LLoyds Back In Private Ownership
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 Lyons550  Shirley 17 May 17 8.58am |
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....at last, and with a profit for the state as well Edited by Lyons550 (17 May 2017 9.00am)
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pefwin  Where you have to have an English ... 17 May 17 10.43am |
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Nice to see but the State could have made more shares were knowingly undersold.
"Everything is air-droppable at least once." "When the going gets tough, the tough call for close air support." |
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| Lyons550 Shirley 17 May 17 11.25am |
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Originally posted by pefwin
Nice to see but the State could have made more shares were knowingly undersold. The fact the government was the major shareholder was what held the prices back...no one in their right mind was going to buy the shares knowing the price that the Government paid for them...they simply waited for the Government to give in to the pressure to offload them, flooding the market. Now the shares are back in the market place they will rise...but only because the Government has let go...but you'll still get people who dont quite understand how markets work assuming if they'd held on to them that they'd have got more... Still at least there wasn't a loss. RBS is a different story and could learn a lot from the way Lloyds have restructured...I can see an inevitable break up of the business to allow it to fall back into private ownership again though.
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| jamiemartin721 Reading 17 May 17 12.22pm |
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Question though, if its profitable, why discard all the shares. Wouldn't it benefit the state to remain a shareholder in Lloyds?
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| Part Time James 17 May 17 12.28pm |
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Rather splendid news indeed.
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| Part Time James 17 May 17 12.29pm |
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Originally posted by jamiemartin721
Question though, if its profitable, why discard all the shares. Wouldn't it benefit the state to remain a shareholder in Lloyds? Yeah, look at how much the shares have gone up since the announcement! But that's a paradox.
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| Lyons550 Shirley 17 May 17 12.31pm |
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Originally posted by jamiemartin721
Question though, if its profitable, why discard all the shares. Wouldn't it benefit the state to remain a shareholder in Lloyds? It would to a certain extent...i.e. that they could reap the rewards via dividends...however the clammer from those who objected the propping up of the system in the first place would continue on. It's served it's purpose, made a small profit for the tax payer in the process as well. But as I say...RBS is a different matter altogether.
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| Lyons550 Shirley 17 May 17 12.33pm |
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Originally posted by Part Time James
Yeah, look at how much the shares have gone up since the announcement! But that's a paradox.
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| Mr_Gristle In the land of Whelk Eaters 17 May 17 12.36pm |
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I wonder what odds would be available on Antonio Horta-Osorio moving to HSBC or RBS with a big pay & bonus rise in the very near future? Job done for him at Lloyds, with a healthy return on his share options in the offing too.
Well I think Simon's head is large; always involved in espionage. (Name that tune) |
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| Lyons550 Shirley 17 May 17 12.37pm |
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Originally posted by Mr_Gristle
I wonder what odds would be available on Antonio Horta-Osorio moving to HSBC or RBS with a big pay & bonus rise in the very near future? Job done for him at Lloyds, with a healthy return on his share options in the offing too. I'd suggest they're very small...at the AGM a few days back there were rumours circulating that he's likely to be off soon from what I've read.
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