any one got a feelling in their water how far LLoyds will go looking to to buy but just dont know when they are low enough

I note that lloy have been strong this morning up to 222p at one point and hbos have been slightly negative. Both banks are showing strong buys against sells, so investors could be buying in to take advantage of the offer at 173.3p.

Or could it be a hedge fund like Paulson closing some shorts on lloy, they recently closed some from 1.76% to 1.67%. I think I read somewhere the rules changed last week from updating the market each day, but unsure of the new timescales for reporting.

I can't find any new information, maybe I dreamt it.

Anyone know.........

What puzzles me we are doing the govt a favour and they are responding by lending us money for a fixed 5 year term @ 12% in addition in their stupidy they are stopping our dividends ... the only [main] reason for many of us and pension funds to hold.

I and surely many others would be very happy to loan LLoY @12%. instead of zero in current shares .... do the govt think 12% will be easier to repay than for instance the 5% considered by the US govt a suitable rate in similar consequences.

If I had wanted this hotch pot investment there are miriad opportunties on the LSE.
... In sorrow I can only suppose that our board have had a collective ......
"Senior Moment".

ah but IN THE USA the deal I think allows the government to put A CAP ON MANAGEMENT (PAY ETC)

surely that would help us poor shareholders!

anyone know what time the vote result is expected today? is it pretty much a foregone conclusion that they will proceed with the proposed T/O of HBOS?

Alex

134p for a Lloyds share !, who would have believed it 2 or 3 years ago ?.

At 134p the market is saying the only way it can what it thinks of this takeover.

My new target is 25p.

Back in at 129

you're brave cause I think there is a real danger that eventually the Gov will have to fully Nationalise all the banks.

I hope not but it doesn't look good.

I will have hopefully have sold out at a profit before then, limit 150 stop 95

good luck.

I'm currently short BP, BHP,TLW,WOS on balance, recently closed ftse short

TLW looks a bit dodgy over the last couple of days or maybe you have only just shorted it.

BP at 527, tlw at 600 wos 354

even if TLW rallies to around 650p I'd thought the only way from there is down.

I'm long XTA at 711. Could have banked a small profit yesterday but it looks way behind the tech levels compared to the other miners

The pounds collapse will undermine banks shares.

I fear they will be nationalised with all the other banks except BARC of course.

Disagree. If they Nationalise one, they'll do the lot including BARC otherwise there would be an outcry amongst shareholders. Standard Charter would probably be the exception and maybe HSBC

All-time low it apears to me.
---Could this be a knock due to Barclay closures?

dealerdear, thinking about yr assertion:-
- I wonder why they'd need to spend so much money - just making NRK an "easy-touch" for loans (with Gov backing, er, that's us taxpayers) - this would have the effect of forcing a lighter-touch by the others.
/
My understanding is that Banks want to repay their Gov. Loans(=Pref.shares) so they can get on with making profits for shareholders. Until the PrefShares are repaid there will be no Dividends, so the sp will drift down. I suppose the Q is what level of sp will encourage anyone to buy, knowing there are a few years for any return...(and in the meantime the sp will drift)....
/
I hold a few from about 3- bought in June08 (how daft was that???)
Arrgh!
EDIT:15Jan09 - close to 1 now. (sell=1.03) - Yikes!