Hbos Share Discussion Threads

[mova] 12/12/2008 17:00

so much for us all hoping to see £1.00 or higher before the new year

[gcom2] 12/12/2008 17:00

that 4m is uncrossed trade, doenst mean anything

[maak128] 12/12/2008 16:52

looks like closed at 67.5p

[wig123] 12/12/2008 16:51

maak128 - 12 Dec'08 - 16:46 - 24114 of 24117


WOW 4m just went as a sell




WOW!!!!!! and who bought it?

[chesty1] 12/12/2008 16:50

Cheers maak.

[maak128] 12/12/2008 16:48

still in auction.............

[chesty1] 12/12/2008 16:48

So what price did we close at after the price monitoring extension anyone ???

Cheers

[maak128] 12/12/2008 16:46

WOW 4m just went as a sell

[dexdringle] 12/12/2008 16:37

HBoS are writing off large specific chunks but theres little mention of trading position and ultimate figures other than the fact that margins are being eroded ?

What I mean is that last years £5.5bn profit was after writing off something like £2bn.

So, could it look like this :

2007 pre write off profit £7.5bn less write off £2.0bn = £5.5bn net profit
2008 pre write off profit £2.5bn less write off £8.0bn = £5.5bn net loss

This is what it will look like if normal margins are eroded to wipe approx two thirds off the trading profits (£7.5bn down to £2.5bn) and then £8bn is taken off that as bad debt / provision.

A £5.5bn net loss for the year would be acceptable against a near £30bn net worth wouldn't it given the state of things ?

[spacetomato] 12/12/2008 16:24

Porridge called it greatly if he told you to sell yesterday at 90p. Yet, HBOS washed their dirty laundry just before the vote, so I expect the share price to reflect the support by the BG and with Lloyds merger. This is now the biggest UK bank and their share price will soon be much higher. News of the actions to be taken by the directors will improve the share price I am a shareholder till I see th share price go over 95p.

Good luck all holders.

ST

[shaf5] 12/12/2008 16:16

should have listened to you porridge. i should have got out yesterday at 90p. Looks like i will now have to hold as im not going to make another loss.

[spacetomato] 12/12/2008 16:13

Aceuk - 12 Dec'08 - 10:45 - 43023 of 43102


* Merrill Lynch has a buy for Royal Bank of Scotland and a neutral on Barclays.

* Panmure Gordon has a hold and 105p target for HBOS.

* Collins Stewart has a hold and 98p target for HBOS.

[mova] 12/12/2008 16:03

the fact that the parity between lloy and hbos has increased - this is worrying me -- lloy = 1.35 hbos .705 ????? why ? how can this be

[brx7] 12/12/2008 15:53

monday auction rally to 77p

[huffyuk] 12/12/2008 15:52

FF - I agree.

[spennysimmo] 12/12/2008 15:20

Both sp's will rise but HBoS at a higher rate to catch up imo :-)

[debbiegee] 12/12/2008 15:19

I think 1 month before AL. recieved share offer from Santander they traded at exact parity.
So the gains are possibly now rather than later but it would be a question of where will lloy trade in the future or next month?

[mova] 12/12/2008 15:03

spennysimmo - thank you - at this rate you will get more LLOY shares for your pound by buying HBOS shares - rather than buying shares in lloy . ( thats how it appears to me ) - i would like to think - once merged , they will be more profitable - hence an improved share price . i hope

[chesty1] 12/12/2008 14:59

Markets turnin north for a friday rally.

[spennysimmo] 12/12/2008 14:55

mova, not at all. All I am saying is a lesson has been learnt. I bought heavily into HBoS when .833 was being offered and they were trading at around a .6 difference so it looked like easy money. The terms won't be re-negotiated, it is a done deal, however in my opinion you will not gain when the transfer takes place because I think when it comes to the day to convert the ratio will be bang on .605 That is my opinion. If I was to buy HBoS now it would be because I thought the share price was going to go up, not because I thought I was going to gain free money on the conversion to Lloy.

[chesty1] 12/12/2008 14:53

They wont renegotiate it....This is it.

LONG n gonna stay there.

[mova] 12/12/2008 14:50

spennysimmo - are you suggesting - the terms can get renegotiated - yet again ?

surely - they cant , as it has all been confirmed and voted upon.

when will the final (exact ) results be announced

[propane] 12/12/2008 14:42

.65 still undervalues hbos compared to the current loyds price.