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    halifax shares- do i sell?

    Banned
    ive got some shares with hbos via nominee acc

    do i sell them today or is it better to wait untill the merge completes?

    when the merger completes what happens to the hboss shares? do they transfer into the lloydstsb share price?

    11 Comments

    I'm wondering the same, think I will hold onto mine and I assume they will change to LLoysHBOS shares or what ever name they call themselves when it happens.

    They didn't cost so I haven't lost anything as got them when Halifax merged with RBOS

    Possibly keep them,

    THE BBC: Under the terms of the deal, which must be agreed by investors, HBOS shareholders will receive 0.83 Lloyds shares for every HBOS share.

    LLoyds TSB shares are between 2.70 - 2.30 currently

    THE SUN: Black horse bank” Lloyds TSB last night agreed a price of £2.32 a share for HBOS, around a fifth of the stock’s value last summer.

    some chap on gmtv this said you get 0.8 of a lloyds share for 1 HBOS share said this is approx £2.35 a share.
    But also said bank shares arent very good at the moment and shares are a 3-5 yr investment

    what will they be called?

    LloydsTSBHBOS

    http://i303.photobucket.com/albums/nn121/faiza333/snn1806gx1_682_587893a.jpg

    0.83 shares in Lloyds for each HBOS share you own. As above, bank shares aren't great at the moment but they will go up in price once all of the recession/credit crunch stuff has calmed down, and HBOS/Lloyds would be a pretty big banking group.

    Who knows when that will be, though?

    [QUOTE=magicbeans;2996159]what will they be called?

    LloydsTSBHBOS


    LLoyds ?
    LLoyds & Co ?

    suze;2996107

    I'm wondering the same, think I will hold onto mine and I assume they … I'm wondering the same, think I will hold onto mine and I assume they will change to LLoysHBOS shares or what ever name they call themselves when it happens.They didn't cost so I haven't lost anything as got them when Halifax merged with RBOS



    ifyoudontask?;2996222

    [QUOTE=magicbeans;2996159]what will they be called?LloydsTSBHBOSLLoyds … [QUOTE=magicbeans;2996159]what will they be called?LloydsTSBHBOSLLoyds ?LLoyds & Co ?



    British Banks?

    magicbeans;2996159

    what will they be called?LloydsTSBHBOS



    Bigger rip-off merchants?

    Loylifax
    Halifoyds

    Hold your shares, they cannot get any worse as they stand.

    I recon keep them, theyve lost all they gonna loose, if u dont need the money straight away, they will increase in value again once all this credit crunch nonsense is over

    if lloytds tsb are gonna buy all hbos shares for a fixed priced, then surely your shares would be sold to lloyds tsb
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