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



The chart looks like one long suicide note.

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.

LLOY and HBOS are now pretty well in line, so nothing worth chasing there ..... RBS is looking pretty sick too, barely holding onto the rights price ..... financials are still propbably the wrong sector to be looking at, though i suppose BARC may show you a profit if you are nimble

Hbos is looking to investors to buy large amounts of stock. Warren buffet is reported to lineing up a substantial amount of funds to buy into hbos as they look cheap at 90p. next move is up and very large move indeed as the dow jones is up over 500 points. 1.87p next step.

as a trade, there is little to no immediate upside with sp now hovering at 90p

shadow - 13 Oct 2008 16:51 - 529 of 530
Hbos is looking to investors to buy large amounts of stock. Warren buffet is reported to lineing up a substantial amount of funds to buy into hbos

Where did you read that.

This deal will ultimately destroy LTSB and then the government will control 75% of the UK banks...... keep the red flag flying lads!

Warren Buffet will save HBOS and make us all rich!

Wall st off 7% its one vicious cycle tomorrow another bad day.

FTSE down 205 at start today things look very bad