Hsbc Share Discussion Threads

[skinny] 22/4/2024 12:30

Meanwhile, that's a new 3+ year high @667.40p

[tuftymatt] 22/4/2024 10:37

Yes Spud and that's why I am not topping up right now.

Have a feeling the market will jump on anything slightly negative so maybe open up a better top up price. Could be wrong and am very happy holding and being proved wrong too.

Good luck all 👍🏻

[orchestralis] 22/4/2024 10:20

Ignore that. I forgot it was already Xd :-)

[orchestralis] 22/4/2024 10:19

Why didn't you invest it after the divi drop?

[suetballs] 22/4/2024 10:15

Basically I've just reinvested my lovely dividend a few days before I get it.
Suet

[spud] 22/4/2024 09:37

Lloyds, HSBC, Barclays and NatWest set to report lower earnings this year as interest rate drop looms





spud

[tuftymatt] 22/4/2024 08:53

I am a little concerned with bank earnings coming out this week.

Not for the long term but just think anything slightly negative reported will get jumped on from a share price perspective. A happy holder but will wait before topping up as maybe sub 640 comes back around.

Good luck all 👍🏻

[suetballs] 22/4/2024 07:51

In advance of the trading update had a few more.
Suet

[geckotheglorious] 17/4/2024 17:30

"UK bank sector results preview: Lloyds Bank, Barclays, NatWest and HSBC"

With high street lenders about to publish quarterly results, City writer Graeme Evans runs through what to expect from them and which ones the analysts like best.

The bank has a “Neutral” recommendation and 630p price target on HSBC Holdings , believing the key issues for the stock are the revenue outlook - especially in 2025 - as rates fall and the general lack of confidence around income forecasts and sentiment concerning China.

But with the US rate curve now including two rate cuts rather than the six at the start of the year, there's room for an improved outlook to be shared in first-quarter results on 30 April.

UBS believes this could be powerful given the forthcoming 21 US cents special dividend for payment in the second quarter and with HSBC among the least-crowded trades in UBS’s European coverage.

Standard Chartered, which reports on 2 May, is UBS’ favoured international pick with a “Buy” recommendation and 810p price target.

[spud] 15/4/2024 16:55

Was expecting a more favourable exchange tbh - £440 drop in the dividend to me.

spud

[anhar] 15/4/2024 16:26

Sterling value of 2023 Q4 US31¢ divi announced: 24.8286p

[hutchmeister] 11/4/2024 06:55

Reasons to feel optimistic about a continued rise:1. New tax year and HSBC being a great choice for ISA investments, especially with the excellent yield.2. Dividend payout on the 25th April and the likelihood of these proceeds being reinvested (compound investing).3. Q1 results on the 30th April. Continued progress and announcement of quarterly dividend.4. Special dividend. Payable June with ex-dividend 16th May5. Continued buyback until 30th April.Onwards and upwards.

[jusjusjus] 10/4/2024 15:56

article seriously flawed though, that's only the first sentence!

"HSBC (LON: HSBA) share price has gone vertical this year, a move that has pushed it to its all-time high."

[spud] 10/4/2024 11:35

Here’s why the HSBC share price has gone vertical.



spud

[ih_451482] 10/4/2024 11:14

You called it, Hutch! Edging into a new price range with support at 640. Strong HOLD imho.

[skinny] 10/4/2024 10:35

3 month high earlier @659.40p.

6 month @661.50p, 3 year @665.60 and 687.70 5 year, all coming within range.

[skinny] 09/4/2024 07:05

HSBC AGREES TO SELL ITS BUSINESS IN ARGENTINA TO GRUPO FINANCIERO GALICIA


· Consideration of US$550m, subject to certain price adjustments

· US$1.0bn pre-tax loss on disposal recognised in the first quarter of 2024

· Insignificant impact on the Group's CET1 ratio by closing

· At closing, which is expected in the next 12 months, c. US$4.9bn of historical cumulative foreign currency translation reserve losses will be recognised in the income statement - these have already been recognised in capital and will have no impact on CET1 or tangible net asset value

· The transaction will be treated as a material notable item and excluded from the dividend payout calculation

[supermarky] 08/4/2024 16:04

Playing with fire at the moment imo

[petersinthemarket] 05/4/2024 10:46

top of the trading channel again. Anyone else trading a few here?

[spud] 04/4/2024 16:08

UK Watchdog Says No Action Needed After HSBC Self-Corrects Breaches



spud

[hutchmeister] 04/4/2024 11:50

To add with a new ISA year just about to kick in a lot of people will be thinking of buying HSBC.

[hutchmeister] 04/4/2024 11:49

With a special divi alongside a quarterly this is a hold/buy for most. I think £6.40 breach is very likely and a push up to £6.75-£7 imminent. GLA

[ih_451482] 04/4/2024 10:20

Can it breach 6-month resistance at 640?

[spud] 03/4/2024 17:54

'It will not happen': HSBC chairman rules out Asian arm spin-off




spud