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



The chart looks like one long suicide note.

Sell as soon as ye can the Lloyds deal is terminated... sp 49p tomorrow.

how come if gov funding will be at least what lloyds offered. lloyds were taking the pee at time and its obvious they dont have much capital either as they r struggling to do deal.
hbos are selling oz counterpart and with gov funding and more than 5 billion profit they will be fine

www.netcastdaily.com/broadcast/fsn2008-1011-2.mp3

listen to above link.......its scary.

ok, it talks about usa corruption......but uk has lot of corruption too esp in last decade with this globalisation.

guy says it will take MINIMUM OF 40 YEARS TO IMPROVE.
he says it will be WORSE THAN 1929 DEPRESSION.........AND THAT WORLD WAR 2 WAS REQUIRED TO IMPROVE THAT.

also naked short selling was bringing down the system similar to now like 1929......and that traders dont trus each other similar to inter-bank lending which is non-existent right now as there is NO money market.

WE NEED A MAJOR WAR RIGHT NOW!!!!

Good that HBOS can go it alone with share holders benifiting

Reuters now reporting that the deal with LLoyds is still on!

my guess is that the 0.6 conversion will now be formally placed on the table

Don't get too dramatic.

WW2 has already happened and the likelyhood of it happening again are nil.

WW3 may be a different matter.

of course ww2 is over.....doh.

yes, lets bomb russia or iran.....or both!!!

In the words of the late Kenny Everett,

"Major General Hiram B Bombthebastards".

Seriously I dont think HBOS need the takeover any more.

i agree poo bear......why bother with a poxy 10 billion or less from crappy lloyds.

i remember kenny ev. in mrs. t party conference saying "lets bomb russia"with his big hands

Radio 4 just said deal with lloyds is being re-written 0.83 -> 0.605

Yes. Has just been announced to the market

HBOS = +/-90p
LLOY = +/-175p

therefore HBOS currently at a discount of +/-15p to the offer price.
if you think LLOY is going to stabilise or even improve from thjis level, then HBOS is quite a good buy - but is there any hurry?

Yes, it is so....0.605 down from 0.83 (Huxley said).
DYOR:-
=but before this,if no-one takes up the 113.6p "open offer" the Treasury will buy HBOS new shares - - - then the LLOY merger can go ahead, presumably. With HBOS abt. 95p, it is unlikely anyone will!!!
[except that new shares are more valuable in the ratio58/42 (approx.factor 1.3866)], so 96p is really 1.33, so I guess current (=old-HBOS), needs to fall below 82p to show an advantage.
. . . . . . . and it looks like the "new Group" will be owned as follows -
Old HBOS will own . . 20%
Old LLOY will own . . . 36.5%
HM Treasury . . . . . . . 43.5%
(see RNS)
-oh and Hornby and Stevenson are being kicked off.......will they ever work again?
How the Mighty have fallen - HBOS, barely 20% will hold any value . . . .Ooo-er

Ah, but - will this do the trick, -or will folk sell New-LLOY like they have the plague . . . ?

Ifs, buts and maybes.. I love it -):

but they are definite maybes!

If you say so -):

Still not a buy and the same applies Lloyds.

Money to be made with other stocks less volatile, and without making your heat rate increase.