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HBOS are they worth 49p (HBOS)     

mitzy - 15 Sep 2008 11:16

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

Chart.aspx?Provider=EODIntra&Code=HBOS&S

The chart looks like one long suicide note.

nordcaperen - 07 Oct 2008 15:35 - 442 of 569

If the short sellers weren't locked out it would be like Mad Max 3 out there !!!! The Country is on its arse - along with a few others ! Its mental, and there seems like there is nothing thats going to change it - think we better declare war on North Korea or Russia to get us out of this mess.

robertalexander - 07 Oct 2008 15:36 - 443 of 569

anyone think i am mad buying HBOS at 122p?

cynic - 07 Oct 2008 15:39 - 444 of 569

not at all ..... LLOY is currently 222, so even if the conversion is dropped to 0.6 = 133 for HBOS

nordcaperen - 07 Oct 2008 15:39 - 445 of 569

Not in the long term - but short term flip a coin!!

nordcaperen - 07 Oct 2008 15:44 - 446 of 569

Cynic - Dont say such things!!!!! My streamings gone down now - I'm off to bed !!

cynic - 07 Oct 2008 15:46 - 447 of 569

and you can now buy HBOS for 116.5 while LLOY is still 222!

nordcaperen - 07 Oct 2008 15:51 - 448 of 569

Lost £2500 on this one since Monday - and cant see the bottom of this one. Bottom drawer job and forget about them !! that burger van seems a good option at the minute !!

nordcaperen - 07 Oct 2008 15:58 - 449 of 569

Looks like she's going below the pound barrier !!! So where now ...............

hlyeo98 - 07 Oct 2008 15:59 - 450 of 569

Bought more HBOS at 106p...discount...ready for a bounce

Guscavalier - 07 Oct 2008 16:02 - 451 of 569

same thing probably attached at the hip by now. Likely that HBOS that is making it necessary. Lloyds may have good hand to play since it was the Government that pushed HBOS towards Lloy. Chancellor meeting BOE and FSA at 5 pm.

cynic - 07 Oct 2008 16:05 - 452 of 569

have also bought a few more at this level ..... confess i am very puzzled by the melodramatic fall, when it is not even HBOS who are even alleged, let alone actually asking for gov't cash

cynic - 07 Oct 2008 16:08 - 453 of 569

only answer might be if LLOY are pulling out of the deal altogether, for LLOY is now at 234.5

Clubman3509 - 07 Oct 2008 16:12 - 454 of 569

Going sub 100

fliper - 07 Oct 2008 16:12 - 455 of 569

wait for 99p .

Clubman3509 - 07 Oct 2008 16:15 - 456 of 569

Cynic is pushing up the price now 102

hangon - 07 Oct 2008 16:29 - 457 of 569

I agree UK Gov. won't let another bank fail - it would be more than their voters will allow.

However, if LLOY does not complete the takeover, I suspect HBOS will fade away, unless the Markets/Housing recovery pretty soon.(-they won't!).

What logic there is for LLOY . . . I don't know . . . .

I think I'm correct in saying, it's the ex-Mutual Banks that have failed - in other words their Execs were in it for the ride . . . .with no concern for the future, ( so it appears).

Dil - 07 Oct 2008 16:29 - 458 of 569

Oi scotty .... how do you explain the price fall as shorting has now been banned.

Maybe it just sh*te like MDX .

fliper - 07 Oct 2008 16:31 - 459 of 569

What price wednesday ?

cynic - 07 Oct 2008 16:37 - 460 of 569

confess i am totally bewildered by HBOS sp collapse, especially as LLOY closed at 231 ...... there is vague talk about gov't taking a stake in (all?) banks, but as the gov't also openly brokered the LLOY / HBOS deal, they would look even more foolish than they already do (hard to believe i know), if they just allowed it and/or HBOS to die.

finally, as HBOS is a very high profile bank, as opposed to a building soc, the gov't really cannot allow it to collapse.

Clubman3509 - 07 Oct 2008 16:41 - 461 of 569

Hope it rises Wed for you Cynic.

Anybody know how safe Nationwide is. Not a listed Company
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