mitzy
- 10 Oct 2008 06:29
skinny
- 01 Jul 2013 16:04
- 4409 of 5370
I was having a nice day and you go and mention POG... ! :-)
halifax
- 01 Jul 2013 16:06
- 4410 of 5370
70P by results day?
2517GEORGE
- 01 Jul 2013 16:38
- 4411 of 5370
Who Lloyds or POG?
2517
skinny
- 01 Jul 2013 16:40
- 4412 of 5370
I don't mind POG hitting 70p as long as LLOY do, I have LLOY/POG 100:1.
2517GEORGE
- 01 Jul 2013 16:47
- 4413 of 5370
As a POG holder thanks for that skinny.
2517
Balerboy
- 02 Jul 2013 11:08
- 4414 of 5370
sorry ;)
skinny
- 04 Jul 2013 07:10
- 4415 of 5370
Nomura Neutral 63.37 63.38 45.00 61.00 Upgrades
HARRYCAT
- 04 Jul 2013 13:35
- 4416 of 5370
Strewth! 65p!.....and I'm in profit! First time since..........early 2011.
Acer
- 04 Jul 2013 16:12
- 4417 of 5370
Nice one Harry, must feel good. I need 73p for that feeling. First time since 08!!
skinny
- 04 Jul 2013 16:14
- 4418 of 5370
At the current price I'm up @18% - quite a difference to a couple of years ago.
halifax
- 04 Jul 2013 17:50
- 4419 of 5370
long way to go to reach £6!
Acer
- 04 Jul 2013 18:18
- 4420 of 5370
Bloody hell Halifax, is that your breakeven?!
optomistic
- 04 Jul 2013 18:41
- 4421 of 5370
And I thought I was badly done to with 109p!
Balerboy
- 04 Jul 2013 21:35
- 4422 of 5370
I want 123p but i'm including my losses on hbos, so we're half way there.,.
Acer
- 04 Jul 2013 23:17
- 4423 of 5370
I expect there are some Widows and Orphans waiting for over £3, so at least Baler, you can see the sun coming over the horizon.
skinny
- 08 Jul 2013 15:27
- 4424 of 5370
Lloyds shares hit two-year high on overseas buyers' interest
(Reuters) - Lloyds Banking Group (LLOY.L) shares jumped to a 2-1/2 year high on Monday as overseas investors stepped up their interest in buying part of the bank, with media reports suggesting some may want half the government's stake.
Former Standard Chartered (STAN.L) chief executive Mervyn Davies is talking to others about forming a consortium to be an "anchor" or cornerstone investor in part-nationalised Lloyds which the government is planning to sell, a person familiar with the matter said.
ahoj
- 08 Jul 2013 16:01
- 4425 of 5370
Is RBS going to follow?
HARRYCAT
- 09 Jul 2013 08:49
- 4426 of 5370
68p!!!! If it doesn't slow down a bit I might soon be into CGT territory!!! ;o)
skinny
- 09 Jul 2013 08:51
- 4427 of 5370
I'm now +27% here and fighting the urge to sell some.
HARRYCAT
- 09 Jul 2013 09:48
- 4428 of 5370
LONDON (Reuters) - The private equity arm of Lloyds Banking Group is targeting a record 400 million pounds worth of deals this year, extending one of the last bank-owned buyout firm's reach into the UK market.
Lloyds Development Corporation (LDC) has already splashed out more than 200 million pounds this year across 12 deals including Indian tonic water brand Fever-Tree and security bollard manufacturer ATG Access, a success rate that equates to one in every 13 UK buyouts completed so far.
LDC, which backs medium-sized companies, typically with between 2 million and 100 million pounds in equity, is now looking to break a spending record for new investment set in 2011 when it spent 360 million pounds.
Unlike rivals, which have cut the number of deals struck since the financial crisis, the firm has ploughed on with dealmaking to take advantage of what it says are low prices and a rise in the number of management teams looking for an exit.
"We would do more deals if we could. Some of our best returns have come from investing during the downturn," Chris Hurley, one of the firm's regional managing directors, told Reuters.
Lloyds had once been tipped to spin-off LDC, following rivals like HSBC and Barclays in exiting their private equity businesses, as part of a broader plan to shed riskier assets and shore up a balance sheet damaged by the financial crisis.
But LDC remains a core part of the bank - in 2011 it handed the parent 136 million pounds in profits, up from 69 million pounds in 2010.
While competitors have to battle with raising funds from external investors, restricting the number, size and timing of doing deals, LDC raises all its equity from its banking parent.
In the past, this has irked rivals who claim it can be difficult to compete, particularly if LDC has access to cheaper equity funding from its parent, although the firm goes to the market for its debt finance. Hurley disputes this and says LDC is judged on its returns just like any other firm.
Four-fifths of its activity this year has been sealed via its regional offices outside of London, but LDC is keen to spot - and win - more opportunities from Lloyds' vast branch network, which currently serves up just a handful of deals each year.
Once a company is under LDC ownership, Lloyds can also pick up lucrative traditional banking business like providing loans at a time when British banks have been criticised for not lending enough to small and medium sized enterprises (SMEs).