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London Scottish Bank Shares Down Over 20% Today

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Last Trade: 13.50 p

Trade Time: 4:35PM

Change: 3.50 (20.59%)

Prev Close: 17.00

Open: 17.00

Bid: 13.25

Ask: 13.75

1y Target Est: 52.67p


LONDON (ShareCast) - London Scottish Bank (LSE: LSB.L - news) is to stop lending and will suspend paying a dividend until it has restored (Advertisement)
its capital base after racking up big losses in 2007.
LSB (LSBX - news) posted a £15.7m deficit in the year to October compared with a profit of £15.7m previously. That included a one-off impairment charge of £12.5m, while the unsecured consumer credit business lost £22.4m.

Another NR situation perhaps?

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Market Cap: £19.22 M

From Yahoo quotes.

Another loss like that and they are in trouble i'd say.

Not that they are in the clear now or anything!

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Last Trade: 17.00 p

Trade Time: 10:18AM

Change: 3.50 (25.93%)

Prev Close: 13.50

Open: 14.00

Bid: 16.50

Ask: 17.00

1y Target Est: 52.67p

Newspeak: yesterday's bad news is officially cancelled.

IN other news, tractor production rose by 600% last week as Gordon Brown...................................

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  • 297 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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