Lloyds Tsb Shares

opinions4u

sabretoothtigger wrote: »

Hbos has lost silly money. Its not fair to presume they will repeat those losses again.

But the City is clearly spooked and until those remaining "assets" are proved to be good assets the share price will remain low.

Given my rather unbalanced portfolio which has significant numbers of LBG shares, I hope that Lloyds accounting standards have outed the last trash on the books!

ad44downey

FoxtonsRIP wrote: »

There were mugs on here just like you only a few months ago saying the same thing about N Rock and Bradford and Bingley. Funny they don't post on here any more.

Don't forget HBOS. The same sages were posting here telling all and sundry to buy as many HBOS shares as they could as HBOS was on its way down the pan. :eek:

wonderman

stamfordblue wrote: »

I think that Lloyds shares being 56p are a cracking buy at the moment.
Their figures come out on Friday and I expect they will be good.
The share price will then rise.
They certainly won't be nationalised.

I look at how it will be in a years time.
The shares will probably have gone up by at least 25%.
Better than any savings account

Can anyone recommend a decent,cheap sharedealing service?
I want to buy some shares before Friday!

In a few years time I would bet that LTSB shares will not be up 25% from 56p - ie around 70p. They will either be zero as they will have been nationalised or they will be several multiples of 56p - like £5.60.

Buddy195

FoxtonsRIP wrote: »

There were mugs on here just like you only a few months ago saying the same thing about N Rock and Bradford and Bingley. Funny they don't post on here any more. I hope no-one else is influenced by you to follow your inane ramblings.

P.S. RBS is already 60% nationalised, the government can pick up the other 40% for nowt if they want to.; you seem to have ignored that salient fact.

Thanks for contributing nothing to the thread but insults.
Buying any shares has its element of risk, not sure how you missed that point as I have mentioned it several times on different threads. My view on RBS & Lloyds are there is money to be made, you see it the other way, which of us is right, only time will tell. Will drag thread back up and gloat when I sell at a profit

sabretoothtigger

Base value of shares is zero, acknowledge that and your free to speculate on their direction.

In this bear market with this environment of failing fundamentals it does seem best not to hold too long onto a profit that might be gone next week, alot of money will be ploughed in and pulled out just as quick I think.

I need to watch banks just to speculate on other shares anyway, they are central to the ftse index and many companys finances

sabretoothtigger

Other banks have risen in sympathy with insurers also going well. Barclays, Legal & General and Friends Provident are ahead.
Lloyds Banking Group is higher despite downbeat comment from investment analysts.

Japanese broking house Nomura believes further strengthening of the balance sheet is inevitable for UK banks, while for Lloyds specifically it sees “potential downside to tangible book value from the deterioration in fair value marks at HBOS and therefore continue to see downside risk for the stock.”

Meanwhile, German bank Deutsche Bank has cut its target price for Lloyds from 55p to 35p, on the grounds of “weak profitability”, the “eroding capital base and likely further ordinary shareholder dilution through preference share conversion.”

http://www.digitallook.com/news/sharecast/2622238-50092/NMX8570-FTSE_100_movers_Royal_Bank_of_Scotland_boosted_by_overhaul_leak.html

FraudBuster

ad44downey wrote: »

Don't forget HBOS. The same sages were posting here telling all and sundry to buy as many HBOS shares as they could as HBOS was on its way down the pan. :eek:

Don't forget that the PR Teams for the Icelandic Banks were working 24/7 on these Boards.

Buddy195

FraudBuster wrote: »

Don't forget that the PR Teams for the Icelandic Banks were working 24/7 on these Boards.

A losing battle then eh lol

Buddy195

stamfordblue wrote: »

I think that Lloyds shares being 56p are a cracking buy at the moment.
Their figures come out on Friday and I expect they will be good.
The share price will then rise.
They certainly won't be nationalised.

I look at how it will be in a years time.
The shares will probably have gone up by at least 25%.
Better than any savings account

Can anyone recommend a decent,cheap sharedealing service?
I want to buy some shares before Friday!

Good call on todays prices, love the reply about you also buying into B&B & Northern Rock lol can't beat the mystics on here who only see doom and gloom.....

Decadent_Fool

You know, I'm tempted to cash in the £3000 I made today, just to spite the idiots on here :rotfl:

Sorry, I don't like to be smug, but there are some real fools around...