Member Info for Godber

Good job Lloyds are busy building what will be a substantial property to let business eh?

Interesting that Lloyds banking group shares have been held back due to scarey speculation about their exposure to potential bad debt via house reposesions, yet in 6 months during the 2008 /9 crash where 48,900 homes fell foul of bailifs, in the first sic months of this year there were just 1,100 repossessions.

Huge bad debt provisions have been made by Lloyds, and when those accruals bounce back to their bottom line. I'll be there.

And yes, I WILL say, I told you so.

Have nanosynth actually been wound up now? And all shares worthless?

You are spot on regarding NDA'S, and the very fact that you were even advised about confidentiality a d permissions needed or required is disgraceful.

The FCA can be a toothless tiger unless there are big headlines to be had, but all you have needs to be reported and relentlessly persued.

Wish you well.

One thing is for certain.

You cannot ignore Lloyds group balance sheet, and they are never going to need to use the funds accrued as bad debt provisions, which will only add to the bottom line when they choose to.

Help a novice please ...

Dr Cave may be OK but what has happened exactly? have Virosynth bought Nanosynth? he had a lot of shares to lose, has everyone now lost their shares in Nanosynth? is there any future?

Thanks.

Anything buried can easily be dug up.

The Pirola Covid virus has today been officialy recognised as being on the infection march in the U.K. with confirmed hospital cases. Unfortunately, this will be big news in the comming months, but a better opportunity to sell Dr. Cave's superior mask has never been better.

Anyone and everyone will need this product' or will the U.K. miss the boat again!

And if it does, I'll carry on filling my bootsand wait for the huge bad debt provision that won't be needed to hit the bottom line.

One for BBC Money box ?

In reply,

Chips, 100% agree with you.

Lloyds group shares are a sleeping giant, and when she wakes, the markets will be saying g how obvious it was that the SP had been way undervalued.

Meanwhile, smarter individual analysts are very quietly filling their boots, just like us.

Err... five diggers?

If it isn't to icnow, then it can't become toxic as the stress tests on new mortgages are severe. Any bad debt that may occur is already accrued for with cash set asside.

And that's the same cash that will hit the bottom line when it isn't used.

And it won't be.

Keep talking the share down, and I'll keep filling my boots, because it won't be too long to wait for good regular dividends and a a hefty % rise in equity from the SP.

If this share was 65p today, I'd STILL be filling my boots.

They have a cracking balance sheet, costs are reducing, and the bank does NOT have a toxic mortgage book.

One thing you really CAN bet your shirt on is that all those City individuals talking Lloyds down will be regularly filling their own boots with Lloyds group whenever they can, whilst it lasts.

There has NEVER been a time when a UK bank had a low price for too long and there never will be. There is nothing toxic about Lloyds, and don't make the mistake of confusing what a future Labour Government will do to banks with what they WON'T do!

I reckon Lloyds group are a great bargain buy. They are set to change to a regular reliable divi payout, moving into the rental housing market, they don't have the toxic mortgage book some city folk seem to think they have, and the so called cost of living crisis doesn't exist for the overwhelming majority.

At under 43p I filled my boots and then some!

So, who is this interested investor? That prompts a delay in preceeding for due diligence to be carried out?

And what happens to our shares if a new investor jumps in? Do they transfer to a new company? Stay with the rebooted company?

In short ... do they or could they have any value at all?

I'm a Newby at this game as you may have guessed, and so far, learning looks expensive.

Good luck everyone!

But is that a good thing or bad?

Thanks.

That's 100% official? And what does justice look like realistically?

So when are next announcements / information given out?

In short, when will shareholders know for sure whether they have lost everything or something salvaged?