HBOS shares

fatpig_2

If Lloyds TSB pull out of this crummy deal their share price would double overnight.

sabretoothtigger

Just think what'd happen to hbos, at best they'd be 70% government owned like rbs I guess

lloyds should double in the long term anyway, they arent overpaying like all the banks that bought at the top even if now is hard to stomach

Andrew64

I'm a Lloyds TSB (small) shareholder. Much as I would like to go and vote in person - and make a big fuss - I can't get time off, so I put in for a proxy vote. I'm voting against as I consider HBOS to be little better than a toxic waste dump. If this takeover/merger does go though, I'm selling my shares and closing my bank account!

Banderman

Andrew64 wrote: »

. I'm voting against as I consider HBOS to be little better than a toxic waste dump.!

It's far worse than that believe it or not

ad44downey

HBOS shares NOSEDIVE another 10% so far today.

The market knows a turkey when it sees one

~Chameleon~

ad44downey wrote: »

HBOS shares NOSEDIVE another 10% so far today.

The market knows a turkey when it sees one

So has Lloyds!

fatpig_2

Lloyds are merelysuffering because of their association with HBOS. If Lloyds pulled out of this crummy deal, they wouldn't need any money off the government and their share price would rocket.

sabretoothtigger

Lloyds werent totally innocent, they do hold some sub prime debt from our friends across the pond, it just wasnt half as much others and they didnt need to renew 150bn of wholesale funding like hbos did from what I remember reading

All the banks look awful today, I guess funds are adjusting their prospects for the likelihood of no good news for the next 5 years.
Im not sure if this will break anything specific to the merger

65.3 / 135.6 = 0.48


The americans consider any uk mortgage debt to be poor also because of our overvalued housing,
I think there is enough difference in the nature of the uk system that we wont see as much 10 cent in the dollar debt

Mr_K

I've got Lloyds and HBOS shares so I'm stuffed either way on this !

On balance I think its best if the merger doesn't go ahead as the HBOS shares are nearly worthless, and I 've got more to lose from Lloyds..

Nagiw

I've just received the acquisition document. It's enormous!! (350 pages!)
We could all have got an extra 10p a share and saved a hell of a lot of paper if they had just sent a postcard.
Oh well, a bit of light reading I suppose.
Here we go.
Page 1.....

Once upon a time there was a bunch of greedy fat cats.......zzzzzzzz