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How far down will they go (LLOY)     

mojo47 - 16 Aug 2007 13:54

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

hangon - 05 Mar 2009 18:13 - 395 of 483

MItzy, do you think this is a lost-cause - or just stupidity ( the HBOS merger) of the highest order, given the uncertainty of HBOS loan-book...?
I sold mine at 52p abt.

mitzy - 05 Mar 2009 18:14 - 396 of 483

I reckon 50/50 chance of hitting 24p.. yes Hangon its looking like a lost cause.

bkieser - 05 Mar 2009 23:52 - 397 of 483

Well the BBC just announced that the bailout is 250bn with a government stake at 60%.
Then they promptly updated the news to delete the 60% part!

When RBS got its bailout there was a massive rally, but I am not certain that this can happen with LLOY because everyone has now seen from the RBS experience that the rally can fizzle and then the share price can collapse.

And the news has been just terrible on all fronts since then, so I am not that confident of a rally tomorrow.

mitzy - 07 Mar 2009 08:25 - 398 of 483

On SKY now the Government to own 77% stake in Lloyds this is a disaster why did they merge with HBOS in the first place Daniels must be sacked on Monday.

SUPERJOCK2 - 08 Mar 2009 15:24 - 399 of 483

As an invester in Lloyds since 1974 I've learned to just sit and wait till all the so called experts have spoken of doom and gloom and that's the best time to invest.

I've also worked in industry and always found that the management that were called to resign by workers and unions were the investers best friend, so stick with it Mr Daniels and next time beware of labour prime-ministers offering a good deal, they will stab you in the back to take the flack off themselves.

thefall - 08 Mar 2009 21:13 - 400 of 483

So any guess as to mondays price???????

bhunt1910 - 09 Mar 2009 06:41 - 401 of 483

Well it might go up....or it could go down - but then again..........

Falcothou - 09 Mar 2009 07:23 - 402 of 483

I can see 10 today on a bear squeeze,bit like vw and Porsche!

Balerboy - 09 Mar 2009 08:33 - 403 of 483

More likely to be 10p at the mo, think we were all hoping for a bounce today.

mitzy - 09 Mar 2009 17:53 - 404 of 483

Well not a bad performance considering ot fell to a new low today.

deanophillips - 09 Mar 2009 18:18 - 405 of 483

For what it's worth I am convinced that Lloyds will be a good long term investment for those dipping their toes in at these low prices. Also IMHO I do not see the government stake going any further and in time rewards will come to those with patience. I just hope these sentiments don't come back and bite me on the bottom.

For those who lost big time because of their negligence and recent purchase I am sorry I see gain in your lossess

mitzy - 09 Mar 2009 20:21 - 406 of 483

A good performance today considering.

hangon - 09 Mar 2009 20:32 - 407 of 483

Deanphillips, many hope you're right, but there is no logic as to "when" - and - the current Gov has a hate of "shareholders" ( Witness, NRK!!!).
No-one wants a Mortgage, second Mortgage, yacht etc ( or a fast Motor ) - there are better things to do with any cash you still have. ( and prices are still likley to fall as performance improves!) . . . . so where is LLOY?
er, I sold mine at 50p - huge loss, but I feared they would disapear like NRK - and it's not so far to go . . . . . given another dormant Black hole. . . .
Good Luck....what timescale is yr best bet?

tipton11 - 10 Mar 2009 17:48 - 408 of 483

hangon a bit pessimistic perhaps ... the terms were hard, but survivable by the very competent Lloyds team who should be congratulated on the fight they put up to better the terms. My forecast 100p+ plus first div 5 - 7%

tipton

deanophillips - 10 Mar 2009 19:13 - 409 of 483

hangon, I believe you have to be looking at a 2yr period before any stability returns to the financial stocks. Then and only then do I believe that a significant return will be seen. How much that will be I would not like to guess.
Lloyds have a good business model compared to most that was destroyed by the unbelievable purchase. I honestly believe they will get through this and be stronger for it with a massive share of the market. However that's only my opinion.

drgirish - 11 Mar 2009 17:25 - 410 of 483

i think somebody is shorting Lloyds again

drgirish - 11 Mar 2009 17:31 - 411 of 483

goes up all the way on one day, comes down again on the next day. doesn't make much sense apart from shortselling, especially when RBS & Barclays are going up. HSBC has a reason to go down as they have heavily underpriced new shares.

spitfire43 - 11 Mar 2009 18:18 - 412 of 483

The problem is that the mm's and so called professionals have as much idea to the value as us, we are into the unknown now. For what it is worth I believe the board of lloy have overstated / been ultra cautious re writedowns and will now make large cost savings going forward.

Falcothou - 11 Mar 2009 19:22 - 413 of 483

http://www.bloomberg.com/apps/news?pid=20601102&sid=aqbWhdY5lwV0&refer=uk
Nice work if you can get it

deanophillips - 11 Mar 2009 22:56 - 414 of 483

He who holds all the gold makes all the rules goes the old addage. MM's hold all the gold and they seem to do whatever they want despite volume or any other factor you wish to add in. Just look at the volumes and if you can make it out you are a better person than me!
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