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Bah Humbug!!!!!!!!!! (HBOS)     

stockbunny - 15 Dec 2004 15:07

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!

:>)

mitzy - 15 Sep 2008 09:50 - 46 of 48

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

hangon - 15 Sep 2008 11:18 - 47 of 48

(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.

mitzy - 15 Sep 2008 11:50 - 48 of 48

They have gone.
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