HBOS shares

setmefree

Share price 275.00

http://www.youtube.com/watch?v=2DnUxLISFcA

ad44downey

Further woe for HBOS

HBOS shares plummet another 5% today thus far to go below the rights issue price yet again.

Where's 'agent orange' now bleating about the rights issue being a great opportunity?

sabretoothtigger

Arent 15% of HBOS shares still out on loan, ie. short

I think they may be 4 pounds by the year end but maybe half that in the mean time. House prices will rise again eventually because the demand is still there even if the money/credit is not

Still 1 billion shares held by underwriters too, so the shorts have no fear. I really dont expect these to plummet like before though. They go ex-div soon and results are thursday, nows a good time to take a view either way

Banderman

Yant1 wrote: »

Bank of Scotland is too large for goldman to aquire however there are rumours of JP Morgan mulling a 500-700p bid in order to realise and profit from its break up value.

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Are you mad? No-one is going to pay £7 per share for hbos. The best any hbos investor - who should have baled out yonks ago - is about £3.50 per share and even that sounds overly optimistic.

sabretoothtigger

Without the threat of unknown debts the company is worth that probably. He is talking about the idea that HBOS could be split up and sold off for a profit to the present heavily depressed share price. JP are allready a partial owner now. They suggested to Gordon gecko it :money::p
Its not such a wild idea but its just talk to illustrate the prospects imo. It might apply better to other companies in the sector, diversify

[Deleted User]

Yep the companys market capital is around 14billion, its got around 50 billion in the bank but this is its tier one ratio used to justify its 600billion balance sheet but still its tier one is about 10 billion more then required. It has a lot of worldwide assets such as 40% stake in st james place, it owns bankwest an aussy bank, assets on pretty much every continent, insurance companys such as esure, estate agencys.

Theres a lot of money that could be made from the gekko approach under a period where its profits are temporarily being hit by market panic into writing down debts.

:beer: real value doesnt disappear overnight and any takeover will have to be at a premium. This has had one of the worst share price hits around the world for some of the least largest writedowns, there is real value here both JP morgan and Goldman Sachs recognise there is money to be made by doing what the market wants and its being priced like it is unwanted and should be broken up before the recession ends and the opportunity is missed.

setmefree

Share price 269.50

http://www.youtube.com/watch?v=nlY1q12Jxro

sabretoothtigger

Assets exceeding market capitalisation:

http://en.wikipedia.org/wiki/ABN_AMRO




http://uk.biz.yahoo.com/29072008/323/eight-arrested-part-uk-s-fsa-insider-trading-probe-update.html

setmefree

Share price close 272.75

http://www.youtube.com/watch?v=VtZB4jluIO4

ad44downey

Another grim day for HBOS

HBOS shares finish down over 5% today and below the rights issue price yet again.