(LLOY.L) Lloyds Banking Group PLC Buy/Sell

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Author	GregorSamsa View Profile \| Add to favourites \| Ignore
Date posted	2009-11-04 07:27
Subject	Lloy vs RBS... Remember when
Opinion	Weak BUY
Votes for this Posting	Not voted up. Voted 1 time.
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we had this discussion on the BB about which was the better stock to own? Not gloating (well maybe a little), but just to say as PIs at times, we really cannot have enough information at our fingertips to make the kind of judgements we do. Reading in between the lines of the new RBS APS deal - I dare say the bank is even in a worse situation than the spin being put on it. Hope is that with any luck, LBG will use the revenue generated over the next 2 years to do a buyback from the govt. Then we can loook forward to divis in 2012. I had forecast divis for Q4 2010 but then as stated above - no one had information about a ban on divis for 2 years.
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