Lloyd Share Price

sabretoothtigger

Lloyds stank in 2010

TWICE as many customers complained about LLOYDS in the second half of last year than any other bank.

More than 22,000 reported it to the Financial Ombudsman Service. ROYAL BANK OF SCOTLAND was second. Moans about HSBC doubled to 8,238.


Rock's 90% loan comeback

STATE-owned bank NORTHERN ROCK is launching 90 per cent mortgages just three years after risky lending brought it down. Insiders said it would help kick-start the home loan market.

But critics said the bank was driving profits ahead of a sale back to private hands.

http://www.thesun.co.uk/sol/homepage/news/money/3438628/HSBC-profits-triple-to-12bn.html

Fuzzythinking

Please ask my question below:

Assuming Lloyd Banking Group plc rights issue shares in order to gain market captial. Will the existing shares dissolved/worthless?

Is Lloyd share a good and long term investment?

What about RBS?

ft

deutsch

i was thinking of buying some shares floating about 61p today. impulse thinking i think for a short term profit when they will hit 65-69p. though my risk averse nature wins over my impulse.

northerner77

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2011/05/lloyds_back_in_the_red.html


LLOY share price going to take a hit today?

opinions4u

northerner77 wrote: »

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2011/05/lloyds_back_in_the_red.html


LLOY share price going to take a hit today?

I'd be surprised. The declining state of the Irish economy and the PPI court ruling are already known and will be reflected in the current share price.

northerner77

opinions4u wrote: »

I'd be surprised. The declining state of the Irish economy and the PPI court ruling are already known and will be reflected in the current share price.

Bailed out Lloyds Banking Gp making £3.2bn provision for payment protection insurance - drives bank to a Q1 loss. That Lloyds provision appears to be about three times larger than analysts had been braced for...

Lloyds is also upping its impairment charge by £500m more than expected, blaming Ireland (again)


Jill Treanor

opinions4u

northerner77 wrote: »

Bailed out Lloyds Banking Gp making £3.2bn provision for payment protection insurance - drives bank to a Q1 loss. That Lloyds provision appears to be about three times larger than analysts had been braced for...

It does seem to be a lot larger than the information available when I posted!

Lloyds is also upping its impairment charge by £500m more than expected, blaming Ireland (again)


Jill Treanor

I think that's been anticipated.

Shareprice opens DOWN 5%. o4u hides under table!

northerner77

opinions4u wrote: »

It does seem to be a lot larger than the information available when I posted!

I think that's been anticipated.

Shareprice opens DOWN 5%. o4u hides under table!

And the rest. You won't be the only one. _pale_

Thrugelmir

northerner77 wrote: »

Lloyds is also upping its impairment charge by £500m more than expected, blaming Ireland (again)


Jill Treanor

Around £27 billion of Irish loans now outstanding. Of which Lloyds reckons 60% are impaired. Total provisions now amount to 56% of the loan book.