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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 - 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!

jkd - 12 Mar 2009 01:04 - 415 of 483

dp
didnt you forget or omit something in your sort of old addage of an old quote? i.e Gunga Din?
or am i being too un political in my observation? oh well. maybe you are too young?
maybe not. no offence intended to anyone, it simply is as is, an observation of an old addage.
regards
jkd

The Other Kevin - 12 Mar 2009 09:30 - 416 of 483

Sorry to be pedantic, but all adages are old.

robertalexander - 19 Mar 2009 11:49 - 417 of 483

whats going on with lloy?

spitfire43 - 19 Mar 2009 12:51 - 418 of 483

UBS yesterday had a Reiteration of there buy with 100p price target, could be others to follow. Would expect a good take up of the RI, maybe some large institutions have indicated a full take up. I don't know but thats what I would expect.

transco15 - 19 Mar 2009 18:45 - 419 of 483

Look Chap, These babies are almost worthless. They are a sort of fools gold. They have blown everything buying HBOS. Talk to anyone in the banking business and they will tell you.
The market makers will create more up days to lure in the punters but the SP should really be 10p or less .... almost worthless. 1 you must be kidding....

transco15 - 20 Mar 2009 07:35 - 420 of 483

And another thing how many "institutions" and pension funds hold Lloyds? Hardly any... no fund manager in his right mind would hold these.

Falcothou - 20 Mar 2009 08:23 - 421 of 483

At least Hornby's got the elbow, that's saved 60k/month

22198doyle - 27 Mar 2009 15:20 - 422 of 483

LLOY has been doing pretty well over the last week. Do people think it will fall again or is it onwards and upwards from now on?

transco15 - 27 Mar 2009 17:04 - 423 of 483

must top out soon - the charts show strong sell offs after strong rises. Traders share imho

maestro - 27 Mar 2009 17:57 - 424 of 483

always follows barclays...should see 100p+ next week

halifax - 09 Apr 2009 18:10 - 425 of 483

Are LLOY going to have a rights issue?

Steve Zodiac - 09 Apr 2009 18:58 - 426 of 483

I spoke to Lloyds share dealing today, I was advised that details of rights issue will be posted end of April.
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