Thoughts on LLOYDS TSB Shares

redbull5

Hi Guys, just wondering your views on the lloyds shares at the moment.

today it again went down by 4.3%. .

Its been falling since last October quite a big bit and its been constant.



I know there is a lot of duibity in the bank stock market at the moment but i was thinking about it today and could maybe invest say £1000 or 2 for 2-4 years investment.

Surely the bank will recover and shoot up, or can people see it going down even lower.?

All thought on this matter is appreciated.


Thanks

MoneySaverLog

Are Lloyds TSB going to take over Tesco now?

Edit: Ahh see you changed the chart

Lokolo

Lloyds are trying to sell their branches and not doing very well. The outcome could cause shares to fall a lot more.

opinions4u

Surely the bank will recover and shoot up

Why?

If you can articulate the reasons post them. They can than be discussed and challenged and you can make your [STRIKE]investment[/STRIKE] bet having studied form a little.

If you don't really know why, don't invest.

atush

Well, they sure went up alot the end of June/beginning of July.

If wanting to sell, that would have been a good time lol.

redbull5

Lokolo wrote: »

Lloyds are trying to sell their branches and not doing very well. The outcome could cause shares to fall a lot more.

Ah i didnt notice this, thanks, also didnt they merge with HSBC?

opinions4u wrote: »

Why?

If you can articulate the reasons post them. They can than be discussed and challenged and you can make your [STRIKE]investment[/STRIKE] bet having studied form a little.

If you don't really know why, don't invest.

Hi,. thanks, erm i dont know why, BP went down and come shooting back up, why cant a bank?. Yes there figures last year were aweful and this year they are down especially with the ppi claim, but i can see them improving in the future.

I dont know why? but i am probaly wrong, just wanted your views/opinions.

VT82

Try re-drawing the graph with the y axis on the scale of 0-80 instead of 40-80 and then see if there is the potential for it to go down so more. Taking the x axis a couple of years further back could be illuminating also.

atypical

redbull5 wrote: »

Ah i didnt notice this, thanks, also didnt they merge with HSBC?

Lloyds TSB didn't merge with HSBC. They merged with HBOS to form Lloyds Banking Group. Even after this merger HSBC is still roughly 3.5x the size of LBG.

redbull5 wrote: »

erm i dont know why, BP went down and come shooting back up, why cant a bank? ... i can see them improving in the future.

I don't mean to be rude, but that isn't a rational argument. Northern Rock went down and stayed there (you might say it fell like a rock *cue the drums*).

Like opinions4u says, if you want views and opinions you'll have to present some kind of argument.

Thrugelmir

redbull5 wrote: »

Ah i didnt notice this, thanks, also didnt they merge with HSBC?

No Lloyds did not merge with HSBC. In fact I wish they had.

Suggest you invest in a subscription to Investors Chronicle.

Spend a few months reading and learning.

IronWolf

The thing about banks is that something could happen tomorrow and wipe £100bn off their balance sheet, thats the dangers of derivatives and why banks are very risky to invest in. Unless you're confident they're run by competant people, and know exactly what kind of derivative practices theyre into, I wouldnt invest.

sabretoothtigger

BP was alot simpler then a bank. And the base case for oil is great, its a growth product. Personal finance in struggling western country thats just toppled a boom, thats really very iffy.


Trying to figure out a whole company is hard work. My advice for the cheat sheet on every company is look at their products, are they wanted or not.
Even better are they going to become very wanted in future.

Telling the future will make you a rich man and you dont have to understand every detail of the balance sheet, which is good because banks make little sense

BP & oil, simple yes its wanted.
Banks - very complicated and maybe

The main argument for Lloyds is they got a potential bargain. HBOS was twice their size, they are the goldfish that ate a shark. They could in theory have gained alot of customers cheaply, if everyone pays their mortgage that is alot of profit


They just lost a few billion to PPI but on the plus side they have not paid a div for years, this is accumulated value. In theory the share price is cheaper then it appears, sub 60p its a maybe

Tesco is a bank also! Hsbc is far from perfect either. I own mostly Santander not popular but they know how to balance their books