Lloyds Grp 9.25 Discussion Threads

[trinders] 19/3/2020 09:17

Thanks all for your various comments, I guess it's all part of a flight to cash - for some people because of serious troubles , for others an attempt to preserve capital.

[holts] 18/3/2020 13:27

Can only conclude there are some fundholders of these who are in serious trouble

[westcountryboy] 18/3/2020 08:41

I don't know when those trades were but I topped up at 115.5 yesterday.

[yupawiese2010] 18/3/2020 00:03

If you look at the spread here, then drift over to the LLPD board where the shares are less liquid, yet the apparent spread is tight & also appear to be trading well above the quoted price.

Likewise over at BOI trades appear to be going through well above the quoted price.

[trinders] 17/3/2020 20:07

Thanks very much - long way above the quoted price - are they today's or only reported today?

[yupawiese2010] 17/3/2020 19:04

trinders - All trades are now released ( not that it will assist you ) !!!

[alphorn] 17/3/2020 14:33

red - pleased to hear that! I have my broker chasing.

[redartbmud] 17/3/2020 14:30

My LLPE divi is in the bank.

[trinders] 17/3/2020 13:29

Thank you for your replies, surprising that ADVFN is blank on LLPC transactions.

[alphorn] 17/3/2020 12:42

My LLPE dividend has not shown up yet.

[zangdook] 17/3/2020 12:23

trinders
There are a lot of trades showing here, though not from today yet:

[pierre oreilly] 17/3/2020 12:14

Either they didn't make it to the market you're looking at, or they were traded through another market.

[trinders] 17/3/2020 12:03

I'm as interested in why no transactions are showing up, including my own.

[valhamos] 17/3/2020 12:01

I think you have answered your own question.

You might want to try and connect - "I sold a small number of shares today" with "why are they going down?"

[trinders] 17/3/2020 11:20

I'm concerned and curious about LLPC. It has dropped over 20% in the last 3 weeks, but apparently only aroiund 80,000 shares have been sold. I sold a small number of shares today but they are not recorded on ADVFN's level 2 page for LLPC. Lloyd's own page on the LSE site shows the last five transactions as being off-book and in the price range 140.2 to 148.5, dated 11th and 6th March.

Given the interest on these shares why are they going down? Is Lloyds likely to stop payment??

[glavey] 14/11/2019 04:00

It's that black horse by your side, you have to keep your eye on it all the time as the beast is apt to go feral (Equus ferus) and you just might get trampled.

[my retirement fund] 13/11/2019 13:28

Its an issue of ethics. Bottom line ecclastrial are ethical, Lloyds are not and probably never will be. Hence the discount must apply.

[loglorry1] 13/11/2019 09:41

Yep slight discount due to the idea that Lloyds came up with (on Aviva's behalf) that they could effectively cancel the prefs at par (100p) if they wanted using some legal wranglings. That idea seems to have been put to bed but Lloyds never actually came and and said they'd never do it unlike others.

Personally I think that risk is very very small now especially given the size of the issue here but it's something to consider.

[jaf111] 13/11/2019 08:21

Moving up nicely along with most other prefs (currently 153/157p)but struggle to understand why these trade below Ecclesiastical (160/163p) when coupon is higher on LLPC - 9.25% vs 9.0% ELLA.

At some point this pricing mismatch will surely reverse.....

[cwa1] 31/10/2019 12:44

Yes, you're right, it is showing the wrong date for XD. To be fair to the FT they did at least get that right!

[jimbox1] 31/10/2019 12:39

Dividendmax.com site shows ex-div date as 1st Nov, but LSE site today showing special conditions ex-div already.

[cwa1] 31/10/2019 11:13

VH, thanks for that. Thought it might be a useful site-but I put LLPC in the site search box and nothing comes up. Ditto for LLPD and LLPE. Is there some way to find these prefs by their ticker, or some other way? How did you find them on the site? Thanks for any thoughts.

[value hound] 31/10/2019 10:47

I found it here CWA1:

hxxps://www.dividendmax.com/united-kingdom/london-stock-exchange/banks/lloyds-banking-group-975-non-cum-irredeemable-pref-shares/dividends