Never seen this place so busy on a Sunday!! This is a Finance company.Any turbulence in the market at any time Banks will respond with a dip.A sharp dip in the days or weeks before the float will kill the deal, a sharp dip after the deal will kill Sid or rather sink his capital.Some SIDs will borrow to buy. Past HMG sales have seen many SIDs buying to stag, Lloy will be sold to Sid for under a pound, stagging will fetch enough to buy two Kebabs and a Pepsi + two tickets to Cineworld 3D shows. Well well worth voting for Tories. Tomorrow will see some upside in the Market , but Lloy will see more volatility. IMHO ,the Tory announcement was a bad decision if not very bad GLA
Sooner these are sold the better. Then we can rid of these idiot politicians. Have yet to meet anybody who has a good word for any of them.. is it too much to just wish we could produce another Cromwell..
Well it was always going to be in tranches. I believe Labour would go ahead; they would need the money and surely would not want a partially nationalised bank? Sturgeon now wants to take over N of England. And it is utterly disgraceful that Hammond has said how sad about the migrants difficulty in Italy but like the oThers has offered no practical help at all.
The colour of the next government the wad of Lloy shares on HMG s book will burn a hole in their pocket the proceeds will be handy if only for bragging rights wrt bringing down debt and raising spending on schools NHS etc
Another well planed stunt ,to devalue this share, the fourth by my count and still along way to go before we see any real progress with lloyds, if the sale happens , it gives them a good, chance to offload more to the real interested parties ( institutional investors) at another knock down price.
" The Tories have suggested seven times since 2010 that there could be a sale of Lloyds shares to retail investors in the vein of Mrs Thatcher’s 1980s privatisations, including British Gas with its “Tell Sid” adverts. Instead recent Lloyds share sales by the government have been to big institutional investors. "
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