This lloyds 38p per share thing!!!

opinions4u

pizzagirl wrote: »

You could well be throwing good money after bad. There's much better companies in the Ft-Se 100 that you could invest money in. And they pay good dividends too

While fully aware of the risks of banking stocks, the Asset Protection Scheme mitigates these significantly.

In that context, are there many shares out there worth 59.7p that you can buy for 38.5p?

Keep monitoring the differential before you send the cheque off - at this point in time it's a no-brainer profit.

If the institutions follow the same instinct, then LBG could potentially remain below 50% government owned. That thought may be pushing it a bit though!

sabretoothtigger

Standard chartered at 5 pounds was about 10% yield and they get income from asia so a great hedge, now they are not such a bargain.
They are probably worth 10 pounds for their secure income