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

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.

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....

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

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

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?

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

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

Are LLOY going to have a rights issue?

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

Looking like they will have no difficulty raising the 4bn to pay off the government pref shares. Not even out of the question that the new B shares might be compulsorily converted to ordinaries in the next few months if current trend continues.

will the rights issue cause the SP to drop for a short while? want to top up but if the SP drops due to dilution then will wait. [only ask cause dont know how the diff type of shares A/B will affect dilution]

can the terms of the rights issue be changed in light of the improvement in LLOY's sp?

I would think it highly unlikely. SP will have to take account of the dilution when the new offer goes ahead - may even take up my own allotment!

partridge there would be less dilution if the rights price was raised nearer to the sp.

But you would end up with less shares Halifax, assuming they did not want to raise any extra cash. Guess there is an element of swings and roundabouts.

partridge less shares means less dilution and the ex rights sp would be higher. If you want more shares buy them in the market.

is rbs going cheap @32.3p

Interesting discussion. I sold out of LLOY a while ago and haven't had the heart, or maybe the balls, to buy back in. There are a few banking sector articles on another site I go to which are worth checking out. Plus some videos and a free secure email system and instant chat room. You need to register, takes 30 secs. It's for traders and economists but they let me in because the site is brand new I think. http://www.tradinghelpdesk.com

Good luck on LLOY.

Hey PCM - other websites usually pay to advertise here rather than just spam the threads. I guess your new dotcom business must be underfunded?

LLOY - down nearly 30% on news of a 38p cheapo-placing . . . Oh deary. Expect the sp to fall to this level as punters realise the recent rise was a rare tide -

These Management jokers have managed to scupper the good-ship LLOY in a matter of weeks, something that that Bounder Goodwin took 5-10 years to do in Scotland. . . . . . is Jail too good for these numkins?
PCM - Envest in Banks? - Joking + Grief.