Hbos Share Discussion Threads

[poacher45] 14/1/2009 09:54

Shorts are supposed to be closed today. In fact in the offer document it says they have to be. I think the difference is that if you have a short for a 1000 and you try and settle it tomorrow it would be ruled out of court. However the institutions are short of over 100,000,000 shares and they will just be allowed to run it on with the new company. It is just so wrong.

[freedom97] 14/1/2009 09:34

How do you know if any shorts are still open. I would have thought they would have closed them last week when the share price dropped, not now when share price is high, unless they have no brain.

[propane] 14/1/2009 09:29

I'm not so sure that shorts have to close, i suspect they would convert pro-rata to lloy holdings.

[cool hand kev] 14/1/2009 09:23

I'm guessing that shorts wont close until after the end of today therefore not effecting the share price
So what will the new merged co. share price be relative 2 lloyds SP?

[sleepless1] 14/1/2009 08:54

..more like up and down.

[rkjones] 14/1/2009 08:52

Banking index bottom of the sectors so far today. HBOS/Lloyds up!! Encouraging.

[irpy] 14/1/2009 08:46

thnx for the answers k38. Things could be interesting today then.

Of course I would rather see the excessive short positions not closing as they would end up losing out. LoL

[k38] 14/1/2009 07:27

yes
yes,
a good day today i will say,or a... good morning.

[irpy] 13/1/2009 23:32

Two questions (sorry if they have already been asked 1000 times before but I have'nt been following the chit chat):-

1) Are there any significant shorts left?
2) Will they have to be closed tomorrow to avoid losing on the whole deal during the conversion process?

TIA

[k38] 13/1/2009 18:46

Rock shareholders demand payback

Lord Pannick, who is acting for SRM Global, said that if the government really believed its own valuation of the firm, it should justify it to the valuation expert.
The hearing is expected to last more than three days.

The three-and-a-half-day hearing in the High Court in London will last until Friday. A final decision is expected in about six weeks.

[fr4dge] 13/1/2009 18:34

Thanks chris001

[chris001] 13/1/2009 14:10

Fr4dge
has happened on some previous trades of mine they should just convert with profit or loss carried over

[jennyj] 13/1/2009 13:26

Short on STAN and HSBA - emerging market - kaboooooom lots of indian and chinese madoffs.

Long on RBS, LBG and BARC - the fun is over, buy buy buy


Gordon will print infinite money for his favourite bank LBG

[jennyj] 13/1/2009 13:26

Short on STAN and HSBA - emerging market - kaboooooom lots of indian and chinese madoffs.

Long on RBS, LBG and BARC - the fun is over, buy buy buy


Gordon will print infinte money for his favourite bank LBG

[freedom97] 13/1/2009 12:33

Tomorrow, is the last day for dealing in HBOS shares, so it seems a bit risky to buy HBOS shares at current price because if Lloyds tanks Thurs or Fri., come Monday hbos holders who buy at current price might be sitting on a loss with the new lloyds shares. Then again if Lloyds rally Thurs/Fri then they will gain. Am I right that only HBOS dealing stops at close tomorrow?

[diku] 13/1/2009 10:02

sorry is the 14th Jan to do with Preference shares or Ordinary shares? or both?...HBOS website is not very timetable friendly!...

[fr4dge] 13/1/2009 10:01

Anybody able to tell me what will happen to my CFDs for HBoS when the merger goes through?

Will they convert to longs in Lloyds at the prevailing rate or will they be closed?

[makemoneytoday] 13/1/2009 09:54

Shares in HBOS will cease to be traded at end day Wed 14th Jan (will remain listed for Thurs & Fri) & will be de-listed on stock exchange before trading opens on Mon 19th Jan. Read RNS news released yesterday.

[hdenandy] 13/1/2009 09:44

diku - correction - shares stop trading end of day on the 16th Jan., NOT the 14th.

[leopold555] 13/1/2009 08:17

Citigroup figures were terrible, guess this has hit the banks today.

[cool hand kev] 13/1/2009 08:17

have the shorts closed yet I haven't seen any news to say so?

[debbiegee] 13/1/2009 05:44

will the new epic be tsb?

[k38] 12/1/2009 23:57

guys keep in mind...new shares start trading 19th of Jan :)

Expected time 8.00 a.m and date of admission on 19 January 2009
and commencement of dealings in New Lloyds TSB
Preference Shares and ADRs evidencing New
Lloyds TSB Preference ADSs on the London Stock
Exchange

the race is on....next 175p...205p...240p..........300..........

[diku] 12/1/2009 23:30

guys keep in mind...shares stop trading end of day 14th Jan..