LLoyds Open (Exchange) Offer NOV 09

sabretoothtigger

It will, however, take a couple more years to offload the murky parts of HBOS and "apply the old Lloyds model across the group."

http://www.iii.co.uk/articles/articledisplay.jsp?section=Markets&article_id=10071646



The price of the shares has taken a bit of a battering this week, this is partly down appreciation in the worth of the dollar and larger factors at play that were always in the background.
The continued reduction in ongoing costs is most important to the companys eventual buoyancy

cardsharps

Stewster wrote: »

and I'm not angry - quite the opposite in fact as I have made a nice profit. .

Yes, of course you have. The share price plummets from over 500p to less than 50p and everyone's made a packet!!!

sabretoothtigger

Volatility can be profitable to some but not usually the long term investors and backers of a business



Thought this might cheer some though 2.3m means nothing to a business like lloyds. Results for lloyds and rbs are thurs and friday

[FONT=Georgia, Times New Roman, Times, serif]Daniels waives £2.3m Lloyds bonus[/FONT] [FONT=Arial, Helvetica, sans-serif] Eric Daniels, chief executive of Lloyds Banking Group, on Monday yielded to growing pressure and said he would waive his right to a £2.33m bonus for 2009.

Lloyds said its board had authorised the bonus in recognition of the “significant” progress the bank had made to rehabilitate itself following its rescue of HBOS. But the bank said Mr Daniels had indicated he wished to forgo the bonus entitlement.
[FONT=Arial, Helvetica, sans-serif]http://link.ft.com/r/H60H77/V1TWTE/XGPUZ/72W2VO/TPPA8H/W1/h[/FONT] [/FONT]

sabretoothtigger

Just a rough chart I drew just now, longer term data has been missing since the rights issue. 44p is the adjusted July low 09





RBS results before open tomorrow I think

Royal Bank of Scotland Group Chief Executive Stephen Hester interviewed on the banking group's results.

Video will be available from 0700GMT tomorrow Thursday 25th February 2010.

http://alert.cantos.com/re?l=9xbsfdI2t8hpw3I9