Taking up the rights issue at 38.5p is now looking to be a good call for all those that did.

lol..........u must be joking as the poor sods that did have lost all their wealth by having the initial shares.

halifax thinks this will rocket......lol.....no chance.

if this is 6 quid in even a years time, i'll streak down the street........thats how condident i am that lloy like all banks are knackered

I hope you are going to give us all advanced warning which street corner to stand on!

Would you really want to see all that hanging out??????:((

marni

Are you out? .... YES>>>>>>>>>>>>> someone would say: get lost to the shares thread ...RBS that you said would buy on selling LLOY.

Why?
You are acting like those that once sold become negative, so not worth posting.
The shares are reaching new highs since the 61p end of RI.

Talking nonsence ... YES

re - lol..........u must be joking as the poor sods that did have lost all their wealth by having the initial shares.

I and many more bought the shares when prices where 40's to 50's

Has reached 79p today

and "marni" sold long time ago at lower prices ( wanted 10% ) but could not get it
must be a bit of "SOUR GRAPES" now by the way is talking.

i know you been putting loads of effort on this share.......and probably huge speculation......where do you see this recovering to.........

i dont have these master.

i only said the people that bought at 38p were the poor sods that had tonnes of shares in 1st place for them to be in rights issue for shares.

oh and try not to be so insulting cos someone thinks lloy is crap......and it is!!

Sp for the rights Issue was approx 95p, being the date on which you had to hold the shares to qualify (20th may). The rights were bought at 38.5p, which have now doubled in value & the sp is only 17p (approx 18%) from the 95p original price.
Even if holders bought their shares a little above that price, profitability is not far off. Also there was a free issue on the 9th may (1 share for 40 held) so they are a free ride.

what about long term holders who are majority with banks who bought at 6 over last decade and beyond......ouch

Wouldn't it be nice to see 80p around 4pm just a glimpse.......

why

I'm not greedy, a touch of 80p for today, then 85 and upwards to a pound next week. hello!!

marni

Insulting -- >> lloy crap

Is all over your face ( the crap and the egg )........ for missing the last rise

edit : you sound like - hlyeo98 - lately the person you used to love/hate, most likely you have join the same party ( and have not even realised )

LLOY and BARC are neck and neck during the last month RBS is lagging but LLOY is leading on the 2 month chart

And reaching 81p that is 3p better with the market slightly down, certainly this is positive

100p now sayS NOMURA .........

Lloyds Banking upgraded to buy from reduce at Nomura, target price increased to 100p from 58p.

BREAKING NEW GROUND and into 82p a few minutes ago

Charts are looking very positive

New Chairman. Is he a WINner?! ;o)

73/09 27 July 2009

LLOYDS BANKING GROUP APPOINTS A NEW CHAIRMAN

Lloyds Banking Group is pleased to announce the appointment of Sir Win Bischoff as Chairman, following the decision earlier in the year by Sir Victor Blank to retire. Sir Win will take up the position of Chairman of Lloyds Banking Group from 15 September 2009.


Sir Win Bischoff is a senior banker with many years experience both in the UK and overseas. Sir Win spent most of his career with Schroders and was appointed Chairman of that company in 1995. Following the acquisition of the Schroders investment banking business by Citigroup in 2000, Sir Win assumed the role of Chairman of Citigroup Europe and was a member of The Management Committee of Citigroup Inc. He served as Chairman of Citigroup from December 2007 until early 2009.

Sir Win was appointed following a comprehensive search process. Sir Julian Horn-Smith, one of the Group's senior non-executive directors, led the process, supported by a committee consisting solely of other independent directors and with assistance from executive search consultants JCA Group. A number of candidates from the UK and overseas were interviewed by the committee and the decision was taken by the Board, on the recommendation of the committee. The board, led by Sir Julian Horn-Smith and Lord Leitch, the Group's Deputy Chairman and Senior Independent Director, also consulted with its major shareholders, including UKFI. The FSA has approved this appointment.

Sir Victor said: 'I am pleased to hand over to Sir Win Bischoff following his appointment as our next Chairman. Sir Win has a wealth of senior banking experience which will be very valuable to the Group in the future as the two banks are integrated to create the success the board envisages.'

Sir Win Bischoff said: 'Lloyds Banking Group has a proud history and an excellent customer franchise, and I am both honoured and pleased to accept the Chairmanship of its board. Short-term we face many challenges but, in the longer term, the Group is well positioned to deliver significant benefits to its customers, shareholders, employees and the public.'

Eric Daniels, Chief Executive, Lloyds Banking Group, added: 'Sir Win brings great knowledge and insight to the Group as we build the UK's leading financial services provider and I look forward to working with him. The board and I are immensely appreciative of the leadership and vision Sir Victor has provided during a time of great change for the Group and the financial services industry in general.'