All these banks shares are far to volatile at the minute - there up and down like a Brides Nighty, Its O.K if you fancy day trading but I'm leaving well alone. 80p tomorrow at this rate ---- Scary stuff !!

When Tories come to power, Lloyds Banking Group will be demerged by George Osborne. This is not a nice sight for LLOY.

I have this nightmare that Brown will hang on in power until the last possible minute, by which time many thousands of jobs will have been quietly lost in Lloyds/HBOS, 2009 will have been used to clear out any final large corporate loan rubbish and it will be clearly demonstrable that the ongoing Lloyds Banking Group will make a great deal of money from "basic" banking. In the run up to election day, Brown will then release plans to sell the government stake at a profit and find himself re-electable. As a long term holder in LLoyds, currently at significant loss, I may be biased a bit, but I believe they will become extremely profitable in other than the short term.

More likely Lloyds will sell/dispose of parts of HBOS which don't contribute to the synergy of its core business.

Director Deals - Lloyds Banking Group PLC (LLOY)

Timothy Ryan, Non Executive Director bought 20,000 shares in the company on the 19th May 2009 at a price of 94.60p.

NOTE: Purchased jointly with wife

hlyeo98 -

re - shit hits the fan



Are you running for cover or just tissing?
shit is going to be found on trying hole 19

Especially if made by " hlyeo98 " had -its - fingers burn at some stage, so "sour grapes" must be the case for the outburst now.

LLOY 100.30p

OPENING PRICE for tomorrow after going X - placing?

As the price finished about 3p lower than earlier calculation below is the new opening price for tomorrow morning, provided - WALL STREET - does not move to wildly to any side.

At todays closing price UT 100.30p (spread 99 / 99.20p ) that will mean the shares should open tomorrow morning at 76.54p - X placing

EXAMPLE
one have
1000 share @ 100.3 = 1003
entitlement
621.3 shares @ 38.43p = 238

total 1621.3 shares cost 1258

1241 : 1621.3 shares = 76.54p when going X placing

lol at master RSI......however, i have to agree your comments re hyleo.....he also got another major company totally wrong in last couple of months and hasnt been back on that thread since......he just appears when share price goes down a lot.

hyleo is sort of person that would rob a guy lying on the street after someone else has beaten them up.

Lloyds trails rival banks as analysts weigh in

By Nikhil Kumar
Wednesday, 20 May 2009

Lloyds Banking Group lagged behind its UK-focused peers last night, as brokers analysed the potential implications of the bank's plans to redeem Government-owned preference shares. Like other lenders, Lloyds has been on an upward trend, with its shares climbing by more than 40 per cent since the beginning of last month. But the tide may turn, if analysts at SociGale are correct.
The broker, which maintains a "sell" rating on the bank's stock, said the completion of the placing and open offer was likely to mark the removal of the "final potential positive catalyst" for investors. Following the transaction (the new shares are likely to begin trading in mid-to-late June, according to the broker's estimates), the fundamentals are likely to hog the spotlight ahead of the bank's half-yearly results in August, which SocGen warns may be disappointing, both on account of revenue momentum and bad debt impairments.

Separately, Exane BNP Paribas said the terms of the transaction discounted the potential for windfall gains for institutional investors. The key here is the removal of the excess application facility. When the open offer was first announced in March, there were no plans for a rump placing and any unsubscribed new shares were to be made available through the facility, Exane pointed out yesterday.

Some retail shareholders were expected to miss out on their rights, despite the compelling economics caused by the recent strength in the Lloyds share price, leaving extra stock for institutional investors, who were expected to pick up the leftovers by tapping into the facility. "Cancellation of the [facility] removes the source of windfall gains," the broker said, labelling the revised terms a disappointment for those who were hoping to accrue gains at the expense of passive investors.

I didn't expect it to fall so much today. There was no time for investors to buy the shares, someone is going to gain a lot - but who is it?

Institutions my friend - will make a killing in the long run. Probably worth a punt for the long term. When the dust settles and 1 or 2 positive statements come out be back up around the 1 mark. Personally, think there are better opportunities elsewhere. Surprised Barclays didnt take a knock on effect - seems the Banks are holding their own at present.

Business Financial Newswire
"Banking group Lloyds is giving shareholders until noon on 5 June to decide whether to take part in its placing to redeem the 4bn preference shares held by the Treasury.

Shareholders will be able to subscribe for 0.6213 new ordinary shares for every ordinary share held at an offer price of 38.43p a piece.

Any shares not taken up are expected to be placed in the market by the joint bookrunners - Citi, J.P. Morgan Cazenove and UBS - at the conclusion of the open offer process at a price not less than the 38.43 pence offer price plus associated placing expenses. "

really basic question.....how long do those with sharper brains/insight then a true blonde think it will take for lloy to recover to lets say 100p.......

watcher

Considering the Market is down today the shares are performing just slightly down from the calculation X - placing
closing yesterday at 100.30p when the spread was 99 / 99.2 so the real calculation should be on the spread instead of UT, on doing that the opening should have been 75.80p

HOW THE OTHER BANKS ARE PERFORMING TODAY

Reaching the conclution that in fact LLOY is performing just like the other banks

CLOSING PRICE yesterday after X - placing 75.80p

now 73.50p - 2.30p

        MIDDAY MARKET REPORT

Among the bankers, Lloyds tumbled 27.2p to 73.1p as they turned ex-entitlement, ahead of the expiry of the placing and compensatory open offer.

Others in the sector followed the trend, with Barclays off 10p at 284.75p, HSBC 13.5p lower at 561.5p and Royal Bank of Scotland down 1.3p at 41.8p.

Hell of a lot more buys than sells as well - Institutions filling their boots.
I used to work on Rbs half the price of Lloyds, Lloyds one third the price of Barclays. Worked well when day trading in the past - Gone out the window today !! But it'll get back to about the same levels in a couple of weeks.

Wow! LLOY certainly look very encouraging. Going the right way 4 me.
71p now.