Will you be buying shares in Lloyds TSB?

Decadent_Fool

BRIEF-Credit Suisse raises Barclays to outperform
March 10 (Reuters) - Barclays PLC:
* Credit Suisse raises Barclays PLC to outperform from neutral
* Credit Suisse says there is a reasonable chance Barclays will use
government asset protection scheme
* Credit Suisse says in totality UK banks are once again investable
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009 ...

Tuesday, 10/03/09, 11:14

sabretoothtigger

Barclays is like a three legged dog herding sheep, they just wont give up trying to make profits.
Logic says they should be happy just staying upright but their not

ozzage

Closed at 50.8 today

As things stand now, Lloyds is a “buy”.

from http://ftalphaville.ft.com/blog/2009/03/10/53415/lloyds-banking-group-buy/

The_MoneySavingKid

Just wondering what would happen if:

If I owned shares in Lloyds,what will happen to the price of my shares when the government does sell off their stake? Does the share typically typically increase in value?

sabretoothtigger

:shhh:A successful rights issue to the shareholders would be unprecedented


I guess its a bet the market or citigroup or europe, etc wont collapse in the mean time.

do you think the present shareholders have 4bn to invest, alot of the smallholders will think this is money down the drain and would rather buy a share that had doubled in price then dropped 90%


The more shares traded on the market, the more likely any buyer will find a lower price

The_MoneySavingKid

Oh and the "register" in reference to the £4billion shares...Have I missed it? and if I have,how do you go about getting on the register.

sabretoothtigger

Your a shareholder or you aint. Im not sure if others can buy in or not, its probably an open offer

http://moneyterms.co.uk/open-offer/

Buddy195

Is anyone considering buying some of the new shares? Surely they'll increase in value once the government take their allocation, thus making it a sound investment?

gozomark

Buddy195 wrote: »

Is anyone considering buying some of the new shares? Surely they'll increase in value once the government take their allocation, thus making it a sound investment?

it can still go bankrupt and leave shareholders with nothing (and don't call me Shirley)

Buddy195

gozomark wrote: »

it can still go bankrupt and leave shareholders with nothing (and don't call me Shirley)

Fair point, but don't see it happening....