Lloyds Tsb Shares

iiuser

Please help! My wife & I have quite a few shares in Lloyds TSB. Is there anything we can do before they are nationalised or will we just lose the lot. I would appreciate any advice.
Thanks - P.I.

Buddy195

iiuser wrote: »

Please help! My wife & I have quite a few shares in Lloyds TSB. Is there anything we can do before they are nationalised or will we just lose the lot. I would appreciate any advice.
Thanks - P.I.

Where does it state anywhere they will be nationalised? All quotes at present are saying nationalisation will not happen.
If you only have a "few" shares wouldn't do anything with them as would cost more to sell than worth.

opinions4u

iiuser wrote: »

Please help! My wife & I have quite a few shares in Lloyds TSB. Is there anything we can do before they are nationalised or will we just lose the lot. I would appreciate any advice.
Thanks - P.I.

If you think nationalisation is inevitable, then sell now. What's stopping you?

If you think that they can generate the profits to buy out the government stake and start paying dividends, keep them.

Personally I haven't got a clue which way it's going to go.

gozomark

do you mean is there anything you can do, or anything you should do ?

what you can do is sell them, if you really believe they are going to be nationalised.

What you should do ? - anyones guess

bristolleedsfan

Buddy195 wrote: »

Where does it state anywhere they will be nationalised? All quotes at present are saying nationalisation will not happen.
If .

http://www.sundayherald.com/news/heraldnews/display.var.2489308.0.0.php

"Despite predictions from LibDem Treasury spokesman Vince Cable that public ownership and nationalisation now look inevitable"

Buddy195

bristolleedsfan wrote: »

http://www.sundayherald.com/news/heraldnews/display.var.2489308.0.0.php

"Despite predictions from LibDem Treasury spokesman Vince Cable that public ownership and nationalisation now look inevitable"

Well as lib dems won't be in power any time soon, we can all sleep well lol :rotfl:

ad44downey

Buddy195 wrote: »

Where does it state anywhere they will be nationalised? All quotes at present are saying nationalisation will not happen.
.

That's what they said before they nationalised N Rock, B&B, etc. Don't believe what the government tells you.

gozomark

The Govt doesn't want to nationalise Lloyds, but they haven't said it won't happen - they say they they won't rule it out

Decadent_Fool

Just why IN G*DS NAME WOULD IT BE NATIONALISED?!?!?!?!?

Really, can anyone tell me this?

It has funding, LOADS of it, it has a good business model ONE OF THE BEST, and there's an insurance policy coming out with the government that will allow them to insure against just the sort of bad debt that HBOS has.

Lloyds TSB made £1 billion profit!!!!!!!! JUST THINK ABOUT THAT FOR A MINUTE.

ONE BILLION IN PROFIT, IN THE WORST FINANCIAL ENVIRONMENT IN YEARS

Does that sound like a bank that needs to be nationalised?

Masomnia

But HBOS made a loss ten times that...

Decadent_Fool

Decadent_Fool wrote: »

...and there's an insurance policy coming out with the government that will allow them to insure against just the sort of bad debt that HBOS has.

Why would the government nationalise the bank, and have to take on all that debt directly, when it can let the company handle it on it's own, and own preference/ordinary shares in it to get a return on its investment?

Really, I'm asking for an honest-to-god answer here: Why would Lloyds Banking Group be nationalised? No opinions, let's have cold economic reasons, not just statistics of yadda-yadda-yadda a loss.

I'll give you something to start things off: Nationalising a bank will only occur when it can no longer function. Is that happening now?