link Skinny. I think it says, in essence, that there is no longer a ban on paying the dividends but not that they are necessarily going to restore them. LLPE yield is now 8.4 pc - if it's paid. Should have bought a week ago when it was nearer 10 per cent!

the board of lloys are taking the piss out of investors and customers
3.2b lose on ppi and they take back 1.5m what a bloody joke daniels still walked away with golden parachute and a nice pension pot like the rest of the board
the only losers are the holders . as for the chairman he should of been sacked the day before he was taken on he is a joke

They took the risk, but have not stolen the money.

I think, the cut in bonuses help other directors act more decisively and look after the business more carefully.. The results isn longer term is 100s of million pound rather than the £1M.

not with a sick CEO who is useless

Kevin - I missed entry points on LLPC, LLPE & BBYB, even though they were on my list. I have GACA & GACB and I'm also after SLI - have a look at GLIF.

Skinny - My best holding is in NWBD from way back and, although now a little over par, is still appealing . Like you I have some GACA and I'm toying with CPBC. GLIF looks a bit esoteric. I'll check it out overnight.

i hold LLOY for the long term. is there any merit to buying LLPC/LLPE for the same long term hold or would it be more prudent to buy more LLOY as they are cheaper?
anyone care to voice an opinion.

Alex

gone from 3.2b to almost 4b for ppi and still more claims to sort out

Kevin - I have LLPE as ex dividend today (22/02).

Tanker,
We should ignore PPI and move on. 90% of it is done.