Will you be buying shares in Lloyds TSB?

halight

well iv taken up the offer to buy the new shares.
and yes i do think that the shares will fall this year but long tearm thay will offer very good vaule. plus the divy will return at some point.

Hatone

The truth is, holding onto your Lloyds shares over the next few years will no doubt increase the value of your holding. These are very volatile times, and will continue that way over the next year. I do expect the storm to settle once we start seeing growth (probably not until midway 2010)

I say, if you're not in the market short term, it's worth holding 'cos in 3-5 years time, the government could sell their stake to private equity companies and hopefully restore these banks to the level they once were.

sabretoothtigger

Decadent_Fool wrote: »

I think there'll not be a dividend either this year or possibly next as well. I'm after capital gain anyway!

There just was a dividend of 2%, if you mean cash then I think they will maybe do it. Can anyone tell me when they go ex-div if any date has been pencilled in

It does depend on the opinion of that UKFI guy, if he wants cash I think he'll get it just like blank went on his word or lack of it (apparently)


Barclays will pay a dividend in quarters, starting year end. Im pretty certain it'll be cash.
They indicated it will fall greatly from previous payouts of 50% EPS and I would think similarly of Lloyds, 2% might be the norm for a while and thats the good news

Could be worse, citigroup paid 1 cent and they cost 3 dollars

ian-d

So when do ppl think the right time to step in to bank shares (Lloyds, Barclays) will be? Currently have none, kicking myself that I started this thread and didn't buy any...what a noob!

welshmoneylover

I don't think there is a right time to buy shares. However, if you bought RBS when they were 15p or buy them now at 45P, then in 5 years time they are worth £5 each, then you'd have made a tidy profit on your investment whatever the initial price is/was.

I think the trick with bank shares is to consider them a long term investment, maybe 5+ years. But, and there is always a but, there maybe a *slight* chance you could lose the lot. That's the way share dealing goes.

So what u waiting for? go and buy lol

FoxtonsRIP

sabretoothtigger wrote: »

There just was a dividend of 2%,

Was it really a dividend though? Or did they just create a load of new shares and then dish them out to everyone.

ian-d

welshmoneylover wrote: »

So what u waiting for? go and buy lol

I have cash to risk, and no problem with long term investments (I'm staying away from property!), but am a complete novice when it comes to share dealing. I may sign up with selftrade if they are a good beginner trader.

I'm just wondering if the price is currently high and the knock on affect of all these shares released will bring it down much further.

welshmoneylover

ian-d wrote: »

but am a complete novice when it comes to share dealing. I may sign up with selftrade if they are a good beginner trader.

I'm a complete novice, too, and I didn't bother with seltrade I just went for the certified version cos I want to hang onto my shares for 5+ years.

I'm going to sit back and enjoy the ride. :rotfl:

sabretoothtigger

Ian you should invest regularly every month over a number of years, look at a sharebuilder account. If they go backrupt before year end then you lost only some of the money you would have spent and if they double in price then you will realise an overall gain on your money.
less profit/loss from less risk due to distribution over time which is ideal if you are long term

Fox, yes it was a real dividend. If you rebought shares with a cash dividend you would end up at the same place afaik

welshmoneylover wrote: »

I don't think there is a right time to buy shares. However, if you bought RBS when they were 15p or buy them now at 45P, then in 5 years time they are worth £5 each, then you'd have made a tidy profit on your investment whatever the initial price is/was.

Thats the case for regular investment imo, if we dont know 45p is expensive then theres an equal chance of buying at 15p also and you get the average picture instead of absolutes

Share Price 42.40p Change Today -0.70p 52 Week High 252.68 52 Week Low 10.30 Volume 114,923,962 Shares Issued 56,369m Market Cap £23,901m

RBS is never going to be £5 again. The company would be worth ten times as much, 281,845m or 3 times the size of HSBC which would make RBS 12% of the current FTSE 100

Maybe if inflation hits:p

Robert2009

well I am entitled to buy 99 shares in Lloyds and it will cost me about £38 so I think it is worth a gamble. There is more chance of me making money on that £38 by buying shares than putting it on a horse:rotfl:

I should have sold my Halifax shares when they were worth over £2000 last year but I thought, I don't need the money just now I will leave it for another year:eek: At least they are now worth £112, better than in March and I will wait for 5 years to see what will happen.

Robert