Non-motoring > TSB float Miscellaneous
Thread Author: Crankcase Replies: 5
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New Mon 9 Jun 14 11:17 
 TSB float - Crankcase
Anyone planning a punt on TSB when it floats in a couple of weeks? Now priced, apparently, at a deliberate undervalue, private investors get no dividends until 2018, but you do get 1 free share for every 20 held after a year.


Long term little earner or dead duck?
Last edited by: Crankcase on Mon 9 Jun 14 at 11:18
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New Mon 9 Jun 14 14:30 
 TSB float - zippy
>>> 1 free share for every 20 held after a year.

Which is equivalent to 5%.

Existing Lloyds Banking Group shareholders may feel "obliged" to buy in equivalent proportion to their current holding as the TSB proportion is going cheap there may be a knock on effect on the LBG share price.

I am undecided at the moment.
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New Mon 9 Jun 14 22:36 
 TSB float - Dulwich Estate
Cleverly (much more luck than judgement really) I avoided the SAGA offer but am seriously contemplating this one with TSB. The omens look good for the short term - but who knows ? I will try and pick up as much info as I can before the date.
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New Tue 10 Jun 14 09:53 
 TSB float - Clk Sec
I changed my mind right at the last minute and didn't apply for any Saga shares, so I've got a few pennies available for the TSB float.
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New Tue 10 Jun 14 09:54 
 TSB float - Mapmaker
>>Which is equivalent to 5%.

More like 1% apr, over a four year period.
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New Sat 21 Jun 14 08:56 
 TSB float - Dulwich Estate
I forgot to apply for some - oops.

It seems I lost out to the tune of an instant 15%
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