Tsb Bnk Grp Share Discussion Threads

[robertfaulkner] 23/6/2014 10:11

I still can't place an order with Selftrade, anybody able to deal on other platforms

The code is "TSB" isn't it, it keeps saying unrecognisable code?

[christh] 23/6/2014 09:14

If it breaks through the 300p then nothing is stopping it to run higher.
Today is the 2nd day in the market.

[bargainbob] 23/6/2014 09:03

Should kick in once Wall Street comes online

[dharmesh2979] 23/6/2014 08:36

Low volume today

[christh] 22/6/2014 20:09

The £1.4 billion valuation is double what would have been gained had Lloyds proceeded with a controversial proposal to sell the network to Co-op Bank.
It becomes one of the largest high street 'challenger banks' outside the big four with a 6% share of UK retail lending and around two thirds of its mortgage portfolio reportedly consists of capped variable-rate loans which will gain from interest rate rises.

'TSB has a national network of branches, a strong capital base, robust liquidity and significant economic protection against legacy issues,' said Lloyds chief executive Antonio Horta-Osorio.
'It is already operating on the UK high street and is proving to be a strong and effective challenger, further enhancing competition in the UK banking sector.'

[browney1] 22/6/2014 11:21

Correct. Scamper and nightpig. Thanks.

[nigthepig] 21/6/2014 20:59

Scamper - you are correct. Bonus shares only apply to first £2000 of entitlement.

[scamper] 21/6/2014 12:56

Investors applying for up to £2,000 of shares received their full amount, rounded down to the nearest whole share (769 shares corresponding to £1,999.40). Applications for more than £2,000 of shares will receive 769 shares plus 30% of the excess amount, rounded down to the nearest whole share

You will get 38 bonus shares...max i believe

[jonwig] 21/6/2014 07:40

Prospectus page 255:

The terms of the Intermediaries Offer provide
for a Bonus Share Scheme pursuant to which investors
who acquire Ordinary Shares in the Intermediaries
Offer and continue to hold such Ordinary Shares
for a continuous period of one year following
Admission will, as at the date falling at the end of that
one-year period (the "Bonus Share Record Date"),
be entitled to receive one free and fully paid-up
Bonus Share from the Selling Shareholder for every
20 Ordinary Shares so acquired and continuously
held with the same Intermediary, subject to
certain conditions (as set out below) and solely in respect
of amounts up to £2000 invested in Ordinary Shares
in the Intermediaries Offer (meaning that a
maximum of £100 of Ordinary Shares (determined
on the basis of the Offer Price) will be transferred
to any investor as Bonus Shares).

You will get 38 bonus shares.

[canetois] 20/6/2014 22:49

Karateboy: Correct.

[karateboy] 20/6/2014 21:31

I checked My TDW account. I have applied for £2500 and I got £ 2147 worth of share which is 826 shares. I assume if I keep it for a year I will get another 43 shares free.

[canetois] 20/6/2014 21:19

For anyone still struggling to insert an EPIC try: TSB Bnk Grp Wi

[jonwig] 20/6/2014 18:47

karateboy - 1:20 only on the first £2000 application. If you'd applied for £2000 you'd have got 769, so you get 38 new shares.

[karateboy] 20/6/2014 18:36

I applied for £3k. I got 826 shares. We will get 5% divi next year in the form of shares. 1 shares for each 20 we held for a year. So that is your divi! . There is a chance somebody from America or Middle East may buy the remaining Lloyds share and take over TSB altogether ...

[christh] 20/6/2014 17:09

browney1 20 Jun'14 - 13:57 - 97 of 97

What's your point?

Its a free for all board.
Nobody is stopping you posting.

[browney1] 20/6/2014 13:57

1 or 2 people here talk so much tosh! ,,on this and various others esp banks..ramping and critising others.
This market is for all participants long or short , long term or short term.
Good luck all.

[deanroberthunt] 20/6/2014 12:55

Darias

Aye, the 100's of thousands, if not millions of peeps that know they can never pay off their mortgage.....the next bubble to burst, could be.

[manonph] 20/6/2014 12:01

325p by sept.
used to work for them
make loads of money by sticking to their knitting
no need for investment arm

[fjgooner] 20/6/2014 11:07

Lols. 296 was enough for me.

But good luck for more - I hope you do well.

[montyhedge] 20/6/2014 11:01

Core tier 1 a massive 17%, plus clean, Lloyds to underwrite any claims post IPO

[christh] 20/6/2014 11:00

fjgooner 20 Jun'14 - 10:37 - 92 of 94

Yes,I know which direction is heading!
My crystal ball says "up and up".

Do not cry now as you lost out by selling early!

It's your decision to stay out.Mine is to hold on to them because I see great value in this bank.

Barclays will come back and the dividend will be paid on Monday.
So I have not lost anything.

I let you cheer and congratulate yourself with your profits on TSB.
I will hold on to mine for my pension!

[christh] 20/6/2014 10:52

Jack Jebb
there is a demand because its quality, no debts, no liabilities.
Clean bank with many business and many branches.

How can it be unconditional if people already traded?

Perhaps on the 25th June more people will pile in and push the price to 350p.
As you can see the flotation was a success.

[jack jebb] 20/6/2014 10:43

I'm not sure you can look at it being 10 times oversubscibed as a reliable indication of real demand. Many will have been like me, applying for a load, getting a little, and selling, never to be seen as a shareholder here again.

Some funds have to buy it, which is where a lot of the post pricing demand is coming from.

[fjgooner] 20/6/2014 10:37

christh
20 Jun'14 - 09:38 - 87 of 91 0 0

tiger20 20 Jun'14 - 09:36 - 85 of 85

If you hold on for a week this will climb to 350p.

--------------------------------

@FSA licensed advisor on this BB named christh:

Re your: So you know which direction is heading!

Answer: Down?