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

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!

25p share price target now in view.

If this continues IMHO the UK government will nationalise all UK banks

I agree except BARC and HSBC.

I think today saw HBOS/LLOY official merger which may have a bearing on the fall along with the all the talk of nationalisation.