HBOS shares

[Deleted User]

Lets add a bit of intelligence to this board over the hedge fund stooges here, paid to post rubbish.

Euro and Oil down large amounts from peak, US dollar gaining strength. Analysts becoming more confident that financials are oversold.

New broker note just in -


Broker Roundup: HSBC and Sanford on banks
By Phil Cozens | 09:36:37 | 29 July 2008

* HSBC believes the banking sector will be pulled in different directions as bad news competes with unprecedented low valuations. The broker has raised its target prices across the board with RBS raised to 260p from 240p, HBOS to 330p from 270p, Lloyds TSB to 350p and Barclays to 310p from 270p.

HSBC has underweight ratings in Bradford & Bingley and Barclays, neutrals on HBOS and Lloyds TSB and overweights in Royal Bank of Scotland and Alliance & Leicester.

* Sanford Bernstein initiates coverage of Royal Bank of Scotland and Barclays with outperforms and HBOS and Lloyds TSB with market performs

Let us see what Lloyds holds for us tomorrow.

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

setmefree

LLoyds TSB has announced a 19% fall in profits for the first half of the year.

http://news.bbc.co.uk/1/hi/business/7532399.stm

setmefree

Share price 272.25

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

DCPH

I'm thinking about making a 2 year investment in something, and seeing how depressed the HBOS share is at the moment, is it wise to gamble on it jumping back up, once the housing market gets going again?

Or are we in for more of a decline? perhaps a sub 200.00 price anytime soon?

Vicks74

Sorry for being a pain, but I like Savingtide decided that pig ignorance was the best way to deal with the Right Issue notice for my Halifax Shares and not respond the to the original letter that was sent.

I have now also received the lapsed rights confirmation notice. Does this mean that Halifax have sold my shares on my behalf and I haven't got them anymore? :eek

Sorry for being so naive - I just didn't have time to read the war and peace manual that came with the original letter!

Thanks for your help.

ad44downey

Yet more woe for HBOS, king of the turkeys

HBOS shares down another 2% today so far

sabretoothtigger

Letter = tissue paper. No money, no rights, no new shares. You may get a dividend in a few months, come back tomorrow to find how much

dzug1

Vicks74 wrote: »

Sorry for being a pain, but I like Savingtide decided that pig ignorance was the best way to deal with the Right Issue notice for my Halifax Shares and not respond the to the original letter that was sent.

I have now also received the lapsed rights confirmation notice. Does this mean that Halifax have sold my shares on my behalf and I haven't got them anymore? :eek

Sorry for being so naive - I just didn't have time to read the war and peace manual that came with the original letter!

Thanks for your help.

You still have your original shares.

You do not have the additional shares that you had the option to buy. HBOS have sold these extra shares to someone else - ie the underwriters

sabretoothtigger

You would have had to pay for the extra shares anyway, they werent free.
The option to buy was free, problem is that option is worthless

Dick_here

dzug1 wrote: »

You still have your original shares.

You do not have the additional shares that you had the option to buy. HBOS have sold these extra shares to someone else - ie the underwriters

If you'd sold the rights, you'd have been a few quid up. Doing nothing cost you money.