Thanks Skinny. All a bit fluffy but perhaps will give a final push to ensure a successful placing.

likely placing of first tranche @ 80p.

Deutsche Bank Buy 0.00 72.00 77.00 Retains

Citigroup Neutral 0.00 70.00 80.00 Reiterates

JP Morgan Cazenove Neutral 0.00 65.00 77.00 Retains

15 bob!

(Reuters) - Lloyds Banking Group (LLOY.L) Chief Executive Antonio Horta-Osorio told potential investors that he expects to see up to 70 percent of the bank's earnings returned to shareholders by 2015, the Financial Times reported, citing sources.

The dividend target was revealed during recent shareholder roadshows aimed at attracting investment before the British government sells its 39 percent stake in Lloyds, the FT said on its website.

The government could sell a tranche of about 5 billion pounds - or a quarter of its stake - to institutional investors, such as pension and hedge funds, this week, sources told Reuters on August 1.

Shareholders have not received a dividend from Lloyds since its ill-fated rescue of rival HBOS in 2008, when it was bailed out by Britain and ordered to halt payouts.

sp 77p rising brokers raising their TP's one to 100p.

Which broker?

RBC and UBS.

Thanks.

UBS. Buy. 77.08p. 72.00p. 100.00p. Reiteration.

Crossed posts.

Is that a charting term? ;o)

Exane BNP Paribas Outperform 73.47 73.47 - 85.00 Reiterates

Morgan Stanley Overweight 74.02 74.02 70.00 93.00 Upgrades

Santander Buy 74.64 74.02 - 76.00 Reiterates

Lloyds receives $900 million bids for Australian operations - WSJ

LONDON | Tue Aug 13, 2013 10:13am BST
(Reuters) - Britain's Lloyds Banking Group (LLOY.L) has received indicative bids for its Australian asset finance and commercial lending units that value them at more than 1 billion Australian dollars (£590 million), the Wall Street Journal reported late on Monday.

The part-nationalised bank is preparing to exit the Australian market as part of a turnaround plan to sell non-core assets and focus on lending to British households and businesses.

The British government is also preparing to sell its 39-percent stake in the country's largest retail bank.

3 year high @77.21.

Lloyds readies sale of German insurer - source

LONDON | Mon Aug 19, 2013 12:09pm BST
(Reuters) - Lloyds Banking Group is readying a sale of its German life insurance business, a source with knowledge of the matter said, as the British state-backed bank exits overseas markets to focus on lending at home.

Lloyds could raise around 400 million euros ($533 million)from the sale of Heidelberger Leben, the source said, with German reinsurer Hannover Re tipped as the most likely buyer.

The government is preparing to start selling its 39 percent stake in Lloyds, acquired as part of a bailout during the 2008 financial crisis, after the shares surged above its breakeven price of 61 pence.

readying? Is that one in our Oxford Dictionary.

ED: Are yes just found it.

Maybe "Ah, yes" might get OED approval