Hbos Share Discussion Threads

[tiggerboy23] 11/12/2008 22:26

True, i wish there was some good news, as i was half exopecting the share price to rise a bit after yesterdays ruling and hopefully when we get the result of the vote tomorrow!!! Fat chance of that now!!

[porridge3] 11/12/2008 22:22

Tigger

I have said that the banking sector still has a lot of pain to through.

[burned] 11/12/2008 22:19

Hindsight: +
Wish I had found this site sooner and then acted on the advice.
Problem is I didn't find it sooner and trying to decipher which financial advice was the best at the time it was given is very difficult when the history of the giver isn't known.Sadly i did listen to the board of directors who lied.
I haven't lost money yet but then I still have the shares (circa £6 a pop)
it's only money I suppose, the concern is income from HBOS via salaries (plural) so the sp,in terms of selling, to me is secondary to hope that jobs can be saved. it appears that the takeover is basically financed by HMG and survival is dependant on asset stripping.

Just an opinion based on not a lot of knowledge in financial dealings (obviously).

[tiggerboy23] 11/12/2008 22:16

News, usa bank to slash 30,000 jobs over next 3 years, i dont fancy our chances with the share price tomorrow!!!!

[porridge3] 11/12/2008 21:51

Wig

That looks positive to me, now you see that has me interested and I can move camps as soon as a profit looks possible.

oh by the way- Thanks very much shaf

[porridge3] 11/12/2008 21:49

Ok first of all, as I ALWAYS SAY !, I don't want anyone to lose money (I really don't-Not even Debbie).

I bought in for a swing trade, I had my doubts and bailed out, I thought uncertainty would drive this lower and IT DID, so why should I be hero and lose money?.

The banking sector is screwed and worse probably to come, If there is a rally between now and year end, I wil use as an ideal opportunity to short the banks in the new year.

But hey, no offence to anyone and good luck (I mean it) it may go up, it may go down, who knows?.

[wig123] 11/12/2008 21:33

Ben Harrington
Last Updated: 9:12PM GMT 11 Dec 2008

Traders kept their eye on HBOS as rumours swirled that an American investor is interested in buying the bank's integrated finance portfolio, which has equity stakes in around 70 British businesses.

The talk in the City is that advisers to Lloyds TSB, which is on course to acquire HBOS, have been approached by a US-based, secondary market private equity investor. It is said the investor is interested in buying a significant amount of the Bank of Scotland's integrated finance portfolio.

Since the merger of the two high street banks was announced, Lloyds TSB has been in talks with investment banking advisers about sounding out potential buyers of HBOS's portfolio of equity stakes. This is because it wants to offload its funding obligations to the companies in an attempt to reduce the stress of its balance sheet and to help secure a smooth merger of the banks.

HBOS lost 2.3 to 87.6p and Lloyds TSB retreated 9.1 to 158p.

[shaf5] 11/12/2008 20:01

may be you can tell us then Debbiegee the research you have done on HBOS and where the HBOS share price may be going from here

[debbiegee] 11/12/2008 19:17

SHAF We are definately not inrerested in what you and porridge are doing on the rio thread,you can discuss that there.
On the hbos thread we are interested in hbos and any news or events tht effect it.
We are also interested on what is posted or effects lloy shares and porridge has not done himself any favours there.
You dont even have the simplest of hbos research but seem to be able to talk for other hbos holders about what they wish to read here.

[bryan2] 11/12/2008 19:10

There are two widely traded BOS preference shares quoted on the equity page of the FT.
The Halifax PIBs probably date from when Halifax was a Building Society.
Halifax Bonds would be issued when it was a Bank.
The Bond that I have was issued by BOS paying 11% and is due to be redeemed 2014.
I assume that the merged bank will have to honour all debts in full and in agreemnt with the original terms of the bonds.
The only worry is in the unlikely event of the merged bank doing a Lehman.

[rkjones] 11/12/2008 18:06

Another pathetic ramp! Why don't they go away!!!!

[shaf5] 11/12/2008 17:37

Careful - i remeber RBS, Barcs and Lloyds share prices rose after vote even though those votes were a forgone conclusion aswell. i may be wrong but hoping for a little rise anyway.

[shaf5] 11/12/2008 17:35

i may be wrong but if you look at RBS shares. They are now trading at over 65p which is price paid by government to bail them out. With HBOS/ Lloyds, im not sure what price has been agreed but im sure its over £1. Once dust settles down im sure they will trade above the price bought by the government. Only danger is if for some reason merger is delayed.

[careful] 11/12/2008 17:27

the vote is a foregone conclusion.
the share price will not move.at least not because of that.
expect 90% yes.

[shaf5] 11/12/2008 17:23

porridge3- sorry guys but im going to defend porridge3. I bailed out of rio when they were £11 and if i had listened to porridge i would have not lost loads like i did so i have respect for him.
Im sorry Debbee but some people do want to know what shares people are buying and at what price. Im new to this so every little bit of info helps. Porridge - keep it coming. Im holding on until tomorrow though with HBOS. I bought at 92 and losing out again but this time im holding long term. I also have RBS and bought RIO again at 15.70.
Good luck everyone with tomorrows vote. Im sure hbos will rise tomorrow after vote if ftse and dow are up

[rkjones] 11/12/2008 17:08

No response from the opinionated parihia also known as porridge!!!

[maak128] 11/12/2008 16:58

SP has fallen as the sterling weakens further against euro- record low

[scotswhaehae] 11/12/2008 15:54

porridge3 = CRAIG666 = raven = idiot nonentity

filter

[ssvsjs2] 11/12/2008 15:49

ramp or deramp will have no bearing on footsie 100,unless it was the sage of omaha.

[rkjones] 11/12/2008 15:45

Porridge

For an individual who sounds vaguely educated, you seem to miss the point. There is no objection to day trading whether you publicise your trades or otherwise. What is of interest is your justification for making statements that the HBOS share price will drop like a stone today. What was your motive in stating that. You do not give a reason why this should happen - and it hasn't so far!

You say FTSE100 shares cannot be ramped/deramped by individual comments but your posting would suggest otherwise.

[rgolding1978] 11/12/2008 14:59

me to at 85p, have made 380 already.

[debbiegee] 11/12/2008 14:54

If that was the Scotch dumping [saw a few biggies go through could have caused the dip ] all the merrier as they wont be voting no.
I quoet happilly picked more up at 84.3

[cool hand kev] 11/12/2008 14:50

just a little shake before mondays big rally

[latics2] 11/12/2008 14:49

a yes tomorrow is a certainty.