Lloyds Grp 9.25 Discussion Threads

[my retirement fund] 10/11/2021 22:12

Take it, there next offer could be redemption at par imo !

[holts] 10/11/2021 18:57

Get stuffed

[kenny] 10/11/2021 18:15

I am guessing that a lot of institutions will accept the tender. They will not like being stuck holding a large percentage of what could become an illiquid security.

[boystown] 10/11/2021 17:33

Well at 1.6725, the yield is 5.53%, so I think I'll probably do nothing?

[folderboy] 10/11/2021 17:28

Boystown: that's my reading of it - but that sounds far too obvious. I guess we risk not getting £1.6725 but we have to offset that against the loss of the dividend - and the problem of finding somewhere that will pay the same, or better, dividend.

[boystown] 10/11/2021 17:23

So we're being offered £1.6725 for these (and we get the divi) - but if we decide to decline, nothing changes right?

[folderboy] 10/11/2021 17:09

Thanks for this - much to think over and, unless I am mistaken, not very long to do that thinking. Hopefully others, wiser than I, will make their views known.

[cwa1] 10/11/2021 16:44

IMPORTANT NEWS:-

[boystown] 05/11/2021 09:03

Oh, OK, thanks JAF111

[jaf111] 05/11/2021 08:54

No - payment on 30 Nov
xd was yesterday

[boystown] 05/11/2021 08:45

I thought payday was yesterday but haven't received anything from HL as yet?

[p@] 09/6/2021 11:18

CWA1 Thnx.....P.O.i have them certificated and they posted to me,have to reply by 15/6/21 ,so not much time,I don't think I will accept anyway.

[pierre oreilly] 09/6/2021 07:26

P@, any link, I can't find anything.Certainly things are happening in these types of things, nationwide are offering to buy back the original Cheshire pubs for a decent price (or at least a price 20% better than the market would give me a week ago).

[p@] 08/6/2021 15:43

NWBD-Offer £1.75 Buyback!

[cwa1] 03/6/2021 06:59

Mine have appeared now in EQI, so got there eventually

[folderboy] 02/6/2021 17:52

It is now (in my Halifax ISA Ac)

[folderboy] 02/6/2021 08:09

In II but not yet in my Halifax ISA Ac

[cwa1] 02/6/2021 07:42

Not had my dividend in at EQI for LLPC or LLPD. Anyone else not had theirs/got it from EQI specifically? Cheers

PS: Had it in all my other brokers

[williamcooper104] 26/4/2021 05:48

Was also wondering if there would be a tender offer for the aviva prefs I'd sell out at a 4 yield

[aspex] 26/4/2021 04:43

Ref post #906. I see I sold 40000 LLPC and 40000 LLPD at about 177 Feb 2018
No regrets as that capital trebled since.
Held most from 2009 or before at average 72p I recall.
An acquaintance got some at 40p when Lloyds went belly up.
They dropped a few days later

[alphorn] 20/4/2021 08:57

LLPE stable. Some Aviva Prefs on the move (expectation of buy-out? Skyship is the expert).

[cerrito] 19/4/2021 20:45

You are correct deadly about the fall and congrats to those who bought sub 125.
I am keeping my holdings under review given my concern that long term sterling interest rates will be well higher in 18 months time but will continue to hold for the forseeable future.

[deadly] 19/4/2021 20:29

Recovered all of last years losses as of today. Never should have dropped so much anyway.