I hope that October statement contains positive news both on figures and news on talks with regulators on divi resumption . I don't want to hear "we will be having talks with regulators later this year " . That really would be taking the p*ss . I hope year end statement in Feb 2015 gives us the divi we need although a modest one but at least a start .
"I would go as far as to say there will be a result before the end of September"
Agreed Zoros - its reasonable to imagine a divi plan would have supported HMG's public sale and it would smack of political interference should the PRA now try to delay those plans, bring on an RNS ;-)
I think it is fairl old hat now to recognise good news before it arrives. Something is pushing this SP uphill and my money is on the ii's getting wind that the resumption of divi's is a done deal sooner rather than later. I would go as far as to say there will be a result before the end of September.
Many people have lost lots of money in the global financial crisis, some LLOY and other Bank shareholders were hard hit. Today we are seeing some recovery, hope this trend will continue.The Dividend news when it arrives should help lift SP to near 80p. Have a great BHWE all.
HBOS shareholders did not have a say and we all lost a fortune when Lloyds took over.I also had.N Rock & B&B which our Gov stole from me for nothing so I am wary of holding banks as our Gov could steal them any time they want because they said if they took back money lent to N rock & B&B the 2 banks would be insolvent so the same could be said for Lloyds & RBS.GL
Lloyds was a joint effort between the politician (Brown) and the Board and their institutional shareholders. Eventually the responsibility rested with the shareholders who voted for the takeover of HBOS. Which everyone except for Sir Victor Blank, Eric Daniejs, Helen Weir and the rest of the Board knew was bust. The Treasury certainly knew HBOS was a basket case, prompting Brown to have his discussions with the Board member giving him the green light despite the OFT recommending that the bid be referred.
The Board did one fifth of the necessary due diligence which would have stopped the bid. I blame the Board and particularly the big shareholders whose greed got in the way of them fulfilling their duties under Company Law. And around 2.5m small shareholders in Lloyds were betrayed. Not Brown's fault - he protected public funds and we will get all our money back. The Lloyds TSB shareholders who bought shares in the ten years before the bid at prices up to £10 will never see their money back. Buyer beware!
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