"Retail banking is the most profitable banking activity"
Sorry, but I also disagree. Investment banking has, I believe, always outstripped retail in profitability, even though the retail side might be more stable & established.

i agree with your comments, hangon.

i think halifax is deluded by fact sp is going up for brief period and he thinks the coujntry is fine......in fact, uk is in a horrendous position economically whether its long term unemployment, companies not being able to invest for future (partly due to taxation), huge huge debts etc etc.

it will take a decade to sort the mess out at least and thats with good people at the top (unlike at present).

The chart seems to say other wise - we have a positive MA - IMO

The trend is up -

say that to people that bought at 9 quid a decade ago!!

Sounds like sour grapes to me hangon, sold early, missed bonus at 38p....... so those who invested at 9 were reckless anyway or greedy, those of us in at 5 won't have so long to wait, nearly 150% up on the share issue. If barclays investments made 8 Billion profit, and lloyds follow suit, they've done ok with a 4 billion loss, could have been a lot worst. On ward and upward and wait for the next trading statement.

5........lol.....u will have a longgggg wait

the people that invested then at 9 quid didnt realise stalin brown would bring uk to its knees with bigest financial disaster ever in this country with hugeeeeeeee debt

Just got to break this 100 resistance !!

Not long marni.... on it's way :)))

Usual surge of people realising they may be missing out and jumping on board, this could easily jump too high too soon now and get sold back-down, watch for the day traders buying and selling volume. Will have a life of its own now, be traded on the swings, long-term what do we think though seriously?

I tnink it will get chased up over the next 6 months.

I think we heading over a 1 and trade within a new range

feel sorry for chen and his shorters!

I think those guys hedge their bets. Would be too risky to leave themselves open to huge swings.

no matter they got it wrong! LLOY will be a multi bagger within the next 3 years.those who had the guts to take up the new shares at 38p are laughing all the way to the bank!

Halifax thats a fact!! hankies out for Hangon...:((( not having a go, lol

10 new shares at 38p for u then halifax, lol........dont put it in halifax in case its nationalised

sour grapes marni missed the boat again.

>>> laughing all the way to the bank!

I am BIG way, and yes I took the 38p offer

104 and still rising......