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dropshipper · Nov 4, 2009, 07:56

Lloyds Tsb banking is offering share holders cheap Shares, For every share holder that holds lloyds shares now and before 24th november they are offering a massive discount on shares if you buy them soon.

3 months ago they offered this and I made £10,000 profit , Has anyone else got shares in lloyds TSB , OR RBS ? And thinking about taken this offer up ?

I have phoned the bank and they cant say how much discount you can have untill the 24th november 2009. They also said you can only pay by cheque which is not what I am used to

molona · Nov 4, 2009, 08:06

I would accept the offer I could view the conditions AND review how Lloyds TSB have worked during the last year.

Mind you, things are improving in UK so shares from everywhere will get their normal prices in 1 or 2 years... so it is a good investment in the medium term.

Then again... There is this one bank that will be throwing thousands of shares to get out of the Government control... is it Lloyds? Can't remember right now. Except for the FTSE100, I am not very much in the UK Share Market.

dropshipper · Nov 4, 2009, 08:17

I have a feeling that as soon as i post my cheque and when it clears the share price will dropship, becouse their is so many shares in issue and I will be no better off

I know that its a long term investment, Yeah I will most likely take up the offer. Thanks for the post

AlexDawson · Nov 4, 2009, 11:10

I wouldn't touch shares from that group, their in serious financial deficits and the government has had to bail them out (more-so than most other banks) It's like throwing money on the titanic and hoping it makes it across the ocean for you to collect the interest payments.

BPartch · Nov 4, 2009, 11:44

This relates to the web design/development industry how?

dropshipper · Nov 4, 2009, 12:00

Yeah maybe the gov have lost hope in lloyds and want to get the money back from them before they go under. maybe who knows.

rhysboy84 · Nov 4, 2009, 12:13

Quote:

Originally Posted by molona

Then again... There is this one bank that will be throwing thousands of shares to get out of the Government control... is it Lloyds? Can't remember right now. Except for the FTSE100, I am not very much in the UK Share Market.

Yes Lloyds are one of the banks that are part owned by the government.

**raena** · Nov 4, 2009, 19:13

As interesting as I'm sure this is, it is better served in general discussion. It's not really related to the web development industry.

*moved*

molona · Nov 5, 2009, 00:16

I think I need some holidays... I dind't even see that it was in industry news

Nov 4, 2009, 07:56	#1
dropshipper SitePoint Member Join Date: Nov 2009 Location: United Kingdom Posts: 19	Lloyds TSB Banking Shares , Rights Issue , Price Drop Lloyds Tsb banking is offering share holders cheap Shares, For every share holder that holds lloyds shares now and before 24th november they are offering a massive discount on shares if you buy them soon. 3 months ago they offered this and I made £10,000 profit , Has anyone else got shares in lloyds TSB , OR RBS ? And thinking about taken this offer up ? I have phoned the bank and they cant say how much discount you can have untill the 24th november 2009. They also said you can only pay by cheque which is not what I am used to

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Nov 4, 2009, 08:06	#2
molona Community Advisor Join Date: Feb 2005 Location: from Madrid to Heaven Posts: 3,049	I would accept the offer I could view the conditions AND review how Lloyds TSB have worked during the last year. Mind you, things are improving in UK so shares from everywhere will get their normal prices in 1 or 2 years... so it is a good investment in the medium term. Then again... There is this one bank that will be throwing thousands of shares to get out of the Government control... is it Lloyds? Can't remember right now. Except for the FTSE100, I am not very much in the UK Share Market.

Nov 4, 2009, 08:17	#3
dropshipper SitePoint Member Join Date: Nov 2009 Location: United Kingdom Posts: 19	I have a feeling that as soon as i post my cheque and when it clears the share price will dropship, becouse their is so many shares in issue and I will be no better off I know that its a long term investment, Yeah I will most likely take up the offer. Thanks for the post

Nov 4, 2009, 11:10	#4
AlexDawson SitePoint Mentor Join Date: Feb 2009 Location: England, UK Posts: 4,416	I wouldn't touch shares from that group, their in serious financial deficits and the government has had to bail them out (more-so than most other banks) It's like throwing money on the titanic and hoping it makes it across the ocean for you to collect the interest payments.

Nov 4, 2009, 11:44	#5
BPartch Is in total shock!!!!! Join Date: Jul 2003 Location: Texas Posts: 6,597	This relates to the web design/development industry how?

Nov 4, 2009, 12:00	#6
dropshipper SitePoint Member Join Date: Nov 2009 Location: United Kingdom Posts: 19	Yeah maybe the gov have lost hope in lloyds and want to get the money back from them before they go under. maybe who knows.

Nov 4, 2009, 19:13	#8
raena Administrator Join Date: Oct 2008 Location: Melbourne Posts: 400	As interesting as I'm sure this is, it is better served in general discussion. It's not really related to the web development industry. moved

Nov 5, 2009, 00:16	#9
molona Community Advisor Join Date: Feb 2005 Location: from Madrid to Heaven Posts: 3,049	I think I need some holidays... I dind't even see that it was in industry news