Lloyds Grp 9.25 Discussion Threads

[horndean eagle] 16/8/2011 14:12

Currently priced for non payment for a bit longer than a year. Assume 9% yield and LLPC should be trading at 103p. Current share price is assuming non payment for more than 2.5 years (9.25*2.5)+77 =100p.

[kiwi2007] 16/8/2011 13:54

Certainly priced for non payment next year.

[solomon9] 08/7/2011 12:08

Good news though the higher Basle requirements mean those ECN's will have an even bigger safety net as the regulatory bar will be higher hence the cushion will have to be higher again.

[jonwig] 27/6/2011 11:17

Only 2785 shares @ 80p - were they robbed?

I sold 8000 of mine first thing and other sales have been similarly around 86p.
What swung it was the FT front page today:

Lloyds Banking Group's exposure to the riskiest kind of mortgages is more than double that of any of its top five rivals in what is potentially a ticking time bomb for Britain's largest high-street lender.

[kirkie001] 27/6/2011 10:58

Somebody just got rid of a chunk at 80p?

[scbscb] 27/6/2011 10:24

This was mentioned in IC this week. Mildly posiive article worth buying but best to wait.

[holts] 21/6/2011 10:50

or higher , always a risk .

[kiwi2007] 21/6/2011 09:58

In the meantime these could go considerably lower.

[montyhedge] 15/6/2011 17:41

3 years time, all will be well.

[montyhedge] 15/6/2011 17:32

We all make mistakes Eric.

[solarno lopez] 15/6/2011 17:26

that seeems to be the consensus MONTY

[eric gardener] 15/6/2011 17:26

For a thread that is hardly ever posted on that was possibly the fastest reply ever.

I thought these llpc were supposed to pay out in may? wtf.

[montyhedge] 15/6/2011 17:24

My guess 3 years time?

[eric gardener] 15/6/2011 17:23

when will llpc start paying a div?

[simon gordon] 11/6/2011 11:19

NWBD vs LLPC:

[eric gardener] 24/5/2011 21:46

It just does my head in, these in my portfolio are effectively being subsidised by my gaca and nwbd.

My concern is that rates rise to 1.5 - 2% and the ftse is locked between 5 and 6k for the next 3 years, where would that leave prefs like these?

gaca should be paying out in the next couple of weeks if my calculations are correct

[jonwig] 24/5/2011 11:34

One possible problem ... these prefs are taken on board from HBOS, who knows how much of the acquisition will need to be unravelled. It could be more than the EU told them to.

The rump of LBG could then have more prefs, etc. on its balance sheet than it is comfortable with. That's not so much an argument for freezing the payment further, as a case for restructuring in some form.

[catcheemonkee] 24/5/2011 11:28

It matters not a jot what the ordinaries' share price is - once Lloyds are within a year of wanting to resume their dividend they'll need to already be paying ours. I don't really doubt the resumption of pref dividends next year. Well not much, anyway!

[cwa1] 24/5/2011 08:15

Funny that wcb, that's more or less why I bought them too! Hoping that dividends are paid when anticipated but have already mentally pencilled in a slightly longer wait that first expected but should be happy when they resume.

[westcountryboy] 24/5/2011 08:10

Because you know a good long-term investment when you see one? And because you know the Buffett mantra that the stock market is a great mechanism for transferring wealth from the impatient to the patient.