itlloks like sky as nowgot the news thati gave out monday on here

lol , second cartoon is quite funny.

MRSI,

Your attempt at humour reveals more about yourself than Dil.

Keep that standard up and you could join the crazy gang!

If the news are correct, then is good news for the shares as the high cost for the APS 16 billion fee,
could be safe for paying the Goverment DEBT...........


Lloyds Shares Edge Up After Report Of GBP15 Billion Cash Call

LONDON -(Dow Jones)- Shares of Lloyds Banking Group PLC (LYG) rose early Thursday in a sharply higher overall market after press reports that the bank is looking at raising GBP15 billion to exit the government's asset protection scheme.

At 0705 GMT, Lloyds shares were up 2 pence, or 1.6%, at 97 pence, while the FTSE 100 index was up 1.2%.

A Financial Times report said that Lloyds and its advisers have begun sounding out investors about the capital raising. The move, if successful, would be the biggest rights issue in the U.K., beating the GBP12.5 billion raised by HSBC Holdings PLC (HBC) in April.

The U.K. government, which owns a 43.5% stake in Lloyds, "is understood to be supportive and would be likely to subscribe to the rights issue, meaning it could inject up to a further GBP6.5 billion of public funds," the report said.

It cited an unnamed source as saying that Lloyds was due to present a detailed plan to Chancellor of the Exchequer Alistair Darling in the coming days.

It said a transaction, which could involve the issuance of new preference shares and common equity, would be launched toward the end of October or early November.

The Financial Services Authority was reportedly studying the plan. An FSA spokeswoman declined to comment early Thursday.

Lloyds said Sept. 18 that it was still in talks with the Treasury about possibly joining the APS but added that it was considering alternative moves that might lead it to insure fewer assets than the roughly GBP250 billion it agreed in March.

The APS was designed to insure banks' so-called toxic assets, and Lloyds agreed to join in exchange for a nearly GBP16 billion fee and a larger government stake earlier this year.

Oriel Securities said an equity raising would avoid the participation fee. "However, a capital raising without the government asset protection scheme may not be entirely acceptable to credit rating agencies, regulators and wholesale money markets."

Oriel kept its reduce rating on the stock.

A Lloyds spokesman said: "We don't comment on media speculation. We issued a stock exchange announcement two weeks ago and our position hasn't changed. We have a number of options available to us and we continue to review them."

Fredy

re - Fred1new - 07 Oct 2009 17:26 - 979 of 984
MArni,
If you don't wish to read MRSA's postings, Squelch him. Very satisfying.


As I thought you are a BIG LYAR aswell as the rest on the funny pictures show
saying something and doing otherwise, very satisfying for me to get the PROVED on the post above 983.
( Where is the Squelch you were saying?)
Caught with the trousers down, I hope you were not waiting for "Dil" to finish.

I put YOU on the LYING B#stard list.

i am a LYER.....i really am a LIAR........lol who is this moron who cant spell, did he ever go to school

now now children, any chance of some Lloyds discussion ?

I dont see any reason to own at the moment - there'll be plenty of shares around to buy in the near future, probably back down at 60p.

the non- participation in the govt scheme means much greater risks for the company, IMO, there is a ton of dodgy stuff hidden in the HBOS filing cabinet which shareholders will have to cover

and we still dont know how much the EU is going to get involved re disposals, dont forget the combined group will be fairly dominant in several product areas

the lier / lyer now says sp is under 93p......thats 15p at least since most on this thread advised you to sell......unfortunately your arrogance keeps holding and your little profilt is draining away.

yes, stay from lloy for long time i say

they need good management too

dealerdearlooks like the Master might have dealt you a bum hand

is that literally?

BOE hold rates at 0.50%

i see you still struggling with keyboard mrsa

re -"marni" struglingt o get it



It is obvoous no interest talking about LLOY, the COW sold at 66p and now only nagging why sold so early

anything is better than a racist!

go back to argentina

Lloyds mulls asset scheme exit

LONDON (Reuters) - Lloyds Banking Group said it was still assessing ways to exit or reduce its participation in a state scheme to insure its toxic assets, after reports it plans to raise 25 billion pounds.

The part-nationalised bank will struggle to leave the asset protection scheme (APS) altogether and a lot depends on whether regulators see its plan as too risky and on the remedies imposed by European competition authorities, analysts and investors said.

"It is feasible that Lloyds could raise 25 billion pounds through, for example, 10 billion pounds of asset sales and liability management, and a 15 billion pound rights issue with UKFI (UK Financial Investments) subscribing to just over half of that," said analyst at Credit Suisse.

"But execution risk is likely to determine whether this is allowed...we still think that Lloyds will struggle to escape APS altogether, with a marked reduction in participation most likely," it added.

By 11:24 a.m. British time, Lloyds shares were down 3.24 percent at 92.5 pence, the biggest faller in the FTSE 100 share index.

"There are a range of options available to us and we continue to monitor them," a Lloyds spokesman said. "We issued a stock exchange announcement two weeks ago and our position has not changed since then."

Lloyds said on September 18 it was in talks with the government and financial regulators over possible alternatives to the scheme and that all options were open. Lloyds will insure 260 billion pounds of risky assets under the APS, but it is regarded as an expensive option.

Lloyds was gauging appetite for a bumper rights issue of as much as 20 billion pounds to allow it to avoid the 15.6 billion pounds in fees it would have to pay in order to take part in the scheme, Reuters reported in August.

Lloyds was now sounding out investors about a 15 billion pound rights issue so that it could avoid the scheme, the Financial Times reported on Thursday. It has presented the Financial Services Authority with a plan to raise a total of 25 billion pounds through a rights issue, asset disposals and other measures, Sky News said.

A top 10 investor, who asked not to be named, said the bank appeared to be gauging appetite for its various options.

"I think it's kite flying -- this a very substantial amount of money and they are supposedly sorting out the APS and I would think they would need to make some big changes," he said.

UKFI SUPPORT?

A key issue will be whether a rights issue is supported by UKFI, the body that holds the government's 43 percent stake in the bank, the investor said.

A 15 billion pound rights issue would entitle the government to buy up to 6.5 billion pounds in the offer, or pump in less cash and see its stake diluted.

"Watching this evolve from the sidelines is probably sensible," the Credit Suisse analysts advised clients.

They said a rights issue could be supplemented with 10 billion from asset sales and management of existing liabilities.

But another risk is how European regulators will respond to any reduction in state support and what remedies Brussels is likely to impose on the bank.

The European Union's antitrust chief Neelie Kroes said late last month that Lloyds would need to shrink its activities to compensate for its bailout by the British government.

Lloyds will have to weigh up whether the risks involved in staying out of the scheme and the resulting loss of government protection will be sufficiently offset by what it hopes will be more lenient treatment from EU antitrust authorities.

re - go back to argentina

You must be not only a COW but a silly one, if taking notice of someone on the bottle and guessing.

The further south I have been in AMERICA, was Trinidad and Tobago, and then Caracas, just is case you do not know is the capital of Venezuela ( British are not good in Geography, I know that for some time ), and is the TIP North of South America, Argentina is on the South part. The cruise liner took me all the way from Maimi for a 14 days cruise around the Caribean SEA.

Here you know a bit more of me but not yet where I am from.

And also Argentina had a real Lady with EVITA Peron and envy for any silly Cow like you.

peron was a stupid bitch

oh yeah master(bator) mrsa (bacteria)......you cant spell to save your life.
wherever you come from obviously dont have schools

Marnithe Master is from Palestinehe even wears desert bootssmokes camel cigarettesand has always got the humpall the clues are thereadd to that he gets his cartoons from a Palestinian National Authority web sitethere are some other small clues?

"By 11:24 a.m. British time, Lloyds shares were down 3.24 percent at 92.5 pence, the biggest faller in the FTSE 100 share index"

Hows the chart looking Mr Tosser , you sold yet or don't you believe in stop losses in which case you must still be holding all the duds you mention ?

Straight answer would be nice.

dil

he also predicted altona yesterday to go up.....and id did! but margins are 0.25p anyway so he wouldnt have gained by buying.....but cos he thought it would go higher i think he must be holding.....but sp fallen again........so thats another share to add to his list

master must have most of the stock market by now!