London Scottish Bank Share Discussion Threads

[cyclingnut] 06/9/2008 10:51

all of the recent nice trades like the 250,000 on thursday must be "coincidentally" confident of a decent outcome here....I think people keep forgetting that we are in takeover talks and an offer could be presented to shareholders any day....or NOT.....

[m4p] 05/9/2008 23:04

GRLZ

how do you think the end game in this will pan out?

[grlz] 05/9/2008 20:32

Speaking of T trades and low morals - I just hope KDD doesn't fall on Monday to 4p as I just closed out my short accounts on that 1 - makes good my losses on CBC which went belly up taking 20k of my shrapnel - I can tell you losing 20K on an unfunded T isn't fun but then again making up the loss with a short felt very good ;)

LSB seems to have tailed off after some decent volumes - imho if anything over 700k changes hands on MON/TUE could be a further spike up - but that's just my chart not a rec

DYOR

[cyclingnut] 04/9/2008 13:12

LOWER THE PRICE SO THE big trades can slip through....nice moral markets...

[m4p] 03/9/2008 20:36

cn

there is no such thing as easy money in these markets as davius points out

just plenty of kicks in the knackers

best policy is don't get greedy imo

[cyclingnut] 03/9/2008 15:44

nice reversal for the day...my 20000 buy at 7.45p is still not showing....

[cyclingnut] 03/9/2008 15:20

davius,

u reckon it's worth slapping a T25 trade on these in the first week of October leading up to the 31st deadline....could be easy money...

[davius] 03/9/2008 14:54

Average here (as already mentioned) 8.88p, average in Woolies, 7.91p.

Have twice as many Woolies shares as LSB though, so happier to see that one just into profit for now.

LSB 7.00-7.42p
WLW 7.95-7.98p

It goes to show how an illiquid share often has a ridiculous spread.

(but then WLW is 10 times the market cap of LSB)

[cyclingnut] 03/9/2008 14:25

In Woolies but it needs to hit 15p before I am even!! I averaged down on these today...

[davius] 03/9/2008 13:51

My expectation when I invested was to see them sell off parts, do a little fundraising and end up with a higher profitable Robinson Way (estimated to be worth £60-£70m). That would mean a 40p share price before dillution, so perhaps 20-30p at todays level assuming they need to raise money via a rights issue.

But of course, there's no way we can really tell what it's worth yet, we'll only have a good indication when the funding is sorted out.

Off topic, Woolies just hit 8p if anyone's in there...

[cyclingnut] 03/9/2008 08:03

davius,

what are you personally expecting to transpire here....full takeover of the whole biz or selling off some of it?

[cyclingnut] 03/9/2008 07:33

davius,

Fear not, he will be back at school soon...

[davius] 02/9/2008 20:03

Someone sounds bitter, lost a packet on Jarvis have we?

Should laugh at the aflicted, but that kind of comment does bring a smirk to my face.

[davius] 02/9/2008 15:48

Nope, looking to make a profit, so anything from 10p to 15p will do me just fine. But for now I'll be happy to get to break even and see what transpires as we near the October deadline.

[cyclingnut] 02/9/2008 14:49

20p at least....?

[grlz] 02/9/2008 14:19

looking for an exit Davius at that average price?

[davius] 02/9/2008 13:13

I decided to add with some of the funds released by selling IEC. Brought my average down to 8.88p, hopefully achievable in the near future.

[meanm] 02/9/2008 08:44

We have a buyer again!

[cyclingnut] 02/9/2008 08:11

no not sure but I wonder what the chairman thinks will deliver shareholder value....issuing 10 trillion shares at 3p....?

[m4p] 02/9/2008 08:00

are we sure there will be no dilution?

[cyclingnut] 02/9/2008 07:59

so based o the chairmans last sentence...what is the group worth guys....any guesstimates?