Thanks,

These are old stories, being dealt with, now being repeated.

UBS opinion is "pot calling kettle black".

Has been weak today as well. While every other bank is stable or on the rise.
It should change soon, IMO.

Reasons why please ahoj?

your beginning to sound much like cynic these days stan :)

.. You sure BB? -):

Lloyds Banking Group Plc (LLOY)’s plan to pay a first cash dividend since its 2008 bailout has sparked a dispute with regulators, the Sunday Times reported, without saying how it got the information.

The U.K.’s Financial Services Authority is threatening to block the payout to shareholders because the authority wants the lender to preserve its capital to protect against a possible breakup of the euro area, the newspaper said. Lloyds plans to pay the dividend in early 2014 from earnings generated in 2013, according to the report.

.....

So the government will get a divi in addition to the interest on the original bailout loan. Win, win for HMG.

Another try @40p.

A close above 40p (40.32) 12 month high is 40.93p

wow onwards and upwards only another £5 and some will get their money back!

Some already have!

Currently 41.6p, well above 12 months high.

Michael Helsby at Merrill Lynch, ahead of Lloyds Q3 numbers on 1st November.
Lloyds releases 3Q12 results on 1 November. We are 4% ahead of U/L PBT consensus for FY12 and will be looking for evidence of NIM improvement and stabilizing core loan growth. We reiterate buy. For the numbers, we forecast £2.6bn NII, £2.0bn other income, total costs of £2.4bn and bad debts of £1.6bn (2Q12: £1.5bn). See Table 1 for a rec. between U/L, Mgmt and Statutory PBT.

When Lloyds presents its results, the positive funding backdrop accompanying the FLS will have been in place for several months. With Lloyds guiding towards a FY12 NIM of 193bps, it is reasonable to expect that the 3Q margin is higher than the 191bps reported in 2Q12 (whereas consensus has it flat to down). Equally, Lloyds has bought back c £8.5bn of debt YTD, with an estimated 2013 NIM uplift of ~5bps. Given the recent FSA changes to liquidity pool requirements, solid deposit growth and non-core run-off, how the shifting funding mix will impact NIM in 2013e will be a key question at the results, in our view.

Lloyds Core loan book has declined from £454bn in 2010 to £428bn at 1H12. Management is guiding for this to bottom-out next year. With the SME loan book already growing, Lloyds is looking for large corporate to stop shrinking in 2H12.
We will be looking for an update on these trends at the 3Q12 results.

We forecast Non Core assets of £114bn (1H12: £117bn). RWAs of £327bn, vs £332bn as of 1H12. This implies a core tier 1 ratio of 11.4% (1H12: 11.3%). Given recent focus on UK bank capital levels we would expect Lloyds to reiterate its goal of being prudently in excess of 10% Core Tier 1 when transition starts."

StockMarketWire.com
Investec has downgraded its recommendation on Lloyds Banking Group (LON:LLOY) to "sell" from "hold" ahead of the banks third quarter interim management statement due to be released on 1 November. The City broker has left its share price target unchanged at 36 pence. Analyst Ian Gordon commented: 'Lloyds is due to release its third quarter interim management statement on 1 November 2012. We are anticipating an underlying profit before tax of £0.6bn, with Net Interest Income £2.6bn, Other Income £2.0bn, costs £2.4bn and impairments £1.6bn. This equates to a Management profit before tax of £0.7bn, subject to quarterly fluctuations in a number of volatile items. After a net £0.6bn charge for exceptional items we expect a reported profit before tax of around £0.1bn, and an earnings per share close to zero our estimate is 0.04p per share. Our 36 pence target price remains unchanged, though with 16% absolute downside [to the current share price] we downgrade our recommendation to sell.'

Merrill Lynch is right, ignore Invested.

Is it not amazing how two respected brokers have such differring forecasts one or the other is going to end up with a omelette facial!

guess we know Investec and their clients are short LLOY.

Credit Suisse has maintained its 'neutral' rating and 31p target price for UK banking group Lloyds ahead of its third-quarter results on November 1st.

With the stock trading at 0.6 times 2013 estimated tangible net asset value (tNAV) for a 5-7% return on tangible equity (RoTE), the broker reiterates its 'neutral' rating "but believes that given recent strength the stock should give back some of the gains".

"There is a still a long way to go, although the group has made good progress in restructuring and improving its funding profile."

Are HMG lending out our shares?