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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (36805)3/2/2010 10:01:20 PM
From: Spekulatius  Read Replies (1) | Respond to of 78475
 
LYG,
1)tangible book 68pence/share (stock is trading at 51pence)
2) Largest market share in the GB
3) LYG management is running the company. They did one near fatal mistake (HBOS merger) but apart from that their track record is quite good <g>.

LYG is like buying BAC at 8$. I just don't know if it's on the way up or on the way down <g>.