This British stock seems great:
- Cheap:
- Trailing P/E: 8.42
- Forward P/E : 8.15
- Growing well:
- Quarterly Revenue Growth (yoy): 24.30%
- Quarterly Earnings Growth (yoy): 26.90%
- Offering excellent dividends:
- Dividend Yield 7%
There is just a couple of questions should scare uneducated investors like me:
- Is Lloyds TSB Group involved with Subprime mess?
- Will it be able to continue giving such juicy dividends?
Question 2. is well connected to question 1. If LYG managed to stay out of the mess, its earning will continue to be good and we’ll get the dividends we want.
I couldn’t find anything on the Internet linking LYG to subprime mess except this article that I don’t dislike: it say that LYG was buying subprimes at discount price in August after the mess came out. This suggest me that Lloyds did not have the problem and wanted to take advantage of other banks problems. I may be proven wrong, but I’ll consider LYG a serious option for December’s stock buy.
BUY, SELL, KEEP 
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