Lloyds Grp 9.25 Discussion Threads

[madmix] 19/4/2012 19:24

silverballs,

LLPC is irredeemable though, surely?

9.25% NON-CUM IRREDEEMABLE PREF SHS

[silverballs] 19/4/2012 18:23

There is little doubt in my mind that this forthcoming May 31st coupon will be paid.LLPE was paid in March.As you say you would normally expect the coupon to be knocked off the price.However,with the yield being so high ,this might not be the case,and if it is i would expect buyers to come in for the stock.The largest risk for this stock in my mind is that it will at some stage be redeemed and the high income opportunity will be lost.We shall see !

[cwa1] 19/4/2012 15:34

Anyone care to speculate what kind of effect XD date(assuming there is one!) might have? Huge relief that payments have re-started and being a near 10% perpetual yield the price stays much the same, or even increases? Or just lop the XD amount or so off as is normally the case when a stock goes XD?

[eithin] 19/4/2012 15:22

Going by LLPE and LLPF ex dates, wednesday 9th. May my guess for LLPC/LLPD

[insipiens] 18/4/2012 16:32

They were unreliable on these dates being announced back when they were paying in 09. I'm not worrying about it....

[the diviner] 18/4/2012 16:28

I would not expect the stock exchange to indicate anything before the 30th April 2012 at the very earliest.

My guess is that the ex-dividend dates for both LLPC and LLPD will be sometime during the week beginning 14th May 2012 and it is possible that the stock exchange will not provide any indication before then.

Regards,
TD

[jonwig] 18/4/2012 10:43

When it goes xd that will show up in the 'Special Conditions' box here:



I had today down as the most likely!

[papy02] 18/4/2012 10:14

It's the closest Weds to the last ex-div date before EC block
Edit: I mean this Weds 18th April is, so worrying that share price hasn't dropped

[holts] 18/4/2012 09:48

I thought it may be today , which clearly is not the case.

[harmonics] 18/4/2012 09:19

Is there any information supporting the XD being next Wednesday?

[cwa1] 16/4/2012 13:18

XD possibly Wednesday?

[gary1966] 16/4/2012 12:53

Somebody is keen with an 800K buy.

[harmonics] 17/2/2012 11:41

I toped up first thing at 90.5p
Here comes the catch up, I don't understand why the market was so slow in finding parity with other LLPx shares?

[harmonics] 16/2/2012 15:42

Yeah, but it may be time to top up now that it is certain?
It's a 10% PA earner for all you divi-hounds!
LLPE is rising, logic would say that LLPC should rise at the same pace?

[solarno lopez] 16/2/2012 14:39

in that case shouldn't the price be a little higher !

[harmonics] 23/1/2012 14:42

Everyone is waiting the next RNS, the share price will either rocket or plumet from here.
The signs are that the cupon will be resumed but conformation will send this to 100p+ in my opinion, the city is waiting and watching.

[insipiens] 20/1/2012 15:04

they issued an rns yesterday which stated that they are paying accrued coupons on some higher T2 instruments (not the prefs).

[harmonics] 20/1/2012 15:01

Well the market looks convinced!

[harmonics] 09/1/2012 15:03

LLOYS have said in a previous statement that they plan to pay the prefs post Feb 2012.
In my ignorance I expect them to go ahead with the cupon reinstatement or make a statement announcing a U turn which could be a problem for them in terms of 'loss of face/confidence'
CWA1 - you are right about the motley fool threads, they are interesting to the point of being slightly mind numbing!

[cwa1] 09/1/2012 08:27

Just in case others haven't seen it...

Some interesting, IMHO, talk on the Lloyds LLPX prefs over on TMF:-



A longish thread with post 32168 in particular, and onwards, being the most interesting for LLOY Pref series holders.

[catcheemonkee] 10/11/2011 10:42

Could be. Plus LLPC is the pref that always gets mentioned in articles, not LLPD. LLPC have many more outstanding so should be more liquid though I find that if there's a liquidity problem with one of them, the same applies to the other. I *think* I'm now at a long-term hold level, though I may well sell a few of either LLPC or LLPD once they're finally at a (much) higher level. Though I reserve the right to change my mind!

[holts] 09/11/2011 18:37

catchee , is the difference connected with what is outstanding and therefore perceived liqidity ?

[p@] 09/11/2011 08:23

Very well written CW.