It's S*ds Law I suppose, that one of the few shares I still hold
on Ye olde Paper has taken off this week! So near Christmas with
warnings galore about simply trying to get a card from A to B in time
I'm hardly going to risk a T7 transaction with paperwork going back
and forth between me and the broker - not with the bulk of England and a
tiny bit of Scotland between us anyway!

Am I going to moan about the postal system now?
Well, it would be tempting lets face it LOL

Ears crossed for HBOS to hold it's rises into the New Year when the
bunny can seriously contemplate realising her paper profit!

:>)

hbos tipped as buy by observer yesterday

Fundametal to the sp issue is what will HBOS do with this money - er, that they didn't do before. It was they that lent recelessly, such that there was insufficient margin/equity present.
HBOS wasn't the most-reckless; but that's hardly any comfort to holders.

The top-bods messed up and I wonder that we should put good money after bad.

if u read what i typed before......hornby doesnt hold down any job for any length of time....i think that tells its own story....and he's in big financial world with big boys now and seems to be drowning.

also rest of board are all halifax and have no banking experience.
whole board need to be sacked 1st with good management put in place before anyone can put money in with confidence.

i also think hornby is a devious git, i certainly dont trust him

cheers.

sp down more?

I have a feeling its going down to 200p or less.

(News: Lehman Bros US-woes affect most UK-Banks today!)
HBOS is "below" its low of a few months ago - when all Banks dipped down. So (presumably) that signals what folk think.

Look at other Banks ( Although strictly HBOS is really a Mortgage-provider - hence their woes are "worse") - and you'll see there is some recovery from those lows - not a lot, but some. Presumably this is because they can make money elsewhere, even Internationally so profits should not fall too far, once confidence returns.
[[LLOY has C&G, but their lending was more-robust, and I feel it's a smaller Operation and being "part-of" LLOY the effect is MUCH less...er, IMHO]]

With HBOS their woes are on a 25-year Term (as it were!). So much more difficult to wriggle-free. In good times HBOS did well with folk paying rates+ for B2L and other housing-related wheezes.
This is Mortgage retractment time - - - - - ooo-er.

They have gone.