HBOS shares

Banderman

Yeah, buy now. They'll go up to £7 next week. So says our
resident stockmarket expert Yant1 so it must be true. Haha

opinions4u

HBOS is a share stuffed by circumstance. My own view is that it has been oversold by the markets and has room for recovery. But don't expect it to leap above £10 within a year or anything like that. Long term growth should follow the current volatility.

The actual high street arm of the group has held up well and I believe they now have profitable retail share in Ireland and Australia, successfully built in a short time. Some of the Treasury / Corporate stuff has struggled and they have lost a little by playing 'pass the parcel' with Alt A debt. But initial post-results comment seems to suggest that they have briefed the city well and have no more nasties in the locker.

If they can control bad debt as the economy dips, the share price will grow faster than the market over 3-5 years.

agent_orange_2

+ 2.50p to 304p
steady as she goes this morning, maybe waiting for direction from the hsbc results at 11am

agent_orange_2

Down on the day, 2.5p to 299.75

agent_orange_2

Good start to the day for hbos + 10.5p (3.6%) increase, now 310.75. In line with the banking sector today, Northern rock results ignored - let the tax payer worry about them.

You'll get no rolling laughter emotecons here, just the share price. No erroneous buy or sell rants, I'm not qualified.

agent_orange_2

I feel a mid-day update is in order today
+26p (+8.8% on the day, now at 326

alchemistkevin

That's a huge jump in the past few days! What's going on?

agent_orange_2

May I misquote Mark Twain, "the rumours of their death may have been greatly exaggerated"

agent_orange_2

+36.5 p = 12.2% = 336.25
Wow, the 'dead cat' bounced today.

McSaver

agent_orange wrote: »

+36.5 p = 12.2% = 336.25
Wow, the 'dead cat' bounced today.

http://www.youtube.com/watch?v=7wvgvhDLb1Q

I bought 200 of these last week for £2.75 so im in a sharp profit for the amount of time I have held them