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DO not underestimate how important this news is for the housing market, UK economy and the Labour government .. It is massively important t have strength in the UK biggest bank and mortgage lender.
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They're robbing their customers to achieve these profits though
I think we shoudl make denying that Lloyds is ENOURMOUS and STRONG a crime akin to holocaust denial
Hey Buzzer
That is the absolute point isnt it? The UK banks are ripping us all off by charging us more than they used to.. BUT, that is the reason why these monstous organisations WILL return to profit sooner , and be able to increase profits in the future.. My advice is buy the shares
It is also teh reason that the next goernment fo this country is likely to be a successful one. What better way to start your tenure than to pay the taxpayer back with interest!
That is the absolute point isnt it? The UK banks are ripping us all off by charging us more than they used to.. BUT, that is the reason why these monstous organisations WILL return to profit sooner , and be able to increase profits in the future.. My advice is buy the shares
It is also teh reason that the next goernment fo this country is likely to be a successful one. What better way to start your tenure than to pay the taxpayer back with interest!
My take on the 'absolute point' is they surely they shouldn't be robbing the tax payer under the pretence that it is to pay them back.
The banks have survived for now, and indeed share prices will probably rise, but sure enough they'll create another bubble and it will, once again, burst spectacularly and the tax payers will, once again, be left to pick up the pieces. The thieves will surely get their comeuppance at some stage, i wont hold my breath though!
The banks have survived for now, and indeed share prices will probably rise, but sure enough they'll create another bubble and it will, once again, burst spectacularly and the tax payers will, once again, be left to pick up the pieces. The thieves will surely get their comeuppance at some stage, i wont hold my breath though!
becos of inv banking ie u cant got f'n wrong at the mo
still hurt to come
still hurt to come
It's called the magic roundabout.
Enormously popular and successful concept.
Anyway Chisel's point is probably don't look a gift horse in the mouth, at least not in the short term.
We're all dead in the long term anyway.
Sorry if I'm putting incorrect words in your mouth Chisel.
Long live the revolution, I mean the recovery.
Enormously popular and successful concept.
Anyway Chisel's point is probably don't look a gift horse in the mouth, at least not in the short term.
We're all dead in the long term anyway.
Sorry if I'm putting incorrect words in your mouth Chisel.
Long live the revolution, I mean the recovery.
They are profitable because they have got rid of their worst liabilties, onto US, so that they can pay themselves billions in bonuses again.
chisel 26 Nov 11:34
vds,Good keeper
o'shea, Average at best
ferdinand Lost teh plot
vidic, Solid at best
evra,class act
carrick, flatters to decieve. Thick!
fletcher Over rated
scholes, too old
rooney, Not Ronaldo
valencia,Poor
berbatov could not give a toss if he wins or loses. (plays chess!)
Foster,Dreadful
rafael,Neat and tidy
brown,Deary me!
evans,Good prosect
fabio,Poor
giggs,Overrated too old
hargreaves,injured forever
park,Horrendous headless chicken
anderson, Ridiculous
owen,No Thanks
nani Wont pay again
kusczack,Unlucky not to be no 2
i neville,Absolutely lost teh plot
?,?,?, obertan, Not sure
gibson, Not good enough
wellbeck,Rubbish
macheda, ?,? Lucky to score 1 good goal. Cant kick teh ball properly, why does he always jump in teh air on his follow through?
Chelsea
Cech, Ivanovic, Terry Carvalho , Alex, Cole, Khirov, Lamos, Malouda, Ballack, Kallou, Obi , Cole, Drogba, Anelka, the list is endless.
1 United player would get in Chelsea team
vds,Good keeper
o'shea, Average at best
ferdinand Lost teh plot
vidic, Solid at best
evra,class act
carrick, flatters to decieve. Thick!
fletcher Over rated
scholes, too old
rooney, Not Ronaldo
valencia,Poor
berbatov could not give a toss if he wins or loses. (plays chess!)
Foster,Dreadful
rafael,Neat and tidy
brown,Deary me!
evans,Good prosect
fabio,Poor
giggs,Overrated too old
hargreaves,injured forever
park,Horrendous headless chicken
anderson, Ridiculous
owen,No Thanks
nani Wont pay again
kusczack,Unlucky not to be no 2
i neville,Absolutely lost teh plot
?,?,?, obertan, Not sure
gibson, Not good enough
wellbeck,Rubbish
macheda, ?,? Lucky to score 1 good goal. Cant kick teh ball properly, why does he always jump in teh air on his follow through?
Chelsea
Cech, Ivanovic, Terry Carvalho , Alex, Cole, Khirov, Lamos, Malouda, Ballack, Kallou, Obi , Cole, Drogba, Anelka, the list is endless.
1 United player would get in Chelsea team
can anybody tell me the target prices fpr rbs lloyds barclays for this time next year,plus 2 years today hung par.,
I think this week could be tough for banks.
1) Goldman Sachs probably impacts them.
2) Could get pulled into airline crises if one of them gos busto.
3) Looking more like hung parliament so next PM debate interesting.
1) Goldman Sachs probably impacts them.
2) Could get pulled into airline crises if one of them gos busto.
3) Looking more like hung parliament so next PM debate interesting.
I disagree soap. Lloyds should be up 3-4% without fridays news from gs. Even if the market drops this week lloyds rbs will lose very little. but if the ftse rises the shares will climb at an exagerated level. A 1% rise in the ftse would equal a 2-3% rise in bank shares. dont ask me to go in depth but take note. Lloyds opened 2% up this morning but have dropped back because of the ftse. Not sure how the ftse will fair this week but my advice is the first day we start to see a rise. steam in and buy Lloyds/rbs. you could easily be looking at a 3% gain first day. IMO the Lloyds shares are still very cheap. I can see them at £1.50 by the end of this year. Tho A government sell off may hit them. RBS I would still be worried about. They could get broken up yet. But if you have a spare 30k. buy lloyds sit for 5 years and you will be looking at 200k. Take my word for it. this game is easy. lol.
DO not underestimate how important this news is for the housing market
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DO not underestimate how important the housing market is to chisel.
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DO not underestimate how important the housing market is to chisel.
Potlis
It isnt all about the housing market you know! My point i sthat healthy banks means a healthioer economy(houses included).
The Goldman Sachs news could be very good news for UK banks. Lets face it, if they can recoup some of teh money they lost in teh swindle it can only improve their share price.
It isnt all about the housing market you know! My point i sthat healthy banks means a healthioer economy(houses included).
The Goldman Sachs news could be very good news for UK banks. Lets face it, if they can recoup some of teh money they lost in teh swindle it can only improve their share price.
robinlace1
not sure what % they were up when you posted but looking at closing prices seems wise post - wd
not sure what % they were up when you posted but looking at closing prices seems wise post - wd
There was no need to panic when the price of RBS and LLoyds dipped towards end of last year. They are no approaching 12 month highs despite profit taking. I expect the price of bank shares to continue to increase in the weeks and months ahead..
Banks are abslutely coining it in at the moment!
Banks are abslutely coining it in at the moment!
Soap
What has that got to do with anything? They were the unlucky ones..
The point is that when Lloyds and RBS went down the pan there were a few of us that put our money where our mouth was, I stated that with government support , banks would return to profit and your investment could one day make you very wealthy! From 12 pence to 54 pence is one hell of a return , and long term who knows where it will go?
What has that got to do with anything? They were the unlucky ones..
The point is that when Lloyds and RBS went down the pan there were a few of us that put our money where our mouth was, I stated that with government support , banks would return to profit and your investment could one day make you very wealthy! From 12 pence to 54 pence is one hell of a return , and long term who knows where it will go?
Chisel
WHat is has to do with anything is anything is people who invested in them lost what they had.
Could quite easily have been other banks its extremely clear how close to the brink many were.
WHat is has to do with anything is anything is people who invested in them lost what they had.
Could quite easily have been other banks its extremely clear how close to the brink many were.
The likelihood of this hare hitting 80p within two weeks is dependent not on the results released tuesday, but on two exterior factors
1. Goldmann and the furore
2. Greece and the bailout
Lloyds has got the business back under control and the underlying fact that property prices are accelerating upwards means the broad eco conditions its main profit relies on will grow.
Fingers crossed
1. Goldmann and the furore
2. Greece and the bailout
Lloyds has got the business back under control and the underlying fact that property prices are accelerating upwards means the broad eco conditions its main profit relies on will grow.
Fingers crossed
Spock
All confirmed today as expected, and a rise in the share price of Lloyds and RBS. They are approaching a 12 month high and share prices are accelerating. Not sure what price the governemnt needs to achieve to obtain a decent return on its money, but that price may not be too far away!
All confirmed today as expected, and a rise in the share price of Lloyds and RBS. They are approaching a 12 month high and share prices are accelerating. Not sure what price the governemnt needs to achieve to obtain a decent return on its money, but that price may not be too far away!
As if by magic!
Britain's largest retail bank said it expects to deliver a profit in 2010 as losses on bad debts continue to fall.
The taxpayers' stake is now worth around £2bn more than the Tresury paid for it.
Lloyds said bad debts had improved and costs have been kept down, enabling it to make more money than previously predicted.
However, while customer deposits are growing, the bank said the amount it is lending out has not changed since last year.
So are bank bail outs a bad thing? We also need to consider the profit the ban of England makes fromn being a lender of last resort..
Britain's largest retail bank said it expects to deliver a profit in 2010 as losses on bad debts continue to fall.
The taxpayers' stake is now worth around £2bn more than the Tresury paid for it.
Lloyds said bad debts had improved and costs have been kept down, enabling it to make more money than previously predicted.
However, while customer deposits are growing, the bank said the amount it is lending out has not changed since last year.
So are bank bail outs a bad thing? We also need to consider the profit the ban of England makes fromn being a lender of last resort..
The Government make a fortune from the bail out. the share holders make a fortune from the bailout. The traders make a fortune from the bail out. I think this answers your question.
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Wonder
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