Lloyds shares offer to the public

gadgetmind

They could make a net loss depending on share price when they sell the final tranche, but I'm pretty sure they're ahead to date.

So far, I think around 75% of the money invested in the banks has been recouped.

2010

The public offering is next Spring.

In the coming months the gov. are going to dump their final 12% on the market.

As i said before

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no R.Mail

Linton

The 5% discount is irrelevant - either you need lloyds in particular or more generally a bank in your portfolio or you dont. So buy them or something else when you have the money.

Chickereeeee

[Deleted User] wrote:

Hi,

apply for less than £1000, so no killing.

In an effort to avoid some of the problems that emerged in the Royal Mail (LSE: RMG.L - news) privatisation in 2013, where many smaller investors were left empty-handed , priority in the sale will be given to individuals applying for less than £1,000-worth of stock.

Down in the noise then: moving on...

C

[Deleted User]

Hi,

Chickereeeee wrote: »

Down in the noise then: moving on...

C

yes, no point in applying, not worth it, I lost out in Royal Mail because I applied for too many.

veryintrigued

I also feel for those who've kept hold of these shares through thick and thin and then see new investors having incentives like these!!


Mind you I bet the full year dividend early next year will be a tasty one and also wouldn't be surprised if they threw in one of their 'special dividends' both between now and the Spring 'sale'.

Thrugelmir

veryintrigued wrote: »

I also feel for those who've kept hold of these shares through thick and thin and then see new investors having incentives like these!!

The rights issue in 2009 was at 37p a share. So no complaints.

Nick_C

I bought Lloyds shares between June 09 and Nov 11 at an average price of 31p a share. The last tranche was less than 25p. So no, I have no interest in buying now at 77p.

George Osborne's statement the "the public will be offered shares in Lloyds" (or words to that effect) is rather an odd one. The public has always been able to buy shares in Lloyds.

The Government (the last Labour one) paid far too much for Lloyds shares, and has been selling them at a loss. I wouldn't go to them for financial advice.

nb73

Linton wrote: »

The 5% discount is irrelevant - either you need lloyds in particular or more generally a bank in your portfolio or you dont. So buy them or something else when you have the money.

The purist in me knows you are right.

But the pragmatist says what is wrong with 2 x £999 flutters in his 'n' hers ISAs. 5% discount + 10% bonus after a year. Political will to make the small man with small money happy. Quickly sniffing the upside and the downside, it smells OK to me.

nb73

Nick_C wrote: »

I bought Lloyds shares between June 09 and Nov 11 at an average price of 31p a share.

Nice work

Nick_C wrote: »

So no, I have no interest in buying now at 77p.

Why?